Deferred Acquisition Costs (Tables)

3 Months Ended

Mar. 31, 2018

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,
	2018			2017
Property casualty:
Deferred policy acquisition costs asset, beginning of period	$	438		$	408
Capitalized deferred policy acquisition costs	232			226
Amortized deferred policy acquisition costs	(224		)	(206		)
Deferred policy acquisition costs asset, end of period	$	446		$	428
Life:
Deferred policy acquisition costs asset, beginning of period	$	232		$	229
Capitalized deferred policy acquisition costs	13			13
Amortized deferred policy acquisition costs	(10		)	(8		)
Amortized shadow deferred policy acquisition costs	10			(2		)
Deferred policy acquisition costs asset, end of period	$	245		$	232
Consolidated:
Deferred policy acquisition costs asset, beginning of period	$	670		$	637
Capitalized deferred policy acquisition costs	245			239
Amortized deferred policy acquisition costs	(234		)	(214		)
Amortized shadow deferred policy acquisition costs	10			(2		)
Deferred policy acquisition costs asset, end of period	$	691		$	660