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Accounting Policies - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Jan. 01, 2018
Dec. 31, 2017
Significant Accounting Policies [Line Items]        
Net unrealized gain on equity securities included in AOCI $ 342     $ 840
Cumulative effect of accounting change       4
Realized gains (losses) on securities $ (93) $ 3    
Weighted average common shares adjustment related to stock-based compensation (shares) 1,800,000 2,100,000    
Anti-dilutive potential common shares related to stock-based compensation plans (shares) 0 0    
Maturities of short term investments 3 months      
Equity securities        
Significant Accounting Policies [Line Items]        
Available-for-sale securities, Equity securities       1,600
Net unrealized gain on equity securities included in AOCI [1]       221
Equity securities, trading at fair value       62
Realized gains (losses) on securities [2] $ (95) $ (7)    
Equity securities | Accounting Standards Update 2016-01        
Significant Accounting Policies [Line Items]        
Net unrealized gain on equity securities included in AOCI       $ 221
Cumulative effect of accounting change     $ (221)  
Realized gains (losses) on securities $ (94)      
Limited partnerships and similar investments | Accounting Standards Update 2016-01        
Significant Accounting Policies [Line Items]        
Cumulative effect of accounting change     $ (4)  
[1] As discussed in Note A — “Accounting Policies — Investments,” effective January 1, 2018, all equity securities other than those accounted for under the equity method are carried at fair value through net earnings.
[2] As discussed in Note A — “Accounting Policies — Investments,” effective January 1, 2018, all equity securities other than those accounted for under the equity method are carried at fair value through net earnings. AFG recorded a net realized loss of $94 million on equity securities during the first three months of 2018 on securities that were still owned at March 31, 2018.