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BUSINESS SEGMENT INFORMATION (Tables) | 9 Months Ended
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Sep. 30, 2016
Segment Reporting [Abstract] |
Reconciliation of Revenue from Segments to Consolidated |
| Three Months Ended September 30, |  | Nine Months Ended September 30, |
(In millions) | 2016 |  | 2015 |  | 2016 |  | 2015 |
Revenues: |  |  |  |  |  |  |  |
Aflac Japan: |  |  |  |  |  |  |  |
Net earned premiums | $ | 3,596 |  |  | $ | 2,980 |  |  | $ | 10,177 |  |  | $ | 9,036 |  |
Net investment income | 661 |  |  | 606 |  |  | 1,925 |  |  | 1,824 |  |
Other income | 11 |  |  | 8 |  |  | 29 |  |  | 23 |  |
Total Aflac Japan | 4,268 |  |  | 3,594 |  |  | 12,131 |  |  | 10,883 |  |
Aflac U.S.: |  |  |  |  |  |  |  |
Net earned premiums | 1,365 |  |  | 1,345 |  |  | 4,093 |  |  | 4,016 |  |
Net investment income | 176 |  |  | 173 |  |  | 526 |  |  | 507 |  |
Other income | 1 |  |  | 2 |  |  | 5 |  |  | 6 |  |
Total Aflac U.S. | 1,542 |  |  | 1,520 |  |  | 4,624 |  |  | 4,529 |  |
Other business segments | 70 |  |  | 67 |  |  | 206 |  |  | 159 |  |
Total business segment revenues | 5,880 |  |  | 5,181 |  |  | 16,961 |  |  | 15,571 |  |
Realized investment gains (losses) (1) | (166 | ) |  | (136 | ) |  | (324 | ) |  | (36 | ) |
Corporate | 72 |  |  | 73 |  |  | 209 |  |  | 242 |  |
Intercompany eliminations | (52 | ) |  | (51 | ) |  | (145 | ) |  | (185 | ) |
Other non-operating income (loss) | (18 | ) |  | (27 | ) | (2) | (97 | ) |  | (39 | ) | (2)
Total revenues | $ | 5,716 |  |  | $ | 5,040 |  |  | $ | 16,604 |  |  | $ | 15,553 |  |
(1) Excluding a gain of $20 and $22 for the three-month periods and $64 and $62 for the nine-month periods ended September 30, 2016, and 2015, respectively, related to the interest rate component of the change in fair value of foreign currency swaps on notes payable which is classified as an operating gain when analyzing segment operations (2) Includes a loss of $14 for the three- and nine-month periods ended September 30, 2015, related to the change in value of yen repatriation received in advance of settlement of certain foreign currency derivatives. This loss was offset by derivative gains included in realized investment gains (losses).
Reconciliation of Operating Profit (Loss) from Segments to Consolidated |
| Three Months Ended September 30, |  | Nine Months Ended September 30, |
(In millions) | 2016 |  | 2015 |  | 2016 |  | 2015 |
Pretax earnings: |  |  |  |  |  |  |  |
Aflac Japan | $ | 882 |  |  | $ | 789 |  |  | $ | 2,559 |  |  | $ | 2,365 |  |
Aflac U.S. | 323 |  |  | 286 |  |  | 946 |  |  | 864 |  |
Other business segments | 4 |  |  | 5 |  |  | 12 |  |  | 10 |  |
Total business segment pretax operating earnings | 1,209 |  |  | 1,080 |  |  | 3,517 |  |  | 3,239 |  |
Interest expense, noninsurance operations | (31 | ) |  | (30 | ) |  | (90 | ) |  | (117 | ) |
Corporate and eliminations | (31 | ) |  | (23 | ) |  | (91 | ) |  | (64 | ) |
Pretax operating earnings | 1,147 |  |  | 1,027 |  |  | 3,336 |  |  | 3,058 |  |
Realized investment gains (losses) (1) | (166 | ) |  | (136 | ) |  | (324 | ) |  | (36 | ) |
Other non-operating income (loss) | (18 | ) |  | (27 | ) | (2) | (98 | ) |  | (270 | ) | (2),(3)
Total earnings before income taxes | $ | 963 |  |  | $ | 864 |  |  | $ | 2,914 |  |  | $ | 2,752 |  |
Income taxes applicable to pretax operating earnings | $ | 399 |  |  | $ | 355 |  |  | $ | 1,154 |  |  | $ | 1,057 |  |
Effect of foreign currency translation on after-tax operating earnings | 61 |  |  | (58 | ) |  | 110 |  |  | (175 | ) |
(1) Excluding a gain of $20 and $22 for the three-month periods and $64 and $62 for the nine-month periods ended September 30, 2016, and 2015, respectively, related to the interest rate component of the change in fair value of foreign currency swaps on notes payable which is classified as an operating gain when analyzing segment operations (2) Includes a loss of $14 for the three- and nine-month periods ended September 30, 2015, related to the change in value of yen repatriation received in advance of settlement of certain foreign currency derivatives. This loss was offset by derivative gains included in realized investment gains (losses). (3) Includes a cash outflow of $230 for the make-whole payment associated with the early extinguishment of debt
Reconciliation of Assets from Segment to Consolidated | Assets were as follows:
(In millions) | September 30, 2016 |  | December 31, 2015
Assets: |  |  |  |  |  |  |
Aflac Japan |  | $ | 121,677 |  |  |  |  | $ | 97,646 |  |
Aflac U.S. |  | 20,126 |  |  |  |  | 18,537 |  |
Other business segments |  | 270 |  |  |  |  | 188 |  |
Total business segment assets |  | 142,073 |  |  |  |  | 116,371 |  |
Corporate |  | 29,617 |  |  |  |  | 23,375 |  |
Intercompany eliminations |  | (27,589 | ) |  |  |  | (21,490 | ) |
Total assets |  | $ | 144,101 |  |  |  |  | $ | 118,256 |  |
Prior-year amounts have been adjusted for the adoption of accounting guidance on January 1, 2016 related to debt issuance costs.

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