34 / 188
ITEM 6. SELECTED FINANCIAL DATA
Aflac Incorporated and Subsidiaries
Years Ended December 31,
(In millions, except for share and per-share amounts)
2016
2015
2014
2013
2012
Revenues:
Net premiums, principally supplemental
health insurance
$ 19,225
$ 17,570 $ 19,072 $ 20,135 $ 22,148
Net investment income
3,278
3,135
3,319
3,293
3,473
Realized investment gains (losses)
(123)
140
215
399
(349)
Other income
179
27
122
112
92
Total revenues
22,559
20,872
22,728
23,939
25,364
Benefits and expenses:
Benefits and claims, net
12,919
11,746
12,937
13,813
15,330
Expenses
5,573
5,264
5,300
5,310
5,732
Total benefits and expenses
18,492
17,010
18,237
19,123
21,062
Pretax earnings
4,067
3,862
4,491
4,816
4,302
Income taxes
1,408
1,329
1,540
1,658
1,436
Net earnings
$ 2,659
$ 2,533 $ 2,951 $ 3,158 $ 2,866
Share and Per-Share Amounts
Net earnings (basic)
$ 6.46
$ 5.88 $ 6.54 $ 6.80 $ 6.14
Net earnings (diluted)
6.42
5.85
6.50
6.76
6.11
Cash dividends paid
1.66
1.58
1.50
1.42
1.34
Cash dividends declared
1.66
1.58
1.50
1.42
1.34
Weighted-average common shares used for basic
EPS (In thousands)
411,471
430,654 451,204 464,502 466,868
Weighted-average common shares used for diluted
EPS (In thousands)
413,921
433,172 454,000 467,408 469,287
Supplemental Data
Yen/dollar exchange rate at year-end (yen)
116.49
120.61
120.55
105.39
86.58
Weighted-average yen/dollar exchange rate (yen)
108.70
120.99
105.46
97.54
79.81
32