BUSINESS SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2012

We then exclude income taxes related to operations to arrive at pretax operating earnings. Information regarding operations by segment follows:



	Three Months Ended March 31,
(In millions)	2012			2011
Revenues:
Aflac Japan:
Earned premiums	$	4,148		$	3,702
Net investment income	730			649
Other income	16			20
Total Aflac Japan	4,894			4,371
Aflac U.S.:
Earned premiums	1,231			1,169
Net investment income	152			144
Other income	2			3
Total Aflac U.S.	1,385			1,316
Other business segments	14			15
Total business segment revenues	6,293			5,702
Realized investment gains (losses)	(45		)	(579		)
Corporate	68			61
Intercompany eliminations	(76		)	(67		)
Total revenues	$	6,240		$	5,117



	Three Months Ended March 31,
(In millions)	2012			2011
Pretax earnings:
Aflac Japan	$	1,040		$	974
Aflac U.S.	271			251
Other business segments	0			0
Total business segment pretax operating earnings	1,311			1,225
Interest expense, noninsurance operations	(44		)	(41		)
Corporate and eliminations	(20		)	(14		)
Pretax operating earnings	1,247			1,170
Realized investment gains (losses)	(45		)	(579		)
Total earnings before income taxes	$	1,202		$	591
Income taxes applicable to pretax operating earnings	$	433		$	405
Effect of foreign currency translation on operating earnings	20			49

Prior-year amounts have been adjusted for the adoption of accounting guidance on January 1, 2012 related to deferred policy acquisition costs.

Assets were as follows:



	March 31,			December 31,
(In millions)	2012			2011
Assets:
Aflac Japan	$	100,133		$	101,692
Aflac U.S.	14,207			13,942
Other business segments	159			160
Total business segment assets	114,499			115,794
Corporate	18,322			16,182
Intercompany eliminations	(17,269		)	(15,739		)
Total assets	$	115,552		$	116,237

Prior-year amounts have been adjusted for the adoption of accounting guidance on January 1, 2012 related to deferred policy acquisition costs.