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BUSINESS SEGMENT INFORMATION
 3 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
BUSINESS SEGMENT INFORMATION BUSINESS SEGMENT INFORMATION
The Company consists of two reportable insurance business segments: Aflac Japan and Aflac U.S., both of which sell supplemental health and life insurance. In addition, the Parent Company, other operating business units that are not individually reportable, reinsurance activities, including internal reinsurance activity with Aflac Re, and other business activities not included in Aflac Japan or Aflac U.S., as well as intercompany eliminations, are included in Corporate and other. The Company does not allocate corporate overhead expenses to business segments.

Consistent with U.S. GAAP accounting guidance for segment reporting, the Company evaluates and manages its business segments using a financial performance measure called pretax adjusted earnings.
•Pretax adjusted earnings are adjusted revenues less benefits and adjusted expenses. The adjustments to both revenues and expenses account for certain items that are outside management’s control because they tend to be driven by general economic conditions and events or are related to infrequent activities not directly associated with insurance operations. The Company excludes income taxes related to operations to arrive at pretax adjusted earnings.
◦Adjusted revenues are U.S. GAAP total revenues excluding net investment gains and losses, except for amortized hedge costs/income related to foreign currency exposure management strategies and net interest income/expense from derivatives associated with certain investment strategies, which are
reclassified from net investment gains (losses) and included in adjusted earnings as a component of adjusted net investment income when analyzing operations. 
◦Adjusted expenses are U.S. GAAP total acquisition and operating expenses including the impact of interest from derivatives associated with notes payable but excluding any non-recurring or other items not associated with the normal course of the Company’s insurance operations and that do not reflect the Company’s underlying business performance.

Aflac Japan's adjusted revenues as a percentage of the Company's total adjusted revenues were 55% and 56% in the three- and nine-month periods ended September 30, 2024, respectively, and 60% in both the three- and nine-month periods ended September 30, 2023. The percentage of the Company's total assets attributable to Aflac Japan was 79% at September 30, 2024, compared with 80% at December 31, 2023.

Information regarding operations by reportable segment and Corporate and other follows:
Three Months Ended September 30,Nine Months Ended September 30,
(In millions)2024202320242023
Revenues:
Aflac Japan:
   Net earned premiums (1)
$1,709 $1,973 $5,241 $6,207 
   Adjusted net investment income662 679 2,036 1,927 
   Other income7 8 20 26 
               Total adjusted revenue Aflac Japan2,378 2,660 7,297 8,160 
Aflac U.S.:
   Net earned premiums1,459 1,419 4,388 4,272 
   Adjusted net investment income210 209 634 609 
   Other income15 33 46 102 
           Total adjusted revenue Aflac U.S.1,684 1,661 5,068 4,983 
Corporate and other (2)
225 115 723 384 
           Total adjusted revenues4,287 4,436 13,088 13,527 
Net investment gains (losses)(1,408)423 239 1,101 
Reconciling items:
Amortized hedge costs7 26 19 148 
Amortized hedge income(25)(25)(87)(92)
Net interest (income) expense from derivatives
   associated with certain investment strategies		88 90 265 239 
           Total revenues$2,949 $4,950 $13,524 $14,923 
(1) Includes a gain (loss) of $(75) and $22 for the three-month periods and $(80) and $22 for the nine-month periods ended September 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 $57 and $64 for the three-month periods and $119 and $169 for the nine-month periods ended September 30, 2024, and 2023, respectively, is included as a reduction to net investment income. Tax credits on these investments of $78 and $63 for the three-month periods and $142 and $171 for the nine-month periods ended September 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.
  
Three Months Ended September 30,Nine Months Ended September 30,
(In millions)2024202320242023
Pretax earnings:
Aflac Japan (1)
$1,073 $869 $2,747 $2,479 
Aflac U.S.350 478 1,089 1,199 
Corporate and other (2)
15 (49)36 (107)
    Pretax adjusted earnings1,438 1,298 3,872 3,571 
Other income (loss)0 3 (1)38 
Net investment gains (losses)(1,408)423 239 1,101 
Reconciling items:
Amortized hedge costs7 26 19 148 
Amortized hedge income(25)(25)(87)(92)
Net interest (income) expense from derivatives
   associated with certain investment strategies		88 90 265 239 
Impact of interest from derivatives associated
   with notes payable
(8)(10)(25)(33)
    Total earnings before income taxes$92 $1,805 $4,282 $4,972 
Income taxes applicable to pretax adjusted earnings$227 $203 $665 $570 
Effect of foreign currency translation on after-tax
  adjusted earnings		(16)(33)(97)(100)
(1) Includes a gain (loss) of $(75) and $22 for the three-month periods and $(80) and $22 for the nine-month periods ended September 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 $57 and $64 for the three-month periods and $119 and $169 for the nine-month periods ended September 30, 2024, and 2023, respectively, is included as a reduction to net investment income. Tax credits on these investments of $78 and $63 for the three-month periods and $142 and $171 for the nine-month periods ended September 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.

The Company's total assets were as follows:
(In millions)September 30,
2024		December 31,
2023
Assets:
Aflac Japan$101,132 $101,541 
Aflac U.S.22,501 21,861 
Corporate and other4,809 3,322 
    Total assets$128,442 $126,724