XML 65 R54.htm IDEA: XBRL DOCUMENT
v3.23.3

Dividends (Details) - USD ($) $ / shares in Units, $ in Millions |  |  |  | 1 Months Ended | 3 Months Ended | 9 Months Ended
--- | --- | --- | --- | --- | --- | ---
Sep. 15, 2023 | Jul. 01, 2023 | Mar. 15, 2023 | Sep. 30, 2023 | Aug. 31, 2023 | Jun. 30, 2023 | Apr. 30, 2023 | Mar. 31, 2023 | Jan. 31, 2023 | Oct. 31, 2022 | Sep. 30, 2022 | Jul. 31, 2022 | Apr. 30, 2022 | Mar. 31, 2022 | Jan. 31, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022
Cash dividends declared on common stock (in dollars per share) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 0.10 | $ 0.10 | $ 0.30 | $ 0.30
Dividends paid to common shareholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 175.5 | $ 175.5
Dividends paid to preferred shareholders |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 33.2 | 26.8
Series B Preferred Stock |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash dividends paid on preferred stock (in dollars per share) |  |  |  | $ 20.67700 |  | $ 18.92463 |  | $ 26.875 |  |  | $ 26.875 |  |  | $ 26.875 |  |  |  |  |
Dividends paid to preferred shareholders |  |  |  | $ 10.3 |  | $ 9.5 |  | $ 13.4 |  |  | $ 13.4 |  |  | $ 13.4 |  |  |  |  |
Series B Preferred Stock | London Interbank Offered Rate (LIBOR) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Preferred stock, basis spread on variable rate |  |  | 2.539% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Series B Preferred Stock | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Preferred stock, basis spread on variable rate | 2.539% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Preferred stock, basis spread on variable rate, tenor spread adjustment | 0.26161% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Quarterly dividend |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash dividends declared on common stock (in dollars per share) |  |  |  |  | $ 0.10 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash dividends paid on common stock (in dollars per share) |  | $ 0.10 |  |  |  |  | $ 0.10 |  | $ 0.10 | $ 0.10 |  | $ 0.10 | $ 0.10 |  | $ 0.10 |  |  |  |
Dividends paid to common shareholders |  | $ 58.5 |  |  |  |  | $ 58.5 |  | $ 58.5 | $ 58.5 |  | $ 58.5 | $ 58.5 |  | $ 58.5 |  |  |  |
Common equities | Quarterly dividend |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common share dividends |  |  |  | $ 58.5 |  |  |  |  |  |  | $ 58.5 |  |  |  |  | $ 58.5 | $ 58.5 | $ 58.5 | $ 58.5

X
- Definition Preferred Stock, Basis Spread on Variable Rate, Tenor Spread Adjustment + References No definition available. + Details
Name: | pgr_PreferredStockBasisSpreadOnVariableRateTenorSpreadAdjustment
Namespace Prefix: | pgr_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Preferred Stock, Basis Spread on Variable Rate + References No definition available. + Details
Name: | pgr_PreferredStockBasisSpreadonVariableRate
Namespace Prefix: | pgr_
Data Type: | dtr-types1:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Aggregate dividends paid during the period for each share of common stock outstanding. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1 + Details
Name: | us-gaap_CommonStockDividendsPerShareCashPaid
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition Aggregate dividends declared during the period for each share of common stock outstanding. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1 + Details
Name: | us-gaap_CommonStockDividendsPerShareDeclared
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition Carrying value as of the balance sheet date of dividends declared but unpaid on equity securities issued by the entity and outstanding. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(20)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(24)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 946 -SubTopic 405 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480191/946-405-45-2 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(15)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(15)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 + Details
Name: | us-gaap_DividendsPayableCurrentAndNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of cash outflow in the form of ordinary dividends to common shareholders of the parent entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-15 + Details
Name: | us-gaap_PaymentsOfDividendsCommonStock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of cash outflow in the form of ordinary dividends to preferred shareholders of the parent entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-15 + Details
Name: | us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Aggregate dividends paid during the period for each share of preferred stock outstanding. + References No definition available. + Details
Name: | us-gaap_PreferredStockDividendsPerShareCashPaid
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_SeriesBPreferredStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=pgr_LondonInterbankOfferedRateLIBOR1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | pgr_DividendTypeAxis=pgr_QuarterlydividendMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |