EX-11 2 dex11.htm STATEMENT REGARDING THE COMPUTATION OF PER-SHARE EARNINGS Statement regarding the computation of per-share earnings

Aflac Incorporated 2nd Quarter 2010 Form 10-Q

EXHIBIT 11

Aflac Incorporated and Subsidiaries

Computation of Earnings Per Share

 

                     Three Months Ended 
             June 30,		            Six Months Ended
           June 30,
      2010    2009    2010    2009

Numerator (In millions):

            

Basic and diluted: net earnings applicable to common stock

    $ 581    $ 314    $ 1,217    $ 882
 
           

Denominator (In thousands):

            

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

      468,824      466,401      468,377      466,249

Dilutive effect of share-based awards

      3,715      1,884      4,120      1,460
 

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

      472,539      468,285      472,497      467,709
 
           

Earnings per share:

            

Basic

    $ 1.24    $ .67    $ 2.60    $ 1.89

Diluted

      1.23      .67      2.58      1.89
 

 

EXH 11-1