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Shareholders' Equity (Tables)
 3 Months Ended
Mar. 31, 2021
Stockholders' Equity Note [Abstract]  
Components of accumulated other comprehensive income (loss)
The progression of the components of accumulated other comprehensive income follows (in millions):
Other Comprehensive Income (Loss)
AOCI
Beginning
Balance		PretaxTaxNet
of
tax		Attributable to
noncontrolling
interests 		Attributable to
shareholders 		AOCI
Ending
Balance
Three months ended March 31, 2021
Net unrealized gains (losses) on securities:
Unrealized holding losses on securities arising during the period$(355)$74 $(281)$— $(281)
Reclassification adjustment for realized (gains) losses included in net earnings (*)(14)3 (11)— (11)
Total net unrealized gains (losses) on securities
$1,255 (369)77 (292)— (292)$963 
Net unrealized gains (losses) on cash flow hedges41 (17)3 (14)— (14)27 
Foreign currency translation adjustments
(16)— — — — — (16)
Pension and other postretirement plans adjustments
(7)— — — — — (7)
Total
$1,273 $(386)$80 $(306)$— $(306)$967 
Three months ended March 31, 2020
Net unrealized gains (losses) on securities:
Unrealized holding losses on securities arising during the period$(1,095)$230 $(865)$— $(865)
Reclassification adjustment for realized (gains) losses included in net earnings (*)24 (5)19 — 19 
Total net unrealized gains (losses) on securities
$862 (1,071)225 (846)— (846)$16 
Net unrealized gains on cash flow hedges17 34 (7)27 — 27 44 
Foreign currency translation adjustments
(9)(10)— (10)(2)(12)(21)
Pension and other postretirement plans adjustments
(7)— — — — — (7)
Total
$863 $(1,047)$218 $(829)$(2)$(831)$32 
(*)The reclassification adjustment out of net unrealized gains (losses) on securities affected the following lines in AFG’s Statement of Earnings:
OCI componentAffected line in the statement of earnings
Pretax - continuing operationsRealized gains (losses) on securities
Pretax - discontinued operationsNet earnings (loss) from discontinued operations
Tax - continuing operationsProvision (credit) for income taxes
Tax - discontinued operationsNet earnings (loss) from discontinued operations