XML 42 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8
SHAREHOLDERS' EQUITY SHAREHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2013
Stockholders' Equity Note [Abstract]  
Schedule of Common Stock Outstanding Roll Forward
The following table is a reconciliation of the number of shares of the Company's common stock for the nine-month periods ended September 30.
(In thousands of shares)
2013
 
2012
Common stock - issued:
 
 
 
Balance, beginning of period
665,239

 
663,639

Exercise of stock options and issuance of restricted shares
1,254

 
1,157

Balance, end of period
666,493

 
664,796

Treasury stock:
 
 
 
Balance, beginning of period
197,453

 
197,329

Purchases of treasury stock:
 
 
 
Open market
5,571

 
0

Other
163

 
270

Dispositions of treasury stock:
 
 
 
Shares issued to AFL Stock Plan
(1,080
)
 
(1,306
)
Exercise of stock options
(1,161
)
 
(94
)
Other
(163
)
 
(127
)
Balance, end of period
200,783

 
196,072

Shares outstanding, end of period
465,710

 
468,724

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table presents the approximate number of share-based awards to purchase shares, on a weighted-average basis, that were considered to be anti-dilutive and were excluded from the calculation of diluted earnings per share for the following periods.
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
(In thousands)
2013
 
2012
 
2013
 
2012
Anti-dilutive share-based awards
 
1,716

 
 
 
6,289

 
 
 
2,858

 
 
 
6,710

 
Schedule of Accumulated Other Comprehensive Income (Loss)
Changes in Accumulated Other Comprehensive Income
Three Months Ended
September 30, 2013
(In millions)
Unrealized Foreign
Currency Translation
Gains (Losses)
 
Unrealized
Gains (Losses)
on Investment Securities
 
Unrealized
Gains (Losses)
on Derivatives
 
Pension Liability Adjustment
 
Total
Balance, beginning of period
 
$
(453
)
 
 
 
$
(198
)
 
 
 
$
(11
)
 
 
 
$
(178
)
 
 
 
$
(840
)
 
Other comprehensive
income before
reclassification
 
14

 
 
 
402

 
 
 
3

 
 
 
(2
)
 
 
 
417

 
Amounts reclassified from
accumulated other
comprehensive income
 
21

 
 
 
(61
)
 
 
 
0

 
 
 
2

 
 
 
(38
)
 
Net current-period other
comprehensive
income
 
35

 
 
 
341

 
 
 
3

 
 
 
0

 
 
 
379

 
Balance, end of period
 
$
(418
)
 
 
 
$
143

 
 
 
$
(8
)
 
 
 
$
(178
)
 
 
 
$
(461
)
 
All amounts in the table above are net of tax. Amounts in parentheses indicate debits.

Nine Months Ended
September 30, 2013
(In millions)
Unrealized Foreign
Currency Translation
Gains (Losses)
 
Unrealized
Gains (Losses)
on Investment Securities
 
Unrealized
Gains (Losses)
on Derivatives
 
Pension Liability Adjustment
 
Total
Balance, beginning of period
 
$
333

 
 
 
$
2,570

 
 
 
$
(5
)
 
 
 
$
(183
)
 
 
 
$
2,715

 
Other comprehensive
income before
reclassification
 
(756
)
 
 
 
(2,284
)
 
 
 
(3
)
 
 
 
(3
)
 
 
 
(3,046
)
 
Amounts reclassified from
accumulated other
comprehensive income
 
5

 
 
 
(143
)
 
 
 
0

 
 
 
8

 
 
 
(130
)
 
Net current-period other
comprehensive
income
 
(751
)
 
 
 
(2,427
)
 
 
 
(3
)
 
 
 
5

 
 
 
(3,176
)
 
Balance, end of period
 
$
(418
)
 
 
 
$
143

 
 
 
$
(8
)
 
 
 
$
(178
)
 
 
 
$
(461
)
 
All amounts in the table above are net of tax. Amounts in parentheses indicate debits.

Reclassification Out Of Accumulated Other Comprehensive Income [Table Text Block]


Reclassifications Out of Accumulated Other Comprehensive Income

(In millions)
Three Months Ended
September 30, 2013
 
Details about Accumulated Other Comprehensive Income Components
Amount Reclassified from Accumulated Other Comprehensive Income(1)
Affected Line Item in the
Statements of Earnings
Unrealized foreign currency translation gains
(losses)
 
$
(32
)
 
Sales and redemptions
 
 
11

 
Tax (expense) or benefit(2)
 
 
$
(21
)
 
Net of tax
Unrealized gains (losses) on available-for-sale
securities
 
$
104

 
Sales and redemptions
 
 
(10
)
 
Other-than-temporary impairment
losses realized
 
 
94

 
Total before tax
 
 
(33
)
 
Tax (expense) or benefit(2)
 
 
$
61

 
Net of tax
Amortization of defined benefit pension items:
 
 
 
 
       Actuarial gains (losses)
 
$
(4
)
 
Acquisition and operating expenses(3)
 
 
2

 
Tax (expense) or benefit(2)
 
 
$
(2
)
 
Net of tax
Total reclassifications for the period
 
$
38

 
Net of tax
(1)Amounts in parentheses indicate debits.
(2) Based on 35% tax rate
(3) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see
Note 10 for additional details).

(In millions)
Nine Months Ended
September 30, 2013
 
Details about Accumulated Other Comprehensive Income Components
Amount Reclassified from Accumulated Other Comprehensive Income(1)
Affected Line Item in the
Statements of Earnings
Unrealized foreign currency translation gains
(losses)
 
$
(8
)
 
Sales and redemptions
 
 
3

 
Tax (expense) or benefit(2)
 
 
$
(5
)
 
Net of tax
Unrealized gains (losses) on available-for-sale
securities
 
$
285

 
Sales and redemptions
 
 
(65
)
 
Other-than-temporary impairment
losses realized
 
 
220

 
Total before tax
 
 
(77
)
 
Tax (expense) or benefit(2)
 
 
$
143

 
Net of tax
Amortization of defined benefit pension items:
 
 
 
 
       Actuarial gains (losses)
 
$
(13
)
 
Acquisition and operating expenses(3)
 
 
5

 
Tax (expense) or benefit(2)
 
 
$
(8
)
 
Net of tax
Total reclassifications for the period
 
$
130

 
Net of tax
(1)Amounts in parentheses indicate debits.
(2) Based on 35% tax rate
(3) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see
Note 10 for additional details).