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Condensed Financial Information of Parent Company - Condensed Statement of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Activities:      
Net earnings (loss) attributable to shareholders $ 1,995 $ 732 $ 897
Adjustments:      
Net cash provided by operating activities 1,714 2,183 2,456
Investing Activities:      
Payments to acquire subsidiaries (123) (3) 0
Net cash used in investing activities (436) (1,564) (3,065)
Financing Activities:      
Additional long-term borrowings 0 634 315
Reductions of long-term debt 0 (150) (150)
Issuances of Common Stock 66 22 36
Repurchases of Common Stock (319) (313) 0
Cash dividends paid on Common Stock (2,374) (334) (444)
Net cash provided by (used in) financing activities (1,957) (123) 1,408
Cash and cash equivalents at beginning of year 1,665    
Cash and cash equivalents at end of year 2,131 1,665  
AFG      
Operating Activities:      
Net earnings (loss) attributable to shareholders 1,995 732 897
Adjustments:      
Equity in net earnings of subsidiaries (2,144) (780) (1,032)
Dividends from subsidiaries 830 543 408
Other operating activities, net 152 (12) 33
Net cash provided by operating activities 833 483 306
Investing Activities:      
Capital contributions to subsidiaries (107) (297) (60)
Returns of capital from subsidiaries 3 0 4
Investments, property and equipment (1,478) (2) (3)
Payments to acquire subsidiaries (120) 0 0
Proceeds from maturities and redemptions of investments 277 2 3
Sales of investments, property and equipment 11 0 0
Proceeds from sales of businesses 3,581 3 0
Net cash used in investing activities 2,167 (294) (56)
Financing Activities:      
Additional long-term borrowings 0 634 315
Reductions of long-term debt 0 (150) (150)
Issuances of Common Stock 67 23 37
Repurchases of Common Stock (319) (313) 0
Cash dividends paid on Common Stock (2,374) (334) (444)
Net cash provided by (used in) financing activities (2,626) (140) (242)
Cash and cash equivalents, period increase (decrease) 374 49 8
Cash and cash equivalents at beginning of year 215 166 158
Cash and cash equivalents at end of year $ 589 $ 215 $ 166