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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues    
Other revenue $ 669 $ 561
Net investment income 764 575
Net gains (losses) on investments and derivatives (164) 14
Total revenues 15,259 13,786
Costs and expenses    
Property and casualty insurance claims and claims expense 9,501 10,326
Accident, health and other policy benefits 296 265
Amortization of deferred policy acquisition costs 1,939 1,744
Operating costs and expenses 1,885 1,716
Pension and other postretirement remeasurement (gains) losses (2) (53)
Restructuring and related charges 10 27
Amortization of purchased intangibles 69 81
Interest expense 97 86
Total costs and expenses 13,795 14,192
Income (loss) from operations before income tax expense 1,464 (406)
Income tax expense (benefit) 266 (85)
Net income (loss) 1,198 (321)
Less: Net loss attributable to noncontrolling interest (20) (1)
Net income (loss) attributable to Allstate 1,218 (320)
Less: Preferred stock dividends 29 26
Net income (loss) applicable to common shareholders, basic 1,189 (346)
Net income (loss) applicable to common shareholders, diluted $ 1,189 $ (346)
Earnings per common share:    
Net income (loss) applicable to common shareholders per common share - Basic (in dollars per share) $ 4.51 $ (1.31)
Weighted average common shares - Basic (in shares) 263.5 263.5
Net income (loss) applicable to common shareholders per common share - Diluted (in dollars per share) $ 4.46 $ (1.31)
Weighted average common shares - Diluted (in shares) 266.5 263.5
Property and casualty insurance premiums    
Revenues    
Insurance premiums and contract charges $ 13,512 $ 12,173
Accident and health insurance premiums and contract charges    
Revenues    
Insurance premiums and contract charges $ 478 $ 463