EX-11 3 dex11.htm STATEMENT REGARDING THE COMPUTATION OF PER-SHARE EARNINGS Statement regarding the computation of per-share earnings

 

Aflac Incorporated 3rd Quarter 2010 Form 10-Q

EXHIBIT 11

Aflac Incorporated and Subsidiaries

Computation of Earnings Per Share

 

                  Three Months Ended
         September 30,		              Nine Months Ended
         September 30,		  
        2010        2009        2010      2009  

Numerator (In millions):

                  

Basic and diluted: net earnings applicable to common stock

      $ 690         $ 363         $ 1,907       $ 1,245   
   
                 

Denominator (In thousands):

                  

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

        469,868           466,586           468,880         466,362   

Dilutive effect of share-based awards

        3,701           3,128           3,979         2,016   
   

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

        473,569           469,714           472,859         468,378   
   
                 

Earnings per share:

                  

Basic

      $ 1.47         $ .78         $ 4.07       $ 2.67   

Diluted

        1.46           .77           4.03         2.66   
   

 

EXH 11-1