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Consolidated Statements of Comprehensive Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues        
Net premiums earned $ 4,303.0 $ 4,054.8 $ 12,759.3 $ 11,912.4
Period over prior year period percent change in net premiums earned 6.00%   7.00%  
Investment income 107.4 109.0 310.1 336.2
Period over prior year period percent change in investment income (1.00%)   (8.00%)  
Other-than-temporary impairment (OTTI) losses:        
Total OTTI losses (1.9) (0.4) (3.6) (6.0)
Period over prior year period percent change in total OTTI losses 375.00%   (40.00%)  
Non-credit losses, net of credit losses recognized on previously recorded non-credit OTTI losses 0 0 (0.1) (0.7)
Period over prior year period percent change in non-credit losses, net of credit losses recognized on previously recorded non-credit OTTI losses     (86.00%)  
Net impairment losses recognized in earnings (1.9) (0.4) (3.7) (6.7)
Period over prior year period percent change in net impairment losses recognized in earnings 375.00%   (45.00%)  
Net realized gains (losses) on securities 29.8 172.3 245.1 251.4
Period over prior year period percent change in net realized gains (losses) on securities (83.00%)   (3.00%)  
Total net realized gains (losses) on securities 27.9 171.9 241.4 244.7
Period over prior year period percent change in total net realized gains (losses) on securities (84.00%)   (1.00%)  
Fees and other revenues 76.0 78.4 215.3 213.5
Period over prior year period percent change in fees and other revenues (3.00%)   1.00%  
Service revenues 11.3 9.9 30.3 28.3
Period over prior year period percent change in service revenues 14.00%   7.00%  
Gains (losses) on extinguishment of debt (4.3) (0.1) (4.3) (1.8)
Period over prior year period percent change in gains (losses) on extinguishment of debt 4200.00%   139.00%  
Total revenues 4,521.3 4,423.9 13,552.1 12,733.3
Period over prior year period percent change in total revenues 2.00%   6.00%  
Expenses        
Losses and loss adjustment expenses 3,164.2 3,068.2 9,266.7 8,874.3
Period over prior year period percent change in losses and loss adjustment expenses 3.00%   4.00%  
Policy acquisition costs 363.1 357.3 1,086.0 1,081.4
Period over prior year period percent change in policy acquisition costs 2.00%   0.00%  
Other underwriting expenses 602.3 542.5 1,769.0 1,681.2
Period over prior year period percent change in other underwriting expenses 11.00%   5.00%  
Investment expenses 5.2 3.3 14.5 11.3
Period over prior year period percent change in investment expenses 58.00%   28.00%  
Service expenses 11.1 9.6 30.1 27.7
Period over prior year period percent change in service expenses 16.00%   9.00%  
Interest expense 30.4 30.6 91.4 93.2
Period over prior year period percent change in interest expense (1.00%)   (2.00%)  
Total expenses 4,176.3 4,011.5 12,257.7 11,769.1
Period over prior year period percent change in total expenses 4.00%   4.00%  
Net Income        
Income before income taxes 345.0 412.4 1,294.4 964.2
Period over prior year period percent change in income before income taxes (16.00%)   34.00%  
Provision for income taxes 112.6 135.4 428.8 311.0
Period over prior year period percent change in provision for income taxes (17.00%)   38.00%  
Net income 232.4 277.0 865.6 653.2
Period over prior year period percent change in net income (16.00%)   33.00%  
Net unrealized gains (losses) on securities:        
Net non-credit related OTTI losses, adjusted for valuation changes 0 1.7 0.3 4.8
Period over prior year period percent change in net non-credit related OTTI losses, adjusted for valuation changes     (94.00%)  
Other net unrealized gains (losses) on securities 57.8 60.6 2.4 209.0
Period over prior year period percent change in other net unrealized gains (losses) on securities (5.00%)   (99.00%)  
Total net unrealized gains (losses) on securities 57.8 62.3 2.7 213.8
Period over prior year period percent change in total net unrealized gains (losses) on securities (7.00%)   (99.00%)  
Net unrealized gains on forecasted transactions (0.9) (0.3) (1.6) (1.5)
Period over prior year period percent change in net unrealized gains on forecasted transactions 200.00%   7.00%  
Foreign currency translation adjustment (0.2) 0.4 (1.2) 0.3
Other comprehensive income (loss) 56.7 62.4 (0.1) 212.6
Period over prior year period percent change in other comprehensive income (loss) (9.00%)      
Comprehensive income $ 289.1 $ 339.4 $ 865.5 $ 865.8
Period over prior year period percent change in comprehensive income (15.00%)   0.00%  
Computation of Net Income Per Share        
Average shares outstanding - Basic (shares) 598.9 601.9 599.7 604.3
Period over prior year period percent change in average shares outstanding - basic 0.00%   (1.00%)  
Net effect of dilutive stock-based compensation (shares) 4.6 4.6 4.2 4.2
Period over prior year period percent change in net effect of dilutive stock-based compensation 0.00%   0.00%  
Total equivalent shares - Diluted (shares) 603.5 606.5 603.9 608.5
Period over prior year period percent change in total equivalent shares - diluted 0.00%   (1.00%)  
Basic: Net income per share (USD per share) $ 0.39 $ 0.46 $ 1.44 $ 1.08
Period over prior year period percent change in basic: net income per share (16.00%)   34.00%  
Diluted: Net income per share (USD per share) $ 0.39 $ 0.46 $ 1.43 $ 1.07
Period over prior year period percent change in diluted: net income per share (16.00%)   34.00%  
Dividends declared per share (USD per share) $ 0 [1] $ 0 [1] $ 0 [1] $ 0 [1]
[1] Progressive maintains an annual dividend program. See Note 8 - Dividends for further discussion.