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Aflac Incorporated and Subsidiaries
December 31,
(In millions)
2016
2015
2014
2013
2012
Assets:
Investments and cash
$116,361
$105,897 $107,341 $108,459 $118,219
Other
13,458
12,359
12,386
12,809
12,838
Total assets
$129,819
$118,256 $119,727 $121,268 $131,057
Liabilities and shareholders’ equity:
Policy liabilities
$ 93,726
$ 87,631 $ 83,933 $ 89,402 $ 97,720
Income taxes
5,387
4,340
5,293
3,718
3,858
Notes payable
5,360
4,971
5,242
4,858
4,315
Other liabilities
4,864
3,606
6,912
8,670
9,186
Shareholders’ equity
20,482
17,708
18,347
14,620
15,978
Total liabilities and shareholders’ equity
$129,819
$118,256 $119,727 $121,268 $131,057
Prior-year amounts have been adjusted for the adoption of accounting guidance on January 1, 2016 related to debt issuance costs.
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