BUSINESS SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Reconciliation of Revenue from Segments to Consolidated

	Three Months Ended March 31,
(In millions)	2015				2014
Revenues:
Aflac Japan:
Net earned premiums	$	3,078			$	3,560
Net investment income	613				663
Other income	8				8
Total Aflac Japan	3,699				4,231
Aflac U.S.:
Net earned premiums	1,339				1,294
Net investment income	166				161
Other income	3				0
Total Aflac U.S.	1,508				1,455
Other business segments	26				12
Total business segment revenues	5,233				5,698
Realized investment gains (losses)	(4		)	(1)	(56		)	(1)
Corporate	97				78
Intercompany eliminations	(82		)		(71		)
Other non-operating income (loss)	(18		)		(9		)
Total revenues	$	5,226			$	5,640

⁽¹⁾ Excluding a gain of $17 and $10 for the three-month periods ended March 31, 2015 and 2014, respectively, 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

	Three Months Ended March 31,
(In millions)	2015				2014
Pretax earnings:
Aflac Japan	$	819			$	933
Aflac U.S.	285				303
Other business segments	1				0
Total business segment pretax operating earnings	1,105				1,236
Interest expense, noninsurance operations	(49		)		(50		)
Corporate and eliminations	(21		)		(17		)
Pretax operating earnings	1,035				1,169
Realized investment gains (losses)	(4		)	(1)	(56		)	(1)
Other non-operating income (loss)	(18		)		(9		)
Total earnings before income taxes	$	1,013			$	1,104
Income taxes applicable to pretax operating earnings	$	357			$	395
Effect of foreign currency translation on operating earnings	(58		)		(48		)

⁽¹⁾ Excluding a gain of $17 and $10 for the three-month periods ended March 31, 2015 and 2014, respectively, 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 Assets from Segment to Consolidated

Assets were as follows:

(In millions)	March 31, 2015				December 31, 2014
Assets:
Aflac Japan		$	99,102			$	98,525
Aflac U.S.		18,770				18,383
Other business segments		144				128
Total business segment assets		118,016				117,036
Corporate		25,736				24,636
Intercompany eliminations		(22,351		)		(21,905		)
Total assets		$	121,401			$	119,767