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BUSINESS SEGMENT INFORMATION - Operations by Segment - Pretax Earnings (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Segment Reporting, Reconciling Item for Adjusted Profit (Loss) from Segment to Consolidated [Line Items]        
Net investment gains (losses) $ (1,408) $ 423 $ 239 $ 1,101
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)
Remeasurement gain (loss), deferred profit liability for limited-payment contracts (75) 22 (80) 22
Change in value of federal historic rehabilitation and solar tax credit investments (57) (64) (119) (169)
Federal historic rehabilitation and solar tax credits, amount 78 63 142 171
Operating Segments        
Segment Reporting, Reconciling Item for Adjusted Profit (Loss) from Segment to Consolidated [Line Items]        
Pretax adjusted earnings 1,438 1,298 3,872 3,571
Segment Reconciling Items        
Segment Reporting, Reconciling Item for Adjusted Profit (Loss) from Segment to Consolidated [Line Items]        
Other income (loss) 0 3 (1) 38
Net investment gains (losses) (1,408) 423 239 1,101
Amortized hedge costs 7 26 19 148
Amortized hedge income (25) (25) (87) (92)
Net interest (income) expense from from derivatives associated with certain investment strategies 88 90 265 239
Impact of interest from derivatives associated with notes payable (8) (10) (25) (33)
Aflac Japan | Operating Segments        
Segment Reporting, Reconciling Item for Adjusted Profit (Loss) from Segment to Consolidated [Line Items]        
Pretax adjusted earnings [1] 1,073 869 2,747 2,479
Aflac U.S. | Operating Segments        
Segment Reporting, Reconciling Item for Adjusted Profit (Loss) from Segment to Consolidated [Line Items]        
Pretax adjusted earnings 350 478 1,089 1,199
Corporate and other | Operating Segments        
Segment Reporting, Reconciling Item for Adjusted Profit (Loss) from Segment to Consolidated [Line Items]        
Pretax adjusted earnings [2] $ 15 $ (49) $ 36 $ (107)
[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.