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BUSINESS SEGMENT INFORMATION - Operations by Segment - Pretax Earnings (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Segment Reporting, Reconciling Item for Adjusted Profit (Loss) from Segment to Consolidated [Line Items]        
Other income (loss) $ 0 $ 35 $ (2) $ 35
Net investment gains (losses) 696 555 1,647 678
Earnings before income taxes 2,019 1,825 4,190 3,167
Income taxes applicable to pretax adjusted earnings 235 186 438 366
Effect of foreign currency translation on after-tax adjusted earnings (37) (25) (81) (66)
Remeasurement gain (loss), deferred profit liability for limited-payment contracts (2) (1) (5) (1)
Operating Segments        
Segment Reporting, Reconciling Item for Adjusted Profit (Loss) from Segment to Consolidated [Line Items]        
Pretax adjusted earnings 1,270 1,139 2,434 2,273
Segment Reconciling Items        
Segment Reporting, Reconciling Item for Adjusted Profit (Loss) from Segment to Consolidated [Line Items]        
Amortized hedge costs 7 63 13 122
Amortized hedge income (34) (38) (62) (67)
Net interest (income) expense from from derivatives associated with certain investment strategies 89 79 177 148
Impact of interest from derivatives associated with notes payable (9) (8) (17) (22)
Aflac Japan | Operating Segments        
Segment Reporting, Reconciling Item for Adjusted Profit (Loss) from Segment to Consolidated [Line Items]        
Pretax adjusted earnings [1] 864 822 1,674 1,610
Aflac U.S. | Operating Segments        
Segment Reporting, Reconciling Item for Adjusted Profit (Loss) from Segment to Consolidated [Line Items]        
Pretax adjusted earnings 383 369 739 721
Corporate and other        
Segment Reporting, Reconciling Item for Adjusted Profit (Loss) from Segment to Consolidated [Line Items]        
Change in value of federal historic rehabilitation and solar tax credit investments (30) (53) (62) (105)
Federal historic rehabilitation and solar tax credits, amount 31 56 64 108
Corporate and other | Operating Segments        
Segment Reporting, Reconciling Item for Adjusted Profit (Loss) from Segment to Consolidated [Line Items]        
Pretax adjusted earnings [2] $ 23 $ (52) $ 21 $ (58)
[1] Includes a gain (loss) of $(2) and $(1) for the three-month periods and $(5) and $(1) for the six-month periods ended June 30, 2024 and 2023, respectively, related to remeasurement of the deferred profit liability for limited-payment contracts.
[2] The change in value of federal historic rehabilitation and solar investments in partnerships of $30 and $53 for the three-month periods and $62 and $105 for the six-month periods ended June 30, 2024, and 2023, respectively, is included as a reduction to net investment income. Tax credits on these investments of $31 and $56 for the three-month periods and $64 and $108 for the six-month periods ended June 30, 2024, and 2023, respectively, have been recorded as an income tax benefit in the consolidated statements of earnings. See Note 3 for additional information on these investments.