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Income Taxes (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Reconciliation of income taxes at the statutory rate and income taxes shown in the Statement of Earnings      
Earnings before income taxes $ 537 $ 558 $ 694
Income taxes at statutory rate 188 195 243
Effect of Tax case and settlement of open tax years (67) 0 0
Effect of Change in valuation allowance 3 44 (1)
Effect of Losses of managed investment entities 34 9 23
Effect of Goodwill impairment charge 0 0 8
Effect of Subsidiaries not in AFG's tax return (3) 5 6
Effect of Tax exempt interest (23) (23) (16)
Effect of Other income tax reconciliation 3 9 5
Provision for income taxes as shown on the Statement of Earnings $ 135 $ 239 $ 268