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INFORMATION PROVIDED IN CONNECTION WITH OUTSTANDING DEBT (Tables)
6 Months Ended
Jun. 30, 2016
INFORMATION PROVIDED IN CONNECTION WITH OUTSTANDING DEBT  
Condensed Consolidating Balance Sheets
American
International Reclassifications
Group, Inc. OtherandConsolidated
(in millions)(As Guarantor)AIGLHSubsidiariesEliminationsAIG
June 30, 2016
Assets:
Short-term investments $ 3,727 $ - $ 12,769 $ (4,162) $ 12,334
Other investments(a)5,790-332,543-338,333
Total investments9,517-345,312(4,162)350,667
Cash1261,766-1,784
Loans to subsidiaries(b)35,007-395(35,402)-
Investment in consolidated subsidiaries(b)58,00133,137-(91,138)-
Other assets, including deferred income taxes24,455132136,529(3,218)157,898
Total assets $ 126,992 $ 33,275 $ 484,002 $ (133,920) $ 510,349
Liabilities:
Insurance liabilities $ - $ - $ 278,518 $ - $ 278,518
Long-term debt22,20864110,480-33,329
Other liabilities, including intercompany balances(a)14,44465101,009(7,553)107,965
Loans from subsidiaries(b)394-35,008(35,402)-
Total liabilities37,046706425,015(42,955)419,812
Total AIG shareholders’ equity89,94632,56958,396(90,965)89,946
Non-redeemable noncontrolling interests--591-591
Total equity89,94632,56958,987(90,965)90,537
Total liabilities and equity $ 126,992 $ 33,275 $ 484,002 $ (133,920) $ 510,349
December 31, 2015
Assets:
Short-term investments$4,042$-$9,637$(3,547)$10,132
Other investments(a)7,425-320,797-328,222
Total investments11,467-330,434(3,547)338,354
Cash341161,479-1,629
Loans to subsidiaries(b)35,927-578(36,505)-
Investment in consolidated subsidiaries(b)51,15130,239-(81,390)-
Other assets, including deferred income taxes23,299258135,690(2,388)156,859
Total assets$121,878$30,613$468,181$(123,830)$496,842
Liabilities:
Insurance liabilities$-$-$271,645$-$271,645
Long-term debt19,7777048,768-29,249
Other liabilities, including intercompany balances(a)11,86920199,777(6,109)105,738
Loans from subsidiaries(b)574335,928(36,505)-
Total liabilities32,220908416,118(42,614)406,632
Total AIG shareholders’ equity89,65829,70551,511(81,216)89,658
Non-redeemable noncontrolling interests--552-552
Total equity89,65829,70552,063(81,216)90,210
Total liabilities and equity$121,878$30,613$468,181$(123,830)$496,842

(a) Includes intercompany derivative positions, which are reported at fair value before credit valuation adjustment.

(b) Eliminated in consolidation.

Condensed Consolidating Statements of Income (Loss)
American
International Reclassifications
Group, Inc. OtherandConsolidated
(in millions)(As Guarantor)AIGLHSubsidiariesEliminationsAIG
Three Months Ended June 30, 2016
Revenues:
Equity in earnings of consolidated subsidiaries*$2,168$888$-$(3,056)$-
Other income127-14,843(246)14,724
Total revenues2,29588814,843(3,302)14,724
Expenses:
Interest expense2501359(2)320
Loss on extinguishment of debt--7-7
Other expenses257711,520(245)11,539
Total expenses5072011,586(247)11,866
Income (loss) from continuing operations before income tax
expense (benefit)1,7888683,257(3,055)2,858
Income tax expense (benefit)(125)(7)1,056-924
Income (loss) from continuing operations1,9138752,201(3,055)1,934
Loss from discontinued operations, net of income taxes--(10)-(10)
Net income (loss)1,9138752,191(3,055)1,924
Less:
Net income from continuing operations attributable to
noncontrolling interests--11-11
Net income (loss) attributable to AIG$1,913$875$2,180$(3,055)$1,913
Three Months Ended June 30, 2015
Revenues:
Equity in earnings of consolidated subsidiaries*$2,319$749$-$(3,068)$-
Other income14-15,916(231)15,699
Total revenues2,33374915,916(3,299)15,699
Expenses:
Interest expense2671465(30)316
Loss on extinguishment of debt297-45-342
Other expenses3014712,343(202)12,489
Total expenses8656112,453(232)13,147
Income (loss) from continuing operations before income tax
expense (benefit)1,4686883,463(3,067)2,552
Income tax expense (benefit)(333)(20)1,1291777
Income (loss) from continuing operations1,8017082,334(3,068)1,775
Income (loss) from discontinued operations, net of income taxes(1)-17-16
Net income (loss)1,8007082,351(3,068)1,791
Less:
Net loss from continuing operations attributable to
noncontrolling interests--(9)-(9)
Net income (loss) attributable to AIG$1,800$708$2,360$(3,068)$1,800

American
International Reclassifications
Group, Inc. OtherandConsolidated
(in millions)(As Guarantor)AIGLHSubsidiariesEliminationsAIG
Six Months Ended June 30, 2016
Revenues:
Equity in earnings of consolidated subsidiaries*$1,224$(795)$-$(429)$-
Other income64526,881(447)26,503
Total revenues1,288(790)26,881(876)26,503
Expenses:
Interest expense49427108(3)626
Loss on extinguishment of debt77-13-90
Other expenses4481423,125(444)23,143
Total expenses1,0194123,246(447)23,859
Income (loss) from continuing operations before income tax
expense (benefit)269(831)3,635(429)2,644
Income tax expense (benefit)(1,462)(13)2,341-866
Income (loss) from continuing operations1,731(818)1,294(429)1,778
Loss from discontinued operations, net of income taxes(1)-(56)-(57)
Net income (loss)1,730(818)1,238(429)1,721
Less:
Net loss from continuing operations attributable to
noncontrolling interests--(9)-(9)
Net income (loss) attributable to AIG$1,730$(818)$1,247$(429)$1,730
Six Months Ended June 30, 2015
Revenues:
Equity in earnings of consolidated subsidiaries*$5,076$1,522$-$(6,598)$-
Other income164-31,830(320)31,674
Total revenues5,2401,52231,830(6,918)31,674
Expenses:
Interest expense55630130(60)656
Loss on extinguishment of debt358-457410
Other expenses5474223,952(261)24,280
Total expenses1,4617224,127(314)25,346
Income (loss) from continuing operations before income tax
expense (benefit)3,7791,4507,703(6,604)6,328
Income tax expense (benefit)(490)(63)2,630-2,077
Income (loss) from continuing operations4,2691,5135,073(6,604)4,251
Income (loss) from discontinued operations, net of income taxes(1)-18-17
Net income (loss)4,2681,5135,091(6,604)4,268
Less:
Net income (loss) from continuing operations attributable to
noncontrolling interests-----
Net income (loss) attributable to AIG$4,268$1,513$5,091$(6,604)$4,268

* Eliminated in consolidation.

Condensed Consolidating Statements of Comprehensive Income (Loss)
American
InternationalReclassifications
Group, Inc.OtherandConsolidated
(in millions)(As Guarantor)AIGLHSubsidiariesEliminationsAIG
Three Months Ended June 30, 2016
Net income (loss)$1,913$875$2,191$(3,055)$1,924
Other comprehensive income (loss)2,7347,734(7,006)(728)2,734
Comprehensive income (loss)4,6478,609(4,815)(3,783)4,658
Total comprehensive income attributable to noncontrolling interests--11-11
Comprehensive income (loss) attributable to AIG$4,647$8,609$(4,826)$(3,783)$4,647
Three Months Ended June 30, 2015
Net income (loss)$1,800$708$2,351$(3,068)$1,791
Other comprehensive income (loss)(3,037)3,58253,694(57,276)(3,037)
Comprehensive income (loss)(1,237)4,29056,045(60,344)(1,246)
Total comprehensive loss attributable to noncontrolling interests--(9)-(9)
Comprehensive income (loss) attributable to AIG$(1,237)$4,290$56,054$(60,344)$(1,237)
Six Months Ended June 30, 2016
Net income (loss)$1,730$(818)$1,238$(429)$1,721
Other comprehensive income (loss)5,7227,26048,548(55,808)5,722
Comprehensive income (loss)7,4526,44249,786(56,237)7,443
Total comprehensive loss attributable to noncontrolling interests--(9)-(9)
Comprehensive income (loss) attributable to AIG$7,452$6,442$49,795$(56,237)$7,452
Six Months Ended June 30, 2015
Net income (loss)$4,268$1,513$5,091$(6,604)$4,268
Other comprehensive income (loss)(2,997)4,49052,633(57,126)(3,000)
Comprehensive income (loss)1,2716,00357,724(63,730)1,268
Total comprehensive loss attributable to noncontrolling interests--(3)-(3)
Comprehensive income (loss) attributable to AIG$1,271$6,003$57,727$(63,730)$1,271
Condensed Consolidating Statements of Cash Flows
American
International Reclassifications
Group, Inc. OtherandConsolidated
(in millions)(As Guarantor)AIGLHSubsidiaries*Eliminations*AIG
Six Months Ended June 30, 2016
Net cash (used in) provided by operating activities$2,734$680$(1,022)$(1,821)$571
Cash flows from investing activities:
Sales of investments1,944-39,689(6,846)34,787
Purchase of investments(606)-(40,877)6,846(34,637)
Loans to subsidiaries - net1,050-180(1,230)-
Contributions from (to) subsidiaries - net880--(880)-
Net change in restricted cash--(78)-(78)
Net change in short-term investments(733)-(1,022)-(1,755)
Other, net(298)-1,717-1,419
Net cash (used in) provided by investing activities2,237-(391)(2,110)(264)
Cash flows from financing activities:
Issuance of long-term debt3,832-2,856-6,688
Repayments of long-term debt(1,421)(63)(1,435)-(2,919)
Purchase of common stock(6,248)---(6,248)
Intercompany loans - net(180)(3)(1,047)1,230-
Cash dividends paid (713)(724)(1,097)1,821(713)
Other, net(263)-2,3858803,002
Net cash (used in) provided by financing activities(4,993)(790)1,6623,931(190)
Effect of exchange rate changes on cash--38-38
Change in cash(22)(110)287-155
Cash at beginning of year341161,479-1,629
Cash at end of period$12$6$1,766$-$1,784
Six Months Ended June 30, 2015
Net cash (used in) provided by operating activities$2,230$527$2,581$(4,845)$493
Cash flows from investing activities:
Sales of investments4,703-36,970(2,667)39,006
Purchase of investments(942)-(32,708)2,667(30,983)
Loans to subsidiaries - net189-130(319)-
Contributions from (to) subsidiaries - net-----
Net change in restricted cash--1,462-1,462
Net change in short-term investments(2,093)-(600)-(2,693)
Other, net(65)-(1,441)-(1,506)
Net cash (used in) provided by investing activities1,792-3,813(319)5,286
Cash flows from financing activities:
Issuance of long-term debt2,342-432-2,774
Repayments of long-term debt(2,016)(114)(1,571)-(3,701)
Purchase of common stock(3,743)---(3,743)
Intercompany loans - net(130)-(189)319-
Cash dividends paid(335)(500)(4,345)4,845(335)
Other, net(75)-(486)-(561)
Net cash (used in) provided by financing activities(3,957)(614)(6,159)5,164(5,566)
Effect of exchange rate changes on cash--(34)-(34)

Change in cash65(87)201-179
Cash at beginning of year26911,641-1,758
Cash at end of period$91$4$1,842$-$1,937
Supplementary Disclosure of Condensed Consolidating Cash Flow Information
American
InternationalReclassifications
Group, Inc.OtherandConsolidated
(in millions)(As Guarantor)AIGLHSubsidiaries*Eliminations*AIG
Cash (paid) received during the 2016 period for:
Interest:
Third party$(515)$(27)$(108)$-$(650)
Intercompany-----
Taxes:
Income tax authorities$(7)$-$(110)$-$(117)
Intercompany629-(629)--
Cash (paid) received during the 2015 period for:
Interest:
Third party$(585)$(32)$(143)$-$(760)
Intercompany-----
Taxes:
Income tax authorities$(6)$-$(332)$-$(338)
Intercompany1,249-(1,249)--
Supplementary disclosure of non-cash activities
Six Months Ended June 30,
(in millions)20162015
Intercompany non-cash financing and investing activities:
Capital contributions$2,915$111
Dividends received in the form of securities1,7901,551
Return of capital1-
Fixed maturity securities received in exchange for equity securities440-
Non-cash financing/investing activities:
Consideration received from sale of shares of AerCap-500