Allstate 2008 Annual Report Download - page 311

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Additional significant financial performance data for each of the Company’s reportable segments for the
years ended December 31 are as follows:
2008 2007 2006
($ in millions)
Amortization of DAC
Property-Liability $ 3,975 $4,121 $4,131
Allstate Financial 704 583 626
Consolidated $ 4,679 $4,704 $4,757
Income tax (benefit) expense
Property-Liability $ (248) $1,914 $2,084
Allstate Financial (954) 199 207
Corporate and Other (144) (96) (106)
Consolidated $(1,346) $2,017 $2,185
Interest expense is primarily incurred in the Corporate and Other segment. Capital expenditures for long-lived
assets are generally made in the Property-Liability segment. A portion of these long-lived assets are used by
entities included in the Allstate Financial and Corporate and Other segments, and accordingly, are charged
expenses in proportion to their use.
Summarized data for total assets and investments for each of the Company’s reportable segments as of
December 31 are as follows:
2008 2007 2006
($ in millions)
Assets
Property-Liability $ 45,967 $ 53,460 $ 53,952
Allstate Financial 84,929 98,949 101,317
Corporate and Other 3,902 3,999 2,285
Consolidated $134,798 $156,408 $157,554
Investments
Property-Liability 30,837 40,905 41,663
Allstate Financial 61,499 74,256 75,951
Corporate and Other 3,662 3,819 2,143
Consolidated $ 95,998 $118,980 $119,757
The balances above reflect the elimination of related party investments between the Property-Liability and
Allstate Financial segments, and the Allstate Financial and Corporate and Other segments.
19. Other Comprehensive Income
The components of other comprehensive (loss) income on a pre-tax and after-tax basis for the years ended
December 31 are as follows:
2008 2007 2006
After- After- After-
Pre-Tax Tax tax Pre-tax Tax tax Pre-tax Tax tax
($ in millions)
Unrealized net holding (losses) gains arising
during the period, net of related offsets $(10,567) $3,660 $(6,907) $ (612) $ 214 $ (398) $363 $(127) $236
Less: reclassification adjustment of realized capital
gains and losses (3,509) 1,228 (2,281) 1,212 (424) 788 388 (136) 252
Unrealized net capital gains and losses (7,058) 2,432 (4,626) (1,824) 638 (1,186) (25) 9 (16)
Unrealized foreign currency translation
adjustments (114) 40 (74) 82 (29) 53 6 (2) 4
Unrealized minimum pension liability adjustments — — — — — — (22) 8 (14)
Unrecognized pension and other postretirement
benefit cost (1,103) 379 (724) 1,150 (385) 765 — — —
Other comprehensive (loss) income $ (8,275) $2,851 $(5,424) $ (592) $ 224 $ (368) $ (41) $ 15 $ (26)
201
Notes