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(In millions)

2016

2015

2014

Revenues:

Aflac Japan:

Net earned premiums

Cancer

$ 5,639

$ 4,933

$ 5,596

Medical and other health

3,429

3,092

3,770

Life insurance

4,469

4,021

4,495

Net investment income

2,554

2,436

2,662

Other income

40

31

32

Total Aflac Japan

16,131

14,513

16,555

Aflac U.S.:

Net earned premiums:

Accident/disability

2,469

2,391

2,303

Cancer

1,299

1,293

1,279

Other health

1,415

1,395

1,371

Life insurance

271

268

258

Net investment income

703

678

645

Other income

10

8

3

Total Aflac U.S.

6,167

6,033

5,859

Other business segments

275

225

43

Total business segment revenues

22,573

20,771

22,457

Realized investment gains (losses)

(1)

(208)

55

171

Corporate

284

282

281

Intercompany eliminations

(199)

(201)

(248)

Other non-operating income (loss)

109

(35)

(2)

67

Total revenues

$ 22,559

$ 20,872

$ 22,728

(1)

Excluding a gain of $85 in both 2016 and 2015 and $44 in 2014 related to the interest rate component of the change in fair value of

foreign currency swaps on notes payable which is classified as an operating gain when analyzing segment operations

(2)

Includes a loss of $20 related to the change in value of yen repatriation received in advance of settlement of certain foreign currency

derivatives. The loss was offset by derivative gains included in realized investment gains (losses).

99