XML 170 R152.htm IDEA: XBRL DOCUMENT v3.25.4
Schedule II - Aflac Incorporated (Parent Only) - Condensed Statements of Cash Flows (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net earnings $ 3,646 $ 5,443 $ 4,659
Adjustments to reconcile net earnings to net cash provided from operating activities:      
Other, net (273) (616) 1,043
Net cash provided (used) by operating activities 2,555 2,707 3,190
Cash flows from investing activities:      
Fixed maturity securities purchased (11,742) (5,542) (2,801)
Other investments sold (purchased) (256) (972) (417)
Settlement of derivatives (20) (184) 79
Other, net (295) 61 (149)
Net cash provided (used) by investing activities 1,561 2,781 817
Cash flows from financing activities:      
Purchases of treasury stock (3,530) (2,800) (2,801)
Proceeds from borrowings 1,039 823 204
Principal payments under debt obligations (84) (194) 0
Dividends paid to shareholders (1,198) (1,087) (966)
Treasury stock reissued 8 14 17
Proceeds from exercise of stock options 9 13 16
Other, net (38) (28) (17)
Net cash provided (used) by financing activities (4,069) (3,486) (3,723)
Net change in cash and cash equivalents 16 1,923 363
Cash and cash equivalents, beginning of period 6,229    
Cash and cash equivalents, end of period 6,245 6,229  
Parent Company      
Cash flows from operating activities:      
Net earnings 3,646 5,443 4,659
Adjustments to reconcile net earnings to net cash provided from operating activities:      
Equity in earnings of subsidiaries [1] (3,708) (5,090) (4,418)
Cash dividends received from subsidiaries 3,824 4,274 3,410
Other, net (52) (292) (686)
Net cash provided (used) by operating activities 3,710 4,335 2,965
Cash flows from investing activities:      
Fixed maturity securities sold 824 572 547
Fixed maturity securities purchased (772) (695) (345)
Other investments sold (purchased) 125 (243) (34)
Settlement of derivatives 277 469 693
Additional capitalization of subsidiaries [1] (15) (84) (203)
Other, net (58) 0 1
Net cash provided (used) by investing activities 381 19 659
Cash flows from financing activities:      
Purchases of treasury stock (3,530) (2,800) (2,801)
Proceeds from borrowings 1,039 823 0
Principal payments under debt obligations (84) 0 0
Dividends paid to shareholders (1,198) (1,087) (966)
Treasury stock reissued 8 14 17
Proceeds from exercise of stock options 7 9 13
Net change in amount due to/from subsidiary [1] 25 (5) (6)
Other, net (20) (7) (17)
Net cash provided (used) by financing activities (3,753) (3,053) (3,760)
Net change in cash and cash equivalents 338 1,301 (136)
Cash and cash equivalents, beginning of period 2,308 1,007 1,143
Cash and cash equivalents, end of period $ 2,646 $ 2,308 $ 1,007
[1] Eliminated in consolidation