Deferred Acquisition Costs (Tables)

3 Months Ended

Mar. 31, 2019

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,
	2019			2018
Property casualty:
Deferred policy acquisition costs asset, beginning of period	$	464		$	438
Capitalized deferred policy acquisition costs	254			232
Amortized deferred policy acquisition costs	(233		)	(224		)
Deferred policy acquisition costs asset, end of period	$	485		$	446
Life:
Deferred policy acquisition costs asset, beginning of period	$	274		$	232
Capitalized deferred policy acquisition costs	16			13
Amortized deferred policy acquisition costs	(13		)	(10		)
Shadow deferred policy acquisition costs	(11		)	10
Deferred policy acquisition costs asset, end of period	$	266		$	245
Consolidated:
Deferred policy acquisition costs asset, beginning of period	$	738		$	670
Capitalized deferred policy acquisition costs	270			245
Amortized deferred policy acquisition costs	(246		)	(234		)
Shadow deferred policy acquisition costs	(11		)	10
Deferred policy acquisition costs asset, end of period	$	751		$	691