CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Fixed maturity securities:
Bonds available for sale, at fair value (amortized cost: 2015 - $242,917; 2014 - $243,307)	$ 255,066	$ 259,859
Other bond securities, at fair value (See Note 5)	16,598	19,712
Equity securities:
Common and preferred stock available for sale, at fair value (cost: 2015 - $2,385; 2014 - $1,930)	4,755	4,395
Other common and preferred stock, at fair value (See Note 5)	1,323	1,049
Mortgage and other loans receivable, net of allowance (portion measured at fair value: 2015 - $6; 2014 - $6)	27,143	24,990
Other invested assets (portion measured at fair value: 2015 - $9,389; 2014 - $9,394)	29,829	34,518
Short-term investments (portion measured at fair value: 2015 - $2,281; 2014 - $1,684)	13,865	11,243
Total investments	348,579	355,766
Cash	1,937	1,758
Accrued investment income	2,632	2,712
Premiums and other receivables, net of allowance	13,258	12,031
Reinsurance assets, net of allowance	21,361	21,959
Deferred income taxes	18,665	19,339
Deferred policy acquisition costs	10,270	9,827
Derivative assets, at fair value	1,256	1,604
Other assets, including restricted cash of $461 in 2015 and $2,025 in 2014	9,894	10,549
Separate account assets, at fair value	82,135	80,036
Total assets	509,987	515,581
Liabilities:
Liability for unpaid losses and loss adjustment expenses	72,939	77,260
Unearned premiums	22,786	21,324
Future policy benefits for life and accident and health insurance contracts	42,787	42,749
Policyholder contract deposits (portion measured at fair value: 2015 - $1,268; 2014 - $1,561)	124,480	124,613
Other policyholder funds (portion measured at fair value: 2015 - $8; 2014 - $8)	4,378	4,669
Derivative liabilities, at fair value	1,546	2,273
Other liabilities (portion measured at fair value: 2015 - $284; 2014 - $350)	23,934	24,168
Long-term debt (portion measured at fair value: 2015 - $4,269; 2014 - $5,466)	30,360	31,217
Separate account liabilities	82,135	80,036
Total liabilities	$ 405,345	$ 408,309
Contingencies, commitments and guarantees (see Note 9)
AIG shareholders' equity:
Common stock, $2.50 par value; 5,000,000,000 shares authorized; shares issued: 2015 - 1,906,671,492 and 2014 - 1,906,671,492	$ 4,766	$ 4,766
Treasury stock, at cost; 2015 - 599,222,972 shares; 2014 - 530,744,521 shares	(23,165)	(19,218)
Additional paid-in capital	81,330	80,958
Retained earnings	33,707	29,775
Accumulated other comprehensive income	7,620	10,617
Total AIG shareholders equity	104,258	106,898
Non-redeemable noncontrolling interests	384	374
Total equity	104,642	107,272
Total liabilities and equity	$ 509,987	$ 515,581

The total of current income taxes and deferred income taxes. Current income taxes represent the carrying amount as of the balance sheet date of income taxes previously overpaid to tax authorities representing refunds of overpayments or recoveries based on agreed-upon resolutions of disputes. Deferred income taxes represent the aggregate tax effects as of the balance sheet date of all future tax deductions arising from temporary differences between tax basis and generally accepted accounting principles basis recognition of assets, liabilities, revenues and expenses, which can only be deducted for tax purposes when permitted under enacted tax laws; net of deducting the allocated valuation allowance, if any, to reduce such amount to net realizable value.

No definition available.