Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2018

The Company’s goodwill reporting units are equivalent to its reportable segments, Allstate Protection, Service Businesses, Allstate Life and Allstate Benefits to which goodwill has been assigned.



Goodwill by reporting unit
	As of December 31,
($ in millions)	2018		2017
Allstate Protection	$	810	$	810
Service Businesses	1,449		1,100
Allstate Life	175		175
Allstate Benefits	96		96
Total	$	2,530	$	2,181

Schedule of indefinite-lived intangible assets



Intangible assets by type
	As of December 31,
($ in millions)	2018		2017
Customers relationships	$	530	$	396
Trade names and licenses	143		143
Technology and other	40		17
Total	$	713	$	556

Schedule of finite-lived intangible assets



Intangible assets by type
	As of December 31,
($ in millions)	2018		2017
Customers relationships	$	530	$	396
Trade names and licenses	143		143
Technology and other	40		17
Total	$	713	$	556

Computation of basic and diluted earnings per common share



Computation of basic and diluted earnings per common share
	For the years ended December 31,
($ in millions, except per share data)	2018		2017		2016
Numerator:
Net income	$	2,252	$	3,189	$	1,877
Less: Preferred stock dividends	148		116		116
Net income applicable to common shareholders⁽¹⁾	$	2,104	$	3,073	$	1,761

Denominator:
Weighted average common shares outstanding	347.8		362.0		372.8
Effect of dilutive potential common shares:
Stock options	3.6		4.3		3.2
Restricted stock units (non-participating) and performance stock awards	1.8		1.5		1.3
Weighted average common and dilutive potential common shares outstanding	353.2		367.8		377.3

Earnings per common share – Basic	$	6.05	$	8.49	$	4.72
Earnings per common share – Diluted	$	5.96	$	8.36	$	4.67


⁽¹⁾	Net income applicable to common shareholders is net income less preferred stock dividends.