Total Liabilities for Aflac (AFL)
According to Aflac's latest reported financial statements, the company's latest reported total liabilities is $86.98B USD. Total liabilities sum everything the company owes at the end of each reporting period — accounts payable, accrued expenses, debt, lease obligations, and other claims — as filed on the balance sheet. Compare with total assets and net assets for solvency context.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

AFL
Currently viewingTotal LiabilitiesSwitch metric
Latest period
$86.98B
YoY change
-4.9%
5Y CAGR
-7.9%
Peak year (2020)
$131.53B
Latest annual
$86.98B
Total Liabilities history chart for Aflac (AFL) from 1985 to 2025
Total Liabilities history table for Aflac (AFL) from 1985 to 2025
| Fiscal year | Period ended | Reported | Total Liabilities | YoY |
|---|---|---|---|---|
| 2025 | $86.98B | -4.9% | ||
| 2024 | $91.47B | -12.7% | ||
| 2023 | $104.74B | -6.1% | ||
| 2022 | $111.60B | -10.2% | ||
| 2021 | $124.29B | -5.5% | ||
| 2020 | $131.53B | +6.2% | ||
| 2019 | $123.81B | +5.9% | ||
| 2018 | $116.94B | +3.8% | ||
| 2017 | $112.62B | +3.0% | ||
| 2016 | $109.34B | +8.7% | ||
| 2015 | $100.55B | -0.9% | ||
| 2014 | $101.42B | -4.9% | ||
| 2013 | $106.69B | -7.3% | ||
| 2012 | $115.12B | +11.4% | ||
| 2011 | $103.29B | +14.8% | ||
| 2010 | $89.98B | +18.9% | ||
| 2009 | $75.69B | +4.1% | ||
| 2008 | $72.69B | +27.5% | ||
| 2007 | $57.01B | +10.8% | ||
| 2006 | $51.46B | +6.3% | ||
| 2005 | $48.43B | -6.4% | ||
| 2004 | $51.75B | +16.8% | ||
| 2003 | $44.32B | +14.6% | ||
| 2002 | $38.66B | +19.2% | ||
| 2001 | $32.44B | -0.3% | ||
| 2000 | $32.54B | -1.9% | ||
| 1999 | $33.17B | +20.8% | ||
| 1998 | $27.45B | +5.5% | ||
| 1997 | $26.02B | +13.7% | ||
| 1996 | $22.89B | -1.3% | ||
| 1995 | $23.20B | +25.2% | ||
| 1994 | $18.54B | +31.7% | ||
| 1993 | $14.08B | +30.1% | ||
| 1992 | $10.82B | +17.3% | ||
| 1991 | $9.22B | +27.3% | ||
| 1990 | $7.24B | +24.6% | ||
| 1989 | $5.81B | +7.0% | ||
| 1988 | $5.43B | +21.2% | ||
| 1987 | $4.48B | +56.9% | ||
| 1986 | $2.86B | +47.8% | ||
| 1985 | $1.93B | — |
Total Liabilities values are taken from Aflac's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Aflac (AFL) reported total liabilities of $86.98B – edged down 4.9% year-over-year.
Across 2020–2025 (5 years), Aflac total liabilities produced a CAGR of -7.9% – with a net decline across the window.
Across the available history, total liabilities reached its high of $131.53B in 2020 and its low of $1.93B in 1985.
Aflac (AFL) sits 7th of 8 Financial Services peers we track on this metric, against a peer median of $1.50T.
Aflac Total Liabilities by Year
Aflac Total Liabilities 2025: $86.98B
Aflac total liabilities in 2025 was $86.98B, edged down 4.9% below 2024.
Aflac Total Liabilities 2024: $91.47B
Aflac total liabilities in 2024 was $91.47B, declined 12.7% below 2023.
Aflac Total Liabilities 2023: $104.74B
Aflac total liabilities in 2023 was $104.74B, declined 6.1% below 2022.
Aflac Total Liabilities 2022: $111.60B
Aflac total liabilities in 2022 was $111.60B, declined 10.2% below 2021.
Aflac Total Liabilities 2021: $124.29B
Aflac total liabilities in 2021 was $124.29B.
See more financial history for Aflac (AFL).
Sector peers — Total Liabilities
Companies in the same sector as Aflac, ranked by their latest total liabilities.
| Company | Total Liabilities | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $4.06T | Financial Services |
| Bank of America Corporation (BAC) | $3.11T | Financial Services |
| Wells Fargo & Company (WFC) | $1.97T | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $1.68T | Financial Services |
| Morgan Stanley (MS) | $1.31T | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $502.47B | Financial Services |
| Visa Inc. (V) | $61.72B | Financial Services |
| Mastercard Incorporated (MA) | $46.41B | Financial Services |
Frequently asked questions
What is Aflac's total liabilities?
- Latest reported total liabilities for Aflac (AFL) is $86.98B (period ending December 31, 2025).
How has Aflac total liabilities changed year-over-year?
- Aflac (AFL) total liabilities changed -4.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Aflac total liabilities?
- Aflac (AFL) total liabilities compound annual growth rate is -7.9% over the most recent 5 years available.
When did Aflac total liabilities hit its highest annual value?
- Aflac total liabilities reached its highest annual value of $131.53B in 2020.
What was Aflac total liabilities in 2024?
- Aflac (AFL) total liabilities in 2024 was $91.47B.
What was Aflac total liabilities in 2025?
- Aflac (AFL) total liabilities in 2025 was $86.98B.
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