Debt (Tables)

3 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

Schedule of Selected Information about Debt Issues

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

Selected Information about Debt Issues

				As of
				March 31, 2023								December 31, 2022
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	$	(38)	$	165,574	$	164,746	$	165,500
Senior notes	9/27/2018	9/15/2028	4.550%	550,000		(4,229)		545,771		546,348		545,601
Senior notes	8/21/2020	8/15/2030	2.150%	400,000		(3,668)		396,332		323,984		396,219
Senior notes(1)	5/19/2022	6/15/2032	4.800%	250,000		(4,412)		245,588		241,275		245,493
Junior subordinated debentures	11/17/2017	11/17/2057	5.275%	125,000		(1,585)		123,415		124,265		123,410
Junior subordinated debentures	6/14/2021	6/15/2061	4.250%	325,000		(7,752)		317,248		248,300		317,229
				1,815,612		(21,684)		1,793,928		1,648,918		1,793,452
Less current maturity of long-term debt				165,612		(38)		165,574		164,746		165,500
Total long-term debt				1,650,000		(21,646)		1,628,354		1,484,172		1,627,952
Current maturity of long-term debt				165,612		(38)		165,574		164,746		165,500
FHLB borrowings				45,000		—		45,000		45,000		—
Commercial paper				305,000		(1,327)		303,673		303,673		283,603
Total short-term debt				515,612		(1,365)		514,247		513,419		449,103
Total debt				$	2,165,612	$	(23,011)	$	2,142,601	$	1,997,591	$	2,077,055

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