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Goodwill & Other Intangible Assets | 12 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill & Other Intangible Assets | 9. GOODWILL & OTHER INTANGIBLE ASSETS The carrying value of goodwill allocated to reportable segments and the corporate category as of both December 31, 2024 and 2023 was as follows:
| Carrying Value
Business Insurance | $ | 659 |  |  |
Personal Insurance | 119 |  |  |
Hartford Funds | 180 |  |  |
Employee Benefits | 723 |  |  |
Corporate [1] | 230 |  |  |
Total | $ | 1,911 |  |  |
[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, 2024 and 2023 includes $138 and $92 for the Employee Benefits and Hartford Funds reporting units, respectively. The annual goodwill assessment for The Hartford's reporting units was completed as of October 31, 2024 and 2023; all reporting units passed their annual impairment test with a significant margin and as a result there were no write-downs of goodwill. Other Intangible Assets
| As of December 31, 2024 |  | As of December 31, 2023
| Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount |  | Gross Carrying Amount | Accumulated Amortization | Net Carrying Amount
Amortized Intangible Assets: |  |  |  |  |  |  |
Customer relationships | $ | 636 |  | $ | (313) |  | $ | 323 |  |  | $ | 636 |  | $ | (269) |  | $ | 367 |
Marketing agreement with Aetna | 16 |  | (7) |  | 9 |  |  | 16 |  | (7) |  | 9 |
Distribution Agreement | 79 |  | (75) |  | 4 |  |  | 79 |  | (72) |  | 7 |
Distribution and Agency relationships & Other | 340 |  | (134) |  | 206 |  |  | 340 |  | (111) |  | 229 |
Total Finite Life Intangibles | 1,071 |  | (529) |  | 542 |  |  | 1,071 |  | (459) |  | 612 |
Total Indefinite Life Intangible Assets | 95 |  |  | 95 |  |  | 95 |  |  | 95 |
Total Other Intangible Assets | $ | 1,166 |  | $ | (529) |  | $ | 637 |  |  | $ | 1,166 |  | $ | (459) |  | $ | 707 |
Expected Before Tax Amortization Expense for Acquired Intangibles as of December 31, 2024
|  | Other Intangible Assets
2025 |  | $ | 71 |
2026 |  | $ | 70 |
2027 |  | $ | 68 |
2028 |  | $ | 64 |
2029 |  | $ | 62 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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