XML 101 R85.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Taxes (Details 3) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Deferred tax assets:    
Federal net operating loss carryforwards $ 51us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic $ 51us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic
Foreign underwriting losses 56afg_DeferredTaxAssetsForeignUnderwritingLosses 50afg_DeferredTaxAssetsForeignUnderwritingLosses
Insurance claims and reserves 746us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsPolicyholderLiabilities 558us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsPolicyholderLiabilities
Employee benefits 107us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits 98us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
Other, net 26us-gaap_DeferredTaxAssetsOther 51us-gaap_DeferredTaxAssetsOther
Total deferred tax assets before valuation allowance 986us-gaap_DeferredTaxAssetsGross 808us-gaap_DeferredTaxAssetsGross
Valuation allowance against deferred tax assets (109)us-gaap_DeferredTaxAssetsValuationAllowance (103)us-gaap_DeferredTaxAssetsValuationAllowance
Total deferred tax assets 877us-gaap_DeferredTaxAssetsNet 705us-gaap_DeferredTaxAssetsNet
Deferred tax liabilities:    
Subsidiaries not in AFG’s tax return (61)afg_DeferredTaxLiabilitiesSubsidiariesNotInCompanysTaxReturn [1] (60)afg_DeferredTaxLiabilitiesSubsidiariesNotInCompanysTaxReturn [1]
Investment securities (663)us-gaap_DeferredTaxLiabilitiesInvestments (443)us-gaap_DeferredTaxLiabilitiesInvestments
Deferred policy acquisition costs (178)us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost (234)us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost
Total deferred tax liabilities (902)us-gaap_DeferredTaxLiabilities (737)us-gaap_DeferredTaxLiabilities
Net deferred tax liability $ (25)us-gaap_DeferredTaxAssetsLiabilitiesNet $ (32)us-gaap_DeferredTaxAssetsLiabilitiesNet
[1] Related to National Interstate Corporation, a 51%-owned subsidiary.