DEFERRED POLICY ACQUISITION COSTS AND INSURANCE EXPENSES (Tables)

12 Months Ended

Dec. 31, 2011

Schedule of Deferred Policy Acquisition Costs

The following table presents a rollforward of deferred policy acquisition costs by segment for the years ended December 31.

	2011						2010
(In millions)	Japan			U.S.			Japan			U.S.
Deferred policy acquisition costs:
Balance, beginning of year	$	6,964		$	2,770		$	5,846		$	2,687
Capitalization		1,109			567			929			516
Amortization		(686	)		(416	)		(597	)		(433	)
Foreign currency translation and other		346			0			786			0
Balance, end of year	$	7,733		$	2,921		$	6,964		$	2,770

Advertising Expense

Advertising expense, which is included in insurance expenses in the consolidated statements of earnings, was as follows for the years ended December 31:

(In millions)	2011		2010		2009
Advertising expense:
Aflac Japan	$	128	$	112	$	106
Aflac U.S.		130		116		107
Total advertising expense	$	258	$	228	$	213

Schedule Of Depreciation And Amortization Expense

Depreciation and other amortization expenses, which are included in insurance expenses in the consolidated statements of earnings, were as follows for the years ended December 31:

(In millions)	2011		2010		2009
Depreciation expense	$	59	$	60	$	60
Other amortization expense		5		22		21
Total depreciation and other amortization expense(1)	$	64	$	82	$	81

⁽¹⁾ Aflac Japan accounted for $51 in 2011, $48 in 2010 and $46 in 2009.

Schedule of Lease Expenses

Lease and rental expense, which are included in insurance expenses in the consolidated statements of earnings, were as follows for the years ended December 31:

(In millions)	2011		2010		2009
Lease and rental expense:
Aflac Japan	$	73	$	68	$	72
Aflac U.S.		8		8		8
Other		1		1		1
Total lease and rental expense	$	82	$	77	$	81