Company: AFGC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001042046-25-000024
Chunk: 2

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (UNAUDITED)

(In Millions)

Three months ended June 30,Six months ended June 30,2025202420252024Net earnings$174 $209 $328 $451 Other comprehensive income (loss), net of tax:Net unrealized gains (losses) on securities:Unrealized holding gains (losses) on securities arising during the period34 (13)89 (8)Reclassification adjustment for realized (gains) losses included in net earnings6 1 12 5 Total net unrealized gains (losses) on securities40 (12)101 (3)Net unrealized gains (losses) on cash flow hedges:Unrealized holding gains (losses) on cash flow hedges arising during the period— (4)1 (14)Reclassification adjustment for investment income included in net earnings2 6 4 11 Total net unrealized gains (losses) on cash flow hedges2 2 5 (3)Foreign currency translation adjustments5 (6)2 (6)Other comprehensive income (loss), net of tax47 (16)108 (12)Comprehensive income$221 $193 $436 $439 

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Table of ContentsAMERICAN FINANCIAL GROUP, INC. 10-Q

AMERICAN FINANCIAL GROUP, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED)

(Dollars in Millions)Shareholders’ EquityCommon SharesCommon Stock and Capital SurplusRetained EarningsAccumulated Other Comp. Income (Loss)TotalBalance at March 31, 202583,668,453 $1,493 $3,078 $(179)$4,392 Net earnings— — 174 — 174 Other comprehensive income— — — 47 47 Dividends ($0.80 per share)— — (68)— (68)Shares issued:Exercise of stock options— — — — — Restricted stock awards— — — — — Other benefit plans37,907 5 — — 5 Dividend reinvestment plan2,076 — — — — Stock-based compensation expense