← ALLSTATE CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $1.9b | $3.2b | $2.2b | $4.8b | $5.6b | $1.6b | ($1.3b) | ($188.0m) | $4.7b | $10.3b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $1.8b | $3.1b | $2.0b | $4.7b | $5.5b | $1.5b | ($1.4b) | ($316.0m) | $4.5b | $10.2b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | $5.2b | ($1.3b) | ($188.0m) | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | $5.2b | ($1.4b) | ($213.0m) | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | ($3.6b) | $0 | $0 | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | ($3.6b) | $0 | $0 | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | ($33.0m) | ($53.0m) | ($25.0m) | ($68.0m) | ($16.0m) | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | $1.6b | ($1.4b) | ($213.0m) | $4.6b | $10.3b | |
| Amortization | — | — | — | $443.0m | $334.0m | $1.3b | — | — | — | — | |
| Amortization of Intangible Assets | — | — | $105.0m | $126.0m | $118.0m | $376.0m | $353.0m | $329.0m | $280.0m | $231.0m | |
| Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Amortization | $4.5b | $4.8b | $5.2b | $5.5b | $5.6b | $6.3b | — | — | — | — | |
| Deferred Policy Acquisition Costs, Amortization Expense | $4.5b | $4.8b | $5.2b | $5.5b | $5.6b | $6.3b | $6.6b | $7.3b | $8.0b | $8.4b | |
| Depreciation | $267.0m | $290.0m | $299.0m | $326.0m | $353.0m | $411.0m | $335.0m | $343.0m | $316.0m | $259.0m | |
| Depreciation, Amortization and Accretion, Net | $382.0m | $483.0m | $511.0m | $647.0m | $686.0m | $1.1b | $847.0m | $704.0m | $555.0m | $482.0m | |
| Depreciation, amortization and other non-cash items | $382.0m | $483.0m | $511.0m | $647.0m | $686.0m | $1.1b | $847.0m | $704.0m | $555.0m | $482.0m | |
| Deferred Income Tax Expense (Benefit) | $223.0m | ($216.0m) | ($236.0m) | $251.0m | ($116.0m) | $448.0m | ($458.0m) | ($249.0m) | ($17.0m) | $156.0m | |
| Goodwill and Intangible Asset Impairment | — | — | — | $106.0m | $0 | $0 | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $125.0m | $0 | $106.0m | — | — | — | — | — | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | $106.0m | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | $0 | $0 | — | — | — | — | |
| Share-based Payment Arrangement, Expense | $80.0m | $106.0m | $125.0m | $105.0m | $124.0m | $120.0m | $93.0m | $73.0m | $125.0m | $123.0m | |
| Gain (Loss) on Extinguishment of Debt | $0 | — | — | — | — | — | — | — | — | — | |
| Gain on disposition of operations | ($5.0m) | ($20.0m) | ($6.0m) | ($6.0m) | ($4.0m) | ($4.0m) | — | $0 | $0 | ($1.6b) | |
| Income Tax Expense (Benefit) | $877.0m | $802.0m | $468.0m | $1.2b | $1.4b | $1.3b | ($494.0m) | ($135.0m) | $1.2b | $2.9b | |
| Additional Financial Items | |||||||||||
| Acquisition of operations, net of cash acquired | — | ($1.4b) | ($558.0m) | ($18.0m) | $1.0m | ($3.6b) | $0 | $0 | ($13.0m) | $0 | |
| Cash at beginning of period | — | $617.0m | $499.0m | $338.0m | $377.0m | $763.0m | $736.0m | $722.0m | $704.0m | $678.0m | |
| Change in short-term and other investments, net | ($2.4b) | $2.6b | ($505.0m) | ($767.0m) | ($3.9b) | $4.0b | $792.0m | ($617.0m) | $724.0m | ($791.0m) | |
| Claims and claims expense and other insurance reserves | — | $302.0m | $469.0m | ($508.0m) | ($682.0m) | $2.0b | $4.5b | $2.2b | $2.2b | ($943.0m) | |
| Contractholder fund deposits | $1.0b | $1.0b | $1.0b | $996.0m | $991.0m | $826.0m | $133.0m | $130.0m | $129.0m | $30.0m | |
| Contractholder fund withdrawals | ($2.1b) | ($1.9b) | ($2.0b) | ($1.7b) | ($1.5b) | ($1.1b) | ($49.0m) | ($35.0m) | ($37.0m) | ($15.0m) | |
| Debt and Equity Securities, Gain (Loss) | — | — | ($215.0m) | $575.0m | — | — | — | — | — | — | |
| Deferred policy acquisition costs | ($165.0m) | ($214.0m) | ($296.0m) | ($85.0m) | ($125.0m) | ($608.0m) | ($702.0m) | ($489.0m) | ($347.0m) | ($365.0m) | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | $5.0m | $20.0m | $6.0m | $6.0m | $4.0m | $4.0m | — | — | — | $1.6b | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | ($691.0m) | $1.4b | $366.0m | $499.0m | ($1.1b) | $316.0m | $95.0m | $271.0m | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | $910.0m | — | — | — | — | — | — | — | |
| Equity securities | ($6.0b) | ($6.6b) | ($5.9b) | ($7.2b) | ($4.6b) | ($6.4b) | ($9.3b) | ($2.9b) | ($5.0b) | ($10.6b) | |
| Fixed income securities | ($28.0b) | ($31.1b) | ($37.0b) | ($31.3b) | ($38.1b) | ($33.9b) | ($36.9b) | ($29.4b) | ($46.6b) | ($78.8b) | |
| Goodwill | $1.2b | $2.2b | $2.5b | $2.5b | $2.5b | $3.5b | $3.5b | $3.5b | $3.2b | $3.1b | |
| Income taxes | $417.0m | ($245.0m) | ($356.0m) | $487.0m | ($232.0m) | $349.0m | ($721.0m) | ($229.0m) | $753.0m | $583.0m | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | — | — | $22.8b | $24.0b | $22.0b | $29.3b | $37.3b | $41.1b | $2.9b | — | |
| Limited partnership interests | ($1.4b) | ($1.4b) | ($1.7b) | ($1.3b) | ($1.3b) | ($1.8b) | ($1.3b) | ($890.0m) | ($1.4b) | ($1.3b) | |
| Mortgage loans | ($646.0m) | ($646.0m) | ($664.0m) | ($844.0m) | ($203.0m) | ($221.0m) | ($104.0m) | ($145.0m) | ($113.0m) | ($242.0m) | |
| Net (gains) losses on investments and derivatives | $90.0m | ($445.0m) | $877.0m | ($1.9b) | ($1.4b) | ($1.3b) | $1.1b | $300.0m | $225.0m | $168.0m | |
| Other | $36.0m | ($57.0m) | $91.0m | $129.0m | $41.0m | ($35.0m) | ($35.0m) | ($49.0m) | ($16.0m) | $42.0m | |
| Other investments | ($885.0m) | ($999.0m) | ($864.0m) | ($666.0m) | ($371.0m) | ($1.6b) | ($295.0m) | ($292.0m) | ($172.0m) | ($609.0m) | |
| Other operating assets and liabilities | ($16.0m) | $328.0m | $1.2b | ($50.0m) | $457.0m | ($1.4b) | ($541.0m) | ($387.0m) | ($351.0m) | ($362.0m) | |
| Pension and other postretirement remeasurement (gains) losses | — | ($217.0m) | $468.0m | $114.0m | ($51.0m) | ($644.0m) | $116.0m | $9.0m | ($37.0m) | ($35.0m) | |
| Premium installment receivables, net | ($42.0m) | ($131.0m) | ($396.0m) | ($299.0m) | ($3.0m) | ($498.0m) | ($1.0b) | ($861.0m) | ($705.0m) | ($831.0m) | |
| Proceeds from Stock Options Exercised | $187.0m | $178.0m | $92.0m | $154.0m | $111.0m | $151.0m | $130.0m | $103.0m | $189.0m | $78.0m | |
| Proceeds from disposition of operations, net of cash transferred | — | — | — | $0 | $0 | $2.1b | $0 | $0 | $0 | $3.0b | |
| Proceeds from issuance of preferred stock | $0 | $0 | $557.0m | $1.4b | $0 | $0 | $0 | $587.0m | $0 | $0 | |
| Proceeds from sale of property and equipment | — | — | — | — | $0 | $0 | $209.0m | $27.0m | $18.0m | $0 | |
| Realized Investment Gains (Losses) | ($90.0m) | $445.0m | ($877.0m) | $1.9b | $1.4b | $1.3b | ($1.1b) | ($300.0m) | ($225.0m) | ($168.0m) | |
| Redemption of preferred stock | $0 | $0 | ($385.0m) | ($1.1b) | ($288.0m) | ($450.0m) | $0 | ($575.0m) | $0 | $0 | |
| Reinsurance and indemnification recoverables, net | ($264.0m) | ($211.0m) | ($656.0m) | $320.0m | ($11.0m) | ($1.6b) | $408.0m | $807.0m | ($226.0m) | $630.0m | |
| Shares reissued under equity incentive plans, net | $164.0m | $135.0m | $73.0m | $120.0m | $63.0m | $114.0m | $82.0m | $73.0m | $163.0m | $48.0m | |
| Treasury stock purchases | ($1.3b) | ($1.5b) | ($2.3b) | ($1.7b) | ($1.7b) | ($3.1b) | ($2.5b) | ($335.0m) | ($2.0m) | ($1.2b) | |
| Unearned premiums | $362.0m | $463.0m | $915.0m | $801.0m | $598.0m | $1.6b | $2.5b | $2.4b | $2.3b | $2.1b | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | $83.0m | — | — | — | — | — | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | $0 | ($46.0m) | $43.0m | ($15.0m) | $53.0m | $49.0m | $874.0m | ($84.0m) | ($14.0m) | ($76.0m) | |
| Net Cash Provided by (Used in) Operating Activities | $4.0b | $4.3b | $5.2b | $5.1b | $5.5b | $5.1b | $5.1b | $4.2b | $8.9b | $10.1b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $313.0m | $299.0m | $277.0m | $433.0m | $308.0m | $345.0m | $420.0m | $267.0m | $210.0m | $228.0m | |
| Payments for (Proceeds from) Other Investing Activities | $51.0m | $30.0m | $98.0m | ($42.0m) | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($2.5b) | ($1.2b) | ($1.7b) | ($2.8b) | ($3.4b) | $510.0m | ($1.7b) | ($3.0b) | ($8.3b) | ($7.3b) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $1.2b | $0 | $498.0m | $491.0m | $1.2b | $0 | $0 | $743.0m | $495.0m | $0 | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $4.5b | $4.2b | $3.5b | $2.6b | $2.2b | $2.3b | $728.0m | $1.6b | $1.5b | $814.0m | |
| Proceeds from issuance of debt | $1.2b | $0 | $498.0m | $491.0m | $1.2b | $0 | $0 | $743.0m | $495.0m | $0 | |
| Redemption and repayment of debt | ($17.0m) | $0 | ($400.0m) | ($317.0m) | $0 | ($436.0m) | $0 | ($750.0m) | ($350.0m) | ($600.0m) | |
| Repayments of Long-term Debt | $17.0m | $0 | $400.0m | $317.0m | $0 | $436.0m | $0 | $750.0m | $350.0m | $600.0m | |
| Payments for Repurchase of Common Stock | $1.3b | $1.5b | $2.3b | $1.7b | $1.7b | $3.1b | $2.5b | $335.0m | $2.0m | $1.2b | |
| Payments of Ordinary Dividends, Common Stock | $486.0m | $525.0m | $614.0m | $653.0m | $668.0m | $885.0m | $926.0m | $925.0m | $962.0m | $1.0b | |
| Dividends paid on common stock | ($486) | ($525) | ($614) | ($653) | ($668) | ($885) | ($926) | ($925) | ($962) | ($1k) | |
| Dividends paid on preferred stock | ($116) | ($116) | ($134) | ($134) | ($108) | ($114) | ($105) | ($107) | ($117) | ($117) | |
| Proceeds from (Payments for) Other Financing Activities | $36.0m | ($57.0m) | $91.0m | $129.0m | $41.0m | ($35.0m) | ($35.0m) | ($49.0m) | ($16.0m) | $42.0m | |
| Net Cash Provided by (Used in) Financing Activities | ($1.5b) | ($2.9b) | ($3.6b) | ($2.5b) | ($2.0b) | ($5.2b) | ($3.4b) | ($1.2b) | ($697.0m) | ($2.9b) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($161.0m) | $39.0m | $386.0m | ($27.0m) | ($14.0m) | ($18.0m) | ($26.0m) | |
| Net decrease in cash | ($59.0m) | $181.0m | ($118.0m) | ($161.0m) | $39.0m | $386.0m | ($27.0m) | ($14.0m) | ($18.0m) | ($26.0m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $338.0m | $377.0m | $763.0m | $736.0m | $722.0m | $704.0m | $678.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $2.1b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.