Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions		Jun. 30, 2023	Dec. 31, 2022
Assets:
Bonds available for sale, allowance for credit losses		$ 125	$ 186
Bonds available for sale, amortized cost		249,235	255,993
Mortgage and other loans receivable, allowance for credit losses		38,441	38,351
Other invested assets	[1]	16,067	15,953
Short-term investments	[1]	10,955	12,376
Premiums and other receivables, allowance for credit losses and disputes		160	169
Other assets, allowance for credit losses		49	49
Other assets	[1]	12,832	12,384
Liabilities:
Liability for unpaid losses and loss adjustment expenses, allowance for credit losses		14	14
Policyholder contract deposits		159,572	155,984
Fortitude Re funds withheld payable (portion measured at fair value: 2023 - $(2,118); 2022 - $(2,235))		(29,588)	(30,383)
Short term debt		$ 1,500	$ 1,500
AIG shareholders’ equity:
Preferred stock, par value (in dollars per share)		$ 5.00	$ 5.00
Preferred stock, shares authorized (in shares)		100,000,000	100,000,000
Preferred stock, shares issued (in shares)		20,000	20,000
Preferred stock liquidation preference		$ 500	$ 500
Common stock, par value (in dollars per share)		$ 2.50	$ 2.50
Common stock, shares authorized (in shares)		5,000,000,000	5,000,000,000
Common stock, shares issued (in shares)		1,906,671,492	1,906,671,492
Treasury stock, shares of common stock (in shares)		1,189,147,491	1,172,543,436
Fortitude RE
Assets:
Reinsurance asset, allowance for credit loss		$ 0	$ 0
Excluding Fortitude
Assets:
Reinsurance asset, allowance for credit loss		271	295
Short-term investments, at cost (approximates fair value)
Assets:
Restricted cash		32	140
Other assets
Assets:
Restricted cash		37	33
Recurring Basis
Assets:
Other invested assets		12,105	12,042
Short-term investments		4,278	5,708
Other assets		521	621
Liabilities:
Policyholder contract deposits		6,864	5,408
Fortitude Re funds withheld payable (portion measured at fair value: 2023 - $(2,118); 2022 - $(2,235))		(2,118)	(2,235)
Other liabilities		383	343
Long-term debt, portion measured at fair value		$ 50	$ 56

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