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Schedule II - Condensed Financial Information of Registrant | 12 Months Ended
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Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Schedule II — Condensed Financial Information of Registrant | Schedule II — Condensed Financial Information of Registrant Statement of Operations
|  | Year Ended December 31,
($ in millions) |  | 2017 |  | 2016 |  | 2015
Revenues |  |  |  |  |  |
Investment income, less investment expense |  | $ | 10 |  |  | $ | 11 |  |  | $ | 8 |
Realized capital gains and losses |  | (2 | ) |  | 2 |  |  | — |
Other income |  | 36 |  |  | 55 |  |  | 66 |
|  | 44 |  |  | 68 |  |  | 74 |
Expenses |  |  |  |  |  |
Interest expense |  | 334 |  |  | 295 |  |  | 292 |
Pension and other postretirement benefit expense |  | 119 |  |  | 10 |  |  | (15 | )
Other operating expenses |  | 50 |  |  | 28 |  |  | 34 |
|  | 503 |  |  | 333 |  |  | 311 |
Loss from operations before income tax benefit and equity in net income of subsidiaries |  | (459 | ) |  | (265 | ) |  | (237 | )
Income tax benefit |  | (92 | ) |  | (115 | ) |  | (108 | )
Loss before equity in net income of subsidiaries |  | (367 | ) |  | (150 | ) |  | (129 | )
Equity in net income of subsidiaries |  | 3,556 |  |  | 2,027 |  |  | 2,300 |
Net income |  | 3,189 |  |  | 1,877 |  |  | 2,171 |
Preferred stock dividends |  | 116 |  |  | 116 |  |  | 116 |
Net income applicable to common shareholders |  | 3,073 |  |  | 1,761 |  |  | 2,055 |
Other comprehensive income (loss), after-tax |  |  |  |  |  |
Changes in: |  |  |  |  |  |
Unrealized net capital gains and losses |  | 319 |  |  | 433 |  |  | (1,306 | )
Unrealized foreign currency translation adjustments |  | 47 |  |  | 10 |  |  | (58 | )
Unrecognized pension and other postretirement benefit cost |  | 307 |  |  | (104 | ) |  | 48 |
Other comprehensive income (loss), after-tax |  | 673 |  |  | 339 |  |  | (1,316 | )
Comprehensive income |  | $ | 3,862 |  |  | $ | 2,216 |  |  | $ | 855 |
See accompanying notes to condensed financial information and notes to consolidated financial statements. The Allstate Corporation and Subsidiaries Schedule II (Continued) — Condensed Financial Information of Registrant Statement of Financial Position
($ in millions, except par value data) |  | December 31,
|  | 2017 |  | 2016
Assets |  |  |  |
Investments in subsidiaries |  | $ | 29,126 |  |  | $ | 26,929 |
Fixed income securities, at fair value (amortized cost $361 and $510) |  | 362 |  |  | 513 |
Short-term investments, at fair value (amortized cost $171 and $219) |  | 171 |  |  | 219 |
Cash |  | — |  |  | 2 |
Receivable from subsidiaries |  | 427 |  |  | 385 |
Deferred income taxes |  | 124 |  |  | 348 |
Other assets |  | 150 |  |  | 138 |
Total assets |  | $ | 30,360 |  |  | $ | 28,534 |
Liabilities |  |  |  |
Long-term debt |  | $ | 6,350 |  |  | $ | 6,347 |
Pension and other postretirement benefit obligations |  | 675 |  |  | 1,079 |
Deferred compensation |  | 297 |  |  | 274 |
Notes due to subsidiaries |  | 250 |  |  | — |
Dividends payable to shareholders |  | 167 |  |  | 157 |
Other liabilities |  | 70 |  |  | 104 |
Total liabilities |  | 7,809 |  |  | 7,961 |
Shareholders’ equity |  |  |  |
Preferred stock and additional capital paid-in, $1 par value, 25 million shares authorized, 72.2 thousand issued and outstanding, and $1,805 aggregate liquidation preference |  | 1,746 |  |  | 1,746 |
Common stock, $.01 par value, 2.0 billion shares authorized and 900 million issued, 355 million and 366 million shares outstanding |  | 9 |  |  | 9 |
Additional capital paid-in |  | 3,313 |  |  | 3,303 |
Retained income |  | 43,162 |  |  | 40,678 |
Deferred ESOP expense |  | (3 | ) |  | (6 | )
Treasury stock, at cost (545 million and 534 million shares) |  | (25,982 | ) |  | (24,741 | )
Accumulated other comprehensive income: |  |  |  |
Unrealized net capital gains and losses |  | 1,662 |  |  | 1,053 |
Unrealized foreign currency translation adjustments |  | (9 | ) |  | (50 | )
Unrealized pension and other postretirement benefit cost |  | (1,347 | ) |  | (1,419 | )
Total accumulated other comprehensive loss |  | 306 |  |  | (416 | )
Total shareholders’ equity |  | 22,551 |  |  | 20,573 |
Total liabilities and shareholders’ equity |  | $ | 30,360 |  |  | $ | 28,534 |
See accompanying notes to condensed financial information and notes to consolidated financial statements. The Allstate Corporation and Subsidiaries Schedule II (Continued) — Condensed Financial Information of Registrant Statement of Cash Flows
($ in millions) |  | Years Ended December 31,
|  | 2017 |  | 2016 |  | 2015
Cash flows from operating activities |  |  |  |  |  |
Net income |  | $ | 3,189 |  |  | $ | 1,877 |  |  | $ | 2,171 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |
Equity in net income of subsidiaries |  | (3,556 | ) |  | (2,027 | ) |  | (2,300 | )
Dividends received from subsidiaries |  | 1,671 |  |  | 1,874 |  |  | 2,300 |
Realized capital gains and losses |  | 2 |  |  | (2 | ) |  | — |
Changes in: |  |  |  |  |  |
Pension and other postretirement benefits |  | 119 |  |  | 10 |  |  | (15 | )
Income taxes |  | 35 |  |  | 13 |  |  | 77 |
Operating assets and liabilities |  | 56 |  |  | 43 |  |  | 26 |
Net cash provided by operating activities |  | 1,516 |  |  | 1,788 |  |  | 2,259 |
Cash flows from investing activities |  |  |  |  |  |
Proceeds from sales of investments |  | 880 |  |  | 389 |  |  | 399 |
Investment purchases |  | (748 | ) |  | (243 | ) |  | (4 | )
Investment collections |  | 13 |  |  | 60 |  |  | — |
Return of capital from subsidiaries |  | 42 |  |  | (1,500 | ) |  | 50 |
Transfers to subsidiaries through intercompany loan agreement |  | — |  |  | (30 | ) |  | — |
Change in short-term investments, net |  | 48 |  |  | 58 |  |  | 397 |
Net cash provided (used in) by investing activities |  | 235 |  |  | (1,266 | ) |  | 842 |
Cash flows from financing activities |  |  |  |  |  |
Proceeds from borrowings from subsidiaries |  | 300 |  |  | — |  |  | — |
Repayment of notes due to subsidiaries |  | (50 | ) |  | — |  |  | — |
Proceeds from issuance of long-term debt |  | — |  |  | 1,236 |  |  | — |
Repayment of long-term debt |  | — |  |  | (17 | ) |  | (20 | )
Dividends paid on common stock |  | (525 | ) |  | (486 | ) |  | (483 | )
Dividends paid on preferred stock |  | (116 | ) |  | (116 | ) |  | (116 | )
Treasury stock purchases |  | (1,495 | ) |  | (1,337 | ) |  | (2,808 | )
Shares reissued under equity incentive plans, net |  | 135 |  |  | 164 |  |  | 130 |
Excess tax benefits on share-based payment arrangements |  | — |  |  | 32 |  |  | 45 |
Other |  | (2 | ) |  | — |  |  | — |
Net cash used in financing activities |  | (1,753 | ) |  | (524 | ) |  | (3,252 | )
Net decrease in cash |  | (2 | ) |  | (2 | ) |  | (151 | )
Cash at beginning of year |  | 2 |  |  | 4 |  |  | 155 |
Cash at end of year |  | $ | — |  |  | $ | 2 |  |  | $ | 4 |
See accompanying notes to condensed financial information and notes to consolidated financial statements. The Allstate Corporation and Subsidiaries Schedule II (Continued) — Condensed Financial Information of Registrant Notes to Condensed Financial Information 1. General The financial statements of the Registrant should be read in conjunction with the consolidated financial statements and notes thereto included in Item 8. The long-term debt presented in Note 12 “Capital Structure” are direct obligations of the Registrant. A majority of the pension and other postretirement benefits plans presented in Note 17 “Benefit Plans” are direct obligations of the Registrant. Participating subsidiaries fund the pension plans contributions under a master services cost sharing agreement. In addition, as a result of joint and several pension liability rules under the Internal Revenue Code and the Employee Retirement Income Security Act of 1974, as amended, many liabilities that arise in connection with pension plans are joint and several across all members of a controlled group of entities. 2. Notes due to subsidiaries On December 11, 2017, the Registrant issued $125 million and $175 million notes, each with a rate of 1.59% and due on June 11, 2018, to its wholly owned subsidiaries Kennett Capital Inc. and Allstate Non-Insurance Holdings Inc (“ANIHI”), respectively. The proceeds of these issuances were used for cash management purposes. On December 20, 2017, the Registrant repaid $50 million to ANIHI. 3. Supplemental Disclosures of Cash Flow Information The Registrant paid $331 million, $287 million and $289 million of interest on debt in 2017, 2016 and 2015, respectively.

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.7-05(c)(Schedule II)) -URI http://asc.fasb.org/extlink&oid=6879921&loc=d3e569147-122900 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=96868048&loc=d3e5283-111683 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 2 -Subparagraph (SX 210.9-06) -URI http://asc.fasb.org/extlink&oid=6882215&loc=d3e537971-122884 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(c)(Schedule I)) -URI http://asc.fasb.org/extlink&oid=27047687&loc=d3e5864-122674 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 + Details
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