Aflac Incorporated
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.67B | $22.56B | $20.87B | $22.73B | $23.94B | $25.36B | $22.17B | $20.73B |
| Net Earned Premiums | $18.53B | $19.23B | $17.57B | $19.07B | $20.14B | $22.15B | $20.36B | $18.07B |
| Net Investment Income | $3.22B | $3.28B | $3.14B | $3.32B | $3.29B | $3.47B | $3.28B | $3.01B |
| Net Investment Gains (Losses) | $-151.0M | $-123.0M | $140.0M | $215.0M | $399.0M | $-349.0M | $-1.55B | $-422.0M |
| Other Income | $67.0M | $179.0M | $27.0M | $122.0M | $112.0M | $92.0M | $81.0M | $74.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.78B | $2.80B | $2.61B | $2.26B | $2.22B | $2.42B | $2.34B | $2.16B |
| Operating Income | $4.09B | $4.12B | $4.00B | $4.25B | $4.40B | $4.66B | $4.50B | $3.98B |
| Operating Margin | 18.9% | 18.2% | 19.2% | 18.7% | 18.4% | 18.4% | 20.3% | 19.2% |
| Interest Expense | $240.0M | $268.0M | $289.0M | $317.0M | $293.0M | $261.0M | $196.0M | $149.0M |
| Pretax Income | $4.02B | $4.07B | $3.86B | $4.49B | $4.82B | $4.30B | $2.95B | $3.56B |
| Income Tax Expense | $-586.0M | $1.41B | $1.33B | $1.54B | $1.66B | $1.44B | $1.01B | $1.23B |
| Net Income | $4.60B | $2.66B | $2.53B | $2.95B | $3.16B | $2.87B | $1.94B | $2.33B |
| Net Margin | 21.2% | 11.8% | 12.1% | 13.0% | 13.2% | 11.3% | 8.7% | 11.2% |
| EPS (Basic) | $5.81 | $3.23 | $5.88 | $6.54 | $6.80 | $6.14 | $4.16 | $4.96 |
| EPS (Diluted) | $5.77 | $3.21 | $5.85 | $6.50 | $6.76 | $6.11 | $4.12 | $4.92 |
| Shares Outstanding (Basic) | 792.0M | 822.9M | 430.7M | 451.2M | 464.5M | 466.9M | 466.5M | 469.0M |
| Shares Outstanding (Diluted) | 797.9M | 827.8M | 433.2M | 454.0M | 467.4M | 469.3M | 469.4M | 473.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |