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Supplemental Cash Flow Information
9 Months Ended
Sep. 30, 2020
Supplemental Cash Flow Information [Abstract]  
Supplemental Cash Flow Information
Note 14
Supplemental Cash Flow Information
Non-cash investing activities include $46 million and $187 million related to mergers and exchanges completed with equity securities, fixed income securities and limited partnerships, and modifications of other investments for the nine months ended September 30, 2020 and 2019, respectively.
Non-cash financing activities include $56 million and $48 million related to the issuance of Allstate common shares for vested equity awards for the nine months ended September 30, 2020 and 2019, respectively.
Cash flows used in operating activities in the Condensed Consolidated Statements of Cash Flows include cash paid for operating leases related to amounts included in the measurement of lease liabilities of $118 million and $115 million for the nine months ended September 30, 2020 and 2019, respectively. Non-cash operating activities include $47
million and $534 million related to right-of-use (“ROU”) assets obtained in exchange for lease obligations for the nine months ended September 30, 2020 and 2019, respectively. Non-cash operating activities related to ROU assets obtained in exchange for lease obligations for the nine months ended September 30, 2019 include the impact of $488 million related to the adoption of the accounting for leases standard.
Liabilities for collateral received in conjunction with the Company’s securities lending program and over-the-counter and cleared derivatives are reported in other liabilities and accrued expenses or other investments. The accompanying cash flows are included in cash flows from operating activities in the Condensed Consolidated Statements of Cash Flows along with the activities resulting from management of the proceeds, as follows:
($ in millions)
 
Nine months ended September 30,
 
2020
 
2019
Net change in proceeds managed
 
 

 
 

Net change in fixed income securities
 
$

 
$
80

Net change in short-term investments
 
314

 
(709
)
Operating cash flow provided (used)
 
$
314

 
$
(629
)
Net change in cash
 
(6
)
 

Net change in proceeds managed
 
$
308

 
$
(629
)
 
 
 
 
 
Cash flows from operating activities
 
 
 
 
Net change in liabilities
 
 
 
 
Liabilities for collateral, beginning of period
 
$
(1,829
)
 
$
(1,458
)
Liabilities for collateral, end of period
 
(1,521
)
 
(2,087
)
Operating cash flow (used) provided
 
$
(308
)
 
$
629