Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2012

Long-Term Debt [Abstract]

Schedule of long-term debt instruments

	June 30, 2012		December 31, 2011
Direct obligations of AFG:
9-7/8% Senior Notes due June 2019	$	350	$	350
6-3/8% Senior Notes due June 2042		230		—
7% Senior Notes due September 2050		132		132
7-1/8% Senior Debentures due February 2034		115		115
Other		3		3
		830		600
Subsidiaries:
Obligations of AAG Holding (guaranteed by AFG):
7-1/2% Senior Debentures due November 2033(*)		112		112
7-1/4% Senior Debentures due January 2034(*)		86		86
Notes payable secured by real estate due 2012 through 2016		64		64
Secured borrowings ($16 and $17 guaranteed by AFG)		24		30
National Interstate bank credit facility		22		22
		308		314
Payable to Subsidiary Trusts:
AAG Holding Variable Rate Subordinated Debentures due May 2033		20		20
	$	1,158	$	934

(*) Called for redemption on July 13, 2012 at par value.

Summary of secured and unsecured long-term debt

	June 30, 2012		December 31, 2011
Unsecured obligations	$	1,070	$	840
Obligations secured by real estate		64		64
Other secured borrowings		24		30
	$	1,158	$	934