GLOBE LIFE INC.
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $258.4M | $254.2M | $274.8M | $257.1M | $215.3M | $223.6M | $242.3M | $190.6M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $374.1M | $350.8M | $391.4M | $286.9M | $326.8M | $477.3M | $371.8M | $357.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $17.6M | $9.1M | $13.1M | $10.8M | $17.4M | $8.2M | $8.2M | $6.1M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $105.4M | $-731.9M | $-98.2M | $-417.8M | $-162.4M | $-247.8M | $-252.2M | $-282.9M |
| Financing Activities | ||||||||
| Dividends Paid | $22.6M | $21.1M | $21.2M | $21.4M | $21.5M | $20.1M | $20.1M | $20.2M |
| Stock Repurchases | $335.9M | $23.5M | $145.2M | $96.9M | $89.8M | $179.3M | $119.2M | $72.0M |
| Net Cash from Financing Activities | $-476.7M | $357.0M | $-271.7M | $136.8M | $-254.8M | $-151.7M | $-114.7M | $-170.3M |
| Net Change in Cash | $4.4M | $-19.6M | $17.6M | $10.5M | $-97.1M | $79.5M | $7.0M | $-86.7M |
| Free Cash Flow | $356.5M | $341.7M | $378.3M | $276.1M | $309.4M | $469.1M | $363.6M | $350.9M |