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Consolidated Statements of Shareholders’ Equity - 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
Retained income
Cumulative effect of change in accounting principle
Treasury stock
Accumulated other comprehensive income (loss)
Accumulated other comprehensive income (loss)
Cumulative effect of change in accounting principle
Noncontrolling interest
Increase (decrease) in equity [Roll forward]                      
Total equity $ (298)   $ 1,970   $ 3,498 $ 52,767 $ (21) $ (31,331) $ 3,304 $ (277) $ 0
Balance, beginning of year at Dec. 31, 2020 (298)   1,970   3,498 52,767 (21) (31,331) 3,304 (277) 0
Increase (decrease) in equity [Roll forward]                      
Acquisition     450               (16)
Preferred stock issuance, net of issuance costs     0                
Preferred stock redemption     (450)                
Forward contract on accelerated share repurchase agreement         113            
Equity incentive plans activity, net         111            
Net (loss) income 1,581         1,614         (33)
Dividends on common stock (declared per share of $3.56, $3.40 and $3.24)           (958)          
Dividends on preferred stock           (114)          
Shares acquired               (3,262)      
Shares reissued under equity incentive plans, net               122      
Change in unrealized net capital gains and losses (2,583)               (2,583)   (3)
Change in unrealized foreign currency translation adjustments (8)               (8)    
Change in unamortized pension and other postretirement prior service credit (59)               (59)    
Change in discount rate for reserve for future policy benefits 49               49    
Balance, end of year at Dec. 31, 2021 24,892 $ 0 1,970 $ 9 3,722 53,288 0 (34,471) 426 0 (52)
Increase (decrease) in equity [Roll forward]                      
Total Allstate shareholders’ equity 24,944                    
Total equity 24,892 0 1,970 9 3,722 53,288 0 (34,471) 426 0 (52)
Acquisition     0               0
Preferred stock issuance, net of issuance costs     0                
Preferred stock redemption     0                
Forward contract on accelerated share repurchase agreement         0            
Equity incentive plans activity, net         66            
Net (loss) income (1,342)         (1,289)         (53)
Dividends on common stock (declared per share of $3.56, $3.40 and $3.24)           (924)          
Dividends on preferred stock           (105)          
Shares acquired               (2,496)      
Shares reissued under equity incentive plans, net               110      
Change in unrealized net capital gains and losses (2,853)               (2,853)   (20)
Change in unrealized foreign currency translation adjustments (150)               (150)    
Change in unamortized pension and other postretirement prior service credit (43)               (43)    
Change in discount rate for reserve for future policy benefits 228               228    
Balance, end of year at Dec. 31, 2022 17,363 0 1,970 9 3,788 50,970 0 (36,857) (2,392) 0 (125)
Increase (decrease) in equity [Roll forward]                      
Total Allstate shareholders’ equity 17,488                    
Total equity 17,363 0 1,970 9 3,788 50,970 $ 0 (36,857) (2,392) $ 0 (125)
Acquisition     0               0
Preferred stock issuance, net of issuance costs     587                
Preferred stock redemption     (556)                
Forward contract on accelerated share repurchase agreement         0            
Equity incentive plans activity, net         66            
Net (loss) income (213)         (188)         (25)
Dividends on common stock (declared per share of $3.56, $3.40 and $3.24)           (938)          
Dividends on preferred stock           (128)          
Shares acquired               (332)      
Shares reissued under equity incentive plans, net               79      
Change in unrealized net capital gains and losses 1,651               1,651   10
Change in unrealized foreign currency translation adjustments 67               67    
Change in unamortized pension and other postretirement prior service credit (16)               (16)    
Change in discount rate for reserve for future policy benefits (10)               (10)    
Balance, end of year at Dec. 31, 2023 17,630 0 2,001 9 3,854 49,716   (37,110) (700)   (140)
Increase (decrease) in equity [Roll forward]                      
Total Allstate shareholders’ equity 17,770                    
Total equity $ 17,630 $ 0 $ 2,001 $ 9 $ 3,854 $ 49,716   $ (37,110) $ (700)   $ (140)