Deferred Acquisition Costs (Tables)

6 Months Ended

Jun. 30, 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 June 30,						Six months ended June 30,
	2017			2016			2017			2016
Property casualty:
Deferred policy acquisition costs asset, beginning of period	$	428		$	397		$	408		$	388
Capitalized deferred policy acquisition costs	237			218			463			428
Amortized deferred policy acquisition costs	(217		)	(203		)	(423		)	(404		)
Deferred policy acquisition costs asset, end of period	$	448		$	412		$	448		$	412
Life:
Deferred policy acquisition costs asset, beginning of period	$	232		$	221		$	229		$	228
Capitalized deferred policy acquisition costs	12			12			25			24
Amortized deferred policy acquisition costs	(12		)	(11		)	(20		)	(22		)
Amortized shadow deferred policy acquisition costs	(2		)	(10		)	(4		)	(18		)
Deferred policy acquisition costs asset, end of period	$	230		$	212		$	230		$	212
Consolidated:
Deferred policy acquisition costs asset, beginning of period	$	660		$	618		$	637		$	616
Capitalized deferred policy acquisition costs	249			230			488			452
Amortized deferred policy acquisition costs	(229		)	(214		)	(443		)	(426		)
Amortized shadow deferred policy acquisition costs	(2		)	(10		)	(4		)	(18		)
Deferred policy acquisition costs asset, end of period	$	678		$	624		$	678		$	624