Globe Life Inc
NYSE:GL
Balance Sheet
Balance Sheet Decomposition
Globe Life Inc
Globe Life Inc
Balance Sheet
Globe Life Inc
| Dec-2002 | Dec-2003 | Dec-2004 | Dec-2005 | Dec-2006 | Dec-2007 | Dec-2008 | Dec-2009 | Dec-2010 | Dec-2011 | Dec-2012 | Dec-2013 | Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||||||||||||
| Cash & Cash Equivalents |
7
|
13
|
11
|
19
|
17
|
20
|
46
|
231
|
366
|
84
|
62
|
37
|
66
|
61
|
76
|
119
|
121
|
76
|
95
|
92
|
93
|
103
|
165
|
145
|
|
| Cash |
7
|
13
|
11
|
19
|
17
|
20
|
46
|
231
|
366
|
84
|
62
|
37
|
66
|
61
|
76
|
119
|
121
|
76
|
95
|
92
|
93
|
103
|
165
|
145
|
|
| Total Receivables |
70
|
85
|
73
|
67
|
79
|
97
|
152
|
193
|
230
|
254
|
384
|
331
|
328
|
345
|
384
|
392
|
415
|
442
|
474
|
487
|
589
|
630
|
692
|
769
|
|
| Deferred Policy Acquisition Cost |
2 184
|
2 330
|
2 506
|
2 768
|
2 956
|
3 159
|
3 395
|
3 320
|
3 406
|
2 917
|
3 198
|
3 338
|
3 457
|
3 617
|
3 783
|
3 958
|
4 138
|
4 342
|
4 595
|
4 915
|
5 536
|
6 009
|
6 496
|
6 999
|
|
| Total Current Assets |
70
|
85
|
73
|
67
|
79
|
97
|
152
|
193
|
230
|
254
|
384
|
331
|
328
|
345
|
384
|
392
|
415
|
442
|
474
|
487
|
589
|
630
|
692
|
769
|
|
| PP&E Net |
43
|
45
|
43
|
12
|
8
|
57
|
53
|
2
|
2
|
3
|
3
|
0
|
139
|
175
|
196
|
217
|
256
|
298
|
350
|
378
|
2
|
2
|
284
|
370
|
|
| PP&E Gross |
43
|
45
|
43
|
0
|
0
|
57
|
53
|
0
|
0
|
0
|
0
|
0
|
139
|
175
|
196
|
217
|
256
|
298
|
350
|
378
|
2
|
2
|
284
|
370
|
|
| Accumulated Depreciation |
77
|
77
|
79
|
0
|
0
|
82
|
55
|
0
|
0
|
0
|
0
|
0
|
85
|
92
|
99
|
109
|
121
|
137
|
164
|
173
|
194
|
215
|
242
|
245
|
|
| Goodwill |
378
|
378
|
378
|
378
|
378
|
424
|
424
|
397
|
397
|
397
|
442
|
442
|
442
|
442
|
442
|
442
|
442
|
442
|
442
|
482
|
482
|
482
|
490
|
490
|
|
| Long-Term Investments |
7 876
|
8 765
|
9 296
|
9 379
|
9 695
|
9 764
|
8 395
|
9 822
|
11 196
|
12 350
|
14 091
|
13 420
|
14 993
|
14 344
|
15 880
|
17 734
|
17 119
|
19 847
|
22 453
|
22 758
|
18 208
|
19 724
|
19 572
|
20 470
|
|
| Other Long-Term Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
288
|
313
|
128
|
69
|
69
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Assets |
2 179
|
2 228
|
2 322
|
2 522
|
2 225
|
2 145
|
1 488
|
2 457
|
960
|
981
|
1 040
|
1 066
|
1 001
|
999
|
989
|
987
|
979
|
973
|
1 080
|
1 138
|
1 559
|
1 583
|
1 868
|
2 062
|
|
| Total Assets |
12 361
N/A
|
13 466
+9%
|
14 252
+6%
|
14 769
+4%
|
14 980
+1%
|
15 241
+2%
|
13 529
-11%
|
16 024
+18%
|
16 160
+1%
|
16 588
+3%
|
18 777
+13%
|
18 192
-3%
|
20 272
+11%
|
19 853
-2%
|
21 436
+8%
|
23 475
+10%
|
23 096
-2%
|
25 977
+12%
|
29 047
+12%
|
29 768
+2%
|
25 987
-13%
|
28 051
+8%
|
29 076
+4%
|
30 814
+6%
|
|
| Liabilities | |||||||||||||||||||||||||
| Insurance Policy Liabilities |
7 788
|
8 331
|
8 658
|
9 000
|
9 377
|
9 815
|
9 644
|
9 012
|
9 537
|
9 957
|
11 104
|
11 648
|
12 172
|
12 682
|
13 286
|
13 932
|
14 463
|
15 034
|
15 803
|
16 612
|
18 983
|
20 467
|
19 716
|
20 513
|
|
| Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
301
|
289
|
255
|
330
|
284
|
317
|
415
|
305
|
|
| Current Portion of Long-Term Debt |
201
|
182
|
170
|
382
|
170
|
202
|
404
|
233
|
199
|
225
|
319
|
229
|
238
|
490
|
264
|
328
|
7
|
9
|
0
|
150
|
166
|
170
|
0
|
0
|
|
| Other Current Liabilities |
720
|
1 062
|
1 150
|
1 168
|
1 135
|
1 090
|
544
|
1 089
|
1 334
|
1 444
|
1 610
|
1 286
|
1 786
|
1 451
|
1 744
|
1 312
|
1 048
|
1 477
|
1 834
|
1 765
|
435
|
495
|
731
|
860
|
|
| Total Current Liabilities |
921
|
1 244
|
1 320
|
1 550
|
1 305
|
1 292
|
948
|
1 322
|
1 533
|
1 669
|
1 929
|
1 515
|
2 024
|
1 941
|
2 008
|
1 640
|
1 356
|
1 775
|
2 089
|
2 245
|
884
|
981
|
1 147
|
1 164
|
|
| Long-Term Debt |
552
|
543
|
540
|
353
|
598
|
598
|
499
|
796
|
790
|
791
|
990
|
991
|
992
|
744
|
1 133
|
1 132
|
1 357
|
1 349
|
1 668
|
1 546
|
1 628
|
1 630
|
2 324
|
2 321
|
|
| Other Liabilities |
104
|
107
|
314
|
434
|
242
|
211
|
216
|
1 495
|
284
|
312
|
393
|
262
|
386
|
431
|
441
|
539
|
504
|
525
|
716
|
722
|
542
|
488
|
583
|
841
|
|
| Total Liabilities |
9 365
N/A
|
10 225
+9%
|
10 832
+6%
|
11 336
+5%
|
11 521
+2%
|
11 917
+3%
|
11 306
-5%
|
12 625
+12%
|
12 144
-4%
|
12 729
+5%
|
14 415
+13%
|
14 415
N/A
|
15 575
+8%
|
15 798
+1%
|
16 869
+7%
|
17 244
+2%
|
17 681
+3%
|
18 683
+6%
|
20 276
+9%
|
21 125
+4%
|
22 037
+4%
|
23 565
+7%
|
23 771
+1%
|
24 839
+4%
|
|
| Equity | |||||||||||||||||||||||||
| Common Stock |
271
|
114
|
109
|
105
|
100
|
95
|
86
|
84
|
120
|
112
|
106
|
151
|
134
|
130
|
127
|
124
|
121
|
117
|
113
|
109
|
105
|
102
|
97
|
92
|
|
| Retained Earnings |
2 317
|
2 273
|
2 463
|
2 622
|
2 827
|
3 003
|
2 929
|
3 229
|
3 473
|
3 265
|
3 403
|
3 496
|
3 377
|
3 614
|
3 891
|
4 806
|
5 213
|
5 551
|
5 874
|
6 182
|
6 895
|
7 479
|
8 003
|
8 547
|
|
| Additional Paid In Capital |
555
|
501
|
485
|
509
|
492
|
481
|
446
|
441
|
433
|
425
|
440
|
462
|
458
|
482
|
490
|
508
|
524
|
532
|
527
|
521
|
530
|
532
|
528
|
536
|
|
| Unrealized Security Profit/Loss |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
256
|
1 090
|
332
|
692
|
1 569
|
436
|
1 983
|
3 176
|
2 765
|
1 421
|
828
|
1 320
|
970
|
|
| Treasury Stock |
324
|
41
|
42
|
71
|
100
|
174
|
68
|
36
|
33
|
493
|
512
|
543
|
269
|
403
|
519
|
632
|
763
|
751
|
773
|
847
|
790
|
854
|
1 292
|
1 429
|
|
| Other Equity |
177
|
393
|
406
|
269
|
140
|
81
|
1 170
|
319
|
23
|
550
|
925
|
45
|
93
|
100
|
115
|
145
|
116
|
138
|
146
|
88
|
1 370
|
1 945
|
710
|
801
|
|
| Total Equity |
2 996
N/A
|
3 240
+8%
|
3 420
+6%
|
3 433
+0%
|
3 459
+1%
|
3 325
-4%
|
2 223
-33%
|
3 399
+53%
|
4 016
+18%
|
3 860
-4%
|
4 362
+13%
|
3 776
-13%
|
4 697
+24%
|
4 056
-14%
|
4 567
+13%
|
6 231
+36%
|
5 415
-13%
|
7 294
+35%
|
8 771
+20%
|
8 643
-1%
|
3 950
-54%
|
4 487
+14%
|
5 306
+18%
|
5 975
+13%
|
|
| Total Liabilities & Equity |
12 361
N/A
|
13 466
+9%
|
14 252
+6%
|
14 769
+4%
|
14 980
+1%
|
15 241
+2%
|
13 529
-11%
|
16 024
+18%
|
16 160
+1%
|
16 588
+3%
|
18 777
+13%
|
18 192
-3%
|
20 272
+11%
|
19 853
-2%
|
21 436
+8%
|
23 475
+10%
|
23 096
-2%
|
25 977
+12%
|
29 047
+12%
|
29 768
+2%
|
25 987
-13%
|
28 051
+8%
|
29 076
+4%
|
30 814
+6%
|
|
| Shares Outstanding | |||||||||||||||||||||||||
| Common Shares Outstanding |
266
|
254
|
243
|
233
|
221
|
207
|
191
|
186
|
178
|
151
|
141
|
134
|
128
|
122
|
118
|
115
|
111
|
108
|
104
|
100
|
97
|
94
|
84
|
79
|
|