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Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Millions
Total
Voting Preferred Stock
Preferred Shares, No Par Value
Common Shares, $1.00 Par Value
Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss) Attributable to Progressive
Serial Preferred Stock
Serial Preferred Stock
Series B Preferred Stock
Balance, beginning of year at Dec. 31, 2018     $ 493.9 $ 583.2 $ 1,479.0 $ 8,386.6 $ (120.9)    
Treasury shares purchased       (1.3) (3.2) (86.8)      
Net restricted equity awards issued/vested       2.7 (2.7)        
Amortization of equity-based compensation         90.1        
Reinvested dividends on restricted stock units         10.6 (10.6)      
Adjustment to carrying amount of redeemable noncontrolling interest $ 0.3       (0.4)        
Net income attributable to Progressive 3,970.3         3,970.3      
Cash dividends declared on common shares ($1.90, $4.90, and $2.65 per share)1 [1]           (1,548.4)      
Cash dividends declared on Serial Preferred Shares, Series B ($53.75, $80.625, and $53.75 per share)1 [1]           (26.8)      
Other, net           (4.7)      
Attributable to noncontrolling interest (4.6)           (4.6)    
Other comprehensive income (loss)             467.2    
Balance, end of year at Dec. 31, 2019 $ 13,673.2   493.9 584.6 1,573.4 10,679.6 341.7    
Common shares, dividends declared (USD per share) $ 2.65                
Preferred shares, dividends declared (USD per share)                 $ 53.75
Preferred stock, par value                 0
Common Shares, par value (USD per share) $ 1.00                
Preferred shares, authorized (in shares)   5,000,000              
Preferred shares, issued (in shares)   0              
Treasury shares purchased       (1.3) (3.6) (106.7)      
Net restricted equity awards issued/vested       1.9 (1.9)        
Amortization of equity-based compensation         89.4        
Reinvested dividends on restricted stock units         18.2 (18.2)      
Adjustment to carrying amount of redeemable noncontrolling interest $ 0.0       (2.6)        
Net income attributable to Progressive 5,704.6         5,704.6      
Cash dividends declared on common shares ($1.90, $4.90, and $2.65 per share)1 [1]           (2,865.9)      
Cash dividends declared on Serial Preferred Shares, Series B ($53.75, $80.625, and $53.75 per share)1 [1]           (40.2)      
Other, net           1.7      
Attributable to noncontrolling interest 0.0           2.7    
Other comprehensive income (loss)             587.3    
Balance, end of year at Dec. 31, 2020 $ 17,038.6   493.9 585.2 1,672.9 13,354.9 931.7    
Common shares, dividends declared (USD per share) $ 4.90                
Preferred shares, dividends declared (USD per share)                 80.625
Preferred stock, par value                 $ 0
Common Shares, par value (USD per share) $ 1.00                
Preferred shares, authorized (in shares)   5,000,000           20,000,000.0 500,000
Preferred shares, issued (in shares)   0             500,000
Treasury shares purchased       (2.4) (7.1) (213.5)      
Net restricted equity awards issued/vested       1.6 (1.6)        
Amortization of equity-based compensation         100.7        
Reinvested dividends on restricted stock units         8.0 (8.0)      
Adjustment to carrying amount of redeemable noncontrolling interest $ 0.0       0.0        
Net income attributable to Progressive 3,350.9         3,350.9      
Cash dividends declared on common shares ($1.90, $4.90, and $2.65 per share)1 [1]           (1,109.0)      
Cash dividends declared on Serial Preferred Shares, Series B ($53.75, $80.625, and $53.75 per share)1 [1]           (26.8)      
Other, net           (8.8)      
Attributable to noncontrolling interest 0.0           0.0    
Other comprehensive income (loss)             (891.0)    
Balance, end of year at Dec. 31, 2021 $ 18,231.6   $ 493.9 $ 584.4 $ 1,772.9 $ 15,339.7 $ 40.7    
Common shares, dividends declared (USD per share) $ 1.90                
Preferred shares, dividends declared (USD per share)                 $ 53.75
Preferred stock, par value                 $ 0
Common Shares, par value (USD per share) $ 1.00                
Preferred shares, authorized (in shares)   5,000,000           20,000,000.0 500,000
Preferred shares, issued (in shares)   0             500,000
[1] See Note 14 – Dividends for further discussion.