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Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Fixed maturity securities:    
Bonds available for sale, at fair value (amortized cost: 2012 - $244,790; 2011 - $250,770) $ 263,014 $ 263,981
Bond trading securities, at fair value 30,919 24,364
Equity securities:    
Common and preferred stock available for sale, at fair value (cost: 2012 - $1,733; 2011 - $1,820) 2,947 3,624
Common and preferred stock trading, at fair value 103 125
Mortgage and other loans receivable, net of allowance (portion measured at fair value: 2012 - $123; 2011 - $107) 19,387 19,489
Flight equipment primarily under operating leases, net of accumulated depreciation 35,095 35,539
Other invested assets (portion measured at fair value: 2012 - $16,415; 2011 - $20,876) 36,700 40,744
Short-term investments (portion measured at fair value: 2012 - $7,359; 2011 - $5,913) 24,365 22,572
Total investments 412,530 410,438
Cash 1,232 1,474
Accrued investment income 3,029 3,108
Premiums and other receivables, net of allowance 14,550 14,721
Reinsurance assets, net of allowance 27,539 27,211
Current and deferred income taxes 16,195 17,802
Deferred policy acquisition costs 8,565 8,937
Derivative assets, at fair value 3,753 4,499
Other assets, including restricted cash of $3,253 in 2012 and $2,988 in 2011 (portion measured at fair value: 2012 - $700, 2011 - $0) 13,725 12,782
Separate account assets, at fair value 54,265 51,388
Total assets 555,383 552,360
Liabilities:    
Liability for unpaid claims and claims adjustment expense 87,871 91,145
Unearned premiums 24,458 23,465
Future policy benefits for life and accident and health insurance contracts 34,935 34,317
Policyholder contract deposits (portion measured at fair value: 2012 - $1,188; 2011 - $918) 126,954 126,898
Other policyholder funds 6,231 6,691
Derivative liabilities, at fair value 4,138 4,733
Other liabilities (portion measured at fair value: 2012 - $1,588; 2011 - $907) 36,993 27,554
Long-term debt (portion measured at fair value: 2012 - $9,404; 2011 - $10,766) 73,897 75,253
Separate account liabilities 54,265 51,388
Total liabilities 449,742 441,444
Commitments, contingencies and guarantees (see Note 9)      
Redeemable noncontrolling interests (see Note 1):    
Nonvoting, callable, junior preferred interests held by Department of the Treasury   8,427
Other 112 96
Total redeemable noncontrolling interests 112 8,523
AIG shareholders' equity:    
Common stock, $2.50 par value; 5,000,000,000 shares authorized; shares issued: 2012 - 1,906,612,666 and 2011 - 1,906,568,099 4,766 4,766
Treasury stock, at cost; 2012 - 178,142,848; 2011 - 9,746,617 shares of common stock (5,926) (942)
Additional paid-in capital 81,764 81,787
Retained earnings 16,314 10,774
Accumulated other comprehensive income 7,791 5,153
Total AIG shareholders' equity 104,709 101,538
Non-redeemable noncontrolling interests 820 855
Total equity 105,529 102,393
Total liabilities and equity $ 555,383 $ 552,360