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Income Taxes (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Reconciliation of income taxes at the statutory rate to the provision for income taxes shown in the Statement of Earnings        
Earnings before income taxes (“EBT”) $ 130 $ 126 $ 291 $ 301
Income taxes at statutory rate 46 44 102 105
Income taxes at statutory rate as a percentage of EBT 35.00% 35.00% 35.00% 35.00%
Effect of tax exempt interest (7) (6) (12) (11)
Effect of tax exempt interest as a percentage of EBT (5.00%) (5.00%) (4.00%) (4.00%)
Effect of losses of managed investment entities 6 11 6 15
Effect of losses of managed investment entities as a percentage of EBT 5.00% 9.00% 2.00% 5.00%
Effect of subsidiaries not in AFG's tax return (2) (1) (1) 0
Effect of subsidiaries not in AFG's tax return as a percentage of EBT (2.00%) (1.00%) 0.00% 0.00%
Effect of other income tax reconciliation 4 1 6 2
Effect of other income tax reconciliation as a percentage of EBT 3.00% 1.00% 2.00% 1.00%
Provision for income taxes as shown on the Statement of Earnings $ 47 $ 49 $ 101 $ 111
Provision for income taxes as shown on the Statement of Earnings as a percentage of EBT 36.00% 39.00% 35.00% 37.00%