Earnings per Common Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Computation of basic and diluted earnings per common share

Computation of basic and diluted earnings per common share
(In millions, except per share data)	Three months ended September 30,				Nine months ended September 30,
	2021		2020		2021		2020
Numerator:
Net income from continuing operations	$	206	$	1,216	$	4,047	$	3,159
Less: Net loss attributable to noncontrolling interest	(7)		—		(7)		—
Net income from continuing operations attributable to Allstate	213		1,216		4,054		3,159
Less: Preferred stock dividends	30		27		87		89
Net income from continuing operations applicable to common shareholders	183		1,189		3,967		3,070
Income (loss) from discontinued operations, net of tax	325		(63)		(3,272)		(207)
Net income applicable to common shareholders	$	508	$	1,126	$	695	$	2,863
Denominator:
Weighted average common shares outstanding	293.1		311.2		298.1		314.1
Effect of dilutive potential common shares:
Stock options	3.1		1.6		2.9		2.3
Restricted stock units (non-participating) and performance stock awards	1.7		1.3		1.6		1.5
Weighted average common and dilutive potential common shares outstanding	297.9		314.1		302.6		317.9
Earnings per common share applicable to common shareholders
Basic
Continuing operations	$	0.62	$	3.82	$	13.31	$	9.77
Discontinued operations	1.11		(0.20)		(10.98)		(0.66)
Total	$	1.73	$	3.62	$	2.33	$	9.11
Diluted
Continuing operations	$	0.62	$	3.78	$	13.11	$	9.66
Discontinued operations	1.09		(0.20)		(10.81)		(0.65)
Total	$	1.71	$	3.58	$	2.30	$	9.01
Anti-dilutive options excluded from diluted earnings per common share	0.6		4.2		1.3		3.0