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SCHEDULE III SUPPLEMENTARY INSURANCE INFORMATION
12 Months Ended
Dec. 31, 2023
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information [Abstract]  
SCHEDULE III SUPPLEMENTARY INSURANCE INFORMATION
SCHEDULE III
SUPPLEMENTARY INSURANCE INFORMATION
Aflac Incorporated and Subsidiaries
Years ended December 31,
(In millions)Deferred Policy
Acquisition
Costs
Future Policy
Benefits & Unpaid
Policy Claims
Unearned
Premiums
Other
Policyholders'
Funds
2023:
Aflac Japan$5,559 $73,641 $1,358 $6,169 
Aflac U.S.3,573 11,492 107 0 
All other0 3,967 12 0 
Intercompany eliminations0 (5,121)(26)0 
Total$9,132 $83,979 $1,451 $6,169 
2022:
Aflac Japan$5,776 $77,733 $1,716 $6,639 
Aflac U.S.3,463 11,070 113 
All other306 (4)
Intercompany eliminations(667)
Total$9,239 $88,442 $1,825 $6,643 
Prior-year amounts have been adjusted for the adoption of accounting guidance on January 1, 2023 related to accounting for long-duration insurance contracts.
Segment amounts may not agree in total to the corresponding consolidated amounts due to rounding.
Years Ended December 31,
(In millions)Net
Earned
Premiums
Net
Investment
Income
Total Benefits and
Claims, net
Amortization of
Deferred Policy
Acquisition Costs
Other
Operating
Expenses
Premiums
Written
2023:
Aflac Japan$8,047 $3,033 $5,313 $326 $1,790 $8,571 
Aflac U.S.5,675 854 2,431 490 2,201 5,666 
All other400 (77)467 0 421 0 
Total$14,123 $3,811 $8,211 $816 $4,412 $14,237 
2022:
Aflac Japan$9,186 $2,867 $6,191 $338 $2,080 $9,474 
Aflac U.S.5,570 759 2,555 455 2,117 5,469 
All other145 30 141 395 
Total$14,901 $3,656 $8,887 $792 $4,592 $14,943 
2021:
Aflac Japan$11,301 $3,139 $7,675 $393 $2,549 $11,600 
Aflac U.S.5,614 752 2,639 442 2,052 5,537 
All other180 (73)161 434 
Total$17,095 $3,818 $10,476 $835 $5,035 $17,137 
Prior-year amounts have been adjusted for the adoption of accounting guidance on January 1, 2023 related to accounting for long-duration insurance contracts.
Segment amounts may not agree in total to the corresponding consolidated amounts due to rounding.
See the accompanying Report of Independent Registered Public Accounting Firm.