Supplemental Cash Flow Information

9 Months Ended

Sep. 30, 2023

Supplemental Cash Flow Information [Abstract]


Note 16			Supplemental Cash Flow Information

Non-cash investing activities include $54 million and $111 million related to mergers and exchanges completed with equity securities, fixed income securities, bank loans, real estate and limited partnerships for the nine months ended September 30, 2023 and 2022, respectively. Non-cash investing activities include $15 million related to right-of-use real estate obtained in exchange for lease obligations and $123 million related to debt assumed by purchaser on sale of real estate for the nine months ended September 30, 2023.

Non-cash financing activities include $38 million and $65 million related to the issuance of Allstate common shares for vested equity awards for the nine months ended September 30, 2023 and 2022, 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 $101 million and $127 million for the nine

months ended September 30, 2023 and 2022, respectively. Non-cash operating activities include $26 million and $17 million related to right-of-use assets obtained in exchange for lease obligations for the nine months ended September 30, 2023 and 2022, respectively.

Liabilities for collateral received in conjunction with the Company’s securities lending program and OTC 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,
	2023		2022
Net change in proceeds managed
Net change in fixed income securities	$	207	$	(473)
Net change in short-term investments	58		(285)
Operating cash flow provided (used)	265		(758)
Net change in cash	—		1
Net change in proceeds managed	$	265	$	(757)

Cash flows from operating activities
Net change in liabilities
Liabilities for collateral, beginning of period	$	(2,011)	$	(1,444)
Liabilities for collateral, end of period	(1,746)		(2,201)
Operating cash flow (used) provided	$	(265)	$	757