XML 72 R55.htm IDEA: XBRL DOCUMENT v3.23.3
Reportable Segments - Schedule of Reportable Segments Financial Performance (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Segment Reporting Information        
Property-Liability net investment income $ 689 $ 690 $ 1,874 $ 1,846
Net gains (losses) on investments and derivatives (86) (167) (223) (1,167)
Pension and other postretirement remeasurement gains (losses) (149) (79) (56) (91)
Amortization of purchased intangibles (83) (90) (246) (264)
Less: Net income (loss) attributable to noncontrolling interest 1 (15) (23) (34)
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)
Segment Reconciling Items        
Segment Reporting Information        
Adjusted net income (loss) by segment, after-tax 389 598 1,737 754
Net gains (losses) on investments and derivatives (86) (167) (223) (1,167)
Pension and other postretirement remeasurement gains (losses) (149) (79) (56) (91)
Amortization of purchased intangibles (23) (29) (71) (86)
Gain (loss) on disposition (5) (5) (4) 6
Non-recurring costs 0 0 (90) 0
Income tax benefit on reconciling items 25 246 501 396
Property-Liability        
Segment Reporting Information        
Less: Net income (loss) attributable to noncontrolling interest 2 (15) (22) (35)
Property-Liability | Operating Segments        
Segment Reporting Information        
Underwriting income (loss) by segment (414) (1,292) (3,509) (1,876)
Property-Liability net investment income 627 632 1,680 1,696
Net gains (losses) on investments and derivatives (62) (123) (185) (988)
Property-Liability | Segment Reconciling Items        
Segment Reporting Information        
Property-Liability net investment income 627 632 1,680 1,696
Allstate Protection | Operating Segments        
Segment Reporting Information        
Underwriting income (loss) by segment (331) (1,170) (3,421) (1,749)
Run-off Property-Liability | Operating Segments        
Segment Reporting Information        
Underwriting income (loss) by segment (83) (122) (88) (127)
Protection Services | Operating Segments        
Segment Reporting Information        
Adjusted net income (loss) by segment, after-tax 27 35 102 131
Property-Liability net investment income 19 13 53 34
Net gains (losses) on investments and derivatives (8) (13) (13) (56)
Allstate Health and Benefits | Operating Segments        
Segment Reporting Information        
Adjusted net income (loss) by segment, after-tax 69 63 182 187
Property-Liability net investment income 20 17 60 50
Net gains (losses) on investments and derivatives (2) (6) 1 (25)
Corporate and Other | Operating Segments        
Segment Reporting Information        
Adjusted net income (loss) by segment, after-tax (110) (104) (310) (322)
Property-Liability net investment income 23 28 81 66
Net gains (losses) on investments and derivatives $ (14) $ (25) $ (26) $ (98)