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Condensed Financial Statements Of Parent Company Condensed Balance Sheets (Details) - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Investments        
Fixed maturities, at fair value (amortized cost: 2019—$49; 2018—$35) $ 11,698 $ 10,689    
Equity securities, at fair value (cost: 2019—$1,427; 2018—$1,282) 7,752 5,920    
Other invested assets 296 123    
Total investments 19,746 16,732    
Cash and cash equivalents 767 784 $ 657 $ 777
Investment income receivable 133 132    
Land, building and equipment, net, for company use (accumulated depreciation: 2019—$129; 2018—$121) 207 195    
Other assets 381 308    
Total assets 25,408 21,935    
Liabilities        
Deferred federal income tax 1,307 825    
Long-term debt 788 788    
Other liabilities 928 804    
Total liabilities 15,544 14,102    
Shareholders' Equity        
Common stock 397 397    
Paid-in capital 1,306 1,281    
Retained earnings 9,257 7,625    
Accumulated other comprehensive income 448 22    
Treasury stock at cost (1,544) (1,492)    
Total shareholders' equity 9,864 7,833 8,243  
Total liabilities and shareholders' equity 25,408 21,935    
Cincinnati Financial Corporation        
Investments        
Fixed maturities, at fair value (amortized cost: 2019—$49; 2018—$35) 49 35    
Equity securities, at fair value (cost: 2019—$1,427; 2018—$1,282) 3,069 2,234    
Other invested assets 103 36    
Total investments 3,221 2,305    
Cash and cash equivalents 197 209 $ 199 $ 248
Equity in net assets of subsidiaries 7,424 6,152    
Investment income receivable 7 6    
Land, building and equipment, net, for company use (accumulated depreciation: 2019—$129; 2018—$121) 141 137    
Income tax receivable 2 1    
Other assets 61 48    
Due from subsidiaries 107 106    
Total assets 11,160 8,964    
Liabilities        
Dividends declared but unpaid 91 86    
Deferred federal income tax 345 198    
Long-term debt 788 788    
Other liabilities 72 59    
Total liabilities 1,296 1,131    
Shareholders' Equity        
Common stock 397 397    
Paid-in capital 1,306 1,281    
Retained earnings 9,257 7,625    
Accumulated other comprehensive income 448 22    
Treasury stock at cost (1,544) (1,492)    
Total shareholders' equity 9,864 7,833    
Total liabilities and shareholders' equity $ 11,160 $ 8,964