---
schema_version: "secwatch.filing_event.v1"
accession: "0000004977-23-000059"
form_type: "8-K"
ticker: "AFL"
cik: "0000004977"
company_name: "AFLAC INC"
filed_at: "2023-02-27T23:59:59+00:00"
generated_at: "2026-06-19T00:07:15.770507+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Aflac adopts LDTI accounting standard; updates historical FAB supplement with no earnings impact

## Summary
- Adoption of ASU 2018-12 (LDTI) effective Jan 1, 2023; transition date Jan 1, 2021.
- Change in presentation: deferred profit liability moved from benefits/claims to net earned premiums; no impact on net earnings.
- FAB Supplement for Dec 31, 2022 adjusted for LDTI; furnished as Exhibit 99.1.
- All comparative periods in future financial statements will reflect the new presentation.

## SEC filing metadata
- accession: 0000004977-23-000059
- form_type: 8-K
- ticker: AFL
- cik: 0000004977
- company_name: AFLAC INC
- filed_at: 2023-02-27T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4977/000000497723000059/0000004977-23-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4977/000000497723000059/afl-20230227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004977-23-000059
- JSON: https://secwatch.observer/filing/0000004977-23-000059.json
- Plain text: https://secwatch.observer/filing/0000004977-23-000059.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.