Reporting Segments (Tables)

12 Months Ended

Dec. 31, 2011

Reporting Segments

Schedule of business segments revenue disclosures

($ in millions)	2011			2010			2009
Revenues
Property-Liability
Property-liability insurance premiums
Standard auto	$	16,500		$	16,530		$	16,642
Non-standard auto		799			905			966
Total auto		17,299			17,435			17,608
Homeowners		6,200			6,078			6,077
Other personal lines		2,443			2,442			2,510
Allstate Protection		25,942			25,955			26,195
Discontinued Lines and Coverages		—			2			(1	)
Total property-liability insurance premiums		25,942			25,957			26,194
Net investment income		1,201			1,189			1,328
Realized capital gains and losses		85			(321	)		(168	)
Total Property-Liability		27,228			26,825			27,354
Allstate Financial
Life and annuity premiums and contract charges
Traditional life insurance		441			420			407
Immediate annuities with life contingencies		106			97			102
Accident and health insurance		643			621			460
Total life and annuity premiums		1,190			1,138			969
Interest-sensitive life insurance		1,015			991			944
Fixed annuities		33			39			45
Total contract charges		1,048			1,030			989
Total life and annuity premiums and contract charges		2,238			2,168			1,958
Net investment income		2,716			2,853			3,064
Realized capital gains and losses		388			(517	)		(431	)
Total Allstate Financial		5,342			4,504			4,591
Corporate and Other
Service fees		7			11			9
Net investment income		54			60			52
Realized capital gains and losses		30			11			16
Total Corporate and Other before reclassification of service fees		91			82			77
Reclassification of service fees (1)		(7	)		(11	)		(9	)
Total Corporate and Other		84			71			68
Consolidated revenues	$	32,654		$	31,400		$	32,013

⁽¹⁾

For presentation in the Consolidated Statements of Operations, service fees of the Corporate and Other segment are reclassified to operating costs and expenses.

Schedule of business segments net income disclosures

($ in millions)	2011			2010			2009
Net income
Property-Liability
Underwriting (loss) income
Allstate Protection	$	(857	)	$	525		$	1,032
Discontinued Lines and Coverages		(25	)		(31	)		(32	)
Total underwriting (loss) income		(882	)		494			1,000
Net investment income		1,201			1,189			1,328
Income tax benefit (expense) on operations		30			(426	)		(560	)
Realized capital gains and losses, after-tax		54			(207	)		(222	)
Gain on disposition of operations, after-tax		—			3			—
Property-Liability net income		403			1,053			1,546
Allstate Financial
Life and annuity premiums and contract charges		2,238			2,168			1,958
Net investment income		2,716			2,853			3,064
Periodic settlements and accruals on non-hedge derivative instruments		70			51			14
Contract benefits and interest credited to contractholder funds		(3,378	)		(3,613	)		(3,655	)
Operating costs and expenses and amortization of deferred policy acquisition costs		(898	)		(804	)		(872	)
Restructuring and related charges		(1	)		3			(25	)
Income tax expense on operations		(240	)		(214	)		(148	)
Operating income		507			444			336
Realized capital gains and losses, after-tax		250			(337	)		(417	)
Valuation changes on embedded derivatives that are not hedged, after-tax		(12	)		—			—
DAC and DSI amortization related to realized capital gains and losses and valuation changes on embedded derivatives that are not hedged, after-tax		(108	)		(29	)		(153	)
DAC and DSI unlocking related to realized capital gains and losses, after-tax		3			(12	)		(219	)
Reclassification of periodic settlements and accruals on non-hedge derivative instruments, after-tax		(45	)		(33	)		(9	)
(Loss) gain on disposition of operations, after-tax		(5	)		9			10
Allstate Financial net income (loss)		590			42			(452	)
Corporate and Other
Service fees (1)		7			11			9
Net investment income		54			60			52
Operating costs and expenses (1)		(403	)		(390	)		(419	)
Income tax benefit on operations		126			128			141
Operating loss		(216	)		(191	)		(217	)
Realized capital gains and losses, after-tax		20			7			11
Business combination expenses, after-tax		(10	)		—			—
Corporate and Other net loss		(206	)		(184	)		(206	)
Consolidated net income	$	787		$	911		$	888

⁽¹⁾

For presentation in the Consolidated Statements of Operations, service fees of the Corporate and Other segment are reclassified to operating costs and expenses.

Additional significant financial performance data

($ in millions)	2011			2010			2009
Amortization of DAC
Property-Liability	$	3,477		$	3,517		$	3,615
Allstate Financial		494			290			821
Consolidated	$	3,971		$	3,807		$	4,436
Income tax expense
Property-Liability	$	1		$	314		$	614
Allstate Financial		289			(1	)		(66	)
Corporate and Other		(118	)		(124	)		(136	)
Consolidated	$	172		$	189		$	412

Summarized data for total assets and investments

($ in millions)	2011		2010		2009
Assets
Property-Liability	$	49,791	$	47,536	$	47,143
Allstate Financial		72,526		78,732		81,561
Corporate and Other		2,876		4,232		3,505
Consolidated	$	125,193	$	130,500	$	132,209
Investments
Property-Liability	$	35,998	$	35,048	$	34,526
Allstate Financial		57,373		61,582		62,216
Corporate and Other		2,247		3,853		3,091
Consolidated	$	95,618	$	100,483	$	99,833