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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Premiums $ 8,070 $ 7,275
Policy fees 735 764
Net investment income 3,879 3,261
Net realized capital losses:    
Total other-than-temporary impairments on available for sale securities (80) (75)
Portion of other-than-temporary impairments on available for sale fixed maturity securities recognized in Other comprehensive loss (3) (12)
Net other-than-temporary impairments on available for sale securities recognized in net income (83) (87)
Other realized capital gains (losses) (363) 68
Total net realized capital losses (446) (19)
Other income 218 431
Total revenues 12,456 11,712
Benefits, losses and expenses:    
Policyholder benefits and losses incurred 6,679 5,667
Interest credited to policyholder account balances 940 916
Amortization of deferred policy acquisition costs 1,289 1,358
General operating and other expenses 2,053 2,271
Interest expense 349 277
(Gain) loss on extinguishment of debt (2) 4
Net gain on sale of divested businesses (6) (8)
Total benefits, losses and expenses 11,302 10,485
Income from continuing operations before income tax expense 1,154 1,227
Income tax expense:    
Income tax expense 217 277
Income from continuing operations 937 950
Loss from discontinued operations, net of income tax expense 0 (1)
Net income 937 949
Less:    
Net income from continuing operations attributable to noncontrolling interests 283 11
Net income attributable to AIG $ 654 $ 938
Basic:    
Income from continuing operations $ 0.75 $ 1.03
Income from discontinued operations 0 0
Net income attributable to AIG 0.75 1.03
Diluted:    
Income from continuing operations 0.75 1.01
Income from discontinued operations 0 0
Net income attributable to AIG $ 0.75 $ 1.01
Weighted average shares outstanding:    
Basic 875,383,084 907,951,597
Diluted 877,512,244 925,266,577