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BUSINESS SEGMENT INFORMATION - Operations by Segment - Revenues (Details)
$ in Millions
3 Months Ended
Mar. 31, 2021
USD ($)
segment
Mar. 31, 2020
USD ($)
Segment Reporting, Revenue Reconciling Item [Line Items]    
Number of reportable insurance business segments | segment 2  
Net earned premiums $ 4,593 $ 4,681
Total adjusted revenues 5,552 5,594
Net investment gains (losses) [1],[2],[3] 317 (432)
Total revenues 5,869 5,162
Aflac Japan    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Net earned premiums 3,123 3,150
Adjusted net investment income [1],[3] 705 642
Other income 13 11
Total adjusted revenues 3,841 3,803
Hedge costs 19 55
Net interest cash flows from derivatives (8) (6)
Aflac U.S.    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Net earned premiums 1,422 1,483
Adjusted net investment income 176 177
Other income 30 27
Total adjusted revenues 1,628 1,687
Corporate and other    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Total adjusted revenues [2] 83 104
Hedge income $ 17 $ 29
[1] Amortized hedge costs of $19 and $55 for the three-month periods ended March 31, 2021, and 2020, respectively, related to certain foreign currency exposure management strategies have been reclassified from net investment gains (losses) and reported as a deduction from net investment income when analyzing operations.
[2] Amortized hedge income of $17 and $29 for the three-month periods ended March 31, 2021, and 2020, respectively, related to certain foreign currency exposure management strategies has been reclassified from net investment gains (losses) and reported as an increase to net investment income when analyzing operations.
[3] Net interest cash flows from derivatives associated with certain investment strategies of $(8) and $(6) for the three-month periods ended March 31, 2021 and 2020, respectively, have been reclassified from net investment gains (losses) and included in adjusted earnings as a component of net investment income when analyzing operations.