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Goodwill and Other Intangibles
9 Months Ended
Sep. 30, 2012
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangibles
I.    Goodwill and Other Intangibles

Goodwill was $185 million and $186 million at September 30, 2012 and December 31, 2011, respectively. Goodwill decreased $1 million in the third quarter of 2012 due to the sale of a small annuity and supplemental insurance subsidiary. Included in other assets in AFG’s Balance Sheet is $32 million at September 30, 2012 and $41 million at December 31, 2011 in amortizable intangible assets related to property and casualty insurance acquisitions. These amounts are net of accumulated amortization of $57 million and $47 million, respectively. Amortization of these intangibles was $3 million in each of the third quarters of 2012 and 2011 and $10 million and $9 million in the first nine months of 2012 and 2011, respectively. Other assets also include $8 million in non-amortizable intangible assets related to property and casualty insurance acquisitions.