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Valuation And Qualifying Accounts
 12 Months Ended
Dec. 31, 2024
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,
 202420232022
Allowance for credit losses (1):   
Beginning balance, January 1$36 $17 $16 
Additions charged to costs and expenses43 33 15 
Deductions(26)(14)(14)
Ending balance, December 31$53 $36 $17 
Deferred tax valuation allowance:
Beginning balance, January 1$— $31 $53 
Additions charged to costs and expenses— — — 
Deductions— (31)(22)
Ending balance, December 31— — 31 
  Total valuation and qualifying accounts$53 $36 $48 
 Notes to Schedule V:
(1) Includes allowances for credit losses related to premiums receivable, reinsurance recoverable, finance receivables and fixed-maturity securities.