Deferred Acquisition Costs (Tables)

6 Months Ended

Jun. 30, 2016

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)	Three months ended June 30,						Six months ended June 30,
	2016			2015			2016			2015
Property casualty:
Deferred policy acquisition costs asset, beginning of period	$	397		$	377		$	388		$	379
Capitalized deferred policy acquisition costs	218			209			428			405
Amortized deferred policy acquisition costs	(203		)	(196		)	(404		)	(394		)
Deferred policy acquisition costs asset, end of period	$	412		$	390		$	412		$	390
Life:
Deferred policy acquisition costs asset, beginning of period	$	221		$	194		$	228		$	199
Capitalized deferred policy acquisition costs	12			12			24			23
Amortized deferred policy acquisition costs	(11		)	(8		)	(22		)	(19		)
Amortized shadow deferred policy acquisition costs	(10		)	12			(18		)	7
Deferred policy acquisition costs asset, end of period	$	212		$	210		$	212		$	210
Consolidated:
Deferred policy acquisition costs asset, beginning of period	$	618		$	571		$	616		$	578
Capitalized deferred policy acquisition costs	230			221			452			428
Amortized deferred policy acquisition costs	(214		)	(204		)	(426		)	(413		)
Amortized shadow deferred policy acquisition costs	(10		)	12			(18		)	7
Deferred policy acquisition costs asset, end of period	$	624		$	600		$	624		$	600