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Reporting Segments (Tables)
 3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Schedule of business segments revenue disclosures
Summarized revenue data for each of the Company’s reportable segments are as follows:
($ in millions)
Three months ended March 31,
 
2016
 
2015
Property-Liability
 

 
 

Property-liability insurance premiums
 

 
 

Auto
$
5,220

 
$
4,979

Homeowners
1,810

 
1,761

Other personal lines
421

 
420

Commercial lines
129

 
125

Other business lines
143

 
141

Total property-liability insurance premiums
7,723

 
7,426

Net investment income
302

 
358

Realized capital gains and losses
(99
)
 
28

Total Property-Liability
7,926

 
7,812

Allstate Financial
 

 
 

Life and annuity premiums and contract charges
 

 
 

Life and annuity premiums
 
 
 
Traditional life insurance
138

 
132

Accident and health insurance
216

 
196

Total life and annuity premiums
354

 
328

Contract charges
 
 
 
Interest-sensitive life insurance
209

 
206

Fixed annuities
3

 
3

Total contract charges
212

 
209

Total life and annuity premiums and contract charges
566

 
537

Net investment income
419

 
484

Realized capital gains and losses
(49
)
 
111

Total Allstate Financial
936

 
1,132

Corporate and Other
 

 
 

Service fees
1

 
1

Net investment income
10

 
8

Realized capital gains and losses
(1
)
 
—

Total Corporate and Other before reclassification of service fees
10

 
9

Reclassification of service fees (1)
(1
)
 
(1
)
Total Corporate and Other
9

 
8

Consolidated revenues
$
8,871

 
$
8,952

_______________
(1) 
For presentation in the Condensed Consolidated Statements of Operations, service fees of the Corporate and Other segment are reclassified to operating costs and expenses.
Schedule of business segments net income disclosures
Summarized financial performance data for each of the Company’s reportable segments are as follows:
($ in millions)
Three months ended March 31,
 
2016
 
2015
Property-Liability
 

 
 

Underwriting income
 

 
 

Allstate Protection
$
127

 
$
469

Discontinued Lines and Coverages
(2
)
 
(2
)
Total underwriting income
125

 
467

Net investment income
302

 
358

Income tax expense on operations (1)
(141
)
 
(305
)
Realized capital gains and losses, after-tax
(64
)
 
18

Property-Liability net income applicable to common shareholders
222

 
538

Allstate Financial
 

 
 

Life and annuity premiums and contract charges
566

 
537

Net investment income
419

 
484

Contract benefits and interest credited to contractholder funds
(639
)
 
(633
)
Operating costs and expenses and amortization of deferred policy acquisition costs
(194
)
 
(192
)
Income tax expense on operations
(48
)
 
(62
)
Operating income
104

 
134

Realized capital gains and losses, after-tax
(32
)
 
72

Valuation changes on embedded derivatives that are not hedged, after-tax
(4
)
 
(5
)
DAC and DSI amortization related to realized capital gains and losses and valuation changes on embedded derivatives that are not hedged, after-tax
(1
)
 
—

Gain (loss) on disposition of operations, after-tax
1

 
(1
)
Change in accounting for investments in qualified affordable housing projects, after-tax
—

 
(17
)
Allstate Financial net income applicable to common shareholders
68

 
183

Corporate and Other
 

 
 

Service fees (2)
1

 
1

Net investment income
10

 
8

Operating costs and expenses (2)
(80
)
 
(79
)
Income tax benefit on operations
25

 
26

Preferred stock dividends
(29
)
 
(29
)
Operating loss
(73
)
 
(73
)
Realized capital gains and losses, after-tax
—

 
—

Corporate and Other net loss applicable to common shareholders
(73
)
 
(73
)
Consolidated net income applicable to common shareholders
$
217

 
$
648

_______________
(1) 
Income tax on operations for the Property-Liability segment includes $28 million of expense related to the change in accounting guidance for investments in qualified affordable housing projects adopted in 2015.
(2) 
For presentation in the Condensed Consolidated Statements of Operations, service fees of the Corporate and Other segment are reclassified to operating costs and expenses.