State Auto Financial Corporation (STFC) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4804733192515886
Cash and cash equivalents91786092515886
Short-term investments390395(29)    
Receivables391377354328317300298
Total current assets:872851385419368358384
Noncurrent Assets
Property, plant and equipment4477788
Deferred income tax assets27 
Deferred tax assets, net  494250
Total noncurrent assets:32477574958
Other undisclosed assets2,2002,1312,5042,5882,5352,4222,325
TOTAL ASSETS:3,1032,9852,8963,0142,9592,8292,767
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities2,0932,0262,0772,1332,0681,9441,894
Total liabilities:2,0932,0262,0772,1332,0681,9441,894
Stockholders' equity
Stockholders' equity attributable to parent1,010960819881891885873
Common stock127126125123122120119
Treasury stock, value(118)(118)(117)(117)(117)(116)(116)
Additional paid in capital213207194172160154143
Accumulated other comprehensive income (loss)14(38)(96)37333872
Retained earnings774783713666694689655
Total stockholders' equity:1,010960819881891885873
TOTAL LIABILITIES AND EQUITY:3,1032,9852,8963,0142,9592,8292,767

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,4821,4101,2761,4211,4051,3691,173
Premiums earned, net1,3811,2531,238
Financial services revenue1,2751,2921,2711,097
Cost of revenue(237)(217)(220)(258)(290)(283)(473)
Deferred policy acquisition costs, amortization expense(237)(217)(220)(258)(290)(283)(222)
Financial services costs   (251)
Gross profit:1,2461,1941,0561,1641,1151,086700
Operating expenses(1,468)(1,303)(1,263)(1,388)(1,386)(1,301)(1,146)
Operating loss:(222)(110)(207)(224)(271)(216)(446)
Nonoperating income
(Investment Income, Nonoperating)
      97
Interest and debt expense(5)(5)(6)(6)(0)(5)(5)
Other undisclosed income from continuing operations before equity method investments, income taxes241221226264291288381
Income from continuing operations before income taxes:141071333196727
Income tax expense (benefit)(1)(20)(0)(44)2(16)81
Net income (loss):138713(11)2151107
Other undisclosed net loss attributable to parent  (18)(2)(24)  
Net income (loss) available to common stockholders, basic:1387(5)(13)(3)51107
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:138613(11)2151107

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):138713(11)2151107
Other comprehensive income (loss)4159(36)4(5)(34)(9)
Comprehensive income (loss), net of tax, attributable to parent:54146(24)(7)161798

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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