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Acquisitions and Sale of Businesses (Tables)
12 Months Ended
Dec. 31, 2018
Business Combinations [Abstract]  
Schedule of estimated fair values of assets acquired and liabilities assumed
The allocation of the purchase price is shown in the table below (in millions):
 
November 30,
2018
Total purchase price
$
30

 
 
Tangible assets acquired
28

Liabilities acquired
26

Net tangible assets acquired, at fair value
2

Excess purchase price over net tangible assets acquired
$
28

 
 
Allocation of excess purchase price:
 
Intangible assets acquired (*)
$
25

Deferred tax on intangible assets acquired (*)
(5
)
Goodwill
8

 
$
28


(*)
Included in Other assets in AFG’s Balance Sheet.