Deferred Acquisition Costs (Tables)

3 Months Ended

Mar. 31, 2017

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 March 31,
	2017			2016
Property casualty:
Deferred policy acquisition costs asset, beginning of period	$	408		$	388
Capitalized deferred policy acquisition costs	226			210
Amortized deferred policy acquisition costs	(206		)	(201		)
Deferred policy acquisition costs asset, end of period	$	428		$	397
Life:
Deferred policy acquisition costs asset, beginning of period	$	229		$	228
Capitalized deferred policy acquisition costs	13			12
Amortized deferred policy acquisition costs	(8		)	(11		)
Amortized shadow deferred policy acquisition costs	(2		)	(8		)
Deferred policy acquisition costs asset, end of period	$	232		$	221
Consolidated:
Deferred policy acquisition costs asset, beginning of period	$	637		$	616
Capitalized deferred policy acquisition costs	239			222
Amortized deferred policy acquisition costs	(214		)	(212		)
Amortized shadow deferred policy acquisition costs	(2		)	(8		)
Deferred policy acquisition costs asset, end of period	$	660		$	618