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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Fixed maturity securities:    
Bonds available for sale, at fair value (amortized cost: 2018 - $225,780; 2017 - $225,461) $ 229,391 $ 238,992
Other bond securities, at fair value (See Note 6) 11,415 12,772
Equity Securities:    
Common and preferred stock available for sale, at fair value (cost: 2017 - $1,305) 0 1,708
Other common and preferred stock, at fair value (See Note 6) 1,253 589
Mortgage and other loans receivable, net of allowance (portion measured at fair value: 2018 - $0; 2017 - $5) 43,135 37,023
Other invested assets (portion measured at fair value: 2018 - $5,894; 2017 - $6,248) 19,341 20,822
Short-term investments, including restricted cash of 2018 - $142; 2017 - $58 (portion measured at fair value: 2018 - $3,015; 2017 - $2,615) 9,674 10,386
Total investments 314,209 322,292
Cash 2,873 2,362
Accrued investment income 2,389 2,356
Premiums and other receivables, net of allowance 11,011 10,248
Reinsurance assets, net of allowance 38,172 33,024
Deferred income taxes 15,221 14,033
Deferred policy acquisition costs 12,694 10,994
Other assets, including restricted cash of $343 in 2018 and $317 in 2017 (portion measured at fair value: 2018 - $973; 2017 - $922) 13,568 10,194
Separate account assets, at fair value 81,847 92,798
Total assets 491,984 498,301
Liabilities:    
Liability for unpaid losses and loss adjustment expenses 83,639 78,393
Unearned premiums 19,248 19,030
Future policy benefits for life and accident and health insurance contracts 44,935 45,432
Policyholder contract deposits (portion measured at fair value: 2018 - $4,116; 2017 - $4,150) 142,262 135,602
Other policyholder funds 3,568 3,648
Other liabilities (portion measured at fair value: 2018 - $1,265; 2017 - $1,124) 24,636 26,050
Long-term debt (portion measured at fair value: 2018 - $2,213; 2017 - $2,888) 34,540 31,640
Separate account liabilities 81,847 92,798
Total liabilities 434,675 432,593
Contingencies, commitments and guarantees (see Note 11)
AIG shareholders' equity:    
Common stock, $2.50 par value; 5,000,000,000 shares authorized; shares issued: 2018 - 1,906,671,492 and 2017 - 1,906,671,492 4,766 4,766
Treasury stock, at cost; 2018 - 1,040,062,063 shares; 2017 - 1,007,626,835 shares of common stock (49,144) (47,595)
Additional paid-in capital 81,268 81,078
Retained earnings 20,884 21,457
Accumulated other comprehensive income (loss) (1,413) 5,465
Total AIG shareholders' equity 56,361 65,171
Non-redeemable noncontrolling interests 948 537
Total equity 57,309 65,708
Total liabilities and equity $ 491,984 $ 498,301