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BUSINESS SEGMENT INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated Information regarding operations by reportable segment and Corporate and other, follows:
  
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
(In millions)
2019
 
2018
 
2019
 
2018
 
Revenues:
 
 
 
 
 
 
 
 
Aflac Japan:
 
 
 
 
 
 
 
 
   Net earned premiums
$
3,241

 
$
3,159

 
$
9,593

 
$
9,649

 
   Net investment income, less amortized hedge costs (1),(2)
659

 
606

 
1,878

 
1,801

 
   Other income
12

 
10

 
34

 
31

 
               Total Aflac Japan
3,912

 
3,775

 
11,505

 
11,481

 
Aflac U.S.:
 
 
 
 
 
 
 
 
   Net earned premiums
1,445

 
1,426

 
4,365

 
4,280

 
   Net investment income
183

 
187

 
540

 
544

 
   Other income
2

 
3

 
6

 
7

 
           Total Aflac U.S.
1,630

 
1,616

 
4,911

 
4,831

 
Corporate and other (3)
97

 
82

 
287

 
245

 
           Total adjusted revenues
5,639

 
5,473

 
16,703

 
16,557

 
Realized investment gains (losses) (1),(2),(3)
(103
)
 
104

 
1

 
75

 
           Total revenues
$
5,536

 
$
5,577

 
$
16,704

 
$
16,632

 
(1) Amortized hedge costs of $66 and $59 for the three-month periods and $191 and $168 for the nine-month periods ended September 30, 2019, and 2018, respectively, related to certain foreign currency exposure management strategies have been reclassified from realized investment gains (losses) and reported as a deduction from net investment income when analyzing operations.
(2) Net interest cash flows from derivatives associated with certain investment strategies of $(4) for the three-month period and $(18) for the nine-month period ended September 30, 2019 and an immaterial amount for the three- and nine-month periods in 2018, respectively, have been reclassified from realized investment gains (losses) and included in adjusted earnings as a component of net investment income.
(3) Amortized hedge income of $21 and $9 for the three-month periods and $61 and $18 for the nine-month periods ended September 30, 2019, and 2018, respectively, related to certain foreign currency exposure management strategies has been reclassified from realized investment gains (losses) and reported as an increase to net investment income when analyzing operations.
Reconciliation of Adjusted Profit (Loss) from Segments to Consolidated
  
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
(In millions)
2019
 
2018
 
2019
 
2018
 
Pretax earnings:
 
 
 
 
 
 
 
 
Aflac Japan (1),(2)
$
838

 
$
756

 
$
2,504

 
$
2,411

 
Aflac U.S.
335

 
334

 
996

 
1,011

 
Corporate and other (3),(4)
(17
)
 
(29
)
 
(62
)
 
(113
)
 
    Pretax adjusted earnings
1,156

 
1,061

 
3,438

 
3,309

 
Realized investment gains (losses) (1),(2),(3),(4)
(120
)
 
88

 
(49
)
 
25

 
Other income (loss)
0

 
(3
)
 
(1
)
 
(73
)
 
    Total earnings before income taxes
$
1,036

 
$
1,146

 
$
3,388

 
$
3,261

 
Income taxes applicable to pretax adjusted earnings
$
293

 
$
270

 
$
880

 
$
862

 
Effect of foreign currency translation on after-tax
adjusted earnings
15

 
(1
)
 
2

 
27

 

(1) Amortized hedge costs of $66 and $59 for the three-month periods and $191 and $168 for the nine-month periods ended September 30, 2019, and 2018, respectively, related to certain foreign currency management strategies have been reclassified from realized investment gains (losses) and reported as a deduction from pretax adjusted earnings when analyzing operations.
(2) Net interest cash flows from derivatives associated with certain investment strategies of $(4) for the three-month period and $(18) for the nine-month period ended September 30, 2019 and an immaterial amount for the three- and nine-month periods in 2018, respectively, have been reclassified from realized investment gains (losses) and included in adjusted earnings as a component of net investment income.
(3) Amortized hedge income of $21 and $9 for the three-month periods and $61 and $18 for the nine-month periods ended September 30, 2019, and 2018, respectively, related to certain foreign currency management strategies has been reclassified from realized investment gains (losses) and reported as an increase in pretax adjusted earnings when analyzing operations.
(4) A gain of $16 and $17 for the three-month periods ended September 30, 2019, and 2018, respectively and $50 for both nine-month periods ended September 30, 2019, and 2018, related to the interest rate component of the change in fair value of foreign currency swaps on notes payable have been reclassified from realized investment gains (losses) and included in adjusted earnings when analyzing operations.
Reconciliation of Assets from Segment to Consolidated
Assets were as follows:
(In millions)
September 30,
2019
 
December 31,
2018
Assets:
 
 
 
 
 
 
 
Aflac Japan
 
$
129,178

 
 
 
$
118,342

 
Aflac U.S.
 
21,247

 
 
 
19,100

 
Corporate and other
 
3,712

 
 
 
2,964

 
    Total assets
 
$
154,137

 
 
 
$
140,406