v3.25.2
DEFERRED POLICY ACQUISITION COSTS (Tables)
6 Months Ended
Jun. 30, 2025
Deferred Policy Acquisition Costs Disclosures [Abstract]  
Schedule Of Deferred Policy Acquisition Costs
The following tables present a rollforward of deferred policy acquisition costs by reporting segment and disaggregated by product type.
June 30, 2025
Aflac JapanAflac U.S.
(In millions)CancerMedical
and Other
Health
Life
Insurance
OtherAccidentDisabilityCritical
Care
Hospital
Indemnity
Dental/
Vision
Life
Insurance
OtherTotal
Deferred policy acquisition costs:
Balance at December 31, 2024
$2,776 $1,833 $441 $52 $915 $636 $1,348 $452 $86 $219 $0 $8,758 
Capitalization139 46 17 2 65 61 78 42 6 47 0 503 
Amortization expense(94)(51)(17)(2)(72)(61)(77)(38)(6)(19)0 (437)
Foreign currency translation and
  other
257 170 41 4 0 0 0 0 0 0 0 472 
Balance at June 30, 2025
$3,078 $1,998 $482 $56 $908 $636 $1,349 $456 $86 $247 $0 $9,296 
December 31, 2024
Aflac JapanAflac U.S.
(In millions)CancerMedical
and Other
Health
Life
Insurance
OtherAccidentDisabilityCritical
Care
Hospital
Indemnity
Dental/
Vision
Life
Insurance
OtherTotal
Deferred policy acquisition costs:
Balance at December 31, 2023
$2,971 $2,041 $491 $56 $917 $625 $1,336 $436 $86 $172 $$9,132 
Capitalization300 103 36 141 129 165 89 12 77 1,056 
Amortization expense(184)(100)(34)(3)(143)(118)(153)(73)(12)(30)(1)(851)
Foreign currency translation and
  other
(311)(211)(52)(5)(579)
Balance at December 31, 2024
$2,776 $1,833 $441 $52 $915 $636 $1,348 $452 $86 $219 $$8,758