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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income $ 4,656 $ 3,930
Noncash revenues, expenses, gains and losses included in income (loss):    
Net gains (losses) on sales of securities available for sale and other assets 165 (417)
Net gain on divestitures (40) (7)
Gains on extinguishment of debt 0 (8)
Unrealized gains in earnings - net (2,006) (853)
Equity in (income) loss from equity method investments, net of dividends or distributions (91) 3
Depreciation and other amortization 1,447 1,423
Impairments of assets 0 6
Changes in operating assets and liabilities:    
Insurance reserves 1,734 3,628
Premiums and other receivables and payables - net (4,164) (2,863)
Reinsurance assets, net (1,223) (2,879)
Capitalization of deferred policy acquisition costs (1,386) (1,422)
Current and deferred income taxes - net 1,123 756
Other, net (158) (657)
Total adjustments (4,599) (3,290)
Net cash provided by operating activities 57 640
Sales or distribution of:    
Available for sale securities 6,097 6,200
Other securities 411 248
Other invested assets 795 1,147
Maturities of fixed maturity securities available for sale 5,674 7,823
Principal payments received on and sales of mortgage and other loans receivable 1,921 2,009
Purchases of:    
Available for sale securities (12,263) (15,329)
Other securities (1,061) (64)
Other invested assets (674) (649)
Mortgage and other loans receivable (3,515) (1,997)
Net change in short-term investments 3,645 4,067
Other, net (177) (1,950)
Net cash provided by investing activities 853 1,505
Proceeds from (payments for)    
Policyholder contract deposits 6,392 5,716
Policyholder contract withdrawals (4,802) (5,190)
Purchase of common stock (1,394) (362)
Dividends paid on preferred stock (7) (7)
Dividends paid on common stock (258) (276)
Other, net (490) (102)
Net cash used in financing activities (595) (2,114)
Effect of exchange rate changes on cash and restricted cash (13) (17)
Net increase in cash and restricted cash 302 14
Cash and restricted cash at beginning of year 2,427 3,230
Cash and restricted cash at end of period 2,729 3,244
American International Group, Inc.    
Proceeds from (payments for)    
Issuance of debt 11 27
Repayments of debt (7) (1,515)
Debt of consolidated investments    
Proceeds from (payments for)    
Issuance of debt 697 495
Repayments of debt $ (737) $ (900)