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Main Section Title [H1]
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Subsection Title [H2]
AFLAC INCORPORATED
2017 PROXY STATEMENT
48
2016 Summary Compensation Tables
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2016 All Other Compensation
2016 All Other Compensation
The following table identifies the amount of each item included for 2016 in the All Other Compensation column in
the 2016 Summary Compensation Table on previous page.
Name
Perquisites
and Other Personal
Benefits
(1)
($)
Company Contribution
to 401(k) Plan
($)
Company Contribution
to Nonqualified Deferred
Compensation
(2)
($)
Renewal
Commissions from
Previous Job
(3)
($)
Total
($)
Daniel P. Amos
305,052
7,950
—
—
313,002
Frederick J. Crawford
131,573
7,950
315,105
—
454,628
Kriss Cloninger III
131,459
7,950
—
—
139,409
Paul S. Amos II
1,554,780
7,950
—
16,595
1,579,325
Eric M. Kirsch
9,331
7,950
—
—
17,281
(1) Perquisites are more fully described in the Perquisites table below.
(2) Includes $315,105 of a Company deferred compensation contribution for Mr. Crawford. This amount has been included in the 2016 Nonqualified Deferred
Compensation table below.
(3) Amounts are for earned renewal sales commissions before expenses on Aflac U.S. products sold before Mr. Paul S. Amos II became an Aflac employee.
2016 Perquisites
The following table identifies the incremental cost to the Company of each perquisite included for 2016 in the
All Other Compensation table above.
Name
Personal Use of
Company Aircraft
(1)
($)
Security
Services
(2)
($)
International
Assignment
Allowance
(3)
($)
Tax Related
Reimbursements
(4)
($)
Relocation
Expenses
(5)
($
)
Other
(6)
($)
Total Perquisites
and Other Personal
Benefits
(7)
($)
Daniel P. Amos
66,659
237,446
—
—
—
947
305,052
Frederick J. Crawford
—
1,046
—
15,121
90,197
25,209
131,573
Kriss Cloninger III
108,344
372
—
—
—
22,743
131,459
Paul S. Amos II
136,007
4,620
65,221
1,336,786
—
12,146
1,554,780
Eric M. Kirsch
—
—
—
106
—
9,225
9,331
(1) Incremental cost for the personal use of corporate aircraft is the calculated standard hourly cost rate based upon actual operating expenses for corporate
aircraft, including fuel costs, airport fees, catering, in-flight phone, and crew travel expenses. This rate is recalculated annually. The personal use of
corporate aircraft has been authorized by the Board of Directors for security reasons and to maximize the effectiveness of the executives’ time. Included in
the amount reported for Mr. Cloninger is $10,373 for attending meetings of an outside board on which he serves.
(2) Incremental costs for security services include the salaries and benefits of security officers and the actual costs of any security equipment, monitoring and
maintenance fees.
(3) All expenses were incurred as a direct result of Mr. Paul S. Amos II’s overseas assignment in Tokyo, Japan, which ended on December 31, 2015. Certain
amounts were paid in yen and all are converted to dollars by dividing the actual yen-denominated payments by the year-to-date December 31, 2016
weighted average exchange rate of 108.70 yen to the dollar.
(4) Amount included in the tax-related reimbursements for Mr. Paul S. Amos II represents Japan taxes and tax gross-up payments ($1,336,786) paid by the
Company in 2016 to satisfy tax obligations arising solely as a result of his international assignment. Amounts included in the tax-related reimbursements for
Mr. Crawford represent tax gross-up payments for him that are related to his relocation expenses.
(5) This amount represents certain relocation expenses of Mr. Crawford’s paid by the Company, including $45,000 for real estate commissions and $15,400
for duplicate housing.
(6) Amounts included in the Other column are charges for guest travel in the amount of $947 (Daniel P. Amos), $25,037 (Mr. Crawford), $21,730 (Mr.
Cloninger), $9,585 (Paul S. Amos II) and $975 (Mr. Kirsch). Messrs. Crawford, Cloninger and Paul S. Amos II incurred expenses for the use of Company
automobile transportation in the U.S. Mr. Kirsch also incurred amounts totaling $8,150 for personal tax return preparation and financial planning.
(7)Other than tax gross-ups reflected in the tax-related reimbursements, the Company did not gross up for tax purposes any of the other perquisites described
in this table.