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Consolidated Statements of Financial Position - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Investments    
Fixed income securities, at fair value (amortized cost, net $49,649 and $45,370) $ 48,865 $ 42,485
Equity securities, at fair value (cost $2,244 and $4,253) 2,411 4,567
Mortgage loans, net 822 762
Limited partnership interests 8,380 8,114
Short-term, at fair value (amortized cost $5,145 and $4,174) 5,144 4,173
Other investments, net 1,055 1,728
Total investments 66,677 61,829
Cash 722 736
Premium installment receivables, net 10,044 9,165
Deferred policy acquisition costs 5,940 5,442
Reinsurance and indemnification recoverables, net 8,809 9,619
Accrued investment income 539 423
Deferred income taxes 219 382
Property and equipment, net 859 987
Goodwill 3,502 3,502
Other assets, net 6,051 5,904
Total assets 103,362 97,989
Liabilities    
Reserve for property and casualty insurance claims and claims expense 39,858 37,541
Reserve for future policy benefits 1,347 1,322
Contractholder funds 888 879
Unearned premiums 24,709 22,299
Claim payments outstanding 1,353 1,268
Other liabilities and accrued expenses 9,635 9,353
Debt 7,942 7,964
Total liabilities 85,732 80,626
Commitments and Contingent Liabilities (Note 7, 9 and 15)
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
Noncontrolling interest (140) (125)
Total equity 17,630 17,363
Total liabilities and equity $ 103,362 $ 97,989