XML 123 R101.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Financial Statements Of Parent Company Condensed Statements Of Cash Flows (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash Flows From Operating Activities      
Net Income $ 525us-gaap_NetIncomeLoss $ 517us-gaap_NetIncomeLoss $ 421us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 51us-gaap_DepreciationAmortizationAndAccretionNet 50us-gaap_DepreciationAmortizationAndAccretionNet 44us-gaap_DepreciationAmortizationAndAccretionNet
Realized investment gains, net (133)us-gaap_RealizedInvestmentGainsLosses (83)us-gaap_RealizedInvestmentGainsLosses (42)us-gaap_RealizedInvestmentGainsLosses
Changes in:      
Investment income receivable (2)us-gaap_IncreaseDecreaseInAccruedInvestmentIncomeReceivable (6)us-gaap_IncreaseDecreaseInAccruedInvestmentIncomeReceivable 4us-gaap_IncreaseDecreaseInAccruedInvestmentIncomeReceivable
Current income tax receivable/payable 2us-gaap_IncreaseDecreaseInDeferredIncomeTaxes (49)us-gaap_IncreaseDecreaseInDeferredIncomeTaxes 79us-gaap_IncreaseDecreaseInDeferredIncomeTaxes
Other assets 19us-gaap_IncreaseDecreaseInOtherOperatingAssets (32)us-gaap_IncreaseDecreaseInOtherOperatingAssets (4)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Other liabilities (11)us-gaap_IncreaseDecreaseInOperatingLiabilities 77us-gaap_IncreaseDecreaseInOperatingLiabilities 78us-gaap_IncreaseDecreaseInOperatingLiabilities
Net cash provided by operating activities 873us-gaap_NetCashProvidedByUsedInOperatingActivities 796us-gaap_NetCashProvidedByUsedInOperatingActivities 638us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash Flows From Investing Activities      
Sale of fixed maturities 26us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt 40us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt 144us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
Call or maturity of fixed maturities 1,019us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities 930us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities 927us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
Sale of equity securities 335us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesEquity 178us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesEquity 216us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
Purchase of fixed maturities (1,312)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt (1,381)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt (1,166)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt
Purchase of equity securities (392)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity (265)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity (425)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity
Investment in buildings and equipment, net (9)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (7)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (6)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Change in other invested assets, net 9us-gaap_PaymentsForProceedsFromOtherInvestingActivities 5us-gaap_PaymentsForProceedsFromOtherInvestingActivities 5us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash (used) provided by investing activities (311)us-gaap_NetCashProvidedByUsedInInvestingActivities (509)us-gaap_NetCashProvidedByUsedInInvestingActivities (304)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash Flows From Financing Activities      
Payments on note payable (55)us-gaap_ProceedsFromRepaymentsOfNotesPayable 0us-gaap_ProceedsFromRepaymentsOfNotesPayable 0us-gaap_ProceedsFromRepaymentsOfNotesPayable
Payment of cash dividends to shareholders (278)us-gaap_PaymentsOfDividendsCommonStock (263)us-gaap_PaymentsOfDividendsCommonStock (256)us-gaap_PaymentsOfDividendsCommonStock
Purchase of treasury shares (21)us-gaap_PaymentsForRepurchaseOfCommonStock (52)us-gaap_PaymentsForRepurchaseOfCommonStock 0us-gaap_PaymentsForRepurchaseOfCommonStock
Proceeds from stock options exercised 22us-gaap_ProceedsFromStockOptionsExercised 25us-gaap_ProceedsFromStockOptionsExercised 10us-gaap_ProceedsFromStockOptionsExercised
Other (17)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities (14)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities (13)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net cash used in financing activities (404)us-gaap_NetCashProvidedByUsedInFinancingActivities (341)us-gaap_NetCashProvidedByUsedInFinancingActivities (285)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net change in cash and cash equivalents 158us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (54)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 49us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of year 433us-gaap_CashAndCashEquivalentsAtCarryingValue 487us-gaap_CashAndCashEquivalentsAtCarryingValue 438us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of year 591us-gaap_CashAndCashEquivalentsAtCarryingValue 433us-gaap_CashAndCashEquivalentsAtCarryingValue 487us-gaap_CashAndCashEquivalentsAtCarryingValue
Cincinnati Financial Corporation      
Cash Flows From Operating Activities      
Net Income 525us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
517us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
421us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 7us-gaap_DepreciationAmortizationAndAccretionNet
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
7us-gaap_DepreciationAmortizationAndAccretionNet
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
7us-gaap_DepreciationAmortizationAndAccretionNet
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Realized investment gains, net (34)us-gaap_RealizedInvestmentGainsLosses
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(21)us-gaap_RealizedInvestmentGainsLosses
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(34)us-gaap_RealizedInvestmentGainsLosses
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Dividends from subsidiaries 400us-gaap_CashDividendsPaidToParentCompanyByUnconsolidatedSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
378us-gaap_CashDividendsPaidToParentCompanyByUnconsolidatedSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
300us-gaap_CashDividendsPaidToParentCompanyByUnconsolidatedSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Changes in:      
Increase in equity of subsidiaries (504)cinf_IncreaseDecreaseInEquityOfSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(511)cinf_IncreaseDecreaseInEquityOfSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(406)cinf_IncreaseDecreaseInEquityOfSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Investment income receivable (1)us-gaap_IncreaseDecreaseInAccruedInvestmentIncomeReceivable
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(2)us-gaap_IncreaseDecreaseInAccruedInvestmentIncomeReceivable
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
1us-gaap_IncreaseDecreaseInAccruedInvestmentIncomeReceivable
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Current federal income taxes 3us-gaap_IncreaseDecreaseInIncomeTaxesReceivable
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
12us-gaap_IncreaseDecreaseInIncomeTaxesReceivable
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(24)us-gaap_IncreaseDecreaseInIncomeTaxesReceivable
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Current income tax receivable/payable (6)us-gaap_IncreaseDecreaseInDeferredIncomeTaxes
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(6)us-gaap_IncreaseDecreaseInDeferredIncomeTaxes
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
18us-gaap_IncreaseDecreaseInDeferredIncomeTaxes
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Other assets 20us-gaap_IncreaseDecreaseInOtherOperatingAssets
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(30)us-gaap_IncreaseDecreaseInOtherOperatingAssets
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(2)us-gaap_IncreaseDecreaseInOtherOperatingAssets
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Other liabilities (14)us-gaap_IncreaseDecreaseInOperatingLiabilities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
39us-gaap_IncreaseDecreaseInOperatingLiabilities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
7us-gaap_IncreaseDecreaseInOperatingLiabilities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Intercompany receivable for operations 22cinf_IntercompanyReceivableforOperations
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(39)cinf_IntercompanyReceivableforOperations
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
0cinf_IntercompanyReceivableforOperations
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net cash provided by operating activities 418us-gaap_NetCashProvidedByUsedInOperatingActivities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
344us-gaap_NetCashProvidedByUsedInOperatingActivities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
288us-gaap_NetCashProvidedByUsedInOperatingActivities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Cash Flows From Investing Activities      
Sale of fixed maturities 0us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
0us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
114us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Call or maturity of fixed maturities 4us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
23us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
13us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Sale of equity securities 112us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
75us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
111us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Purchase of fixed maturities 0us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
0us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(1)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Purchase of equity securities (225)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(179)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(212)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Investment in buildings and equipment, net (2)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(1)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(1)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Change in other invested assets, net 4us-gaap_PaymentsForProceedsFromOtherInvestingActivities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
4us-gaap_PaymentsForProceedsFromOtherInvestingActivities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
4us-gaap_PaymentsForProceedsFromOtherInvestingActivities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Return of capital from subsidiaries 0us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
22us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
0us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net cash (used) provided by investing activities (107)us-gaap_NetCashProvidedByUsedInInvestingActivities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(56)us-gaap_NetCashProvidedByUsedInInvestingActivities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
28us-gaap_NetCashProvidedByUsedInInvestingActivities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Cash Flows From Financing Activities      
Payments on note payable (55)us-gaap_ProceedsFromRepaymentsOfNotesPayable
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
0us-gaap_ProceedsFromRepaymentsOfNotesPayable
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
0us-gaap_ProceedsFromRepaymentsOfNotesPayable
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Payment of cash dividends to shareholders (278)us-gaap_PaymentsOfDividendsCommonStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(263)us-gaap_PaymentsOfDividendsCommonStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(256)us-gaap_PaymentsOfDividendsCommonStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Purchase of treasury shares (21)us-gaap_PaymentsForRepurchaseOfCommonStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(52)us-gaap_PaymentsForRepurchaseOfCommonStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
0us-gaap_PaymentsForRepurchaseOfCommonStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Proceeds from stock options exercised 22us-gaap_ProceedsFromStockOptionsExercised
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
25us-gaap_ProceedsFromStockOptionsExercised
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
9us-gaap_ProceedsFromStockOptionsExercised
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net transfers to subsidiaries 0cinf_NetTransfersToSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
0cinf_NetTransfersToSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(2)cinf_NetTransfersToSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Other 2us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
3us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
3us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net cash used in financing activities (330)us-gaap_NetCashProvidedByUsedInFinancingActivities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(287)us-gaap_NetCashProvidedByUsedInFinancingActivities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(246)us-gaap_NetCashProvidedByUsedInFinancingActivities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net change in cash and cash equivalents (19)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
1us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
70us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Cash and cash equivalents at beginning of year 91us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
90us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
20us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Cash and cash equivalents at end of year $ 72us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
$ 91us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
$ 90us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember