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Consolidated Statements of Changes in Shareholders' Equity Statement - USD ($)
$ in Millions
Total
Serial Preferred Stock
Preferred Shares, No Par Value
Common Shares, $1.00 Par Value
Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss) Attributable to Progressive
Series B Preferred Stock
Serial Preferred Stock
Voting Preference Shares
Common Stock, Dividends, Per Share, Declared $ 0.20                
Preferred Stock, Dividends Per Share, Declared               $ 26.875  
Balance, Beginning of period at Dec. 31, 2019     $ 493.9 $ 584.6 $ 1,573.4 $ 10,679.6 $ 341.7    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income $ 2,489.5         2,489.5      
Treasury shares purchased       (0.4) (1.0) (27.7)      
Cash dividends declared on common shares ($0.10, $0.10, $0.20, and $0.20 per share)           (116.8)      
Cash dividends declared on Serial Preferred Shares, Series B ($0, $0, $0, and $26.875 per share)           (13.4)      
Reinvested dividends on restricted stock units         0.7 (0.7)      
Net restricted equity awards issued/vested       1.2 (1.2)        
Amortization of equity-based compensation         45.2        
Adjustment to carrying amount of redeemable noncontrolling interest         (2.6)        
Attributable to noncontrolling interest             2.7    
Other comprehensive income (loss) 630.6           630.6    
Other, net           (8.7)      
Balance, End of period at Jun. 30, 2020 $ 16,670.6   493.9 585.4 1,614.5 13,001.8 975.0    
Common Stock, Dividends, Per Share, Declared $ 0.10                
Preferred Stock, Dividends Per Share, Declared               0  
Balance, Beginning of period at Mar. 31, 2020     493.9 585.3 1,601.9 11,266.2 404.2    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income $ 1,790.4         1,790.4      
Treasury shares purchased       (0.1) 0.0 (2.5)      
Cash dividends declared on common shares ($0.10, $0.10, $0.20, and $0.20 per share)           (58.4)      
Cash dividends declared on Serial Preferred Shares, Series B ($0, $0, $0, and $26.875 per share)           0.0      
Reinvested dividends on restricted stock units         0.4 (0.4)      
Net restricted equity awards issued/vested       0.2 (0.2)        
Amortization of equity-based compensation         21.9        
Adjustment to carrying amount of redeemable noncontrolling interest         (9.5)        
Attributable to noncontrolling interest             3.2    
Other comprehensive income (loss) 567.6           567.6    
Other, net           6.5      
Balance, End of period at Jun. 30, 2020 $ 16,670.6   493.9 585.4 1,614.5 13,001.8 975.0    
Preferred Stock, No Par Value               $ 0  
Preferred Stock, Shares Authorized (shares)   20,000,000.0           500,000 5,000,000.0
Preferred Stock, Shares Issued (shares)               500,000 0
Common Shares, par value (USD per share) $ 1.00                
Preferred Stock, No Par Value               $ 0  
Preferred Stock, Shares Authorized (shares)   20,000,000.0           500,000  
Preferred Stock, Shares Issued (shares)               500,000  
Common Shares, par value (USD per share) 1.00                
Common Stock, Dividends, Per Share, Declared $ 0.20                
Preferred Stock, Dividends Per Share, Declared               $ 0  
Balance, Beginning of period at Dec. 31, 2020 $ 17,038.6   493.9 585.2 1,672.9 13,354.9 931.7    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 2,270.1         2,270.1      
Treasury shares purchased       (1.1) (3.0) (91.3)      
Cash dividends declared on common shares ($0.10, $0.10, $0.20, and $0.20 per share)           (116.8)      
Cash dividends declared on Serial Preferred Shares, Series B ($0, $0, $0, and $26.875 per share)           0.0      
Reinvested dividends on restricted stock units         0.8 (0.8)      
Net restricted equity awards issued/vested       1.1 (1.1)        
Amortization of equity-based compensation         42.7        
Adjustment to carrying amount of redeemable noncontrolling interest         0.0        
Attributable to noncontrolling interest             0.0    
Other comprehensive income (loss) (448.5)           (448.5)    
Other, net           (15.1)      
Balance, End of period at Jun. 30, 2021 $ 18,675.6   493.9 585.2 1,712.3 15,401.0 483.2    
Common Stock, Dividends, Per Share, Declared $ 0.10                
Preferred Stock, Dividends Per Share, Declared               0  
Balance, Beginning of period at Mar. 31, 2021     493.9 585.2 1,685.5 14,679.6 392.3    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income $ 790.1         790.1      
Treasury shares purchased       (0.2) (0.3) (10.1)      
Cash dividends declared on common shares ($0.10, $0.10, $0.20, and $0.20 per share)           (58.4)      
Cash dividends declared on Serial Preferred Shares, Series B ($0, $0, $0, and $26.875 per share)           0.0      
Reinvested dividends on restricted stock units         0.4 (0.4)      
Net restricted equity awards issued/vested       0.2 (0.2)        
Amortization of equity-based compensation         26.9        
Adjustment to carrying amount of redeemable noncontrolling interest         0.0        
Attributable to noncontrolling interest             0.0    
Other comprehensive income (loss) 90.9           90.9    
Other, net           0.2      
Balance, End of period at Jun. 30, 2021 $ 18,675.6   $ 493.9 $ 585.2 $ 1,712.3 $ 15,401.0 $ 483.2    
Preferred Stock, No Par Value               $ 0  
Preferred Stock, Shares Authorized (shares)   20,000,000.0           500,000 5,000,000.0
Preferred Stock, Shares Issued (shares)               500,000 0
Common Shares, par value (USD per share) $ 1.00