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Earnings per Common Share (Tables) | 6 Months Ended
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Jun. 30, 2022
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 June 30, |  | Six months ended June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Numerator: |  |  |  |  |  |  |  |
Net (loss) income from continuing operations |  | $ | (1,024) |  |  | $ | 1,435 |  |  | $ | (378) |  |  | $ | 3,841 |
Less: Net (loss) income attributable to noncontrolling interest |  | (9) |  |  | 6 |  |  | (19) |  |  | — |
Net (loss) income from continuing operations attributable to Allstate |  | (1,015) |  |  | 1,429 |  |  | (359) |  |  | 3,841 |
Less: Preferred stock dividends |  | 27 |  |  | 30 |  |  | 53 |  |  | 57 |
Net (loss) income from continuing operations applicable to common shareholders |  | (1,042) |  |  | 1,399 |  |  | (412) |  |  | 3,784 |
Income (loss) from discontinued operations, net of tax |  | — |  |  | 196 |  |  | — |  |  | (3,597) |
Net (loss) income applicable to common shareholders |  | $ | (1,042) |  |  | $ | 1,595 |  |  | $ | (412) |  |  | $ | 187 |
Denominator: |  |  |  |  |  |  |  |
Weighted average common shares outstanding |  | 273.8 |  |  | 298.8 |  |  | 275.9 |  |  | 300.6 |
Effect of dilutive potential common shares (1): |  |  |  |  |  |  |  |
Stock options |  | — |  |  | 3.2 |  |  | — |  |  | 2.8 |
Restricted stock units (non-participating) and performance stock awards |  | — |  |  | 1.3 |  |  | — |  |  | 1.5 |
Weighted average common and dilutive potential common shares outstanding |  | 273.8 |  |  | 303.3 |  |  | 275.9 |  |  | 304.9 |
Earnings per common share applicable to common shareholders |  |  |  |  |  |  |  |
Basic |  |  |  |  |  |  |  |
Continuing operations |  | $ | (3.81) |  |  | $ | 4.68 |  |  | $ | (1.49) |  |  | $ | 12.59 |
Discontinued operations |  | — |  |  | 0.66 |  |  | — |  |  | (11.97) |
Total |  | $ | (3.81) |  |  | $ | 5.34 |  |  | $ | (1.49) |  |  | $ | 0.62 |
Diluted (1) |  |  |  |  |  |  |  |
Continuing operations |  | $ | (3.81) |  |  | $ | 4.61 |  |  | $ | (1.49) |  |  | $ | 12.41 |
Discontinued operations |  | — |  |  | 0.65 |  |  | — |  |  | (11.80) |
Total |  | $ | (3.81) |  |  | $ | 5.26 |  |  | $ | (1.49) |  |  | $ | 0.61 |
Anti-dilutive options excluded from diluted earnings per common share |  | 1.3 |  |  | 0.8 |  |  | 1.5 |  |  | 2.0 |
Weighted average dilutive potential common shares excluded due to net loss applicable to common shareholders (1) |  | 3.2 |  |  | — |  |  | 3.5 |  |  | — |
(1)As a result of the net loss reported for the three and six month periods ended June 30, 2022, weighted average shares for basic earnings per share is also used for calculating diluted earnings per share because all dilutive potential common shares are anti-dilutive and are therefore excluded from the calculation.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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