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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Fixed maturity securities:    
Bonds available for sale, at fair value (amortized cost: 2016 - $244,450; 2015 - $240,968) $ 262,089 $ 248,245
Other bond securities, at fair value (See Note 5) 15,335 16,782
Equity Securities:    
Common and preferred stock available for sale, at fair value (cost: 2016 - $1,246; 2015 - $1,379) 1,642 2,915
Other common and preferred stock, at fair value (See Note 5) 661 921
Mortgage and other loans receivable, net of allowance (portion measured at fair value: 2016 - $11; 2015 - $11) 31,261 29,565
Other invested assets (portion measured at fair value: 2016 - $7,177; 2015 - $8,912) 27,345 29,794
Short-term investments (portion measured at fair value: 2016 - $3,949; 2015 - $2,591) 12,334 10,132
Total investments 350,667 338,354
Cash 1,784 1,629
Accrued investment income 2,590 2,623
Premiums and other receivables, net of allowance 12,078 11,451
Reinsurance assets, net of allowance 21,441 20,413
Deferred income taxes 18,542 20,394
Deferred policy acquisition costs 10,487 11,115
Other assets, including restricted cash of $191 in 2016 and $170 in 2015 12,188 11,289
Separate account assets, at fair value 80,572 79,574
Total assets 510,349 496,842
Liabilities:    
Liability for unpaid losses and loss adjustment expenses 74,143 74,942
Unearned premiums 22,165 21,318
Future policy benefits for life and accident and health insurance contracts 45,982 43,585
Policyholder contract deposits (portion measured at fair value: 2016 - $4,016; 2015 - $2,325) 131,936 127,588
Other policyholder funds (portion measured at fair value: 2016 - $5; 2015 - $6) 4,292 4,212
Other liabilities (portion measured at fair value: 2016 - $241; 2015 - $62) 27,393 26,164
Long-term debt (portion measured at fair value: 2016 - $3,747; 2015 - $3,670) 33,329 29,249
Separate account liabilities 80,572 79,574
Total liabilities 419,812 406,632
Contingencies, commitments and guarantees (see Note 9)
AIG shareholders' equity:    
Common stock, $2.50 par value; 5,000,000,000 shares authorized; shares issued: 2016 - 1,906,671,492 and 2015 - 1,906,671,492 4,766 4,766
Treasury stock, at cost; 2016 - 823,982,130 shares; 2015 - 712,754,875 shares of common stock (36,262) (30,098)
Additional paid-in capital 81,232 81,510
Retained earnings 31,951 30,943
Accumulated other comprehensive income (loss) 8,259 2,537
Total AIG shareholders' equity 89,946 89,658
Non-redeemable noncontrolling interests 591 552
Total equity 90,537 90,210
Total liabilities and equity $ 510,349 $ 496,842