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Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 2016
Stockholders' Equity Note [Abstract]  
Components of accumulated other comprehensive income (loss)
The progression of the components of accumulated other comprehensive income follows (in millions): 
  
 
 
Other Comprehensive Income
 
 
  
AOCI
Beginning
Balance
 
Pretax
 
Tax
 
Net
of
tax
 
Attributable to
noncontrolling
interests
 
Attributable to
shareholders
 
AOCI
Ending
Balance
Three months ended March 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
Net unrealized gains on securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Unrealized holding gains on securities arising during the period
 
 
$
192

 
$
(67
)
 
$
125

 
$
(1
)
 
$
124

 


Reclassification adjustment for realized (gains) losses included in net earnings (a)
 
 
18

 
(7
)
 
11

 
(1
)
 
10

 


Total net unrealized gains on securities (b)
$
332

 
210

 
(74
)
 
136

 
(2
)
 
134

 
$
466

Net unrealized gains on cash flow hedges
1

 
5

 
(2
)
 
3

 

 
3

 
4

Foreign currency translation adjustments
(22
)
 
3

 
3

 
6

 

 
6

 
(16
)
Pension and other postretirement plans adjustments
(7
)
 
1

 

 
1

 

 
1

 
(6
)
Total
$
304

 
$
219

 
$
(73
)
 
$
146

 
$
(2
)
 
$
144

 
$
448

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended March 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
Net unrealized gains on securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Unrealized holding gains on securities arising during the period
 
 
$
106

 
$
(37
)
 
$
69

 
$
(1
)
 
$
68

 
 
Reclassification adjustment for realized (gains) losses included in net earnings (a)
 
 
(19
)
 
7

 
(12
)
 

 
(12
)
 
 
Total net unrealized gains on securities
$
743

 
87

 
(30
)
 
57

 
(1
)
 
56

 
$
799

Net unrealized gains on cash flow hedges

 
1

 

 
1

 

 
1

 
1

Foreign currency translation adjustments
(8
)
 
(5
)
 
(3
)
 
(8
)
 

 
(8
)
 
(16
)
Pension and other postretirement plans adjustments
(8
)
 

 

 

 

 

 
(8
)
Total
$
727

 
$
83

 
$
(33
)
 
$
50

 
$
(1
)
 
$
49

 
$
776


(a)
The reclassification adjustment out of net unrealized gains on securities affected the following lines in AFG’s Statement of Earnings:
 
OCI component
 
Affected line in the statement of earnings
 
 
Pretax
 
Realized gains (losses) on securities
 
 
Tax
 
Provision for income taxes
 
 
Attributable to noncontrolling interests
 
Net earnings (loss) attributable to noncontrolling interests
 


(b)
Includes net unrealized gains of $46 million at March 31, 2016 and $51 million at December 31, 2015 related to securities for which only the credit portion of an other-than-temporary impairment has been recorded in earnings.