v3.25.2
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues        
Other revenue $ 747 $ 679 $ 1,509 $ 1,348
Net investment income 754 712 1,608 1,476
Net gains (losses) on investments and derivatives (144) (103) (493) (267)
Total revenues 16,633 15,714 33,085 30,973
Costs and expenses        
Accident, health and other policy benefits 188 291 521 587
Amortization of deferred policy acquisition costs 2,076 2,001 4,163 3,940
Operating costs and expenses 2,135 2,019 4,380 3,904
Pension and other postretirement remeasurement (gains) losses 0 (9) 78 (11)
Restructuring and related charges 15 13 31 23
Amortization of purchased intangibles 57 70 116 139
Interest expense 100 98 200 195
Total costs and expenses 14,820 15,284 30,553 29,079
Gain on disposition of operations 890 0 890 0
Income from operations before income tax expense 2,703 430 3,422 1,894
Income tax expense 604 83 727 349
Net income 2,099 347 2,695 1,545
Less: Net (loss) income attributable to noncontrolling interest (10) 16 (9) (4)
Net income attributable to Allstate 2,109 331 2,704 1,549
Less: Preferred stock dividends 30 30 59 59
Net income applicable to common shareholders, basic 2,079 301 2,645 1,490
Net income applicable to common shareholders, diluted $ 2,079 $ 301 $ 2,645 $ 1,490
Earnings per common share:        
Net income applicable to common shareholders per common share - Basic (in dollars per share) $ 7.86 $ 1.14 $ 9.98 $ 5.65
Weighted average common shares - Basic (in shares) 264.6 264.1 264.9 263.8
Net income applicable to common shareholders per common share - Diluted (in dollars per share) $ 7.76 $ 1.13 $ 9.85 $ 5.58
Weighted average common shares - Diluted (in shares) 267.9 267.1 268.4 266.8
Property and casualty insurance premiums        
Revenues        
Insurance premiums and contract charges $ 15,041 $ 13,952 $ 29,739 $ 27,464
Costs and expenses        
Property and casualty insurance claims and claims expense 10,249 10,801 21,064 20,302
Accident and health insurance premiums and contract charges        
Revenues        
Insurance premiums and contract charges $ 235 $ 474 $ 722 $ 952