BUSINESS SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Reconciliation of Revenue from Segments to Consolidated

	Three Months Ended March 31,
(In millions)	2016			2015
Revenues:
Aflac Japan:
Net earned premiums	$	3,179		$	3,078
Net investment income	622			613
Other income	8			8
Total Aflac Japan	3,809			3,699
Aflac U.S.:
Net earned premiums	1,367			1,339
Net investment income	174			166
Other income	3			3
Total Aflac U.S.	1,544			1,508
Other business segments	65			26
Total business segment revenues	5,418			5,233
Realized investment gains (losses) (1)	51			(4		)
Corporate	67			97
Intercompany eliminations	(42		)	(82		)
Other non-operating income (loss)	(43		)	(18		)
Total revenues	$	5,451		$	5,226

⁽¹⁾ Excluding a gain of $22 and $17 for the three-month periods ended March 31, 2016, and 2015, 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)	2016			2015
Pretax earnings:
Aflac Japan	$	838		$	819
Aflac U.S.	332			285
Other business segments	3			1
Total business segment pretax operating earnings	1,173			1,105
Interest expense, noninsurance operations	(29		)	(49		)
Corporate and eliminations	(35		)	(21		)
Pretax operating earnings	1,109			1,035
Realized investment gains (losses) (1)	51			(4		)
Other non-operating income (loss)	(43		)	(18		)
Total earnings before income taxes	$	1,117		$	1,013
Income taxes applicable to pretax operating earnings	$	383		$	357
Effect of foreign currency translation on operating earnings	13			(58		)

⁽¹⁾ Excluding a gain of $22 and $17 for the three-month periods ended March 31, 2016, and 2015, 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, 2016				December 31, 2015
Assets:
Aflac Japan		$	107,153			$	97,646
Aflac U.S.		19,413				18,537
Other business segments		216				188
Total business segment assets		126,782				116,371
Corporate		25,627				23,375
Intercompany eliminations		(24,643		)		(21,490		)
Total assets		$	127,766			$	118,256

Prior-year amounts have been adjusted for the adoption of accounting guidance on January 1, 2016 related to debt issuance costs.