Deferred Policy Acquisition Costs (Tables)

12 Months Ended

Dec. 31, 2022

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,
	2022		2021		2020
Property casualty:
Deferred policy acquisition costs asset, January 1	$	602	$	542	$	512
Capitalized deferred policy acquisition costs	1,383		1,211		1,087
Amortized deferred policy acquisition costs	(1,303)		(1,151)		(1,057)
Deferred policy acquisition costs asset, December 31	$	682	$	602	$	542
Life:
Deferred policy acquisition costs asset, January 1	$	303	$	263	$	262
Capitalized deferred policy acquisition costs	60		59		58
Amortized deferred policy acquisition costs	(44)		(46)		(49)
Shadow deferred policy acquisition costs	13		27		(8)
Deferred policy acquisition costs asset, December 31	$	332	$	303	$	263
Consolidated:
Deferred policy acquisition costs asset, January 1	$	905	$	805	$	774
Capitalized deferred policy acquisition costs	1,443		1,270		1,145
Amortized deferred policy acquisition costs	(1,347)		(1,197)		(1,106)
Shadow deferred policy acquisition costs	13		27		(8)
Deferred policy acquisition costs asset, December 31	$	1,014	$	905	$	805