BUSINESS SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

Reconciliation of Revenue from Segments to Consolidated

	Three Months Ended June 30,						Six Months Ended June 30,
(In millions)	2015			2014			2015			2014
Revenues:
Aflac Japan:
Net earned premiums	$	2,978		$	3,578		$	6,056		$	7,138
Net investment income	605			680			1,218			1,343
Other income	7			8			15			17
Total Aflac Japan	3,590			4,266			7,289			8,498
Aflac U.S.:
Net earned premiums	1,331			1,311			2,670			2,605
Net investment income	168			161			334			322
Other income	2			1			5			1
Total Aflac U.S.	1,501			1,473			3,009			2,928
Other business segments	65			10			91			20
Total business segment revenues	5,156			5,749			10,389			11,446
Realized investment gains (losses) (1)	104			92			100			36
Corporate	71			74			169			152
Intercompany eliminations	(50		)	(66		)	(133		)	(136		)
Other non-operating income (loss)	6			(11		)	(12		)	(20		)
Total revenues	$	5,287		$	5,838		$	10,513		$	11,478

⁽¹⁾ Excluding a gain of $23 and $10 for the three-month periods and $40 and $20 for the six-month periods ended June 30, 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 June 30,						Six Months Ended June 30,
(In millions)	2015			2014			2015			2014
Pretax earnings:
Aflac Japan	$	757		$	927		$	1,576		$	1,860
Aflac U.S.	293			300			578			603
Other business segments	3			0			4			0
Total business segment pretax operating earnings	1,053			1,227			2,158			2,463
Interest expense, noninsurance operations	(38		)	(51		)	(87		)	(101		)
Corporate and eliminations	(20		)	(19		)	(41		)	(36		)
Pretax operating earnings	995			1,157			2,030			2,326
Realized investment gains (losses) (1)	104			92			100			36
Other non-operating income (loss)	(225		)	(11		)	(243		)	(20		)
Total earnings before income taxes	$	874		$	1,238		$	1,887		$	2,342
Income taxes applicable to pretax operating earnings	$	344		$	400		$	701		$	795
Effect of foreign currency translation on operating earnings	(59		)	(13		)	(117		)	(61		)

⁽¹⁾ Excluding a gain of $23 and $10 for the three-month periods and $40 and $20 for the six-month periods ended June 30, 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)	June 30, 2015				December 31, 2014
Assets:
Aflac Japan		$	95,739			$	98,525
Aflac U.S.		17,951				18,383
Other business segments		157				128
Total business segment assets		113,847				117,036
Corporate		23,307				24,636
Intercompany eliminations		(21,573		)		(21,905		)
Total assets		$	115,581			$	119,767