UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
Spencer, Kathelen
314 Barschall Drive
Columbus, GA 31904
2. Date of Event Requiring Statement (Month/Day/Year)
5/6/02
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
AFLAC INCORPORATED (AFL)
5. Relationship of Reporting Person to Issuer (Check all applicable)
[ ] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
Exec. Vice President
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
Table I Non-Derivative Securities Beneficially Owned
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1)Title of Security 2)Amount of 3) 4)Nature of
Securities D Indirect
Beneficially or Beneficial
Owned I Ownership
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Common Stock 86,603 D Direct
Common Stock 5,627 I 401(K) Plan
Common Stock 1,800 I Custodian/Childr
en
Common Stock 40,681 I Partnership
Common Stock 110,916 I Spouse
Common Stock 52,212 I Spouse
Cust/Children
Table II Derivative Securitites Beneficially Owned
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1)Title of Derivative Security 2)Date Exercisable 3)Title and Amount of 4)Conver- 5)Ownership 6)Nature of
and Expiration Date Securities Underlying sion or Form of Indirect
(Month/Day/Year) Derivative Security exercise Derivative Beneficial
price of Security Ownership
Date Expira- Amount or Deri- Direct(D)
Exer- tion Number of vative or
cisable Date Title Shares Security Indirect(I)
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Employee Stock Option (right to 06/28/93 06/28/03 Common Stock 112,284 $4.7084 D Direct
buy)
Employee Stock Option (right to 02/13/96 02/13/06 Common Stock 90,004 $7.9167 D Direct
buy)
Employee Stock Option (right to 06/24/98 06/24/08 Common Stock 30,000 $15.0469 D Direct
buy)
Employee Stock Option (right to 02/08/03 02/08/10 Common Stock 30,000 $21.1563 D Direct
buy)
Employee Stock Option (right to 12/10/04 12/10/11 Common Stock 50,000 $25.4950 D Direct
buy)
Explanation of Responses:
SIGNATURE OF REPORTING PERSON
/S/ By: Patricia A. Bell
For: Kathelen Spencer
DATE