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SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2014
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 years ended December 31.
(In thousands of shares)
2014
 
2013
 
2012
Common stock - issued:
 
 
 
 
 
Balance, beginning of period
667,046
 
665,239
 
663,639
Exercise of stock options and issuance of restricted shares
1,086
 
1,807
 
1,600
Balance, end of period
668,132
 
667,046
 
665,239
Treasury stock:
 
 
 
 
 
Balance, beginning of period
207,633
 
197,453
 
197,329
Purchases of treasury stock:
 
 
 
 
 
Open market
19,660
 
13,212
 
1,948
Other
157
 
222
 
360
Dispositions of treasury stock:
 
 
 
 
 
Shares issued to AFL Stock Plan
(1,251)
 
(1,365)
 
(1,670)
Exercise of stock options
(391)
 
(1,734)
 
(387)
Other
(121)
 
(155)
 
(127)
Balance, end of period
225,687
 
207,633
 
197,453
Shares outstanding, end of period
442,445
 
459,413
 
467,786
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 at December 31:
(In thousands)
2014
 
2013
 
2012
Anti-dilutive share-based awards
 
1,215

 
 
 
2,198

 
 
 
5,880

 
Schedule of Weighted Average Number of Shares
The weighted-average shares used in calculating earnings per share for the years ended December 31 were as follows: 
(In thousands of shares)
2014
 
2013
 
2012
Weighted-average outstanding shares used for calculating basic EPS
451,204

 
464,502

 
466,868

Dilutive effect of share-based awards
2,796

 
2,906

 
2,419

Weighted-average outstanding shares used for calculating diluted EPS
454,000

 
467,408

 
469,287

Changes in Accumulated Other Comprehensive Income (Detail)
The table below is a reconciliation of accumulated other comprehensive income by component for the years ended December 31.
Changes in Accumulated Other Comprehensive Income
2014
(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
 
$
(1,505
)
 
 
 
$
1,035

 
 
 
$
(12
)
 
 
 
$
(81
)
 
 
 
$
(563
)
 
Other comprehensive
income before
reclassification
 
(1,036
)
 
 
 
3,672

 
 
 
(14
)
 
 
 
(44
)
 
 
 
2,578

 
Amounts reclassified from
accumulated other
comprehensive income
 
0

 
 
 
(35
)
 
 
 
0

 
 
 
(1
)
 
 
 
(36
)
 
Net current-period other
comprehensive
income
 
(1,036
)
 
 
 
3,637

 
 
 
(14
)
 
 
 
(45
)
 
 
 
2,542

 
Balance, end of period
 
$
(2,541
)
 
 
 
$
4,672

 
 
 
$
(26
)
 
 
 
$
(126
)
 
 
 
$
1,979

 
All amounts in the table above are net of tax.
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
 
(1,833
)
 
 
 
(1,499
)
 
 
 
(7
)
 
 
 
92

 
 
 
(3,247
)
 
Amounts reclassified from
   accumulated other
   comprehensive income
 
(5
)
 
 
 
(36
)
 
 
 
0

 
 
 
10

 
 
 
(31
)
 
Net current-period other
   comprehensive
   income
 
(1,838
)
 
 
 
(1,535
)
 
 
 
(7
)
 
 
 
102

 
 
 
(3,278
)
 
Balance, end of period
 
$
(1,505
)
 
 
 
$
1,035

 
 
 
$
(12
)
 
 
 
$
(81
)
 
 
 
$
(563
)
 
All amounts in the table above are net of tax.
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
The table below summarizes the amounts reclassified from each component of accumulated other comprehensive income based on source for the years ended December 31.

Reclassifications Out of Accumulated Other Comprehensive Income
(In millions)
2014
 
Details about Accumulated Other Comprehensive Income Components
Amount Reclassified from Accumulated Other Comprehensive Income
Affected Line Item in the
Statements of Earnings
Unrealized gains (losses) on available-for-sale
securities
 
$
57

 
Sales and redemptions
 
 
(3
)
 
Other-than-temporary impairment
losses realized
 
 
54

 
Total before tax
 
 
(19
)
 
Tax (expense) or benefit(1)
 
 
$
35

 
Net of tax
Amortization of defined benefit pension items:
 
 
 
 
       Actuarial gains (losses)
 
$
(15
)
 
Acquisition and operating expenses(2)
Prior service (cost) credit
 
17

 
Acquisition and operating expenses(2)
 
 
(1
)
 
Tax (expense) or benefit(1)
 
 
$
1

 
Net of tax
Total reclassifications for the period
 
$
36

 
Net of tax

(1) Based on 35% tax rate
(2) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see
Note 14 for additional details).
 
(In millions)
2013
 
Details about Accumulated Other Comprehensive Income Components
Amount Reclassified from Accumulated Other Comprehensive Income
Affected Line Item in the
Statements of Earnings
Unrealized foreign currency translation gains
(losses)
 
$
7

 
Sales and redemptions
 
 
(2
)
 
Tax (expense) or benefit(1)
 
 
$
5

 
Net of tax
Unrealized gains (losses) on available-for-sale
securities
 
$
255

 
Sales and redemptions
 
 
(199
)
 
Other-than-temporary impairment
losses realized
 
 
56

 
Total before tax
 
 
(20
)
 
Tax (expense) or benefit(1)
 
 
$
36

 
Net of tax
Amortization of defined benefit pension items:
 
 
 
 
       Actuarial gains (losses)
 
$
(19
)
 
Acquisition and operating expenses(2)
Prior service (cost) credit
 
4

 
Acquisition and operating expenses(2)
 
 
5

 
Tax (expense) or benefit(1)
 
 
$
(10
)
 
Net of tax
Total reclassifications for the period
 
$
31

 
Net of tax
(1) Based on 35% tax rate
(2) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see
Note 14 for additional details).