Ticker League

Aflac (AFL) Cash Flow Waterfall

Trace Aflac's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$2.93B

Capex

$0.00

Free Cash Flow

$2.93B

FCF Margin

+100.0%

Cash flow waterfall for Aflac (AFL) — TTM through Q1 2026

Free cash flow: $2.93B

Note: Other Investing is large — driven mainly by purchases or sales of investments.

Cash flow breakdown for Aflac (AFL) — TTM through Q1 2026

  • Operating Cash Flow$2.93B
  • Capital Expenditure$0.00
  • Free Cash Flow$2.93B
  • Other Investing$2.16B
  • Share Buybacks−$3.63B
  • Dividends Paid−$1.20B
  • Net Debt Change$555.00M
  • Other Financing−$299.00M
  • Forex Effect−$105.00M
  • Net Cash Increase$423.00M
Want to see what drove the FCF change?Free Cash Flow Bridge

Frequently asked questions

Data & methodology