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Condensed Consolidated Statements of Shareholders’ Equity (unaudited) - 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
Treasury stock
Accumulated other comprehensive income (loss)
Noncontrolling interest
Increase (decrease) in equity                  
Total equity     $ 1,970   $ 3,788 $ 50,970 $ (36,857) $ (2,392) $ (125)
Balance, beginning of period at Dec. 31, 2022     1,970   3,788 50,970 (36,857) (2,392) (125)
Increase (decrease) in equity                  
Preferred stock issuance, net of issuance costs     587            
Preferred stock redemption     (556)            
Equity incentive plans activity, net         (2)        
Net income (loss) $ (1,696)         (1,672)     (24)
Dividends on common stock (declared per share of $0.92, $0.89, $1.84, and $1.78 )           (469)      
Dividends on preferred stock           (63)      
Shares acquired             (307)    
Shares reissued under equity incentive plans, net             33    
Change in unrealized net capital gains and losses 410             410 4
Change in unrealized foreign currency translation adjustments 78             78  
Change in unamortized pension and other postretirement prior service credit (9)             (9)  
Change in discount rate for reserve for future policy benefits (1)             (1)  
Capital transaction for noncontrolling interest                 0
Balance, end of period at Jun. 30, 2023 15,372 $ 0 2,001 $ 9 3,786 48,766 (37,131) (1,914) (145)
Increase (decrease) in equity                  
Total equity     1,970   3,780 50,388 (36,980) (1,673) (121)
Balance, beginning of period at Mar. 31, 2023     1,970   3,780 50,388 (36,980) (1,673) (121)
Increase (decrease) in equity                  
Preferred stock issuance, net of issuance costs     587            
Preferred stock redemption     (556)            
Equity incentive plans activity, net         6        
Net income (loss) (1,375)         (1,352)     (23)
Dividends on common stock (declared per share of $0.92, $0.89, $1.84, and $1.78 )           (233)      
Dividends on preferred stock           (37)      
Shares acquired             (154)    
Shares reissued under equity incentive plans, net             3    
Change in unrealized net capital gains and losses (272)             (272) (1)
Change in unrealized foreign currency translation adjustments 28             28  
Change in unamortized pension and other postretirement prior service credit (5)             (5)  
Change in discount rate for reserve for future policy benefits 8             8  
Capital transaction for noncontrolling interest                 0
Balance, end of period at Jun. 30, 2023 15,372 0 2,001 9 3,786 48,766 (37,131) (1,914) (145)
Increase (decrease) in equity                  
Total Allstate shareholders’ equity 15,517                
Total equity 15,372 0 2,001 9 3,786 48,766 (37,131) (1,914) (145)
Total Allstate shareholders’ equity 17,770                
Total equity 17,630   2,001   3,854 49,716 (37,110) (700) (140)
Balance, beginning of period at Dec. 31, 2023 17,630   2,001   3,854 49,716 (37,110) (700) (140)
Increase (decrease) in equity                  
Preferred stock issuance, net of issuance costs     0            
Preferred stock redemption     0            
Equity incentive plans activity, net         73        
Net income (loss) 1,545         1,549     (4)
Dividends on common stock (declared per share of $0.92, $0.89, $1.84, and $1.78 )           (488)      
Dividends on preferred stock           (59)      
Shares acquired             0    
Shares reissued under equity incentive plans, net             74    
Change in unrealized net capital gains and losses (334)             (334) 1
Change in unrealized foreign currency translation adjustments (15)             (15)  
Change in unamortized pension and other postretirement prior service credit (1)             (1)  
Change in discount rate for reserve for future policy benefits 24                
Capital transaction for noncontrolling interest                 123
Balance, end of period at Jun. 30, 2024 18,573 0 2,001 9 3,927 50,718 (37,036) (1,026) (20)
Increase (decrease) in equity                  
Total equity     2,001   3,894 50,662 (37,044) (883) (159)
Balance, beginning of period at Mar. 31, 2024     2,001   3,894 50,662 (37,044) (883) (159)
Increase (decrease) in equity                  
Preferred stock issuance, net of issuance costs     0            
Preferred stock redemption     0            
Equity incentive plans activity, net         33        
Net income (loss) 347         331     16
Dividends on common stock (declared per share of $0.92, $0.89, $1.84, and $1.78 )           (245)      
Dividends on preferred stock           (30)      
Shares acquired             0    
Shares reissued under equity incentive plans, net             8    
Change in unrealized net capital gains and losses (119)             (119) 0
Change in unrealized foreign currency translation adjustments (23)             (23)  
Change in unamortized pension and other postretirement prior service credit 0             0  
Change in discount rate for reserve for future policy benefits (1)             (1)  
Capital transaction for noncontrolling interest                 123
Balance, end of period at Jun. 30, 2024 18,573 0 2,001 9 3,927 50,718 (37,036) (1,026) (20)
Increase (decrease) in equity                  
Total Allstate shareholders’ equity 18,593                
Total equity $ 18,573 $ 0 $ 2,001 $ 9 $ 3,927 $ 50,718 $ (37,036) $ (1,026) $ (20)