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Condensed Financial Information of Parent Company - Condensed Statement of Cash Flows (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities:                      
Net earnings attributable to shareholders $ 385 $ 109 $ 54 $ 101 $ 129 $ 63 $ 141 $ 19 $ 649 $ 352 $ 452
Adjustments:                      
Net cash provided by operating activities                 1,150 1,353 1,231
Investing Activities:                      
Net cash used in investing activities                 (2,981) (4,573) (3,628)
Financing Activities:                      
Additional long-term borrowings                 302 145 145
Reductions of long-term debt                 (18) (192) (2)
Issuances of Common Stock                 35 61 47
Repurchases of Common Stock                 (133) (126) (191)
Cash dividends paid on Common Stock                 (185) (176) (167)
Net cash provided by (used in) financing activities                 2,718 3,097 2,101
Net Change in Cash and Cash Equivalents                 887 (123) (296)
Cash and cash equivalents at beginning of year       1,220       1,343 1,220 1,343 1,639
Cash and cash equivalents at end of year 2,107       1,220       2,107 1,220 1,343
AFG                      
Operating Activities:                      
Net earnings attributable to shareholders                 649 352 452
Adjustments:                      
Equity in net earnings of subsidiaries                 (638) (451) (545)
Dividends from subsidiaries                 611 280 451
Other operating activities, net                 (67) (19) 14
Net cash provided by operating activities                 555 162 372
Investing Activities:                      
Capital contributions to subsidiaries                 (560) (27) (431)
Returns of capital from subsidiaries                 0 1 0
Purchases of investments, property and equipment                 (1) (10) (1)
Proceeds from maturities and redemptions of investments                 1 0 0
Proceeds from sales of investments, property and equipment                 0 3 0
Net cash used in investing activities                 (560) (33) (432)
Financing Activities:                      
Additional long-term borrowings                 296 145 145
Reductions of long-term debt                 0 (132) 0
Issuances of Common Stock                 35 57 42
Repurchases of Common Stock                 (133) (126) (191)
Cash dividends paid on Common Stock                 (185) (176) (167)
Net cash provided by (used in) financing activities                 13 (232) (171)
Net Change in Cash and Cash Equivalents                 8 (103) (231)
Cash and cash equivalents at beginning of year       $ 189       $ 292 189 292 523
Cash and cash equivalents at end of year $ 197       $ 189       $ 197 $ 189 $ 292