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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, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Activities:                      
Net earnings attributable to shareholders $ 211 $ 147 $ 210 $ 329 $ (29) $ 204 $ 210 $ 145 $ 897 $ 530 $ 475
Adjustments:                      
Net cash provided by operating activities                 2,456 2,083 1,804
Investing Activities:                      
Payments for (proceeds from) other investing activities                 (3) 30 2
Net cash used in investing activities                 (3,065) (5,350) (3,292)
Financing Activities:                      
Additional long-term borrowings                 315 0 712
Reductions of long-term debt                 (150) 0 (745)
Issuances of Common Stock                 36 33 37
Repurchases of Common Stock                 0 (6) 0
Cash dividends paid on Common Stock                 (444) (394) (417)
Proceeds from (payments for) other financing activities                 0 0 (4)
Net cash provided by (used in) financing activities                 1,408 2,444 1,719
Net Change in Cash and Cash Equivalents                 799 (823) 231
Cash and cash equivalents at beginning of year       1,515       2,338 1,515 2,338 2,107
Cash and cash equivalents at end of year 2,314       1,515       2,314 1,515 2,338
AFG                      
Operating Activities:                      
Net earnings attributable to shareholders                 897 530 475
Adjustments:                      
Equity in net earnings of subsidiaries                 (1,032) (637) (575)
Dividends from subsidiaries                 408 238 580
Other operating activities, net                 33 84 98
Net cash provided by operating activities                 306 215 578
Investing Activities:                      
Capital contributions to subsidiaries                 (60) (11) (93)
Returns of capital from subsidiaries                 4 23 30
Purchases of investments, property and equipment                 (3) (5) (2)
Proceeds from maturities and redemptions of investments                 3 3 2
Net cash used in investing activities                 (56) 10 (63)
Financing Activities:                      
Additional long-term borrowings                 315 0 712
Reductions of long-term debt                 (150) 0 (745)
Issuances of Common Stock                 37 34 37
Repurchases of Common Stock                 0 (6) 0
Cash dividends paid on Common Stock                 (444) (394) (417)
Net cash provided by (used in) financing activities                 (242) (366) (413)
Net Change in Cash and Cash Equivalents                 8 (141) 102
Cash and cash equivalents at beginning of year       $ 158       $ 299 158 299 197
Cash and cash equivalents at end of year $ 166       $ 158       $ 166 $ 158 $ 299