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Consolidated Statement of Equity (USD $)
In Millions, unless otherwise specified
Total
Total AIG Shareholders' Equity
Preferred Stock
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Non-redeemable non-controlling Interests
Balance at Dec. 31, 2008 $ 60,805 $ 52,710 $ 40,000 $ 368 $ (8,450) $ 39,488 $ (12,368) $ (6,328) $ 8,095
Increase (Decrease) in Stockholders' Equity                  
Series C issuance     23,000     (23,000)      
Series D exchange for Series E     1,605     (1,605)      
Series F drawdowns 5,344 5,344 5,344            
Series F commitment fee (165) (165) (165)            
Common stock issued under stock plans       1 176 (177)      
Retirement of treasury stock       (15) 7,400 (7,385)      
Cumulative effect of change in accounting principle, net of tax (New accounting standard for other-than-temporary impairments) 2,478 2,478         11,826 (9,348)  
Net income (loss) attributable to AIG or other noncontrolling interests [1] (12,733) (10,949)         (10,949)   (1,784)
Net income attributable to noncontrolling nonvoting, callable, junior and senior preferred interests held by the Federal Reserve Bank of New York 140               140
Other comprehensive income (loss) 21,757 21,369           21,369 388
Deferred income taxes (818) (818)       (818)      
Net decrease due to deconsolidation (3,502) (97)       (97)     (3,405)
Contributions from noncontrolling interests 677               677
Distributions to noncontrolling interests (368)               (368)
Issuance of noncontrolling nonvoting, callable, junior and senior preferred interests to the Federal Reserve Bank of New York 24,400               24,400
Other 61 (48)       (48)     109
Balance at Dec. 31, 2009 98,076 69,824 69,784 354 (874) 6,358 (11,491) 5,693 28,252
Increase (Decrease) in Stockholders' Equity                  
Series F drawdowns 2,199 2,199 2,199            
Common stock issued under stock plans (18) (18)   2   (20)      
Equity unit exchange 3,657 3,657   12   3,645      
Cumulative effect of change in accounting principle, net of tax (New accounting standard for variable interest entities) (106) (106)         239 (345)  
Net income (loss) attributable to AIG or other noncontrolling interests [1] 8,122 7,786         7,786   336
Net income attributable to noncontrolling nonvoting, callable, junior and senior preferred interests held by the Federal Reserve Bank of New York 1,818               1,818
Other comprehensive income (loss) [2] 2,452 2,276           2,276 176
Deferred income taxes (332) (332)       (332)      
Net decrease due to deconsolidation (2,740)               (2,740)
Contributions from noncontrolling interests 253               253
Distributions to noncontrolling interests (175)               (175)
Other 33 33     1 32      
Balance at Dec. 31, 2010 113,239 85,319 71,983 368 (873) 9,683 (3,466) 7,624 27,920
Increase (Decrease) in Stockholders' Equity                  
Series F drawdowns 20,292 20,292 20,292            
Repurchase of SPV preferred interests in connection with Recapitalization [3] (26,432)               (26,432)
Exchange of consideration for preferred stock in connection with Recapitalization [3] (20,677) (20,677) (92,275) 4,138   67,460      
Common stock issued 2,886 2,886   250   2,636      
Purchase of common stock (70) (70)     (70)        
Settlement of equity unit stock purchase contracts 2,169 2,169   9   2,160      
Net income (loss) attributable to AIG or other noncontrolling interests 17,880 17,798         17,798   82
Net income attributable to noncontrolling nonvoting, callable, junior and senior preferred interests held by the Federal Reserve Bank of New York 74               74
Other comprehensive income (loss) [2] (2,828) (2,709)           (2,709) (119)
Deferred income taxes 2 2       2      
Acquisition of noncontrolling interest (560) (71)       (164)   93 (489)
Net decrease due to deconsolidation (123)               (123)
Contributions from noncontrolling interests 120               120
Distributions to noncontrolling interests (128)               (128)
Other (38) 12   1 1 10     (50)
Balance at Dec. 31, 2011 $ 105,806 $ 104,951 $ 0 $ 4,766 $ (942) $ 81,787 $ 14,332 $ 5,008 $ 855
[1] Excludes gains of $560 million, $73 million and $280 million in 2011, 2010 and 2009, respectively, attributable to redeemable noncontrolling interests and net income attributable to noncontrolling nonvoting, callable, junior and senior preferred interests held by the Federal Reserve Bank of New York of $74 million, $1.8 billion and $140 million in 2011, 2010 and 2009, respectively.
[2] Excludes $2 million and $5 million attributable to redeemable noncontrolling interests for the year ended December 31, 2011 and 2010, respectively.
[3] See Notes 1 and 17 to Consolidated Financial Statements.