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

Aflac Incorporated 2nd Quarter 2011 Form 10-Q

EXHIBIT 11

Aflac Incorporated and Subsidiaries

Computation of Earnings Per Share

 

     

Three Months Ended

June 30,

     

Six Months Ended

June 30,

  
      2011      2010      2011      2010  

Numerator (In millions):

            

Basic and diluted: net earnings applicable to common stock

    $ 280       $ 581       $ 674       $ 1,217   
                                     

Denominator (In thousands):

            

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

      466,498         468,824         467,317         468,377   

Dilutive effect of share-based awards

      3,254         3,715         3,673         4,120   

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

      469,752         472,539         470,990         472,497   
                                     

Earnings per share:

            

Basic

    $ .60       $ 1.24       $ 1.44       $ 2.60   

Diluted

      .60         1.23         1.43         2.58