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INFORMATION PROVIDED IN CONNECTION WITH OUTSTANDING DEBT (Tables)
 9 Months Ended
Sep. 30, 2017
INFORMATION PROVIDED IN CONNECTION WITH OUTSTANDING DEBT  
Condensed Consolidating Balance Sheets
American
International Reclassifications
Group, Inc. OtherandConsolidated
(in millions)(As Guarantor)AIGLHSubsidiariesEliminationsAIG
September 30, 2017
Assets:
Short-term investments $ 2,675 $ - $ 10,659 $ (3,559) $ 9,775
Other investments(a)5,796-305,552-311,348
Total investments8,471-316,211(3,559)321,123
Cash322,428-2,433
Loans to subsidiaries(b)35,014-574(35,588)-
Investment in consolidated subsidiaries(b)43,01431,323-(74,337)-
Other assets, including deferred income taxes21,483251160,018(2,235)179,517
Assets held for sale-----
Total assets $ 107,985 $ 31,576 $ 479,231 $ (115,719) $ 503,073
Liabilities:
Insurance liabilities $ - $ - $ 282,469 $ - $ 282,469
Long-term debt21,4806428,917-31,039
Other liabilities, including intercompany balances(a)13,463184108,873(5,967)116,553
Loans from subsidiaries(b)574-35,014(35,588)-
Liabilities held for sale-----
Total liabilities35,517826435,273(41,555)430,061
Total AIG shareholders’ equity72,46830,75043,414(74,164)72,468
Non-redeemable noncontrolling interests--544-544
Total equity72,46830,75043,958(74,164)73,012
Total liabilities and equity $ 107,985 $ 31,576 $ 479,231 $ (115,719) $ 503,073
December 31, 2016
Assets:
Short-term investments$4,424$-$13,218$(5,340)$12,302
Other investments(a)7,154-308,719-315,873
Total investments11,578-321,937(5,340)328,175
Cash2341,832-1,868
Loans to subsidiaries(b)34,692-576(35,268)-
Investment in consolidated subsidiaries(b)42,58227,309-(69,891)-
Other assets, including deferred income taxes24,099239140,743(4,059)161,022
Assets held for sale--7,199-7,199
Total assets$112,953$27,582$472,287$(114,558)$498,264
Liabilities:
Insurance liabilities$-$-$275,120$-$275,120
Long-term debt21,4056428,865-30,912
Other liabilities, including intercompany balances(a)14,671194103,975(9,572)109,268
Loans from subsidiaries(b)577-34,691(35,268)-
Liabilities held for sale--6,106-6,106
Total liabilities36,653836428,757(44,840)421,406
Total AIG shareholders’ equity76,30026,74642,972(69,718)76,300
Non-redeemable noncontrolling interests--558-558
Total equity76,30026,74643,530(69,718)76,858
Total liabilities and equity$112,953$27,582$472,287$(114,558)$498,264

(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 September 30, 2017
Revenues:
Equity in earnings of consolidated subsidiaries*$(2,098)$1,138$-$960$-
Other income225-11,4557111,751
Total revenues(1,873)1,13811,4551,03111,751
Expenses:
Interest expense2361244(2)290
(Gain) loss on extinguishment of debt2-(1)-1
Other expenses177114,154(69)14,263
Total expenses4151314,197(71)14,554
Income (loss) from continuing operations before income tax
benefit(2,288)1,125(2,742)1,102(2,803)
Income tax benefit(549)(4)(538)-(1,091)
Income (loss) from continuing operations(1,739)1,129(2,204)1,102(1,712)
Loss from discontinued operations, net of income taxes--(1)-(1)
Net income (loss)(1,739)1,129(2,205)1,102(1,713)
Less:
Net income from continuing operations attributable to
noncontrolling interests--26-26
Net income (loss) attributable to AIG$(1,739)$1,129$(2,231)$1,102$(1,739)
Three Months Ended September 30, 2016
Revenues:
Equity in earnings of consolidated subsidiaries*$1,002$528$-$(1,530)$-
Other income145-12,952(243)12,854
Total revenues1,14752812,952(1,773)12,854
Expenses:
Interest expense2491269(1)329
Gain on extinguishment of debt--(14)-(14)
Other expenses238111,821(258)11,802
Total expenses4871311,876(259)12,117
Income (loss) from continuing operations before income tax
expense (benefit)6605151,076(1,514)737
Income tax expense (benefit)197(4)111-304
Income (loss) from continuing operations463519965(1,514)433
Income (loss) from discontinued operations, net of income taxes(1)-4-3
Net income (loss)462519969(1,514)436
Less:
Net loss from continuing operations attributable to
noncontrolling interests--(26)-(26)
Net income (loss) attributable to AIG$462$519$995$(1,514)$462

American
International Reclassifications
Group, Inc. OtherandConsolidated
(in millions)(As Guarantor)AIGLHSubsidiariesEliminationsAIG
Nine Months Ended September 30, 2017
Revenues:
Equity in earnings of consolidated subsidiaries*$794$2,553$-$(3,347)$-
Other income653-36,08514736,885
Total revenues1,4472,55336,085(3,200)36,885
Expenses:
Interest expense71937129(5)880
(Gain) loss on extinguishment of debt2-(6)-(4)
Other expenses693234,865(142)35,418
Total expenses1,4143934,988(147)36,294
Income (loss) from continuing operations before income tax
expense (benefit)332,5141,097(3,053)591
Income tax expense (benefit)(544)(12)538-(18)
Income (loss) from continuing operations5772,526559(3,053)609
Income (loss) from discontinued operations, net of income taxes(1)-8-7
Net income (loss)5762,526567(3,053)616
Less:
Net income from continuing operations attributable to
noncontrolling interests--40-40
Net income (loss) attributable to AIG$576$2,526$527$(3,053)$576
Nine Months Ended September 30, 2016
Revenues:
Equity in earnings of consolidated subsidiaries*$2,226$(267)$-$(1,959)$-
Other income209539,833(690)39,357
Total revenues2,435(262)39,833(2,649)39,357
Expenses:
Interest expense74339177(4)955
(Gain) loss on extinguishment of debt77-(1)-76
Other expenses6861534,946(702)34,945
Total expenses1,5065435,122(706)35,976
Income (loss) from continuing operations before income tax
expense (benefit)929(316)4,711(1,943)3,381
Income tax expense (benefit)(1,265)(17)2,452-1,170
Income (loss) from continuing operations2,194(299)2,259(1,943)2,211
Loss from discontinued operations, net of income taxes(2)-(52)-(54)
Net income (loss)2,192(299)2,207(1,943)2,157
Less:
Net loss from continuing operations attributable to
noncontrolling interests--(35)-(35)
Net income (loss) attributable to AIG$2,192$(299)$2,242$(1,943)$2,192

* Eliminated in consolidation.
Condensed Consolidating Statements of Comprehensive Income (Loss)
American
InternationalReclassifications
Group, Inc.OtherandConsolidated
(in millions)(As Guarantor)AIGLHSubsidiariesEliminationsAIG
Three Months Ended September 30, 2017
Net income (loss)$(1,739)$1,129$(2,205)$1,102$(1,713)
Other comprehensive income (loss)9771,274(30,625)29,351977
Comprehensive income (loss)(762)2,403(32,830)30,453(736)
Total comprehensive income attributable to noncontrolling interests--26-26
Comprehensive income (loss) attributable to AIG$(762)$2,403$(32,856)$30,453$(762)
Three Months Ended September 30, 2016
Net income (loss)$462$519$969$(1,514)$436
Other comprehensive income (loss)798(56)749798
Comprehensive income (loss)1,260463976(1,465)1,234
Total comprehensive loss attributable to noncontrolling interests--(26)-(26)
Comprehensive income (loss) attributable to AIG$1,260$463$1,002$(1,465)$1,260
Nine Months Ended September 30, 2017
Net income (loss)$576$2,526$567$(3,053)$616
Other comprehensive income (loss)2,7097,05618,864(25,920)2,709
Comprehensive income (loss)3,2859,58219,431(28,973)3,325
Total comprehensive income attributable to noncontrolling interests--40-40
Comprehensive income (loss) attributable to AIG$3,285$9,582$19,391$(28,973)$3,285
Nine Months Ended September 30, 2016
Net income (loss)$2,192$(299)$2,207$(1,943)$2,157
Other comprehensive income (loss)6,5207,20448,555(55,759)6,520
Comprehensive income (loss)8,7126,90550,762(57,702)8,677
Total comprehensive loss attributable to noncontrolling interests--(35)-(35)
Comprehensive income (loss) attributable to AIG$8,712$6,905$50,797$(57,702)$8,712
Condensed Consolidating Statements of Cash Flows
American
International Reclassifications
Group, Inc. OtherandConsolidated
(in millions)(As Guarantor)AIGLHSubsidiaries*Eliminations*AIG
Nine Months Ended September 30, 2017
Net cash (used in) provided by operating activities$793$1,105$(8,773)$(2,320)$(9,195)
Cash flows from investing activities:
Sales of investments5,428-58,914(3,508)60,834
Sales of divested businesses, net40-565-605
Purchase of investments(1,781)-(49,675)3,508(47,948)
Loans to subsidiaries - net38-5(43)-
Contributions from (to) subsidiaries - net990--(990)-
Net change in restricted cash--(23)-(23)
Net change in short-term investments1,925-890-2,815
Other, net(17)(4)(1,488)-(1,509)
Net cash (used in) provided by investing activities6,623(4)9,188(1,033)14,774
Cash flows from financing activities:
Issuance of long-term debt1,108-1,297-2,405
Repayments of long-term debt(1,354)-(1,397)-(2,751)
Purchase of common stock(6,275)---(6,275)
Intercompany loans - net(5)-(38)43-
Cash dividends paid (884)(1,133)(1,187)2,320(884)
Other, net(5)-1,3949902,379
Net cash (used in) provided by financing activities(7,415)(1,133)693,353(5,126)
Effect of exchange rate changes on cash--(21)-(21)
Change in cash1(32)463-432
Cash at beginning of year2341,832-1,868
Change in cash of businesses held for sale--133-133
Cash at end of period$3$2$2,428$-$2,433
Nine Months Ended September 30, 2016
Net cash (used in) provided by operating activities$1,671$1,664$2,277$(3,859)$1,753
Cash flows from investing activities:
Sales of investments3,242-59,669(9,567)53,344
Purchase of investments(659)-(62,293)9,567(53,385)
Loans to subsidiaries - net1,025-73(1,098)-
Contributions from (to) subsidiaries - net1,593--(1,593)-
Net change in restricted cash--(49)-(49)
Net change in short-term investments1,006-(1,861)-(855)
Other, net(179)-1,449-1,270
Net cash (used in) provided by investing activities6,028-(3,012)(2,691)325
Cash flows from financing activities:
Issuance of long-term debt3,831-7,599-11,430
Repayments of long-term debt(1,454)(62)(6,167)-(7,683)
Purchase of common stock(8,506)---(8,506)
Intercompany loans - net(73)(3)(1,022)1,098-
Cash dividends paid(1,051)(1,709)(2,150)3,859(1,051)
Other, net(263)-3,1831,5934,513
Net cash (used in) provided by financing activities(7,516)(1,774)1,4436,550(1,297)
Effect of exchange rate changes on cash--88-88
Change in cash183(110)796-869
Cash at beginning of year341161,479-1,629
Cash at end of period$217$6$2,275$-$2,498
Supplementary Disclosure of Condensed Consolidating Cash Flow Information
American
InternationalReclassifications
Group, Inc.OtherandConsolidated
(in millions)(As Guarantor)AIGLHSubsidiaries*Eliminations*AIG
Cash (paid) received during the 2017 period for:
Interest:
Third party$(791)$(47)$(208)$-$(1,046)
Intercompany(1)(1)2--
Taxes:
Income tax authorities$(324)$-$(166)$-$(490)
Intercompany1,852-(1,852)--
Cash (paid) received during the 2016 period for:
Interest:
Third party$(797)$(51)$(161)$-$(1,009)
Intercompany-----
Taxes:
Income tax authorities$(11)$-$(197)$-$(208)
Intercompany782-(782)--
Supplementary disclosure of non-cash activities
Nine Months Ended September 30,
(in millions)20172016
Intercompany non-cash financing and investing activities:
Capital contributions$198$3,086
Dividends received in the form of securities7354,055
Return of capital26-
Fixed maturity securities received in exchange for equity securities-440