Deferred Policy Acquisition Costs (Tables)

12 Months Ended

Dec. 31, 2015

Deferred Costs [Abstract]

Deferred Policy Acquisition Costs And Asset Reconciliation, Including the Amortized Deferred Policy Acquisition Costs

The table below shows the deferred policy acquisition costs and asset reconciliation:

(Dollars in millions)	Years ended December 31,
	2015			2014			2013
Property casualty:
Deferred policy acquisition costs asset, January 1	$	379		$	366		$	337
Capitalized deferred policy acquisition costs	801			783			756
Amortized deferred policy acquisition costs	(792		)	(770		)	(727		)
Deferred policy acquisition costs asset, December 31	$	388		$	379		$	366
Life:
Deferred policy acquisition costs asset, January 1	$	199		$	199		$	133
Capitalized deferred policy acquisition costs	45			44			46
Amortized deferred policy acquisition costs	(37		)	(37		)	(31		)
Amortized shadow deferred policy acquisition costs	21			(7		)	51
Deferred policy acquisition costs asset, December 31	$	228		$	199		$	199
Consolidated:
Deferred policy acquisition costs asset, January 1	$	578		$	565		$	470
Capitalized deferred policy acquisition costs	846			827			802
Amortized deferred policy acquisition costs	(829		)	(807		)	(758		)
Amortized shadow deferred policy acquisition costs	21			(7		)	51
Deferred policy acquisition costs asset, December 31	$	616		$	578		$	565