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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Property and casualty insurance premiums (net of reinsurance ceded and indemnification programs of $1,869, $1,904 and $1,141) $ 47,737 $ 44,039 $ 38,167
Other revenue 2,344 2,172 1,065
Net investment income 2,403 3,293 1,590
Net gains (losses) on investments and derivatives (1,072) 1,084 1,087
Total revenues 51,412 50,588 41,909
Costs and expenses      
Property and casualty insurance claims and claims expense (net of reinsurance ceded and indemnification programs of $1,600, $3,484 and $530) 37,264 29,318 22,001
Shelter-in-Place Payback expense 0 29 948
Accident, health and other policy benefits (net of reinsurance ceded of $28, $86 and $15) 1,061 1,049 549
Amortization of deferred policy acquisition costs 6,644 6,252 5,477
Operating costs and expenses 7,446 7,260 5,494
Pension and other postretirement remeasurement (gains) losses 116 (644) (51)
Restructuring and related charges 51 170 253
Amortization of purchased intangibles 353 376 118
Interest expense 335 330 318
Total costs and expenses 53,270 44,140 35,107
(Loss) income from operations before income tax expense (1,858) 6,448 6,802
Income tax (benefit) expense (494) 1,289 1,373
Net (loss) income from continuing operations (1,364) 5,159 5,429
(Loss) income from discontinued operations, net of tax 0 (3,593) 147
Net (loss) income (1,364) 1,566 5,576
Less: Net loss attributable to noncontrolling interest (53) (33) 0
Net (loss) income attributable to Allstate (1,311) 1,599 5,576
Less: Preferred stock dividends 105 114 115
Net (loss) income applicable to common shareholders ,Basic (1,416) 1,485 5,461
Net (loss) income applicable to common shareholders , Dilluted $ (1,416) $ 1,485 $ 5,461
Basic      
Continuing operations (in dollars per share) $ (5.22) $ 17.23 $ 17.06
Discontinued operations (in dollars per share) 0 (12.19) 0.47
Basic, Total (in dollars per share) (5.22) 5.04 17.53
Diluted      
Continuing operations (in dollars per share) (5.22) 16.98 16.84
Discontinued operations (in dollars per share) 0 (12.02) 0.47
Diluted, Total (in dollars per share) $ (5.22) $ 4.96 $ 17.31
Weighted average common shares - Basic (in shares) 271.2 294.8 311.6
Weighted average common shares - Diluted (in shares) 271.2 299.1 315.5
Property and casualty insurance premiums      
Revenues      
Property and casualty insurance premiums (net of reinsurance ceded and indemnification programs of $1,869, $1,904 and $1,141) $ 45,904 $ 42,218 $ 37,073
Accident and health insurance premiums and contract charges (net of reinsurance ceded of $38, $78 and $13)      
Revenues      
Property and casualty insurance premiums (net of reinsurance ceded and indemnification programs of $1,869, $1,904 and $1,141) $ 1,833 $ 1,821 $ 1,094