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Goodwill & Other Intangible Assets
 12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill & Other Intangible Assets 10. GOODWILL & OTHER INTANGIBLE ASSETS
Goodwill Carrying Value as of December 31, 2018
 
Commercial Lines
Personal Lines
Hartford Funds
Group Benefits
Corporate [1]
Total
Balance at December 31, 2016
$
38

$
119

$
180

$
—

$
230

$
567

Goodwill related to acquisitions [2]
—

—

—

723

—

723

Balance at December 31, 2017
$
38

$
119

$
180

$
723

$
230

$
1,290

Goodwill related to acquisitions
—

—

—

—

—

—

Balance at December 31, 2018
$
38

$
119

$
180

$
723

$
230

$
1,290


[1]
The Corporate category includes goodwill that was acquired at a holding company level and not pushed down to a subsidiary within a reportable segment. Carrying value of goodwill within Corporate as of December 31, 2018, 2017, and 2016 includes $138 and $92 for the Group Benefits and Hartford Funds reporting units, respectively.
[2]
For further discussion on goodwill related to the acquisition of Aetna's U.S. group life and disability business, refer to Note 2 - Business Acquisitions to Consolidated Financial Statements.
The annual goodwill assessment for The Hartford's reporting units was completed as of October 31, 2018, 2017, and 2016, which resulted in no write-downs of goodwill in the respective
years then ended. In 2018, all reporting units passed the first step of their annual impairment test with a significant margin.
Other Intangible Assets

As of December 31, 2018
 
As of December 31, 2017
 
 

Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
 
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
 
Weighted Average Expected Life
Amortized Intangible Assets:



 



 

Value of in-force contracts
$
23

$
(23
)
$
—

 
$
23

$
(3
)
$
20

 
1
Customer relationships [1]
636

(49
)
587

 
590

(6
)
584

 
15
Marketing agreement with Aetna
16

(1
)
15

 
16

—

16

 
15
Distribution Agreement
79

(56
)
23

 
70

(52
)
18

 
15
Agency relationships & Other [2]
21

(3
)
18

 
9

(2
)
7

 
13
Total Finite Life Intangibles
775

(132
)
643

 
708

(63
)
645

 
14
Total Indefinite Life Intangible Assets
14

—

14

 
14

—

14

 

Total Other Intangible Assets
$
789

$
(132
)
$
657

 
$
722

$
(63
)
$
659

 


[1]
On February 16, 2018, The Company entered into a renewal rights agreement with Farmers Exchanges of the Farmers Group of Companies to acquire its Foremost-branded small commercial business sold through independent agents. In connection with the renewal rights agreement, the Company recorded a customer relationships intangible asset of $46 which will be amortized over 10 years.
[2]
On December 1, 2018, the Company acquired Y-Risk LLC and recorded an agency relationships intangible asset of $12 which will be amortized over 15 years.
Expected Pre-tax Amortization Expense
For the years ended December 31,
2019
$
53

2020
$
53

2021
$
53

2022
$
52

2023
$
47