BASIS OF PRESENTATION AND SIGNIFICANT EVENTS (Tables)

6 Months Ended

Jun. 30, 2012

BASIS OF PRESENTATION AND SIGNIFICANT EVENTS

Schedule of supplementary disclosure of consolidated cash flow information

Six Months Ended June 30, (in millions)	2012		2011
Cash paid during the period for:
Interest*	$	2,088	$	7,081
Taxes	$	206	$	547
Non-cash financing/investing activities:
Interest credited to policyholder contract deposits included in financing activities	$	2,186	$	2,434

*

2011 includes payment of accrued compounded interest of $4.7 billion under the Credit Agreement, dated as of September 22, 2008, as amended (the FRBNY Credit Facility), 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 owed under the FRBNY Credit Facility.