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Valuation And Qualifying Accounts | 12 Months Ended
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Dec. 31, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract] |
Valuation And Qualifying Accounts | Schedule V
Cincinnati Financial Corporation and Subsidiaries
Valuation and Qualifying Accounts
(Dollars in millions) |  | At December 31,
|  | 2023 |  | 2022 |  | 2021
Allowance for credit losses (1): |  |  |  |  |  |
Beginning balance, January 1 |  | $ | 17 |  |  | $ | 16 |  |  | $ | 22 |
Additions charged to costs and expenses |  | 33 |  |  | 15 |  |  | 14 |
Deductions |  | (14) |  |  | (14) |  |  | (20) |
Ending balance, December 31 |  | $ | 36 |  |  | $ | 17 |  |  | $ | 16 |
Deferred tax valuation allowance: |  |  |  |  |  |
Beginning balance, January 1 |  | $ | 31 |  |  | $ | 53 |  |  | $ | 56 |
Additions charged to costs and expenses |  | — |  |  | — |  |  | — |
Deductions |  | (31) |  |  | (22) |  |  | (3) |
Ending balance, December 31 |  | — |  |  | 31 |  |  | 53 |
Total valuation and qualifying accounts |  | $ | 36 |  |  | $ | 48 |  |  | $ | 69 |
Notes to Schedule V: (1) Includes allowances for credit losses related to premiums receivable, reinsurance recoverable, finance receivables and fixed-maturity securities.

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- Definition The entire disclosure for valuation and qualifying accounts and reserves. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 09 -Publisher SEC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 4 -Subparagraph (SX 210.12-09) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-4 + Details
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