Spreadsheet: 07296c68-386c-439e-ae6d-c17a93d8cce3
Sheet: 4

THE ALLSTATE CORPORATION
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
($ in millions)
 |  |  |  |  |  | Dec. 31, |  | Sept. 30, |  | June 30, |  | March 31, |  | Dec. 31, |  |  |  |  |  | Dec. 31, |  | Sept. 30, |  | June 30, |  | March 31, |  | Dec. 31,
 |  |  |  |  |  | 2012 |  | 2012 |  | 2012 |  | 2012 |  | 2011 |  |  |  |  |  | 2012 |  | 2012 |  | 2012 |  | 2012 |  | 2011
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Liabilities
 | Investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Reserve for property-liability insurance
 |  | Fixed income securities, at fair value |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | claims and claims expense | $ | 21288 | $ | 20197 | $ | 20395 | $ | 20283 | $ | 20375
 |  | (amortized cost $71,915, $72,432, |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Reserve for life-contingent contract benefits |  |  | 14895 |  | 14900 |  | 14640 |  | 14296 |  | 14406
 |  |  | $73,925, $74,060 and $73,379) |  | $ | 77017 | $ | 77729 | $ | 77926 | $ | 77223 | $ | 76113 |  |  | Contractholder funds |  |  | 39319 |  | 40110 |  | 40832 |  | 41603 |  | 42332
 |  | Equity securities, at fair value |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unearned premiums |  |  | 10375 |  | 10494 |  | 10085 |  | 9888 |  | 10057
 |  | (cost $3,577, $3,429, $3,430, |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Claim payments outstanding |  |  | 797 |  | 763 |  | 813 |  | 750 |  | 827
 |  |  | $3,430 and $4,203) |  |  | 4037 |  | 3876 |  | 3681 |  | 3847 |  | 4363 |  |  | Deferred income taxes |  |  | 597 |  | 689 |  | 53 |  | 0 |  | 0
 |  | Mortgage loans |  |  |  | 6570 |  | 6904 |  | 6928 |  | 7167 |  | 7139 |  |  | Other liabilities and accrued expenses |  |  | 6429 |  | 6121 |  | 6394 |  | 6490 |  | 5978
 |  | Limited partnership interests |  |  |  | 4922 |  | 4974 |  | 4694 |  | 4637 |  | 4697 |  |  | Long-term debt |  |  | 6057 |  | 6057 |  | 6058 |  | 6058 |  | 5908
 |  | Short-term, at fair value |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Separate Accounts |  |  | 6610 |  | 6820 |  | 6790 |  | 7355 |  | 6984
 |  | (amortized cost $2,336, $2,825, |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Total liabilities |  | 106367 |  | 106151 |  | 106060 |  | 106723 |  | 106867
 |  |  | $1,867, $1,886 and $1,291) |  |  | 2336 |  | 2825 |  | 1867 |  | 1886 |  | 1291 |  | Equity
 |  | Other |  |  |  | 2396 |  | 2208 |  | 2224 |  | 2249 |  | 2015
 |  |  | Total investments |  |  | 97278 |  | 98516 |  | 97320 |  | 97009 |  | 95618 |  |  | Common stock, 479 million, 483 million, 486 million,
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 493 million and 501 million shares outstanding |  |  | 9 |  | 9 |  | 9 |  | 9 |  | 9
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Additional capital paid-in |  |  | 3162 |  | 3154 |  | 3154 |  | 3151 |  | 3189
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Retained income |  |  | 33783 |  | 33496 |  | 32880 |  | 32565 |  | 31909
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Deferred ESOP expense |  |  | -41 |  | -41 |  | -41 |  | -41 |  | -43
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Treasury stock, at cost (421 million, 417 million,
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 414 million, 407 million and 399 million shares) |  | -17508 |  | -17368 |  | -17272 |  | -17034 |  | -16795
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Accumulated other comprehensive income:
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unrealized net capital gains and losses:
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Unrealized net capital losses on fixed income
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | securities with other-than-temporary impairments |  | -11 |  | -42 |  | -105 |  | -100 |  | -174
 | Cash |  |  |  |  | 806 |  | 642 |  | 571 |  | 577 |  | 776 |  |  |  | Other unrealized net capital gains and losses |  | 3614 |  | 3765 |  | 2859 |  | 2412 |  | 2041
 | Premium installment receivables, net |  |  |  |  | 5051 |  | 5108 |  | 4929 |  | 4908 |  | 4920 |  |  |  | Unrealized adjustment to DAC, DSI and insurance
 | Deferred policy acquisition costs |  |  |  |  | 3621 |  | 3578 |  | 3644 |  | 3716 |  | 3871 |  |  |  | reserves |  | -769 |  | -843 |  | -684 |  | -438 |  | -467
 | Reinsurance recoverables, net (1) |  |  |  |  | 8767 |  | 7278 |  | 7120 |  | 7118 |  | 7251 |  |  |  | Total unrealized net capital gains and losses |  | 2834 |  | 2880 |  | 2070 |  | 1874 |  | 1400
 | Accrued investment income |  |  |  |  | 781 |  | 835 |  | 846 |  | 846 |  | 826 |  |  |  | Unrealized foreign currency translation
 | Deferred income taxes |  |  |  |  | 0 |  | 0 |  | 0 |  | 201 |  | 722 |  |  |  | adjustments |  | 70 |  | 70 |  | 58 |  | 65 |  | 56
 | Property and equipment, net |  |  |  |  | 989 |  | 928 |  | 909 |  | 912 |  | 914 |  |  |  | Unrecognized pension and other
 | Goodwill |  |  |  |  | 1240 |  | 1242 |  | 1242 |  | 1242 |  | 1242 |  |  |  | postretirement benefit cost |  | -1729 |  | -1363 |  | -1383 |  | -1407 |  | -1427
 | Other assets |  |  |  |  | 1804 |  | 2041 |  | 2164 |  | 2049 |  | 2069 |  |  |  | Total accumulated other comprehensive
 | Separate Accounts |  |  |  |  | 6610 |  | 6820 |  | 6790 |  | 7355 |  | 6984 |  |  |  | income (loss) |  | 1175 |  | 1587 |  | 745 |  | 532 |  | 29
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Total shareholders' equity |  | 20580 |  | 20837 |  | 19475 |  | 19182 |  | 18298
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Noncontrolling interest |  |  | 0 |  | 0 |  | 0 |  | 28 |  | 28
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Total equity |  | 20580 |  | 20837 |  | 19475 |  | 19210 |  | 18326
 |  |  | Total assets |  | $ | 126947 | $ | 126988 | $ | 125535 | $ | 125933 | $ | 125193 |  |  |  | Total liabilities and equity | $ | 126947 | $ | 126988 | $ | 125535 | $ | 125933 | $ | 125193
(1) | Reinsurance recoverables of unpaid losses related to Property-Liability were $4,010 million, $2,651 million, $2,544 million, $2,571 million and $2,588 million as of December 31, 2012, September 30, 2012, June 30, 2012, March 31, 2012 and December 31, 2011, respectively.