Consolidated Balance Sheets - USD ($) $ in Millions		Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018
Assets
Fixed maturities (amortized cost: $30,588.2, $24,061.8, and $28,255.9)		$ 31,188.2	$ 28,111.5	$ 23,789.2
Short-term investments (amortized cost: $1,360.9, $3,231.2, and $1,795.9)		1,360.9	1,795.9	3,231.2
Total available-for-sale securities		32,549.1	29,907.4	27,020.4
Nonredeemable preferred stocks (cost: $1,060.3, $677.0, and $1,002.6)		1,130.0	1,033.9	758.6
Common equities (cost: $1,203.7, $1,314.0, and $1,148.9)		3,135.5	2,626.1	3,142.2
Total equity securities		4,265.5	3,660.0	3,900.8
Total investments		36,814.6	33,567.4	30,921.2
Cash and cash equivalents		91.9	69.5	154.8
Restricted cash		1.0	5.5	2.9
Cash and cash equivalents		92.9	75.0	157.7
Accrued investment income		187.5	190.8	146.3
Premiums receivable, net of allowance for doubtful accounts of $240.7, $210.5, and $252.1		7,167.1	6,497.1	6,230.2
Reinsurance recoverables		3,051.5	2,696.1	2,410.7
Prepaid reinsurance premiums		338.0	309.7	289.8
Deferred acquisition costs		1,047.4	951.6	895.7
Property and equipment, net of accumulated depreciation of $1,105.6, $984.7, and $1,033.2		1,174.9	1,131.7	1,116.4
Goodwill		452.7	452.7	452.7
Intangible assets, net of accumulated amortization of $283.6, $211.7, and $247.7		258.7	294.6	330.6
Net deferred income taxes		0.0	43.2	0.0
Other assets		738.9	365.1	412.2
Total assets		51,324.2	46,575.0	43,363.5
Liabilities
Unearned premiums		11,796.7	10,686.5	10,245.9
Loss and loss adjustment expense reserves		16,568.6	15,400.8	14,070.8
Net deferred income taxes		134.5	0.0	46.0
Accounts payable, accrued expenses, and other liabilities		4,867.5	5,046.5	3,922.3
Debt	[1]	4,406.0	4,404.9	3,859.5
Total liabilities		37,773.3	35,538.7	32,144.5
Redeemable noncontrolling interest (NCI)	[2]	220.1	214.5	218.2
Shareholders’ Equity
Serial Preferred Shares, Series B, no par value (cumulative, liquidation preference $1,000 per share) (authorized, issued, and outstanding 0.5)		493.9	493.9	493.9
Common shares, $1.00 par value (authorized 900.0; issued 797.5, including treasury shares of 213.4, 215.0, and 214.3)		584.1	583.2	582.5
Paid-in capital		1,523.3	1,479.0	1,425.9
Retained earnings		10,276.4	8,386.6	8,720.4
Accumulated other comprehensive income (loss):
Net unrealized gains (losses) on fixed-maturity securities		472.9	(105.6)	(210.9)
Net unrealized losses on forecasted transactions		(16.8)	(17.2)	(17.6)
Accumulated other comprehensive (income) loss attributable to NCI		(3.0)	1.9	6.6
Total accumulated other comprehensive income (loss) attributable to Progressive		453.1	(120.9)	(221.9)
Total shareholders’ equity		13,330.8	10,821.8	11,000.8
Total liabilities, redeemable NCI, and shareholders’ equity		$ 51,324.2	$ 46,575.0	$ 43,363.5

[1] Consists of long-term debt. See Note 4 – Debt for further discussion.

[2] See Note 12 – Redeemable Noncontrolling Interest for further discussion.