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SHAREHOLDERS' EQUITY
 12 Months Ended
Dec. 31, 2021
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY SHAREHOLDERS' EQUITYThe following table is a reconciliation of the number of shares of the Company's common stock for the years ended December 31.
(In thousands of shares)202120202019
Common stock - issued:
Balance, beginning of period1,351,0181,349,3091,347,540
Exercise of stock options and issuance of restricted shares1,7211,7091,769
Balance, end of period1,352,7391,351,0181,349,309
Treasury stock:
Balance, beginning of period658,564622,516592,254
Purchases of treasury stock:
Share repurchase program43,32737,89931,994
Other437542592
Dispositions of treasury stock:
Shares issued to AFL Stock Plan(1,216)(2,021)(1,610)
Exercise of stock options(275)(121)(418)
Other(230)(251)(296)
Balance, end of period700,607658,564622,516
Shares outstanding, end of period652,132692,454726,793

Outstanding share-based awards are excluded from the calculation of weighted-average shares used in the computation of basic EPS. The following table presents the approximate number of share-based awards to purchase shares, on a weighted-average basis, that were considered to be anti-dilutive and were excluded from the calculation of diluted EPS at December 31:
(In thousands)202120202019
Anti-dilutive share-based awards0 687 6 

The weighted-average shares used in calculating EPS for the years ended December 31 were as follows: 
(In thousands of shares)202120202019
Weighted-average outstanding shares used for calculating basic EPS673,617 713,702 742,414 
Dilutive effect of share-based awards3,112 2,490 4,016 
Weighted-average outstanding shares used for calculating diluted EPS676,729 716,192 746,430 

Share Repurchase Program: During 2021, the Company repurchased 43.3 million shares of its common stock in the open market for $2.3 billion. The Company repurchased 37.9 million shares for $1.5 billion in 2020 and 32.0 million shares for $1.6 billion in 2019. In August 2020, the Company's board of directors authorized the purchase of an additional 100 million shares of its common stock. As of December 31, 2021, a remaining balance of 55.8 million shares of the Company's common stock was available for purchase under share repurchase authorizations by its board of directors.

Voting Rights: In accordance with the Parent Company's articles of incorporation, shares of common stock are generally entitled to one vote per share until they have been held by the same beneficial owner for a continuous period of 48 months, at which time they become entitled to 10 votes per share.
Reclassifications from Accumulated Other Comprehensive Income
The tables below are reconciliations of accumulated other comprehensive income by component for the years ended December 31.
Changes in Accumulated Other Comprehensive Income
2021
(In millions)Unrealized Foreign
Currency Translation
Gains (Losses)		Unrealized
Gains (Losses)
on Fixed Maturity Securities		Unrealized
Gains (Losses)
on Derivatives		Pension
Liability
Adjustment		Total
Balance at December 31, 2020$(1,109)$10,361 $(34)$(284)$8,934 
Other comprehensive
   income (loss) before
   reclassification 		(904)(735)(1)90 (1,550)
Amounts reclassified from
   accumulated other
   comprehensive income
  (loss)		0 (24)5 28 9 
Net current-period other
   comprehensive
   income (loss)		(904)(759)4 118 (1,541)
Balance at December 31, 2021$(2,013)$9,602 $(30)$(166)$7,393 
All amounts in the table above are net of tax.
2020
(In millions)Unrealized Foreign
Currency Translation
Gains (Losses)		Unrealized
Gains (Losses)
on Fixed Maturity Securities		Unrealized
Gains (Losses)
on Derivatives		Pension Liability AdjustmentTotal
Balance at December 31, 2019$(1,623)$8,548 $(33)$(277)$6,615 
Cumulative effect of change
   in accounting principle -
   ASU 2019-04		0 848 0 0 848 
Balance at January 1, 2020$(1,623)$9,396 $(33)$(277)$7,463 
Other comprehensive
   income (loss) before
   reclassification		514 839 (1)(30)1,322 
Amounts reclassified from
   accumulated other
   comprehensive income
  (loss)		0 126 0 23 149 
Net current-period other
   comprehensive
   income (loss)		514 965 (1)(7)1,471 
Balance at December 31, 2020$(1,109)$10,361 $(34)$(284)$8,934 
All amounts in the table above are net of tax.
2019
(In millions)Unrealized Foreign
Currency Translation
Gains (Losses)		Unrealized
Gains (Losses)
on Fixed Maturity Securities		Unrealized
Gains (Losses)
on Derivatives		Pension Liability AdjustmentTotal
Balance at December 31, 2018$(1,847)$4,234 $(24)$(212)$2,151 
Other comprehensive
   income (loss) before
   reclassification		224 4,327 (9)(76)4,466 
Amounts reclassified from
   accumulated other
   comprehensive income
  (loss)		0 (13)0 11 (2)
Net current-period other
   comprehensive
   income (loss)		224 4,314 (9)(65)4,464 
Balance at December 31, 2019$(1,623)$8,548 $(33)$(277)$6,615 
All amounts in the table above are net of tax.
The tables below summarize the amounts reclassified from each component of accumulated other comprehensive income based on source for the years ended December 31.

Reclassifications Out of Accumulated Other Comprehensive Income
(In millions)2021
Details about Accumulated Other Comprehensive Income ComponentsAmount Reclassified from Accumulated Other Comprehensive IncomeAffected Line Item in the
Statements of Earnings
Unrealized gains (losses) on available-for-sale
   securities		$31 Net investment gains (losses)
(7)
Tax (expense) or benefit(1)
$24 Net of tax
Unrealized gains (losses) on derivatives$(5)Net investment gains (losses)
(1)Net investment income
(6)Total before tax
1 
Tax (expense) or benefit(1)
$(5)Net of tax
Amortization of defined benefit pension items:
       Actuarial gains (losses)$(35)
Acquisition and operating expenses(2)
Prior service (cost) credit0 
Acquisition and operating expenses(2)
7 
Tax (expense) or benefit(1)
$(28)Net of tax
Total reclassifications for the period$(9)Net of tax
(1) Based on 21% tax rate
(2) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 14 for additional details).
(In millions)2020
Details about Accumulated Other Comprehensive Income ComponentsAmount Reclassified from Accumulated Other Comprehensive IncomeAffected Line Item in the
Statements of Earnings
Unrealized gains (losses) on available-for-sale
   securities		$(159)Net investment gains (losses)
33 
Tax (expense) or benefit(1)
$(126)Net of tax
Amortization of defined benefit pension items:
       Actuarial gains (losses)$(32)
Acquisition and operating expenses(2)
Prior service (cost) credit3 
Acquisition and operating expenses(2)
6 
Tax (expense) or benefit(1)
$(23)Net of tax
Total reclassifications for the period$(149)Net of tax
(1) Based on 21% tax rate
(2) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 14 for additional details).

(In millions)2019
Details about Accumulated Other Comprehensive Income ComponentsAmount Reclassified from Accumulated Other Comprehensive IncomeAffected Line Item in the
Statements of Earnings
Unrealized gains (losses) on available-for-sale
   securities		$18 Net investment gains (losses)
(5)
Tax (expense) or benefit(1)
$13 Net of tax
Amortization of defined benefit pension items:
       Actuarial gains (losses)$(15)
Acquisition and operating expenses(2)
       Prior service (cost) credit0 
Acquisition and operating expenses(2)
4 
Tax (expense) or benefit(1)
$(11)Net of tax
Total reclassifications for the period$2 Net of tax
(1) Based on 26% blended tax rate
(2) These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 14 for additional details).