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Condensed Consolidated Statements of Shareholders’ Equity (unaudited) - USD ($)
$ in Millions
Total
Preferred Stock
Preferred stock additional capital paid-in
Common stock par value
Common stock additional capital paid-in
Retained income
Retained income
Cumulative effect of change in accounting principle
Treasury stock
Accumulated other comprehensive income (loss)
Noncontrolling Interest
Increase (decrease) in equity                    
Total equity     $ 2,248   $ 3,463 $ 48,074 $ (88) $ (29,746) $ 1,950 $ 0
Balance, beginning of period at Dec. 31, 2019     2,248   3,463 48,074 (88) (29,746) 1,950 0
Increase (decrease) in equity                    
Acquisition     0             0
Preferred stock redemption     (278)              
Forward contract on accelerated share repurchase agreement         (38)          
Equity incentive plans activity         28          
Net income $ 2,952         2,952       0
Dividends on common stock (declared per share of $0.81, $0.54, $2.43 and $1.62)           (513)        
Dividends on preferred stock           (89)        
Shares acquired               (1,700)    
Shares reissued under equity incentive plans, net               108    
Change in unrealized net capital gains and losses 857               857 0
Change in unrealized foreign currency translation adjustments (5)               (5)  
Change in unamortized pension and other postretirement prior service credit 31               31  
Balance, end of period at Sep. 30, 2020 27,263 $ 0 1,970 $ 9 3,453 50,336   (31,338) 2,833 0
Increase (decrease) in equity                    
Total equity     1,970   3,541 49,380 0 (30,542) 2,628 0
Balance, beginning of period at Jun. 30, 2020     1,970   3,541 49,380 0 (30,542) 2,628 0
Increase (decrease) in equity                    
Acquisition     0             0
Preferred stock redemption     0              
Forward contract on accelerated share repurchase agreement         (113)          
Equity incentive plans activity         25          
Net income 1,153         1,153       0
Dividends on common stock (declared per share of $0.81, $0.54, $2.43 and $1.62)           (170)        
Dividends on preferred stock           (27)        
Shares acquired               (798)    
Shares reissued under equity incentive plans, net               2    
Change in unrealized net capital gains and losses 142               142 0
Change in unrealized foreign currency translation adjustments 25               25  
Change in unamortized pension and other postretirement prior service credit 38               38  
Balance, end of period at Sep. 30, 2020 27,263 0 1,970 9 3,453 50,336   (31,338) 2,833 0
Increase (decrease) in equity                    
Total Allstate shareholders’ equity 27,263                  
Total equity 27,263 0 1,970 9 3,453 50,336   (31,338) 2,833 0
Total Allstate shareholders’ equity 30,217                  
Total equity 30,217   1,970   3,498 52,767 0 (31,331) 3,304 0
Balance, beginning of period at Dec. 31, 2020 30,217   1,970   3,498 52,767 0 (31,331) 3,304 0
Increase (decrease) in equity                    
Acquisition     450             (1)
Preferred stock redemption     (450)              
Forward contract on accelerated share repurchase agreement         113          
Equity incentive plans activity         89          
Net income 775         782       (7)
Dividends on common stock (declared per share of $0.81, $0.54, $2.43 and $1.62)           (726)        
Dividends on preferred stock           (87)        
Shares acquired               (2,390)    
Shares reissued under equity incentive plans, net               117    
Change in unrealized net capital gains and losses (1,352)               (1,352) (14)
Change in unrealized foreign currency translation adjustments 10               10  
Change in unamortized pension and other postretirement prior service credit (44)               (44)  
Balance, end of period at Sep. 30, 2021 26,707 0 1,970 9 3,700 52,736   (33,604) 1,918 (22)
Increase (decrease) in equity                    
Total equity     2,170   3,668 52,464 0 (32,394) 2,290 (15)
Balance, beginning of period at Jun. 30, 2021     2,170   3,668 52,464 $ 0 (32,394) 2,290 (15)
Increase (decrease) in equity                    
Acquisition     0             0
Preferred stock redemption     (200)              
Forward contract on accelerated share repurchase agreement         0          
Equity incentive plans activity         32          
Net income 531         538       (7)
Dividends on common stock (declared per share of $0.81, $0.54, $2.43 and $1.62)           (236)        
Dividends on preferred stock           (30)        
Shares acquired               (1,227)    
Shares reissued under equity incentive plans, net               17    
Change in unrealized net capital gains and losses (336)               (336) 0
Change in unrealized foreign currency translation adjustments (21)               (21)  
Change in unamortized pension and other postretirement prior service credit (15)               (15)  
Balance, end of period at Sep. 30, 2021 26,707 0 1,970 9 3,700 52,736   (33,604) 1,918 (22)
Increase (decrease) in equity                    
Total Allstate shareholders’ equity 26,729                  
Total equity $ 26,707 $ 0 $ 1,970 $ 9 $ 3,700 $ 52,736   $ (33,604) $ 1,918 $ (22)