XML 98 R83.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes - Narrative (Details)
£ in Millions, $ in Millions
1 Months Ended 3 Months Ended 12 Months Ended
Jan. 01, 2018
Jan. 31, 2008
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2012
USD ($)
Dec. 31, 2018
GBP (£)
Income Tax Reconciliation [Line Items]                    
Statutory rate of income taxes         21.00% 35.00% 35.00%      
Payments to acquire additional interest in subsidiaries         $ 0 $ 0 $ 315      
Impact of foreign operations included in the provision for income taxes         (2) 21 5      
Decrease in the valuation allowance related to the change in the U.S. corporate tax rate         11 (7) 52      
Income tax expense (benefit)         122 247 119      
Decrease in net deferred tax assets resulting from the changes in the Tax Cuts and Jobs Act of 2017         0 $ 83 $ 0      
Effective tax rate excluding the charge related to the exit of certain lines of business within subsidiaries and impact of the change in the U.S. corporate tax rate           31.00%        
Effective tax rate excluding the charge related to the exit of certain lines of business within subsidiaries, acquisition of the noncontrolling interest, and restructuring of subsidiaries             35.00%      
Income (losses) subject to tax in foreign jurisdictions         (69) $ (58) $ (160)      
Operating loss carryforwards, valuation allowance         23          
Cash payments for income taxes         $ 156 194 308      
Limitation on the use of tax credit carryforwards         A SRLY NOL can be used only by the entity that created it and only in years that both it and the consolidated group have taxable income. Approximately $19 million of AFG’s SRLY NOLs expired unutilized at December 31, 2018.          
Tax Cuts and Jobs Act implementation complete         true          
AFG                    
Income Tax Reconciliation [Line Items]                    
Income tax expense (benefit)     $ (56)   $ 122 247 119      
National Interstate                    
Income Tax Reconciliation [Line Items]                    
Income tax expense (benefit)       $ (66)            
Neon Capital Limited                    
Income Tax Reconciliation [Line Items]                    
Income tax expense (benefit)     (56) (111)     (48)      
Increase (Decrease) in current taxes payable     (20) $ (29)            
Charge for valuation allowance                    
Income Tax Reconciliation [Line Items]                    
Charge for valuation allowance against deferred tax assets         93          
Maximum | AFG                    
Income Tax Reconciliation [Line Items]                    
Unrecognized tax benefits that would impact the effective tax rate     1   1 1        
Interest included in tax provision         1 1 1      
Decrease in related accrued interest (are less than in 2017 and 2016)     1     1        
Amount of expense for penalties related to a tax position         1 1 1      
Income tax penalties accrued     1   1 1        
Amount unutilized                    
Income Tax Reconciliation [Line Items]                    
Operating loss carryforwards         19          
Tax Cuts and Jobs Act of 2017                    
Income Tax Reconciliation [Line Items]                    
Statutory rate of income taxes 21.00%                  
Decrease in net deferred tax assets resulting from the changes in the Tax Cuts and Jobs Act of 2017     $ 83              
Tax Cuts and Jobs Act of 2017 | Neon Capital Limited                    
Income Tax Reconciliation [Line Items]                    
Decrease in the valuation allowance related to the change in the U.S. corporate tax rate           (61)        
United Kingdom                    
Income Tax Reconciliation [Line Items]                    
Operating loss carryforwards [1]         $ 215         £ 168
Property and casualty insurance                    
Income Tax Reconciliation [Line Items]                    
Change in AFG’s liability for uncertain tax positions due to the uncertainty in state taxation               $ 1    
Tax payments due to resolved uncertainty in state taxation           1        
Property and casualty insurance | Other lines                    
Income Tax Reconciliation [Line Items]                    
Special charges related to the exit of certain lines of business within subsidiaries             65      
Property and casualty insurance | Other lines | Neon Capital Limited                    
Income Tax Reconciliation [Line Items]                    
Special charges related to the exit of certain lines of business within subsidiaries             $ 65      
Neon Capital Limited                    
Income Tax Reconciliation [Line Items]                    
Payments to acquire controlling interest in subsidiaries   $ 75                
Percentage ownership of subsidiary   67.00%                
Payments to acquire additional interest in subsidiaries                 $ 17  
Foreign underwriting losses                    
Income Tax Reconciliation [Line Items]                    
Impact of foreign operations included in the provision for income taxes           $ 14        
[1] £168 million