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Condensed Consolidated Statements of Shareholders’ Equity (unaudited) - USD ($)
$ in Millions
Total
Preferred stock par value
Preferred stock additional capital paid-in
Common stock par value
Common stock additional capital paid-in
Retained income
Treasury stock
Accumulated other comprehensive income
Noncontrolling interest
Increase (decrease) in equity                  
Total equity     $ 1,970   $ 3,498 $ 52,767 $ (31,331) $ 3,304 $ 0
Balance, beginning of period at Dec. 31, 2020     1,970   3,498 52,767 (31,331) 3,304 0
Increase (decrease) in equity                  
Acquisition     450           (14)
Preferred stock redemption     (250)            
Forward contract on accelerated share repurchase agreement         113        
Equity incentive plans activity         57        
Net (loss) income $ 244         244     0
Dividends on common stock (declared per share of $0.85, $0.81, $1.70 and $1.62)           (490)      
Dividends on preferred stock           (57)      
Shares acquired             (1,163)    
Shares reissued under equity incentive plans, net             100    
Change in unrealized net capital gains and losses (1,016)             (1,016) (1)
Change in unrealized foreign currency translation adjustments 31             31  
Change in unamortized pension and other postretirement prior service credit (29)             (29)  
Balance, end of period at Jun. 30, 2021 28,192 $ 0 2,170 $ 9 3,668 52,464 (32,394) 2,290 (15)
Increase (decrease) in equity                  
Total equity     2,170   3,596 51,107 (31,886) 1,823 (27)
Balance, beginning of period at Mar. 31, 2021     2,170   3,596 51,107 (31,886) 1,823 (27)
Increase (decrease) in equity                  
Acquisition     0           7
Preferred stock redemption     0            
Forward contract on accelerated share repurchase agreement         0        
Equity incentive plans activity         72        
Net (loss) income 1,631         1,631     6
Dividends on common stock (declared per share of $0.85, $0.81, $1.70 and $1.62)           (244)      
Dividends on preferred stock           (30)      
Shares acquired             (562)    
Shares reissued under equity incentive plans, net             54    
Change in unrealized net capital gains and losses 484             484 (1)
Change in unrealized foreign currency translation adjustments (3)             (3)  
Change in unamortized pension and other postretirement prior service credit (14)             (14)  
Balance, end of period at Jun. 30, 2021 28,192 0 2,170 9 3,668 52,464 (32,394) 2,290 (15)
Increase (decrease) in equity                  
Total Allstate shareholders’ equity 28,207                
Total equity 28,192 0 2,170 9 3,668 52,464 (32,394) 2,290 (15)
Total Allstate shareholders’ equity 25,179                
Total equity 25,127   1,970   3,722 53,294 (34,471) 655 (52)
Balance, beginning of period at Dec. 31, 2021 25,127   1,970   3,722 53,294 (34,471) 655 (52)
Increase (decrease) in equity                  
Acquisition     0           0
Preferred stock redemption     0            
Forward contract on accelerated share repurchase agreement         0        
Equity incentive plans activity         18        
Net (loss) income (378)         (359)     (19)
Dividends on common stock (declared per share of $0.85, $0.81, $1.70 and $1.62)           (470)      
Dividends on preferred stock           (53)      
Shares acquired             (1,477)    
Shares reissued under equity incentive plans, net             90    
Change in unrealized net capital gains and losses (2,736)             (2,736) (20)
Change in unrealized foreign currency translation adjustments (47)             (47)  
Change in unamortized pension and other postretirement prior service credit (30)             (30)  
Balance, end of period at Jun. 30, 2022 20,024 0 1,970 9 3,740 52,412 (35,858) (2,158) (91)
Increase (decrease) in equity                  
Total equity     1,970   3,706 53,688 (35,208) (953) (74)
Balance, beginning of period at Mar. 31, 2022     1,970   3,706 53,688 (35,208) (953) (74)
Increase (decrease) in equity                  
Acquisition     0           0
Preferred stock redemption     0            
Forward contract on accelerated share repurchase agreement         0        
Equity incentive plans activity         34        
Net (loss) income (1,024)         (1,015)     (9)
Dividends on common stock (declared per share of $0.85, $0.81, $1.70 and $1.62)           (234)      
Dividends on preferred stock           (27)      
Shares acquired             (683)    
Shares reissued under equity incentive plans, net             33    
Change in unrealized net capital gains and losses (1,143)             (1,143) (8)
Change in unrealized foreign currency translation adjustments (47)             (47)  
Change in unamortized pension and other postretirement prior service credit (15)             (15)  
Balance, end of period at Jun. 30, 2022 20,024 0 1,970 9 3,740 52,412 (35,858) (2,158) (91)
Increase (decrease) in equity                  
Total Allstate shareholders’ equity 20,115                
Total equity $ 20,024 $ 0 $ 1,970 $ 9 $ 3,740 $ 52,412 $ (35,858) $ (2,158) $ (91)