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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues    
Other revenue $ 762 $ 669
Net investment income 854 764
Net gains (losses) on investments and derivatives (349) (164)
Total revenues 16,452 15,259
Costs and expenses    
Accident, health and other policy benefits 333 296
Amortization of deferred policy acquisition costs 2,087 1,939
Operating costs and expenses 2,245 1,885
Pension and other postretirement remeasurement (gains) losses 78 (2)
Restructuring and related charges 16 10
Amortization of purchased intangibles 59 69
Interest expense 100 97
Total costs and expenses 15,733 13,795
Income from operations before income tax expense 719 1,464
Income tax expense 123 266
Net income 596 1,198
Less: Net income (loss) attributable to noncontrolling interest 1 (20)
Net income attributable to Allstate 595 1,218
Less: Preferred stock dividends 29 29
Net income applicable to common shareholders, basic 566 1,189
Net income applicable to common shareholders, diluted $ 566 $ 1,189
Earnings per common share:    
Net income applicable to common shareholders per common share - Basic (in dollars per share) $ 2.13 $ 4.51
Weighted average common shares - Basic (in shares) 265.3 263.5
Net income applicable to common shareholders per common share - Diluted (in dollars per share) $ 2.11 $ 4.46
Weighted average common shares - Diluted (in shares) 268.8 266.5
Property and casualty insurance premiums    
Revenues    
Insurance premiums and contract charges $ 14,698 $ 13,512
Costs and expenses    
Property and casualty insurance claims and claims expense 10,815 9,501
Accident and health insurance premiums and contract charges    
Revenues    
Insurance premiums and contract charges $ 487 $ 478