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 investments | 11,833 | 8,177 | 4,598 | 3,526 | 2,561 | 4,724 | 2,617 | ||
| Cash and cash equivalents | 763 | 377 | 338 | 499 | 617 | 436 | 495 | ||
| Short-term investments | 11,070 | 7,800 | 4,260 | 3,027 | 1,944 | 4,288 | 2,122 | ||
| Receivables | 370 | 59 | |||||||
| Total current assets: | 12,203 | 8,177 | 4,598 | 3,526 | 2,561 | 4,724 | 2,676 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 314 | 483 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 939 | 1,057 | 1,145 | 1,045 | 1,072 | 1,065 | 1,024 | ||
| Long-term investments and receivables | 8,018 | 7,609 | 8,078 | 7,505 | 6,740 | 5,814 | 4,874 | ||
| Long-term investments | 8,018 | 7,609 | 8,078 | 7,505 | 6,740 | 5,814 | 4,874 | ||
| Intangible assets, net (including goodwill), including: | 1,420 | 453 | 481 | 713 | 2,181 | 1,219 | 1,219 | ||
| Goodwill | 3,502 | 2,544 | 2,545 | 2,530 | 2,181 | 1,219 | 1,219 | ||
| 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: | 10,691 | 9,119 | 10,187 | 9,263 | 9,993 | 8,098 | 7,117 | ||
| Other undisclosed assets | 76,546 | 108,691 | 105,165 | 99,460 | 99,868 | 95,788 | 94,863 | ||
| TOTAL ASSETS: | 99,440 | 125,987 | 119,950 | 112,249 | 112,422 | 108,610 | 104,656 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 84 | 124 | 124 | 44 | 135 | ||||
| Taxes payable | 84 | 124 | 124 | 44 | 135 | ||||
| Total current liabilities: | 84 | 124 | 124 | 44 | 135 | ||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 833 | 1,355 | |||||||
| Deferred income tax liabilities | 833 | 1,355 | ✕ | ✕ | ✕ | ✕ | |||
| Total noncurrent liabilities: | 833 | 1,355 | |||||||
| Other undisclosed liabilities | 73,480 | 94,331 | 93,828 | 90,813 | 89,827 | 87,902 | 84,631 | ||
| Total liabilities: | 74,313 | 95,770 | 93,952 | 90,937 | 89,871 | 88,037 | 84,631 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 25,179 | 30,217 | 25,998 | 21,312 | 22,551 | 20,573 | 20,025 | ||
| Treasury stock, value | (34,471) | (31,331) | (29,746) | (28,085) | (25,982) | (24,741) | (23,620) | ||
| Additional paid in capital | 3,722 | 3,498 | 3,463 | 3,310 | 3,313 | 3,303 | 3,245 | ||
| Accumulated other comprehensive income (loss) | 655 | 3,304 | 1,950 | (1,557) | 306 | (416) | (755) | ||
| Retained earnings | 53,294 | 52,767 | 48,074 | 45,708 | 43,162 | 40,678 | 39,413 | ||
| Unearned esop shares | (3) | (3) | (6) | (13) | |||||
| Other undisclosed stockholders' equity attributable to parent | 1,979 | 1,979 | 2,257 | 1,939 | 1,755 | 1,755 | 1,755 | ||
| Stockholders' equity attributable to noncontrolling interest | (52) | ||||||||
| Total stockholders' equity: | 25,127 | 30,217 | 25,998 | 21,312 | 22,551 | 20,573 | 20,025 | ||
| TOTAL LIABILITIES AND EQUITY: | 99,440 | 125,987 | 119,950 | 112,249 | 112,422 | 108,610 | 104,656 | ||
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 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 50,588 | 44,791 | 44,675 | 39,815 | 38,524 | 36,534 | 35,653 | |
| Premiums earned, net | 44,039 | 39,517 | 38,577 | 36,513 | ✕ | ✕ | ✕ | |
| Financial services revenue | ✕ | ✕ | ✕ | ✕ | 34,678 | 33,582 | 32,467 | |
| 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: | 44,336 | 44,153 | 44,035 | 39,161 | 37,834 | 35,808 | 30,528 | |
| Operating expenses | (7,806) | (6,109) | (5,963) | (6,057) | (4,892) | (4,136) | (4,120) | |
| Operating income: | 36,530 | 38,044 | 38,072 | 33,104 | 32,942 | 31,672 | 26,408 | |
| Nonoperating income (Investment Income, Nonoperating) | 4 | 6 | 20 | 5 | 3 | |||
| Interest and debt expense | (330) | (318) | (327) | (332) | (335) | (295) | (292) | |
| Income from continuing operations before income taxes: | 36,200 | 37,730 | 37,751 | 32,772 | 32,627 | 31,382 | 26,119 | |
| 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: | 5,159 | 36,347 | 36,509 | 32,280 | 31,825 | 30,505 | 25,008 | |
| Loss from discontinued operations | (3,593) | |||||||
| Net income: | 1,566 | 36,347 | 36,509 | 32,280 | 31,825 | 30,505 | 25,008 | |
| Net income attributable to noncontrolling interest | 33 | |||||||
| Other undisclosed net loss attributable to parent | (30,771) | (31,662) | (30,028) | (28,636) | (28,628) | (22,837) | ||
| Net income attributable to parent: | 1,599 | 5,576 | 4,847 | 2,252 | 3,189 | 1,877 | 2,171 | |
| Preferred stock dividends and other adjustments | (114) | (115) | (169) | (148) | (116) | (116) | (116) | |
| Net income available to common stockholders, diluted: | 1,485 | 5,461 | 4,678 | 2,104 | 3,073 | 1,761 | 2,055 | |
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: | 1,566 | 36,347 | 36,509 | 32,280 | 31,825 | 30,505 | 25,008 | |
| Other comprehensive income (loss) | (2,649) | 1,354 | 1,832 | (953) | 673 | (94) | (10) | |
| Comprehensive income (loss): | (1,083) | 37,701 | 38,341 | 31,327 | 32,498 | 30,411 | 24,998 | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 36 | |||||||
| 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) | 6,930 | 6,679 | 1,299 | 3,862 | 2,216 | 855 | |
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.