Consolidated Balance Sheets - USD ($) $ in Millions		Jun. 30, 2023	Dec. 31, 2022
Fixed maturity securities:
Bonds available for sale, at fair value, net of allowance for credit losses of $125 in 2023 and $186 in 2022 (amortized cost: 2023 - $249,235; 2022 - $255,993)*	[1]	$ 222,530	$ 226,156
Other bond securities, at fair value (See Note 5)	[1]	4,941	4,485
Equity securities, at fair value (See Note 5)	[1]	660	575
Mortgage and other loans receivable, net of allowance for credit losses of $38,441 in 2023 and $38,351 in 2022*	[1]	51,605	49,605
Other invested assets (portion measured at fair value: 2023 - $12,105; 2022 - $12,042)*	[1]	16,067	15,953
Short-term investments, including restricted cash of $32 in 2023 and $140 in 2022 (portion measured at fair value: 2023 - $4,278; 2022 - $5,708)*	[1]	10,955	12,376
Total investments		306,758	309,150
Cash	[1]	2,283	2,043
Accrued investment income	[1]	2,506	2,376
Premiums and other receivables, net of allowance for credit losses and disputes of $160 in 2023 and $169 in 2022		12,428	13,243
Deferred income taxes		14,103	14,804
Deferred policy acquisition costs		12,702	12,857
Market risk benefit assets, at fair value		954	796
Other assets, net of allowance for credit losses of $49 in 2023 and $49 in 2022, including restricted cash of $37 in 2023 and $33 in 2022 (portion measured at fair value: 2023 - $521; 2022 - $621)*	[1]	12,832	12,384
Separate account assets, at fair value		89,718	84,853
Assets held for sale		12,695	0
Total assets		537,138	522,228
Liabilities:
Liability for unpaid losses and loss adjustment expenses, including allowance for credit losses of $14 in 2023 and $14 in 2022		70,284	75,167
Unearned premiums		19,152	18,338
Future policy benefits for life and accident and health insurance contracts		55,690	51,914
Policyholder contract deposits (portion measured at fair value: 2023 - $6,864; 2022 - $5,408)		159,572	155,984
Market risk benefit liabilities, at fair value		4,977	4,736
Other policyholder funds		3,430	3,463
Fortitude Re funds withheld payable (portion measured at fair value: 2023 - $(2,118); 2022 - $(2,235))		29,588	30,383
Other liabilities (portion measured at fair value: 2023 - $383; 2022 - $343)*	[1]	24,496	26,757
Separate account liabilities		89,718	84,853
Liabilities held for sale		9,595	0
Total liabilities		490,647	478,774
Contingencies, commitments and guarantees (See Note 15)
AIG shareholders’ equity:
Series A non-cumulative preferred stock and additional paid in capital, $5.00 par value; 100,000,000 shares authorized; shares issued: 2023 - 20,000 and 2022 - 20,000; liquidation preference $500		485	485
Common stock, $2.50 par value; 5,000,000,000 shares authorized; shares issued: 2023 - 1,906,671,492 and 2022 - 1,906,671,492		4,766	4,766
Treasury stock, at cost; 2023 - 1,189,147,491 shares; 2022 - 1,172,543,436 shares of common stock		(57,408)	(56,473)
Additional paid-in capital		77,677	79,915
Retained earnings		35,916	34,893
Accumulated other comprehensive loss		(18,982)	(22,616)
Total AIG shareholders’ equity		42,454	40,970
Non-redeemable noncontrolling interests		4,037	2,484
Total equity		46,491	43,454
Total liabilities and equity		537,138	522,228
Recurring Basis
Fixed maturity securities:
Other invested assets (portion measured at fair value: 2023 - $12,105; 2022 - $12,042)*		12,105	12,042
Short-term investments, including restricted cash of $32 in 2023 and $140 in 2022 (portion measured at fair value: 2023 - $4,278; 2022 - $5,708)*		4,278	5,708
Market risk benefit assets, at fair value		954	796
Other assets, net of allowance for credit losses of $49 in 2023 and $49 in 2022, including restricted cash of $37 in 2023 and $33 in 2022 (portion measured at fair value: 2023 - $521; 2022 - $621)*		521	621
Liabilities:
Policyholder contract deposits (portion measured at fair value: 2023 - $6,864; 2022 - $5,408)		6,864	5,408
Market risk benefit liabilities, at fair value		4,977	4,736
Fortitude Re funds withheld payable (portion measured at fair value: 2023 - $(2,118); 2022 - $(2,235))		2,118	2,235
Consolidated Entities, Excluding Consolidated Investments
Liabilities:
Short-term and long-term debt*		21,352	21,299
Consolidated Investments, Including Variable Interest Entities, Primarily Beneficiary
Liabilities:
Short-term and long-term debt*	[1]	2,793	5,880
Fortitude RE
Fixed maturity securities:
Reinsurance assets, net of allowance for credit losses and disputes		30,541	30,751
Excluding Fortitude
Fixed maturity securities:
Reinsurance assets, net of allowance for credit losses and disputes		$ 39,618	$ 38,971

[1] See Note 10 for details of balances associated with variable interest entities.