Globe Life Inc
NYSE:GL

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Globe Life Inc
NYSE:GL
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Price: 108.57 USD -0.75%
Market Cap: 9.1B USD
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Balance Sheet

Balance Sheet Decomposition
Globe Life Inc

Cash & Short-Term Investments 134.5m
Deferred Policy Acquisition Cost 6.4B
Long-Term Investments 20.7B
Other Assets 2.3B
Insurance Policy Liabilities 21.1B
Short Term Debt 437.4m
Long Term Debt 2.3B
Other Liabilities 1.1B

Balance Sheet
Globe Life Inc

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Balance Sheet
Currency: USD
Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Cash & Cash Equivalents
66
61
76
119
121
76
95
92
93
103
Cash
66
61
76
119
121
76
95
92
93
103
Total Receivables
328
345
384
392
415
442
474
487
589
630
Deferred Policy Acquisition Cost
3 457
3 617
3 783
3 958
4 138
4 342
4 595
4 915
5 536
6 009
Total Current Assets
328
345
384
392
415
442
474
487
589
630
PP&E Net
139
175
196
217
256
298
350
378
2
2
PP&E Gross
139
175
196
217
256
298
350
378
2
2
Accumulated Depreciation
85
92
99
109
121
137
164
173
194
215
Goodwill
442
442
442
442
442
442
442
482
482
482
Long-Term Investments
14 993
14 344
15 880
17 734
17 119
19 847
22 453
22 758
18 208
19 724
Other Long-Term Assets
288
313
128
69
69
0
0
0
0
0
Other Assets
1 001
999
989
987
979
973
1 080
1 138
1 559
1 583
Total Assets
20 272
N/A
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%
Liabilities
Insurance Policy Liabilities
12 172
12 682
13 286
13 932
14 463
15 034
15 803
16 612
18 983
20 467
Short-Term Debt
0
0
0
0
301
289
255
330
284
317
Current Portion of Long-Term Debt
238
490
264
328
7
9
0
150
166
170
Other Current Liabilities
1 786
1 451
1 744
1 312
1 048
1 477
1 834
1 765
435
495
Total Current Liabilities
2 024
1 941
2 008
1 640
1 356
1 775
2 089
2 245
884
981
Long-Term Debt
992
744
1 133
1 132
1 357
1 349
1 668
1 546
1 628
1 630
Other Liabilities
386
431
441
539
504
525
716
722
542
488
Total Liabilities
15 575
N/A
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%
Equity
Common Stock
134
130
127
124
121
117
113
109
105
102
Retained Earnings
3 377
3 614
3 891
4 806
5 213
5 551
5 874
6 182
6 895
7 479
Additional Paid In Capital
458
482
490
508
524
532
527
521
530
532
Unrealized Security Profit/Loss
1 090
332
692
1 569
436
1 983
3 176
2 765
1 421
828
Treasury Stock
269
403
519
632
763
751
773
847
790
854
Other Equity
93
100
115
145
116
138
146
88
1 370
1 945
Total Equity
4 697
N/A
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%
Total Liabilities & Equity
20 272
N/A
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%
Shares Outstanding
Common Shares Outstanding
128
122
118
115
111
108
104
100
97
94

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