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Condensed Financial Information of Parent Company - Condensed Statement of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Activities:      
Net earnings $ 852 $ 898 $ 1,995
Adjustments:      
Net cash provided by operating activities 1,970 1,153 1,714
Investing Activities:      
Payments to acquire subsidiaries (234) (10) (123)
Net cash provided by (used in) investing activities 414 (1,051) (436)
Financing Activities:      
Reductions of long-term debt (21) (477) 0
Issuances of Common Stock 15 16 66
Repurchases of Common Stock (213) (11) (319)
Cash dividends paid on Common Stock (684) (1,213) (2,374)
Net cash used in financing activities (2,031) (1,361) (1,957)
Cash and cash equivalents, period increase (decrease) 353 (1,259) (679)
Cash and cash equivalents at beginning of year 872    
Cash and cash equivalents at end of year 1,225 872  
AFG      
Operating Activities:      
Net earnings 852 898 1,995
Adjustments:      
Equity in net earnings of subsidiaries (967) (1,030) (2,144)
Dividends from subsidiaries 896 539 830
Other operating activities, net (62) (80) 152
Net cash provided by operating activities 719 327 833
Investing Activities:      
Capital contributions to subsidiaries (180) (26) (107)
Returns of capital from subsidiaries 7 29 3
Investments, property and equipment (35) (223) (1,478)
Payments to acquire subsidiaries 0 0 (120)
Proceeds from maturities and redemptions of investments 255 556 277
Sales of investments, property and equipment 178 656 11
Proceeds from sales of businesses 0 0 3,581
Net cash provided by (used in) investing activities 225 992 2,167
Financing Activities:      
Reductions of long-term debt (21) (477) 0
Issuances of Common Stock 17 18 67
Repurchases of Common Stock (213) (11) (319)
Cash dividends paid on Common Stock (684) (1,213) (2,374)
Net cash used in financing activities (901) (1,683) (2,626)
Cash and cash equivalents, period increase (decrease) 43 (364) 374
Cash and cash equivalents at beginning of year 225 589 215
Cash and cash equivalents at end of year $ 268 $ 225 $ 589