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BUSINESS SEGMENT AND FOREIGN INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated
Information regarding operations by segment for the years ended December 31 follows:
(In millions)
2013
 
2012
 
2011
Revenues:
 
 
 
 
 
 
 
 
 
 
 
Aflac Japan:
 
 
 
 
 
 
 
 
 
 
 
   Net earned premiums:
 
 
 
 
 
 
 
 
 
 
 
             Cancer
 
$
6,123

 
 
 
$
7,537

 
 
 
$
7,541

 
             Medical and other health
 
4,282

 
 
 
5,244

 
 
 
5,158

 
             Life insurance
 
4,577

 
 
 
4,370

 
 
 
2,920

 
   Net investment income
 
2,651

 
 
 
2,845

 
 
 
2,688

 
   Other income
 
55

 
 
 
57

 
 
 
46

 
               Total Aflac Japan
 
17,688

 
 
 
20,053

 
 
 
18,353

 
Aflac U.S.:
 
 
 
 
 
 
 
 
 
 
 
   Earned premiums:
 
 
 
 
 
 
 
 
 
 
 
             Accident/disability
 
2,284

 
 
 
2,213

 
 
 
2,194

 
             Cancer
 
1,283

 
 
 
1,282

 
 
 
1,258

 
             Other health
 
1,334

 
 
 
1,259

 
 
 
1,061

 
             Life insurance
 
252

 
 
 
242

 
 
 
230

 
   Net investment income
 
632

 
 
 
613

 
 
 
588

 
   Other income
 
6

 
 
 
19

 
 
 
10

 
               Total Aflac U.S.
 
5,791

 
 
 
5,628

 
 
 
5,341

 
Other business segments
 
49

 
 
 
46

 
 
 
54

 
               Total business segment revenues
 
23,528

 
 
 
25,727

 
 
 
23,748

 
Realized investment gains (losses)
 
389

(1) 
 
 
(349
)
 
 
 
(1,552
)
 
Corporate
 
302

 
 
 
262

 
 
 
241

 
Intercompany eliminations
 
(308
)
 
 
 
(276
)
 
 
 
(266
)
 
Other non-operating income (loss)
 
28

 
 
 
0

 
 
 
0

 
         Total revenues
 
$
23,939

 
 
 
$
25,364

 
 
 
$
22,171

 

(1) Excluding a gain of $10 in 2013 related to the interest rate component of the change in fair value of foreign currency swaps on notes payable which is classified as an operating gain when analyzing segment operations
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
(In millions)
2013
 
2012
 
2011
Pretax earnings:
 
 
 
 
 
 
 
 
 
 
 
Aflac Japan
 
$
3,628

 
 
 
$
3,904

 
 
 
$
3,829

 
Aflac U.S.
 
1,038

 
 
 
997

 
 
 
904

 
Other business segments
 
(1
)
 
 
 
(3
)
 
 
 
1

 
    Total business segment pretax operating earnings
 
4,665

 
 
 
4,898

 
 
 
4,734

 
Interest expense, noninsurance operations
 
(198
)
 
 
 
(184
)
 
 
 
(168
)
 
Corporate and eliminations
 
(68
)
 
 
 
(56
)
 
 
 
(64
)
 
    Pretax operating earnings
 
4,399

 
 
 
4,658

 
 
 
4,502

 
Realized investment gains (losses)
 
389

(1) 
 
 
(349
)
 
 
 
(1,552
)
 
Other non-operating income (loss)
 
28

 
 
 
(7
)
 
 
 
0

 
    Total earnings before income taxes
 
$
4,816

 
 
 
$
4,302

 
 
 
$
2,950

 
Income taxes applicable to pretax operating earnings
 
$
1,512

 
 
 
$
1,561

 
 
 
$
1,556

 
Effect of foreign currency translation on operating earnings
 
(357
)
 
 
 
8

 
 
 
169

 

(1) Excluding a gain of $10 in 2013 related to the interest rate component of the change in fair value of foreign currency swaps on notes payable which is classified as an operating gain when analyzing segment operations
Amounts prior to 2012 have been adjusted for the adoption of accounting guidance on January 1, 2012 related to deferred policy acquisition costs.
Reconciliation of Assets from Segment to Consolidated
Assets as of December 31 were as follows:
(In millions)
2013
 
2012
 
2011
Assets:
 
 
 
 
 
 
 
 
 
 
 
Aflac Japan
 
$
102,973

 
 
 
$
113,678

 
 
 
$
101,692

 
Aflac U.S.
 
16,112

 
 
 
16,122

 
 
 
13,942

 
Other business segments
 
155

 
 
 
154

 
 
 
160

 
    Total business segment assets
 
119,240

 
 
 
129,954

 
 
 
115,794

 
Corporate
 
19,909

 
 
 
20,318

 
 
 
16,182

 
Intercompany eliminations
 
(17,842
)
 
 
 
(19,178
)
 
 
 
(15,739
)
 
    Total assets
 
$
121,307

 
 
 
$
131,094

 
 
 
$
116,237

 

Amounts prior to 2012 have been adjusted for the adoption of accounting guidance on January 1, 2012 related to deferred policy acquisition costs.
Foreign Currency Disclosure
Yen-Translation Effects: The following table shows the yen/dollar exchange rates used for or during the periods ended December 31. Exchange effects were calculated using the same yen/dollar exchange rate for the current year as for each respective prior year.
 
2013
 
2012
 
2011
Statements of Earnings:
 
 
 
 
 
 
 
 
 
 
 
Weighted-average yen/dollar exchange rate
 
97.54

 
 
 
79.81

 
 
 
79.75

 
Yen percent strengthening (weakening)
 
(18.2
)%
 
 
 
(.1
)%
 
 
 
10.0
%
 
Exchange effect on net earnings (in millions)
 
$
(312
)
 
 
 
$
38

 
 
 
$
160

 
Amounts prior to 2012 have been adjusted for the adoption of accounting guidance on January 1, 2012 related to deferred policy acquisition costs.

 
2013
 
2012
Balance Sheets:
 
 
 
 
 
 
 
Yen/dollar exchange rate at December 31
 
105.39

 
 
 
86.58

 
Yen percent strengthening (weakening)
 
(17.8
)%
 
 
 
(10.2
)%
 
Exchange effect on total assets (in millions)
 
$
(17,836
)
 
 
 
$
(10,861
)
 
Exchange effect on total liabilities (in millions)
 
(19,806
)
 
 
 
(11,441
)
 
Schedule of Intercompany Transfers of Funds
Information on transfers for each of the years ended December 31 is shown below. See Note 13 for information concerning restrictions on transfers from Aflac Japan.
(In millions)
2013
 
2012
 
2011
Management fees
 
$
37

 
 
 
$
30

 
 
 
$
28

 
Allocated expenses
 
74

 
 
 
58

 
 
 
43

 
Profit repatriation
 
771

 
 
 
422

 
 
 
143

 
Total transfers from Aflac Japan
 
$
882

 
 
 
$
510

 
 
 
$
214

 
Property, Plant and Equipment
Classes of property and equipment as of December 31 were as follows:
(In millions)
2013
 
2012
Property and equipment:
 
 
 
 
 
 
 
Land
 
$
168

 
 
 
$
161

 
Buildings
 
444

 
 
 
535

 
Equipment and furniture
 
329

 
 
 
326

 
Total property and equipment
 
941

 
 
 
1,022

 
Less accumulated depreciation
 
460

 
 
 
458

 
Net property and equipment
 
$
481

 
 
 
$
564