05/27/2025 | Press release | Distributed by Public on 05/27/2025 04:02
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Price to
Public(1) |
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Underwriting
Discount |
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Proceeds
(before expenses) to Aflac Incorporated |
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Per note
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notes total
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Per note
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| | | | % | | | | | | % | | | | | | % | | |
notes total
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Per note
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| | | | % | | | | | | % | | | | | | % | | |
notes total
|
| | | ¥ | | | | | ¥ | | | | | ¥ | | | |
| Mizuho | | |
Morgan Stanley
|
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SMBC Nikko
|
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Page
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ABOUT THIS PROSPECTUS SUPPLEMENT
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| | | | S-iv | | |
PROSPECTUS SUPPLEMENT SUMMARY
|
| | | | S-1 | | |
THE OFFERING
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| | | | S-2 | | |
RISK FACTORS
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| | | | S-5 | | |
CURRENCY CONVERSION
|
| | | | S-8 | | |
USE OF PROCEEDS
|
| | | | S-9 | | |
CAPITALIZATION
|
| | | | S-10 | | |
DESCRIPTION OF THE NOTES
|
| | | | S-11 | | |
CERTAIN U.S. FEDERAL INCOME TAX CONSIDERATIONS
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| | | | S-20 | | |
UNDERWRITING
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| | | | S-25 | | |
VALIDITY OF THE NOTES
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| | | | S-30 | | |
EXPERTS
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| | | | S-30 | | |
WHERE YOU CAN FIND MORE INFORMATION
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| | | | S-31 | | |
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Page
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CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
|
| | | | 1 | | |
AFLAC INCORPORATED
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| | | | 3 | | |
RISK FACTORS
|
| | | | 4 | | |
USE OF PROCEEDS
|
| | | | 5 | | |
DESCRIPTION OF DEBT SECURITIES
|
| | | | 6 | | |
REGISTRATION, TRANSFER AND PAYMENT OF CERTIFICATED SECURITIES
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| | | | 16 | | |
PLAN OF DISTRIBUTION
|
| | | | 17 | | |
WHERE YOU CAN FIND MORE INFORMATION
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| | | | 19 | | |
LEGAL MATTERS
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| | | | 20 | | |
EXPERTS
|
| | | | 20 | | |
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As of
March 31, 2025 Actual |
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As of
March 31, 2025 As adjusted |
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(In millions)
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Cash and Cash Equivalents(1)
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| | | $ | 5,231 | | | | | $ | | | |
Short-term Debt
|
| | | | - | | | | | | - | | |
Long-term Debt(1)
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| | | | 7,751 | | | | | | | | |
Total Debt
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| | | | 7,751 | | | | | | | | |
Shareholders' Equity: | | | | | | | | | | | | | |
Common Stock, at Par Value
|
| | | | 136 | | | | | | 136 | | |
Additional Paid-in Capital
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| | | | 2,919 | | | | | | 2,919 | | |
Retained Earnings
|
| | | | 52,308 | | | | | | 52,308 | | |
Accumulated Other Comprehensive Income: | | | | | | | | | | | | | |
Unrealized Foreign Currency Translation Gains (Losses)
|
| | | | (4,549) | | | | | | (4,549) | | |
Unrealized Gains (Losses) on Fixed Maturity Securities
|
| | | | (1,233) | | | | | | (1,233) | | |
Unrealized Gains (Losses) on Derivatives
|
| | | | (18) | | | | | | (18) | | |
Pension Liability Adjustment
|
| | | | 42 | | | | | | 42 | | |
Treasury Stock, at Average Cost
|
| | | | (27,166) | | | | | | (27,166) | | |
Total Shareholders' Equity
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| | | | 26,338 | | | | | | 26,338 | | |
Total Capitalization
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| | | $ | 34,089 | | | | | $ | | | |
Underwriter
|
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Principal amount
of notes |
| |
Principal amount
of notes |
| |
Principal amount
of notes |
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Mizuho Securities USA LLC
|
| | | ¥ | | | | | ¥ | | | | | ¥ | | | |||
Morgan Stanley & Co. International plc
|
| | | | | | | | | | | | | | | | | | |
SMBC Nikko Securities America, Inc.
|
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Total
|
| | | ¥ | | | | | ¥ | | | | | ¥ | | | |
|
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
|
| | | | 1 | | |
|
AFLAC INCORPORATED
|
| | | | 3 | | |
|
RISK FACTORS
|
| | | | 4 | | |
|
USE OF PROCEEDS
|
| | | | 5 | | |
|
DESCRIPTION OF DEBT SECURITIES
|
| | | | 6 | | |
|
REGISTRATION, TRANSFER AND PAYMENT OF CERTIFICATED SECURITIES
|
| | | | 16 | | |
|
PLAN OF DISTRIBUTION
|
| | | | 17 | | |
|
WHERE YOU CAN FIND MORE INFORMATION
|
| | | | 19 | | |
|
LEGAL MATTERS
|
| | | | 20 | | |
|
EXPERTS
|
| | | | 20 | | |