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Consolidated Statement of Changes in Equity - USD ($)
$ in Millions
Total
Total
Common Shares
Common Stock and Capital Surplus
Retained Earnings
Accumulated Other Comprehensive Inc. (Loss)
Noncontrolling Interests
Beginning Balance, shares at Dec. 31, 2015     87,474,452        
Beginning Balance at Dec. 31, 2015 $ 4,770 $ 4,592   $ 1,301 $ 2,987 $ 304 $ 178
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) attributable to parent 649 649     649    
Net income (loss), including portion attributable to nonredeemable noncontrolling interest 668           19
Other comprehensive income (loss) 67 62       62 5
Dividends (187) (187)     (187)    
Shares issued:              
Exercise of stock options, shares     958,344        
Exercise of stock options 32 32   32      
Restricted stock awards, shares     318,940        
Restricted stock awards 0 0   0      
Other benefit plans, shares     95,875        
Other benefit plans 7 7   7      
Dividend reinvestment plan, shares     25,516        
Dividend reinvestment plan 2 2   2      
Stock-based compensation: Expense 22 22   22      
Shares acquired and retired, shares     (1,911,976)        
Shares acquired and retired (133) (133)   (29) (104)    
Shares exchanged — benefit plans, shares     (32,707)        
Shares exchanged — benefit plans (2) (2)   0 (2)    
Forfeitures of restricted stock, shares     (4,045)        
Forfeitures of restricted stock 0 0   0      
Acquisition of noncontrolling interests (315) (128)   (137)   9 [1] (187)
Other (12)       0   (12)
Ending Balance, shares at Dec. 31, 2016     86,924,399        
Ending Balance at Dec. 31, 2016 4,919 4,916   1,198 3,343 375 3
Beginning Balance, Redeemable Noncontrolling Interests at Dec. 31, 2015 0            
Ending Balance, Redeemable Noncontrolling Interests at Dec. 31, 2016 0            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) attributable to parent 475 475     475    
Net income (loss), including portion attributable to nonredeemable noncontrolling interest 477           2
Other comprehensive income (loss) 296 296       296 0
Impact of the U.S. corporate tax rate change on AOCI 0 0     (145) 145 0
Dividends (421) (421)     (421)    
Shares issued:              
Exercise of stock options, shares     1,020,986        
Exercise of stock options 34 34   34      
Restricted stock awards, shares     232,250        
Restricted stock awards 0 0   0      
Other benefit plans, shares     99,588        
Other benefit plans 10 10   10      
Dividend reinvestment plan, shares     42,572        
Dividend reinvestment plan 4 4   4      
Stock-based compensation: Expense 24 24   24      
Shares exchanged — benefit plans, shares     (37,718)        
Shares exchanged — benefit plans (5) (5)   (1) (4)    
Forfeitures of restricted stock, shares     (6,617)        
Forfeitures of restricted stock 0 0   0      
Sale of redeemable noncontrolling interests (3) (3)       (3) 0
Other $ (4) 0     0 0 (4)
Ending Balance, shares at Dec. 31, 2017 88,275,460   88,275,460        
Ending Balance at Dec. 31, 2017 $ 5,331 5,330   1,269 3,248 813 1
Ending Balance, Redeemable Noncontrolling Interests at Dec. 31, 2017 3            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cumulative effect of accounting change 4 4     225 (221)  
Redeemable Noncontrolling Interest, Equity, Carrying Amount [Abstract]              
Redeemable noncontrolling interests 3            
Net income (loss) attributable to parent 530 530     530    
Net income (loss), including portion attributable to nonredeemable noncontrolling interest 531           1
Other comprehensive income (loss) (544) (544)       (544) 0
Dividends $ (397) (397)     (397)    
Exercise of stock options, shares 778,270   778,270        
Exercise of stock options $ 29 29   29      
Restricted stock awards, shares     200,625        
Restricted stock awards 0 0   0      
Other benefit plans, shares     103,797        
Other benefit plans 12 12   12      
Dividend reinvestment plan, shares     29,998        
Dividend reinvestment plan 3 3   3      
Stock-based compensation: Expense 23 23   23      
Shares acquired and retired, shares     (65,589)        
Shares acquired and retired (6) (6)   (1) (5)    
Shares exchanged — benefit plans, shares     (26,520)        
Shares exchanged — benefit plans (3) (3)   (1) (2)    
Forfeitures of restricted stock, shares     (4,317)        
Forfeitures of restricted stock 0 0   0      
Other $ (11) (11)     (11)   0
Ending Balance, shares at Dec. 31, 2018 89,291,724   89,291,724        
Ending Balance at Dec. 31, 2018 $ 4,972 $ 4,970   $ 1,334 $ 3,588 $ 48 $ 2
Redeemable Noncontrolling Interest, Equity, Carrying Amount [Abstract]              
Net income (loss) attributable to redeemable noncontrolling interest (14)            
Shareholders' equity, redeemable noncontrolling interests, other changes 11            
Ending Balance, Redeemable Noncontrolling Interests at Dec. 31, 2018 0            
Redeemable Noncontrolling Interest, Equity, Carrying Amount [Abstract]              
Redeemable noncontrolling interests $ 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. Other also includes the December 2017 reclassification of $145 million stranded in AOCI from accounting for the Tax Cuts and Jobs Act of 2017 to retained earnings (see Note A — “Accounting Policies — Income Taxes”), the impact on AOCI of the December 2017 sale of redeemable noncontrolling interests in Neon and the November 2016 acquisition of the noncontrolling interest in NATL (see Note B — “Acquisitions and Sale of Businesses”).