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Condensed Financial Statements Of Parent Company Condensed Balance Sheets (Details) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Investments        
Fair value of fixed maturities $ 16,182 $ 13,791    
Fair value of equity securities 11,185 10,989    
Short-term investments, at fair value (amortized cost: 2024—$298) 298 0    
Other invested assets 713 577    
Total investments 28,378 25,357    
Investment income receivable 222 192    
Land, building and equipment, net, for company use (accumulated depreciation: 2024—$174; 2023—$164) 214 208    
Other assets 828 681    
Total assets 36,501 32,769    
Liabilities        
Deferred federal income tax 1,932 1,705    
Long-term debt 790 790    
Other liabilities 1,487 1,311    
Total liabilities 22,566 20,671    
Shareholders' Equity        
Common stock 397 397    
Paid-in capital 1,502 1,437    
Retained earnings 14,869 13,084    
Accumulated other comprehensive loss (309) (435)    
Treasury stock at cost (2,524) (2,385)    
Total shareholders' equity 13,935 12,098 $ 10,562  
Total liabilities and shareholders' equity 36,501 32,769    
Cincinnati Financial Corporation        
Investments        
Fair value of fixed maturities 173 176    
Fair value of equity securities 4,565 4,544    
Short-term investments, at fair value (amortized cost: 2024—$298) 298 0    
Other invested assets 40 49    
Total investments 5,076 4,769    
Cash and cash equivalents 167 138 $ 121 $ 211
Equity in net assets of subsidiaries 10,015 8,481    
Investment income receivable 14 13    
Land, building and equipment, net, for company use (accumulated depreciation: 2024—$174; 2023—$164) 142 138    
Income tax receivable 9 4    
Other assets 201 150    
Due from subsidiaries 53 40    
Total assets 15,677 13,733    
Liabilities        
Dividends declared but unpaid 127 118    
Deferred federal income tax 697 624    
Long-term debt 790 789    
Other liabilities 128 104    
Total liabilities 1,742 1,635    
Shareholders' Equity        
Common stock 397 397    
Paid-in capital 1,502 1,437    
Retained earnings 14,869 13,084    
Accumulated other comprehensive loss (309) (435)    
Treasury stock at cost (2,524) (2,385)    
Total shareholders' equity 13,935 12,098    
Total liabilities and shareholders' equity $ 15,677 $ 13,733