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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Other revenue $ 561 $ 560
Net investment income 575 594
Net gains (losses) on investments and derivatives 14 (267)
Total revenues 13,786 12,336
Costs and expenses    
Property and casualty insurance claims and claims expense 10,326 7,822
Accident, health and other policy benefits 265 268
Amortization of deferred policy acquisition costs 1,744 1,608
Operating costs and expenses 1,716 1,902
Pension and other postretirement remeasurement (gains) losses (53) (247)
Restructuring and related charges 27 12
Amortization of purchased intangibles 81 87
Interest expense 86 83
Total costs and expenses 14,192 11,535
(Loss) income from operations before income tax expense (406) 801
Income tax (benefit) expense (85) 151
Net (loss) income (321) 650
Less: Net loss attributable to noncontrolling interest (1) (10)
Net (loss) income attributable to Allstate (320) 660
Less: Preferred stock dividends 26 26
Net (loss) income applicable to common shareholders, Basic (346) 634
Net (loss) income applicable to common shareholders, Diluted $ (346) $ 634
Earnings per common share:    
Net (loss) income applicable to common shareholders per common share - Basic (in dollars per share) $ (1.31) $ 2.28
Weighted average common shares - Basic (in shares) 263.5 278.1
Net (loss) income applicable to common shareholders per common share - Basic (in dollars per share) $ (1.31) $ 2.25
Weighted average common shares - Diluted (in shares) 263.5 281.8
Property and casualty insurance premiums    
Revenues    
Insurance premiums and contract charges $ 12,173 $ 10,981
Accident and health insurance premiums and contract charges    
Revenues    
Insurance premiums and contract charges $ 463 $ 468