v3.26.1
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Other revenue $ 728 $ 747 $ 1,447 $ 1,509
Net investment income 1,009 754 1,947 1,608
Net gains (losses) on investments and derivatives 1,055 (144) 650 (493)
Total revenues 18,596 16,633 35,537 33,085
Costs and expenses        
Accident, health and other policy benefits 72 188 148 521
Amortization of deferred policy acquisition costs 2,202 2,076 4,380 4,163
Operating costs and expenses 2,315 2,135 4,540 4,380
Pension and other postretirement remeasurement (gains) losses (146) 0 (127) 78
Restructuring and related charges 7 15 12 31
Amortization of purchased intangibles 46 57 93 116
Interest expense 96 100 194 200
Total costs and expenses 14,454 14,820 28,287 30,553
Gain on disposition of operations 0 890 0 890
Income from operations before income tax expense 4,142 2,703 7,250 3,422
Income tax expense 871 604 1,521 727
Net income 3,271 2,099 5,729 2,695
Less: Net income (loss) attributable to noncontrolling interest 0 (10) 1 (9)
Net income attributable to Allstate 3,271 2,109 5,728 2,704
Less: Preferred stock dividends 30 30 59 59
Net income applicable to common shareholders, basic 3,241 2,079 5,669 2,645
Net income applicable to common shareholders, diluted $ 3,241 $ 2,079 $ 5,669 $ 2,645
Earnings per common share:        
Net income applicable to common shareholders per common share - Basic (in dollars per share) $ 12.66 $ 7.86 $ 22.00 $ 9.98
Weighted average common shares - Basic (in shares) 256.0 264.6 257.7 264.9
Net income applicable to common shareholders per common share - Diluted (in dollars per share) $ 12.51 $ 7.76 $ 21.73 $ 9.85
Weighted average common shares - Diluted (in shares) 259.1 267.9 260.9 268.4
Property and casualty insurance premiums        
Revenues        
Insurance premiums and contract charges $ 15,670 $ 15,041 $ 31,223 $ 29,739
Costs and expenses        
Property and casualty insurance claims and claims expense 9,862 10,249 19,047 21,064
Accident and health insurance premiums and contract charges        
Revenues        
Insurance premiums and contract charges $ 134 $ 235 $ 270 $ 722