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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 (loss)
Noncontrolling interest
Increase (decrease) in equity                  
Total equity     $ 1,970   $ 3,722 $ 53,288 $ (34,471) $ 426 $ (52)
Balance, beginning of period at Dec. 31, 2021     1,970   3,722 53,288 (34,471) 426 (52)
Increase (decrease) in equity                  
Preferred stock issuance, net of issuance costs     0            
Preferred stock redemption     0            
Equity incentive plans activity         18        
Net loss $ (372)         (353)     (19)
Dividends on common stock (declared per share of $0.89, $0.85, $1.78 and $1.70)           (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 (2,738)             (2,738) (20)
Change in unrealized foreign currency translation adjustments (47)             (47)  
Change in unamortized pension and other postretirement prior service credit (30)             (30)  
Change in discount rate for reserve for future policy benefits 180             180  
Balance, end of period at Jun. 30, 2022 19,973 $ 0 1,970 $ 9 3,740 52,412 (35,858) (2,209) (91)
Increase (decrease) in equity                  
Total equity     1,970   3,706 53,686 (35,208) (1,088) (74)
Balance, beginning of period at Mar. 31, 2022     1,970   3,706 53,686 (35,208) (1,088) (74)
Increase (decrease) in equity                  
Preferred stock issuance, net of issuance costs     0            
Preferred stock redemption     0            
Equity incentive plans activity         34        
Net loss (1,022)         (1,013)     (9)
Dividends on common stock (declared per share of $0.89, $0.85, $1.78 and $1.70)           (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 (1,144)             (1,144) (8)
Change in unrealized foreign currency translation adjustments (47)             (47)  
Change in unamortized pension and other postretirement prior service credit (15)             (15)  
Change in discount rate for reserve for future policy benefits 85             85  
Balance, end of period at Jun. 30, 2022 19,973 0 1,970 9 3,740 52,412 (35,858) (2,209) (91)
Increase (decrease) in equity                  
Total Allstate shareholders’ equity 20,064                
Total equity 19,973 0 1,970 9 3,740 52,412 (35,858) (2,209) (91)
Total Allstate shareholders’ equity 17,488                
Total equity 17,363   1,970   3,788 50,970 (36,857) (2,392) (125)
Balance, beginning of period at Dec. 31, 2022 17,363   1,970   3,788 50,970 (36,857) (2,392) (125)
Increase (decrease) in equity                  
Preferred stock issuance, net of issuance costs     587            
Preferred stock redemption     (556)            
Equity incentive plans activity         (2)        
Net loss (1,696)         (1,672)     (24)
Dividends on common stock (declared per share of $0.89, $0.85, $1.78 and $1.70)           (469)      
Dividends on preferred stock           (63)      
Shares acquired             (307)    
Shares reissued under equity incentive plans, net             33    
Change in unrealized net capital gains and losses 410             410 4
Change in unrealized foreign currency translation adjustments 78             78  
Change in unamortized pension and other postretirement prior service credit (9)             (9)  
Change in discount rate for reserve for future policy benefits (1)                
Balance, end of period at Jun. 30, 2023 15,372 0 2,001 9 3,786 48,766 (37,131) (1,914) (145)
Increase (decrease) in equity                  
Total equity     1,970   3,780 50,388 (36,980) (1,673) (121)
Balance, beginning of period at Mar. 31, 2023     1,970   3,780 50,388 (36,980) (1,673) (121)
Increase (decrease) in equity                  
Preferred stock issuance, net of issuance costs     587            
Preferred stock redemption     (556)            
Equity incentive plans activity         6        
Net loss (1,375)         (1,352)     (23)
Dividends on common stock (declared per share of $0.89, $0.85, $1.78 and $1.70)           (233)      
Dividends on preferred stock           (37)      
Shares acquired             (154)    
Shares reissued under equity incentive plans, net             3    
Change in unrealized net capital gains and losses (272)             (272) (1)
Change in unrealized foreign currency translation adjustments 28             28  
Change in unamortized pension and other postretirement prior service credit (5)             (5)  
Change in discount rate for reserve for future policy benefits 8             8  
Balance, end of period at Jun. 30, 2023 15,372 0 2,001 9 3,786 48,766 (37,131) (1,914) (145)
Increase (decrease) in equity                  
Total Allstate shareholders’ equity 15,517                
Total equity $ 15,372 $ 0 $ 2,001 $ 9 $ 3,786 $ 48,766 $ (37,131) $ (1,914) $ (145)