XML 66 R49.htm IDEA: XBRL DOCUMENT v3.23.3
General - Schedule of Condensed Consolidated Statements of Operations (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues        
Total revenues $ 14,497 $ 13,208 $ 42,262 $ 37,763
Costs and expenses        
Accident, health and other policy benefits 262 252 785 785
Amortization of deferred policy acquisition costs 1,841 1,683 5,374 4,909
Total costs and expenses 14,518 14,118 44,437 39,183
Loss from operations before income tax expense (21) (910) (2,175) (1,420)
Income tax benefit (17) (236) (475) (374)
Net loss (4) (674) (1,700) (1,046)
Net loss attributable to Allstate (5) (659) (1,677) (1,012)
Net loss applicable to common shareholders, basic (41) (685) (1,776) (1,091)
Net loss applicable to common shareholders, diluted $ (41) $ (685) $ (1,776) $ (1,091)
Earnings per common share:        
Net income (loss) applicable to common shareholders per common share - Basic (in dollars per share) $ (0.16) $ (2.55) $ (6.76) $ (3.99)
Net income (loss) applicable to common shareholders per common share - Diluted (in dollars per share) $ (0.16) $ (2.55) $ (6.76) $ (3.99)
As reported        
Revenues        
Total revenues   $ 13,208   $ 37,765
Costs and expenses        
Accident, health and other policy benefits   263   801
Amortization of deferred policy acquisition costs   1,682   4,913
Total costs and expenses   14,128   39,203
Loss from operations before income tax expense   (920)   (1,438)
Income tax benefit   (237)   (377)
Net loss   (683)   (1,061)
Net loss attributable to Allstate   (668)   (1,027)
Net loss applicable to common shareholders, basic   (694)   (1,106)
Net loss applicable to common shareholders, diluted   $ (694)   $ (1,106)
Earnings per common share:        
Net income (loss) applicable to common shareholders per common share - Basic (in dollars per share)   $ (2.58)   $ (4.04)
Net income (loss) applicable to common shareholders per common share - Diluted (in dollars per share)   $ (2.58)   $ (4.04)
Impact of change        
Revenues        
Total revenues   $ 0   $ (2)
Costs and expenses        
Accident, health and other policy benefits   (11)   (16)
Amortization of deferred policy acquisition costs   1   (4)
Total costs and expenses   (10)   (20)
Loss from operations before income tax expense   10   18
Income tax benefit   1   3
Net loss   9   15
Net loss attributable to Allstate   9   15
Net loss applicable to common shareholders, basic   9   15
Net loss applicable to common shareholders, diluted   $ 9   $ 15
Earnings per common share:        
Net income (loss) applicable to common shareholders per common share - Basic (in dollars per share)   $ 0.03   $ 0.05
Net income (loss) applicable to common shareholders per common share - Diluted (in dollars per share)   $ 0.03   $ 0.05
Accident and health insurance premiums and contract charges        
Revenues        
Accident and health insurance premiums and contract charges $ 463 $ 463 $ 1,379 $ 1,396
Accident and health insurance premiums and contract charges | As reported        
Revenues        
Accident and health insurance premiums and contract charges   463   1,398
Accident and health insurance premiums and contract charges | Impact of change        
Revenues        
Accident and health insurance premiums and contract charges   $ 0   $ (2)