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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Premiums $ 7,275 $ 7,782
Policy fees 764 724
Net investment income 3,261 3,686
Net realized capital gains (losses):    
Total other-than-temporary impairments on available for sale securities (75) (39)
Portion of other-than-temporary impairments on available for sale fixed maturity securities recognized in Other comprehensive income (loss) (12) (21)
Net other-than-temporary impairments on available for sale securities recognized in net income (loss) (87) (60)
Other realized capital gains (losses) 68 (55)
Total net realized capital gains (losses) (19) (115)
Other income 431 555
Total revenues 11,712 12,632
Benefits, losses and expenses:    
Policyholder benefits and losses incurred 5,667 6,047
Interest credited to policyholder account balances 916 910
Amortization of deferred policy acquisition costs 1,358 1,108
General operating and other expenses 2,271 2,443
Interest expense 277 298
(Gain) loss on extinguishment of debt 4 (1)
Net (gain) loss on sale of divested businesses (8) 100
Total benefits, losses and expenses 10,485 10,905
Income (loss) from continuing operations before income tax expense (benefit) 1,227 1,727
Income tax expense (benefit):    
Income tax expense (benefit) 277 516
Income (loss) from continuing operations 950 1,211
Income (loss) from discontinued operations, net of income tax expense (1) 0
Net income (loss) 949 1,211
Less:    
Net income (loss) from continuing operations attributable to noncontrolling interests 11 26
Net income (loss) attributable to AIG $ 938 $ 1,185
Basic:    
Income (loss) from continuing operations $ 1.03 $ 1.21
Income (loss) from discontinued operations 0 0
Net income (loss) attributable to AIG 1.03 1.21
Diluted:    
Income (loss) from continuing operations 1.01 1.18
Income (loss) from discontinued operations 0 0
Net income (loss) attributable to AIG $ 1.01 $ 1.18
Weighted average shares outstanding:    
Basic 907,951,597 980,777,243
Diluted 925,266,577 1,005,315,030
Dividends declared per common share $ 0.32 $ 0.32