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Consolidated Statement of Operations (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues:        
Premiums $ 9,619 $ 9,898 $ 19,080 $ 19,380
Policy fees 674 682 1,365 1,366
Net investment income 4,481 4,464 11,586 10,033
Net realized capital gains (losses):        
Total other-than-temporary impairments on available for sale securities (99) (181) (267) (399)
Portion of other-than-temporary impairments on available for sale fixed maturity securities recognized in Other comprehensive income (51) 56 (336) 59
Net other-than-temporary impairments on available for sale securities recognized in net income (150) (125) (603) (340)
Other realized capital gains (losses) 547 200 750 (320)
Total net realized capital gains (losses) 397 75 147 (660)
Aircraft leasing revenue 1,123 1,134 2,279 2,290
Other income 829 427 1,109 1,710
Total revenues 17,123 16,680 35,566 34,119
Benefits, claims and expenses:        
Policyholder benefits and claims incurred 7,769 8,086 14,871 17,045
Interest credited to policyholder account balances 1,064 1,114 2,133 2,220
Amortization of deferred acquisition costs 1,472 1,322 2,819 2,553
Other acquisition and insurance expenses 2,264 2,129 4,522 4,097
Interest expense 954 1,001 1,907 2,085
Aircraft leasing expenses 646 578 1,271 1,207
Net loss on extinguishment of debt 11 79 32 3,392
Other expenses 1,192 577 1,676 1,036
Total benefits, claims and expenses 15,372 14,886 29,231 33,635
Income from continuing operations before income tax expense (benefit) 1,751 1,794 6,335 484
Income tax expense (benefit) (593) (296) 555 (522)
Income from continuing operations 2,344 2,090 5,780 1,006
Income (loss) from discontinued operations, net of income tax expense (benefit) (5) (37) 8 2,548
Net income 2,339 2,053 5,788 3,554
Less: Net income from continuing operations attributable to noncontrolling interests:        
Nonvoting, callable, junior and senior preferred interests   141 208 393
Other 7 64 40 9
Total net income from continuing operations attributable to noncontrolling interests 7 205 248 402
Net income from discontinued operations attributable to noncontrolling interests   12   19
Total net income attributable to noncontrolling interests 7 217 248 421
Net income attributable to AIG 2,332 1,836 5,540 3,133
Net income attributable to AIG common shareholders $ 2,332 $ 1,836 $ 5,540 $ 2,321
Basic:        
Income (loss) from continuing operations (in dollars per share) $ 1.33 $ 1.03 $ 3.05 $ (0.12)
Income (loss) from discontinued operations (in dollars per share)   $ (0.03)   $ 1.49
Diluted:        
Income (loss) from continuing operations (in dollars per share) $ 1.33 $ 1.03 $ 3.05 $ (0.12)
Income (loss) from discontinued operations (in dollars per share)   $ (0.03)   $ 1.49
Weighted average shares outstanding:        
Basic (in shares) 1,756,689,067 1,836,713,069 1,816,331,019 1,698,001,301
Diluted (in shares) 1,756,714,475 1,836,771,513 1,816,358,625 1,698,001,301