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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Accounting Policies [Abstract]    
Schedule of unearned premiums
The portion of premiums written applicable to the unexpired terms of the policies is recorded as unearned premiums.
Unearned premiums
December 31,
($ in millions)20222021
Allstate Protection$17,538 $15,762 
Protection Services
4,745 4,054 
Total$22,283 $19,816 
  
Allowance for credit loss
Rollforward of credit loss allowance for premium installment receivables
For the years ended December 31,
($ in millions)
2022
2021
Beginning balance$(107)$(153)
Increase in the provision for credit losses(313)(293)
Write-off of uncollectible premium installment receivable amounts288 339 
Ending balance$(132)$(107)
Allowance for credit losses
As of December 31,
($ in millions)20222021
Fixed income securities$13 $6 
Mortgage loans 7 6 
Bank loans 57 61 
Investments77 73 
Premium installment receivables132 107 
Reinsurance recoverables65 74 
Other assets19 26 
Assets293 280 
Commitments to fund mortgage loans and bank loans— — 
Liabilities— — 
Total$293 $280 
Rollforward of credit loss allowance for fixed income securities
For the years ended December 31,
($ in millions)202220212020
Beginning balance$(6)$(2)$— 
Credit losses on securities for which credit losses not previously reported(1)(5)(2)
Net increases related to credit losses previously reported
(6)1 — 
Reduction of allowance related to sales— — — 
Write-offs— — — 
Ending balance$(13)$(6)$(2)
Components of credit loss allowance
Corporate bonds$(11)$(6)$(1)
ABS(2)— (1)
Total$(13)$(6)$(2)
Rollforward of credit loss allowance for mortgage loans
For the years ended December 31,
($ in millions)202220212020
Beginning balance$(6)$(67)$(3)
Cumulative effect of change in accounting principle— — (42)
Net (increases) decreases related to credit losses(1)40 (39)
Reduction of allowance related to sales— 21 17 
Write-offs— — — 
Ending balance (1)
$(7)$(6)$(67)
(1)Includes $59 million of credit loss allowance for mortgage loans that are classified as held for sale as of December 31, 2020.
Rollforward of credit loss allowance for bank loans
For the years ended December 31,
($ in millions)202220212020
Beginning balance$(61)$(67)$— 
Cumulative effect of change in accounting principle— — (53)
Net decreases related to credit losses(26)(15)(28)
Reduction of allowance related to sales30 21 9 
Write-offs— — 5 
Ending balance (1)
$(57)$(61)$(67)
(1)Includes $16 million of credit loss allowance for bank loans that are classified as held for sale as of December 31, 2020.
  
Schedule of goodwill by reporting unit The Company’s goodwill reporting units are equivalent to its reportable segments to which goodwill has been assigned: Allstate Protection, Protection Services, and Allstate Health and Benefits.
Goodwill by reporting unit
December 31,
($ in millions)20222021
Allstate Protection$1,563 $1,563 
Protection Services
1,494 1,494 
Allstate Health and Benefits445 445 
Total$3,502 $3,502 
  
Schedule of finite-lived intangible assets Intangible assets are carried at cost less accumulated amortization.
Intangible assets by type
December 31,
($ in millions)20222021
Distribution and customer relationships$697 $909 
Trade names and licenses 179 206 
Technology and other301 305 
Total$1,177 $1,420 
  
Schedule of finite-lived intangible assets, future amortization expense
Amortization expense of intangible assets for the next five years and thereafter
($ in millions)
2023$313 
2024248 
2025201 
202691 
202764 
Thereafter88 
Total amortization$1,005 
  
Other information related to operating leases
Other information related to operating leases
December 31,
20222021
Weighted average remaining lease term (years)45
Weighted average discount rate3.08 %3.09 %
  
Maturity of lease liabilities
Maturity of lease liabilities
($ in millions)Operating leases
2023$100 
202497 
202571 
202641 
202726 
Thereafter32 
Total lease payments $367 
Less: interest(24)
Present value of lease liabilities$343 
  
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)202220212020
Numerator:
Net (loss) income from continuing operations$(1,364)$5,159 $5,429 
Less: Net loss attributable to noncontrolling interest(53)(33)— 
Net (loss) income from continuing operations attributable to Allstate(1,311)5,192 5,429 
Less: Preferred stock dividends
105 114 115 
Net (loss) income from continuing operations applicable to common shareholders(1,416)5,078 5,314 
Income (loss) from discontinued operations, net of tax— (3,593)147 
Net (loss) income applicable to common shareholders$(1,416)$1,485 $5,461 
Denominator:
Weighted average common shares outstanding
271.2 294.8 311.6 
Effect of dilutive potential common shares (1):
Stock options
— 2.7 2.2 
Restricted stock units (non-participating) and performance stock awards
— 1.6 1.7 
Weighted average common and dilutive potential common shares outstanding
271.2 299.1 315.5 
Earnings per share applicable to common shareholders
Basic
Continuing operations$(5.22)$17.23 $17.06 
Discontinued operations— (12.19)0.47 
Total
$(5.22)$5.04 $17.53 
Diluted (1)
Continuing operations$(5.22)$16.98 $16.84 
Discontinued operations— (12.02)0.47 
Total
$(5.22)$4.96 $17.31 
Anti-dilutive options excluded from diluted earnings per common share1.7 1.3 2.9 
Weighted average dilutive potential common shares excluded due to net loss applicable to common shareholders (1)
3.1 — — 
(1)As a result of the net loss reported for the year ended December 31, 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.
  
Impact Of Adoption To AOCI And Net Income
Impact of adoption to AOCI and net income
As of and for the years ended December 31,
20222021
Ending AOCI (1)
$0 million to $(50) million
$(200) million to $(250) million
Increase in net income
$5 million to $20 million
$5 million to $20 million
(1)Represents the impact of adoption to the ending balance of AOCI reported on the Consolidated Statements of Financial Position.
Impact of adoption at January 1, 2021
Decrease in equity
$250 million to $350 million
Decrease in retained income
$15 million to $35 million
Decrease in AOCI
$235 million to $315 million