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Income Taxes (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Reconciliation of income taxes at the statutory rate and income taxes shown in the Statement of Earnings      
Earnings before income taxes $ 560 $ 689 $ 812
Income taxes at statutory rate 196 241 284
Effect of Change in valuation allowance 44 (1) (7)
Effect of Losses of managed investment entities 9 23  
Effect of Goodwill impairment charge   8  
Effect of Subsidiaries not in AFG's tax return 5 6 8
Effect of Tax exempt interest (23) (16) (10)
Effect of Other income tax reconciliation 9 5 7
Provision for income taxes as shown on the Statement of Earnings $ 240 $ 266 $ 282