Goodwill and Other Intangibles

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangibles

Goodwill and Other Intangibles

There were no changes in the goodwill balance of $246 million during the first three months of 2023.

Included in other assets in AFG’s Balance Sheet is $105 million at March 31, 2023 and $108 million at December 31, 2022 in amortizable intangible assets related to acquisitions. These amounts are net of accumulated amortization of $27 million and $24 million, respectively. Amortization of intangibles was $3 million and $2 million in the first three months of 2023 and 2022, respectively.