EX-11 3 g07101exv11.htm EX-11 STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS EX-11 STATEMENT RE: COMPUTATION/PER SHARE EARNINGS
 

EXHIBIT 11
Aflac Incorporated and Subsidiaries
Computation of Earnings Per Share
Three Months Ended March 31,
                 
 
    2007     2006  
 
Numerator (In millions):
                
Basic: net earnings applicable to common stock
   $   416     $   375  
Diluted: net earnings applicable to common stock
     416       375  
 
Denominator (In thousands):
                
Average outstanding shares used in the computation of earnings per share — basic
     490,554       498,037  
Dilutive effect of share-based awards
     6,104       6,537  
 
Average outstanding shares used in the computation of earnings per share — diluted
     496,658       504,574  
 
 
                
Earnings per share:
                
Basic
   $   .85     $  .75  
Diluted
     .84       .74  
 

EXH 11-1