XML 253 R212.htm IDEA: XBRL DOCUMENT v3.24.0.1
Schedule II - Condensed Financial Information of Registrant - Statement of Financial Position (Details) - USD ($)
$ / shares in Units, $ in Millions
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Assets      
Fixed income securities, at fair value $ 48,865 $ 42,485  
Short-term investments, at fair value 5,144 4,173  
Cash 722 736  
Total assets 103,362 97,989  
Liabilities      
Debt 7,942 7,964  
Total liabilities 85,732 80,626  
Shareholders’ equity      
Preferred stock and additional capital paid-in, $1 par value, 25 million shares authorized, 82.0 thousand and 81.0 thousand shares issued and outstanding, $2,050 and $2,025 aggregate liquidation preference 2,001 1,970  
Common stock, $.01 par value, 2.0 billion shares authorized and 900 million issued, 262 million and 263 million shares outstanding 9 9  
Additional capital paid-in 3,854 3,788  
Retained income 49,716 50,970  
Treasury stock, at cost (638 million and 637 million shares) (37,110) (36,857)  
Accumulated other comprehensive income:      
Unrealized net capital gains and losses (604) (2,255)  
Unrealized foreign currency translation adjustments (98) (165)  
Unamortized pension and other postretirement prior service credit 13 29  
Discount rate for reserve for future policy benefits (11) (1)  
Total accumulated other comprehensive loss (700) (2,392)  
Total Allstate shareholders’ equity 17,770 17,488 $ 24,944
Total liabilities and equity 103,362 97,989  
Additional balance sheet disclosures:      
Amortized cost, net 49,649 45,370  
Other short term Investments, amortized cost $ 5,145 $ 4,174  
Preferred stock, par or stated value per share (in dollars per share) $ 1 $ 1  
Preferred stock, shares authorized (in shares) 25,000,000 25,000,000  
Preferred stock, shares issued (in shares) 82,000 81,000  
Preferred stock, shares outstanding (in shares) 82,000 81,000  
Preferred Stock, liquidation preference $ 2,050 $ 2,025  
Common stock, par or stated value per share (in dollars per share) $ 0.01 $ 0.01  
Common stock, shares authorized (in shares) 2,000,000,000 2,000,000,000  
Common stock, shares, issued (in shares) 900,000,000 900,000,000  
Common stock, shares, outstanding (in shares) 262,000,000 263,000,000  
Treasury stock, shares (in shares) 638,000,000 637,000,000  
Allstate Corporation      
Assets      
Investment in subsidiaries $ 24,388 $ 23,711  
Fixed income securities, at fair value 1,003 2,422  
Short-term investments, at fair value 297 291  
Cash 0 0  
Receivable from subsidiaries 359 341  
Deferred income taxes 90 59  
Other assets 233 108  
Total assets 26,370 26,932  
Liabilities      
Debt 7,585 7,588  
Pension and other postretirement benefit obligations 237 180  
Deferred compensation 341 320  
Notes due to subsidiaries 0 1,000  
Dividends payable to shareholders 270 260  
Other liabilities 167 96  
Total liabilities 8,600 9,444  
Shareholders’ equity      
Preferred stock and additional capital paid-in, $1 par value, 25 million shares authorized, 82.0 thousand and 81.0 thousand shares issued and outstanding, $2,050 and $2,025 aggregate liquidation preference 2,001 1,970  
Common stock, $.01 par value, 2.0 billion shares authorized and 900 million issued, 262 million and 263 million shares outstanding 9 9  
Additional capital paid-in 3,854 3,788  
Retained income 49,716 50,970  
Treasury stock, at cost (638 million and 637 million shares) (37,110) (36,857)  
Accumulated other comprehensive income:      
Unrealized net capital gains and losses (604) (2,255)  
Unrealized foreign currency translation adjustments (98) (165)  
Unamortized pension and other postretirement prior service credit 13 29  
Discount rate for reserve for future policy benefits (11) (1)  
Total accumulated other comprehensive loss (700) (2,392)  
Total Allstate shareholders’ equity 17,770 17,488  
Total liabilities and equity 26,370 26,932  
Additional balance sheet disclosures:      
Amortized cost, net 1,027 2,513  
Other short term Investments, amortized cost $ 297 $ 291  
Preferred stock, par or stated value per share (in dollars per share) $ 1 $ 1  
Preferred stock, shares authorized (in shares) 25,000,000 25,000,000  
Preferred stock, shares issued (in shares) 82,000 81,000  
Preferred stock, shares outstanding (in shares) 82,000 81,000  
Preferred Stock, liquidation preference $ 2,050 $ 2,025  
Common stock, par or stated value per share (in dollars per share) $ 0.01 $ 0.01  
Common stock, shares authorized (in shares) 2,000,000,000 2,000,000,000  
Common stock, shares, issued (in shares) 900,000,000 900,000,000  
Common stock, shares, outstanding (in shares) 262,000,000 263,000,000  
Treasury stock, shares (in shares) 638,000,000 637,000,000