SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of continuing operations by reportable segment

				Net						Pre-Tax
		Total		Investment		Interest		Amortization		Operating
(in millions)		Revenues		Income		Expense		of DAC		Income (Loss)
2016
Commercial Insurance
Liability and Financial Lines	$	13,270	$	2,700	$	10	$	1,098	$	(2,649)
Property and Special Risks		8,098		568		7		951		(86)
Total Commercial Insurance		21,368		3,268		17		2,049		(2,735)
Consumer Insurance
Individual Retirement		5,758		3,878		49		298		2,269
Group Retirement		2,769		2,146		27		129		931
Life Insurance		3,818		1,035		13		182		(37)
Personal Insurance		11,704		286		11		2,072		686
Total Consumer Insurance		24,049		7,345		100		2,681		3,849
Other Operations		4,018		770		983		76		(748)
Legacy Portfolio		5,250		2,913		260		108		1,007
AIG Consolidation and elimination		(494)		(351)		(100)		(117)		42
Total AIG Consolidated operating revenues and pre-tax
operating income	$	54,191	$	13,945	$	1,260	$	4,797	$	1,415
Reconciling Items from pre-tax operating income to
pre-tax income (loss):
Changes in fair value of securities used to hedge guaranteed
living benefits		120		120		-		-		120
Changes in benefit reserves and DAC, VOBA and SIA related to
net realized capital gains		-		-		-		(276)		195
Other income (expense) - net		-		-		-		-		42
Loss on extinguishment of debt		-		-		-		-		(74)
Net realized capital gains		(1,944)		-		-		-		(1,944)
Income from divested businesses		-		-		-		-		545
Non-operating litigation reserves and settlements		44		-		-		-		41
Reserve development related to non-operating run-off insurance
business		-		-		-		-		-
Net loss reserve discount benefit (charge)		-		-		-		-		427
Pension expense related to a one-time lump sum payment to
former employees		-		-		-		-		(147)
Restructuring and other costs		-		-		-		-		(694)
Other		(44)		-		-		-		-
Revenues and Pre-tax income (loss)	$	52,367	$	14,065	$	1,260	$	4,521	$	(74)
2015
Commercial Insurance
Liability and Financial Lines	$	14,684	$	2,818	$	5	$	1,439	$	(661)
Property and Special Risks		8,452		603		3		910		1,226
Total Commercial Insurance		23,136		3,421		8		2,349		565
Consumer Insurance
Individual Retirement		6,450		3,805		27		431		1,812
Group Retirement		2,834		2,192		15		50		1,100
Life Insurance		3,771		1,034		7		311		(51)
Personal Insurance		11,475		325		5		1,970		68
Total Consumer Insurance		24,530		7,356		54		2,762		2,929
Other Operations		4,650		706		1,030		49		(567)
Legacy Portfolio		5,771		2,928		280		102		1,133
AIG Consolidation and elimination		(496)		(315)		(91)		(26)		(76)
Total AIG Consolidated operating revenues and pre-tax
operating income	$	57,591	$	14,096	$	1,281	$	5,236	$	3,984

Reconciling Items from pre-tax operating income to
pre-tax income:
Changes in fair value of securities used to hedge guaranteed
living benefits		(43)		(43)		-		-		(43)
Changes in benefit reserves and DAC, VOBA and SIA related to
net realized capital gains		-		-		-		-		(15)
Other income (expense) - net		-		-		-		-		(233)
Loss on extinguishment of debt		-		-		-		-		(756)
Net realized capital gains		776		-		-		-		776
Loss from divested businesses		(48)		-		-		-		(59)
Non-operating litigation reserves and settlements		94		-		-		-		82
Reserve development related to non-operating run-off insurance
business		-		-		-		-		(30)
Net loss reserve discount benefit (charge)		-		-		-		-		71
Restructuring and other costs		-		-		-		-		(496)
Other		(43)		-		-		-		-
Revenues and Pre-tax income	$	58,327	$	14,053	$	1,281	$	5,236	$	3,281
2014
Commercial Insurance
Liability and Financial Lines	$	16,012	$	3,410	$	1	$	1,464	$	3,044
Property and Special Risks		8,650		845		-		1,033		1,203
Total Commercial Insurance		24,662		4,255		1		2,497		4,247
Consumer Insurance
Individual Retirement		6,739		4,103		14		315		2,306
Group Retirement		3,005		2,349		8		31		1,229
Life Insurance		3,630		1,100		4		221		290
Personal Insurance		12,339		372		1		2,088		381
Total Consumer Insurance		25,713		7,924		27		2,655		4,206
Other Operations		3,596		749		1,291		45		(958)
Legacy Portfolio		7,353		3,245		390		81		2,576
AIG Consolidation and elimination		(323)		(354)		9		(4)		(19)
Total AIG Consolidated operating revenues and pre-tax
operating income	$	61,001	$	15,819	$	1,718	$	5,274	$	10,052
Reconciling Items from pre-tax operating income to
pre-tax income:
Changes in fair value of securities used to hedge guaranteed
living benefits		260		260		-		-		260
Changes in benefit reserves and DAC, VOBA and SIA related to
net realized capital gains		-		-		-		56		(217)
Loss on extinguishment of debt		-		-		-		-		(2,282)
Net realized capital gains		739		-		-		-		739
Loss from divested businesses		1,602		-		-		-		2,169
Non-operating litigation reserves and settlements		804		-		-		-		258
Reserve development related to non-operating run-off insurance
business		-		-		-		-		-
Net loss reserve discount benefit (charge)		-		-		-		-		(478)
Restructuring and other costs		-		-		-		-		-
Other		-		-		-		-		-
Revenues and Pre-tax income	$	64,406	$	16,079	$	1,718	$	5,330	$	10,501

Schedule of year-end identifiable assets and capital expenditures by reportable segment

	Year-End Identifiable Assets				Capital Expenditures
(in millions)		2016		2015		2016		2015
Property Casualty Insurance Companies	$	118,268	$	114,134	$	685	$	965
Life Insurance Companies		207,145		258,003		85		102
Other		184,704		136,487		349		655
AIG Consolidation and Elimination		(11,853)		(11,782)		-		-
Total Assets	$	498,264	$	496,842	$	1,119	$	1,722

Schedule of entity's consolidated operations and long-lived assets by major geographic area

							Real Estate and Other Fixed Assets,
	Total Revenues^*						Net of Accumulated Depreciation
(in millions)		2016		2015		2014		2016		2015		2014
U.S.	$	37,405	$	41,623	$	40,291	$	734	$	912	$	819
Europe		4,613		5,772		6,140		145		171		154
Japan		3,636		4,293		3,641		524		449		400
Other		6,713		6,639		14,334		1,257		1,603		1,327
Consolidated	$	52,367	$	58,327	$	64,406	$	2,660	$	3,135	$	2,700

* Revenues are generally reported according to the geographic location of the reporting unit.