Debt (Tables)

6 Months Ended

Jun. 30, 2022

The following table presents information about the terms and outstanding balances of Globe Life's debt.

Selected Information about Debt Issues


				As of
				June 30, 2022								December 31, 2021
Instrument	Issue Date	Maturity Date	Coupon Rate	Par Value		Unamortized Discount & Issuance Costs		Book Value		Fair Value		Book Value
Senior notes	5/27/1993	5/15/2023	7.875%	$	165,612	$	(257)	$	165,355	$	171,168	$	165,216
Senior notes(1)	9/24/2012	9/15/2022	3.800%	150,000		(74)		149,926		150,251		149,752
Senior notes	9/27/2018	9/15/2028	4.550%	550,000		(4,725)		545,275		541,486		544,949
Senior notes	8/21/2020	8/15/2030	2.150%	400,000		(4,001)		395,999		327,492		395,778
Senior notes(1)	5/19/2022	6/15/2032	4.800%	250,000		(4,726)		245,274		246,459		—

Junior subordinated debentures	11/17/2017	11/17/2057	5.275%	125,000		(1,597)		123,403		125,325		123,396
Junior subordinated debentures	6/14/2021	6/15/2061	4.250%	325,000		(7,808)		317,192		248,820		317,155
				1,965,612		(23,188)		1,942,424		1,811,001		1,696,246
Less current maturity of long-term debt(1)				315,612		(331)		315,281		321,419		149,752
Total long-term debt				1,650,000		(22,857)		1,627,143		1,489,582		1,546,494

Current maturity of long-term debt(1)				315,612		(331)		315,281		321,419		149,752
Commercial paper				180,000		(155)		179,845		179,845		329,892
Total short-term debt				495,612		(486)		495,126		501,264		479,644

Total debt				$	2,145,612	$	(23,343)	$	2,122,269	$	1,990,846	$	2,026,138

(1)An additional $150 million par value and book value is held by insurance subsidiaries that eliminates in consolidation.