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Consolidated Statements of Shareholders’ Equity - USD ($)
$ in Millions
Total
Preferred stock par value
Preferred stock additional capital paid-in
Common stock par value
Common stock additional capital paid-in
Retained income
Retained income
Cumulative effect of change in accounting principle
Deferred employee stock ownership plan (“ESOP”) expense
Treasury stock
Accumulated other comprehensive income (loss)
Noncontrolling interest
Increase (decrease) in equity [Roll forward]                      
Total equity     $ 1,930   $ 3,310 $ 44,033 $ 21 $ (3) $ (28,085) $ 118 $ 0
Balance, beginning of year at Dec. 31, 2018     1,930   3,310 44,033 21 (3) (28,085) 118 0
Increase (decrease) in equity [Roll forward]                      
Acquisition     0               0
Preferred stock issuance, net of issuance costs     1,414                
Preferred stock redemption     (1,096)                
Forward contract on accelerated share repurchase agreement         75            
Equity incentive plans activity         78            
Net income $ 4,847         4,847         0
Dividends on common stock (declared per share of $3.24, $2.16 and $2.00)           (658)          
Dividends on preferred stock           (169)          
Payments               3      
Shares acquired                 (1,810)    
Shares reissued under equity incentive plans, net                 149    
Change in unrealized net capital gains and losses 1,889                 1,889 0
Change in unrealized foreign currency translation adjustments (10)                 (10)  
Change in unamortized pension and other postretirement prior service credit (47)                 (47)  
Balance, end of year at Dec. 31, 2019 25,998 $ 0 2,248 $ 9 3,463 48,074 (88) 0 (29,746) 1,950 0
Increase (decrease) in equity [Roll forward]                      
Total Allstate shareholders’ equity 25,998                    
Total equity 25,998 0 2,248 9 3,463 48,074 (88) 0 (29,746) 1,950 0
Acquisition     0               0
Preferred stock issuance, net of issuance costs     0                
Preferred stock redemption     (278)                
Forward contract on accelerated share repurchase agreement         (38)            
Equity incentive plans activity         73            
Net income 5,576         5,576         0
Dividends on common stock (declared per share of $3.24, $2.16 and $2.00)           (680)          
Dividends on preferred stock           (115)          
Payments               0      
Shares acquired                 (1,700)    
Shares reissued under equity incentive plans, net                 115    
Change in unrealized net capital gains and losses 1,293                 1,293 0
Change in unrealized foreign currency translation adjustments 52                 52  
Change in unamortized pension and other postretirement prior service credit 9                 9  
Balance, end of year at Dec. 31, 2020 30,217 0 1,970 9 3,498 52,767 0 0 (31,331) 3,304 0
Increase (decrease) in equity [Roll forward]                      
Total Allstate shareholders’ equity 30,217                    
Total equity 30,217 0 1,970 9 3,498 52,767 $ 0 0 (31,331) 3,304 0
Acquisition     450               (16)
Preferred stock issuance, net of issuance costs     0                
Preferred stock redemption     (450)                
Forward contract on accelerated share repurchase agreement         113            
Equity incentive plans activity         111            
Net income 1,566         1,599         (33)
Dividends on common stock (declared per share of $3.24, $2.16 and $2.00)           (958)          
Dividends on preferred stock           (114)          
Payments               0      
Shares acquired                 (3,262)    
Shares reissued under equity incentive plans, net                 122    
Change in unrealized net capital gains and losses (2,582)                 (2,582) (3)
Change in unrealized foreign currency translation adjustments (8)                 (8)  
Change in unamortized pension and other postretirement prior service credit (59)                 (59)  
Balance, end of year at Dec. 31, 2021 25,127 0 1,970 9 3,722 53,294   0 (34,471) 655 (52)
Increase (decrease) in equity [Roll forward]                      
Total Allstate shareholders’ equity 25,179                    
Total equity $ 25,127 $ 0 $ 1,970 $ 9 $ 3,722 $ 53,294   $ 0 $ (34,471) $ 655 $ (52)