Earnings per Common Share (Tables)

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Computation of basic and diluted earnings per common share

Computation of basic and diluted earnings per common share
(In millions, except per share data)	Three months ended June 30,				Six months ended June 30,
	2021		2020		2021		2020
Numerator:
Net income from continuing operations	$	1,435	$	1,106	$	3,841	$	1,943
Less: Net income attributable to noncontrolling interest	6		—		—		—
Net income from continuing operations attributable to Allstate	1,429		1,106		3,841		1,943
Less: Preferred stock dividends	30		26		57		62
Net income from continuing operations applicable to common shareholders	1,399		1,080		3,784		1,881
Income (loss) from discontinued operations, net of tax	196		144		(3,597)		(144)
Net income applicable to common shareholders	$	1,595	$	1,224	$	187	$	1,737
Denominator:
Weighted average common shares outstanding	298.8		313.7		300.6		315.6
Effect of dilutive potential common shares:
Stock options	3.2		2.1		2.8		2.7
Restricted stock units (non-participating) and performance stock awards	1.3		1.2		1.5		1.5
Weighted average common and dilutive potential common shares outstanding	303.3		317.0		304.9		319.8
Earnings per common share applicable to common shareholders
Basic
Continuing operations	$	4.68	$	3.44	$	12.59	$	5.96
Discontinued operations	0.66		0.46		(11.97)		(0.46)
Total	$	5.34	$	3.90	$	0.62	$	5.50
Diluted
Continuing operations	$	4.61	$	3.41	$	12.41	$	5.88
Discontinued operations	0.65		0.45		(11.80)		(0.45)
Total	$	5.26	$	3.86	$	0.61	$	5.43
Anti-dilutive options excluded from diluted earnings per common share	0.8		3.2		2.0		1.4