DEFERRED POLICY ACQUISITION COSTS AND INSURANCE EXPENSES (Tables)

12 Months Ended

Dec. 31, 2022

Deferred Policy Acquisition Costs Disclosures [Abstract]

Schedule of Deferred Policy Acquisition Costs

The following table presents a rollforward of deferred policy acquisition costs by segment for the years ended December 31.

	2022						2021
(In millions)	Japan			U.S.			Japan			U.S.
Deferred policy acquisition costs:
Balance, beginning of year		$	6,233		$	3,292		$	6,991		$	3,450
Capitalization		498			556			593			470
Amortization		(547)			(605)			(653)			(517)
Foreign currency translation and other		(829)			(5)			(698)			(111)
Balance, end of year		$	5,355		$	3,238		$	6,233		$	3,292

Advertising Expense

Advertising expense, which is included in insurance expenses in the consolidated statements of earnings, was as follows for the years ended December 31:

(In millions)	2022			2021			2020
Advertising expense:
Aflac Japan		$	77		$	91		$	72
Aflac U.S.		127			138			112
Total advertising expense		$	204		$	229		$	184

Schedule Of Depreciation And Amortization Expense

Depreciation and other amortization expenses, which are included in insurance expenses in the consolidated statements of earnings, were as follows for the years ended December 31:

(In millions)	2022			2021			2020
Depreciation expense		$	40		$	39		$	36
Other amortization expense		5			6			5
Total depreciation and other amortization expense		$	45		$	45		$	41