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Consolidated Statement of Changes in Equity (Unaudited) - USD ($)
$ in Millions
Total
Total
Common Shares
Common Stock and Capital Surplus
Retained Earnings
Accumulated Other Comp. Income (Loss)
Noncontrolling interests
Beginning Balance, shares at Dec. 31, 2016     86,924,399        
Beginning Balance at Dec. 31, 2016 $ 4,919 $ 4,916   $ 1,198 $ 3,343 $ 375 $ 3
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net earnings (losses) attributable to parent 153 153     153    
Net earnings (losses) including portion attributable to nonredeemable noncontrolling interest 155           2
Other comprehensive income (loss) 124 124       124 0
Dividends on Common Stock (27) (27)     (27)    
Shares issued:              
Exercise of stock options, shares     411,167        
Exercise of stock options 15 15   15      
Restricted stock awards, shares     232,250        
Restricted stock awards 0 0   0      
Other benefit plans, shares     54,453        
Other benefit plans 5 5   5      
Dividend reinvestment plan, shares     3,277        
Stock-based compensation expense 8 8   8      
Shares exchanged — benefit plans, shares     (32,176)        
Shares exchanged — benefit plans (3) (3)   0 (3)    
Forfeitures of restricted stock, shares     (1,699)        
Forfeitures of restricted stock 0 0   0      
Other (1)           (1)
Ending Balance, shares at Mar. 31, 2017     87,591,671        
Ending Balance at Mar. 31, 2017 5,195 5,191   1,226 3,466 499 4
Beginning Balance, Redeemable Noncontrolling Interests at Dec. 31, 2016 0            
Ending Balance, Redeemable Noncontrolling Interests at Mar. 31, 2017 0            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cumulative effect of accounting change [1]           0  
Cumulative effect of accounting change $ 4 4     225 (221)  
Beginning Balance, shares at Dec. 31, 2017 88,275,460   88,275,460        
Beginning Balance at Dec. 31, 2017 $ 5,331 5,330   1,269 3,248 813 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net earnings (losses) attributable to parent 145 145     145    
Net earnings (losses) including portion attributable to nonredeemable noncontrolling interest 144           (1)
Other comprehensive income (loss) (287) (287)       (287) 0
Dividends on Common Stock (31) (31)     (31)    
Shares issued:              
Exercise of stock options, shares     374,314        
Exercise of stock options 14 14   14      
Restricted stock awards, shares     200,625        
Restricted stock awards 0 0   0      
Other benefit plans, shares     52,583        
Other benefit plans 6 6   6      
Dividend reinvestment plan, shares     2,779        
Dividend reinvestment plan 0 0   0      
Stock-based compensation expense 5 5   5      
Shares exchanged — benefit plans, shares     (23,882)        
Shares exchanged — benefit plans (3) (3)   0 (3)    
Forfeitures of restricted stock, shares     (666)        
Forfeitures of restricted stock 0 0   0      
Other $ 0           0
Ending Balance, shares at Mar. 31, 2018 88,881,213   88,881,213        
Ending Balance at Mar. 31, 2018 $ 5,183 $ 5,183   $ 1,294 $ 3,584 $ 305 $ 0
Beginning Balance, Redeemable Noncontrolling Interests at Dec. 31, 2017 3            
Redeemable Noncontrolling Interest, Equity, Carrying Amount [Abstract]              
Net earnings attributable to redeemable noncontrolling interests (3)            
Ending Balance, Redeemable Noncontrolling Interests at Mar. 31, 2018 $ 0            
[1] On January 1, 2018, AFG adopted new guidance that requires all equity securities other than those accounted for under the equity method to be reported at fair value with holding gains and losses recognized in net earnings. At the date of adoption, the $221 million net unrealized gain on equity securities classified as available for sale (with unrealized holding gains and losses reported in AOCI) under the prior guidance was reclassified from AOCI to retained earnings as the cumulative effect of an accounting change.