Allstate Corporation (The) (ALL) Financial Statements (2023 and Earlier)

Company Profile

Business Address 2775 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments11,8338,1774,5983,5262,5614,7242,617
Cash and cash equivalents763377338499617436495
Short-term investments11,0707,8004,2603,0271,9444,2882,122
Receivables370     59
Total current assets:12,2038,1774,5983,5262,5614,7242,676
Noncurrent Assets
Operating lease, right-of-use asset314 483
Property, plant and equipment9391,0571,1451,0451,0721,0651,024
Long-term investments and receivables8,0187,6098,0787,5056,7405,8144,874
Long-term investments8,0187,6098,0787,5056,7405,8144,874
Intangible assets, net (including goodwill), including:1,4204534817132,1811,2191,219
Goodwill3,5022,5442,5452,5302,1811,2191,219
Intangible assets, net (excluding goodwill)(1,130)(751)(633)(572)   
Other undisclosed intangible assets, net (including goodwill)(952)(1,340)(1,431)(1,245)   
Total noncurrent assets:10,6919,11910,1879,2639,9938,0987,117
Other undisclosed assets76,546108,691105,16599,46099,86895,78894,863
TOTAL ASSETS:99,440125,987119,950112,249112,422108,610104,656
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 8412412444135 
Taxes payable 8412412444135 
Total current liabilities: 8412412444135 
Noncurrent Liabilities
Liabilities, other than long-term debt8331,355     
Deferred income tax liabilities8331,355 
Total noncurrent liabilities:8331,355     
Other undisclosed liabilities73,48094,33193,82890,81389,82787,90284,631
Total liabilities:74,31395,77093,95290,93789,87188,03784,631
Stockholders' equity
Stockholders' equity attributable to parent, including:25,17930,21725,99821,31222,55120,57320,025
Treasury stock, value(34,471)(31,331)(29,746)(28,085)(25,982)(24,741)(23,620)
Additional paid in capital3,7223,4983,4633,3103,3133,3033,245
Accumulated other comprehensive income (loss)6553,3041,950(1,557)306(416)(755)
Retained earnings53,29452,76748,07445,70843,16240,67839,413
Unearned esop shares   (3)(3)(6)(13)
Other undisclosed stockholders' equity attributable to parent1,9791,9792,2571,9391,7551,7551,755
Stockholders' equity attributable to noncontrolling interest(52)      
Total stockholders' equity:25,12730,21725,99821,31222,55120,57320,025
TOTAL LIABILITIES AND EQUITY:99,440125,987119,950112,249112,422108,610104,656

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues50,58844,79144,67539,81538,52436,53435,653
Premiums earned, net44,03939,51738,57736,513
Financial services revenue34,67833,58232,467
Cost of revenue(6,252)(638)(640)(654)(690)(726)(5,125)
Policyholder account balance, interest expense (638)(640)(654)(690)(726)(761)
Deferred policy acquisition costs, amortization expense(6,252)     (4,364)
Gross profit:44,33644,15344,03539,16137,83435,80830,528
Operating expenses(7,806)(6,109)(5,963)(6,057)(4,892)(4,136)(4,120)
Operating income:36,53038,04438,07233,10432,94231,67226,408
Nonoperating income
(Investment Income, Nonoperating)
 46 2053
Interest and debt expense(330)(318)(327)(332)(335)(295)(292)
Income from continuing operations before income taxes:36,20037,73037,75132,77232,62731,38226,119
Income tax expense(1,289)(1,383)(1,242)(492)(802)(877)(1,111)
Other undisclosed loss from continuing operations(29,752)      
Income from continuing operations:5,15936,34736,50932,28031,82530,50525,008
Loss from discontinued operations(3,593)      
Net income:1,56636,34736,50932,28031,82530,50525,008
Net income attributable to noncontrolling interest33      
Other undisclosed net loss attributable to parent (30,771)(31,662)(30,028)(28,636)(28,628)(22,837)
Net income attributable to parent:1,5995,5764,8472,2523,1891,8772,171
Preferred stock dividends and other adjustments(114)(115)(169)(148)(116)(116)(116)
Net income available to common stockholders, diluted:1,4855,4614,6782,1043,0731,7612,055

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:1,56636,34736,50932,28031,82530,50525,008
Other comprehensive income (loss)(2,649)1,3541,832(953)673(94)(10)
Comprehensive income (loss):(1,083)37,70138,34131,32732,49830,41124,998
Comprehensive income, net of tax, attributable to noncontrolling interest36      
Other undisclosed comprehensive loss, net of tax, attributable to parent (30,771)(31,662)(30,028)(28,636)(28,195)(24,143)
Comprehensive income (loss), net of tax, attributable to parent:(1,047)6,9306,6791,2993,8622,216855

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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