Consolidated Balance Sheets - USD ($) $ in Millions		Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018
Assets
Fixed maturities (amortized cost: $32,134.9, $25,963.4, and $28,255.9)		$ 32,812.7	$ 28,111.5	$ 25,642.7
Short-term investments (amortized cost: $1,467.4, $2,809.7, and $1,795.9)		1,467.4	1,795.9	2,809.7
Total available-for-sale securities		34,280.1	29,907.4	28,452.4
Nonredeemable preferred stocks (cost: $1,054.2, $758.9, and $1,002.6)		1,128.5	1,033.9	840.9
Common equities (cost: $1,210.3, $1,135.0, and $1,148.9)		3,165.1	2,626.1	3,057.3
Total equity securities		4,293.6	3,660.0	3,898.2
Total investments		38,573.7	33,567.4	32,350.6
Cash and cash equivalents		45.9	69.5	121.9
Restricted cash		0.3	5.5	0.8
Cash and cash equivalents		46.2	75.0	122.7
Accrued investment income		182.5	190.8	159.5
Premiums receivable, net of allowance for doubtful accounts of $258.8, $230.1, and $252.1		7,687.2	6,497.1	6,776.6
Reinsurance recoverables		3,298.4	2,696.1	2,490.5
Prepaid reinsurance premiums		458.8	309.7	379.6
Deferred acquisition costs		1,093.7	951.6	962.7
Property and equipment, net of accumulated depreciation of $1,085.3, $1,004.6, and $1,033.2		1,214.2	1,131.7	1,139.3
Goodwill		452.7	452.7	452.7
Intangible assets, net of accumulated amortization of $299.4, $229.7, and $247.7		242.9	294.6	312.6
Net deferred income taxes		0.0	43.2	0.0
Other assets		757.8	365.1	396.9
Total assets		54,008.1	46,575.0	45,543.7
Liabilities
Unearned premiums		12,526.5	10,686.5	11,009.2
Loss and loss adjustment expense reserves		17,370.0	15,400.8	14,620.8
Net deferred income taxes		136.0	0.0	53.5
Accounts payable, accrued expenses, and other liabilities		5,222.9	5,046.5	3,924.1
Debt	[1]	4,406.5	4,404.9	3,859.9
Total liabilities		39,661.9	35,538.7	33,467.5
Redeemable noncontrolling interest (NCI)	[2]	222.9	214.5	217.4
Shareholders’ Equity
Serial Preferred Shares, Series B, no par value (cumulative, liquidation preference $1,000 per share) (authorized, issued, and outstanding 0.5)		493.9	493.9	493.9
Common shares, $1.00 par value (authorized 900.0; issued 797.5, including treasury shares of 212.9, 214.4, and 214.3)		584.6	583.2	583.1
Paid-in capital		1,539.1	1,479.0	1,443.4
Retained earnings		10,995.2	8,386.6	9,602.1
Accumulated other comprehensive income (loss):
Net unrealized gains (losses) on fixed-maturity securities		531.0	(105.6)	(249.9)
Net unrealized losses on forecasted transactions		(16.6)	(17.2)	(17.4)
Accumulated other comprehensive (income) loss attributable to NCI		(3.9)	1.9	3.6
Total accumulated other comprehensive income (loss) attributable to Progressive		510.5	(120.9)	(263.7)
Total shareholders’ equity		14,123.3	10,821.8	11,858.8
Total liabilities, redeemable NCI, and shareholders’ equity		$ 54,008.1	$ 46,575.0	$ 45,543.7

[1] Consists of long-term debt. See Note 4 – Debt for further discussion.

[2] See Note 12 – Redeemable Noncontrolling Interest for further discussion.