Debt (Tables)

12 Months Ended

Dec. 31, 2025

Debt Disclosure [Abstract]

Schedule of Selected Information about Debt Issues

The following table presents information about the terms and outstanding balances of Globe Life's debt.

Selected Information about Debt Issues

				As of December 31,
				2025								2024
Instrument	Issue Date	Maturity Date	Coupon Rate	Par Value		Unamortized Discount & Issuance Costs		Book Value		Fair Value		Book Value
Senior notes	09/27/2018	09/15/2028	4.550%	$	550,000	$	(2,252)	$	547,748	$	555,115	$	546,999
Senior notes	08/21/2020	08/15/2030	2.150%	400,000		(2,396)		397,604		361,852		397,132
Senior notes(1)	05/19/2022	06/15/2032	4.800%	250,000		(3,308)		246,692		251,923		246,272
Senior notes	08/23/2024	09/15/2034	5.850%	450,000		(4,782)		445,218		472,792		444,814
Junior subordinated debentures	11/17/2017	11/17/2057	5.275%	125,000		(1,539)		123,461		123,290		123,443
Junior subordinated debentures	06/14/2021	06/15/2061	4.250%	325,000		(7,528)		317,472		217,750		317,387
Term loan(2)	05/11/2023	08/15/2027	5.353%	250,000		(1,110)		248,890		248,890		248,204
Subtotal				2,350,000		(22,915)		2,327,085		2,231,612		2,324,251
Unamortized issuance costs(3)				—		(6,292)		(6,292)		(6,292)		—
Total long-term debt				2,350,000		(29,207)		2,320,793		2,225,320		2,324,251
Commercial paper				306,000		(1,344)		304,656		304,656		415,401
Total short-term debt				306,000		(1,344)		304,656		304,656		415,401
Total debt				$	2,656,000	$	(30,551)	$	2,625,449	$	2,529,976	$	2,739,652

(1)An additional $150 million par value and book value is held by insurance subsidiaries that eliminates in consolidation.

(2)Interest calculated quarterly using Secured Overnight Financing Rate (SOFR) plus 135 basis points. The term loan was amended on August 15, 2024 extending the maturity date from November 11, 2024 to August 15, 2027 and increasing the principal amount from $170 million to $250 million.

(3)Unamortized issuance costs for P-CAPS facility agreement.

The following tables present selected information concerning Globe Life's commercial paper borrowings.

Credit Facility—Commercial Paper

(Dollar amounts in thousands)

	At December 31,
	2025			2024
Balance commercial paper at end of period (at par value)	$	306,000		$	419,000
Annualized interest rate	4.05		%	5.22		%
Letters of credit outstanding	$	115,000		$	115,000
Remaining amount available under credit line	579,000			466,000

Credit Facility—Commercial Paper Activity

(Dollar amounts in thousands)

	Year Ended December 31,
	2025			2024			2023
Average balance of commercial paper outstanding during period (par value)	$	412,705		$	405,573		$	290,024
Daily-weighted average interest rate (annualized)	4.77		%	5.65		%	5.40		%
Maximum daily amount outstanding during period (par value)	$	605,500		$	633,425		$	477,700
Commercial paper issued during period (par value)	2,369,500			2,052,056			2,029,000
Commercial paper matured during period (par value)	(2,482,500)			(1,952,056)			(1,995,000)
Net commercial paper issued (matured) during period (par value)	(113,000)			100,000			34,000

Schedule of Maturities of Long-term Debt

The following table presents expected scheduled principal payments under our contractual debt obligations:

	Year Ended December 31,
	2026		2027		2028		2029		2030		Thereafter
Debt obligations	$	306,000	$	250,000	$	550,000	$	—	$	400,000	$	1,150,000