Deferred Acquisition Costs (Tables)

6 Months Ended

Jun. 30, 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 June 30,						Six months ended June 30,
	2018			2017			2018			2017
Property casualty:
Deferred policy acquisition costs asset, beginning of period	$	446		$	428		$	438		$	408
Capitalized deferred policy acquisition costs	251			237			483			463
Amortized deferred policy acquisition costs	(225		)	(217		)	(449		)	(423		)
Deferred policy acquisition costs asset, end of period	$	472		$	448		$	472		$	448
Life:
Deferred policy acquisition costs asset, beginning of period	$	245		$	232		$	232		$	229
Capitalized deferred policy acquisition costs	15			12			28			25
Amortized deferred policy acquisition costs	(11		)	(12		)	(21		)	(20		)
Amortized shadow deferred policy acquisition costs	7			(2		)	17			(4		)
Deferred policy acquisition costs asset, end of period	$	256		$	230		$	256		$	230
Consolidated:
Deferred policy acquisition costs asset, beginning of period	$	691		$	660		$	670		$	637
Capitalized deferred policy acquisition costs	266			249			511			488
Amortized deferred policy acquisition costs	(236		)	(229		)	(470		)	(443		)
Amortized shadow deferred policy acquisition costs	7			(2		)	17			(4		)
Deferred policy acquisition costs asset, end of period	$	728		$	678		$	728		$	678