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Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Premiums $ 7,110 $ 6,507
Policy fees 764 784
Net investment income 3,237 3,657
Net realized gains (losses) 4,419 3,250
Other income 278 256
Total revenues 15,808 14,454
Benefits, losses and expenses:    
Policyholder benefits and losses incurred 5,255 5,139
Interest credited to policyholder account balances 877 868
Amortization of deferred policy acquisition costs 1,437 1,304
General operating and other expenses 2,181 2,088
Interest expense 263 342
Gains on extinguishment of debt 0 (8)
Net gain on divestitures (40) (7)
Total benefits, losses and expenses 9,973 9,726
Income from continuing operations before income tax expense 5,835 4,728
Income tax expense 1,179 798
Income from continuing operations 4,656 3,930
Income (loss) from discontinued operations, net of income taxes 0 0
Net income 4,656 3,930
Less:    
Net income from continuing operations attributable to noncontrolling interests 396 54
Net income attributable to AIG 4,260 3,876
Less: Dividends on peferred stock 7 7
Net income attributable to AIG common shareholders $ 4,253 $ 3,869
Basic:    
Income from continuing operations $ 5.21 $ 4.45
Income from discontinued operations 0 0
Net income attributable to AIG common shareholders 5.21 4.45
Diluted:    
Income from continuing operations 5.15 4.41
Income from discontinued operations 0 0
Net income attributable to AIG common shareholders $ 5.15 $ 4.41
Weighted average shares outstanding:    
Basic 816,314,273 868,105,069
Diluted 826,012,610 876,269,924
Excluding Fortitude Re funds withheld assets    
Revenues:    
Net investment income $ 2,946 $ 3,171
Net realized gains (losses) 1,241 695
Fortitude Re funds withheld assets    
Revenues:    
Net investment income 291 486
Net realized gains (losses) (140) 173
Fortitude Re funds withheld embedded derivative    
Revenues:    
Net realized gains (losses) $ 3,318 $ 2,382