XML 75 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Fixed maturity securities:    
Bonds available for sale, at fair value (amortized cost: 2017 - $225,461; 2016 - $232,241) $ 238,992 $ 241,537
Other bond securities, at fair value (See Note 6) 12,772 13,998
Equity Securities:    
Common and preferred stock available for sale, at fair value (cost: 2017 - $1,305; 2016 - $1,697) 1,708 2,078
Other common and preferred stock, at fair value (See Note 6) 589 482
Mortgage and other loans receivable, net of allowance (portion measured at fair value: 2017 - $5; 2016 - $11) 37,023 33,240
Other invested assets (portion measured at fair value: 2017 - $6,248; 2016 - $6,946) 20,822 24,538
Short-term investments (portion measured at fair value: 2017 - $2,615; 2016 - $3,341) 10,386 12,302
Total investments 322,292 328,175
Cash 2,362 1,868
Accrued investment income 2,356 2,495
Premiums and other receivables, net of allowance 10,248 10,465
Reinsurance assets, net of allowance 33,024 21,901
Deferred income taxes 14,033 21,332
Deferred policy acquisition costs 10,994 11,042
Other assets, including restricted cash of $317 in 2017 and $193 in 2016 (portion measured at fair value: 2017 - $922; 2016 - $1,809) 10,194 10,815
Separate account assets, at fair value 92,798 82,972
Assets held for sale 0 7,199
Total assets 498,301 498,264
Liabilities:    
Liability for unpaid losses and loss adjustment expenses 78,393 77,077
Unearned premiums 19,030 19,634
Future policy benefits for life and accident and health insurance contracts 45,432 42,204
Policyholder contract deposits (portion measured at fair value: 2017 - $4,150; 2016 - $3,058) 135,602 132,216
Other policyholder funds (portion measured at fair value: 2017 - $0; 2016 - $5) 3,648 3,989
Other liabilities (portion measured at fair value: 2017 - $1,124; 2016 - $2,016) 26,050 26,296
Long-term debt (portion measured at fair value: 2017 - $2,888; 2016 - $3,428) 31,640 30,912
Separate account liabilities 92,798 82,972
Liabilities held for sale 0 6,106
Total liabilities 432,593 421,406
Contingencies, commitments and guarantees (see Note 16)
AIG shareholders' equity:    
Common stock, $2.50 par value; 5,000,000,000 shares authorized; shares issued: 2017 - 1,906,671,492 and 2016 - 1,906,671,492 4,766 4,766
Treasury stock, at cost; 2017 - 1,007,626,835; 2016 - 911,335,651 shares of common stock (47,595) (41,471)
Additional paid-in capital 81,078 81,064
Retained earnings 21,457 28,711
Accumulated other comprehensive income (loss) 5,465 3,230
Total AIG shareholders' equity 65,171 76,300
Non-redeemable noncontrolling interests 537 558
Total equity 65,708 76,858
Total liabilities and equity $ 498,301 $ 498,264