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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Insurance premiums and contract charges $ 58,309 $ 52,516 $ 47,736
Other revenue 2,930 2,400 2,344
Net investment income 3,092 2,478 2,403
Net gains (losses) on investments and derivatives (225) (300) (1,072)
Total revenues 64,106 57,094 51,411
Costs and expenses      
Accident, health and other policy benefits (including remeasurement (gains) losses of $1, $0, and $(4)) 1,241 1,071 1,042
Amortization of deferred policy acquisition costs 8,039 7,278 6,634
Operating costs and expenses 8,626 7,137 7,446
Pension and other postretirement remeasurement (gains) losses (37) 9 116
Restructuring and related charges 61 169 51
Amortization of purchased intangibles 280 329 353
Interest expense 400 379 335
Total costs and expenses 58,345 57,442 53,241
Income (loss) from operations before income tax expense 5,761 (348) (1,830)
Income tax expense (benefit) 1,162 (135) (488)
Net income (loss) 4,599 (213) (1,342)
Less: Net loss attributable to noncontrolling interest (68) (25) (53)
Net income (loss) attributable to Allstate 4,667 (188) (1,289)
Less: Preferred stock dividends 117 128 105
Net income (loss) applicable to common shareholders, basic 4,550 (316) (1,394)
Net income (loss) applicable to common shareholders, diluted $ 4,550 $ (316) $ (1,394)
Earnings per common share:      
Net income (loss) applicable to common shareholders per common share - Basic (in dollars per share) $ 17.22 $ (1.20) $ (5.14)
Weighted average common shares - Basic (in shares) 264.3 262.5 271.2
Net income (loss) applicable to common shareholders per common share - Diluted (in dollars per share) $ 16.99 $ (1.20) $ (5.14)
Weighted average common shares - Diluted (in shares) 267.8 262.5 271.2
Property and casualty insurance premiums      
Revenues      
Insurance premiums and contract charges $ 56,388 $ 50,670 $ 45,904
Costs and expenses      
Property and casualty insurance claims and claims expense 39,735 41,070 37,264
Accident and health insurance premiums and contract charges      
Revenues      
Insurance premiums and contract charges $ 1,921 $ 1,846 $ 1,832