Company: AFGC
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001042046-25-000020
Chunk: 2

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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) on cash flow hedges arising during the period1 (10)Reclassification adjustment for investment income included in net earnings2 5 Total net unrealized gains (losses) on cash flow hedges3 (5)Foreign currency translation adjustments(3)— Other comprehensive income, net of tax61 4 Comprehensive income$215 $246 

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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 December 31, 202483,978,258 $1,495 $3,211 $(240)$4,466 Net earnings— — 154 — 154 Other comprehensive income— — — 61 61 Dividends ($2.80 per share)— — (234)— (234)Shares issued:Exercise of stock options18,932 1 — — 1 Restricted stock awards166,297 — — — — Other benefit plans15,657 2 — — 2 Dividend reinvestment plan7,020 1 — — 1 Stock-based compensation expense— 4 — — 4 Shares acquired and retired(462,398)(9)(49)— (58)Shares exchanged — benefit plans(42,809)(1)(4)— (5)Forfeitures of restricted stock(12,504)— — — — Balance at March 31, 202583,668,453 $1,493 $3,078 $(179)$4,392 Balance at December 31, 202383,635,807 $1,456 $3,121 $(319)$4,258 Net earnings— — 242 — 242 Other comprehensive income— — — 4 4 Dividends ($3.21 per share)— — (269)— (269)Shares issued:Exercise of stock options92,851 4 — — 4 Restricted stock awards157,681 — — — —