Deferred Policy Acquisition Costs (Tables)

12 Months Ended

Dec. 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)	Years ended December 31,
	2018			2017			2016
Property casualty:
Deferred policy acquisition costs asset, January 1	$	438		$	408		$	388
Capitalized deferred policy acquisition costs	933			897			840
Amortized deferred policy acquisition costs	(907		)	(867		)	(820		)
Deferred policy acquisition costs asset, December 31	$	464		$	438		$	408
Life:
Deferred policy acquisition costs asset, January 1	$	232		$	229		$	228
Capitalized deferred policy acquisition costs	60			51			49
Amortized deferred policy acquisition costs	(39		)	(46		)	(43		)
Shadow deferred policy acquisition costs	21			(2		)	(5		)
Deferred policy acquisition costs asset, December 31	$	274		$	232		$	229
Consolidated:
Deferred policy acquisition costs asset, January 1	$	670		$	637		$	616
Capitalized deferred policy acquisition costs	993			948			889
Amortized deferred policy acquisition costs	(946		)	(913		)	(863		)
Shadow deferred policy acquisition costs	21			(2		)	(5		)
Deferred policy acquisition costs asset, December 31	$	738		$	670		$	637