Reportable Segments (Tables)

6 Months Ended

Jun. 30, 2021

Schedule of business segments net income disclosures


Reportable segments financial performance
	Three months ended June 30,				Six months ended June 30,
($ in millions)	2021		2020		2021		2020
Underwriting income (loss) by segment
Allstate Protection	$	431	$	905	$	2,091	$	2,256
Run-off Property-Liability	(2)		(3)		(5)		(6)

Adjusted net income (loss) by segment, after-tax
Protection Services	56		38		105		75
Allstate Health and Benefits	62		5		127		29
Corporate and Other	(112)		(99)		(235)		(206)

Reconciling items
Property-Liability net investment income	931		178		1,604		380
Realized capital gains (losses)	287		440		713		278
Pension and other postretirement remeasurement gains (losses)	134		(73)		444		(391)
Business combination expenses and amortization of purchased intangibles (1)	(34)		(26)		(90)		(53)
Business combination fair value adjustment	6		—		6		—
Income tax expense on reconciling items	(354)		(285)		(976)		(481)
Total reconciling items	970		234		1,701		(267)

Income (loss) from discontinued operations	493		167		(3,670)		(203)
Income tax (expense) benefit from discontinued operations	(297)		(23)		73		59
Total from discontinued operations	$	196	$	144	$	(3,597)	$	(144)

Less: Net income (loss) attributable to noncontrolling interest	6		—		—		—

Net income applicable to common shareholders	$	1,595	$	1,224	$	187	$	1,737

(1)Excludes amortization of purchased intangibles in Property-Liability, which is included above in underwriting income.

Schedule of business segments revenue disclosures


Reportable segments revenue information
($ in millions)	Three months ended June 30,				Six months ended June 30,
	2021		2020		2021		2020
Property-Liability
Insurance premiums
Auto	$	6,883	$	6,172	$	13,692	$	12,327
Homeowners	2,411		2,054		4,803		4,091
Other personal lines	519		478		1,024		949
Commercial lines	196		159		386		377
Allstate Protection	10,009		8,863		19,905		17,744
Run-off Property-Liability	—		—		—		—
Total Property-Liability insurance premiums	10,009		8,863		19,905		17,744
Other revenue	321		206		706		419
Net investment income	931		178		1,604		380
Realized capital gains (losses)	265		382		669		279
Total Property-Liability	11,526		9,629		22,884		18,822

Protection Services
Protection plans	279		219		539		425
Roadside assistance	47		44		94		95
Finance and insurance products	109		97		213		194
Intersegment premiums and service fees (1)	46		35		87		73
Other revenue	88		51		178		103
Net investment income	12		11		22		21
Realized capital gains (losses)	6		19		16		(5)
Total Protection Services	587		476		1,149		906

Allstate Health and Benefits
Employer voluntary benefits	255		263		518		545
Group health	87		—		170		—
Individual accident and health	105		—		214		—
Other revenue	83		—		163		—
Net investment income	19		20		38		40
Realized capital gains (losses)	4		11		6		(3)
Total Allstate Health and Benefits	553		294		1,109		582

Corporate and Other
Other revenue	2		—		2		—
Net investment income	12		11		18		25
Realized capital gains (losses)	12		28		22		7
Total Corporate and Other	26		39		42		32

Intersegment eliminations (1)	(46)		(35)		(87)		(73)
Consolidated revenues	$	12,646	$	10,403	$	25,097	$	20,269

(1)Intersegment insurance premiums and service fees are primarily related to Arity and Allstate Roadside and are eliminated in the condensed consolidated financial statements.