ALLSTATE CORP
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
ALL$261.12+2.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Financial Position
| December 31, | ||
|---|---|---|
| ($ in millions, except par value data) | 2023 | 2022 |
| Assets | ||
| Investments | ||
| Fixed income securities, at fair value (amortized cost, net $49,649 and $45,370) | $48,865 | $42,485 |
| Equity securities, at fair value (cost $2,244 and $4,253) | 2,411 | 4,567 |
| Mortgage loans, net | 822 | 762 |
| Limited partnership interests | 8,380 | 8,114 |
| Short-term, at fair value (amortized cost $5,145 and $4,174) | 5,144 | 4,173 |
| Other investments, net | 1,055 | 1,728 |
| Total investments | 66,677 | 61,829 |
| Cash | 722 | 736 |
| Premium installment receivables, net | 10,044 | 9,165 |
| Deferred policy acquisition costs | 5,940 | 5,442 |
| Reinsurance and indemnification recoverables, net | 8,809 | 9,619 |
| Accrued investment income | 539 | 423 |
| Deferred income taxes | 219 | 382 |
| Property and equipment, net | 859 | 987 |
| Goodwill | 3,502 | 3,502 |
| Other assets, net | 6,051 | 5,904 |
| Total assets | 103,362 | 97,989 |
| Liabilities | ||
| Reserve for property and casualty insurance claims and claims expense | 39,858 | 37,541 |
| Reserve for future policy benefits | 1,347 | 1,322 |
| Contractholder funds | 888 | 879 |
| Unearned premiums | 24,709 | 22,299 |
| Claim payments outstanding | 1,353 | 1,268 |
| Other liabilities and accrued expenses | 9,635 | 9,353 |
| Debt | 7,942 | 7,964 |
| Total liabilities | 85,732 | 80,626 |
| Commitments and Contingent Liabilities (Note 7, 9 and 15) | ||
| Shareholders’ equity | ||
| Preferred stock and additional capital paid-in, $1 par value, 25 million shares authorized, 82.0 thousand and 81.0 thousand shares issued and outstanding, $2,050 and $2,025 aggregate liquidation preference | 2,001 | 1,970 |
| Common stock, $.01 par value, 2.0 billion shares authorized and 900 million issued, 262 million and 263 million shares outstanding | 9 | 9 |
| Additional capital paid-in | 3,854 | 3,788 |
| Retained income | 49,716 | 50,970 |
| Treasury stock, at cost (638 million and 637 million shares) | (37,110) | (36,857) |
| Accumulated other comprehensive income: | ||
| Unrealized net capital gains and losses | (604) | (2,255) |
| Unrealized foreign currency translation adjustments | (98) | (165) |
| Unamortized pension and other postretirement prior service credit | 13 | 29 |
| Discount rate for reserve for future policy benefits | (11) | (1) |
| Total accumulated other comprehensive loss | (700) | (2,392) |
| Total Allstate shareholders’ equity | 17,770 | 17,488 |
| Noncontrolling interest | (140) | (125) |
| Total equity | 17,630 | 17,363 |
| Total liabilities and equity | $103,362 | $97,989 |
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