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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Statement of Cash Flows [Abstract]    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 664.1 $ 614.7
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 49.7 46.7
Amortization of intangible assets 15.7 0.0
Amortization of fixed-income securities 43.5 38.1
Amortization of equity-based compensation 26.5 29.8
Net realized (gains) losses on securities (109.0) (159.8)
Net (gains) losses on disposition of property and equipment 0.7 3.3
Changes in:    
Premiums receivable (300.5) (255.4)
Reinsurance recoverables (116.1) (44.8)
Prepaid reinsurance premiums (1.2) (14.9)
Deferred acquisition costs (46.4) (31.4)
Income taxes (82.9) 53.6
Unearned premiums 652.0 407.7
Loss and loss adjustment expense reserves 537.7 160.1
Accounts payable, accrued expenses, and other liabilities 66.9 164.0
Other, net 29.3 29.5
Net cash provided by operating activities 1,430.0 1,041.2
Purchases:    
Fixed maturities (5,316.7) (3,332.1)
Equity securities (257.2) (176.7)
Sales:    
Fixed maturities 2,780.0 3,329.3
Equity securities 200.4 446.4
Maturities, paydowns, calls, and other:    
Fixed maturities 1,595.1 1,117.8
Equity securities 12.0 14.2
Net sales (purchases) of short-term investments 523.4 (1,846.0)
Net unsettled security transactions 128.4 174.5
Purchases of property and equipment (53.6) (44.7)
Payments to Acquire Businesses, Net of Cash Acquired (752.7) 0.0
Payments to Acquire Additional Interest in Subsidiaries (12.6) 0.0
Sales of property and equipment 7.1 3.1
Net cash used in investing activities (1,146.4) (314.2)
Cash Flows From Financing Activities    
Tax benefit from vesting of equity-based compensation 8.7 10.7
Proceeds from debt issuance 382.0 344.7
Dividends paid to shareholders [1] (403.6) (892.6)
Acquisition of treasury shares (108.1) (140.0)
Net cash used in financing activities (127.8) (677.2)
Repayments of Debt 6.8 0.0
Effect of exchange rate changes on cash (0.4) 1.2
Increase in cash 155.4 51.0
Cash, Beginning of year 108.4 75.1
Cash, End of period 263.8 126.1
Early Repayment of Subordinated Debt $ 0.0 $ 0.0
[1] Progressive maintains an annual dividend program. See Note 8 - Dividends for further discussion.See notes to consolidated financial statements.