EX-11 3 dex11.htm STATEMENT REGARDING THE COMPUTATION OF PER-SHARE EARNINGS STATEMENT REGARDING THE COMPUTATION OF PER-SHARE EARNINGS

Aflac Incorporated 1st Quarter 2010 Form 10-Q

EXHIBIT 11

Aflac Incorporated and Subsidiaries

Computation of Earnings Per Share

Three Months Ended March 31,

 

           2010          2009    

Numerator (In millions):

           

Basic and diluted: net earnings applicable to common stock

      $ 636       $ 569    
 

Denominator (In thousands):

           

Weighted-average outstanding shares used in the computation of earnings per share - basic

            467,926             466,097    

Dilutive effect of share-based awards

          4,524           1,035    

Weighted-average outstanding shares used in the computation of earnings per share - diluted

        472,450         467,132    
 

Earnings per share:

           

Basic

      $ 1.36       $ 1.22    

Diluted

        1.35         1.22    
 

 

EXH 11-1