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Consolidated Statements of Financial Position - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Investments    
Fixed income securities, at fair value (amortized cost, net $45,370 and $41,376) $ 42,485 $ 42,136
Equity securities, at fair value (cost $4,253 and $6,016) 4,567 7,061
Mortgage loans, net 762 821
Limited partnership interests 8,114 8,018
Short-term, at fair value (amortized cost $4,174 and $4,009) 4,173 4,009
Other investments, net 1,728 2,656
Total investments 61,829 64,701
Cash 736 763
Premium installment receivables, net 9,165 8,364
Deferred policy acquisition costs 5,418 4,722
Reinsurance and indemnification recoverables, net 9,606 10,024
Accrued investment income 423 339
Deferred income taxes 386 0
Property and equipment, net 987 939
Goodwill 3,502 3,502
Other assets, net 5,905 6,086
Total assets 97,957 99,440
Liabilities    
Reserve for property and casualty insurance claims and claims expense 37,541 33,060
Reserve for future policy benefits 1,273 1,273
Contractholder funds 897 908
Unearned premiums 22,311 19,844
Claim payments outstanding 1,268 1,123
Deferred income taxes 0 833
Other liabilities and accrued expenses 9,353 9,296
Debt 7,964 7,976
Total liabilities 80,607 74,313
Commitments and Contingent Liabilities (Note 7, 9 and 15)
Shareholders’ equity    
Preferred stock and additional capital paid-in, $1 par value, 25 million shares authorized, 81.0 thousand shares issued and outstanding, $2,025 aggregate liquidation preference 1,970 1,970
Common stock, $.01 par value, 2.0 billion shares authorized and 900 million issued, 263 million and 281 million shares outstanding 9 9
Additional capital paid-in 3,788 3,722
Retained income 50,954 53,294
Treasury stock, at cost (637 million and 619 million shares) (36,857) (34,471)
Accumulated other comprehensive income:    
Unrealized net capital gains and losses (2,253) 598
Unrealized foreign currency translation adjustments (165) (15)
Unamortized pension and other postretirement prior service credit 29 72
Total accumulated other comprehensive (loss) income (2,389) 655
Total Allstate shareholders’ equity 17,475 25,179
Noncontrolling interest (125) (52)
Total equity 17,350 25,127
Total liabilities and equity $ 97,957 $ 99,440