Earnings per Common Share (Tables)

3 Months Ended

Mar. 31, 2022

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 March 31,
	2022		2021
Numerator:
Net income from continuing operations	$	646	$	2,406
Less: Net loss attributable to noncontrolling interest	(10)		(6)
Net income from continuing operations attributable to Allstate	656		2,412
Less: Preferred stock dividends	26		27
Net income from continuing operations applicable to common shareholders	630		2,385
Income (loss) from discontinued operations, net of tax	—		(3,793)
Net income (loss) applicable to common shareholders	$	630	$	(1,408)
Denominator:
Weighted average common shares outstanding	278.1		302.5
Effect of dilutive potential common shares:
Stock options	2.6		2.5
Restricted stock units (non-participating) and performance stock awards	1.1		1.4
Weighted average common and dilutive potential common shares outstanding	281.8		306.4
Earnings per common share applicable to common shareholders
Basic
Continuing operations	$	2.27	$	7.88
Discontinued operations	—		(12.53)
Total	$	2.27	$	(4.65)
Diluted
Continuing operations	$	2.24	$	7.78
Discontinued operations	—		(12.38)
Total	$	2.24	$	(4.60)
Anti-dilutive options excluded from diluted earnings per common share	1.2		2.2