Item 6. Selected Financial Data

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Item 6. Selected Financial Data



5-year summary of selected financial data
($ in millions, except per share data)	2019		2018			2017		2016			2015
Consolidated Operating Results
Insurance premiums and contract charges	$	38,577	$	36,513		$	34,678	$	33,582		$	32,467
Other revenue	1,054		939			883		865			863
Net investment income	3,159		3,240			3,401		3,042			3,156
Realized capital gains and losses (1)	1,885		(877		)	445		(90		)	30
Total revenues	44,675		39,815			39,407		37,399			36,516
Net income applicable to common shareholders	4,678		2,012			3,438		1,692			2,138
Net income applicable to common shareholders per common share:
Net income applicable to common shareholders per common share - Basic	14.25		5.78			9.50		4.54			5.33
Net income applicable to common shareholders per common share - Diluted	14.03		5.70			9.35		4.48			5.26
Cash dividends declared per common share	2.00		1.84			1.48		1.32			1.20
Consolidated Financial Position
Investments	$	88,362	$	81,260		$	82,803	$	81,799		$	77,758
Total assets	119,950		112,249			112,422		108,610			104,656
Reserves for claims and claims expense, life-contingent contract benefits and contractholder funds	57,704		58,002			58,308		57,749			57,411
Long-term debt	6,631		6,451			6,350		6,347			5,124
Shareholders’ equity	25,998		21,312			22,551		20,569			20,020
Shareholders’ equity per diluted common share	73.12		57.56			57.58		50.76			47.33


(1)	Due to the adoption of a new accounting standard for the recognition and measurement of financial assets and financial liabilities, the periodic change in fair value of equity investments is recognized within realized capital gains and losses on the Consolidated Statements of Operations effective January 1, 2018. As a result, 2019 and 2018 net realized capital gains and losses are not comparable to other periods presented.

(1)

Due to the adoption of a new accounting standard for the recognition and measurement of financial assets and financial liabilities, the periodic change in fair value of equity investments is recognized within realized capital gains and losses on the Consolidated Statements of Operations effective January 1, 2018. As a result, 2019 and 2018 net realized capital gains and losses are not comparable to other periods presented.

32 www.allstate.com

2019 Form 10-K

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