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Income Taxes (Details 3) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Deferred tax assets:    
Federal net operating loss carryforwards $ 51 $ 52
Foreign underwriting losses 42 32
Insurance claims and reserves 435 404
Employee benefits 94 93
Other, net 52 68
Total deferred tax assets before valuation allowance 674 649
Valuation allowance against deferred tax assets (97) (54)
Total deferred tax assets 577 595
Deferred tax liabilities:    
Subsidiaries not in AFG's tax return (61) (56)
Investment securities (441) (324)
Deferred acquisition costs (278) (331)
Total deferred tax liabilities (780) (711)
Net deferred tax liability $ (203) $ (116)