BASIS OF PRESENTATION AND SIGNIFICANT EVENTS (Tables)

3 Months Ended

Mar. 31, 2012

BASIS OF PRESENTATION AND SIGNIFICANT EVENTS

Schedule of supplementary disclosure of consolidated cash flow information

Three Months Ended March 31, (in millions)	2012		2011
Cash paid during the period for:
Interest*	$	939	$	5,796
Taxes	$	97	$	384
Non-cash financing/investing activities:
Interest credited to policyholder contract deposits included in financing activities	$	1,100	$	1,255

*

2011 includes payment of FRBNY Credit Facility accrued compounded interest of $4.7 billion, before the facility was terminated on January 14, 2011 in connection with the series of integrated transactions to recapitalize AIG (the Recapitalization) with the Department of the Treasury, the Federal Reserve Bank of New York and the AIG Credit Facility Trust, including the repayment of all amounts owned under the Credit Agreement, dated as of September 22, 2008 (as amended, the FRBNY Credit Facility).