Valuation And Qualifying Accounts

12 Months Ended

Dec. 31, 2022

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Valuation And Qualifying Accounts

Schedule V

Cincinnati Financial Corporation and Subsidiaries
Valuation and Qualifying Accounts
(Dollars in millions)	At December 31,
	2022		2021		2020
Allowance for credit losses (1):
Beginning balance, January 1	$	16	$	22	$	8
Cumulative effect of change in accounting for credit losses as of January 1, 2020, pretax	—		—		3
Additions charged to costs and expenses	15		14		19
Deductions	(14)		(20)		(8)
Ending balance, December 31	$	17	$	16	$	22
Deferred tax valuation allowance:
Beginning balance, January 1	$	53	$	56	$	41
Additions charged to costs and expenses	—		—		15
Deductions	(22)		(3)		—
Ending balance, December 31	31		53		56
Total valuation and qualifying accounts	$	48	$	69	$	78

 Notes to Schedule V:

(1) Includes allowances for credit losses related to premiums receivable, reinsurance recoverable, finance receivables and fixed-maturity securities.