Allstate Corporation (The) (ALL) Financial Statements (2024 and earlier)

Company Profile

Business Address 3100 SANDERS ROAD
NORTHBROOK, IL 60062
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9,47611,8338,1774,5983,5262,561
Cash and cash equivalents736763377338499617
Short-term investments8,74011,0707,8004,2603,0271,944
Receivables677370    
Total current assets:10,15312,2038,1774,5983,5262,561
Noncurrent Assets
Operating lease, right-of-use asset234314 483
Property, plant and equipment9879391,0571,1451,0451,072
Long-term investments and receivables8,1148,0187,6098,0787,5056,740
Long-term investments8,1148,0187,6098,0787,5056,740
Intangible assets, net (including goodwill), including:1,1771,4204534817132,181
Goodwill3,5023,5022,5442,5452,5302,181
Intangible assets, net (excluding goodwill)1,005(1,130)(751)(633)(572) 
Other undisclosed intangible assets, net (including goodwill)(3,330)(952)(1,340)(1,431)(1,245) 
Deferred income tax assets386   
Total noncurrent assets:10,89810,6919,11910,1879,2639,993
Other undisclosed assets76,90676,546108,691105,16599,46099,868
TOTAL ASSETS:97,95799,440125,987119,950112,249112,422
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities   8412412444
Taxes payable 8412412444
Total current liabilities:   8412412444
Noncurrent Liabilities
Liabilities, other than long-term debt  8331,355   
Deferred income tax liabilities  8331,355 
Total noncurrent liabilities:  8331,355   
Other undisclosed liabilities80,60773,48094,33193,82890,81389,827
Total liabilities:80,60774,31395,77093,95290,93789,871
Equity
Equity, attributable to parent, including:17,47525,17930,21725,99821,31222,551
Treasury stock, value(36,857)(34,471)(31,331)(29,746)(28,085)(25,982)
Additional paid in capital3,7883,7223,4983,4633,3103,313
Accumulated other comprehensive income (loss)(2,389)6553,3041,950(1,557)306
Retained earnings50,95453,29452,76748,07445,70843,162
Unearned esop shares     (3)(3)
Other undisclosed equity, attributable to parent1,9791,9791,9792,2571,9391,755
Equity, attributable to noncontrolling interest(125)(52)    
Total equity:17,35025,12730,21725,99821,31222,551
TOTAL LIABILITIES AND EQUITY:97,95799,440125,987119,950112,249112,422

Income Statement (P&L) ($ in millions)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues51,41250,58844,79144,67539,81538,524
Premiums earned, net47,73744,03939,51738,57736,513
Financial services revenue34,678
Cost of revenue(6,644)(6,252)(638)(640)(654)(690)
Policyholder account balance, interest expense   (638)(640)(654)(690)
Deferred policy acquisition costs, amortization expense(6,644)(6,252)    
Gross profit:44,76844,33644,15344,03539,16137,834
Operating expenses(7,850)(7,806)(6,109)(5,963)(6,057)(4,892)
Operating income:36,91836,53038,04438,07233,10432,942
Nonoperating income
(Investment Income, Nonoperating)
   46 20
Interest and debt expense(335)(330)(318)(327)(332)(335)
Income from continuing operations before income taxes:36,58336,20037,73037,75132,77232,627
Income tax expense (benefit)494(1,289)(1,383)(1,242)(492)(802)
Other undisclosed loss from continuing operations(38,441)(29,752)    
Income (loss) from continuing operations:(1,364)5,15936,34736,50932,28031,825
Income before gain (loss) on sale of properties:1,56636,34736,50932,28031,825
Loss from discontinued operations  (3,593)    
Net income (loss):(1,364)1,56636,34736,50932,28031,825
Net income attributable to noncontrolling interest5333    
Other undisclosed net loss attributable to parent   (30,771)(31,662)(30,028)(28,636)
Net income (loss) attributable to parent:(1,311)1,5995,5764,8472,2523,189
Preferred stock dividends and other adjustments(105)(114)(115)(169)(148)(116)
Net income (loss) available to common stockholders, diluted:(1,416)1,4855,4614,6782,1043,073

Comprehensive Income ($ in millions)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):(1,364)1,56636,34736,50932,28031,825
Other comprehensive income (loss)(3,044)(2,649)1,3541,832(953)673
Comprehensive income (loss):(4,408)(1,083)37,70138,34131,32732,498
Comprehensive income, net of tax, attributable to noncontrolling interest7336    
Other undisclosed comprehensive loss, net of tax, attributable to parent   (30,771)(31,662)(30,028)(28,636)
Comprehensive income (loss), net of tax, attributable to parent:(4,335)(1,047)6,9306,6791,2993,862

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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