State Auto Financial Corporation (STFC) financial statements (2020 and earlier)

Company profile

Business Address 518 EAST BROAD STREET
COLUMBUS, OH 43215
State of Incorp. OH
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments473319251588680
Cash and cash equivalents78609251588680
Short-term investments395(29)     
Receivables377354328317300298 
Income taxes receivable0
Total current assets:85138541936835838481
Noncurrent Assets
Property, plant and equipment4777888
Deferred tax assets, net  49425016
Total noncurrent assets:47757495824
Other undisclosed assets2,1312,5042,5882,5352,4222,3252,392
TOTAL ASSETS:2,9852,8963,0142,9592,8292,7672,496
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt      9
Other liabilities      9
Total noncurrent liabilities:      9
Other undisclosed liabilities2,0262,0772,1332,0681,9441,8941,703
Total liabilities:2,0262,0772,1332,0681,9441,8941,711
Stockholders' equity
Stockholders' equity attributable to parent960819881891885873785
Common stock126125123122120119119
Treasury stock, value(118)(117)(117)(117)(116)(116)(116)
Additional paid in capital207194172160154143138
Accumulated other comprehensive income (loss)(38)(96)3733387281
Retained earnings783713666694689655564
Total stockholders' equity:960819881891885873785
TOTAL LIABILITIES AND EQUITY:2,9852,8963,0142,9592,8292,7672,496

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1,4101,2761,4211,4051,3691,1731,153
Premiums earned, net1,2531,238
Financial services revenue1,2751,2921,2711,0971,055
Cost of revenue(217)(220)(258)(290)(283)(473)210
Deferred policy acquisition costs, amortization expense(217)(220)(258)(290)(283)(222)210
Financial services costs   (251) 
Gross profit:1,1941,0561,1641,1151,0867001,363
Operating expenses(1,303)(1,263)(1,388)(1,386)(1,301)(1,146)(1,092)
Operating income (loss):(110)(207)(224)(271)(216)(446)271
Nonoperating income
(Investment Income, Nonoperating)
     9773
Interest and debt expense(5)(6)(6)(0)(5)(5)(9)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes221226264291288381(274)
Income from continuing operations before income taxes:107133319672761
Income tax expense (benefit)(20)(0)(44)2(16)81(1)
Net income (loss):8713(11)215110761
Other undisclosed net loss attributable to parent (18)(2)(24)   
Net income (loss) available to common stockholders, basic:87(5)(13)(3)5110761
Dilutive securities, effect on basic earnings per share(1)      
Other undisclosed net income available to common stockholders, diluted 18224   
Net income (loss) available to common stockholders, diluted:8613(11)215110761

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):8713(11)215110761
Other comprehensive income (loss)59(36)4(5)(34)(9)(3)
Comprehensive income (loss), net of tax, attributable to parent:146(24)(7)16179857

Statements sources

The financial statements are based on the company's filings with the 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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