-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MikbVlsLYexUfDSXVBTLkYsd2/I0jR+Nr/Q3PxZ8g+KYm8pqSp91s5eMIbExdJ7M kZhoYbjwNj6/+AFYloeeWw== 0001104659-09-053270.txt : 20090903 0001104659-09-053270.hdr.sgml : 20090903 20090903160105 ACCESSION NUMBER: 0001104659-09-053270 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 30 CONFORMED PERIOD OF REPORT: 20090630 FILED AS OF DATE: 20090903 DATE AS OF CHANGE: 20090903 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN INTERNATIONAL GROUP INC CENTRAL INDEX KEY: 0000005272 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 132592361 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-08787 FILM NUMBER: 091053755 BUSINESS ADDRESS: STREET 1: 70 PINE ST CITY: NEW YORK STATE: NY ZIP: 10270 BUSINESS PHONE: 2127707000 MAIL ADDRESS: STREET 1: 70 PINE STREET CITY: NEW YORK STATE: NY ZIP: 10270 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN INTERNATIONAL ENTERPRISES INC DATE OF NAME CHANGE: 19700507 10-Q/A 1 a09-25394_110qa.htm 10-Q/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

Form 10-Q/A

 

(Amendment No. 1)

 

(Mark One)

 

x

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

 

For the quarterly period ended June 30, 2009

 

 

or

 

 

o

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the transition period from                   to                   

 

Commission File Number 1-8787

 


 

American International Group, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware

 

13-2592361

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. Employer
Identification No.)

 

 

 

70 Pine Street, New York, New York

 

10270

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (212) 770-7000

 

Former name, former address and former fiscal year, if changed since last report: None

 


 

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes x     No o

 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).  Yes x     No o

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

 

Large accelerated filer x

 

Accelerated filer o

 

 

 

Non-accelerated filer o

 

Smaller reporting company o

(Do not check if a smaller reporting company)

 

 

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes o     No x

 

As of July 31 2009, there were 134,575,809 shares outstanding of the registrant’s common stock.

 

 

 



 

EXPLANATORY NOTE

 

This amendment to the Quarterly Report on Form 10-Q for the quarter ended June 30, 2009 (Amendment No. 1) is being filed solely for the purpose of furnishing the Interactive Data File pursuant to Regulation S-T Rule 405(a)(2)(ii) by amending the Exhibit Index under Item 6 of Part II of the Quarterly Report on Form 10-Q for the quarter ended June 30, 2009 of American International Group, Inc. (the June 30, 2009 Form 10-Q ). All other Items of the June 30, 2009 Form 10-Q are unaffected by the change described above and have been omitted from this Amendment No. 1.

 

2



 

Item 6. Exhibits.

 

The Exhibit Index listed under Item 6 of Part II of the June 30, 2009 Form 10-Q is hereby amended such that the following document is added to the Exhibit index and is included as an exhibit to the June 30, 2009 Form 10-Q.

 

EXHIBIT INDEX

 

Exhibit
Number

 

Description

 

Location

 

 

 

 

 

101

 

Interactive data files pursuant to Rule 405 of Regulation S-T: (i) the Consolidated Balance Sheet as of June 30, 2009 and December 31, 2008, (ii) the Consolidated Statement of Income (Loss) for the three and six months ended June 30, 2009 and June 30, 2008, (iii) the Consolidated Statement of Equity for the six months ended June 30, 2009, (iv) the Consolidated Statement of Cash Flows for the six months ended June 30, 2009 and June 30, 2008, (v) the Consolidated Statement of Comprehensive Income (Loss) for the three and six months ended June 30, 2009 and June 30, 2008 and (vi) the Notes to the Consolidated Financial Statements, tagged as blocks of text.*

 

Filed herewith.

 


 

* As provided in Rule 406T of Regulation S-T, this information is furnished and not filed for purposes of Sections 11 and 12 of the Securities Act of 1933 and Section 18 of the Securities Exchange Act of 1934.

 

3



 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

AMERICAN INTERNATIONAL GROUP, INC.

 

(Registrant)

 

 

 

 

 

/s/ David L. Herzog

 

David L. Herzog

 

Executive Vice President

 

Chief Financial Officer

 

Principal Financial Officer

 

 

 

 

 

/s/ Joseph D. Cook

 

Joseph D. Cook

 

Vice President

 

Controller

 

Principal Accounting Officer

 

 

 

 

Dated: September 3, 2009

 

 

4


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cellPadding=0 width=144 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">3.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Segment Information</FONT></B> </TD></TR></TBODY></TABLE><!-- XBRL,body --> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG identifies its operating segments by product line consistent with its management structure and evaluates their performance based on operating income (loss) before taxes. During the second quarter of 2009, AIG realigned its financial reporting structure to reflect the effects of its restructuring activities on how management views and manages its businesses. Consequently, beginning in the second quarter of 2009, the results for Transatlantic, Personal Lines (excluding the results of the Private Client Group), and Mortgage Guaranty, previously reported as part of the General Insurance operating segment, are now included in AIG&#146;s Other operations. In addition, the historical results for HSB Group, Inc. (HSB) (which was sold on March&nbsp;31, 2009), previously included within Commercial Insurance, are now included in AIG&#146;s Other category. Prior period amounts have been revised to conform to the current presentation. As a result of dispositions, only Mortgage Guaranty is expected to report ongoing results of operations commencing in the third quarter of 2009. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG&#146;s operating segments are General Insurance, Life Insurance&nbsp;&amp; Retirement Services, Financial Services, and Asset Management. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>AIG&#146;s results by operating segment were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="60%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; 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</TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total revenues: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Operating segments: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">General Insurance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>8,847</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>10,120 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>16,974</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>19,738 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Life Insurance&nbsp;&amp; Retirement Services </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>14,997</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>10,161 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>23,854</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>18,913 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Financial Services </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,155</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3,605 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,428</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(10,165 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Asset Management </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>452</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>797 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>751</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>648 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,276</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,845 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,801</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5,388 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Consolidation and eliminations </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(202</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(385 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(825</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(558 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total revenues </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>29,525</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>19,933 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>49,983</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>33,964 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net realized capital gains (losses): </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Operating segments: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">General Insurance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(45</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(493 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(653</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(739 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Life Insurance&nbsp;&amp; Retirement Services </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>297</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,010 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,811</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(9,379 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Financial Services </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>10</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(24</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(136 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Asset Management </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>78</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(464 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(74</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,869 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,639</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(129 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(839</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(47 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total net realized capital gains (losses) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(1,299</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(6,081 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(4,401</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(12,170 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Operating income (loss): </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Operating segments: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">General Insurance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>971</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,212 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,094</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,727 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Life Insurance&nbsp;&amp; Retirement Services </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,818</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,401 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(55</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(4,232 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Financial Services </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(89</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,905 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,211</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(14,677 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Asset Management </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(222</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(314 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(855</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,565 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,337</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,100 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3,809</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,046 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Consolidation and eliminations </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>178</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(248 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(213</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(227 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total operating income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,319</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(8,756 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(5,049</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(20,020 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>AIG&#146;s General Insurance results by major internal reporting unit were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="62%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months Ended<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>General Insurance</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total revenues: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Commercial Insurance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5,522</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>5,981 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>10,546</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>11,971 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Foreign General Insurance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,325</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,139 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,428</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,767 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>8,847</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>10,120 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>16,974</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>19,738 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Operating income (loss): </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Commercial Insurance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>583</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>416 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>359</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,195 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Foreign General Insurance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>388</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>796 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>735</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,532 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>971</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,212 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,094</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,727 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>AIG&#146;s Life Insurance&nbsp;&amp; Retirement Services results by major internal reporting unit were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="61%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months Ended<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>Life Insurance &amp; Retirement Services</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total revenues: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Foreign: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Japan and Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4,634</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>5,369 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>7,877</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>9,265 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Asia </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,771</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,575 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,220</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,852 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Domestic: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Domestic Life Insurance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,204</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,234 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,719</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,517 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Domestic Retirement Services </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,388</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,017 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,038</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,721 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>14,997</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>10,161 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>23,854</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>18,913 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Operating income (loss): </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Foreign: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Japan and Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>94</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>577 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>172</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,060 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Asia </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,267</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>196 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,523</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>448 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Domestic: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Domestic Life Insurance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>559</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,005 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>251</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,875 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Domestic Retirement Services </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(102</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,169 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,001</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3,865 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,818</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(2,401 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(55</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(4,232 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>AIG&#146;s Financial Services results by major internal reporting unit were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="61%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months Ended<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>Financial Services</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total revenues: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Aircraft Leasing </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,384</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,298 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2,665</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,463 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Capital Markets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(8</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6,088 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(977</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(14,831 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Consumer Finance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>565</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,028 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,386</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,959 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other, including intercompany adjustments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>214</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>157 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>354</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>244 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2,155</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(3,605 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>3,428</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(10,165 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Operating income (loss): </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Aircraft Leasing </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>410</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>334 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>726</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>555 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Capital Markets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(128</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6,284 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,249</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(15,211 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Consumer Finance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(404</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(33 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(702</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(85 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other, including intercompany adjustments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>33</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>78 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>14</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>64 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(89</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,905 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(1,211</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(14,677 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>AIG&#146;s Asset Management operations consist of a single internal reporting unit.</B></DIV></BODY></HTML> <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 159px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=159 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">6.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Variable Interest Entities</FONT></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>FIN&nbsp;46(R) provides guidance for determining when to consolidate certain entities in which equity investors do not have the characteristics of a controlling financial interest or do not have sufficient equity that is at risk to allow the entity to finance its activities without additional subordinated financial support. FIN&nbsp;46(R) recognizes that consolidation based on majority voting interest should not apply to these variable interest entities (VIEs). A VIE is consolidated by its primary beneficiary, which is the party or group of related parties that absorbs a majority of the expected losses of the VIE, receives the majority of the expected residual returns of the VIE, or both. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG generally determines whether it is the primary beneficiary or a significant interest holder based on a qualitative assessment of the VIE. This includes a review of the VIE&#146;s capital structure, contractual relationships and terms, nature of the VIE&#146;s operations and purpose, nature of the VIE&#146;s interests issued, and AIG&#146;s interests in the entity that either create or absorb variability. AIG evaluates the design of the VIE and the related risks the entity was designed to expose the variable interest holders to in evaluating consolidation. In limited cases, when it may be unclear from a qualitative standpoint if AIG is the primary beneficiary, AIG uses a quantitative analysis to calculate the probability weighted expected losses and probability weighted expected residual returns using cash flow modeling. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG&#146;s total off-balance sheet exposure associated with VIEs was $2.5&nbsp;billion and $3.3&nbsp;billion at June&nbsp;30, 2009 and December&nbsp;31, 2008, respectively. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents AIG&#146;s total assets, total liabilities and off-balance sheet exposure associated with its significant variable interests in consolidated VIEs:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="35%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Off-Balance<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>VIE Assets<I>*</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>VIE Liabilities</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>Sheet Exposure</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>December&nbsp;31,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>December&nbsp;31,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>December&nbsp;31,<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=22><B>(In billions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Real estate and investment funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5.0</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>5.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>3.0</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>3.1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>0.9</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>0.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Commercial paper conduit </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8.3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">CLOs/CDOs </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>0.1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Affordable housing partnerships </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2.7 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>0.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>0.5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>16.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>17.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>11.1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>11.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>0.9</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>0.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="1%"></TD> <TD width="1%"></TD> <TD width="98%"></TD></TR> <TR> <TD vAlign=top><I>* </I></TD> <TD></TD> <TD vAlign=bottom><I>Each of the VIE&#146;s assets can be used only to settle specific obligations of that VIE.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG defines a variable interest as significant relative to the materiality of its interest in the VIE. AIG calculates its maximum exposure to loss to be (i)&nbsp;the amount invested in the debt or equity of the VIE, (ii)&nbsp;the notional amount of VIE assets or liabilities where AIG has also provided credit protection to the VIE with the VIE as the referenced obligation, or (iii)&nbsp;other commitments and guarantees to the VIE. Interest holders in VIEs sponsored by AIG generally have recourse only to the assets and cash flows of the VIEs and do not have recourse to AIG, except in limited circumstances when AIG has provided a guarantee to the VIE&#146;s interest holders. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents total assets of unconsolidated VIEs in which AIG holds a significant variable interest or is a sponsor that holds a variable interest in a VIE, and AIG&#146;s maximum exposure to loss associated with these VIEs:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="42%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=18><B>Maximum Exposure to Loss</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>On-Balance Sheet</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Off-Balance Sheet</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Total<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Purchased<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Commitments<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>VIE<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>and Retained<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Assets</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Interests</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Other</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Guarantees</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Derivatives</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In billions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Real estate and investment funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>21.7</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>0.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1.4</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4.6 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">CLOs/CDOs </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>75.7</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5.1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>0.2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5.3 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Affordable housing partnerships </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1.1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1.1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1.1 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Maiden Lane Interests </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>37.8</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3.6 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other<I><SUP style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">*</SUP></I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>0.9</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>0.5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1.4 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>143.9</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>12.2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2.2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1.4</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>0.2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>16.0 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="42%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=18><B>Maximum Exposure to Loss</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>On-Balance Sheet</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Off-Balance Sheet</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Total<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Purchased<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Commitments<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>VIE<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>and Retained<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Assets</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Interests</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Other</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Guarantees</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Derivatives</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In billions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">December&nbsp;31, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Real estate and investment funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>23.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>0.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>4.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">CLOs/CDOs </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>95.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6.4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Affordable housing partnerships </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Maiden Lane Interests </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>46.4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other<I><SUP style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">*</SUP></I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8.7 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2.1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>175.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>15.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>0.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>20.3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="1%"></TD> <TD width="1%"></TD> <TD width="98%"></TD></TR> <TR> <TD vAlign=top align=right><I>* </I></TD> <TD></TD> <TD vAlign=bottom><I>Includes $1.2&nbsp;billion and $1.4&nbsp;billion of assets held in an unconsolidated structured investment vehicle (SIV) sponsored by AIGFP at June&nbsp;30, 2009 and December&nbsp;31, 2008, respectively. At June&nbsp;30, 2009 and December&nbsp;31, 2008, AIGFP&#146;s invested assets included $0.5&nbsp;billion and $0.6&nbsp;billion, respectively, of securities purchased under agreements to resell, commercial paper and medium-term and capital notes issued by this entity.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Balance Sheet Classification</FONT></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>AIG&#146;s interest in the assets and liabilities of consolidated and unconsolidated VIEs were classified on the Consolidated Balance Sheet as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="57%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Consolidated VIEs</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Unconsolidated VIEs</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>December&nbsp;31,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>December&nbsp;31,<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=14><B>(In billions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Assets: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Mortgage and other loans receivable </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>0.5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>0.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Available for sale securities* </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>0.1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>0.5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Trading securities* </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9.3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11.1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other invested assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3.5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4.3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3.1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other asset accounts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4.4</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4.2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1.3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right><B>16.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>17.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right><B>14.7</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>17.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Liabilities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">FRBNY commercial paper funding facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right><B>6.2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>6.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4.9</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>0.3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right><B>11.1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>11.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right><B>0.3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="1%"></TD> <TD width="1%"></TD> <TD width="98%"></TD></TR> <TR> <TD vAlign=top align=right><I>* </I></TD> <TD></TD> <TD vAlign=bottom><I>During the second quarter of 2009, AIGFP&#146;s interests in certain VIEs for which it has elected the fair value option, previously reported in the table above as Available for sale securities, were reclassified to Trading securities to conform with the Consolidated Balance Sheet presentation. Prior period amounts were revised to conform to the current period presentation.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG enters into various arrangements with VIEs in the normal course of business. AIG&#146;s insurance companies are involved with VIEs primarily as passive investors in debt securities (rated and unrated) and equity interests issued by VIEs. Through its Financial Services and Asset Management operations, AIG has participated in arrangements with VIEs that included designing and structuring entities, warehousing and managing the collateral of the entities, and entering into insurance, credit and derivative transactions with the VIEs. AIG has also established trusts for the sole purpose of issuing mandatorily redeemable preferred stock totaling $1.3&nbsp;billion to investors. AIG has determined that the trusts are variable interest entities, but has not consolidated the VIEs as AIG is not the primary beneficiary and does not hold a variable interest in the VIEs. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>See Notes&nbsp;9 and 13 to the Consolidated Financial Statements in the 2008 Financial Statements for additional information on VIEs and liabilities connected to trust preferred stock, respectively. </DIV></BODY></HTML> <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 206px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=206 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">7.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Derivatives and Hedge Accounting</FONT></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG uses derivatives and other financial instruments as part of its financial risk management programs and as part of its investment operations. AIGFP has also transacted in derivatives as a dealer. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Derivatives, as defined in FAS&nbsp;133, are financial arrangements among two or more parties with returns linked to or &#147;derived&#148; from some underlying equity, debt, commodity or other asset, liability, or foreign exchange rate or other index or the occurrence of a specified payment event. Derivative payments may be based on interest rates, exchange rates, prices of certain securities, commodities, or financial or commodity indices or other variables. Derivatives, with the exception of bifurcated embedded derivatives, are reflected at fair value on the Consolidated Balance Sheet in &#147;Unrealized gain on swaps, options and forward transactions, at fair value&#148; and &#147;Unrealized loss on swaps, options and forward contracts, at fair value.&#148; Bifurcated embedded derivatives are recorded with the host contract on the Consolidated Balance Sheet. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents the notional amounts and fair values of AIG&#146;s derivative instruments:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="59%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Derivative Assets</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Derivative Liabilities</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Notional<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Notional<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>At June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Amount<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value<I>(b)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Amount<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value<I>(b)</I></B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Derivatives designated as hedging instruments:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Interest rate contracts<I>(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>10,612 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,832 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>3,956 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>387 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Total derivatives designated as hedging instruments</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>10,612 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,832 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,956 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>387 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Derivatives not designated as hedging instruments:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Interest rate contracts<I>(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>474,399 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>38,884 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>461,437 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>35,007 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Foreign exchange contracts<I>(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>17,579 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>896 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>20,103 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,628 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Equity contracts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>9,435 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,217 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11,226 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,014 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Commodity contracts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>17,313 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,142 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>16,264 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,011 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Credit contracts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,847 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>733 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>241,302 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,972 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other contracts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>39,942 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>723 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>21,453 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,568 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Total derivatives not designated as hedging instruments</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>562,515 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>45,595 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>771,785 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>49,200 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Total derivatives</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>573,127 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>47,427 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>775,741 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>49,587 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Notional amount represents a standard of measurement of the volume of swaps business of AIG. Notional amount is not a quantification of market risk or credit risk and is not recorded on the consolidated balance sheet. Notional amounts generally represent those amounts used to calculate contractual cash flows to be exchanged and are not paid or received, except for certain contracts such as currency swaps and certain credit contracts.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Fair value amounts are shown before the effects of counterparty netting adjustments and offsetting cash collateral in accordance with FIN&nbsp;39.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(c) </I></TD> <TD></TD> <TD vAlign=bottom><I>During the second quarter of 2009, certain cross-currency interest rate swaps previously reported in Foreign exchange contracts were reclassified to Interest rate contracts.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The fair values of derivative assets and liabilities on the Consolidated Balance Sheet were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="77%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Derivative<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Derivative<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>At June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Assets<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Liabilities<I>(b)</I></B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=6><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">AIGFP derivatives </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>44,716 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>47,122 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Non-AIGFP derivatives </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,711 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,465 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total derivatives, gross </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>47,427 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>49,587 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Counterparty netting<I>(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(30,381 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(30,381 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Cash collateral<I>(d)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,667 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13,196 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total derivatives, net </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>11,379 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>6,010 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Included in non-AIGFP derivatives are $141&nbsp;million of bifurcated embedded derivatives of which $138&nbsp;million and $3&nbsp;million, respectively, are recorded in Policyholder contract deposits and Bonds available for sale, at fair value.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Included in non-AIGFP derivatives are $1.1&nbsp;billion of bifurcated embedded derivatives of which $1.1&nbsp;billion, $1&nbsp;million and $1&nbsp;million are recorded in Policyholder contract deposits, Common and preferred stocks available for sale, at fair value, and Bonds available for sale, at fair value, respectively.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(c) </I></TD> <TD></TD> <TD vAlign=bottom><I>Represents netting of derivative exposures covered by a qualifying master netting agreement in accordance with FIN&nbsp;39.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(d) </I></TD> <TD></TD> <TD vAlign=bottom><I>Represents cash collateral posted and received.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Hedge Accounting</FONT></U></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG designated certain derivatives entered into by AIGFP with third parties as either fair value or cash flow hedges of certain debt issued by AIG Parent (including the Matched Investment Program (MIP)), International Lease Finance Corporation (ILFC) and AGF. The fair value hedges included (i)&nbsp;interest rate swaps that were designated as hedges of the change in the fair value of fixed rate debt attributable to changes in the benchmark interest rate and (ii)&nbsp;foreign currency swaps designated as hedges of the change in fair value of foreign currency denominated debt attributable to changes in foreign exchange rates <FONT style="WHITE-SPACE: nowrap">and/or</FONT> the benchmark interest rate. With respect to the cash flow hedges, (i)&nbsp;interest rate swaps were designated as hedges of the changes in cash flows on floating rate debt attributable to changes in the benchmark interest rate, and (ii)&nbsp;foreign currency swaps were designated as hedges of changes in cash flows on foreign currency denominated debt attributable to changes in the benchmark interest rate and foreign exchange rates. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Beginning in the first quarter of 2009, AIG began using debt instruments in net investment hedge relationships to mitigate the foreign exchange risk associated with AIG&#146;s <FONT style="WHITE-SPACE: nowrap">non-U.S.&nbsp;dollar</FONT> functional currency foreign subsidiaries. AIG assesses the hedge effectiveness and measures the amount of ineffectiveness for these hedge relationships based on changes in spot exchange rates. AIG records the change in the carrying amount of these investments in the foreign currency translation adjustment within Accumulated other comprehensive loss. Simultaneously, the effective portion of the hedge of this exposure is also recorded in foreign currency translation adjustment and the ineffective portion, if any, is recorded in earnings. If (1)&nbsp;the notional amount of the hedging debt instrument matches the designated portion of the net investment and (2)&nbsp;the hedging debt instrument is denominated in the same currency as the functional currency of the hedged net investment, no ineffectiveness is recorded in earnings. In the three- and six-month periods ended June&nbsp;30, 2009, AIG recognized losses of $106&nbsp;million and $97&nbsp;million, respectively, included in Foreign currency translation adjustment in Accumulated other comprehensive loss related to the net investment hedge relationships. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents the effect of AIG&#146;s derivative instruments in fair value hedging relationships on the Consolidated Statement of Income (Loss):</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="24%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="5%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="4%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="5%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="4%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="5%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="4%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Gain (Loss) Recognized<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Gain (Loss)<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Gain (Loss)<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>in Earnings for<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Recognized<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Recognized<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Ineffective Portion&nbsp;and<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>in Earnings on<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>in Earnings on<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Amount&nbsp;Excluded from<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=7><B>Derivative</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=7><B>Hedged Item</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=7><B>Effectiveness Testing</B> </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Three<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Six&nbsp;Months<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Three<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Six&nbsp;Months<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Three<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Six&nbsp;Months<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Months&nbsp;Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Months&nbsp;Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Months&nbsp;Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Ended<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,&nbsp;2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,&nbsp;2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,&nbsp;2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,&nbsp;2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,&nbsp;2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,&nbsp;2009</B> </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Interest rate contracts<I>(a)(b)(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>66 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>(470 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>(93 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>568 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>(38 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>87 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Gains and losses recognized in earnings on derivatives and hedged items are recorded in Interest expense. Gains and losses recognized in earnings on derivatives for the ineffective portion and amounts excluded from effectiveness testing are recorded in Net realized capital losses and Other income, respectively.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Includes $(28)&nbsp;million and $92&nbsp;million, respectively, for the three- and six-month periods ended June&nbsp;30, 2009 related to the ineffective portion and $(10)&nbsp;million and $(5)&nbsp;million, respectively, for the three- and six-month periods ended June&nbsp;30, 2009 for amounts excluded from effectiveness testing.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(c) </I></TD> <TD></TD> <TD vAlign=bottom><I>During the second quarter of 2009, certain cross-currency interest rate swaps previously reported in Foreign exchange contracts were reclassified to Interest rate contracts.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents the effect of AIG&#146;s derivative instruments in cash flow hedging relationships on the Consolidated Statement of Income (Loss):</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="47%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="2%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="2%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="2%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="2%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="2%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="2%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Gains (Losses)<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Gains (Losses)<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Gains (Losses)<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Recognized in OCI<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Reclassified<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Recognized in Earnings<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>on Derivatives<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>from Accumulated<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>on Derivatives for<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=7><B>and Hedged Items</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=7><B>OCI into Earnings<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=7><B>Ineffective Portion</B> </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Three<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Six<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Three<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Six<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Three<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Six<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Months<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Months<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Months<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Months<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Months<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Months<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Ended<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>2009</B> </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=23><B>(In millions)</B> </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Interest rate contracts<I>(b)(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>19 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>72 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>(28 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>(1 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>(1 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>The effective portion of the change in fair value of a derivative qualifying as a cash flow hedge is recorded in Accumulated other comprehensive loss until earnings are affected by the variability of cash flows in the hedged item. At June&nbsp;30, 2009, $88&nbsp;million of the deferred net loss in Accumulated other comprehensive loss is expected to be recognized in earnings during the next 12&nbsp;months.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Gains and losses reclassified from Accumulated other comprehensive loss are recorded in Other income. Gains or losses recognized in earnings on derivatives for the ineffective portion are recorded in Net realized capital losses.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(c) </I></TD> <TD></TD> <TD vAlign=bottom><I>During the second quarter of 2009, certain cross-currency interest rate swaps previously reported in Foreign exchange contracts were reclassified to Interest rate contracts.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Derivatives Not Designated as Hedging Instruments</FONT></U></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents the effect of AIG&#146;s derivative instruments not designated as hedging instruments on the Consolidated Statement of Income (Loss):</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="63%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="15%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="13%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Gains (Losses) Recognized in Earnings<I>(a)</I></B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Three Months Ended<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Six Months Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=6><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Interest rate contracts<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(87 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,339 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Foreign exchange contracts<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,189 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,136 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Equity contracts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>67 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>206 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Commodity contracts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(73 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>72 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Credit contracts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>530 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>267 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other contracts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>559 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>571 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(193 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,319 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Represents gains of $638&nbsp;million and $1,295&nbsp;million, respectively, for the three- and six-month periods ended June&nbsp;30, 2009 recorded in Net realized capital gains, and losses of $831&nbsp;million and gains of $24&nbsp;million, respectively, for the three- and six-month periods ended June&nbsp;30, 2009, recorded in Other income.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>During the second quarter of 2009, certain cross-currency interest rate swaps previously reported in Foreign exchange contracts were reclassified to Interest rate contracts.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">AIGFP Derivatives</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP enters into derivative transactions to mitigate risk in its exposures (interest rates, currencies, commodities, credit and equities) arising from its transactions. In most cases, AIGFP did not hedge its exposures related to the credit default swaps it had written. As a dealer, AIGFP structured and entered into derivative transactions to meet the needs of counterparties who may be seeking to hedge certain aspects of such counterparties&#146; operations or obtain a desired financial exposure. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP&#146;s derivative transactions involving interest rate swap transactions generally involve the exchange of fixed and floating rate interest payment obligations without the exchange of the underlying notional amounts. AIGFP typically became a principal in the exchange of interest payments between the parties and, therefore, is exposed to counterparty credit risk and may be exposed to loss, if counterparties default. Currency, commodity, and equity swaps are similar to interest rate swaps, but involve the exchange of specific currencies or cashflows based on the underlying commodity, equity securities or indices. Also, they may involve the exchange of notional amounts at the beginning and end of the transaction. Swaptions are options where the holder has the right but not the obligation to enter into a swap transaction or cancel an existing swap transaction. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP follows a policy of minimizing interest rate, currency, commodity, and equity risks associated with investment securities by entering into internal offsetting positions, on a security by security basis within its derivatives portfolio, thereby offsetting a significant portion of the unrealized appreciation and depreciation. In addition, to reduce its credit risk, AIGFP has entered into credit derivative transactions with respect to $579&nbsp;million of securities to economically hedge its credit risk. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Futures and forward contracts are contracts that obligate the holder to sell or purchase foreign currencies, commodities or financial indices in which the seller/purchaser agrees to make/take delivery at a specified future date of a specified instrument, at a specified price or yield. Options are contracts that allow the holder of the option to purchase or sell the underlying commodity, currency or index at a specified price and within, or at, a specified period of time. As a writer of options, AIGFP generally receives an option premium and then manages the risk of any unfavorable change in the value of the underlying commodity, currency or index by entering into offsetting transactions with third-party market participants. Risks arise as a result of movements in current market prices from contracted prices, and the potential inability of the counterparties to meet their obligations under the contracts. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">AIGFP Super Senior Credit Default Swaps</FONT></U></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP entered into credit default swap transactions with the intention of earning revenue on credit exposure. In the majority of AIGFP&#146;s credit default swap transactions, AIGFP sold credit protection on a designated portfolio of loans or debt securities. Generally, AIGFP provides such credit protection on a &#147;second loss&#148; basis, meaning that AIGFP would incur credit losses only after a shortfall of principal <FONT style="WHITE-SPACE: nowrap">and/or</FONT> interest, or other credit events, in respect of the protected loans and debt securities, exceeds a specified threshold amount or level of &#147;first losses.&#148; </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Typically, the credit risk associated with a designated portfolio of loans or debt securities has been tranched into different layers of risk, which are then analyzed and rated by the credit rating agencies. At origination, there is usually an equity layer covering the first credit losses in respect of the portfolio up to a specified percentage of the total portfolio, and then successive layers ranging generally from a BBB-rated layer to one or more AAA-rated layers. A significant majority of AIGFP transactions that were rated by rating agencies had risk layers or tranches rated AAA at origination and are immediately junior to the threshold level above which AIGFP&#146;s payment obligation would generally arise. In transactions that were not rated, AIGFP applied equivalent risk criteria for setting the threshold level for its payment obligations. Therefore, the risk layer assumed by AIGFP with respect to the designated portfolio of loans or debt securities in these transactions is often called the &#147;super senior&#148; risk layer, defined as a layer of credit risk senior to one or more risk layers rated AAA by the credit rating agencies, or if the transaction is not rated, structured to the equivalent thereto. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The net notional amount, fair value of derivative liability and unrealized market valuation gain (loss) of the AIGFP super senior credit default swap portfolio, including credit default swaps written on mezzanine tranches of certain regulatory capital relief transactions, by asset class were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="33%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=08 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=08 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=08 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=08 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=09 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=09 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=09 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=09 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>Unrealized Market Valuation<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Fair Value<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=14><B>Gain (Loss)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>of Derivative<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>Net Notional Amount</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>Liability at</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Ended<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>December&nbsp;31,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>June 30,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>December&nbsp;31,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009<I>(a)(b)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009<I>(b)(c)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008<I>(c)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009<I>(d)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008<I>(d)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009<I>(d)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008<I>(d)</I></B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=30><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Regulatory Capital: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Corporate loans </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>83,301</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>125,628 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Prime residential mortgages </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>92,130 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>107,246 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other<I>(e)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,042</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,575 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>47</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>379 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>23</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(125 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(125 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>177,473</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>234,449 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>47</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>379 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>23</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(125 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(125 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Arbitrage: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Multi-sector CDOs<I>(f)(g)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9,151</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>12,556 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,271 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5,906 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(284</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,569 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,093</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13,606 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Corporate debt/CLOs<I>(h)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>40,941</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>50,495 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,104</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,554 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>792 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>126 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,150 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(770 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>50,092</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>63,051 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,375 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,460 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>508 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,443 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>57</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(14,376 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Mezzanine tranches<I>(i)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,501</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,701 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>77</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>195 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>105</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>118</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(171 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>231,066</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>302,201 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>6,499</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>9,034 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>636</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,565 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>184</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(14,672 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Net notional amounts presented are net of all structural subordination below the covered tranches.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>During the second quarter of 2009, AIGFP terminated certain CDS transactions with its counterparties with a net notional amount of $11.4&nbsp;billion, comprised of $1.5&nbsp;billion in Regulatory Capital&nbsp;&#151; Other, $2.8&nbsp;billion in Multi-sector CDOs and $7.1&nbsp;billion in Corporate debt/CLOs. These transactions were terminated at approximately their fair value at the time of the termination. As a result, a $2.4&nbsp;billion loss, which was previously included in the fair value derivative liability as an unrealized market valuation loss, was realized.</I></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(c) </I></TD> <TD></TD> <TD vAlign=bottom><I>Fair value amounts are shown before the effects of counterparty netting adjustments and offsetting cash collateral in accordance with FIN&nbsp;39.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(d) </I></TD> <TD></TD> <TD vAlign=bottom><I>Includes credit valuation adjustment loss of $17&nbsp;million and gain of $44&nbsp;million in the three-month periods ended June&nbsp;30, 2009 and 2008, respectively, and credit valuation adjustment gains of $89&nbsp;million and $109&nbsp;million in the six-month periods ended June&nbsp;30, 2009 and 2008, respectively, representing the effect of changes in AIG&#146;s credit spreads on the valuation of the derivatives liabilities.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(e) </I></TD> <TD></TD> <TD vAlign=bottom><I>During the first six months of 2009, AIGFP reclassified one regulatory capital CDS transaction from Regulatory Capital&nbsp;&#151; Corporate loans to Regulatory Capital&nbsp;&#151; Other, given the higher likelihood that it will not be terminated when the regulatory capital benefit expires for the counterparty.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(f) </I></TD> <TD></TD> <TD vAlign=bottom><I>Includes $6.5&nbsp;billion and $9.7&nbsp;billion in net notional amount of credit default swaps written with cash settlement provisions at June&nbsp;30, 2009 and December&nbsp;31, 2008, respectively.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(g) </I></TD> <TD></TD> <TD vAlign=bottom><I>During the fourth quarter of 2008, AIGFP terminated the majority of the CDS transactions written on multi-sector CDOs in connection with the ML III transaction.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(h) </I></TD> <TD></TD> <TD vAlign=bottom><I>Includes $1.5&nbsp;billion in net notional amount of credit default swaps written on the super senior tranches of CLOs as of both June&nbsp;30, 2009 and December&nbsp;31, 2008.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(i) </I></TD> <TD></TD> <TD vAlign=bottom><I>Net of offsetting purchased CDS of $1.7&nbsp;billion and $2.0&nbsp;billion in net notional amount at June&nbsp;30, 2009 and December&nbsp;31, 2008, respectively.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>All outstanding CDS transactions for regulatory capital purposes and the majority of the arbitrage portfolio have cash-settled structures in respect of a basket of reference obligations, where AIGFP&#146;s payment obligations, other than for posting collateral, may be triggered by payment shortfalls, bankruptcy and certain other events such as write-downs of the value of underlying assets. For the remainder of the CDS transactions in respect of the arbitrage portfolio, AIGFP&#146;s payment obligations are triggered by the occurrence of a credit event under a single reference security, and performance is limited to a single payment by AIGFP in return for physical delivery by the counterparty of the reference security. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The expected weighted average maturity of AIGFP&#146;s super senior credit derivative portfolios as of June&nbsp;30, 2009 was 0.8&nbsp;years for the regulatory capital corporate loan portfolio, 0.7&nbsp;years for the regulatory capital prime residential mortgage portfolio, 6.3&nbsp;years for the regulatory capital other portfolio, 5.6&nbsp;years for the multi-sector CDO arbitrage portfolio and 3.2&nbsp;years for the corporate debt/CLO portfolio. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Regulatory Capital Portfolio</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>A total of $177.5&nbsp;billion in net notional amount of AIGFP&#146;s super senior credit default swap portfolio as of June&nbsp;30, 2009 represented derivatives written for financial institutions, principally in Europe, for the purpose of providing regulatory capital relief rather than for arbitrage purposes. In exchange for a periodic fee, the counterparties receive credit protection with respect to a portfolio of diversified loans they own, thus reducing their minimum capital requirements. These CDS transactions were structured with early termination rights for counterparties allowing them to terminate these transactions at no cost to AIGFP at a certain period of time or upon a regulatory event such as the implementation of the Revised Framework for the International Convergence of Capital Measurement and Capital Standards issued by the Basel Committee on Banking Supervision, or Basel&nbsp;II. During the six-month period ended June&nbsp;30, 2009, $47.3&nbsp;billion in net notional amount was terminated or matured. Through July&nbsp;31, 2009, AIGFP has also received a formal termination notice for an additional $2.8&nbsp;billion in net notional amount with an effective termination date in 2009. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The regulatory capital relief CDS transactions require cash settlement and, other than for collateral posting, AIGFP is required to make a payment in connection with a regulatory capital relief transaction only if realized credit losses in respect of the underlying portfolio exceed AIGFP&#146;s attachment point. </DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>All of the regulatory capital transactions directly or indirectly reference tranched pools of large numbers of whole loans that were originated by the financial institution (or its affiliates) receiving the credit protection, rather than structured securities containing loans originated by other third parties. In the vast majority of transactions, the loans are intended to be retained by the originating financial institution and in all cases the originating financial institution is the purchaser of the CDS, either directly or through an intermediary. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The super senior tranches of these CDS transactions continue to be supported by high levels of subordination, which, in most instances, have increased since origination. The weighted average subordination supporting the European residential mortgage and corporate loan referenced portfolios at June&nbsp;30, 2009 was 13.57&nbsp;percent and 18.63&nbsp;percent, respectively. The highest level of realized losses to date in any single residential mortgage and corporate loan pool was 2.19&nbsp;percent and 0.52&nbsp;percent, respectively. The corporate loan transactions are each comprised of several hundred secured and unsecured loans diversified by industry and, in some instances, by country, and have per-issuer concentration limits. Both types of transactions generally allow some substitution and replenishment of loans, subject to defined constraints, as older loans mature or are prepaid. These replenishment rights generally mature within the first few years of the trade, after which the proceeds of any prepaid or maturing loans are applied first to the super senior tranche (sequentially), thereby increasing the relative level of subordination supporting the balance of AIGFP&#146;s super senior CDS exposure. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Given the current performance of the underlying portfolios, the level of subordination and AIGFP&#146;s own assessment of the credit quality of the underlying portfolio, as well as the risk mitigants inherent in the transaction structures, AIGFP does not expect that it will be required to make payments pursuant to the contractual terms of those transactions providing regulatory relief. Further, AIGFP expects that counterparties will terminate these transactions prior to their maturity. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Arbitrage Portfolio</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>A total of $50.1&nbsp;billion and $63.1&nbsp;billion in net notional amount on AIGFP&#146;s super senior credit default swaps as of June&nbsp;30, 2009 and December&nbsp;31, 2008, respectively, are arbitrage-motivated transactions written on multi-sector CDOs or designated pools of investment grade senior unsecured corporate debt or CLOs. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The outstanding multi-sector CDO CDS portfolio at June&nbsp;30, 2009 was written on CDO transactions that generally held a concentration of RMBS, CMBS and inner CDO securities. At June&nbsp;30, 2009, approximately $4.2&nbsp;billion net notional amount (fair value liability of $2.8&nbsp;billion) of this portfolio was written on super senior multi-sector CDOs that contain some level of <FONT style="WHITE-SPACE: nowrap">sub-prime</FONT> RMBS collateral, with a concentration in the 2005 and earlier vintages of <FONT style="WHITE-SPACE: nowrap">sub-prime</FONT> RMBS. AIGFP&#146;s portfolio also included both high grade and mezzanine CDOs. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The majority of multi-sector CDO CDS transactions require cash settlement and, other than for collateral posting, AIGFP is required to make a payment in connection with such transactions only if realized credit losses in respect of the underlying portfolio exceed AIGFP&#146;s attachment point. In the remainder of the portfolio, AIGFP&#146;s payment obligations are triggered by the occurrence of a credit event under a single reference security, and performance is limited to a single payment by AIGFP in return for physical delivery by the counterparty of the reference security. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Included in the multi-sector CDO portfolio are <FONT style="WHITE-SPACE: nowrap">2a-7</FONT> Puts. Holders of securities are required, in certain circumstances, to tender their securities to the issuer at par. If an issuer&#146;s remarketing agent is unable to resell the securities so tendered, AIGFP must purchase the securities at par so long as the security has not experienced a payment default or certain bankruptcy events with respect to the issuer of such security have not occurred. At both June&nbsp;30, 2009 and December&nbsp;31, 2008, <FONT style="WHITE-SPACE: nowrap">2a-7</FONT> Puts with a net notional amount of $1.7&nbsp;billion were outstanding. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Included in these amounts are $242&nbsp;million in net notional amount subject to <FONT style="WHITE-SPACE: nowrap">2a-7</FONT> Puts that may be exercised in 2009. ML III has agreed for the remainder of 2009 to not sell any multi-sector CDOs in 2009 that are subject to a <FONT style="WHITE-SPACE: nowrap">2a-7</FONT> Put and to either not exercise its put option on such multi-sector CDOs or to simultaneously exercise its par put option with a par purchase of the multi-sector CDO securities. In exchange, AIG Financial Products Corp. agreed to pay to ML&nbsp;III the consideration that it received for providing the put protection. AIG Financial Products Corp. and ML&nbsp;III are working to find a long-term solution for the <FONT style="WHITE-SPACE: nowrap">2a-7</FONT> Put obligations. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The corporate arbitrage portfolio consists principally of CDS transactions written on portfolios of senior unsecured corporate obligations that were generally rated investment grade at inception of the CDS. These CDS transactions require cash settlement. Also, included in this portfolio are CDS transactions with a net notional of $1.5&nbsp;billion written on the senior part of the capital structure of CLOs, which require physical settlement. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Certain of the super senior credit default swaps provide the counterparties with an additional termination right if AIG&#146;s rating level falls to BBB or Baa2. At that level, counterparties to the CDS transactions with a net notional amount of $23.9&nbsp;billion at June&nbsp;30, 2009 have the right to terminate the transactions early. If counterparties exercise this right, the contracts provide for the counterparties to be compensated for the cost to replace the transactions, or an amount reasonably determined in good faith to estimate the losses the counterparties would incur as a result of the termination of the transactions. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Due to long-term maturities of the CDS in the arbitrage portfolio, AIG is unable to make reasonable estimates of the periods during which any payments would be made. However, the net notional amount represents the maximum exposure to loss on the super senior credit default swap portfolio. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Collateral</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Most of AIGFP&#146;s super senior credit default swaps are subject to collateral posting provisions, which typically are governed by International Swaps and Derivatives Association, Inc. (ISDA) Master Agreements (Master Agreements) and related Credit Support Annexes (CSA). These provisions differ among counterparties and asset classes. AIGFP has received collateral calls from counterparties in respect of certain super senior credit default swaps, of which a large majority relate to multi-sector CDOs. To a lesser extent, AIGFP has also received collateral calls in respect of certain super senior credit default swaps entered into by counterparties for regulatory capital relief purposes and in respect of corporate arbitrage. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The amount of future collateral posting requirements is a function of AIG&#146;s credit ratings, the rating of the reference obligations and any further decline in the market value of the relevant reference obligations, with the latter being the most significant factor. While a high level of correlation exists between the amount of collateral posted and the valuation of these contracts in respect of the arbitrage portfolio, a similar relationship does not exist with respect to the regulatory capital portfolio given the nature of how the amount of collateral for these transactions is determined. Given the severe market disruption, lack of observable data and the uncertainty regarding the potential effects on market prices of measures recently undertaken by the federal government to address the credit market disruption, AIGFP is unable to reasonably estimate the amounts of collateral that it may be required to post in the future. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At June&nbsp;30, 2009 and December&nbsp;31, 2008, the amount of collateral postings with respect to AIGFP&#146;s super senior credit default swap portfolio (prior to offsets for other transactions) was $6.3&nbsp;billion and $8.8&nbsp;billion, respectively. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">AIGFP Written Single Name Credit Default Swaps</FONT></U></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP has also entered into credit default swap contracts referencing single-name exposures written on corporate, index, and asset-backed credits, with the intention of earning spread income on credit exposure. Some of these transactions were entered into as part of a long short strategy allowing AIGFP to earn the net spread between CDS they wrote and ones they purchased. At June&nbsp;30, 2009, the net notional amount of these written CDS contracts was $4.4&nbsp;billion, with an average credit rating of BBB. AIGFP has hedged these exposures by purchasing offsetting CDS contracts of $1.4&nbsp;billion in net notional amount with identical reference obligations. The net unhedged position of approximately $3.0&nbsp;billion represents the maximum exposure to loss on these CDS contracts. The average maturity of the written CDS contracts is 4.8&nbsp;years. At June&nbsp;30, 2009, the fair value of derivative liability (which represents the carrying value) of the portfolio of CDS was $1.1&nbsp;billion. </DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Upon a triggering event (e.g., a default) with respect to the underlying credit, AIGFP would normally have the option to settle the position through an auction process (cash settle) or pay the notional amount of the contract to the counterparty in exchange for a bond issued by the underlying credit obligor (physical settle). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP wrote these written CDS contracts under Master Agreements. The majority of these Master Agreements include Credit Support Annexes, which provide for collateral postings at various ratings and threshold levels. At June&nbsp;30, 2009, AIGFP had posted $1.0&nbsp;billion of collateral under these contracts. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Non-AIGFP Derivatives</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG and its subsidiaries (other than AIGFP) also use derivatives and other instruments as part of their financial risk management programs. Interest rate derivatives (such as interest rate swaps) are used to manage interest rate risk associated with investments in fixed income securities, commercial paper issuances, medium- and long-term note offerings, and other interest rate sensitive assets and liabilities. In addition, foreign exchange derivatives (principally cross currency swaps, forwards and options) are used to economically mitigate risk associated with <FONT style="WHITE-SPACE: nowrap">non-U.S.</FONT> dollar denominated debt, net capital exposures and foreign exchange transactions. The derivatives are effective economic hedges of the exposures they are meant to offset. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In addition to hedging activities, AIG also uses derivative instruments with respect to investment operations, which include, among other things, credit default swaps, and purchasing investments with embedded derivatives, such as equity linked notes and convertible bonds. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Matched Investment Program Written Credit Default Swaps</FONT></U></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The MIP has entered into CDS contracts as a writer of protection, with the intention of earning spread income on credit exposure in an unfunded form. The portfolio of CDS contracts were single-name exposures and, at inception, were predominantly high grade corporate credits. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The MIP invested in written CDS contracts through an affiliate which then transacts directly with unaffiliated third parties under ISDA agreements. As of June&nbsp;30, 2009, the notional amount of written CDS contracts was $4.1&nbsp;billion with an average credit rating of BBB+. The average maturity of the written CDS contracts is 2.9&nbsp;years as of June&nbsp;30, 2009. As of June&nbsp;30, 2009, the fair value of the derivative liability (which represents the carrying value) of the MIP&#146;s written CDS was $(127.8)&nbsp;million. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The majority of the ISDA agreements include credit support annex provisions, which provide for collateral postings at various ratings and threshold levels. At June&nbsp;30, 2009, $55.3&nbsp;million of collateral was posted for CDS contracts related to the MIP. The notional amount represents the maximum exposure to loss on the written CDS contracts. However, due to the average investment grade rating and expected default recovery rates, actual losses are expected to be less. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Upon a triggering event (e.g., a default) with respect to the underlying credit, the MIP would normally have the option to settle the position through an auction process (cash settlement) or pay the notional amount of the contract to the counterparty in exchange for a bond issued by the underlying credit (physical settlement). </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Credit Risk-Related Contingent Features</FONT></U></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG holds certain credit risk-related contingent features with various counterparties in relation to its derivative transactions that are in a net liability position at June&nbsp;30, 2009. These features are predominantly limited to additional collateral posting requirements contingent upon downgrade of AIG&#146;s credit rating. In addition, AIG attempts to reduce credit risk with certain counterparties by entering into agreements that enable collateral to be obtained from a counterparty on an upfront or contingent basis. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The aggregate fair value of AIG&#146;s derivative instruments, including those of AIGFP, that contain credit risk-related contingent features that are in a net liability position at June&nbsp;30, 2009 was approximately $16.7&nbsp;billion. The aggregate fair value of assets posted as collateral at June&nbsp;30, 2009, was $17.1&nbsp;billion. See Note&nbsp;4 to the Consolidated Financial Statements herein. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>It is estimated that as of the close of business on June&nbsp;30, 2009, based on AIG&#146;s outstanding financial derivative transactions, including those of AIGFP at that date, a one-notch downgrade of AIG&#146;s long-term senior debt ratings to Baa1 by Moody&#146;s Investors Service (Moody&#146;s) and BBB+ by Standard&nbsp;&amp; Poor&#146;s, a division of The McGraw-Hill Companies, Inc. (S&amp;P), would permit counterparties to make additional collateral calls and permit the counterparties to elect early termination of contracts, resulting in up to approximately $2.9&nbsp;billion of corresponding collateral postings and termination payments, a two-notch downgrade to Baa2 by Moody&#146;s and BBB by S&amp;P would result in approximately $2.2&nbsp;billion in additional collateral postings and termination payments, and a three-notch downgrade to Baa3 by Moody&#146;s and BBB- by S&amp;P would result in approximately $1.3&nbsp;billion in additional collateral and termination payments. The actual termination payments could significantly differ from management&#146;s estimates given the level of uncertainty in estimating both the number of counterparties who may elect to exercise their right to terminate and the payment that may be triggered in connection with any such exercise. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>See Note&nbsp;10 to the Consolidated Financial Statements in the 2008 Financial Statements for additional information on derivatives. </DIV></BODY></HTML> <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 274px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=274 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">10.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Commitments, Contingencies and Guarantees</FONT></B> </TD></TR></TBODY></TABLE><!-- XBRL,body --> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: Arial, Helvetica" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="96%"></TD></TR> <TR vAlign=top> <TD><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">(a)&nbsp;&nbsp;</FONT></I></B> </TD> <TD><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Litigation and Investigations</FONT></I></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Litigation Arising from Operations.</I>&nbsp;&nbsp;AIG and its subsidiaries, in common with the insurance and financial services industries in general, are subject to litigation, including claims for punitive damages, in the normal course of their business. In AIG&#146;s insurance operations, litigation arising from claims settlement activities is generally considered in the establishment of AIG&#146;s liability for unpaid claims and claims adjustment expense. However, the potential for increasing jury awards and settlements makes it difficult to assess the ultimate outcome of such litigation. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Various federal, state and foreign regulatory and governmental agencies are reviewing certain public disclosures, transactions and practices of AIG and its subsidiaries in connection with AIG&#146;s liquidity problems and industry-wide and other inquiries including matters relating to compensation paid to AIGFP employees and payments made to AIGFP counterparties. These reviews include ongoing investigations by the U.S.&nbsp;Securities and Exchange Commission (SEC) and U.S.&nbsp;Department of Justice (DOJ) with respect to the valuation of AIGFP&#146;s multi-sector CDO super senior credit default swap portfolio under fair value accounting rules and disclosures relating thereto, and by the U.K. Serious Fraud Office with respect to the U.K. operations of AIGFP. AIG has cooperated, and will continue to cooperate, in producing documents and other information in response to subpoenas and other requests. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In connection with certain SEC investigations, AIG understands that some of its employees have received Wells notices and it is possible that additional current and former employees could receive similar notices in the future. Under SEC procedures, a Wells notice is an indication that the SEC staff has made a preliminary decision to recommend enforcement action that provides recipients with an opportunity to respond to the SEC staff before a formal recommendation is finalized. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Although AIG cannot currently quantify its ultimate liability for the unresolved litigation and investigation matters referred to below, it is possible that such liability could have a material adverse effect on AIG&#146;s consolidated financial condition, or its consolidated results of operations or consolidated cash flow for an individual reporting period. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Litigation Relating to AIG&#146;s Subprime Exposure and AIGFP&#146;s Employee Retention Plan</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Securities Actions&nbsp;&#151; Southern District of New York.</I>&nbsp;&nbsp;Between May&nbsp;21, 2008 and January&nbsp;15, 2009, eight purported securities class action complaints were filed against AIG and certain of its current and former officers and directors, AIG&#146;s outside auditors, and the underwriters of various securities offerings in the United States District Court for the Southern District of New York (the Southern District of New York), alleging claims under the Exchange Act or claims under the Securities Act of 1933 (the Securities Act). On March&nbsp;20, 2009, the Court consolidated all eight of the purported securities class actions as In re American International Group, Inc. 2008 Securities Litigation (the Consolidated 2008 Securities Litigation) and appointed the State of Michigan Retirement Systems as lead plaintiff. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On May&nbsp;19, 2009, lead plaintiff in the Consolidated 2008 Securities Litigation filed a consolidated complaint on behalf of purchasers of AIG stock during the alleged class period of March&nbsp;16, 2006 through September&nbsp;16, 2008, and on behalf of purchasers of various AIG securities offered pursuant to three shelf registration statements filed on June&nbsp;12, 2003, June&nbsp;12, 2007, and May&nbsp;12, 2008. The consolidated complaint alleges that defendants made statements during the class period in press releases, AIG&#146;s quarterly and year-end filings, during conference calls and in various registration statements and prospectuses in connection with the various offerings that were materially false and misleading and that artificially inflated the price of AIG&#146;s stock. The alleged false and misleading statements relate to, among other things, unrealized market valuation losses on AIGFP&#146;s super senior credit default swap portfolio as a result of severe credit market disruption and AIG&#146;s securities lending program. The consolidated complaint alleges violations of Sections&nbsp;10(b) and 20(a) of the Exchange Act and Sections&nbsp;11, 12(a)(2), and 15 of the Securities Act. On August&nbsp;5, 2009, defendants filed motions to dismiss the consolidated complaint. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On February&nbsp;27, 2009, AIG&#146;s former Chairman and Chief Executive Officer, Maurice R. Greenberg, filed a securities action in the Southern District of New York against AIG and certain of its current and former officers and directors, asserting violations of Sections&nbsp;10(b) and 20(a) of the Exchange Act and a state common law fraud claim with respect to his alleged election in December 2007 to receive certain AIG shares from a deferred compensation program, and based generally on the same allegations as in the securities class actions described above. On May&nbsp;19, 2009, plaintiff Greenberg filed an amended complaint. The amended complaint in the Greenberg litigation asserts the same claims and is based generally on the same factual allegations as the original complaint. On August&nbsp;5, 2009, defendants filed motions to dismiss the amended complaint. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>ERISA Actions&nbsp;&#151; Southern District of New York.</I>&nbsp;&nbsp;Between June&nbsp;25, 2008, and November&nbsp;25, 2008, AIG, certain of its executive officers and directors, and members of AIG&#146;s Retirement Board and Investment Committee were named as defendants in eight purported class action complaints asserting claims on behalf of participants in certain pension plans sponsored by AIG or its subsidiaries. On March&nbsp;19, 2009, the Court consolidated these eight actions as In re American International Group, Inc. ERISA Litigation II, and appointed interim lead plaintiffs&#146; counsel. On June&nbsp;26, 2009, lead plaintiffs&#146; counsel filed a consolidated amended complaint. The action purports to be brought as a class action under the Employee Retirement Income Security Act of 1974, as amended (ERISA), on behalf of all participants in or beneficiaries of the AIG Incentive Savings Plan, American General Agents&#146; and Managers&#146; Plan, and the CommoLoCo Plan (the Plans) during the period June&nbsp;15, 2007 through the present and whose participant accounts included shares of AIG&#146;s common stock. In the consolidated amended complaint, plaintiffs allege, among other things, that the defendants breached their fiduciary responsibilities to Plan participants and their beneficiaries under ERISA, by continuing to offer the AIG Stock Fund as an investment option in the Plans after it allegedly became imprudent to do so. The alleged ERISA violations relate to, among other things, the defendants&#146; purported failure to monitor <FONT style="WHITE-SPACE: nowrap">and/or</FONT> disclose unrealized market valuation losses on AIGFP&#146;s super senior credit default swap portfolio as a result of severe credit market disruption. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Derivative Action&nbsp;&#151; Southern District of New York.</I>&nbsp;&nbsp;On November&nbsp;20, 2007, two purported shareholder derivative actions were filed in the Southern District of New York naming as defendants the then current directors of AIG and certain senior officers of AIG and its subsidiaries. The actions were consolidated as In re American International Group, Inc. 2007 Derivative Litigation (the Consolidated 2007 Derivative Litigation). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On August&nbsp;6, 2008, a purported shareholder derivative action was filed in the Southern District of New York asserting claims on behalf of AIG based generally on the same allegations as in the consolidated amended complaint in the Consolidated 2007 Derivative Litigation. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On February&nbsp;11, 2009, the Court approved a stipulation consolidating the derivative litigation filed on August&nbsp;6, 2008 with the Consolidated 2007 Derivative Litigation, and appointing the Louisiana Municipal Police Employees&#146; Retirement System as lead plaintiff. On June&nbsp;3, 2009, lead plaintiffs filed a consolidated amended complaint asserting claims on behalf of nominal defendant AIG for breach of fiduciary duty, waste of corporate assets, unjust enrichment, contribution and violations of Sections&nbsp;10(b) and 20(a) of the Exchange Act. The factual allegations are generally the same as those alleged in the Consolidated 2008 Securities Litigation. On August&nbsp;5, 2009, defendants filed motions to dismiss the consolidated complaint. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Derivative and Class&nbsp;Action&nbsp;&#151; Central District of California.</I>&nbsp;&nbsp;On March&nbsp;26, 2009, a purported derivative and class action complaint was filed in the United States District Court for the Central District of California purporting to assert claims on behalf of nominal defendant AIG and its shareholders against certain current and former officers and directors of AIG. The claims relate to losses suffered by AIG and its shareholders as a result of AIG&#146;s alleged exposure to risks related to the subprime mortgage market in its credit default swap portfolio, and to AIGFP employee retention arrangements. Plaintiffs also allege that defendants misrepresented and omitted material facts during the alleged class period, December&nbsp;8, 2000 to the present, relating to AIG&#146;s consolidated financial condition regarding the true size and scope and the nature of AIG&#146;s exposure to risk. The complaint alleges claims for breach of fiduciary duty, gross mismanagement, waste of corporate assets, unjust enrichment and violations of Section&nbsp;14(e) of the Exchange Act of 1934. On May&nbsp;15, 2009, defendants moved to stay, dismiss or transfer the action. On June&nbsp;5, 2009, the Court granted the motion and ordered the action transferred to the Southern District of New York for consolidation with the consolidated federal actions. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Derivative Action&nbsp;&#151; Supreme Court of New York, Nassau County.</I>&nbsp;&nbsp;On February&nbsp;29, 2008, a purported shareholder derivative complaint was filed in the Supreme Court of Nassau County naming as defendants the then-current directors of AIG and certain former and present senior officers of AIG and its subsidiaries. Plaintiff asserts claims for breach of fiduciary duty, waste of corporate assets, and unjust enrichment in connection with AIG&#146;s public disclosures regarding its exposure to what the complaint describes as the subprime mortgage market. On May&nbsp;19, 2008, defendants filed a motion to dismiss or to stay the proceedings in light of the pending Consolidated 2007 Derivative Litigation. On March&nbsp;9, 2009, the Court granted defendants&#146; motion to stay the action. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Derivative Action&nbsp;&#151; Supreme Court of New York, New York County.</I>&nbsp;&nbsp;On March&nbsp;20, 2009, a purported shareholder derivative complaint was filed in the Supreme Court of New York County naming as defendants certain of the current directors of AIG and the recipients of payments under the AIGFP Employee Retention Plan. Plaintiffs assert claims on behalf of nominal defendant AIG for breach of fiduciary duty and waste of corporate assets against the directors, and for rescission and constructive trust against the recipients of payments under the AIGFP Employee Retention Plan. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Derivative Actions&nbsp;&#151; Delaware Court of Chancery.</I>&nbsp;&nbsp;On September&nbsp;17, 2008, a purported shareholder derivative complaint was filed in the Court of Chancery of Delaware naming as defendants certain former and present directors and senior officers of AIG and its subsidiaries. Plaintiff asserts claims on behalf of nominal defendant AIG for breach of fiduciary duty, waste of corporate assets, and mismanagement in connection with AIG&#146;s public disclosures regarding its exposure to the subprime lending market. On December&nbsp;19, 2008, a motion to stay or dismiss the action was filed on behalf of defendants. On July&nbsp;17, 2009, the Court granted defendants&#146; motion to stay the action. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On January&nbsp;15, 2009, a purported shareholder derivative complaint was filed in the Court of Chancery of Delaware naming as defendants certain former and present directors of AIG and Joseph Cassano, the former Chief Executive Officer of AIGFP, and asserting claims on behalf of nominal defendant AIGFP. As sole shareholder of AIGFP, AIG was also named as a nominal defendant. Plaintiff asserts claims against Joseph Cassano for breach of fiduciary duty and unjust enrichment. The complaint alleges that Cassano was responsible for losses suffered by AIGFP related to its exposure to subprime-backed credit default swaps and collateralized debt obligations and that he concealed these losses for his own benefit. On July&nbsp;17, 2009, plaintiff filed an amended complaint that asserts the same claims and is based generally on the same factual allegations as the original complaint. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Derivative Action&nbsp;&#151; Superior Court for the State of California, Los Angeles County.</I>&nbsp;&nbsp;On April&nbsp;1, 2009, a purported shareholder derivative complaint was filed in the Superior Court for the State of California, Los Angeles County, asserting claims on behalf of nominal defendant AIG against certain officers and directors of AIG. The complaint asserts claims for waste of corporate assets, breach of fiduciary duty, abuse of control, and unjust enrichment and constructive trust in connection with defendants&#146; approval of bonuses and retention payments. On May&nbsp;29, 2009, Defendants moved to stay or dismiss the case in favor of the Consolidated 2007 Derivative Litigation and to quash service of summons due to lack of personal jurisdiction over certain individual defendants. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Action by the Starr Foundation&nbsp;&#151; Supreme Court of New York.</I>&nbsp;&nbsp;On May&nbsp;7, 2008, the Starr Foundation filed a complaint in New York State Supreme Court against AIG, AIG&#146;s former Chief Executive Officer, Martin Sullivan, and AIG&#146;s then Chief Financial Officer, Steven Bensinger, asserting a claim for common law fraud. The complaint alleges that the defendants made materially misleading statements and omissions concerning alleged multi-billion dollar losses in AIG&#146;s portfolio of credit default swaps. The complaint asserts that if the Starr Foundation had known the truth about the alleged losses, it would have sold its remaining shares of AIG Common Stock and alleges that the Starr Foundation has suffered damages of at least $300&nbsp;million. On May&nbsp;30, 2008, a motion to dismiss the complaint was filed on behalf of defendants. After a hearing, the complaint was dismissed. On December&nbsp;23, 2008, plaintiff filed a notice of appeal and a decision on the appeal is pending. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Canadian Securities Class&nbsp;Action&nbsp;&#151; Ontario Superior Court of Justice.</I>&nbsp;&nbsp;On November&nbsp;13, 2008, an application was filed in the Ontario Superior Court of Justice for leave to bring a purported securities fraud class action against AIG, AIGFP, certain of AIG&#146;s current and former officers and directors, and the former Chief Executive Officer of AIGFP. If the Court grants the application, a class plaintiff will be permitted to file a statement of claim against AIG. The proposed statement of claim would assert a class period of November&nbsp;10, 2006 through September&nbsp;16, 2008, and would allege that during this period defendants made false and misleading statements and omissions in quarterly and annual reports and during oral presentations in violation of the Ontario Securities Act. On April&nbsp;17, 2009, defendants filed a motion record in support of their motion to stay or dismiss for lack of jurisdiction and forum non conveniens. Plaintiffs are opposing that motion. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Panama Action&nbsp;&#151; Tribunal del Circuito Civil, Panama City, Panama.</I>&nbsp;&nbsp;On February&nbsp;26, 2009, Starr International Company, Inc. (SICO) sought permission to file a complaint in Panamanian court against AIG. In the complaint, SICO alleges that AIG intentionally concealed from its shareholders, including SICO, its unstable financial situation and risk of losses, which ultimately resulted in losses to the value of SICO&#146;s shares of AIG Common Stock. AIG has not yet appeared in the action. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">2006 Regulatory Settlements and Related Matters</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>2006 Regulatory Settlements.</I>&nbsp;&nbsp;In February 2006, AIG reached a resolution of claims and matters under investigation with the DOJ, the SEC, the Office of the New York Attorney General (NYAG) and the New York State Department of Insurance (DOI). AIG recorded an after-tax charge of $1.15&nbsp;billion relating to these settlements in the fourth quarter of 2005. The settlements resolved investigations conducted by the SEC, NYAG and DOI in connection with the accounting, financial reporting and insurance brokerage practices of AIG and its subsidiaries, as well as claims relating to the underpayment of certain workers&#146; compensation premium taxes and other assessments. These settlements did not, however, resolve investigations by regulators from other states into insurance brokerage practices related to contingent commissions and other broker-related conduct, such as alleged bid rigging. Nor did the settlements resolve any obligations that AIG may have to state guarantee funds in connection with any of these matters. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>As a result of these settlements, AIG made payments or placed amounts in escrow in 2006 totaling approximately $1.64&nbsp;billion, $225&nbsp;million of which represented fines and penalties. Amounts held in escrow totaling approximately $339&nbsp;million, including interest thereon, are included in other assets at June&nbsp;30, 2009. At that date, all of the funds were escrowed for settlement of claims resulting from the underpayment by AIG of its residual market assessments for workers&#146; compensation. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In addition to the escrowed funds, $800&nbsp;million was deposited into a fund under the supervision of the SEC as part of the settlements to be available to resolve claims asserted against AIG by investors, including the securities class action shareholder lawsuits described below. On April&nbsp;14, 2008, the court overseeing the Fair Fund approved a plan for distribution of monies in the fund, and on May&nbsp;18, 2009 ordered that the Distribution Agent was authorized to commence distribution of Fair Fund monies to approved eligible claimants. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Also, as part of the settlements, AIG agreed to retain, for a period of three years, an independent consultant to conduct a review that included, among other things, the adequacy of AIG&#146;s internal control over financial reporting, the policies, procedures and effectiveness of AIG&#146;s regulatory, compliance and legal functions and the remediation plan that AIG has implemented as a result of its own internal review. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Other Regulatory Settlements.</I>&nbsp;&nbsp;AIG&#146;s 2006 regulatory settlements with the SEC, DOJ, NYAG and DOI did not resolve investigations by regulators from other states into insurance brokerage practices. AIG entered into agreements effective January&nbsp;29, 2008 with the Attorneys General of the States of Florida, Hawaii, Maryland, Michigan, Oregon, Texas and West Virginia; the Commonwealths of Massachusetts and Pennsylvania; and the District of Columbia; as well as the Florida Department of Financial Services and the Florida Office of Insurance Regulation, relating to their respective industry-wide investigations into producer compensation and insurance placement practices. The settlements call for total payments of $12.5&nbsp;million to be allocated among the ten jurisdictions representing restitution to state agencies and reimbursement of the costs of the investigation. During the term of the settlement agreements, AIG will continue to maintain certain producer compensation disclosure and ongoing compliance initiatives. AIG will also continue to cooperate with the industry-wide investigations. The agreement with the Texas Attorney General also settles allegations of anticompetitive conduct relating to AIG&#146;s relationship with Allied World Assurance Company and includes an additional settlement payment of $500,000 related thereto. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG entered into an agreement effective March&nbsp;13, 2008 with the Pennsylvania Insurance Department relating to the Department&#146;s investigation into the affairs of AIG and certain of its Pennsylvania-domiciled insurance company subsidiaries. The settlement calls for total payments of approximately $13.5&nbsp;million, of which approximately $4.4&nbsp;million was paid under previous settlement agreements. During the term of the settlement agreement, AIG will provide annual reinsurance reports, as well as maintain certain producer compensation disclosure and ongoing compliance initiatives. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>NAIC Examination of Workers&#146; Compensation Premium Reporting.</I>&nbsp;&nbsp;During 2006, the Settlement Review Working Group of the National Association of Insurance Commissioners (NAIC), under the direction of the states of Indiana, Minnesota and Rhode Island, began an investigation into AIG&#146;s reporting of workers&#146; compensation premiums. In late 2007, the Settlement Review Working Group recommended that a multi-state targeted market conduct examination focusing on workers&#146; compensation insurance be commenced under the direction of the NAIC&#146;s Market Analysis Working Group. AIG was informed of the multi-state targeted market conduct examination in January 2008. The lead states in the multi-state examination are Delaware, Florida, Indiana, Massachusetts, Minnesota, New York, Pennsylvania, and Rhode Island. All other states (and the District of Columbia) have agreed to participate in the multi-state examination. To date, the examination has focused on legacy issues related to AIG&#146;s writing and reporting of workers&#146; compensation insurance prior to 1996. AIG has also been advised that the examination will focus on current compliance with legal requirements applicable to such business. AIG has been advised by the lead states that to date no determinations have been made with respect to these issues, and AIG cannot predict either the outcome of the investigation or provide any assurance regarding regulatory action that may result from the investigation. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Securities Action&nbsp;&#151; Southern District of New York.</I>&nbsp;&nbsp;Beginning in October 2004, a number of putative securities fraud class action suits were filed in the Southern District of New York against AIG and consolidated as In re American International Group, Inc. Securities Litigation. Subsequently, a separate, though similar, securities fraud action was also brought against AIG by certain Florida pension funds. The lead plaintiff in the class action is a group of public retirement systems and pension funds benefiting Ohio state employees, suing on behalf of themselves and all purchasers of AIG&#146;s publicly traded securities between October&nbsp;28, 1999 and April&nbsp;1, 2005. The named defendants are AIG and a number of present and former AIG officers and directors, as well as Starr, SICO, General Reinsurance Corporation (General Re), and PricewaterhouseCoopers LLP (PwC), among others. The lead plaintiff alleges, among other things, that AIG: (1)&nbsp;concealed that it engaged in anti-competitive conduct through alleged payment of contingent commissions to brokers and participation in illegal bid-rigging; (2)&nbsp;concealed that it used &#147;income smoothing&#148; products and other techniques to inflate its earnings; (3)&nbsp;concealed that it marketed and sold &#147;income smoothing&#148; insurance products to other companies; and (4)&nbsp;misled investors about the scope of government investigations. In addition, the lead plaintiff alleges that AIG&#146;s former Chief Executive Officer, Maurice R. Greenberg, manipulated AIG&#146;s stock price. The lead plaintiff asserts claims for violations of Sections&nbsp;11 and 15 of the Securities Act of 1933, Section&nbsp;10(b) of the Exchange Act and <FONT style="WHITE-SPACE: nowrap">Rule&nbsp;10b-5</FONT> promulgated thereunder, Section&nbsp;20(a) of the Exchange Act, and Section&nbsp;20A of the Exchange Act. In April 2006, the court denied the defendants&#146; motions to dismiss the second amended class action complaint and the Florida complaint. In December 2006, a third amended class action complaint was filed, which does not differ substantially from the prior complaint. Fact discovery is currently ongoing. On February&nbsp;20, 2008, the lead plaintiff filed a motion for class certification. The motion remains pending. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Derivative Action&nbsp;&#151; Southern District of New York.</I>&nbsp;&nbsp;Between October&nbsp;25, 2004 and July&nbsp;14, 2005, seven separate derivative actions were filed in the Southern District of New York, five of which were consolidated into a single action (the New York 2004/2005 Derivative Litigation). The complaint in this action contains nearly the same types of allegations made in the securities fraud action described above. The named defendants include current and former officers and directors of AIG, as well as Marsh&nbsp;&amp; McLennan Companies, Inc. (Marsh), SICO, Starr, ACE Limited and subsidiaries (Ace), General Re, PwC, and certain employees or officers of these entity defendants. Plaintiffs assert claims for breach of fiduciary duty, gross mismanagement, waste of corporate assets, unjust enrichment, insider selling, auditor breach of contract, auditor professional negligence and disgorgement from AIG&#146;s former Chief Executive Officer, Maurice R. Greenberg, and former Chief Financial Officer, Howard I. Smith, of incentive-based compensation and AIG share proceeds under Section&nbsp;304 of the Sarbanes-Oxley Act, among others. Plaintiffs seek, among other things, compensatory damages, corporate governance reforms, and a voiding of the election of certain AIG directors. AIG&#146;s Board of Directors has appointed a special committee of independent directors (Special Committee) to review the matters asserted in the operative consolidated derivative complaint. The court has entered an order staying this action pending resolution of the Delaware 2004/2005 Derivative Litigation discussed below. The court also has entered an order that termination of certain named defendants from the Delaware action applies to this action without further order of the court. On February&nbsp;26, 2009, the Court dismissed those AIG officer and director defendants against whom the shareholder plaintiffs in the Delaware action had not pursued claims. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Derivative Actions&nbsp;&#151; Delaware Chancery Court.</I>&nbsp;&nbsp;From October 2004 to April 2005, AIG shareholders filed five derivative complaints in the Delaware Chancery Court. All of these derivative lawsuits were consolidated into a single action as In re American International Group, Inc. Consolidated Derivative Litigation (the Delaware <FONT style="WHITE-SPACE: nowrap">2004/2005</FONT> Derivative Litigation). The amended consolidated complaint named 43 defendants (not including nominal defendant AIG) who, as in the New York 2004/2005 Derivative Litigation, were current and former officers and directors of AIG, as well as other entities and certain of their current and former employees and directors. The factual allegations, legal claims and relief sought in this action are similar to those alleged in the New York <FONT style="WHITE-SPACE: nowrap">2004/2005</FONT> Derivative Litigation, except that the claims are only under state law. In early 2007, the court approved an agreement that AIG be realigned as plaintiff, and, on June&nbsp;13, 2007, acting on the direction of the Special Committee, AIG filed an amended complaint against former directors and officers Maurice R. Greenberg and Howard I. Smith, alleging breach of fiduciary duty and indemnification. Also on June&nbsp;13, 2007, the Special Committee filed a motion to terminate the litigation as to certain defendants, while taking no action as to others. Defendants Greenberg and Smith filed answers to AIG&#146;s complaint and brought third-party complaints against certain current and former AIG directors and officers, PwC and Regulatory Insurance Services, Inc. On September&nbsp;28, 2007, AIG and the shareholder plaintiffs filed a combined amended complaint in which AIG continued to assert claims against defendants Greenberg and Smith and took no position as to the claims asserted by the shareholder plaintiffs in the remainder of the combined amended complaint. In that pleading, the shareholder plaintiffs are no longer pursuing claims against certain AIG officers and directors. On February&nbsp;12, 2008, the court granted AIG&#146;s motion to stay discovery pending the resolution of claims against AIG in the New York consolidated securities action. On April&nbsp;11, 2008, the shareholder plaintiffs filed the First Amended Combined Complaint, which added claims against former AIG directors and officers Maurice Greenberg, Edward Matthews, and Thomas Tizzio for breach of fiduciary duty based on alleged bid-rigging in the municipal derivatives market. On June&nbsp;13, 2008, certain defendants filed motions to dismiss the shareholder plaintiffs&#146; portions of the complaint. On February&nbsp;11, 2009, the court denied the motions to dismiss filed by Maurice Greenberg, Edward Matthews, and Thomas Tizzio; granted the motion to dismiss filed by PwC without prejudice; and granted the motion to dismiss filed by certain former employees of AIG without prejudice for lack of personal jurisdiction. The motions to dismiss filed by the remaining parties are pending. On March&nbsp;6, 2009, the Court granted an Order of Dismissal, Notice and Order of Voluntary Dismissal and Stipulation and Order of Dismissal to dismiss those individual defendants who were similarly situated to the individuals dismissed by the Court for lack of personal jurisdiction. On March&nbsp;12, 2009, Defendant Greenberg filed his verified answer to AIG&#146;s complaint; cross-claims against Marsh, Ace, General Re, and Thomas Tizzio; and a third-party complaint against certain current and former AIG directors and officers, as well as INS Regulatory Insurance Services, Inc. Defendant Smith has also filed his answer to AIG&#146;s complaint, which was amended on July&nbsp;9, 2009 to add cross-claims against Thomas Tizzio and third-party claims against certain current and former AIG directors and officers, as well as INS Regulatory Insurance Services, Inc. On June&nbsp;17, 2009, the Court issued an opinion granting the motions to dismiss filed by General Re, Marsh, ACE, and Susan Rivera. On July&nbsp;13, 2009 and July&nbsp;17, 2009, the Court entered final judgments in favor of PwC, General Re, Marsh, ACE, and Rivera. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG was also named as a defendant in a derivative action in the Delaware Chancery Court brought by shareholders of Marsh. On July&nbsp;10, 2008, shareholder plaintiffs filed a second consolidated amended complaint, which contains claims against AIG for aiding and abetting a breach of fiduciary duty and contribution and indemnification in connection with alleged bid-rigging and steering practices in the commercial insurance market that are the subject of the Policyholder Antitrust and Racketeering Influenced and Corrupt Organizations Act (RICO) Actions described below. On November&nbsp;10, 2008, AIG and certain defendants filed motions to dismiss the shareholder plaintiffs&#146; portions of the complaint. On June&nbsp;17, 2009, the Court dismissed the claims against AIG, Maurice R. Greenberg, and Zachary Carter with prejudice and denied the motions to dismiss filed by the remaining defendants. Final judgment was entered on June&nbsp;19, 2009. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Derivative Action&nbsp;&#151; Supreme Court of New York.</I>&nbsp;&nbsp;On February&nbsp;11, 2009, shareholder plaintiffs in the Delaware <FONT style="WHITE-SPACE: nowrap">2004/2005</FONT> Derivative Litigation filed a derivative complaint in the Supreme Court of New York against the individual defendants who moved to dismiss the complaint in the Delaware <FONT style="WHITE-SPACE: nowrap">2004/2005</FONT> Derivative Litigation on personal jurisdiction grounds. The defendants include current and former officers and employees of AIG, Marsh, and General Re; AIG is named as a nominal defendant. The complaint in this action contains similar allegations to those made in the Delaware <FONT style="WHITE-SPACE: nowrap">2004/2005</FONT> Derivative Litigation described above. Discovery in this action is stayed pending the resolution of the claims against AIG in the securities actions described above under Securities Actions&nbsp;&#151; Southern District of New York. Defendants filed motions to dismiss the complaint on May&nbsp;1, and the shareholder plaintiffs have reached an agreement staying discovery as well as any motions to dismiss with the General Re and Marsh defendants pending final adjudication of any claims against those parties in the Delaware <FONT style="WHITE-SPACE: nowrap">2004/2005</FONT> Derivative Litigation. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Policyholder Antitrust and RICO Actions.</I>&nbsp;&nbsp;Commencing in 2004, policyholders brought multiple federal antitrust and RICO class actions in jurisdictions across the nation against insurers and brokers, including AIG and a number of its subsidiaries, alleging that the insurers and brokers engaged in a broad conspiracy to allocate customers, steer business, and rig bids. These actions, including 24 complaints filed in different federal courts naming AIG or an AIG subsidiary as a defendant, were consolidated by the judicial panel on multi-district litigation and transferred to the United States District Court for the District of New Jersey (District of New Jersey) for coordinated pretrial proceedings. The consolidated actions have proceeded in that court in two parallel actions, In re Insurance Brokerage Antitrust Litigation (the Commercial Complaint) and In re Employee Benefit Insurance Brokerage Antitrust Litigation (the Employee Benefits Complaint, and, together with the Commercial Complaint, the Multi-district Litigation). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The plaintiffs in the Commercial Complaint are a group of corporations, individuals and public entities that contracted with the broker defendants for the provision of insurance brokerage services for a variety of insurance needs. The broker defendants are alleged to have placed insurance coverage on the plaintiffs&#146; behalf with a number of insurance companies named as defendants, including AIG subsidiaries. The Commercial Complaint also named various brokers and other insurers as defendants (three of which have since settled). The Commercial Complaint alleges, among other things, that defendants engaged in a widespread conspiracy to allocate customers through bid-rigging and steering practices. Plaintiffs assert that the defendants violated the Sherman Antitrust Act, RICO, and the antitrust laws of 48&nbsp;states and the District of Columbia, and are liable under common law breach of fiduciary duty and unjust enrichment theories. Plaintiffs seek treble damages plus interest and attorneys&#146; fees as a result of the alleged RICO and Sherman Antitrust Act violations. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The plaintiffs in the Employee Benefits Complaint are a group of individual employees and corporate and municipal employers alleging claims on behalf of two separate nationwide purported classes: an employee class and an employer class that acquired insurance products from the defendants from January&nbsp;1, 1998 to December&nbsp;31, 2004. The Employee Benefits Complaint names AIG, as well as various other brokers and insurers, as defendants. The activities alleged in the Employee Benefits Complaint, with certain exceptions, track the allegations made in the Commercial Complaint. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The Court in connection with the Commercial Complaint granted (without leave to amend) defendants&#146; motions to dismiss the federal antitrust and RICO claims on August&nbsp;31, 2007 and September&nbsp;28, 2007, respectively. The court declined to exercise supplemental jurisdiction over the state law claims in the Commercial Complaint and therefore dismissed it in its entirety. On January&nbsp;14, 2008, the court granted defendants&#146; motion for summary judgment on the ERISA claims in the Employee Benefits Complaint and subsequently dismissed the remaining state law claims without prejudice, thereby dismissing the Employee Benefits Complaint in its entirety. On February&nbsp;12, 2008, plaintiffs filed a notice of appeal to the United States Court of Appeals for the Third Circuit with respect to the dismissal of the Employee Benefits Complaint. Plaintiffs previously appealed the dismissal of the Commercial Complaint to the United States Court of Appeals for the Third Circuit on October&nbsp;10, 2007. Both appeals are fully briefed and oral argument in both appeals was held on April&nbsp;21, 2009. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>A number of complaints making allegations similar to those in the Multi-district Litigation have been filed against AIG and other defendants in state and federal courts around the country. The defendants have thus far been successful in having the federal actions transferred to the District of New Jersey and consolidated into the Multi-district Litigation. These additional consolidated actions are still pending in the District of New Jersey, but are currently stayed pending a decision by the court on whether they will proceed during the appeal of the dismissal of the Multi-district Litigation. On August&nbsp;20, 2008, the District Court, however, granted plaintiff&#146;s motion to lift the stay in one tag-along matter and suggested that the case be remanded to the transferor court, and on November&nbsp;26, 2008, the Judicial Panel on Multi-district Litigation issued an order remanding the case to the transferor court. On March&nbsp;12, 2009, the transferor court held oral argument on the insurer defendants&#146; motion to dismiss and granted that motion from the bench. The AIG defendants have also sought to have state court actions making similar allegations stayed pending resolution of the Multi-district Litigation proceeding. These efforts have generally been successful, although discovery has recently commenced in one case pending in New Jersey state court. Plaintiffs in another case pending in Texas state court moved to reopen discovery, and a hearing on that motion was held on April&nbsp;9, 2008. The court subsequently issued an order deferring a ruling on the motion until a hearing was held on defendants&#146; special exceptions, which was held on April&nbsp;3, 2009. At the April&nbsp;3, 2009 hearing, the Court sustained defendants&#146; special exceptions and granted plaintiff leave to replead. The Court also continued the discovery stay. On July&nbsp;13, 2009, Plaintiff filed an amended petition. AIG has settled several of the various federal and state actions alleging claims similar to those in the Multi-district Litigation, including a state court action pending in Florida in which discovery had been allowed to proceed. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Ohio Attorney General Action&nbsp;&#151; Ohio Court of Common Pleas.</I>&nbsp;&nbsp;On August&nbsp;24, 2007, the Ohio Attorney General filed a complaint in the Ohio Court of Common Pleas against AIG and a number of its subsidiaries, as well as several other broker and insurer defendants, asserting violation of Ohio&#146;s antitrust laws. The complaint, which is similar to the Commercial Complaint, alleges that AIG and the other broker and insurer defendants conspired to allocate customers, divide markets, and restrain competition in commercial lines of casualty insurance sold through the broker defendant. The complaint seeks treble damages on behalf of Ohio public purchasers of commercial casualty insurance, disgorgement on behalf of both public and private purchasers of commercial casualty insurance, and a $500-per-day penalty for each day of conspiratorial conduct. AIG, along with other co-defendants, moved to dismiss the complaint on November&nbsp;16, 2007. On June&nbsp;30, 2008, the Court denied defendants&#146; motion to dismiss. On August&nbsp;18, 2008, defendants filed their answers to the complaint. Discovery is ongoing. </DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Actions Relating to Workers&#146; Compensation Premium Reporting&nbsp;&#151; Northern District of Illinois.</I>&nbsp;&nbsp;On May&nbsp;24, 2007, the National Workers&#146; Compensation Reinsurance Pool (the NWCRP), on behalf of its participant members, filed a lawsuit in the United States District Court for the Northern District of Illinois against AIG with respect to the underpayment by AIG of its residual market assessments for workers&#146; compensation insurance. The complaint alleges claims for violations of RICO, breach of contract, fraud and related state law claims arising out of AIG&#146;s alleged underpayment of these assessments between 1970 and the present and seeks damages purportedly in excess of $1&nbsp;billion. On August&nbsp;6, 2007, the court denied AIG&#146;s motion seeking to dismiss or stay the complaint or, in the alternative, to transfer to the Southern District of New York. On December&nbsp;26, 2007, the court denied AIG&#146;s motion to dismiss the complaint. On March&nbsp;17, 2008, AIG filed an amended answer, counterclaims and third-party claims against the National Council on Compensation Insurance (in its capacity as attorney-in-fact for the NWCRP), the NWCRP, its board members, and certain of the other insurance companies that are members of the NWCRP alleging violations of RICO, as well as claims for conspiracy, fraud, and other state law claims. The counterclaim-defendants and third-party defendants filed motions to dismiss on June&nbsp;9, 2008. On January&nbsp;26, 2009, AIG filed a motion to dismiss all claims in the complaint for lack of subject-matter jurisdiction. On February&nbsp;23, 2009, the Court issued a decision and order sustaining AIG&#146;s counterclaims and sustaining, in part, AIG&#146;s third-party claims. The Court also dismissed certain of AIG&#146;s third-party claims without prejudice. On April&nbsp;13, 2009, third-party defendant Liberty Mutual filed third-party counterclaims against AIG, certain of its subsidiaries, and former AIG executives. The third-party counterclaims are substantially similar to those filed by the NWCRP, but also seek damages related to non-NWCRP states, guaranty funds, and special assessments, in addition to asserting claims for other violations of state law. On April&nbsp;16, 2009, the Court ordered that all third-party defendants must assert any third-party counterclaims by April&nbsp;30, 2009. The Court has otherwise stayed the entire case pending a ruling on AIG&#146;s motion to dismiss for lack of subject matter jurisdiction. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On April&nbsp;1, 2009, Safeco Insurance Company of America and Ohio Casualty Insurance Company filed a complaint in the United States District Court for the Northern District of Illinois, on behalf of a purported class of all NWCRP participant members, against AIG and certain of its subsidiaries with respect to the underpayment by AIG of its residual market assessments for workers&#146; compensation insurance. The complaint is styled as an &#147;alternative complaint,&#148; should the court grant AIG&#146;s motion to dismiss the NWCRP lawsuit for lack of subject-matter jurisdiction. The allegations in the class action complaint are substantially similar to those filed by the NWCRP, but the complaint names former AIG executives as defendants and asserts a RICO claim against those executives. On April&nbsp;9, 2009, the Court stayed the case pending disposition of AIG&#146;s motion to dismiss for lack of subject-matter jurisdiction in the NWCRP lawsuit. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Action Relating to Workers&#146; Compensation Premium Reporting&nbsp;&#151; District of South Carolina.</I>&nbsp;&nbsp;A purported class action was filed in the United States District Court for the District of South Carolina on January&nbsp;25, 2008 against AIG and certain of its subsidiaries, on behalf of a class of employers that obtained workers&#146; compensation insurance from AIG companies and allegedly paid inflated premiums as a result of AIG&#146;s alleged underreporting of workers&#146; compensation premiums. An amended complaint was filed on March&nbsp;24, 2008, and AIG filed a motion to dismiss the amended complaint on April&nbsp;21, 2008. On July&nbsp;8, 2008, the court granted AIG&#146;s motion to dismiss all claims without prejudice and granted plaintiff leave to refile subject to certain conditions. Plaintiffs filed their second amended complaint on July&nbsp;22, 2008. AIG moved to dismiss the second amended complaint on August&nbsp;22, 2008. On March&nbsp;27, 2009, the court granted AIG&#146;s motion to dismiss all claims related to pre-2001 policies and all claims against two AIG subsidiaries but denied the motion to dismiss as to claims against AIG and the remaining subsidiaries. The court also granted AIG&#146;s motion to strike certain allegations from the complaint, including allegations relating to AIG&#146;s alleged underreporting of workers&#146; compensation premiums. Limited discovery related to AIG&#146;s filed-rate doctrine defense was conducted and certain legal issues related to that defense have been certified to the South Carolina Supreme Court for determination. However, this action no longer involves allegations of underreporting of workers&#146; compensation premiums and no longer relates to the regulatory settlements and litigation concerning those issues. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Litigation Relating to SICO.</I>&nbsp;&nbsp;In July 2005 SICO filed a complaint against AIG in the Southern District of New York, claiming that AIG had refused to provide SICO access to certain artwork, and asking the court to order AIG immediately to release the property to SICO. AIG filed an answer denying SICO&#146;s allegations and setting forth defenses to SICO&#146;s claims. In addition, AIG filed counterclaims asserting breach of contract, unjust enrichment, conversion, breach of fiduciary duty, a constructive trust and declaratory judgment relating to SICO&#146;s breach of its commitment to use its AIG shares only for the benefit of AIG and AIG employees. On June&nbsp;23, 2008, the Court denied in part and granted in part&nbsp;SICO&#146;s motion for summary judgment, and on July&nbsp;31, 2008 the parties submitted a joint pre-trial order. Trial of AIG&#146;s claims for breach of fiduciary duty and conversion commenced on June&nbsp;15, 2009. On July&nbsp;7, 2009, a jury returned a verdict in SICO&#146;s favor on the conversion claim and an advisory verdict in SICO&#146;s favor on AIG&#146;s breach of fiduciary duty claim. The Court indicated that it would reach its own binding decision on the breach of fiduciary duty claim in August 2009. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Litigation Matters Relating to AIG&#146;s General Insurance Operations</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Caremark.</I>&nbsp;&nbsp;AIG and certain of its subsidiaries have been named defendants in two putative class actions in state court in Alabama that arise out of the 1999 settlement of class and derivative litigation involving Caremark Rx, Inc. (Caremark). The plaintiffs in the second-filed action have intervened in the first-filed action, and the second-filed action has been dismissed. An excess policy issued by a subsidiary of AIG with respect to the 1999 litigation was expressly stated to be without limit of liability. In the current actions, plaintiffs allege that the judge approving the 1999 settlement was misled as to the extent of available insurance coverage and would not have approved the settlement had he known of the existence <FONT style="WHITE-SPACE: nowrap">and/or</FONT> unlimited nature of the excess policy. They further allege that AIG, its subsidiaries, and Caremark are liable for fraud and suppression for misrepresenting <FONT style="WHITE-SPACE: nowrap">and/or</FONT> concealing the nature and extent of coverage. In addition, the intervenor-plaintiffs originally alleged that various lawyers and law firms who represented parties in the underlying class and derivative litigation (the Lawyer Defendants) were also liable for fraud and suppression, misrepresentation, and breach of fiduciary duty. The complaints filed by the plaintiffs and the intervenor-plaintiffs request compensatory damages for the 1999 class in the amount of $3.2&nbsp;billion, plus punitive damages. AIG and its subsidiaries deny the allegations of fraud and suppression and have asserted that information concerning the excess policy was publicly disclosed months prior to the approval of the settlement. AIG and its subsidiaries further assert that the current claims are barred by the statute of limitations and that plaintiffs&#146; assertions that the statute was tolled cannot stand against the public disclosure of the excess coverage. The plaintiffs and intervenor-plaintiffs, in turn, have asserted that the disclosure was insufficient to inform them of the nature of the coverage and did not start the running of the statute of limitations. On November&nbsp;26, 2007, the trial court issued an order that dismissed the intervenors&#146; complaint against the Lawyer Defendants and entered a final judgment in favor of the Lawyer Defendants. The matter was stayed pending appeal to the Alabama Supreme Court. In September 2008, the Alabama Supreme Court affirmed the trial court&#146;s dismissal of the Lawyer Defendants. After the case was sent back down to the trial court, the intervenor-plaintiffs retained additional counsel &#151;&nbsp;the law firm of Haskell Slaughter Young&nbsp;&amp; Rediker, LLC (Haskell Slaughter)&nbsp;&#151; and filed an Amended Complaint in Intervention on December&nbsp;1, 2008. The Amended Complaint in Intervention names only Caremark and AIG and various subsidiaries as defendants and purports to bring claims against all defendants for deceit and conspiracy to deceive. In addition, the Amended Complaint in Intervention purports to bring a claim against AIG and its subsidiaries for aiding and abetting Caremark&#146;s alleged deception. The defendants have moved to dismiss the Amended Complaint, and, in the alternative, for a more definite statement. The intervenor-plaintiffs have yet to respond to defendants&#146; motion but have indicated to the court that they intend to remedy any defects in their Amended Complaint by filing another amended complaint. After the appearance of the Haskell Slaughter firm on behalf of the intervenor-plaintiffs, the plaintiffs moved to disqualify all of the lawyers for the intervenor-plaintiffs because, among other things, the Haskell Slaughter firm previously represented Caremark. The intervenor-plaintiffs, in turn, moved to disqualify the lawyers for the plaintiffs in the first-filed action. The trial court heard oral argument on the motions to disqualify on February&nbsp;6, 2009. On March&nbsp;2, 2009, both sets of plaintiffs filed motions to withdraw their respective motions to disqualify each other after reaching an agreement among themselves that the Lauriello plaintiffs would act as lead counsel. The McArthur intervenors also moved to withdraw their Amended Complaint in Intervention. The trial court granted all motions to withdraw and ordered the parties to appear on March&nbsp;26, 2009 for a status conference. Before the conference, the McArthur intervenors purported to dismiss their claims against Lauriello with prejudice pursuant to Ala. R. Civ. P.&nbsp;41. The defendants argued that such dismissal was improper absent Court approval, but the Court approved the dismissal on April&nbsp;2, 2009. At a class action scheduling conference held on April&nbsp;14, 2009, the Court established a schedule for class action discovery that will lead to a hearing on class certification in March 2010. The parties are presently engaged in class discovery. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: Arial, Helvetica" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="96%"></TD></TR> <TR vAlign=top> <TD><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">(b)&nbsp;&nbsp;</FONT></I></B> </TD> <TD><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Commitments</FONT></I></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Flight Equipment</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At June&nbsp;30, 2009, ILFC had committed to purchase 128 new aircraft deliverable from 2009 through 2019, at an estimated aggregate purchase price of $14.3&nbsp;billion. ILFC will be required to find lessees for any aircraft acquired and to arrange financing for a substantial portion of the purchase price. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Included in the 128 new aircraft are 74 Boeing 787 aircraft (B787s), with the first aircraft currently scheduled to be delivered in July 2012, not taking into account recent additional delays in the production of the B787s. ILFC is in discussion with Boeing related to revisions to the delivery schedule and potential delay compensation and penalties for which ILFC may be eligible. ILFC has signed contracts for 31 of the 74 B787s on order. Under the terms of ILFC&#146;s B787 leases, the lessees may be entitled to share in any compensation which ILFC receives from Boeing for late delivery of the aircraft. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Other Commitments</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In the normal course of business, AIG enters into commitments to invest in limited partnerships, private equities, hedge funds and mutual funds and to purchase and develop real estate in the U.S.&nbsp;and abroad. These commitments totaled $7.9&nbsp;billion at June&nbsp;30, 2009. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On June&nbsp;27, 2005, AIG entered into an agreement pursuant to which AIG agreed, subject to certain conditions, to make any payment that is not promptly paid with respect to the benefits accrued by certain employees of AIG and its subsidiaries under the SICO Plans (as discussed in (c)&nbsp;below under &#147;Benefits Provided by Starr International Company, Inc. and C.V. Starr&nbsp;&amp; Co., Inc.&#148;). </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: Arial, Helvetica" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="96%"></TD></TR> <TR vAlign=top> <TD><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">(c)&nbsp;&nbsp;</FONT></I></B> </TD> <TD><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Contingencies</FONT></I></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Liability for unpaid claims and claims adjustment expense</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Although AIG regularly reviews the adequacy of the established liability for unpaid claims and claims adjustment expense, there can be no assurance that AIG&#146;s ultimate liability for unpaid claims and claims adjustment expense will not develop adversely and materially exceed AIG&#146;s current liability for unpaid claims and claims adjustment expense. Estimation of ultimate net claims, claims adjustment expenses and liability for unpaid claims and claims adjustment expense is a complex process for long-tail casualty lines of business, which include excess and umbrella liability, directors and officers liability (D&amp;O), professional liability, medical malpractice, workers&#146; compensation, general liability, products liability and related classes, as well as for asbestos and environmental exposures. Generally, actual historical loss development factors are used to project future loss development. However, there can be no assurance that future loss development patterns will be the same as in the past. Moreover, any deviation in loss cost trends or in loss development factors might not be discernible for an extended period of time subsequent to the recording of the initial loss reserve estimates for any accident year. Thus, there is the potential for reserves with respect to a number of years to be significantly affected by changes in loss cost trends or loss development factors that were relied upon in setting the reserves. These changes in loss cost trends or loss development factors could be attributable to changes in inflation, in labor and material costs or in the judicial environment, or in other social or economic phenomena affecting claims. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Benefits Provided by Starr International Company, Inc. and C.V. Starr&nbsp;&amp; Co., Inc.</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>SICO has provided a series of two-year Deferred Compensation Profit Participation Plans (SICO Plans) to certain AIG employees. The SICO Plans were created in 1975 when the voting shareholders and Board of Directors of SICO, a private holding company whose principal asset is AIG common stock, decided that a portion of the capital value of SICO should be used to provide an incentive plan for the current and succeeding managements of all American International companies, including AIG. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>None of the costs of the various benefits provided under the SICO Plans has been paid by AIG, although AIG has recorded a charge to reported earnings for the deferred compensation amounts paid to AIG employees by SICO, with an offsetting amount credited to additional paid-in capital reflecting amounts considered to be contributed by SICO. The SICO Plans provide that shares currently owned by SICO are set aside by SICO for the benefit of the participant and distributed upon retirement. The SICO Board of Directors currently may permit an early payout of units under certain circumstances. Prior to payout, the participant is not entitled to vote, dispose of or receive dividends with respect to such shares, and shares are subject to forfeiture under certain conditions, including but not limited to the participant&#146;s voluntary termination of employment with AIG prior to normal retirement age. Under the SICO Plans, SICO&#146;s Board of Directors may elect to pay a participant cash in lieu of shares of AIG common stock. Following notification from SICO to participants in the SICO Plans that it will settle specific future awards under the SICO Plans with shares rather than cash, AIG modified its accounting for the SICO Plans from variable to fixed measurement accounting. AIG gave effect to this change in settlement method beginning on December&nbsp;9, 2005, the date of SICO&#146;s notice to participants in the SICO Plans. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: Arial, Helvetica" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="96%"></TD></TR> <TR vAlign=top> <TD><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">(d)&nbsp;&nbsp;</FONT></I></B> </TD> <TD><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Guarantees</FONT></I></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG has issued unconditional guarantees with respect to the prompt payment, when due, of all present and future payment obligations and liabilities of AIGFP arising from transactions entered into by AIGFP. Also see Note&nbsp;13 herein for additional disclosures on guarantees of outstanding debt. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>SAI Deferred Compensation Holdings, Inc., a wholly owned subsidiary of AIG, has established a deferred compensation plan for registered representatives of certain AIG subsidiaries, pursuant to which participants have the opportunity to invest deferred commissions and fees on a notional basis. The value of the deferred compensation fluctuates with the value of the deferred investment alternatives chosen. AIG has provided a full and unconditional guarantee of the obligations of SAI Deferred Compensation Holdings, Inc. to pay the deferred compensation under the plan. In December 2008, AIG terminated the plan for current employees and ceased to permit new deferrals into the plan. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>See Note&nbsp;6 herein for commitments and guarantees associated with VIEs.</DIV></BODY></HTML> <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 162px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=162 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">4.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Fair Value Measurements</FONT></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Effective January&nbsp;1, 2008, AIG adopted FAS&nbsp;157 and FAS&nbsp;159, &#147;The Fair Value Option for Financial Assets and Financial Liabilities&#148; (FAS&nbsp;159), which specify measurement and disclosure standards related to assets and liabilities measured at fair value. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Fair Value Measurements on a Recurring Basis</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG measures at fair value on a recurring basis financial instruments in its trading and available for sale securities portfolios, certain mortgage and other loans receivable, certain spot commodities, derivative assets and liabilities, securities purchased/sold under agreements to resell/repurchase, securities lending invested collateral, non-traded equity investments and certain private limited partnerships and certain hedge funds included in other invested assets, certain short-term investments, separate and variable account assets, certain policyholder contract deposits, securities and spot commodities sold but not yet purchased, certain trust deposits and deposits due to banks and other depositors, certain CPFF and other commercial paper, certain long-term debt, and certain hybrid financial instruments included in other liabilities. The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The degree of judgment used in measuring the fair value of financial instruments generally correlates with the level of pricing observability. Financial instruments with quoted prices in active markets generally have more pricing observability and less judgment is used in measuring fair value. Conversely, financial instruments traded in <FONT style="WHITE-SPACE: nowrap">other-than-active</FONT> markets or that do not have quoted prices have less observability and are measured at fair value using valuation models or other pricing techniques that require more judgment. An active market is one in which transactions for the asset or liability being valued occur with sufficient frequency and volume to provide pricing information on an ongoing basis. An <FONT style="WHITE-SPACE: nowrap">other-than-active</FONT> market is one in which there are few transactions, the prices are not current, price quotations vary substantially either over time or among market makers, or in which little information is released publicly for the asset or liability being valued. Pricing observability is affected by a number of factors, including the type of financial instrument, whether the financial instrument is new to the market and not yet established, the characteristics specific to the transaction and general market conditions. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Fair Value Hierarchy</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Beginning January&nbsp;1, 2008, assets and liabilities recorded at fair value in the consolidated balance sheet are measured and classified in a hierarchy for disclosure purposes consisting of three &#147;levels&#148; based on the observability of inputs available in the marketplace used to measure the fair values as discussed below: </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Level&nbsp;1:</I>&nbsp;&nbsp;Fair value measurements that are quoted prices (unadjusted) in active markets that AIG has the ability to access for identical assets or liabilities. Market price data generally is obtained from exchange or dealer markets. AIG does not adjust the quoted price for such instruments. Assets and liabilities measured at fair value on a recurring basis and classified as Level&nbsp;1 include certain government and agency securities, actively traded listed common stocks and derivative contracts, most separate account assets and most mutual funds. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Level&nbsp;2:</I>&nbsp;&nbsp;Fair value measurements based on inputs other than quoted prices included in Level&nbsp;1 that are observable for the asset or liability, either directly or indirectly. Level&nbsp;2 inputs include quoted prices for similar assets and liabilities in active markets, and inputs other than quoted prices that are observable for the asset or liability, such as interest rates and yield curves that are observable at commonly quoted intervals. Assets and liabilities measured at fair value on a recurring basis and classified as Level&nbsp;2 generally include certain government securities, most investment-grade and high-yield corporate bonds, certain asset-backed securities (ABS), certain listed equities, state, municipal and provincial obligations, hybrid securities, mutual fund and hedge fund investments, derivative contracts, guaranteed investment agreements (GIAs) and commercial paper at AIGFP, other long-term debt and physical commodities. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Level&nbsp;3:</I>&nbsp;&nbsp;Fair value measurements based on valuation techniques that use significant inputs that are unobservable. These measurements include circumstances in which there is little, if any, market activity for the asset or liability. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. AIG&#146;s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment. In making the assessment, AIG considers factors specific to the asset or liability. Assets and liabilities measured at fair value on a recurring basis and classified as Level&nbsp;3 include certain distressed ABS, structured credit products, certain derivative contracts (including AIGFP&#146;s super senior credit default swap portfolio), policyholder contract deposits carried at fair value, private equity and real estate fund investments, and direct private equity investments. AIG&#146;s non-financial-instrument assets that are measured at fair value on a non-recurring basis generally are classified as Level&nbsp;3. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The following is a description of the valuation methodologies used for instruments carried at fair value: </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Incorporation of Credit Risk in Fair Value Measurements</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>AIG&#146;s Own Credit Risk.</I>&nbsp;&nbsp;Fair value measurements for AIGFP&#146;s debt, GIAs, structured note liabilities and freestanding derivatives incorporate AIG&#146;s own credit risk by determining the explicit cost for each counterparty to protect against its net credit exposure to AIG at the balance sheet date by reference to observable AIG credit default swap spreads. A counterparty&#146;s net credit exposure to AIG is determined based on master netting agreements, when applicable, which take into consideration all positions with AIG, as well as collateral posted by AIG with the counterparty at the balance sheet date. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Fair value measurements for embedded policy derivatives and policyholder contract deposits take into consideration that policyholder liabilities are senior in priority to general creditors of AIG and therefore are much less sensitive to changes in AIG credit default swap or cash issuance spreads. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Counterparty Credit Risk.</I>&nbsp;&nbsp;Fair value measurements for freestanding derivatives incorporate counterparty credit by determining the explicit cost for AIG to protect against its net credit exposure to each counterparty at the balance sheet date by reference to observable counterparty credit default swap spreads. AIG&#146;s net credit exposure to a counterparty is determined based on master netting agreements, which take into consideration all derivative positions with the counterparty, as well as collateral posted by the counterparty at the balance sheet date. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The cost of credit protection is determined under a discounted present value approach considering the market levels for credit default swap (CDS) spreads, the mid market value of the net exposure (reflecting the amount of protection required) and the weighted average life of the net exposure. CDS spreads are provided to AIG by an independent third-party. AIG utilizes a LIBOR-based interest rate curve to derive its discount rates. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>A CDS is a derivative contract that allows the transfer of third-party credit risk from one party to the other. The buyer of the CDS pays an upfront <FONT style="WHITE-SPACE: nowrap">and/or</FONT> annual premium to the seller. The seller&#146;s payment obligation is triggered by the occurrence of a credit event under a specified reference security and is determined by the loss on that specified reference security. The present value of the amount of the annual <FONT style="WHITE-SPACE: nowrap">and/or</FONT> upfront premium therefore represents a market based expectation of the likelihood that the specified reference party will fail to perform on the reference obligation, a key market observable indicator of non-performance risk (the CDS spread). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>While this approach does not explicitly consider all potential future behavior of the derivative transactions or potential future changes in valuation inputs, AIG believes this approach provides a reasonable estimate of the fair value of the derivate assets and liabilities, including consideration of the impact of non-performance risk. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Fair values for fixed maturity securities based on observable market prices for identical or similar instruments implicitly incorporate counterparty credit risk. Fair values for fixed maturity securities based on internal models incorporate counterparty credit risk by using discount rates that take into consideration cash issuance spreads for similar instruments or other observable information. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Fixed Maturity Securities&nbsp;&#151; Trading and Available for Sale</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG maximizes the use of observable inputs and minimizes the use of unobservable inputs when measuring fair value. Whenever available, AIG obtains quoted prices in active markets for identical assets at the balance sheet date to measure at fair value fixed maturity securities in its trading and available for sale portfolios. Market price data generally is obtained from exchange or dealer markets. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG estimates the fair value of fixed maturity securities not traded in active markets, including securities purchased (sold) under agreements to resell (repurchase), and mortgage and other loans receivable for which AIG elected the fair value option, by referring to traded securities with similar attributes, using dealer quotations, a matrix pricing methodology, discounted cash flow analyses or internal valuation models. This methodology considers such factors as the issuer&#146;s industry, the security&#146;s rating and tenor, its coupon rate, its position in the capital structure of the issuer, yield curves, credit curves, prepayment rates and other relevant factors. For fixed maturity instruments that are not traded in active markets or that are subject to transfer restrictions, valuations are adjusted to reflect illiquidity <FONT style="WHITE-SPACE: nowrap">and/or</FONT> non-transferability, and such adjustments generally are based on available market evidence. In the absence of such evidence, management&#146;s best estimate is used. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">ML II and ML III</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At their inception, AIG&#146;s economic interest in Maiden Lane&nbsp;II LLC (ML II)&nbsp;and equity interest in Maiden Lane&nbsp;III LLC (ML III) (together, Maiden Lane Interests), which are included in Bond trading securities, at fair value, on the consolidated balance sheet, were valued and recorded at the transaction prices of $1&nbsp;billion and $5&nbsp;billion, respectively. Subsequently, Maiden Lane Interests are valued using a discounted cash flow methodology that uses the estimated future cash flows of the assets to which the Maiden Lane Interests are entitled and the discount rates applicable to such interests as derived from the fair value of the entire asset pool. The implicit discount rates are calibrated to the changes in the estimated asset values for the underlying assets commensurate with AIG&#146;s interests in the capital structure of the respective entities. Estimated cash flows and discount rates used in the valuations are validated, to the extent possible, using market observable information for securities with similar asset pools, structure and terms. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The fair value methodology used assumes that the underlying collateral in ML II and ML III will continue to be held and generate cash flows into the foreseeable future and does not assume a current liquidation of the assets of ML II and ML III. Other methodologies employed or assumptions made in determining fair value for these investments could result in amounts that differ significantly from the amounts reported. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Valuation Sensitivity: The fair values of the Maiden Lane Interests are most affected by changes in the discount rates and changes in the underlying estimated future collateral cash flow assumptions used in the valuation model. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The benchmark London Interbank Offered Rate (LIBOR) interest rate curve changes are determined by macroeconomic considerations and financial sector credit spreads. The spreads over LIBOR for the Maiden Lane Interests (including collateral-specific credit and liquidity spreads) can change as a result of changes in market expectations about the future performance of these investments as well as changes in the risk premium that market participants would demand at the time of the transactions. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Changes in estimated future cash flows would primarily be the result of changes in expectations for defaults, recoveries, and prepayments on underlying loans. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>Increases in the discount rate or decreases in estimated future cash flows used in the valuation would decrease AIG&#146;s estimate of the fair value of the Maiden Lane Interests as shown in the table below.</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="69%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="11%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="11%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Fair Value Change</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>Six Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Maiden Lane II</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Maiden Lane III</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=6><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Discount Rates </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">200&nbsp;basis point increase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(52 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(453 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">400&nbsp;basis point increase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(97 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(837 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Estimated Future Cash Flows </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">10% decrease </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(218 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(660 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">20% decrease </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(370 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,323 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG believes that the ranges of discount rates used in these analyses are reasonable based on implied spread volatilities of similar collateral securities and implied volatilities of LIBOR interest rates. The ranges of estimated future cash flows were determined based on variability in estimated future cash flows implied by cumulative loss estimates for similar instruments. The fair values of the Maiden Lane Interests are likely to vary, perhaps materially, from the amount estimated. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Equity Securities Traded in Active Markets&nbsp;&#151; Trading and Available for Sale</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG maximizes the use of observable inputs and minimizes the use of unobservable inputs when measuring fair value. Whenever available, AIG obtains quoted prices in active markets for identical assets at the balance sheet date to measure at fair value marketable equity securities in its trading and available for sale portfolios. Market price data generally is obtained from exchange or dealer markets. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Non-Traded Equity Investments&nbsp;&#151; Other Invested Assets</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG initially estimates the fair value of equity instruments not traded in active markets by reference to the transaction price. This valuation is adjusted for changes in inputs and assumptions which are corroborated by evidence such as transactions in similar instruments, completed or pending third-party transactions in the underlying investment or comparable entities, subsequent rounds of financing, recapitalizations and other transactions across the capital structure, offerings in the equity capital markets, and changes in financial ratios or cash flows. For equity securities that are not traded in active markets or that are subject to transfer restrictions, valuations are adjusted to reflect illiquidity <FONT style="WHITE-SPACE: nowrap">and/or</FONT> non-transferability and such adjustments generally are based on available market evidence. In the absence of such evidence, management&#146;s best estimate is used. </DIV> <P> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Private Limited Partnership and Hedge Fund&nbsp;Investments&nbsp;&#151; Other Invested Assets</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG initially estimates the fair value of investments in certain private limited partnerships and certain hedge funds by reference to the transaction price. Subsequently, AIG obtains the fair value of these investments generally from net asset value information provided by the general partner or manager of the investments, the financial statements of which are generally audited annually. AIG considers observable market data and performs diligence procedures in validating the appropriateness of using the net asset value as a fair value measurement. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Separate Account Assets</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Separate account assets are composed primarily of registered and unregistered open-end mutual funds that generally trade daily and are measured at fair value in the manner discussed above for equity securities traded in active markets. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Freestanding Derivatives</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Derivative assets and liabilities can be exchange-traded or traded <FONT style="WHITE-SPACE: nowrap">over-the-counter</FONT> (OTC). AIG generally values exchange-traded derivatives using quoted prices in active markets for identical derivatives at the balance sheet date. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>OTC derivatives are valued using market transactions and other market evidence whenever possible, including market-based inputs to models, model calibration to market clearing transactions, broker or dealer quotations or alternative pricing sources with reasonable levels of price transparency. When models are used, the selection of a particular model to value an OTC derivative depends on the contractual terms of, and specific risks inherent in, the instrument as well as the availability of pricing information in the market. AIG generally uses similar models to value similar instruments. Valuation models require a variety of inputs, including contractual terms, market prices and rates, yield curves, credit curves, measures of volatility, prepayment rates and correlations of such inputs. For OTC derivatives that trade in liquid markets, such as generic forwards, swaps and options, model inputs can generally be corroborated by observable market data by correlation or other means, and model selection does not involve significant management judgment. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Certain OTC derivatives trade in less liquid markets with limited pricing information, and the determination of fair value for these derivatives is inherently more difficult. When AIG does not have corroborating market evidence to support significant model inputs and cannot verify the model to market transactions, the transaction price is initially used as the best estimate of fair value. Accordingly, when a pricing model is used to value such an instrument, the model is adjusted so the model value at inception equals the transaction price. Subsequent to initial recognition, AIG updates valuation inputs when corroborated by evidence such as similar market transactions, third-party pricing services <FONT style="WHITE-SPACE: nowrap">and/or</FONT> broker or dealer quotations, or other empirical market data. When appropriate, valuations are adjusted for various factors such as liquidity, bid/offer spreads and credit considerations. Such adjustments are generally based on available market evidence. In the absence of such evidence, management&#146;s best estimate is used. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Embedded Policy Derivatives</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The fair value of embedded policy derivatives contained in certain variable annuity and equity-indexed annuity and life contracts is measured based on actuarial and capital market assumptions related to projected cash flows over the expected lives of the contracts. These cash flow estimates primarily include benefits and related fees assessed, when applicable, and incorporate expectations about policyholder behavior. Estimates of future policyholder behavior are subjective and based primarily on AIG&#146;s historical experience. With respect to embedded policy derivatives in AIG&#146;s variable annuity contracts, because of the dynamic and complex nature of the expected cash flows, risk neutral valuations are used. Estimating the underlying cash flows for these products involves many estimates and judgments, including those regarding expected market rates of return, market volatility, correlations of market index returns to funds, fund performance, discount rates and policyholder behavior. With respect to embedded policy derivatives in AIG&#146;s equity-indexed annuity and life contracts, option pricing models are used to estimate fair value, taking into account assumptions for future equity index growth rates, volatility of the equity index, future interest rates, and determinations on adjusting the participation rate and the cap on equity indexed credited rates in light of market conditions and policyholder behavior assumptions. With the adoption of FAS&nbsp;157, these methodologies were not changed, with the exception of incorporating an explicit risk margin to take into consideration market participant estimates of projected cash flows and policyholder behavior. The valuation technique used to measure the fair value of certain variable annuity guarantees was modified during 2008, primarily with respect to the development of long-dated equity volatility assumptions and the discount rates applied to certain projected benefit payments. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">AIGFP&#146;s Super Senior Credit Default Swap Portfolio</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP values its CDS transactions written on the super senior risk layers of designated pools of debt securities or loans using internal valuation models, third-party price estimates and market indices. The principal market was determined to be the market in which super senior credit default swaps of this type and size would be transacted, or have been transacted, with the greatest volume or level of activity. AIG has determined that the principal market participants, therefore, would consist of other large financial institutions who participate in sophisticated <FONT style="WHITE-SPACE: nowrap">over-the-counter</FONT> derivatives markets. The specific valuation methodologies vary based on the nature of the referenced obligations and availability of market prices. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The valuation of the super senior credit derivatives continues to be challenging given the limitation on the availability of market observable information due to the lack of trading and price transparency in the structured finance market, particularly during and since the second half of 2007. These market conditions have increased the reliance on management estimates and judgments in arriving at an estimate of fair value for financial reporting purposes. Further, disparities in the valuation methodologies employed by market participants and the varying judgments reached by such participants when assessing volatile markets have increased the likelihood that the various parties to these instruments may arrive at significantly different estimates as to their fair values. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP&#146;s valuation methodologies for the super senior credit default swap portfolio have evolved in response to the deteriorating market conditions and the lack of sufficient market observable information. AIG has sought to calibrate the methodologies to available market information and to review the assumptions of the methodologies on a regular basis. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Regulatory capital portfolio:</I>&nbsp;&nbsp;In the case of credit default swaps written to facilitate regulatory capital relief, AIGFP estimates the fair value of these derivatives by considering observable market transactions. The transactions with the most observability are the early terminations of these transactions by counterparties. AIG expects that the counterparties in the remaining CDS transactions will terminate the vast majority of transactions with AIGFP within the next 9&nbsp;months. AIGFP also considers other market data, to the extent relevant and available. See also Note&nbsp;7 herein. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Multi-sector CDO portfolios:</I>&nbsp;&nbsp;AIGFP uses a modified version of the Binomial Expansion Technique (BET) model to value its credit default swap portfolio written on super senior tranches of multi-sector collateralized debt obligations (CDOs) of ABS, including maturity-shortening puts that allow the holders of the securities issued by certain CDOs to treat the securities as short-term eligible <FONT style="WHITE-SPACE: nowrap">2a-7</FONT> investments under the Investment Company Act of 1940 <FONT style="WHITE-SPACE: nowrap">(2a-7</FONT> Puts). The BET model was developed in 1996 by a major rating agency to generate expected loss estimates for CDO tranches and derive a credit rating for those tranches, and has been widely used ever since. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP has adapted the BET model to estimate the price of the super senior risk layer or tranche of the CDO. AIG modified the BET model to imply default probabilities from market prices for the underlying securities and not from rating agency assumptions. To generate the estimate, the model uses the price estimates for the securities comprising the portfolio of a CDO as an input and converts those estimates to credit spreads over current LIBOR-based interest rates. These credit spreads are used to determine implied probabilities of default and expected losses on the underlying securities. This data is then aggregated and used to estimate the expected cash flows of the super senior tranche of the CDO. </DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Prices for the individual securities held by a CDO are obtained in most cases from the CDO collateral managers, to the extent available. CDO collateral managers provided market prices for 59.0&nbsp;percent of the underlying securities used in the valuation at June&nbsp;30, 2009. When a price for an individual security is not provided by a CDO collateral manager, AIGFP derives the price through a pricing matrix using prices from CDO collateral managers for similar securities. Matrix pricing is a mathematical technique used principally to value debt securities without relying exclusively on quoted prices for the specific securities, but rather by relying on the relationship of the security to other benchmark quoted securities. Substantially all of the CDO collateral managers who provided prices used dealer prices for all or part of the underlying securities, in some cases supplemented by third-party pricing services. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The BET model also uses diversity scores, weighted average lives, recovery rates and discount rates. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP employs a Monte Carlo simulation to assist in quantifying the effect on the valuation of the CDO of the unique aspects of the CDO&#146;s structure such as triggers that divert cash flows to the most senior part of the capital structure. The Monte Carlo simulation is used to determine whether an underlying security defaults in a given simulation scenario and, if it does, the security&#146;s implied random default time and expected loss. This information is used to project cash flow streams and to determine the expected losses of the portfolio. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In addition to calculating an estimate of the fair value of the super senior CDO security referenced in the credit default swaps using its internal model, AIGFP also considers the price estimates for the super senior CDO securities provided by third parties, including counterparties to these transactions, to validate the results of the model and to determine the best available estimate of fair value. In determining the fair value of the super senior CDO security referenced in the credit default swaps, AIGFP uses a consistent process which considers all available pricing data points and eliminates the use of outlying data points. When pricing data points are within a reasonable range an averaging technique is applied. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Corporate debt/CLO portfolios:</I>&nbsp;&nbsp;In the case of credit default swaps written on portfolios of investment-grade corporate debt, AIGFP estimates the fair value of its obligations by comparing the contractual premium of each contract to the current market levels of the senior tranches of comparable credit indices, the iTraxx index for European corporate issuances and the CDX index for U.S.&nbsp;corporate issuances. These indices are considered reasonable proxies for the referenced portfolios. In addition, AIGFP compares these valuations to third-party prices and makes adjustments as necessary to determine the best available estimate of fair value. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP estimates the fair value of its obligations resulting from credit default swaps written on collateralized loan obligations (CLOs) to be equivalent to the par value less the current market value of the referenced obligation. Accordingly, the value is determined by obtaining third-party quotes on the underlying super senior tranches referenced under the credit default swap contract. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Policyholder Contract Deposits</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Policyholder contract deposits accounted for at fair value are measured using an income approach by taking into consideration the following factors: </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>Current policyholder account values and related surrender charges; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>The present value of estimated future cash inflows (policy fees) and outflows (benefits and maintenance expenses) associated with the product using risk neutral valuations, incorporating expectations about policyholder behavior, market returns and other factors;&nbsp;and </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>A risk margin that market participants would require for a market return and the uncertainty inherent in the model inputs. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The change in fair value of these policyholder contract deposits is recorded as Policyholder benefits and claims incurred in the Consolidated Statement of Income (loss). </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Spot commodities and Securities and spot commodities sold but not yet purchased</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Fair values of spot commodities and spot commodities sold but not yet purchased are based on current market prices of reference spot futures contracts traded on exchanges. Fair values for securities sold but not yet purchased are based on current market prices. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Other long-term debt</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>When fair value accounting has been elected, the fair value of non-structured liabilities is generally determined by using market prices from exchange or dealer markets, when available, or discounting expected cash flows using the appropriate discount rate for the applicable maturity. The discount rate is based on an implicit rate determined with the use of observable CDS market spreads to determine the risk of non-performance for AIG. Such instruments are generally classified in Level&nbsp;2 of the fair value hierarchy as all inputs are readily observable. AIG determines the fair value of structured liabilities (where performance is linked to structured interest rates, inflation or currency risks) and hybrid financial instruments (performance linked to risks other than interest rates, inflation or currency risks) using the appropriate derivative valuation methodology (described above) given the nature of the embedded risk profile. Such instruments are classified in Level&nbsp;2 or Level&nbsp;3 depending on the observability of significant inputs to the model. In addition, adjustments are made to the valuations of both non-structured and structured liabilities to reflect AIG&#146;s own credit worthiness based on observable credit spreads of AIG. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Assets and Liabilities Measured at Fair Value on a Recurring Basis</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents information about assets and liabilities measured at fair value on a recurring basis and indicates the level of the fair value measurement based on the levels of the inputs used:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="39%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Counterparty<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Cash<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 1</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 2</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 3</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Netting<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Collateral<I>(b)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt"><B>At June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt"><B>Assets:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Bonds available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>388</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4,044</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4,434</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Obligations of states, municipalities and political subdivisions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>39</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>54,519</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>802</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>55,360</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>439</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>72,214</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>628</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>73,281</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>74</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>170,074</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,022</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>176,170</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Residential mortgage-backed securities (RMBS) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>22,412</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,637</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>28,049</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Commercial mortgage-backed securities (CMBS) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9,072</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,187</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,259</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,859</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,296</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,155</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total bonds available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>940</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>334,194</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>18,574</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>353,708</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <P></P> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="39%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Counterparty<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Cash<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 1</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 2</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 3</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Netting<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Collateral<I>(b)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Bond trading securities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>770</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>7,545</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>11</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>8,326</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Obligations of states, municipalities and political subdivisions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>111</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>111</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,246</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,258</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,713</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>214</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,927</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,721</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,724</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,825</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>37</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,862</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,160</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,991</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9,151</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total bond trading securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>777</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>25,321</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5,261</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>31,359</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Securities lending invested collateral:<I>(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>239</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>134</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>373</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>292</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>22</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>314</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>92</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>92</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>148</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>82</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>230</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total securities lending invested collateral </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>771</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>238</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,009</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Equity securities available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>6,750</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>455</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>33</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>7,238</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Preferred stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>774</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>48</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>822</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,171</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>57</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,229</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total equity securities available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>7,921</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,286</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>82</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>9,289</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Equity securities trading: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,083</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>105</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,189</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,310</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>699</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>16</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>12,025</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total equity securities trading </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>12,393</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>804</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>17</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>13,214</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Mortgage and other loans receivable </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>99</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>99</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other invested assets<I>(d)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,222</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,099</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8,418</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>15,739</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Unrealized gain on swaps, options and forward transactions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>100</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>44,994</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,193</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(30,381</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(5,667</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,239</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Securities purchased under agreements to resell </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,481</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,481</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Short-term investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,075</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>20,648</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>24,726</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Separate account assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>50,550</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,002</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>916</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>53,468</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>18</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>288</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>306</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>78,978</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>439,717</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>35,990</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(30,381</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(5,667</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>518,637</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <P></P> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="39%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Counterparty<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Cash<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 1</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 2</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 3</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Netting<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Collateral<I>(b)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt"><B>Liabilities:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Policyholder contract deposits </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>7,273</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>7,273</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Securities sold under agreements to repurchase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,716</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,716</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Securities and spot commodities sold but not yet purchased </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>321</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>921</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,242</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Unrealized loss on swaps, options and forward transactions<I>(e)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>37,308</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,137</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(30,381</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(13,196</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,876</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Trust deposits and deposits due to banks and other depositors </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>26</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>26</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Federal Reserve Bank of New York Commercial Paper Funding Facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,233</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,233</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Other long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>15,486</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>667</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>16,153</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Other liabilities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,277</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,277</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>329</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>65,967</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>19,077</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(30,381</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(13,196</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>41,796</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">At December&nbsp;31, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Assets: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Bonds available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>414 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>344,237 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>18,391 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>363,042 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Bond trading securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>781 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>29,480 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,987 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>37,248 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Securities lending invested collateral<I>(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,966 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>435 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,401 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Common and preferred stock available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,282 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,415 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>111 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,808 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Common and preferred stock trading </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11,199 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,133 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>12,335 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Mortgage and other loans receivable </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>131 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>131 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other invested assets<I>(d)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,853 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,175 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11,168 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>19,196 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Unrealized gain on swaps, options and forward transactions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>223 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>90,998 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,865 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(74,217 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(7,096 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>13,773 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Securities purchased under agreements to resell </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,960 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,960 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Short-term investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,247 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>16,069 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>19,316 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Separate account assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>47,902 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,410 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>830 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>51,142 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>44 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>325 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>369 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>72,901 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>499,018 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>42,115 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(74,217 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(7,096 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>532,721 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Liabilities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Policyholder contract deposits </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>5,458 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>5,458 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Securities sold under agreements to repurchase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,423 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>85 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,508 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Securities and spot commodities sold but not yet purchased </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,124 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,569 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,693 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Unrealized loss on swaps, options and forward transactions<I>(e)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>85,255 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>14,435 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(74,217 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(19,236 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,238 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Trust deposits and deposits due to banks and other depositors </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>30 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>30 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Federal Reserve Bank of New York Commercial Paper Funding Facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,802 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,802 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15,448 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,147 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>16,595 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other liabilities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,355 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,355 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,125 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>114,882 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>21,125 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(74,217 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(19,236 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>43,679 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Represents netting of derivative exposures covered by a qualifying master netting agreement in accordance with FASB Interpretation (FIN) 39, &#147;Offsetting of Amounts Related to Certain Contracts.&#148;</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Represents cash collateral posted and received. Securities collateral posted that is reflected in Fixed maturity securities in the Consolidated Balance Sheet, and collateral received, not reflected in the Consolidated Balance Sheet, amounted to $6.4&nbsp;billion and $609&nbsp;million, respectively, at June&nbsp;30, 2009 and $4.2&nbsp;billion and $1.6&nbsp;billion, respectively, at December&nbsp;31, 2008.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(c) </I></TD> <TD></TD> <TD vAlign=bottom><I>Amounts exclude short-term investments that are carried at cost, which approximates fair value of $99&nbsp;million and $442&nbsp;million at June&nbsp;30, 2009 and December&nbsp;31, 2008, respectively.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(d) </I></TD> <TD></TD> <TD vAlign=bottom><I>Approximately 12&nbsp;percent and 15&nbsp;percent of the fair value of the assets recorded as Level&nbsp;3 relates to various private equity, real estate, hedge fund and <FONT style="WHITE-SPACE: nowrap">fund-of-funds</FONT> investments that are consolidated by AIG at June&nbsp;30, 2009 and December&nbsp;31, 2008, respectively. AIG&#146;s ownership in these funds represented 37.7&nbsp;percent, or $1.6&nbsp;billion, of the Level&nbsp;3 amount at June&nbsp;30, 2009 and 27.6&nbsp;percent, or $1.7&nbsp;billion, of the Level&nbsp;3 amount at December&nbsp;31, 2008.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(e) </I></TD> <TD></TD> <TD vAlign=bottom><I>Included in Level&nbsp;3 is the fair value derivative liability of $6.5&nbsp;billion and $9.0&nbsp;billion at June&nbsp;30, 2009 and December&nbsp;31, 2008, respectively, on the AIGFP super senior credit default swap portfolio.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At June&nbsp;30, 2009, Level&nbsp;3 assets were 4.3&nbsp;percent of total assets, and Level&nbsp;3 liabilities were 2.5&nbsp;percent of total liabilities. At December&nbsp;31, 2008, Level&nbsp;3 assets were 4.9&nbsp;percent of total assets, and Level&nbsp;3 liabilities were 2.6&nbsp;percent of total liabilities. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following tables present changes during the three- and six-month periods ended June&nbsp;30, 2009 and 2008 in Level&nbsp;3 assets and liabilities measured at fair value on a recurring basis, and the realized and unrealized gains (losses) recorded in the Consolidated Statement of Income (Loss), during the three- and six-month periods ended June&nbsp;30, 2009 and 2008 related to the Level&nbsp;3 assets and liabilities that remained on the Consolidated Balance Sheet at June&nbsp;30, 2009 and 2008:</B> </DIV> <DIV style="MARGIN-TOP: 9pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 8pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="37%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=08 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=08 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=08 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=08 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Changes in<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Net<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gains<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Accumulated<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Purchases,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>(Losses) on<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Balance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gains (Losses)<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Sales,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Balance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Instruments<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Beginning<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Included<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Comprehensive<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Issuances and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Transfer<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>End<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Held at<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>of Period<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>in Income<I>(b)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Loss</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Settlements-Net</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>In (Out)</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>of Period</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>End of Period</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=26><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt"><B>Three Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt"><B>Assets:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Bonds available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(7</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>7</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Obligations of states, municipalities and political subdivisions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>630</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(46</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>206</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>10</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>802</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>562</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>37</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>32</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>628</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,619</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(20</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>493</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(281</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>211</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,022</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,834</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>29</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(19</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(209</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,637</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,562</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>28</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(23</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(60</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>680</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,187</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,246</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>25</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>153</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(143</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>15</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,296</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total bonds available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>17,455 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>62</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>595</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(462</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>924</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>18,574</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Bond trading securities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>214</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>214</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>36</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>37</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,017</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,394</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(420</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,991</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>453 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total bond trading securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,280</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,397</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(421</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,261</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>455 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <P> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 8pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="37%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=08 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=08 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=08 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=08 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Changes in<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Net<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gains<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Accumulated<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Purchases,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>(Losses) on<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Balance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gains (Losses)<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Sales,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Balance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Instruments<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Beginning<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Included<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Comprehensive<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Issuances and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Transfer<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>End<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Held at<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>of Period<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>in Income<I>(b)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Loss</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Settlements-Net</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>In (Out)</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>of Period</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>End of Period</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=26><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Securities lending invested collateral: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>307</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>14</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(107</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(80</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>134</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>23</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>22</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>91</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(9</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>82</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total securities lending invested collateral </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>398</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>28</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(108</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(80</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>238</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Equity securities available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>45</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(21</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>33</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Preferred stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>54</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(4</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>48</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total equity securities available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>100</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(25</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>82</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Equity securities trading: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>16</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total equity securities trading </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>17</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other invested assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9,688</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(393</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,586</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>576</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>133</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8,418</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(860</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Short-term investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>311</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(15</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(8</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>288</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(8</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Separate account assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>797</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>134</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(15</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>916</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>134 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>33,035 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,160</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(954</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(439</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>995</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>33,797</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(279</B> </TD> <TD vAlign=bottom noWrap align=left><B>) </B></TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt"><B>Liabilities:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Policyholder contract deposits </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(5,557</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(1,656</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(45</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(155</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>140</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(7,273</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,335</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Securities sold under agreements to repurchase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(47</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>46</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Unrealized loss on swaps, options and forward transactions, net </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(11,856</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,016</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(4</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,341</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(441</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(8,944</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,678</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(531</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(189</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>12</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>41</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(667</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>242 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(17,991</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(828</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(49</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2,244</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(260</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(16,884</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5,255 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt"><B>Six Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt"><B>Assets:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Bonds available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Obligations of states, municipalities and political subdivisions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>861</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(13</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(43</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(12</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>802</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>601</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>17</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>23</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(12</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>628</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,872</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(45</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>712</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(593</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>76</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,022</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,108</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(538</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>472</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(266</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(139</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,637</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,663</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>172</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(198</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(212</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>762</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,187</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,284</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(412</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>66</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(299</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>657</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,296</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total bonds available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>18,391 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(837</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,026</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,359</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,353</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>18,574</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Bond trading securities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>17</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(6</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>261</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(31</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(65</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>49</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>214</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(5</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(4</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>45</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(6</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>37</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(6</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,656</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,114</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(551</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,991</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>634 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total bond trading securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,987</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,162</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(618</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>54</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,261</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>625 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <P></P> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 8pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="37%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=08 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=08 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=08 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=08 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Changes in<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Net<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gains<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Accumulated<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Purchases,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>(Losses) on<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Balance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gains (Losses)<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Sales,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Balance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Instruments<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Beginning<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Included<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Comprehensive<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Issuances and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Transfer<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>End<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Held at<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>of Period<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>in Income<I>(b)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Loss</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Settlements-Net</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>In (Out)</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>of Period</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>End of Period</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=26><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Securities lending invested collateral: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>231</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>67</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(170</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>134</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>48</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(31</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>22</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>156</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(25</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(10</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(39</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>82</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total Securities lending invested collateral </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>435</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(14</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>26</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(209</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>238</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Equity securities available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>55</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(21</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(8</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>33</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Preferred stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>54</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(6</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(4</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>48</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total equity securities available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>111</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(27</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>82</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Equity securities trading: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>14</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>16</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total equity securities trading </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>14</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>17</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other invested assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,168 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,327</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,339</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>892</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>24</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8,418</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,164</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Short-term investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>325</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(9</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(28</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>288</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(8</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Separate account assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>830</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>113</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(27</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>916</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>114 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>38,250 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(3,249</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(1,325</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(1,115</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,236</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>33,797</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(433</B> </TD> <TD vAlign=bottom noWrap align=left><B>) </B></TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt"><B>Liabilities:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Policyholder contract deposits </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(5,458</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(1,501</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(183</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(271</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>140</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(7,273</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,563</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Securities sold under agreements to repurchase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(85</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>81</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Unrealized loss on swaps, options and forward transactions, net </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(10,570</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(307</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,622</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(693</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(8,944</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,185</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,147</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>253</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>134</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>93</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(667</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(176</B> </TD> <TD vAlign=bottom noWrap align=left><B>) </B></TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(17,260</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(1,551</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(179</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2,566</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(460</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(16,884</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4,572 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Three Months Ended June&nbsp;30, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Assets: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Bonds available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>17,492 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(682 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(56 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>43 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,055 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>18,852 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Bond trading securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,535 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(467 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>728 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>77 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,875 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(354 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Securities lending invested collateral </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>9,622 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,346 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>908 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(590 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(105 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,489 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Common and preferred stock available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>384 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(74 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>176 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>485 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Common and preferred stock trading </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>25 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(7 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Mortgage and other loans receivable </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other invested assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11,348 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(153 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>70 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>533 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>70 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11,868 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>166 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>337 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>334 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Separate account assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,065 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>116 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,178 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(4 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>43,808 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(2,664 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>930 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>746 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,270 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>45,090 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(198 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Liabilities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Policyholder contract deposits </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(4,118 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>129 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>13 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(203 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(4,179 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>62 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Securities sold under agreements to repurchase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(220 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(39 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>222 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(40 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Unrealized loss on swaps, options and forward transactions, net </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(20,860 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,679 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(240 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>105 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(26,674 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,496 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,838 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(25 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>182 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(8 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,689 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(12 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other liabilities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(74 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>32 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>17 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(25 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>52 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(28,110 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,546 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>12 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(283 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>320 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(33,607 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,393 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 8pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="37%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=08 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=08 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=08 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=08 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Changes in<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Net<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gains<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Accumulated<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Purchases,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>(Losses) on<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Balance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gains (Losses)<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Sales,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Balance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Instruments<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Beginning<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Included<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Comprehensive<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Issuances and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Transfer<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>End<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Held at<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>of Period<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>in Income<I>(b)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Loss</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Settlements-Net</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>In (Out)</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>of Period</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>End of Period</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=26><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Six Months Ended June&nbsp;30, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Assets: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Bonds available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>19,071 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(1,447 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(542 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(142 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,912 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>18,852 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Bond trading securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,563 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,453 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>717 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>46 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,875 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,243 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Securities lending invested collateral </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11,353 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3,138 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,087 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(818 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,489 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Common and preferred stock available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>359 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(7 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(56 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>183 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>485 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Common and preferred stock trading </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>30 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(19 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(7 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Mortgage and other loans receivable </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other invested assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>10,373 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>192 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>137 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,148 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>18 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11,868 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>818 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>141 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>193 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>334 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Separate account assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,003 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>27 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>148 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,178 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>27 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>46,893 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,827 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>692 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,171 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,161 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>45,090 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(398 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Liabilities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Policyholder contract deposits </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(3,674 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(57 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(51 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(397 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(4,179 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(221 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Securities sold under agreements to repurchase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(208 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(20 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(34 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>222 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(40 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Unrealized loss on swaps, options and forward transactions, net </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(11,718 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(14,562 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(429 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>35 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(26,674 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(14,693 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3,578 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>90 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>638 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>161 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,689 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other liabilities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(503 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(55 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>532 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(25 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>28 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(19,681 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(14,604 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(51 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>310 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>419 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(33,607 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(14,885 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Total Level&nbsp;3 derivative exposures have been netted on these tables for presentation purposes only.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Net realized and unrealized gains and losses shown above are reported in the Consolidated Statement of Income (Loss) primarily as follows:</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 9pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="50%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD width="49%">&nbsp;</TD><!-- colindex=02 type=maindata --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>Major Category of Assets/Liabilities</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=left><B>Consolidated Statement of Income (Loss) Line Items</B> </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Bonds available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=top align=left>&#149; Net realized capital gains (losses) </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Bond trading securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=top align=left>&#149; Net investment income </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=top align=left>&#149; Other income </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other invested assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=top align=left>&#149; Net realized capital gains (losses) </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=top align=left>&#149; Other income </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Policyholder contract deposits </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=top align=left>&#149; Policyholder benefits and claims incurred </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=top align=left>&#149; Net realized capital gains (losses) </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Unrealized loss on swaps, options and forward transactions, net </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 4pt; TEXT-INDENT: -4pt">&#149; Unrealized market valuation gains (losses) on AIGFP super senior credit default swap portfolio </DIV></TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=top align=left>&#149; Net realized capital gains (losses) </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=top align=left>&#149; Other income </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Both observable and unobservable inputs may be used to determine the fair values of positions classified in Level&nbsp;3 in the tables above. As a result, the unrealized gains (losses) on instruments held at June&nbsp;30, 2009 and 2008&nbsp;may include changes in fair value that were attributable to both observable (e.g., changes in market interest rates) and unobservable inputs (e.g., changes in unobservable long-dated volatilities). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG uses various hedging techniques to manage risks associated with certain positions, including those classified within Level&nbsp;3. Such techniques may include the purchase or sale of financial instruments that are classified within Level&nbsp;1 <FONT style="WHITE-SPACE: nowrap">and/or</FONT> Level&nbsp;2. As a result, the realized and unrealized gains (losses) for assets and liabilities classified within Level&nbsp;3 presented in the table above do not reflect the related realized or unrealized gains (losses) on hedging instruments that are classified within Level&nbsp;1 <FONT style="WHITE-SPACE: nowrap">and/or</FONT> Level&nbsp;2. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Changes in the fair value of separate and variable account assets are completely offset in the Consolidated Statement of Income (Loss) by changes in separate and variable account liabilities, which are not carried at fair value and therefore not included in the tables above. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Fair Value Measurements on a Non-Recurring Basis</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG also measures the fair value of certain assets on a non-recurring basis, generally quarterly, annually, or when events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable. These assets include cost and equity-method investments, life settlement contracts, flight equipment primarily under operating leases, collateral securing foreclosed loans and real estate and other fixed assets, goodwill, and other intangible assets. AIG uses a variety of techniques to measure the fair value of these assets when appropriate, as described below: </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Cost and Equity-Method Investments:</I>&nbsp;&nbsp;When AIG determines that the carrying value of these assets may not be recoverable, AIG records the assets at fair value with the loss recognized in income. In such cases, AIG measures the fair value of these assets using the techniques discussed in Fair Value Measurements on a Recurring Basis&nbsp;&#151; Fair Value Hierarchy, above, for fixed maturities and equity securities. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Life Settlement Contracts:</I>&nbsp;&nbsp;AIG measures the fair value of individual life settlement contracts (which are included in other invested assets) whenever the carrying value plus the undiscounted future costs that are expected to be incurred to keep the life settlement contract in force exceed the expected proceeds from the contract. In those situations, the fair value is determined on a discounted cash flow basis, incorporating current life expectancy assumptions. The discount rate incorporates current information about market interest rates, the credit exposure to the insurance company that issued the life settlement contract and AIG&#146;s estimate of the risk margin an investor in the contracts would require. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Flight Equipment Primarily Under Operating Leases:</I>&nbsp;&nbsp;When AIG determines the carrying value of its commercial aircraft may not be recoverable, AIG records the aircraft at fair value with the loss recognized in income. AIG measures the fair value of its commercial aircraft using an income approach based on the present value of all cash flows from existing and projected lease payments (based on historical experience and current expectations regarding market participants) including net contingent rentals for the period extending to the end of the aircraft&#146;s economic life in its highest and best use configuration, plus its disposition value. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Collateral Securing Foreclosed Loans and Real Estate and Other Fixed Assets:</I> When AIG takes collateral in connection with foreclosed loans, AIG generally bases its estimate of fair value on the price that would be received in a current transaction to sell the asset by itself, by reference to observable transactions for similar assets. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Goodwill:</I>&nbsp;&nbsp;AIG tests goodwill annually for impairment or more frequently whenever events or changes in circumstances indicate the carrying amount of goodwill may not be recoverable. When AIG determines goodwill may be impaired, AIG uses techniques including market-based earning multiples of peer companies, discounted expected future cash flows, appraisals, or, in the case of reporting units being considered for sale, third-party indications of fair value of the reporting unit, if available, to determine the amount of any impairment. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Long-Lived Assets:</I>&nbsp;&nbsp;AIG tests its long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount of a long-lived asset may not be recoverable. AIG measures the fair value of long-lived assets based on an in-use premise that considers the same factors used to estimate the fair value of its real estate and other fixed assets under an in-use premise discussed above. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Finance Receivables Held for Sale:</I> </TD></TR></TBODY></TABLE> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="6%"></TD> <TD width="2%"></TD> <TD width="92%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>Originated as held for sale<I>&nbsp;&#151; </I>AIG determines the fair value of finance receivables originated as held for sale by reference to available market indicators such as current investor yield requirements, outstanding forward sale commitments, or negotiations with prospective purchasers, if any. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>Originated as held for investment&nbsp;&#151; AIG determines the fair value of finance receivables originated as held for investment based on negotiations with prospective purchasers, if any, or by using projected cash flows discounted at the weighted average interest rates offered in the marketplace for similar finance receivables. Cash flows are projected based on contractual payment terms, adjusted for delinquencies and estimates of prepayments and credit-related losses. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>Assets measured at fair value on a non-recurring basis on which impairment charges were recorded, and the related impairment charges, were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="42%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=08 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=08 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=08 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=08 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=09 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=09 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=09 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=09 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=14><B>Impairment Charges</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>Assets at Fair Value<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Ended<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=14><B>Non-Recurring Basis</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 1</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 2</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 3</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=30><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>At June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Goodwill </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>45 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Real estate owned </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,278</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,278</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>341</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>22 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>499</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>22 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Finance receivables </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>754</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>754</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>79</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>79</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>716</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>716</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>77</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>369</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Aircraft </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>24</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>24</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>16</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>16</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>108</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>187</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>295</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>39</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>13 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>111</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>13 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>108</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4,959</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5,067</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>552</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>50 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,074</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>95 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">At December&nbsp;31, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Real estate owned </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,379 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,379 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,122 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,137 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>29 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,160 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,189 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>15 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>29 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>5,661 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>5,705 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>During 2009, AIG recognized impairment charges primarily attributable to certain investment real estate and other long-lived assets, which were included in Other income. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Fair Value Option</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>FAS&nbsp;159 permits a company to choose to measure at fair value many financial instruments and certain other assets and liabilities that are not required to be measured at fair value. Subsequent changes in fair value for designated items are required to be reported in income. Unrealized gains and losses on financial instruments in AIG&#146;s insurance businesses and in AIGFP for which the fair value option was elected under FAS&nbsp;159 are classified in Policyholder benefit and claims incurred and in Other income, respectively, in the Consolidated Statement of Income (Loss). </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents the gains or losses recorded during the three- and six-month periods ended June&nbsp;30, 2009 and 2008 related to the eligible instruments for which AIG elected the fair value option:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="64%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Gain (Loss)<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Gain (Loss)<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>Ended June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>Ended June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>(In millions)</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Mortgage and other loans receivable </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>18</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>11 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(29</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>79 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Trading securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,402</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(718 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(269</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,151 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Trading&nbsp;&#151; ML&nbsp;II and ML&nbsp;III </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>885</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,316</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Securities purchased under agreements to resell </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>307 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(9</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>575 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other invested assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(24</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>12 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Short-term investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>43 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>67 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Policyholder contract deposits<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(543</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(591</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>118 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Securities sold under agreements to repurchase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(100</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(120 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>21</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(416 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Securities and spot commodities sold but not yet purchased </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(48</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(34 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(82</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Trust deposits and deposits due to banks and other depositors </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(54</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(43</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(11 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>468</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>582 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,055</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(391 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other liabilities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(251</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(286 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(113</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(319 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total gain (loss)<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,784</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(206 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>600</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(1,450 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>AIG elected to apply the fair value option to certain single premium variable life products in Japan and an investment-linked life insurance product sold principally in Asia, both classified within policyholder contract deposits in the Consolidated Balance Sheet. AIG elected the fair value option for these liabilities to more closely align its accounting with the economics of its transactions. For the investment-linked product sold principally in Asia, the election more effectively aligns changes in the fair value of assets with a commensurate change in the fair value of policyholders&#146; liabilities. For the single premium life products in Japan, the fair value option election allows AIG to economically hedge the inherent market risks associated with this business in an efficient and effective manner through the use of derivative instruments. The hedging program, which was completely implemented in the third quarter of 2008, results in an accounting presentation for this business that more closely reflects the underlying economics and the way the business is managed, with the change in the fair value of derivatives and underlying assets largely offsetting the change in fair value of the policy liabilities. AIG did not elect the fair value option for other liabilities classified in policyholder contract deposits because other contracts do not share the same contract features that created the disparity between the accounting presentation and the economic performance.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Not included in the table above were gains of $2.5&nbsp;billion and losses of $6.3&nbsp;billion for the three-month periods ended June&nbsp;30, 2009 and 2008, respectively, and gains of $3.2&nbsp;billion and losses of $14.5&nbsp;billion for the six-month periods ended June&nbsp;30, 2009 and 2008, respectively, that were primarily due to changes in the fair value of derivatives, trading securities and certain other invested assets for which the fair value option under FAS&nbsp;159 was not elected. Included in these amounts were unrealized market valuation gains of $636&nbsp;million and losses of $5.6&nbsp;billion for the three-month periods ended June&nbsp;30, 2009 and 2008, respectively, and gains of $184&nbsp;million and losses of $14.7&nbsp;billion for the six-month periods ended June&nbsp;30, 2009 and 2008, respectively, related to AIGFP&#146;s super senior credit default swap portfolio.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Interest income and expense and dividend income on assets and liabilities elected under the fair value option are recognized and classified in the Consolidated Statement of Income (Loss) depending on the nature of the instrument and related market conventions. For AIGFP related activity, interest, dividend income, and interest expense are included in other income. Otherwise, interest and dividend income are included in net investment income in the Consolidated Statement of Income (Loss). See Note&nbsp;1(a) to the Consolidated Financial Statements in the 2008 Financial Statements for additional information about AIG&#146;s policies for recognition, measurement, and disclosure of interest and dividend income and interest expense. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>During the three- and six-month periods ended June&nbsp;30, 2009, AIG recognized a loss of $576&nbsp;million and a gain of $624&nbsp;million, respectively, and during the three- and six-month periods ended June&nbsp;30, 2008, AIG recognized a loss of $169&nbsp;million and a gain of $1.3&nbsp;billion, respectively, attributable to the observable effect of changes in credit spreads on AIG&#146;s own liabilities for which the fair value option was elected. AIG calculates the effect of these credit spread changes using discounted cash flow techniques that incorporate current market interest rates, AIG&#146;s observable credit spreads on these liabilities and other factors that mitigate the risk of nonperformance such as collateral posted. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents the difference between fair values and the aggregate contractual principal amounts of mortgage and other loans receivable and long-term borrowings, for which the fair value option was elected:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="37%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=10><B>At June&nbsp;30,&nbsp;2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=10><B>At December&nbsp;31,&nbsp;2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Outstanding<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Outstanding<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Principal<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Principal<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Amount</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Difference</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Amount</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Difference</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Assets:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Mortgage and other loans receivable </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>99</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>248</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(149</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>131 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>244 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(113 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Liabilities:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>14,623</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>13,584</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,039</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>21,285 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>16,827 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>4,458 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At June&nbsp;30, 2009 and December&nbsp;31, 2008, there were no significant mortgage or other loans receivable for which the fair value option was elected that were 90&nbsp;days or more past due and in non-accrual status. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Fair Value Information about Financial Instruments Not Measured at Fair Value</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Commencing in the second quarter of 2009, FAS&nbsp;107, as amended by FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;107-1,</FONT> requires quarterly disclosure of fair value information about financial instruments for which it is practicable to estimate such fair value. FAS&nbsp;107 excludes certain financial instruments, including those related to insurance contracts and lease contracts. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Information regarding the estimation of fair value for financial instruments not carried at fair value is discussed below: </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Mortgage and other loans receivable:</I>&nbsp;&nbsp;Fair values of loans on real estate and collateral loans were estimated for disclosure purposes using discounted cash flow calculations based upon discount rates that AIG believes market participants would use in determining the price they would pay for such assets. For certain loans, AIG&#146;s current incremental lending rates for similar type loans is used as the discount rate, as it is believed that this rate approximates the rates market participants would use. The fair values of policy loans were not estimated as AIG believes it would have to expend excessive costs for the benefits derived. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Finance receivables:</I>&nbsp;&nbsp;Fair values of net finance receivables, less allowance for finance receivable losses, were estimated for disclosure purposes using projected cash flows, computed by category of finance receivable, discounted at the weighted average interest rates offered in the marketplace for similar finance receivables. Cash flows were projected based on contractual payment terms adjusted for delinquencies and estimates of prepayments and credit-related losses. The fair value estimates do not reflect the underlying customer relationships or the related distribution systems. </TD></TR></TBODY></TABLE> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Securities lending payable:</I>&nbsp;&nbsp;The contract values of securities lending payable approximate fair value as these obligations are short-term in nature. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Cash, short-term investments, trade receivables, trade payables, securities purchased (sold) under agreements to resell (repurchase), and commercial paper and other short-term debt:</I>&nbsp;&nbsp;The carrying values of these assets and liabilities approximate fair values because of the relatively short period of time between origination and expected realization. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Policyholder contract deposits associated with investment-type contracts:</I>&nbsp;&nbsp;Fair values for policyholder contract deposits associated with investment-type contracts not accounted for at fair value were estimated for disclosure purposes using discounted cash flow calculations based upon interest rates currently being offered for similar contracts with maturities consistent with those remaining for the contracts being valued. Where no similar contracts are being offered, the discount rate is the appropriate tenor swap rates (if available) or current risk-free interest rates consistent with the currency in which the cash flows are denominated. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Trust deposits and deposits due to banks and other depositors:</I>&nbsp;&nbsp;The fair values of certificates of deposit which mature in more than one year are estimated for disclosure purposes using discounted cash flow calculations based upon interest rates currently offered for deposits with similar maturities. For demand deposits and certificates of deposit which mature in less than one year, carrying values approximate fair value. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Long-term debt:</I>&nbsp;&nbsp;Fair values of these obligations were determined for disclosure purposes by reference to quoted market prices, where available and appropriate, or discounted cash flow calculations based upon AIG&#146;s current market-observable implicit-credit-spread rates for similar types of borrowings with maturities consistent with those remaining for the debt being valued. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents the carrying value and estimated fair value of AIG&#146;s financial instruments as required by FAS&nbsp;107:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="57%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>June&nbsp;30,&nbsp;2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>December&nbsp;31,&nbsp;2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Carrying<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Carrying<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Assets: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Fixed maturities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>386,175</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>386,175</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>404,134 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>404,134 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Equity securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>22,503</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>22,503</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>21,143 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>21,143 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Mortgage and other loans receivable </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>32,380</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>30,300</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>34,687 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>35,056 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Finance receivables, net of allowance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>25,342</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>22,217</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>30,949 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>28,731 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other invested assets<I><SUP style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">*</SUP></I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>42,048</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>42,681</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>50,381 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>52,094 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Securities purchased under agreements to resell </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,481</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,481</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,960 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,960 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Short-term investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>59,336</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>59,336</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>46,666 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>46,666 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Cash </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,802</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,802</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,642 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,642 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Trade receivables </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>817</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>817</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,901 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,901 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Unrealized gain on swaps, options and forward transactions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,239</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,239</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>13,773 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>13,773 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Liabilities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Policyholder contract deposits associated with investment-type contracts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>172,688 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>174,238</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>179,478 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>176,783 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Securities sold under agreements to repurchase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,191</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,191</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5,262 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5,262 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Trade payables </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>780</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>780</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>977 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>977 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Securities and spot commodities sold but not yet purchased </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,242</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,242</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,693 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,693 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Unrealized loss on swaps, options and forward transactions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,876</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,876</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,238 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,238 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Trust deposits and deposits due to banks and other depositors </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,687</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,687</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,498 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,469 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Commercial paper and other short-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>197</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>197</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>613 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>613 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Federal Reserve Bank of New York Commercial Paper Funding Facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,152</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,152</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15,105 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15,105 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Federal Reserve Bank of New York credit facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>44,816</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>41,097</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>40,431 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>40,708 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>123,528 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>92,316</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>137,054 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>101,467 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Securities lending payable </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,533</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,533</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,879 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,879 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="1%"></TD> <TD width="1%"></TD> <TD width="98%"></TD></TR> <TR> <TD vAlign=top align=middle><I>* </I></TD> <TD></TD> <TD vAlign=bottom><I>Excludes aircraft asset investments held by non-Financial Services subsidiaries.</I></TD></TR></TBODY></TABLE></BODY></HTML> <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 128px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=128 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">11.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Employee Benefits</FONT></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The components of the net periodic benefit cost with respect to pensions and other postretirement benefits were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="55%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=10><B>Pensions</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=10><B>Postretirement</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Non U.S.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>U.S.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Non U.S.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>U.S.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Plans</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Plans</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Plans</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Plans</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Three Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Components of net periodic benefit cost: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Service cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>29</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>39</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>68</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Interest cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>14</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>54</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>68</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Expected return on assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(7</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(59</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(66</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Amortization of prior service credit </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(4</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Amortization of net actuarial losses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>10</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>23</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>33</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net periodic benefit cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>48</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>56</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>104</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>7</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>10</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="55%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=10><B>Pensions</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=10><B>Postretirement</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Non U.S.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>U.S.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Non U.S.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>U.S.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Plans</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Plans</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Plans</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Plans</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Three Months Ended June&nbsp;30, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Components of net periodic benefit cost: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Service cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>26 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>32 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>58 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Interest cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>14 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>50 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>64 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Expected return on assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(12 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(59 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(71 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Amortization of prior service credit </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Amortization of net actuarial losses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net periodic benefit cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>31 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>27 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>58 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Six Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Components of net periodic benefit cost: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Service cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>60</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>80</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>140</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>10</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Interest cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>30</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>109</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>139</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>10</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Expected return on assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(16</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(114</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(130</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Amortization of prior service credit </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(6</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(7</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Amortization of net actuarial losses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>21</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>47</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>68</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net periodic benefit cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>97</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>121</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>218</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>7</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>11</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>18</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Six Months Ended June&nbsp;30, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Components of net periodic benefit cost: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Service cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>50 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>64 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>114 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Interest cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>28 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>100 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>128 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>10 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Expected return on assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(23 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(119 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(142 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Amortization of prior service credit </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Amortization of net actuarial losses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>16 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net periodic benefit cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>59 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>53 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>112 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>12 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>18 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In connection with the sale of HSB on March&nbsp;31, 2009, AIG recognized in income as part of the net gain from the sale, a net settlement gain of $57&nbsp;million due to the transfer of certain HSB-sponsored pension plans in the first quarter. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>As of the end of the first six months of 2009, AIG has contributed $509&nbsp;million to its U.S.&nbsp;and <FONT style="WHITE-SPACE: nowrap">non-U.S.&nbsp;pension</FONT> plans and expects to contribute approximately an additional $91&nbsp;million during 2009. Such subsequent 2009 contributions will depend, however, on various factors including AIG&#146;s liquidity, asset dispositions, market performance and management discretion. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In connection with the closing of the sale of 21st&nbsp;Century Insurance Group on July&nbsp;1, 2009, AIG will remeasure certain of its pension and postretirement plans to determine the curtailment/settlement effect. The effect of remeasurement is expected to result in an increase to Accumulated other comprehensive loss of approximately $226&nbsp;million and a net loss of approximately $63&nbsp;million. In addition, the remeasurement is expected to reduce the estimated 2009 expense for the AIG U.S.&nbsp;Retirement Plan by approximately $50&nbsp;million. </DIV></BODY></HTML> <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 295px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=295 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">9.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Ownership and Transactions With Related Parties</FONT></B> </TD></TR></TBODY></TABLE><!-- XBRL,body --> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>(a)&nbsp;Ownership:</I>&nbsp;&nbsp;According to the Schedule&nbsp;13D filed on June&nbsp;5, 2009 by Maurice&nbsp;R. Greenberg, Edward&nbsp;E. Matthews, Starr International Company, Inc. (Starr International), C.V. Starr&nbsp;&amp; Co. (CV Starr), Inc., Universal Foundation, Inc. (Universal Foundation), The Maurice&nbsp;R. and Corinne&nbsp;P. Greenberg Family Foundation, Inc., Maurice&nbsp;R. and Corinne&nbsp;P. Greenberg Joint Tenancy Company, LLC and C.V. Starr&nbsp;&amp; Co., Inc. Trust. Mr.&nbsp;Greenberg, Mr.&nbsp;Matthews, Starr International, CV Starr and Universal Foundation could be deemed to beneficially own 14,146,455&nbsp;shares of AIG&#146;s common stock at that date. Based on the shares of AIG&#146;s common stock outstanding at July&nbsp;31, 2009, this ownership would represent approximately 10.5&nbsp;percent of the common stock of AIG. Although these reporting persons may have made filings under Section&nbsp;16 of the Securities Exchange Act of 1934 (the Exchange Act), reporting sales of shares of common stock, no amendment to the Schedule&nbsp;13D has been filed to report a change in ownership subsequent to June&nbsp;5, 2009. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>(b)&nbsp;Reinsurance:</I>&nbsp;&nbsp;Following its deconsolidation, Transatlantic is considered a related party due to AIG&#146;s ownership of 13.9&nbsp;percent of Transatlantic&#146;s common stock outstanding. At June&nbsp;30, 2009 AIG&#146;s credit exposure to Transatlantic in the form of uncollateralized reinsurance assets totaled approximately $1.5&nbsp;billion. At June&nbsp;30, 2009, Transatlantic represented AIG&#146;s largest third-party reinsurer. Transatlantic&#146;s core operating subsidiaries have financial strength ratings of A+ by S&amp;P and A by A.M.&nbsp;Best; the issuer credit rating is &#147;a&#148; by A.M.&nbsp;Best. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>(c)&nbsp;</I>For discussion of the AIG Series&nbsp;C Preferred Stock and the ownership by the Trust, see Note&nbsp;8 herein.</DIV></BODY></HTML> <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 145px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=145 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">12.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Federal Income Taxes </FONT></B></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Interim Period Tax Assumptions and Effective Tax Rates</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The U.S.&nbsp;federal income tax rate is 35&nbsp;percent for 2009. Actual tax expense on income (loss) differs from the statutory amount computed by applying the federal income tax rate because of the following:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="63%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months Ended<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30, 2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30, 2009</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Percent<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Percent<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>of Pre-tax<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>of Pre-tax<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Amount</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Income</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Amount</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Income</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>(dollars in millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">U.S. federal income tax at statutory rate </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>462 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>35.0 </TD> <TD vAlign=bottom noWrap align=left>% </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(1,767 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>35.0 </TD> <TD vAlign=bottom noWrap align=left>% </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Adjustments: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Valuation allowance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,828 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(138.6 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(195 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Effect of foreign operations </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(104 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(7.9 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(50 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Uncertain tax positions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>360 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>27.3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>403 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(8.0 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Tax exempt interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(170 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(12.9 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(366 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7.2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">FIN&nbsp;46(R) income </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>17 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1.3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>290 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5.7 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Dividends received deduction </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(40 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3.0 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(71 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1.4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">State income taxes </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(37 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2.8 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>41 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(0.8 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Investment in subsidiaries </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>720 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>54.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(156 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3.1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>94 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>110 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2.2 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Actual income tax expense </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(526 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(40.0 </TD> <TD vAlign=bottom noWrap align=left>)% </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(1,761 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>34.9 </TD> <TD vAlign=bottom noWrap align=left>% </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The effective tax rate on pre-tax income for the three-month period ended June&nbsp;30, 2009 was (40.0) percent. The effective tax rate was negative because AIG recorded a tax benefit on pre-tax income. The tax benefit was due primarily to a $1.8&nbsp;billion decrease in the deferred tax valuation allowance resulting from the effects of recently announced transactions, including the sale of AIG&#146;s headquarters building in Tokyo. This benefit was partially offset by $720&nbsp;million of deferred tax expense mainly attributable to the book and tax basis differences of AIG Parent&#146;s investment in subsidiaries, primarily attributable to AIG&#146;s divestiture plan, and an increase of $360&nbsp;million in the reserve for uncertain tax positions and other discrete period items. The effective tax rate on the pre-tax loss for the six months ended June&nbsp;30, 2009 was 34.9&nbsp;percent. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The effective tax rate on the pre-tax loss for the three-month period ended June&nbsp;30, 2008 was 38.4&nbsp;percent. The effective tax rate was higher than the statutory rate of 35&nbsp;percent due primarily to tax benefits from foreign operations and tax exempt interest. The effective tax rate on the pre-tax loss for the six-month period ended June&nbsp;30, 2008 was 34.4&nbsp;percent. The effective tax rate was adversely affected by $703&nbsp;million of tax charges from the first three months of 2008, comprised of increases in the reserve for uncertain tax positions, tax benefits from foreign operations and tax exempt income and other discrete period items. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG is unable to make a reliable estimate of the annual effective tax rate for 2009 due to the significant variations in the customary relationship between income tax expense and pre-tax accounting income or loss; consequently, the actual effective tax rate for the interim period is being utilized. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Valuation Allowances on Deferred Tax Assets</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG recorded a net deferred tax asset after valuation allowance of $12.8&nbsp;billion at June&nbsp;30, 2009 and $11.0&nbsp;billion at December&nbsp;31, 2008. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>A rollforward of the net deferred tax asset was as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="63%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="13%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Deferred<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Net<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Tax Asset Before<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Valuation<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Deferred<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Valuation Allowance</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Allowance</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Tax Asset</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=10><B>(In billions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Six Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, beginning of year recorded in: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated deficit </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>27.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(20.9 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>6.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated other comprehensive loss </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4.4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4.4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, beginning of year </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>31.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(20.9 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Effect of adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> recorded in: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated deficit </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5.2 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2.7 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2.5 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated other comprehensive loss </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5.2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(0.2 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total Effect of adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Benefit (provision) for the six months ended June&nbsp;30, 2009 recorded in: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Income tax expense (benefit) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3.4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other comprehensive income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3.0 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(0.4 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3.4 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total Benefit (provision) for the six months ended June&nbsp;30, 2009 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(0.2 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Effect of sales/deconsolidations on: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated deficit </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(0.9 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(0.9 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated other comprehensive loss </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total effect of sales/deconsolidations </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(0.9 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(0.9 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, end of period recorded in: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated deficit </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>24.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(18.0 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated other comprehensive loss </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(0.6 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, end of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>31.4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(18.6 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>12.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG reduced its deferred tax asset valuation allowance by $2.5&nbsp;billion as a result of the adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2.</FONT> This decrease reflected the reversal of that portion of the allowance pertaining to the other-than-temporary severity impairments reclassified from Accumulated deficit to Accumulated other comprehensive loss. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In addition, AIG recorded an income tax benefit through the income statement of $0.2&nbsp;billion for the six months ended June&nbsp;30, 2009 comprised of a $1.6&nbsp;billion charge in the first quarter offset by a $1.8&nbsp;billion benefit in the second quarter. The charge in the first quarter reflected management&#146;s revised projection of future income. The benefit in the second quarter was primarily related to the favorable effects of the aforementioned recently announced transactions. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG also recognized a $0.4&nbsp;billion charge for the three and six months ended June&nbsp;30, 2009 in Other comprehensive income (loss) related primarily to certain available for sale fixed maturity securities for which management could no longer assert it has the intent and ability to hold to recovery for tax purposes. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At June&nbsp;30, 2009, AIG reported a net deferred tax asset after valuation allowance of $12.8&nbsp;billion. This asset was net of $4.2&nbsp;billion of net deferred tax liabilities related to foreign subsidiaries and certain domestic subsidiaries that file separate tax returns. Management determined that it is more likely than not that the remaining $17.0&nbsp;billion net deferred tax asset is realizable. AIG has also determined that no valuation allowance is required on $4.3&nbsp;billion of tax benefit on available for sale fixed maturity securities that management has asserted it has the ability and intent to hold to recovery. The remaining $12.7&nbsp;billion of net deferred tax asset is supported based on management&#146;s assessment of future income, principally related to AIG&#146;s divestiture plan. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Realization of AIG&#146;s net deferred tax asset depends on AIG&#146;s ability to consummate the AIA and ALICO transactions and to generate sufficient future taxable income of the appropriate character within carryforward periods of the jurisdictions in which the net operating and capital losses, tax credits and deductible temporary differences were incurred. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Estimates of future taxable income could change in the near term, perhaps materially, which may require AIG to adjust its valuation allowance. Such adjustment, either positive or negative, could be material to AIG&#146;s consolidated financial condition or its results of operations. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>When making its assessment about the realization of its deferred tax assets at June&nbsp;30, 2009, AIG considered all available evidence, including (i)&nbsp;the nature, frequency, and severity of current and cumulative financial reporting losses, (ii)&nbsp;actions completed to date and additional actions expected to be completed, (iii)&nbsp;the carryforward periods for the net operating and capital loss and foreign tax credit carryforwards, (iv)&nbsp;the sources and timing of future taxable income, giving greater weight to discrete sources and to earlier years in the forecast period, and (v)&nbsp;tax planning strategies that would be implemented, if necessary, to accelerate taxable amounts. Management has also considered the period during which it expects to receive support from the FRBNY. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At June&nbsp;30, 2009, AIG has deferred tax assets related to stock compensation of $211&nbsp;million. Due to the significant decline in AIG&#146;s stock price, these deferred tax assets may not be realizable in the future. FAS&nbsp;123(R), &#147;Share-Based Payments,&#148; precludes AIG from recognizing an impairment charge on these assets until the related stock awards are exercised, vested or expired. Any charge associated with the deferred tax assets is reported in additional paid-in capital until the pool of previously recognized tax benefits recorded in additional paid-in capital is reduced to zero. Income tax expense would be recognized for any additional charge. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Tax Litigation</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On February&nbsp;26, 2009, AIG filed a complaint in the United States District Court for the Southern District of New York seeking a refund of approximately $306&nbsp;million in taxes, interest and penalties paid with respect to its 1997 taxable year. AIG alleges that the IRS improperly disallowed foreign tax credits and that AIG&#146;s taxable income should be reduced as a result of AIG&#146;s 2005 restatement of its consolidated financial statements. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FIN&nbsp;48</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At June&nbsp;30, 2009 and December&nbsp;31, 2008, AIG&#146;s unrecognized tax benefits, excluding interest and penalties, were $3.7&nbsp;billion and $3.4&nbsp;billion, respectively. The increase during the first six months of 2009 is primarily attributable to foreign tax credits associated with cross border financing transactions. At both June&nbsp;30, 2009 and December&nbsp;31, 2008, AIG&#146;s unrecognized tax benefits included $0.7&nbsp;billion related to tax positions the disallowance of which would not affect the effective tax rate. Accordingly, at June&nbsp;30, 2009 and December&nbsp;31, 2008, the amounts of unrecognized tax benefits that, if recognized, would favorably affect the effective tax rate were $3.0&nbsp;billion and $2.7&nbsp;billion, respectively. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Interest and penalties related to unrecognized tax benefits are recognized in income tax expense. At June&nbsp;30, 2009 and December&nbsp;31, 2008 AIG had accrued $553&nbsp;million and $426&nbsp;million, respectively, for the payment of interest (net of the federal benefit) and penalties. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG continually evaluates adjustments proposed by taxing authorities. At June&nbsp;30, 2009, such proposed adjustments would not result in a material change to AIG&#146;s consolidated financial condition, although it is possible that the effect could be material to AIG&#146;s consolidated results of operations for an individual reporting period. Although it is reasonably possible that a change in the balance of unrecognized tax benefits may occur within the next twelve months, at this time it is not possible to estimate the range of the change due to the uncertainty of the potential outcomes. </DIV></BODY></HTML> 131000000 5458000000 4508000000 30000000 16595000000 1355000000 6802000000 15105000000 40431000000 1921000000 21735000000 6728000000 -6081000000 5565000000 3116000000 19933000000 42407000000 11682000000 -12170000000 14672000000 6717000000 33964000000 18450000000 6029000000 1333000000 2877000000 28689000000 -8756000000 -3357000000 -5399000000 -42000000 -5357000000 34332000000 11641000000 2605000000 5406000000 53984000000 -20020000000 -6894000000 36000000 -13162000000 -13126000000 45000000 -14672000000 494000000 -857000000 -2086000000 151000000 7343000000 1799000000 578000000 12370000000 97000000 9748000000 1104000000 -196000000 9160000000 -118000000 25000000 851000000 -6960000000 52000000 -1426000000 6446000000 -930000000 3993000000 4353000000 1237000000 -1531000000 279000000 477000000 207000000 29254000000 16128000000 31608000000 10418000000 4861000000 33000000 14120000000 372000000 8715000000 3457000000 6757000000 47114000000 5808000000 88000000 9244000000 2950000000 11988000000 3340000000 8778000000 6315000000 663000000 18832000000 -186000000 -22140000000 2829000000 177000000 33322000000 27926000000 682000000 1930000000 55685000000 56645000000 -6919000000 193000000 543000000 7343000000 11000000 1000000000 1036000000 115000000 5912000000 3493000000 66000000 3815000000 1912000000 153000000 -162000000 -57000000 1196000000 124000000 11000000 5000000 13000000 3000000 -8618000000 -21744000000 -36000000 -21708000000 -221000000 -127000000 144000000 50000000 7000000 5000000 -2670000000 -8069000000 -80000000 -7989000000 134575809 12260000000 12260000000 90000000 6720000000 6720000000 639000000 60805000000 62133000000 <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 103px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=103 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">2.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Restructuring</FONT></B> </TD></TR></TBODY></TABLE><!-- XBRL,body --> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG is executing an organization-wide restructuring plan under which some of its operations are being divested, some will be held for later divestiture, some are being prepared for potential offerings to the public, and some will be retained. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Successful execution of the restructuring plan involves significant separation activities. Accordingly, AIG established retention programs for its key employees to maintain ongoing business operations and to facilitate the successful execution of the restructuring plan, although some payments have been delayed. Additionally, given the market disruption in the first quarter of 2008, AIGFP established a retention plan for its employees to manage and unwind its complex businesses. Other major activities include the separation of shared services, corporate functions, infrastructure and assets among business units. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In connection with its restructuring and separation activities, AIG expects to incur significant expenses, including legal, banking, accounting, consulting and other professional fees. In addition, AIG is contractually obligated to reimburse or advance certain professional fees and other expenses incurred by the FRBNY and the trustees of the AIG Credit Facility Trust, a trust established for the sole benefit of the United States Treasury (Trust). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Based on AIG&#146;s announced plans, AIG has made estimates of these expenses, although for some restructuring and separation activities estimates cannot be reasonably made due to the evolving nature of the plans and the uncertain timing of the transactions involved. Future reimbursement or advancement payments to the FRBNY and the trustees cannot reasonably be estimated by AIG. Even for those expenses that have been estimated, actual expenses will vary depending on the identity of the ultimate purchasers of the divested entities or counterparties to transactions, the transactions and activities that ultimately are consummated or undertaken, and the ultimate time period over which these activities occur. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>For those restructuring and separation expenses that have been incurred or can be reasonably estimated, the total expenses incurred and expected to be incurred are approximately $2.7&nbsp;billion at June&nbsp;30, 2009, as set forth in the table below. This amount excludes expenses that could not be reasonably estimated at June&nbsp;30, 2009, as well as any expenses (principally professional fees) that are expected to be capitalized. With respect to the FRBNY and the trustees of the Trust, this amount includes only actual reimbursement and advancement payments made through June&nbsp;30, 2009. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>Restructuring expenses and related asset impairment and other expenses by operating segment consisted of the following:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="40%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Life Insurance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>General<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>&amp; Retirement<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Financial<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Asset<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Insurance</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Services</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Services</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Management</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Other<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt"><B>Three Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Restructuring expenses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>24 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>43 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>144 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>217 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Separation expenses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>42 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>36 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>31 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>12 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>126 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>43 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>60 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>74 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>10 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>156 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>343 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt"><B>Six Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Restructuring expenses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>33 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>101 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>276 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>420 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Separation expenses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>73 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>82 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>82 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>16 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>32 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>285 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>74 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>115 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>183 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>25 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>308 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>705 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Cumulative amounts incurred since inception of restructuring plan </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>158 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>183 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>521 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>94 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>558 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,514 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total amounts expected to be incurred<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>294 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>322 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>741 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>110 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,240 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,707 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Primarily includes professional fees related to (i)&nbsp;disposition activities and (ii)&nbsp;AIG&#146;s capital restructuring program with the FRBNY and the Department of the Treasury.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Includes cumulative amounts incurred and future amounts to be incurred that can be reasonably estimated at June&nbsp;30, 2009.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>A rollforward of the restructuring liability, reported in Other liabilities on AIG&#146;s consolidated balance sheet, for the six months ended June&nbsp;30, 2009, the cumulative amounts incurred since inception of restructuring plan, and the total amounts expected to be incurred are summarized as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="39%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=08 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=08 type=lead --> <TD align=right width="9%">&nbsp;</TD><!-- colindex=08 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=08 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Total<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Contract<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Asset<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Subtotal<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Restructuring<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left><B>Six Months Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Severance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Termination<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Write-<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Exit<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Restructuring<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Separation<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>and&nbsp;Separation<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left><B>June&nbsp;30, 2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Downs</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=26><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Liability balance, at beginning of year </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>77 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>27 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>87 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>191 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>284 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>475 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Additional charges </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>47 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>29 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>21 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>258 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>355 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>330 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>685 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Cash payments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(54 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(21 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(254 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(329 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(309 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(638 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Non-cash items<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(11 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(21 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(34 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(31 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Changes in estimates </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>33 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>23 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>65 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(45 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>20 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Liability balance, end of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>92 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>41 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>115 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>248 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>263 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>511 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Cumulative amounts incurred since inception of restructuring plan </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>169 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>65 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>72 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>421 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>727 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>787 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,514 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="39%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=08 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=08 type=lead --> <TD align=right width="9%">&nbsp;</TD><!-- colindex=08 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=08 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Total<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Contract<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Asset<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Subtotal<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Restructuring<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left><B>Six Months Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Severance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Termination<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Write-<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Exit<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Restructuring<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Separation<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>and&nbsp;Separation<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left><B>June&nbsp;30, 2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Downs</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=26><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total amounts expected to be incurred<I>(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>207 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>120 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>72 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,127 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,526 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,181 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,707 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Primarily includes professional fees related to (i)&nbsp;disposition activities, (ii)&nbsp;AIG&#146;s capital restructuring program with the FRBNY and the Department of the Treasury and (iii)&nbsp;unwinding most of AIGFP&#146;s businesses and portfolios.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Primarily represents asset impairment charges, foreign currency translation and reclassification adjustments.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(c) </I></TD> <TD></TD> <TD vAlign=bottom><I>Includes cumulative amounts incurred and future amounts to be incurred that can be reasonably estimated at June&nbsp;30, 2009.</I></TD></TR></TBODY></TABLE></BODY></HTML> 353708000000 31359000000 1108000000 9289000000 13214000000 32380000000 44692000000 4481000000 59336000000 618505000000 5530000000 17382000000 22364000000 817000000 11136000000 44176000000 4984000000 11239000000 6439000000 28570000000 53468000000 830412000000 82088000000 23371000000 145715000000 218433000000 13623000000 5203000000 4722000000 2106000000 3191000000 780000000 1242000000 4876000000 2687000000 11152000000 44816000000 123528000000 1533000000 24476000000 53468000000 767207000000 1072000000 368000000 8314000000 80259000000 -3073000000 -11286000000 57958000000 4175000000 830412000000 372480000000 1334000000 7030000000 99000000 15739000000 24726000000 13814000000 306000000 7273000000 2716000000 26000000 6233000000 16153000000 3277000000 2.50 5000000000 147377020 147401900 2.50 5000000000 12807642 12918446 17769000000 8785000000 1190000000 5051000000 821000000 4682000000 -478000000 281000000 -1299000000 -4401000000 -636000000 -184000000 3634000000 6543000000 29525000000 49983000000 17273000000 5694000000 2600000000 343000000 2296000000 28206000000 33316000000 10988000000 5445000000 4578000000 705000000 55032000000 1319000000 -5049000000 -526000000 -1761000000 1845000000 -3288000000 23000000 -757000000 1822000000 -2531000000 311000000 -5357000000 -3826000000 -13162000000 2.30 2.30 135281740000000 135336440000000 -41.13 -41.13 4.42 130248736000000 130248736000000 -28.29 -28.29 135267735000000 135267735000000 8.33 128732239000000 128732239000000 36589000000 11068000000 184000000 868000000 -413000000 4452000000 -1912000000 6347000000 1454000000 1526000000 4970000000 867000000 2027000000 -320000000 -1127000000 6406000000 -362000000 1000000 320000000 -1016000000 -165000000 -813000000 -888000000 31000000 -1473000000 -521000000 -2106000000 -1451000000 52000000 49000000 564000000 11324000000 8036000000 -316000000 29408000000 10110000000 2767000000 9739000000 97000000 5767000000 2855000000 3861000000 6908000000 32225000000 1780000000 5256000000 2121000000 3741000000 2614000000 3344000000 2057000000 252000000 14369000000 304000000 29000000 7534000000 17534000000 26369000000 182000000 -414000000 -4118000000 15700000000 12500000000 2558000000 10970000000 -1377000000 264000000 463000000 1150000000 -16000000 -18441000000 3265000000 -746000000 7244000000 431000000 1102000000 31000000 1936000000 618000000 995000000 409000000 45000000 48000000 71000000 21000000 33000000 12000000 91000000 30000000 7092000000 4473000000 8937000000 1185000000 193000000 -674000000 8744000000 1859000000 0 0 0 20000000 2000000 1000000 1000000 0 5.00 4000000 5.00 5.00 5.00 41604576000 1149999000 500000 400000 300000 100000 0 0 0 0 40000000000 <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 256px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=256 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">8.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Total Equity and Earnings (Loss) Per Share</FONT></B> </TD></TR></TBODY></TABLE><!-- XBRL,body --> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>Stock activity was as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="33%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="9%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=14><B>Preferred Stock</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Common<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Treasury<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>Six Months Ended June 30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Series E</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Series F</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Series C</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Series D</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Stock</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Stock</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Shares issued, beginning of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,000,000 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>147,401,900 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>12,918,446 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Issuances </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>300,000 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>100,000 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(110,804 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Shares exchanged </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>400,000 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(4,000,000 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Fractional shares, paid in cash </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(24,880 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Shares issued, end of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>400,000 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>300,000 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>100,000 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>147,377,020 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>12,807,642 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Preferred Stock</FONT></U></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Exchange of AIG Series&nbsp;D Preferred Stock for AIG Series&nbsp;E Preferred Stock</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On April&nbsp;17, 2009, AIG entered into a Securities Exchange Agreement (the Series&nbsp;E Exchange Agreement) with the Department of the Treasury pursuant to which, among other things, the Department of the Treasury exchanged 4,000,000&nbsp;shares of AIG&#146;s Series&nbsp;D Fixed Rate Cumulative Perpetual Preferred Stock, par value $5.00 per share (AIG Series&nbsp;D Preferred Stock), for 400,000&nbsp;shares of AIG&#146;s Series&nbsp;E Fixed Rate Non-Cumulative Perpetual Preferred Stock, par value $5.00 per share (AIG Series&nbsp;E Preferred Stock), with an aggregate liquidation preference of $41,604,576,000, which represents the issuance-date aggregate liquidation preference of the AIG Series&nbsp;D Preferred Stock surrendered plus accumulated but unpaid dividends thereon of $1,604,576,000. The terms of the AIG Series&nbsp;E Preferred Stock are substantially the same as those of the AIG Series&nbsp;D Preferred Stock, except that the dividends are not cumulative and the AIG Series&nbsp;E Preferred Stock is subject to a replacement capital covenant. Concurrently with the exchange of the shares of AIG Series&nbsp;D Preferred Stock for shares of the AIG Series&nbsp;E Preferred Stock, AIG entered into a replacement capital covenant in favor of the holders of a series of AIG debt, pursuant to which AIG agreed that prior to the third anniversary of the issuance of the AIG Series&nbsp;E Preferred Stock, AIG will not redeem or purchase, and no subsidiary of AIG will purchase, all or any part of the AIG Series&nbsp;E Preferred Stock except with the proceeds obtained from the issuance by AIG or any subsidiary of AIG of certain capital securities. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The Series&nbsp;E Exchange Agreement also permits the Department of the Treasury, under certain circumstances, to exchange the warrant (AIG Series&nbsp;D Warrant) received in connection with the issuance of AIG Series&nbsp;D Preferred Stock for 2,689,938.3&nbsp;shares of the AIG Series&nbsp;C Preferred Stock. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Issuance of AIG Series&nbsp;F Preferred Stock and Entry into $29.835 Billion Department of the Treasury Commitment</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On April&nbsp;17, 2009, AIG entered into a Securities Purchase Agreement (the Series&nbsp;F Purchase Agreement) with the Department of the Treasury pursuant to which, among other things, AIG issued to the Department of the Treasury (i)&nbsp;300,000&nbsp;shares of AIG&#146;s Series&nbsp;F Fixed Rate Non-Cumulative Perpetual Preferred Stock, par value $5.00 per share (AIG Series&nbsp;F Preferred Stock), and (ii)&nbsp;the warrant (AIG Series&nbsp;F Warrant) to purchase 150&nbsp;shares of AIG common stock, par value $2.50 per share (AIG Common Stock). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Pursuant to the Series&nbsp;F Purchase Agreement, the Department of the Treasury has committed for five years to provide immediately available funds (the Department of the Treasury Commitment) in an amount up to $29.835&nbsp;billion (the Available Amount) so long as: </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>AIG is not a debtor in a pending case under Title&nbsp;11 of the United States Code;&nbsp;and </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the Trust (or any successor entity established for the sole benefit of the United States Treasury) and the Department of the Treasury, in the aggregate, &#147;beneficially own&#148; more than 50&nbsp;percent of the aggregate voting power of AIG&#146;s voting securities. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The Available Amount will be decreased by the aggregate amount of financial assistance that the Department of the Treasury provides to AIG, its subsidiaries or any special purpose vehicle established by or for the benefit of AIG or any of its subsidiaries after the issuance of the AIG Series&nbsp;F Preferred Stock and the AIG Series&nbsp;F Warrant, unless otherwise specified by the Department of the Treasury, in its sole discretion, under the terms of such financial assistance. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The Series&nbsp;E Exchange Agreement and the Series&nbsp;F Purchase Agreement restrict AIG&#146;s ability to repurchase capital stock and require AIG to continue to maintain policies limiting corporate expenses, lobbying activities and executive compensation. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The terms of the AIG Series&nbsp;F Preferred Stock are substantially the same as the AIG Series&nbsp;E Preferred Stock, except that the AIG Series&nbsp;F Preferred Stock is not subject to a replacement capital covenant. The liquidation preference of the AIG Series&nbsp;F Preferred Stock was initially $0 per share and will be increased pro rata by the amount of each drawdown of the Department of the Treasury Commitment. On May&nbsp;13, 2009, AIG drew down on the Department of the Treasury Commitment in the amount of approximately $1.15&nbsp;billion. As a result, the liquidation preference of the AIG Series&nbsp;F Preferred Stock increased to $3,833.33 per share. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The AIG Series&nbsp;F Warrant is exercisable, at any time, at an initial exercise price of $0.000001 per share. The AIG Series&nbsp;F Warrant will not be subject to any contractual restrictions on transfer other than such as are necessary to ensure compliance with U.S.&nbsp;federal and state securities laws. The Department of the Treasury has agreed that it will not exercise any voting rights with respect to the AIG Common Stock issued upon exercise of the Series&nbsp;F Warrant. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Series&nbsp;C Perpetual, Convertible, Participating Preferred Stock</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On March&nbsp;4, 2009, AIG issued 100,000&nbsp;shares of AIG Series&nbsp;C Preferred Stock to the Trust. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The Trust currently holds the AIG Series&nbsp;C Preferred Stock for the sole benefit of the United States Treasury. The holders of the AIG Series&nbsp;C Preferred Stock have preferential liquidation rights over the holders of AIG Common Stock and, to the extent permitted by law, vote with the AIG Common Stock on all matters submitted to AIG&#146;s shareholders. The AIG Series&nbsp;C Preferred Stock is entitled to (i)&nbsp;a percentage of the voting power of AIG&#146;s shareholders entitled to vote on any particular matter and (ii)&nbsp;a percentage of the aggregate dividend rights of the outstanding shares of AIG Common Stock and the AIG Series&nbsp;C Preferred Stock, in each case, on an as converted basis, which percentage, when aggregated with the percentage representing the 2,690,088.3&nbsp;shares of AIG Common Stock underlying the warrants issued to the Department of the Treasury, any other securities convertible into or exchangeable for AIG Common Stock beneficially owned by the Department of the Treasury and any AIG Common Stock directly owned by the Department of the Treasury, represents approximately 79.9&nbsp;percent of each of such voting power and total dividends payable. A total of 2,690,088.3&nbsp;shares of AIG Common Stock underlie the AIG Series&nbsp;D Warrant and the AIG Series&nbsp;F Warrant. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Common Stock</FONT></U></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On June&nbsp;30, 2009 AIG&#146;s shareholders approved a <FONT style="WHITE-SPACE: nowrap">one-for-twenty</FONT> reverse common stock split, which became effective on that date. All references to common shares and per-share data for all periods presented in this report have been adjusted to give effect to this reverse split. As no change was made to the par value of the common shares, a total of $7.0&nbsp;billion was reclassified from common stock to additional paid-in capital. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Earnings (Loss) Per Share (EPS)</FONT></U></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Basic and diluted earnings (loss) per share are based on the weighted average number of common shares outstanding, adjusted to reflect all stock dividends and stock splits. Diluted earnings per share is based on those shares used in basic EPS plus shares that would have been outstanding assuming issuance of common shares for all dilutive potential common shares outstanding, adjusted to reflect all stock dividends and stock splits. Basic earnings (loss) per share is not affected by outstanding stock purchase contracts. Diluted earnings per share is determined considering the potential dilution from outstanding stock purchase contracts using the treasury stock method and will not be affected by outstanding stock purchase contracts until the applicable market value per share exceeds $912. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In connection with the issuance of the Series&nbsp;C Preferred Stock, AIG began applying the two-class method for calculating EPS. The two-class method is an earnings allocation method for computing EPS when a company&#146;s capital structure includes either two or more classes of common stock or common stock and participating securities. This method determines EPS based on dividends declared on common stock and participating securities (i.e., distributed earnings) as well as participation rights of participating securities in any undistributed earnings. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The computation of basic and diluted EPS was as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="44%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="10%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="2%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="10%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="2%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="10%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="2%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="10%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Three Months Ended June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Six Months Ended June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=14><B>(Dollars in millions, except per share data)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Numerator for EPS:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net income (loss) attributable to AIG </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,822</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,357 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(2,531</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(13,162 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Cumulative dividends on AIG Series&nbsp;D Preferred Stock </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(192</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,204</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Deemed dividend to Series&nbsp;D Preferred Stock exchanged for Series&nbsp;E Preferred Stock </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(91</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(91</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Undistributed earnings allocated to Series&nbsp;C Preferred Stock </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,228</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net income (loss) attributable to AIG common shareholders </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>311</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,357 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(3,826</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(13,162 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Denominator for EPS:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Weighted average shares outstanding used in the computation of EPS attributable to AIG: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Common stock issued </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>147,395,680</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>142,484,137 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>147,398,346</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>140,376,524 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Common stock in treasury </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(12,834,767</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(12,915,573 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(12,855,213</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(12,324,457 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Deferred shares </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>720,827</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>680,172 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>724,602</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>680,172 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Weighted average shares outstanding&nbsp;&#151; basic </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>135,281,740</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>130,248,736 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>135,267,735</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>128,732,239 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Incremental shares arising from awards outstanding under share-based employee compensation plans </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>54,700</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Weighted average shares outstanding&nbsp;&#151; diluted* </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>135,336,440</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>130,248,736 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>135,267,735</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>128,732,239 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>EPS attributable to AIG:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Basic </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2.30</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(41.13 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(28.29</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(102.24 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Diluted </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2.30</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(41.13 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(28.29</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(102.24 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="1%"></TD> <TD width="1%"></TD> <TD width="98%"></TD></TR> <TR> <TD vAlign=top align=left><I>* </I></TD> <TD></TD> <TD vAlign=bottom><I>Calculated using the treasury stock method. Certain shares arising from share-based employee compensation plans and the AIG Series&nbsp;D Warrant were not included in the computation of diluted EPS because the effect would have been anti-dilutive. The number of shares excluded were 12&nbsp;million and 10&nbsp;million for the three-month periods ended June&nbsp;30, 2009 and 2008, respectively, and 12&nbsp;million and 6&nbsp;million for the six-month periods ended June&nbsp;30, 2009 and 2008, respectively.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV></BODY></HTML> <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 85px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=85 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">5.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Investments</FONT></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The amortized cost or cost and fair value of AIG&#146;s available for sale securities were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="48%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other-Than-<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Amortized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Temporary<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Cost or<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Impairments<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Cost</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Gains</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>in AOCI<I>(a)</I></B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=18><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt"><B>June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Bonds available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4,074</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>154</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(199</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4,029</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Obligations of states, municipalities and political subdivisions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>54,808</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,412</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(968</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>55,252</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>69,735</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,766</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(889</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>73,612</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(6</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>183,042</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,409</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(11,721</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B><I>(b)</I> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>176,730</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>99</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Mortgage-backed, asset-backed and collateralized: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>34,872</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>940</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(7,054</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>28,758</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,801</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>19,002</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>66</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(8,048</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,020</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(827</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8,182</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>141</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3,007</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,316</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(339</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total bonds available for sale<I>(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>373,715</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>12,888</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(31,886</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>354,717</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3,874</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Equity securities available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,067</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,268</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(98</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7,237</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Preferred stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>853</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>50</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(81</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>822</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,110</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>148</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(28</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,230</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total equity securities available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7,030</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,466</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(207</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9,289</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>380,745</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>15,354</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(32,093</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>364,006</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(3,874</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">December&nbsp;31, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Bonds available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>4,433 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>331 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(59 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>4,705 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Obligations of states, municipalities and political subdivisions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>62,718 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,150 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,611 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>61,257 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>62,176 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,560 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,199 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>67,537 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>194,481 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,661 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13,523 </TD> <TD vAlign=bottom noWrap align=left>)<I>(b)</I> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>185,619 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Mortgage-backed, asset-backed and collateralized: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>32,092 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>645 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,985 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>29,752 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>14,205 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>126 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3,105 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11,226 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,741 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>233 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(843 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,131 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">AIGFP<I>(d)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>217 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>217 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total bonds available for sale<I>(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>377,063 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>13,706 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(24,325 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>366,444 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Equity securities available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5,545 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,035 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(512 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,068 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Preferred stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,349 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>33 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(138 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,244 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,487 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>78 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(69 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,496 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total equity securities available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,381 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,146 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(719 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,808 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>385,444 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>14,852 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(25,044 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>375,252 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Represents the amount of <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment losses in Accumulated other comprehensive loss (AOCI), which, starting April&nbsp;1, 2009, were not included in earnings under FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2.</FONT> Amount includes </I></TD></TR></TBODY></TABLE> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top></TD> <TD></TD> <TD vAlign=bottom><I>unrealized gains and losses on impaired securities relating to changes in the value of such securities subsequent to the impairment measurement date.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Financial institutions represent approximately 53&nbsp;percent and 57&nbsp;percent of the total gross unrealized losses at June&nbsp;30, 2009 and December&nbsp;31, 2008, respectively.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(c) </I></TD> <TD></TD> <TD vAlign=bottom><I>At June&nbsp;30, 2009 and December&nbsp;31, 2008, bonds available for sale held by AIG that were below investment grade or not rated totaled $23.4&nbsp;billion and $19.4&nbsp;billion, respectively. At June&nbsp;30, 2009 and December&nbsp;31, 2008, fixed maturity securities reported on the Consolidated Balance Sheet include $99&nbsp;million and $442&nbsp;million, respectively, of short-term investments included in Securities lending invested collateral.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(d) </I></TD> <TD></TD> <TD vAlign=bottom><I>The amounts represent securities for which AIGFP has not elected the fair value option. At June&nbsp;30, 2009, a total of $151&nbsp;million in securities for AIGFP were included in the respective asset class categories. Historical amounts were not revised.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Unrealized losses</FONT></U></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table summarizes the fair value and gross unrealized losses on AIG&#146;s available for sale securities, aggregated by major investment category and length of time that individual securities have been in a continuous unrealized loss position:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="36%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>12 Months or Less</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>More than 12 Months</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Bonds available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>997</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>193</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>40</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,037</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>199</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Obligations of states, municipalities and political subdivisions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9,218</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>243</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>10,248</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>725</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>19,466</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>968</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>13,223</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>598</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,657</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>291</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>15,880</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>889</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>44,771</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,755</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>43,836</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,966</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>88,607</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,721</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7,284</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,350</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,158</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,704</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>13,442</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7,054</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,481</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,643</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,559</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,405</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>10,040</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8,048</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,256</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,670</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,229</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>337</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,485</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,007</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total bonds available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>83,230</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>19,452</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>69,727</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>12,434</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>152,957</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>31,886</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Equity securities available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,111</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>98</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,111</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>98</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Preferred stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>359</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>81</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>359</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>81</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>282</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>28</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>282</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>28</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total equity securities available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,752</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>207</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,752</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>207</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>84,982</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>19,659</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>69,727</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>12,434</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>154,709</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>32,093</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="36%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>12 Months or Less</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>More than 12 Months</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>December&nbsp;31, 2008</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Bonds available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>629 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>35 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>616 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>24 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,245 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>59 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Obligations of states, municipalities and political subdivisions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5,416 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,310 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,111 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>301 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,527 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,611 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>26,914 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>309 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,812 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>890 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>31,726 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,199 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>79,942 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,979 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>29,570 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5,544 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>109,512 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>13,523 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,928 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,790 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,745 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,195 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>12,673 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,985 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,947 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,362 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,537 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,743 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,484 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,105 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,389 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>546 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>927 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>297 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,316 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>843 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total bonds available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>128,165 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>14,331 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>46,318 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>9,994 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>174,483 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>24,325 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Equity securities available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,951 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>512 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,951 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>512 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Preferred stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>747 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>138 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>747 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>138 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>332 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>69 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>332 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>69 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total equity securities available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,030 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>719 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,030 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>719 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>131,195 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>15,050 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>46,318 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>9,994 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>177,513 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>25,044 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At June&nbsp;30, 2009, AIG held 19,432 and 81,558 of individual fixed maturity and equity securities, respectively, that were in an unrealized loss position, of which 8,326 individual securities were in a continuous unrealized loss position for longer than 12&nbsp;months. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG did not recognize in earnings the unrealized losses on these fixed maturity securities at June&nbsp;30, 2009, because management neither intends to sell the securities nor does it believe that it is more likely than not that it will be required to sell these securities before recovery of their amortized cost basis. Furthermore, management expects to recover the entire amortized cost basis of these securities (that is, they are not credit impaired). In performing this evaluation, management considered the recovery periods for securities in previous periods of broad market declines. For fixed maturity securities with significant declines, management performed extended fundamental credit analysis on a <FONT style="WHITE-SPACE: nowrap">security-by-security</FONT> basis, which included consideration of credit enhancements, expected defaults on underlying collateral, review of relevant industry analyst reports and forecasts and other market available data. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At June&nbsp;30, 2009 unrealized losses related to fixed maturity securities increased $7.6&nbsp;billion ($4.9&nbsp;billion after tax) reflecting the reversal of prior <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairments in connection with the adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2,</FONT> partially offset by an increase in fair value due to the narrowing of credit spreads and declines in risk-free interest rates. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The amortized cost and fair value of fixed maturity securities available for sale by contractual maturity were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="47%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="11%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="11%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Total Fixed Maturity<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Fixed Maturity<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>Available for Sale Securities</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>Securities in a Loss Position</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Amortized Cost</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Fair Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Amortized Cost</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Fair Value</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Due in one year or less </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>13,374 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>13,311 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>3,532 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>3,224 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Due after one year through five years </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>79,536 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>79,601 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>29,054 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>26,373 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Due after five years through ten years </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>97,089 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>96,508 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>46,230 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>41,791 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Due after ten years </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>121,660 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>120,203 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>59,962 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>53,609 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Mortgage-backed, asset-backed and collateralized </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>62,056 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>45,094 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>46,065 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>27,960 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>373,715 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>354,717 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>184,843 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>152,957 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Actual maturities may differ from contractual maturities because certain borrowers have the right to call or prepay certain obligations with or without call or prepayment penalties. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Net Investment Income</FONT></U></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The components of net investment income were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="63%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>Ended June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>Ended June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"></DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Fixed maturities, including short-term investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5,769</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>5,445 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>8,781</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>10,918 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Equity securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>123</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>149 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>207</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>219 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Interest on mortgage and other loans </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>381</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>397 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>784</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>775 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Partnerships </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(93</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>66 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(779</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>172 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>285</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>121 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>185</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(24 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Trading account gains (losses) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(133 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(34</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(221 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>344</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>341 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>493</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>540 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total investment income before policyholder investment income and trading gains (losses) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,813</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,386 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9,637</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>12,379 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Policyholder investment income and trading gains (losses) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,135</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>617 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,828</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(168 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total investment income </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8,948</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,003 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,465</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>12,211 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Investment expenses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>163</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>275 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>397</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>529 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net investment income </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>8,785</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>6,728 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>11,068</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>11,682 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Net Realized Capital Gains (Losses)</FONT></U></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The components of net realized capital gains (losses) were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="64%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months Ended<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Sales of fixed maturity securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>873</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(29 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>793</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(10 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Sales of equity securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>170</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>240 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>136</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>320 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Sales of real estate and other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(870</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>172 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(910</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>325 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><FONT style="WHITE-SPACE: nowrap">Other-than-temporary</FONT> impairments: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Total <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairments on available for sale securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,190</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6,720 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(5,051</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(12,260 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Portion of <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairments on available for sale fixed maturity securities recognized in Accumulated other comprehensive income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>369</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>369</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairments on available for sale securities recognized in net income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(821</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6,720 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(4,682</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(12,260 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><FONT style="WHITE-SPACE: nowrap">Other-than-temporary</FONT> impairments on all other investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(162</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(57 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(288</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(110 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Foreign exchange transactions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,302</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(74 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,017</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(738 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Derivative instruments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>813</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>387 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,567</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>303 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(1,299</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right>(6,081 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(4,401</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(12,170 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The gross realized gains and gross realized losses from sales of AIG&#146;s available for sale securities were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="29%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=08 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=08 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=08 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=08 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=09 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=09 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=09 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=09 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=14><B>Three Months Ended June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=14><B>Six Months Ended June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Gains</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Gains</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Gains</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Gains</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=30><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Fixed maturities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,059</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>186</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>391 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>420 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,466</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>673</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>638 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>648 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Equity securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>195</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>25</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>342 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>102 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>306</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>170</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>637 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>317 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,254</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>211</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>733 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>522 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,772</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>843</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,275 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>965 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>For the three- and six-month periods ended June&nbsp;30, 2009, the aggregate fair value of available for sale securities sold was 2.9&nbsp;billion, (approximately 92&nbsp;percent of cost or amortized cost) and $7.7&nbsp;billion, (approximately 91 percent of cost or amortized cost), respectively. The average periods of time that securities sold at a loss during the six-month period ended June&nbsp;30, 2009 were trading continuously at a price below cost or amortized cost was approximately 6&nbsp;months. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Evaluating Investments for <FONT style="WHITE-SPACE: nowrap">Other-Than-Temporary</FONT> Impairments</FONT></U></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG adopted the requirements of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> on a prospective basis, as required, on April&nbsp;1, 2009. These requirements have significantly altered AIG&#146;s policies and procedures for determining impairment charges recognized through earnings. FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> requires a company to recognize the credit component (a credit impairment) of an <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment of a fixed maturity security in income and the non-credit component in accumulated other comprehensive income when the company does not intend to sell the security or it is more likely than not that the company will not be required to sell the security prior to recovery. FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> also changes the threshold for determining when an <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment has occurred on a fixed maturity security with respect to intent and ability to hold the security until recovery and requires additional disclosures. A credit impairment, which is recognized in earnings when it occurs, is the difference between the amortized cost of the fixed maturity security and the estimated present value of cash flows expected to be collected (recovery value), as determined by management. The difference between fair value and amortized cost that is not related to a credit impairment is recognized as a separate component of Accumulated other comprehensive income (loss). AIG refers to both credit impairments and impairments recognized as a result of intent to sell as &#147;impairment charges.&#148; The impairment model for equity securities was not affected by FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2.</FONT> </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Impairment Policy&nbsp;&#151; Effective April&nbsp;1, 2009 and Thereafter</FONT></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Fixed Maturity Securities</FONT></U></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>If AIG intends to sell a fixed maturity security or it is more likely than not that AIG will be required to sell a fixed maturity security before recovery of its amortized cost basis and the fair value of the security is below amortized cost, an <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment has occurred and the amortized cost is written down to current fair value, with a corresponding charge to earnings. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>For all other fixed maturity securities for which a credit impairment has occurred, the amortized cost is written down to the estimated recovery value with a corresponding charge to earnings. Additional fair value decline below recovery value, if any, is charged to unrealized appreciation (depreciation) of fixed maturity investments on which <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> credit impairments were taken (a component of accumulated other comprehensive income (loss)), because this is considered a non-credit impairment. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>When assessing AIG&#146;s intent to sell a fixed maturity security, or if it is more likely than not that AIG will be required to sell a fixed maturity security before recovery of its amortized cost basis, management evaluates relevant facts and circumstances including, but not limited to, decisions to reposition AIG&#146;s investment portfolio, sale of securities to meet cash flow needs and sales of securities to capitalize on favorable pricing. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG considers severe price declines and the duration of such price declines in its assessment of potential credit impairments. AIG also modifies its modeled outputs for certain securities when it determines that price declines are indicative of factors not comprehended by the cash flow models. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In periods subsequent to the recognition of an <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment charge for available for sale fixed maturity securities that is not foreign exchange related, AIG generally prospectively accretes into income the difference between the new amortized cost and the expected undiscounted recovery value over the remaining expected holding period of the security. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>A rollforward of the credit impairments recognized in earnings for available for sale fixed maturity securities held by AIG is as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="87%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="9%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Three Months<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, March&nbsp;31, 2009 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Increases due to: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Credit losses remaining in accumulated deficit related to the adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,182 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Credit impairments on new securities subject to impairment losses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>157 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Additional credit impairments on previously impaired securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>268 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Reductions due to: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Credit impaired securities fully disposed for which there was no prior intent or requirement to sell </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(134 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Foreign exchange effect </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>23 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, June&nbsp;30, 2009 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>7,496 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In assessing whether a credit impairment has occurred for a structured fixed maturity security, AIG performs evaluations of expected future cash flows, as required by FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2.</FONT> Certain critical assumptions are made with respect to the performance of the securities. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>When estimating future cash flows for a structured fixed maturity security (e.g. RMBS, CMBS, CDO, ABS) management considers historical performance of underlying assets and available market information as well as bond-specific structural considerations, such as credit enhancement and priority of payment structure of the security. In addition, the process of estimating future cash flows includes, but is not limited to, the following critical inputs, which vary by asset class: </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>Current delinquency rates; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>Expected default rates and timing of such defaults; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>Loss severity and timing of any such recovery; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>Expected prepayment speeds;&nbsp;and </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>Ratings of securities underlying structured products. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>For corporate, municipal and sovereign fixed maturity securities determined to be credit impaired, management considers the fair value as the recovery value when available information does not indicate that another value is more relevant or reliable. When management identifies information that supports a recovery value other than the fair value, the determination of a recovery value considers scenarios specific to the issuer and the security, and may be based upon estimates of outcomes of corporate restructurings, political and macro economic factors, stability and financial strength of the issuer, the value of any secondary sources of repayment and the disposition of assets. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Equity Securities</FONT></U></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The impairment model for equity securities was not affected by the adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> in the second quarter of 2009. AIG continues to evaluate its available for sale equity securities, equity method and cost method investments for impairment by considering such securities candidates for <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment if they meet any of the following criteria: </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>The security has traded at a significant (25&nbsp;percent or more) discount to cost for an extended period of time (nine consecutive months or longer); </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>A discrete credit event has occurred resulting in (i)&nbsp;the issuer defaulting on a material outstanding obligation; (ii)&nbsp;the issuer seeking protection from creditors under the bankruptcy laws or any similar laws intended for court supervised reorganization of insolvent enterprises; or (iii)&nbsp;the issuer proposing a voluntary reorganization pursuant to which creditors are asked to exchange their claims for cash or securities having a fair value substantially lower than par value of their claims;&nbsp;or </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>AIG has concluded that it may not realize a full recovery on its investment, regardless of the occurrence of one of the foregoing events. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The determination that an equity security is <FONT style="WHITE-SPACE: nowrap">other-than-temporarily</FONT> impaired requires the judgment of management and consideration of the fundamental condition of the issuer, its near-term prospects and all the relevant facts and circumstances. For securities other than those subject to FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2,</FONT> the above criteria also consider circumstances of a rapid and severe market valuation declines in which AIG could not reasonably assert that the impairment period would be temporary (severity losses). </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Fixed Maturity Securities Impairment Policy&nbsp;&#151; Prior to April&nbsp;1, 2009</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In all periods prior to the adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2,</FONT> AIG assessed its ability to hold any fixed maturity available for sale security in an unrealized loss position to its recovery at each balance sheet date. The decision to sell any such fixed maturity security classified as available for sale reflected the judgment of AIG&#146;s management that the security sold was unlikely to provide, on a relative value basis, as attractive a return in the future as alternative securities entailing comparable risks. With respect to distressed securities, the sale decision reflected management&#146;s judgment that the risk-adjusted ultimate recovery was less than the value achievable on sale. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In those periods, AIG evaluated its fixed maturity securities for <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairments with respect to valuation as well as credit. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>After a fixed maturity security had been identified as <FONT style="WHITE-SPACE: nowrap">other-than-temporarily</FONT> impaired, the amount of such impairment was determined as the difference between fair value and amortized cost and the entire amount was recorded as a charge to earnings. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>As a result of AIG&#146;s periodic evaluation of its equity and fixed maturity securities for <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairments in value, AIG recorded impairment charges of $983&nbsp;million and $6.8&nbsp;billion in the three-month periods ended June&nbsp;30, 2009 and 2008, respectively, and $5.0&nbsp;billion and $12.4&nbsp;billion in the six-month periods ended June&nbsp;30, 2009 and 2008, respectively. </DIV></BODY></HTML> -12368000000 15000000 -12353000000 -4353000000 -16706000000 11811000000 1822000000 -3073000000 -4895000000 20000000 368000000 0 0 0 -8450000000 79468000000 -599000000 -3853000000 -187000000 -191000000 -1498000000 8095000000 2000000 1000000 1000000 0 368000000 -8314000000 80259000000 -2475000000 -7639000000 406000000 -141000000 -1437000000 -11286000000 57958000000 4175000000 -935000000 -2537000000 -6811000000 2000000 1000000 1000000 1000000000 91000000 18000000 1002000000 409000000 71000000 21000000 97000000 -6000000 30000000 -475000000 3306000000 -102.24 -102.24 110000000 <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 288px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=288 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">1.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Summary of Significant Accounting Policies</FONT></B> </TD></TR></TBODY></TABLE><!-- XBRL,body --> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Basis of Presentation</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>These unaudited condensed consolidated financial statements do not include all disclosures required by accounting principles generally accepted in the United States (GAAP) for complete consolidated financial statements and should be read in conjunction with the audited consolidated financial statements and the related notes included in the <FONT style="WHITE-SPACE: nowrap">Form&nbsp;8-K</FONT> filed on June&nbsp;29, 2009 (the 2008 Financial Statements). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In the opinion of management, these consolidated financial statements contain the normal recurring adjustments necessary for a fair statement of the results presented herein. AIG evaluated the need to disclose events that occurred subsequent to the balance sheet date through August&nbsp;7, 2009, the date the financial statements were issued. All material intercompany accounts and transactions have been eliminated. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Going Concern Considerations</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In the 2008 Financial Statements, management disclosed the conditions and events that led management to conclude that AIG would have adequate liquidity to finance and operate AIG&#146;s businesses, execute its asset disposition plan and repay its obligations for at least the next twelve months. On March&nbsp;2, 2009, the United States government issued the following statement referring to the March 2009 agreements in principle and other transactions they expected to be undertaken with AIG (many of which were subsequently taken) to strengthen AIG&#146;s capital position, enhance its liquidity, reduce its borrowing costs and facilitate its asset disposition program. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 8%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 8%; FONT-FAMILY: 'Times New Roman', Times" align=left>&#147;The steps announced today provide tangible evidence of the U.S. government&#146;s commitment to the orderly restructuring of AIG over time in the face of continuing market dislocations and economic deterioration. Orderly restructuring is essential to AIG&#146;s repayment of the support it has received from U.S. taxpayers and to preserving financial stability. The U.S. government is committed to continuing to work with AIG to maintain its ability to meet its obligations as they come due.&#148; </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Liquidity of Parent and Subsidiaries</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG manages liquidity at both the parent and subsidiary levels. Since the fourth quarter of 2008, AIG has not had access to its traditional sources of long-term or short-term financing through the public debt markets. Further, in light of the performance of AIG&#146;s common stock, AIG does not expect to be able to issue equity securities for cash in the public markets in the foreseeable future. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Historically, AIG depended on dividends, distributions, and other payments from subsidiaries to fund payments on its obligations. In light of AIG&#146;s current financial situation, many of its regulated subsidiaries are restricted from making dividend payments, or advancing funds, to AIG. As a result, AIG has been dependent on the facility (the FRBNY Facility) provided by the Federal Reserve Bank of New York (FRBNY) under the Credit Agreement, dated as of September&nbsp;22, 2008 (as amended, the FRBNY Credit Agreement), between AIG and the FRBNY, the FRBNY&#146;s Commercial Paper Funding Facility (CPFF) and other transactions with the FRBNY and the United States Department of the Treasury (the Department of the Treasury) as its primary sources of liquidity. Primary uses of cash flow are for debt service and subsidiary funding. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Certain subsidiaries also have been dependent on the FRBNY and the Department of the Treasury to meet collateral posting requirements, to make debt repayments as amounts come due, and to meet capital or liquidity requirements at the insurance companies (primarily in the Life Insurance&nbsp;&amp; Retirement Services segment) and financial services operations. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Progress on Management&#146;s Plans for Stabilization of AIG and Repayment of AIG&#146;s Obligations as They Come Due</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In the first six months of 2009, AIG took a number of steps to execute its plans to provide stability to its businesses and provide for the timely repayment of the FRBNY Facility. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Transactions with the FRBNY</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FRBNY Credit Agreement Amendment</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On April&nbsp;17, 2009, AIG and the FRBNY entered into an Amendment No.&nbsp;3 to the FRBNY Credit Agreement. The FRBNY Credit Agreement was amended, among other things, to remove the minimum 3.5&nbsp;percent LIBOR borrowing rate floor. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">AIA Purchase Agreement</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On June&nbsp;25, 2009, AIG and American International Reinsurance Company, Limited (AIRCO) entered into a Purchase Agreement (the AIA Purchase Agreement) with the FRBNY pursuant to which, among other things, (1)&nbsp;AIRCO will transfer (or cause to be transferred) 100&nbsp;percent of the common stock of American International Assurance Company, Limited (AIA) to a newly-formed Delaware limited liability company (AIA LLC), (2)&nbsp;AIRCO and AIG will retain 100&nbsp;percent of the common interests of AIA LLC and (3)&nbsp;the FRBNY will receive 100&nbsp;percent of the preferred interests of AIA LLC. As consideration for the preferred interests in AIA LLC to be received by the FRBNY, there will be a reduction of $16&nbsp;billion in the outstanding balance of the FRBNY Facility and the maximum amount available to be borrowed thereunder (provided the maximum amount available under the FRBNY Facility will not be less than $25&nbsp;billion as a result of such reduction). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The common interests will entitle AIG and AIRCO to 100&nbsp;percent of the voting power of AIA LLC, including the right to appoint the entire board of directors of AIA LLC. The preferred interests will entitle the FRBNY to veto rights over certain significant actions by AIA LLC and its subsidiaries and the right, subject to certain restrictions, to compel AIA LLC to take certain actions, including an initial public offering of the company or a sale of the company. The preferred interests received by the FRBNY will have a liquidation preference of $16&nbsp;billion and will accrue a return of 5&nbsp;percent per annum until September&nbsp;22, 2013 and thereafter 9&nbsp;percent per annum. Upon a liquidation or sale of AIA LLC, after payment is made for the liquidation preference and accrued dividends on the preferred interests and the initial value relating to the common interests, AIG is entitled to 99&nbsp;percent of the remaining proceeds and the FRBNY is entitled to 1&nbsp;percent. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The transactions contemplated by the AIA Purchase Agreement are subject to certain conditions, including regulatory approvals, the closing of the transactions contemplated by the ALICO Purchase Agreement (described below) and certain other conditions. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">ALICO Purchase Agreement</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On June&nbsp;25, 2009, AIG entered into a Purchase Agreement (the ALICO Purchase Agreement) with the FRBNY pursuant to which, among other things, (1)&nbsp;AIG will transfer (or cause to be transferred) 100&nbsp;percent of the common stock of American Life Insurance Company (ALICO) to a newly-formed Delaware limited liability company, ALICO Holdings LLC (ALICO LLC), (2)&nbsp;AIG will retain 100&nbsp;percent of the common interests of ALICO LLC and (3)&nbsp;the FRBNY will receive 100&nbsp;percent of the preferred interests of ALICO LLC. As consideration for the preferred interests in ALICO LLC to be received by the FRBNY, there will be a reduction of $9&nbsp;billion in the outstanding balance of the FRBNY Facility and the maximum amount available to be borrowed thereunder (provided the maximum amount available under the FRBNY Facility will not be less than $25&nbsp;billion as a result of such reduction). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The common interests will entitle AIG to 100&nbsp;percent of the voting power of ALICO LLC, including the right to appoint the entire board of directors of ALICO LLC. The preferred interests will entitle the FRBNY to veto rights over certain significant actions by ALICO LLC and its subsidiaries and the right, subject to certain restrictions, to compel ALICO LLC to take certain actions, including an initial public offering of the company or a sale of the company. The preferred interests received by the FRBNY will have a liquidation preference of $9&nbsp;billion and will accrue a return of 5&nbsp;percent per annum until September&nbsp;22, 2013 and thereafter 9&nbsp;percent per annum. Upon a liquidation or sale of ALICO LLC, after payment is made for the liquidation preference and accrued dividends on the preferred interests and the initial value of the common interests, AIG is entitled to 95&nbsp;percent of the remaining proceeds and the FRBNY is entitled to 5&nbsp;percent. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The transactions contemplated by the ALICO Purchase Agreement are subject to certain conditions, including regulatory approvals, the closing of the transactions contemplated by the AIA Purchase Agreement (described above) and certain other conditions. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Amortization of Prepaid Commitment Asset</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Any permanent reduction in the FRBNY Facility will result in accelerated amortization of a portion of the prepaid commitment asset. Therefore, AIG anticipates that the consummation of each of the AIA Purchase Agreement and the ALICO Purchase Agreement will result in accelerated amortization of a portion of the prepaid commitment asset at the time that the senior interests are transferred to the FRBNY, currently expected to occur no earlier than the fourth quarter of 2009. Acceleration of the amortization will result in a pre-tax charge to earnings which could aggregate to approximately $5.0&nbsp;billion. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Life Insurance Securitizations</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On March&nbsp;2, 2009, AIG and the Board of Governors of the Federal Reserve System announced their intent to enter into a transaction pursuant to which the FRBNY will purchase embedded value securitization notes issued by newly-formed special purpose vehicles to be repaid with the net cash flows from designated blocks of existing life insurance policies. The proceeds of the notes would be applied in settlement of a portion of the outstanding balance of the FRBNY Facility and would reduce the maximum amount to be borrowed thereunder (provided the maximum amount available under the FRBNY Facility will not be less than $25&nbsp;billion as a result of such reduction). The amount of the FRBNY Facility reduction will be based on the proceeds received and will also result in accelerated amortization of a portion of the prepaid commitment asset. The special purpose vehicles are expected to be consolidated by AIG. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Sales of Businesses and Asset Dispositions</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG has revised its asset disposition plans over the last nine months to take into account the deterioration of global market conditions. AIG&#146;s current asset disposition plan is to maximize the value of its businesses over a longer time frame. AIG continually reassesses its disposition plans and may revise its disposition plans at any time and from time to time. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Dispositions of certain businesses will be subject to regulatory approval. Proceeds from these dispositions, to the extent they do not represent capital of AIG&#146;s insurance subsidiaries required for regulatory or ratings purposes, are contractually required to be applied toward the repayment of the FRBNY Facility as mandatory prepayments. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>During the first six months of 2009 and through July&nbsp;31, 2009, AIG entered into agreements to sell or completed the sale of operations and assets, excluding AIGFP assets, that had aggregate assets and liabilities with carrying values of $31.2&nbsp;billion and $23.8&nbsp;billion, respectively, at June&nbsp;30, 2009 or the date of sale or in the case of Transatlantic Holdings, Inc. (Transatlantic), deconsolidation. Aggregate net proceeds from these sale transactions, including proceeds applied to repay intercompany loan facilities, are expected to be approximately $8.0&nbsp;billion. These transactions are expected to generate approximately $4.6&nbsp;billion of aggregate net cash proceeds to repay outstanding borrowings and reduce the amount of FRBNY Facility, after taking into account taxes, transaction expenses and capital required to be retained for regulatory or ratings purposes. Gains and losses recorded in connection with the disposals of businesses include estimates that are subject to subsequent adjustment. Based on the transactions thus far, AIG does not believe that such adjustments will be material to future results of operations or cash flows. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Securitization Transaction</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>During the first six months of 2009, American General Finance, Inc. (AGF) received proceeds of $1.4&nbsp;billion from real estate loan portfolio sales. In addition, on July&nbsp;30, 2009, AGF issued mortgage-backed certificates in a private securitization transaction of certain AGF real estate loans and received initial cash proceeds of $967&nbsp;million. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>FAS&nbsp;No.&nbsp;144, &#147;Accounting for the Impairment or Disposal of Long-Lived Assets,&#148; (FAS&nbsp;144)&nbsp;requires that certain criteria be met in order for AIG to classify a business as held for sale. At June&nbsp;30, 2009, the held for sale criteria in FAS&nbsp;144 were not met for AIG&#146;s significant businesses included in the asset disposition plan. AIG continues to evaluate the status of its asset sales with respect to these criteria. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Management&#146;s Assessment and Conclusion</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In assessing AIG&#146;s current financial position and developing operating plans for the future, management has made significant judgments and estimates with respect to the potential financial and liquidity effects of AIG&#146;s risks and uncertainties, including but not limited to: </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the commitment of the FRBNY and the Department of the Treasury to the orderly restructuring of AIG and their commitment to continuing to work with AIG to maintain its ability to meet its obligations as they come due; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the potential adverse effects on AIG&#146;s businesses that could result if there are further downgrades by rating agencies, including in particular, the uncertainty of estimates relating to the derivative transactions of AIG Financial Products Corp. and AIG Trading Group Inc. and their respective subsidiaries (collectively, AIGFP), such as estimates of both the number of counterparties who may elect to terminate under contractual termination provisions and the amount that would be required to be paid in the event of a downgrade; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the ability of AIG to complete the transactions contemplated by the AIA Purchase Agreement and the ALICO Purchase Agreement; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the potential delays in asset dispositions and reduction in the anticipated proceeds therefrom; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the potential for continued declines in bond and equity markets; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the planned sales of significant subsidiaries; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the potential effect on AIG if the capital levels of its regulated and unregulated subsidiaries prove inadequate to support current business plans; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the effect on AIG&#146;s businesses of continued compliance with the covenants of the FRBNY Credit Agreement and other agreements with the FRBNY and the Department of the Treasury; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the effect of the provisions of the TARP Standards for Compensation and Corporate Governance on AIG&#146;s ability to retain and motivate key employees; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the potential loss of key personnel that could then reduce the value of AIG&#146;s business and impair its ability to effect a successful asset disposition plan; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the potential that AIG will be unable to complete the proposed life insurance securitizations and, even if completed, that this proposed transaction with the FRBNY does not achieve its desired objectives;&nbsp;and </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the potential regulatory actions in one or more countries, including possible actions resulting from the legal change in control as a result of the issuance of AIG&#146;s Series&nbsp;C Perpetual, Convertible, Participating Preferred Stock (the AIG Series&nbsp;C Preferred Stock). </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Based on the U.S.&nbsp;government&#146;s continuing commitment, the recently completed transactions and the other expected transactions with the FRBNY, management&#146;s plans to stabilize AIG&#146;s businesses and dispose of certain noncore assets, and after consideration of the risks and uncertainties of such plans, management believes that it will have adequate liquidity to finance and operate AIG&#146;s businesses, execute its asset disposition plan and repay its obligations for at least the next twelve months. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>It is possible that the actual outcome of one or more of management&#146;s plans could be materially different, or that one or more of management&#146;s significant judgments or estimates about the potential effects of these risks and uncertainties could prove to be materially incorrect or that the proposed transactions with the FRBNY discussed above are not consummated or fail to achieve their desired objectives. If one or more of these possible outcomes is realized, AIG may need additional U.S.&nbsp;government support to meet its obligations as they come due. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG&#146;s consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. These consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded assets nor relating to the amounts and classification of liabilities that may be necessary should AIG be unable to continue as a going concern. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Out of Period Adjustments</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In the three months ended June&nbsp;30, 2009, AIG recorded out of period adjustments which reduced pre-tax income by approximately $250&nbsp;million and decreased net income by approximately $60&nbsp;million. The more significant decreases to pre-tax income related to life insurance deferred acquisition costs and general insurance balance sheet reconciliation adjustments. Net adjustments to income taxes increased the income tax benefit by approximately $99&nbsp;million. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Recent Accounting Standards</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Accounting Changes</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG adopted the following accounting standards during the first six months of 2009: </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FAS&nbsp;141(R)</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In December 2007, the Financial Accounting Standards Board (FASB) issued FAS&nbsp;No.&nbsp;141 (revised 2007), &#147;Business Combinations&#148; (FAS&nbsp;141(R)). FAS&nbsp;141(R) changes the accounting for business combinations in a number of ways, including broadening the transactions or events that are considered business combinations; requiring an acquirer to recognize 100&nbsp;percent of the fair value of certain assets acquired, liabilities assumed, and noncontrolling (i.e., minority) interests; and recognizing contingent consideration arrangements at their acquisition-date fair values with subsequent changes in fair value generally reflected in income, among other changes. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG adopted FAS&nbsp;141(R) for business combinations for which the acquisition date is on or after January&nbsp;1, 2009. The adoption of FAS&nbsp;141(R) did not have a material effect on AIG&#146;s consolidated financial position, results of operations or cash flows at and for the three and six months ended June&nbsp;30, 2009, but will affect the future accounting for business combinations, if any, as well as goodwill impairment assessments. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FAS&nbsp;160</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In December 2007, the FASB issued FAS&nbsp;No.&nbsp;160, which requires noncontrolling (i.e., minority) interests in partially owned consolidated subsidiaries to be classified in the consolidated balance sheet as a separate component of equity, or in the mezzanine section of the balance sheet (between liabilities and equity), to the extent such interests do not qualify for &#147;permanent equity&#148; classification in accordance with Emerging Issues Task Force (EITF) Topic D-98, &#147;Classification and Measurement of Redeemable Securities&#148; (revised September 2008). FAS&nbsp;160 also specifies the accounting for subsequent acquisitions and sales of noncontrolling interests and how noncontrolling interests should be presented in the consolidated statement of income (loss). The noncontrolling interests&#146; share of subsidiary income (loss) should be reported as a part of consolidated net income (loss) with disclosure of the attribution of consolidated net income (loss) to the controlling and noncontrolling interests on the face of the consolidated statement of income (loss). </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG adopted FAS&nbsp;160 on January&nbsp;1, 2009. FAS&nbsp;160 was adopted prospectively, except that the consolidated statement of income (loss) for the three and six months ended June&nbsp;30, 2008 have been retrospectively recast to include net income (loss) attributable to both the controlling and noncontrolling interests. Of the $10.0&nbsp;billion minority interest on the consolidated balance sheet at December&nbsp;31, 2008, $1.9&nbsp;billion was reclassified from minority interest liability to Redeemable noncontrolling interest in partially owned consolidated subsidiaries and $8.1&nbsp;billion was reclassified to a separate component of total equity titled Noncontrolling interest. For the six months ended June&nbsp;30, 2009, the noncontrolling interest balance declined by $1.4&nbsp;billion related to the deconsolidation of Transatlantic in the second quarter of 2009 following the public offering of 29.9&nbsp;million shares of Transatlantic common stock, after which AIG retained 13.9&nbsp;percent of Transatlantic common stock outstanding. AIG also restructured certain relationships within the Institutional Asset Management business in the second quarter of 2009, resulting in a decline in goodwill of $476&nbsp;million and noncontrolling interest of $1.9&nbsp;billion due to deconsolidation of certain entities. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table provides a reconciliation of the beginning and ending balances of the components of total equity (excluding the effects of redeemable noncontrolling interests):</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="62%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="9%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Total AIG<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>shareholders&#146;<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Noncontrolling<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>equity</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>interest</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total equity</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=10><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Six Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, beginning of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>52,710</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>8,095</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>60,805</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Cumulative effect of change in accounting principle, net of tax </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,478</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,478</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Net income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,531</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(935</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3,466</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Contributions from noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>475</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>475</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Distributions to noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(264</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(264</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Net decrease due to deconsolidation </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3,306</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3,306</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated other comprehensive income </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,390</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>110</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,500</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>911</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>911 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, end of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>57,958</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4,175</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>62,133</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Six Months Ended June&nbsp;30, 2008</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, beginning of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>95,801 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>8,472 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>104,273 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Cumulative effect of change in accounting principle, net of tax </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,108 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,108 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Net income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13,162 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>133 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13,029 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Contributions from noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>543 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>543 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Distributions to noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(193 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(193 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated other comprehensive income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(8,441 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>60 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(8,381 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,998 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,998 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, end of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>78,088 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>9,015 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>87,103 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FAS&nbsp;161</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In March 2008, the FASB issued FAS&nbsp;No.&nbsp;161, &#147;Disclosures about Derivative Instruments and Hedging Activities&nbsp;&#151; an amendment of FASB Statement No.&nbsp;133&#148; (FAS&nbsp;161). FAS&nbsp;161 requires enhanced disclosures about (a)&nbsp;how and why AIG uses derivative instruments, (b)&nbsp;how derivative instruments and related hedged items are accounted for under FAS&nbsp;No.&nbsp;133, &#147;Accounting for Derivative Instruments and Hedging Activities&#148; (FAS&nbsp;133)&nbsp;and its related interpretations, and (c)&nbsp;how derivative instruments and related hedged items affect AIG&#146;s consolidated financial condition, results of operations, and cash flows. AIG adopted FAS&nbsp;161 on January&nbsp;1, 2009. See Note&nbsp;7 herein for related disclosures. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FAS&nbsp;165</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In May 2009, the FASB issued FAS&nbsp;No.&nbsp;165, &#147;Subsequent Events&#148; (FAS&nbsp;165). FAS&nbsp;165 requires disclosure of the date through which a company evaluated the need to disclose events that occurred subsequent to the balance sheet date and whether that date represents the date the financial statements were issued or were available to be issued. AIG adopted FAS&nbsp;165 for the period ended June&nbsp;30, 2009. The adoption of FAS&nbsp;165 did not affect AIG&#146;s consolidated financial condition, results of operations or cash flows. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;140-3</FONT></FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In February 2008, the FASB issued FASB Staff Position (FSP) <FONT style="WHITE-SPACE: nowrap">No.&nbsp;FAS&nbsp;140-3,</FONT> &#147;Accounting for Transfers of Financial Assets and Repurchase Financing Transactions&#148; (FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;140-3).</FONT> FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;140-3</FONT> requires an initial transfer of a financial asset and a repurchase financing that was entered into contemporaneously with or in contemplation of the initial transfer to be evaluated as a linked transaction unless certain criteria are met. AIG adopted FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;140-3</FONT> on January&nbsp;1, 2009 for new transactions entered into from that date forward. The adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;140-3</FONT> did not have a material effect on AIG&#146;s consolidated financial condition, results of operations or cash flows. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">EITF <FONT style="WHITE-SPACE: nowrap">07-5</FONT></FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In June 2008, the FASB ratified the consensus reached by the EITF on Issue <FONT style="WHITE-SPACE: nowrap">No.&nbsp;07-5,</FONT> &#147;Determining Whether an Instrument (or Embedded Feature) is Indexed to an Entity&#146;s Own Stock&#148; <FONT style="WHITE-SPACE: nowrap">(EITF&nbsp;07-5).</FONT> Following the January&nbsp;1, 2009 effective date, instruments that are not indexed to the issuer&#146;s stock would not qualify for an exception from derivative accounting provided in FAS&nbsp;133 (which requires that an instrument is both indexed to the issuer&#146;s own stock, and that it is classified in equity). AIG adopted <FONT style="WHITE-SPACE: nowrap">EITF&nbsp;07-5</FONT> on January&nbsp;1, 2009. The adoption of <FONT style="WHITE-SPACE: nowrap">EITF&nbsp;07-5</FONT> resulted in a $15&nbsp;million cumulative effect adjustment to opening Accumulated deficit and a $91&nbsp;million reduction in Additional paid-in capital. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;107-1</FONT> and APB <FONT style="WHITE-SPACE: nowrap">28-1</FONT></FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In April 2009, the FASB issued FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;107-1</FONT> and APB <FONT style="WHITE-SPACE: nowrap">28-1,</FONT> &#147;Interim Disclosures about Fair Value of Financial Instruments&#148; (FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;107-1).</FONT> FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;107-1</FONT> amends FASB Statement No.&nbsp;107, &#147;Disclosures about Fair Value of Financial Instruments,&#148; (FAS&nbsp;107)&nbsp;to require disclosures about fair value of financial instruments (including methods and significant assumptions used) for interim reporting periods of publicly traded companies as well as in annual financial statements. The FSP also amends APB Opinion No.&nbsp;28, &#147;Interim Financial Reporting,&#148; to require those disclosures in summarized financial information for interim reporting periods. AIG adopted FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;107-1</FONT> on April&nbsp;1, 2009. See Note&nbsp;4, Fair Value Measurements for these disclosures. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> and <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;124-2</FONT></FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In April 2009, the FASB issued FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> and <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;124-2,</FONT> &#147;Recognition and Presentation of <FONT style="WHITE-SPACE: nowrap">Other-Than-Temporary</FONT> Impairments&#148; (FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2).</FONT> FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> requires a company to recognize the credit component of an <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment of a fixed maturity security in income and the non-credit component in accumulated other comprehensive income when the company does not intend to sell the security or it is more likely than not that the company will not be required to sell the security prior to recovery. FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> also changes the threshold for determining when an <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment has occurred on a fixed maturity security with respect to intent and ability to hold until recovery and requires additional disclosures in interim and annual reporting periods for fixed maturity and equity securities. FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> does not change the recognition of <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment for equity securities. See Note&nbsp;5, Investments for the expanded disclosures related to FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2.</FONT> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG adopted FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> on April&nbsp;1, 2009 and recorded an after-tax cumulative effect adjustment to increase AIG shareholders&#146; equity by $2.5&nbsp;billion as of April&nbsp;1, 2009, consisting of a decrease in Accumulated deficit of $11.8&nbsp;billion and an increase to Accumulated other comprehensive loss of $9.3&nbsp;billion, net of tax. The net increase in AIG&#146;s shareholders&#146; equity was due to a reversal of a portion of the deferred tax asset valuation allowance for certain previous non-credit impairment charges directly attributable to the change in accounting principle (see Note&nbsp;12 herein). The cumulative effect adjustment resulted in an increase of approximately $16&nbsp;billion in the amortized cost of fixed maturity securities, which has the effect of significantly reducing the accretion of investment income over the remaining life of the underlying securities, beginning in the second quarter of 2009. The effect of the reduced investment income will be offset, in part, by a decrease in the amortization of deferred policy acquisition costs (DAC) and sales inducements assets (SIA). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Beginning in the second quarter of 2009, the adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> is expected to reduce the level of <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment charges recorded in earnings for fixed maturity securities due to the following required changes in AIG&#146;s accounting policy for <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairments (see Note&nbsp;5 for a more detailed discussion of the changes in policy): </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>Impairment charges for non-credit (i.e., severity) losses are no longer recognized; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>The amortized cost basis of credit impaired securities will be written down through a charge to earnings to the present value of expected cash flows, rather than to fair value;&nbsp;and </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>For fixed maturity securities that are not deemed to be credit-impaired. AIG is no longer required to assert that it has the intent and ability to hold such securities to recovery to avoid an <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment charge. Instead, an impairment charge through earnings is required only in situations where AIG has the intent to sell the fixed maturity security or it is more likely than not that AIG will be required to sell the security prior to recovery. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The components of the change in AIG shareholders&#146; equity at April&nbsp;1, 2009 due to the adoption of FSP&nbsp;FAS <FONT style="WHITE-SPACE: nowrap">115-2</FONT> were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="53%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="16%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="9%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>(Increase)<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Net Increase<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Decrease&nbsp;to<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>(Increase) Decrease<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>in AIG<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Accumulated<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>to Accumulated Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Shareholders&#146;<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Deficit</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Comprehensive Loss</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Equity</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=10><B>(In billions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net effect of the increase in amortized cost of available for sale fixed maturity securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>16.1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(16.1 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net effect of related DAC, SIA and other insurance balances </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1.8 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net effect on deferred income tax assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2.5 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net increase in AIG shareholders&#146; equity </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>11.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(9.3 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;157-4</FONT></FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In April 2009, the FASB issued FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;157-4,</FONT> &#147;Determining Fair Value When the Volume and Level of Activity for the Asset or Liability Have Significantly Decreased and Identifying Transactions That Are Not Orderly&#148; (FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;157-4).</FONT> FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;157-4</FONT> provides guidance for estimating fair value in accordance with FAS&nbsp;No.&nbsp;157, &#147;Fair Value Measurements&#148; (FAS&nbsp;157), when the volume and level of activity for an asset or liability have significantly decreased and for identifying circumstances that indicate a transaction is not orderly. FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;157-4</FONT> also requires extensive additional fair value disclosures. The adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;157-4</FONT> on April&nbsp;1, 2009, did not have a material effect on AIG&#146;s consolidated financial condition, results of operations or cash flows. See Note&nbsp;4, Fair Value Measurements for the disclosures related to FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;157-4.</FONT> </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Future Application of Accounting Standards</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FSP FAS&nbsp;132(R)-1</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In December 2008, the FASB issued FSP FAS&nbsp;132(R)-1, &#147;Employers&#146; Disclosures about Postretirement Benefit Plan Assets&#148; (FSP FAS&nbsp;132(R)-1). FSP FAS&nbsp;132(R)-1 amends FAS&nbsp;132(R) to require more detailed disclosures about an employer&#146;s plan assets, including the employer&#146;s investment strategies, major categories of plan assets, concentrations of risk within plan assets, and valuation techniques used to measure the fair values of plan assets. FSP FAS&nbsp;132(R)-1 is effective for fiscal years ending after December&nbsp;15, 2009. The adoption of FSP FAS&nbsp;132(R)-1 will have no effect on AIG&#146;s consolidated financial condition, results of operations or cash flows. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FAS&nbsp;166</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In June 2009, the FASB issued FAS&nbsp;166, &#147;Accounting for Transfers of Financial Assets&nbsp;&#151; an amendment of FASB Statement No.&nbsp;140&#148; (FAS&nbsp;166). FAS&nbsp;166 removes the concept of a qualifying special-purpose entity (QSPE) from FAS&nbsp;140, &#147;Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities&#148; and removes the exception from applying FASB Interpretation No.&nbsp;46 (revised December 2003), &#147;Consolidation of Variable Interest Entities&#148;, (FIN&nbsp;46(R)) to QSPEs. FAS&nbsp;166 is effective for interim and annual periods beginning on January&nbsp;1, 2010 for AIG. Earlier application is prohibited. AIG is assessing the effect adopting FAS&nbsp;166 will have on its consolidated financial condition, results of operations and cash flows. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FAS&nbsp;167</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In June 2009, FASB issued FAS&nbsp;167, &#147;Amendments to FASB Interpretation No.&nbsp;46(R)&#148; (FAS&nbsp;167). FAS&nbsp;167 amends the consolidation analysis with an approach focused on identifying which enterprise has the power to direct the activities of a variable interest entity that most significantly affect the entity&#146;s economic performance and (1)&nbsp;the obligation to absorb losses of the entity or (2)&nbsp;the right to receive benefits from the entity, and enhances financial reporting by enterprises involved with variable interest entities. FAS&nbsp;167 is effective for interim and annual periods beginning on January&nbsp;1, 2010 for AIG. Earlier application is prohibited. AIG is assessing the effect adopting FAS&nbsp;167 will have on its consolidated financial condition, results of operations, and cash flows. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV></BODY></HTML> 5802000000 8642000000 197000000 613000000 369000000 369000000 -2840000000 -55000000 2229000000 2284000000 1112000000 1112000000 450000000 450000000 8957000000 -3737000000 5585000000 -14414000000 3863000000 -1065000000 2471000000 -4813000000 <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 351px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=351 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">13.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Information Provided in Connection With Outstanding Debt</FONT></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The following condensed consolidating financial statements reflect the results of AIG Life Holdings (US), Inc. (AIGLH), formerly known as American General Corporation, a holding company and a wholly owned subsidiary of AIG. AIG provides a full and unconditional guarantee of all outstanding debt of AIGLH. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In addition, AIG Liquidity Corp. and AIG Program Funding, Inc. are both wholly owned subsidiaries of AIG. AIG provides a full and unconditional guarantee of all obligations of AIG Liquidity Corp. and AIG Program Funding, Inc. There are no reportable amounts for these entities. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Condensed Consolidating Balance Sheet</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="51%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="9%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>American<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>International<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Group, Inc.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Consolidated<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>(As Guarantor)</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>AIGLH</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Subsidiaries</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Eliminations</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>AIG</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=18><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt"><B>June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Assets: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Investments<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>9,742</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>681,392</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(72,629</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>618,505</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Loans to subsidiaries<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>69,886</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(69,886</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Cash </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>63</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,739</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,802</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Investment in consolidated subsidiaries<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>74,975</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>26,405</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(10,550</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(90,830</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Debt issuance costs, including prepaid commitment asset of $13,814 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>14,106</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>170</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>14,276</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>13,644</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,633</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>175,360</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>192</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>191,829</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>182,416</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>29,038</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>782,225</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(163,267</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>830,412</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Liabilities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Insurance liabilities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>489,922</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>136</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>490,058</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Federal Reserve Bank of New York credit facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>44,816</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>44,816</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Federal Reserve Bank of New York Commercial </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Paper Funding Facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,152</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,152</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>46,233</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,137</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>147,985</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(72,630</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>123,725</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other liabilities<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>33,409</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,060</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>58,498</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,489</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>97,456</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total liabilities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>124,458</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,197</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>707,557</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(71,005</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>767,207</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Redeemable noncontrolling interest in partially owned consolidated subsidiaries </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,072</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,072</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total AIG shareholders&#146; equity </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>57,958</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>22,841</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>68,798</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(91,639</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>57,958</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,798</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(623</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,175</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total equity </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>57,958</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>22,841</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>73,596</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(92,262</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>62,133</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total liabilities and equity </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>182,416</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>29,038</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>782,225</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(163,267</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>830,412</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="51%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="9%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>American<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>International<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Group, Inc.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Consolidated<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>(As Guarantor)</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>AIGLH</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Subsidiaries</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Eliminations</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>AIG</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=18><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">December&nbsp;31, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Assets: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Investments<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>16,110 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>753,181 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(132,379 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>636,912 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Loans to subsidiaries<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>64,283 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(64,283 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Cash </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>103 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,539 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,642 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Investment in consolidated subsidiaries<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>65,724 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>23,256 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>34,499 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(123,479 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Debt issuance costs, including prepaid commitment asset of $15,458 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15,743 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>172 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15,915 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11,707 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,626 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>184,923 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(307 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>198,949 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>173,670 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>25,882 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>917,031 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(256,165 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>860,418 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Liabilities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Insurance liabilities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>503,171 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(103 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>503,068 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Federal Reserve Bank of New York credit facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>40,431 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>40,431 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Federal Reserve Bank of New York Commercial </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Paper Funding Facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15,105 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15,105 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>47,928 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,097 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>219,596 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(131,954 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>137,667 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other liabilities<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>32,601 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,063 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>64,804 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>953 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>101,421 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total liabilities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>120,960 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5,160 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>802,676 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(131,104 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>797,692 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Redeemable noncontrolling interest in partially owned consolidated subsidiaries </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,921 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,921 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total AIG shareholders&#146; equity </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>52,710 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>20,722 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>103,489 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(124,211 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>52,710 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,945 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(850 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,095 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total equity </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>52,710 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>20,722 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>112,434 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(125,061 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>60,805 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total liabilities and equity </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>173,670 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>25,882 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>917,031 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(256,165 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>860,418 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Includes intercompany derivative positions, which are reported at fair value before credit valuation adjustment.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Eliminated in consolidation.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Condensed Consolidating Statement of Income (Loss)</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="54%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>American<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>International<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Group, Inc.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Consolidated<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Guarantor</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>AIGLH</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Subsidiaries</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Eliminations</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>AIG</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=18><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt"><B>Three Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Operating income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(665</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(39</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2,023</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,319</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Equity in undistributed net income (loss) of consolidated subsidiaries<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,967</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>136</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,103</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Dividend income from consolidated subsidiaries<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>294</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>169</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(463</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Income tax expense (benefit)<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(226</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(11</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(289</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(526</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Net income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,822</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>277</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,312</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,566</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,845</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Less: Net loss attributable to noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>23</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>23</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Net income (loss) attributable to AIG </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,822</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>277</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2,312</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(2,589</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,822</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Three Months Ended June&nbsp;30, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Operating loss </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(52 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(20 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(8,684 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(8,756 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Equity in undistributed net income (loss) of consolidated subsidiaries<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6,164 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,729 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,893 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Dividend income from consolidated subsidiaries<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>724 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(724 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Income tax expense (benefit)<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(135 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(4 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3,218 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3,357 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Net loss </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,357 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,745 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,466 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,169 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,399 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Less: Net income attributable to the noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(42 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(42 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Net loss attributable to AIG </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,357 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(1,745 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,424 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>7,169 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,357 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt"><B>Six Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Operating income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(3,599</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(68</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(1,382</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(5,049</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Equity in undistributed net income (loss) of consolidated subsidiaries<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(631</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(886</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,517</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Dividend income from consolidated subsidiaries<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>520</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>169</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(689</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Income tax expense (benefit)<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,179</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(19</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(563</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,761</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Net income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,531</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(766</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(819</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>828</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3,288</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Less: Net loss attributable to noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(757</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(757</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Net income (loss) attributable to AIG </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(2,531</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(766</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(819</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,585</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(2,531</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Six Months Ended June&nbsp;30, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Operating loss </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(885 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(41 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(19,094 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(20,020 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Equity in undistributed net income (loss) of consolidated subsidiaries<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13,918 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,975 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>16,893 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Dividend income from consolidated subsidiaries<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,473 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,473 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Income tax expense (benefit)<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(168 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(7 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6,719 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6,894 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Net loss </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13,162 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3,009 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(12,375 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15,420 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13,126 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Less: Net income attributable to the noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>36 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>36 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Net loss attributable to AIG </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(13,162 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(3,009 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(12,411 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>15,420 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(13,162 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Eliminated in consolidation.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>The net tax benefit recorded with respect to AIG parent includes decreases in the valuation allowance of $1.8&nbsp;billion, and $195&nbsp;million for the three and six months ended June&nbsp;30, 2009, respectively. The decrease in valuation allowance is mainly attributable to the effects of recently announced transactions. See Note&nbsp;12 for additional information.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Condensed Consolidating Statement of Cash Flows</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="59%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="2%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="2%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="2%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>American<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>International<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Group, Inc.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Consolidated<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Guarantor</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>AIGLH</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Subsidiaries</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>AIG</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Six Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net cash (used in) provided by operating activities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(313</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>8,349</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>8,036</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Cash flows from investing activities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Invested assets disposed </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,168</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>63,489</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>68,657</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Invested assets acquired </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(4,418</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(46,663</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(51,081</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Sales of divested businesses, net </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>850</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>169</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,836</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,855</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Loans to subsidiaries&nbsp;&#151; net </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3,858</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,858</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(930</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,150</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(10,817</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(12,897</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net cash (used in) provided by investing activities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3,188</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(981</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,703</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7,534</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Cash flows from financing activities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Federal Reserve Bank of New York credit facility borrowings </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>15,700</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>15,700</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Repayment of Federal Reserve Bank of New York credit facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">borrowings </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(12,500</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(12,500</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Issuance of long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,558</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,558</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Repayments of long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,876</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(9,094</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(10,970</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Proceeds from drawdown on the Department of the Treasury Commitment </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,150</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,150</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>987</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>981</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(16,347</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(14,379</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net cash (used in) provided by financing activities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,461</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>981</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(22,883</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(18,441</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Effect of exchange rate changes on cash </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>31</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>31</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Change in cash </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(40</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,800</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,840</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Cash at beginning of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>103</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8,539</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8,642</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Cash at end of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>63</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5,739</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5,802</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Six Months Ended June&nbsp;30, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net cash (used in) provided by operating activities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(594 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>115 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>16,607 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>16,128 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Cash flows from investing: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Invested assets disposed </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>603 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>79,738 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>80,341 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Invested assets acquired </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,096 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(87,214 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(89,310 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(11,466 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(116 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,589 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13,171 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net cash (used in) provided by investing activities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(12,959 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(116 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(9,065 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(22,140 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Cash flows from financing activities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Issuance of long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>13,080 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>42,605 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>55,685 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Repayments of long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,912 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(54,733 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(56,645 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Proceeds from common stock issued </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,343 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,343 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Payments advanced to purchase shares </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,000 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,000 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Cash dividends paid to shareholders </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,036 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,036 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3,003 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,568 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,565 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net cash (used in) provided by financing activities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>13,472 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(7,560 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5,912 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Effect of exchange rate changes on cash </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>45 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>45 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; 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</TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,199 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,284 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Cash at end of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,226 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,229 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Condensed Consolidating Statement of Cash Flows&nbsp;&#151; (Continued)</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">American International Group, Inc. Guarantor supplementary disclosure of cash flow information:</FONT></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="85%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>Six Months Ended June&nbsp;30,</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=6><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Intercompany non-cash financing/investing activities:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Capital contributions in the form of bonds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2,698</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other non-cash capital contributions to subsidiaries </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>725</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>498 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE></BODY></HTML> -20000000 1111000000 450000000 5496000000 2471000000 43596000000 51978000000 136000000 264000000 25342000000 30949000000 -136000000 A net gain of $178 million was recognized in the six-month period ended June 30, 2009 associated with redeemable noncontrolling interests (not reflected above). 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5,000,000,000 shares authorized; shares issued: 2009 -147,377,020; 2008 - 147,401,900 Comprehensive Income, Net of Tax, Attributable to ParentComprehensive income (loss) Comprehensive income (loss) attributable to AIG Current income taxes (benefits) Debt Disclosure [Text Block]Debt Disclosure Deferred income taxes (benefits) Deferred Policy Acquisition Cost, Amortization ExpenseAmortization of deferred policy acquisition costs Increase (Decrease) in Deferred Policy Acquisition CostsCapitalization of deferred policy acquisition costs Capitalization of deferred policy acquisition costs Deferred Policy Acquisition CostsDeferred policy acquisition costs Policyholder Contract DepositsPolicyholder contract deposits (portion measured at fair value: 2009 - $7,273; 2008 - $5,458) DepositsTrust deposits and deposits due to banks and other depositors (portion measured at fair value: 2009 - $26; 2008 - $30) Other Depreciation and AmortizationDepreciation and other amortization Derivative AssetsUnrealized gain on swaps, options and forward transactions, at fair value Derivative Instruments and Hedging Activities Disclosure [Text Block]Derivatives and Hedge Accounting Earnings Per Share, DilutedDiluted (in dollars per share) Equity in income of partially owned companies and other invested assets Equity in income of partially owned companies and other invested assets Effect of Exchange Rate on Cash and Cash EquivalentsEffect of exchange rate changes on cash Policyholder Benefits and Claims Incurred, NetPol icyholder benefits and claims incurred Securities Purchased under Agreements to ResellSecurities purchased under agreements to resell, at fair value Funds Held under Reinsurance Agreements, LiabilityFunds held by companies under reinsurance treaties Hybrid financial instruments, at fair value Impairment of InvestmentsOther-than-temporary impairments Consolidated Statement of Income (Loss) Income Tax Disclosure [Text Block]Federal Income Taxes Income Taxes Paid, NetTaxes Increase (Decrease) in Accrued Investment Income ReceivableInvestment income due and accrued Investment income due and accrued Increase (Decrease) in Trading SecuritiesTrading securities Interest ExpenseInterest expense Investments: InvestmentsTotal investments Liabilities: Liabilities, preferred shareholders' equity in subsidiary companies and shareholders' equity: Liabilities and Stockholders' EquityTotal liabilities and equity LiabilitiesTotal liabilities Federal Reserve Bank of New York credit facility Loans held for sale Securities available for sale, at fair value (cost: 2007 - $40,157; 2006 - $45,912) Held-to-maturity SecuritiesBonds held to maturity, at amortized cost (fair value: 2009 - $xxx; 2008 - $xxx) Stockholders' Equity Attributable to Noncontrolling InterestNoncontrolling interest Cash flows from financing activities: Net Cash Provided by (Used in) Financing ActivitiesNet cash provided by (used in) financing activities Net cash provided by (used in) financing activities Cash flows from investing activities: Net Cash Provided by (Used in) Investing ActivitiesNet cash provided by (used in) investing activities Net cash provided by (used in) investing activities Cash flows from operating activities: Net Cash Provided by (Used in) Operating ActivitiesNet cash provided by operating activities Net cash provided by operating activities Increase (Decrease) in Other DepositsChange in other deposits Proceeds from (Payments for) Securities Purchased under Agreements to ResellSecurities purchased under agreements to resell Proceeds from (Payments for) in Securities Sold under Agreements to RepurchaseSecurities sold under agreements to repurchase Net Income (Loss) Attributable to ParentNet income (loss) attributable to AIG Net income (loss) attributable to AIG Net Investment IncomeNet investment income Allowance for Loan and Lease Losses, Real EstateA llowance for mortgage and other loans receivable Loans and Leases Receivable, AllowanceAllowance for finance receivables Revenues: RevenuesRevenues Total revenues Origination of Loan to Purchase Common StockPayments advanced to purc hase treasury stock Payments advanced to purchase shares Other AssetsOther assets, including prepaid commitment asset of $13,814 in 2009 and $15,458 in 2008 (portion measured at fair value: 2009 - $306; 2008 - $369) Increase (Decrease) in Other Operating Assets and Liabilities, NetOther assets and liabilities - net Other assets and liabilities - net Other Comprehensive Income, Defined Benefit Plan's Adjustment, before TaxChange in retirement plan liabilities adjustment Other Comprehensive Income, Derivatives Qualifying as Hedges, before TaxNet gains (losses) on cash flow hedges, net of reclassification adjustments Net derivative gains (losses) arising from cash flow hedging activities, net of reclassification adjustments Other Comprehensive Income, Foreign Currency Transaction and Translation Adjustment, before TaxForeign currency translation adjustments Translation adjustment Other comprehensive income (loss): Other Comprehensive Income, Minimum Pension Liability Net Adjustment, Net of TaxMinimum pension liability adjustment Other Comprehensive Income (Loss), Net of TaxAccumulated other comprehensive income Other comprehensive income (loss) Balance, beginning of period Balance, end of period Unrealized appreciation (depreciation) of investments - net of reclassification adjustments Unrealized appreciation (depreciation) appreciation of investments - net of reclassification adjustments Income tax benefit (expense) on above changes Payments for (Proceeds from) Other Investing ActivitiesOther, net Proceeds from (Payments for) Other Financing ActivitiesOther, net Increase (Decrease) in Other Policyholder FundsOt her policyholder funds Other Policyholder FundsOther policyholder funds Other Short-term InvestmentsShort-term investments (portion measured at fair value: 2009 - $24,726; 2008 - $19,316) Payables to Broker-Dealers and Clearing OrganizationsTrade payables Payments of DividendsCash dividends paid to shareholders Cash dividends paid to shareholders Pension and Other Postretirement Benefits Disclosure [Text Block]Employee Benefits Preferred Stock, Shares IssuedPreferred stock, issued (in shares) Allowance for Doubtful Accounts, Premiums and Other ReceivablesAllowance for premiums and insurance balances receivable Sales and maturities of fixed maturity securities available for sale and hybrid investments Proceeds from Issuance of Common StockIssuance of common stock Proceeds from Noncontrolling InterestsContributions from noncontrolling interest Contributions from noncontrolling interest Proceeds from Issuance of Other Long-term DebtIssuance of o ther long-term debt Proceeds from Issuance of Preferred Stock and Preference StockProceeds from issuance of Series F preferred stock Proceeds from Sale of Treasury StockIssuance from treasury stock Federal Reserve Bank of New York credit facility borrowings Long-term borrowings issued Proceeds from Maturities, Prepayments and Calls of Available-for-sale SecuritiesMaturities of fixed maturity securities available for sale and hybrid investments Proceeds from Maturities, Prepayments and Calls of Held-to-maturity SecuritiesMaturities of fixed maturity securities held to maturity Proceeds from Sale and Maturity of Other InvestmentsSales or distributions of other invested assets Property, Plant and Equipment, NetReal estate and other fixed assets, net of accumulated depreciation Provision for Loan, Lease, and Other LossesProvision for mortgage, other loans and finance receivab les Payments to Acquire Finance ReceivablesFinance receivables held for investment - originations and p urchases Finance receivables held for investment - originations and purchases Payments to Acquire Held-to-maturity SecuritiesPurchases of fixed maturity securities held to maturity Purchases of fixed maturity securities held to maturity Payments to Acquire Other InvestmentsPurchases of other invested assets Purchases of other invested assets Reinsurance RecoverablesReinsurance assets, net of allowance Increase (Decrease) in Reinsurance RecoverableRei nsurance assets Reinsurance assets Related Party Transactions Disclosure [Text Block]Ownership and Transactions with Related Parties Repayments on Federal Reserve Bank of New York credit facility borrowings Repayments on long-term borrowings Repayments on long-term borrowings Repayments of Other Long-term DebtRepayments on other long-term debt Payments for Repurchase of Common StockAcquisition of treasury stock Acquisition of treasury stock Payments to Noncontrolling InterestsDistributions to noncontrolling interest Restructuring and Related Activities Disclosure [Text Block]Restructuring Restructuring, Settlement and Impairment ProvisionsRestructuring expenses and related asset impairment and other expenses Cumulative Effect of Initial Adoption of New Accounting PrincipleCumulative effect of change in accounting principle Retained Earnings (Accumulated Deficit)Accumulated deficit Premiums Earned, NetPremiums and other considerations Bonds available for sale, at fair value (amortized cost: 2007 - $393,170; 2006 - $377,163) Securities Received as CollateralSecurities lending invested collateral, at fair value (cost: 2009 - $1,334; 2008 - $3,905) Financial Instruments Sold, Not yet Purchased, at Fair ValueSecurities and spot commodities sold but not yet purchased, at fair value Segment Reporting Disclosure [Text Block]Segment Information Selling, General and Administrative ExpensePolicy acquisition and oth er insurance expenses Separate Account AssetsSeparate account assets, at fair value Separate Accounts, LiabilitySeparate account liabilities Consolidated Statement of Cash Flows Consolidated Statement of Comprehensive Loss Consolidated Statement of Equity Statutory Accounting Practices Disclosure [Text Block]Statutory Accounting Practices Disclosure AIG shareholders' equity: Supplementary disclosure of cash flow information: Treasury stock, at cost Stock Issued During Period, Shares, Treasury Stock ReissuedShares issued under stock plans Stock Issued During Period, Value, Treasury Stock ReissuedShares issued under stock plans Schedule of Variable Interest Entities [Text Block]Variable Interest Entities Weighted Average Number of Shares Outstanding, DilutedDiluted (in shares) Weighted Average Number of Shares Outstanding, BasicBasic (in shares) Withdrawal from Contract Holders FundsPolicyholder contract withdrawals Policyholder contract withdrawals Common stock CashCash Cash at beginning of period Cash at end of period Preferred stock: Loans, Notes, Trade and Other Receivables Disclosure [Text Block]Loans, Notes, Trade and Other Receivables Disclosure Securities available for sale, at cost Available-for-sale Securities, Debt Maturities, Amortized CostBonds available for sale, amortized cost Available-for-sale Securities, Debt SecuritiesB onds available for sale, at fair value (amortized cost: 2009 - $372,480; 2008 - $373,600) Available-for-sale Securities, Equity SecuritiesCommon and preferred stock available for sale, at fair value (cost: 2009 - $7,030; 2008 - $8,381) Held-to-maturity Securities, Fair ValueBonds held to maturity, fair value AssetsTotal assets Trading Securities, DebtBond trading securities, at fair value Trading Securities, EquityCommon and preferred stock trading, at fair value Trading securities, at fair value Accrued Investment Income ReceivableInvestment income due and accrued Common Stock, Dividends, Per Share, DeclaredDividends declared per common share (in dolla rs per share) Disclosure of Compensation Related Costs, Share-based Payments [Text Block]Disclosure of Compensation Related Costs, Share-based Payments Scenario Domain Statement - Table Statement - Scenario Axis Securities Loaned or Sold under Agreements to Repurchase, Fair Value DisclosureSecurities sold under agreements to repurchase, portion measured at fair value Income (Loss) from Equity Method Investments, Net of Dividends or DistributionsEquity in (income) loss from equity method investments, net of dividends or distributions Assets: Statement - Line items Fair Value Disclosures [Text Block]Fair Value Measurements Temporary Equity, Redemption ValueRedeemable noncontrolling interest in partially owned consolidated subsidiaries Quarterly Financial Information [Text Block]Quarterly Financial Infor mation Preferred Stock, Liquidation Preference Per SharePreferred stock, liquidation preference per share (in dollars per share) Other Comprehensive Income, Reclassification of Defined Benefit Plan's Net Gain (Loss) Recognized in Net Periodic Benefit Cost, before TaxNet actuarial loss Other Comprehensive Income, Amortization of Defined Benefit Plan Net Prior Service Cost (Credit) Recognized in Net Periodic Benefit Cost, before TaxPrior service credit Class of Stock Treasury Stock, ValueTreasury stock, at cost; 2009 - 12,807,642; 2008 - 12,918,446 shares of common stock Payments to Acquire Available-for-sale Securities, DebtPurchases of fixed maturity securities available for sale and hybrid investments Purchases of fixed maturity securities available for sale and hybrid investments Payments to Acquire Available-for-sale Securities, EquityPurchases of equity securities available for sale Proceeds from Sale of Available-for-sale Securities, DebtSales of fixed maturity securities available for sale and hybrid investments Proceeds from Sale of Available-for-sale Securities, EquitySales of equity securities available for sale Other LiabilitiesOther liabilities (portion measured at fair value: 2009 - $3,277; 2008 - $1,355) Earnings Per Share, BasicBasic (in dollars per share) Net income Increase (decrease) in equity Preferred Stock, Par or Stated Value Per SharePreferred stock, par va lue (in dollars per share) Premiums and Other Receivables, NetPremiums and insurance balances receivable, net of allowance Common Stock, Shares, IssuedCommon stock, issued (in shares) Long-term borrowings Other expenses Other Long-term DebtOther long-term debt (portion measured at fair value: 2009 - $16,153; 2008 - $16,595) Basic Diluted Income (loss) per common share attributable to AIG: Increase (Decrease) in Broker-Dealer Related Receivables (Payables), NetTrade receivables and payables - net Trade receivables and payables - net Proceeds from Sale and Collection of Finance ReceivablesPrincipal payments received on and sales of finance receivables held for investment Increase (Decrease) in Funds Held under Reinsurance AgreementsFunds held under reinsurance treaties Funds held under reinsurance treaties Class of Stock - Axis Unearned PremiumsUnearned premiums Common Stock, Par or Stated Value Per ShareCommon stock, par value (in dollars per share) Treasury Stock, SharesTreasury stock, shares of common stock (in shares) Other Comprehensive Income, Foreign Currency Translation Adjustment, TaxIncome tax benefit (expense) on above changes Other Comprehensive Income, Derivatives Qualifying as Hedges, Tax EffectIncome tax benefit (expense) on above changes Other Comprehensive Income, Defined Benefit Plans, TaxIncome tax benefit (expense) on above changes Obligation to Return Securities Received as CollateralSecurities lending payable Securities Sold under Agreements to RepurchaseSecurities sold under agreements to repurchase (portion measured at fair value: 2009 - $2,716; 2008 - $4,508) Stockholders' Equity Attributable to ParentTotal AIG shareholders' equity Balance, beginning of year Balance, end of year Shareholders' equity Income taxes (benefits): Income Tax Expense (Benefit)Total income taxes Income tax expense (benefit) Foreign Currency Transaction Gain (Loss), UnrealizedForeign exchange transaction (gains) losses Foreign exchange transaction (gains) losses Preferred Stock, Value, IssuedPreferred stock Other Comprehensive Income, Cumulative Effect of Change in Accounting Principle, before TaxesCumulative effect of change in accounting principle Other Comprehensive Income, Cumulative Effect of Change in Accounting Principle, TaxesIncome tax benefit on above change in accounting principle Cumulative effect of accounting changes, net of tax Cumulative effect of accounting changes, net of tax Cumulative effect of accounting changes, net of tax Other ExpensesOther expenses Comprehensive income (loss): Summary: Derivative LiabilitiesUnrealized loss on swaps, options and forward transactions, at fair value Other IncomeOther income (loss) Benefits, claims and expenses: Benefits, Losses and ExpensesTotal benefits, claims and expenses Benefits and expenses Other Receivables from Broker-Dealers and Clearing OrganizationsTrade receivables Statement - Shareholders' Equity Component Additional paid-in capital Accumulated deficit Accumulated other comprehensive loss Foreign currency translation adjustments Retirement plan liabilities adjustment Total equity Restructuring Costs and Asset Impairment ChargesImpairments of goodwill and other assets Net derivative gains (losses) arising from cash flow hedging activities Net realized capital losses: Realized Investment Gains (Losses)Total net realized capital losses GoodwillGoodwill Income before cumulative effect of accounting changes Income before cumulative effect of accounting changes Income before cumulative effect of accounting changes Stock Issued During Period, Value, New IssuesIssuances Excess of cost over proceeds of common stock issued under stock plans Stock Issued During Period, Shares, New IssuesIssuances Treasury Stock, Shares, AcquiredCost of shares acquired Adjusted balance Treasury Stock, Value, Acquired, Cost MethodCost of shares acquired Marketable Securities, Realized Gain (Loss), Other than Temporary Impairments, AmountTotal other-than-temporary impairments on available for sale securities Other Assets, Fair Value DisclosureOther assets, including prepaid commitment asset, portion measured at fair value Dividends, Common StockDividends to common shareholders Shares, IssuedBalance, beginning of year (shares) Balance, end of year (shares) Shares issued Net Income (Loss), Including Portion Attributable to Noncontrolling InterestNet income (loss) Net loss Net income (loss) Net Income (Loss) Attributable to Noncontrolling InterestLess: net income (loss) attributable to noncontrolling interest Accrued Income TaxesIncome taxes payable Income before cumulative effect of accounting changes Comprehensive loss Comprehensive Income, Net of Tax, Including Portion Attributable to Noncontrolling InterestComprehensive income (loss) Comprehensive Income, Net of Tax, Attributable to Noncontrolling InterestComprehensive income (loss) attributable to noncontrolling interests Stockholders' Equity, Including Portion Attributable to Noncontrolling InterestTotal equity Balance, beginning of period Balance, end of period Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating ActivitiesTotal adjustments Accounts PayableCommissions, expenses and taxes payable Noncontrolling interest Total AIG shareholders' equity Commitments and ContingenciesCommitments, contingencies and guarantees (See Note 10) Adjustments to reconcile net loss to net cash provided by operating activities: Noncash revenues, expenses, gains and losses included in income (loss): Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities, OtherOther, net Stockholders' Equity, OtherOther Application of Recognition Provisions of FAS 158, Effect on Accumulated Other Comprehensive Income, Net of TaxAdjustment to initially apply FAS 158, net of tax Net income: Fixed maturity securities: Equity securities: Mortgage and other loans receivable, net of allowance (portion measured at fair value: 2009 - $99; 2008 - $131) Includes mortgage loans on real estate, policy loans and collateral, commercial and guaranteed loans. Mortgage loans on real estate and collateral, commercial and guaranteed loans are carried at unpaid principal balances less credit allowances and plus or minus adjustments for the accretion or amortization of discount or premium. Policy loans are carried at unpaid principal amount. There is no allowance for policy loans because these loans serve to reduce the death benefit paid when the death claim is made and the balances are effectively collateralized by the cash surrender value of the policy. Mortgage and Other Loans Receivable, Net Flight equipment primarily under operating leases, net of accumulated depreciation Passenger aircraft, freighter aircraft, and flight equipment stated at cost, net of accumulated depreciation. Major additions, modifications and interest are capitalized. Flight Equipment, Net Accumulated depreciation, flight equipment primarily under operating leases The cumulative amount of depreciation, depletion and amortization (related to flight equipment) that has been recognized in the income statement. Accumulated Depreciation, Flight Equipment Securities lending invested collateral, cost The cost as of the balance sheet date of the assets received as collateral against securities loaned to other broker-dealers. Borrowers of securities generally are required to provide collateral to the lenders of securities, commonly cash but sometimes other securities or standby letters of credit, with a value slightly higher than that of the securities borrowed. Securities Received as Collateral, at Cost Allowance for reinsurance assets The valuation allowance as of the balance sheet date to reduce the gross amount of reinsurance assets to estimated net realizable value. Allowance for Reinsurance Recoverables Future policy benefits for life and accident and health insurance contracts The sum of the known and estimated amounts payable as of the balance sheet date to life insurance policyholders that relates to insured events which can be viewed as either (a) the present value of future benefits to be paid to or on behalf of policyholders and expenses less the present value of future net premiums payable under the insurance contracts or (b) the accumulated amount of net premiums already collected less the accumulated amount of benefits and expenses already paid to or on behalf of policyholders. Additionally, the amount needed to reflect the estimated ultimate cost of settling claims relating to accident and health insurance insured events that have occurred on or before a particular date (ordinarily, the balance sheet date) and the amount needed to provide for the estimated ultimate cost required to investigate and settle claims relating to insured events that have occurred on or before a particular date (ordinarily, the balance sheet date), whether or not reported to the insurer at that date. Future Policy Benefits for Life and Accident and Health Insurance Contracts Insurance balances payable The carrying amount as of the balance sheet date of the following combination (a) the known and estimated amounts owed to insurers under reinsurance treaties or other arrangements and (b) any reserves for outstanding life insurance and accident and health claims, net of applicable reinsurance. Insurance Balances Payable Advance Payments for Share Purchase Payments advanced to purchase shares under structured share repurchase agreements providing for the purchase of shares over time. Payments advanced to purchase shares Treasury stock, shares held by subsidiaries (in shares) Treasury stock, shares held by subsidiaries Treasury Stock Shares Held by Subsidiaries Gain (Loss) on Unrealized Market Valuation Unrealized market valuation losses on AIGFP super senior credit default swap portfolio Unrealized market valuation (gains) losses on AIGFP super senior credit default swap portfolio Gain (Loss) on Sale of Securities Available for Sale and Other Assets, Net Net gains on sales of securities available for sale and other assets Net gains on sales of securities available for sale and other assets Unrealized Gain (Loss) on Non-AIGFP Derivatives and Other Assets and Liabilities Changes in net unrealized (gains) losses on derivative instruments, such as swaps, forwards, options not entered into by broker dealer entities, and other assets and liabilities. Net unrealized (gains) losses on non-AIGFP derivatives and other assets and liabilities General and life insurance reserves The net change in the beginning and end of period of general and life insurance reserve balances; shall be classified as cash flows from operating activities. Change in General and Life Insurance Reserves Change in Premiums and Insurance Balances Receivable and Payable, Net Represents (a) changes in the carrying amount, net of allowance for doubtful accounts, of all premiums and other types of receivables due from other persons or entities and (b) changes in the carrying amount of the following combination (1) the known and estimated amounts owed to insurers under reinsurance treaties or other arrangements and (2) any reserves for outstanding life insurance and accident and health claims, net of applicable reinsurance. Premiums and insurance balances receivable and payable - net Change in Finance Receivables and Other Loans Held for Sale, Originations and Purchases Originations and purchases of Finance receivables and other loans held for sale Finance receivables and other loans held for sale - originations and purchases Sales of finance receivables and other loans - held for sale Sales of finance receivables and other loans - held for sale Sale of Finance Receivables and Other Loans Held for Sale Sales of flight equipment The cash inflow from the sale of passenger aircraft, freighter aircraft, or flight equipment. Sale of Flight Equipment Principal payments received on mortgage and other loans receivable The cash inflow associated with mortgage loans on real estate, policy loans and collateral, commercial and guaranteed loans. Payments Received on Mortgage and Other Loans Receivable Purchases of Flight Equipment The cash outflow for acquisition of or capital improvements on passenger aircraft, freighter aircraft, or flight equipment. Purchases of flight equipment (including progress payments) Mortgage and Other Loans Receivable Issued The cash outflow associated with mortgage loans on real estate, policy loans and collateral, commercial and guaranteed loans. Mortgage and other loans receivable issued Increase (Decrease) in Short-term Investments, Net The cash flows associated with short-term investments, which consist of interest-bearing cash equivalents, time deposits, and investments with original maturities within one year from the date of purchase, such as commercial paper. Net change in short-term investments Change in Non-AIGFP Derivative Assets and Liabilities, Net The cash flows associated with derivative instruments, such as swaps, forwards, options not entered into by broker dealer entities. Net change in non-AIGFP derivative assets and liabilities Change in securities lending payable Cash flows associated with securities lending payable. Change in Securities Lending Payable Redemption of subsidiary company preferred stock Cash flows associated with outstanding preferred stock or interest of a wholly owned subsidiary. Redemption of Subsidiary Company Preferred Stock Cash paid (received) during the period for: Non-cash financing/investing activities: Treasury stock acquired using payments advanced to purchase shares Treasury stock acquired using payments advanced to purchase shares Treasury Stock Acquired Using Payments Advanced to Purchase Shares Interest credited to policyholder accounts included in financing activities Interest credited to policyholder accounts included in financing activities Interest Credited to Policyholder Accounts Included in Financing Activities Unrealized Market Valuation Losses on AIGFP Unrealized market valuation gains (losses) on AIGFP super senior credit default swap portfolio Unrealized market valuation losses on AIGFP super senior credit default swap portfolio Income before income taxes and minority interest Income (loss) before income tax expense (benefit) Income before income taxes and minority interest. Income (Loss) from Continuing Operations before Income Taxes Payments advanced to purchase shares Other Represents changes in Additional paid in capital not otherwise specified in the taxonomy. Adjustments to Additional Paid-in Capital, Other Payments advanced Payments advanced during the period to purchase shares under structured share repurchase agreements providing for the purchase of shares over time. Advance Payments to Purchase Shares Under Structured Share Repurchase Agreements Shares purchased Shares purchased during the period under structured share repurchase agreements providing for the purchase of shares over time. Shares Purchased Under Structured Share Repurchase Agreements Other (shares) Treasury Stock Shares, Other Change in number of treasury shares not otherwise specified in the taoxonomy. Document and Entity Information Shares Cash, Period Increase (Decrease) Change in cash The net change between the beginning and ending balance of cash, defined as unrestricted cash available for day-to-day operating needs. Change in cash Notes to Consolidated Financial Statements Description containing the entire organization, consolidation, basis of presentation of financial statements and significant accounting policies disclosure. Summary of Significant Accounting Policies Organization, Consolidation and Presentation of Financial Statements, and Significant Accounting Policies Disclosure [Text Block] Describes statutory deposits, net investment income, net realized gains and losses, fair value of available for sale and held to maturity securities, non-income producing invested assets, gross unrealized losses on investments, other invested assets and investment in life settlement contracts. Investments Investments [Text Block] Reinsurance Disclosure Reinsurance Disclosure [Text Block] Describes the nature and amount of capitalized costs incurred to write or acquire insurance contracts, the basis for and methodology for capitalizing such costs, the accounting for such deferred acquisition costs (DAC) when modifications or internal replacements of related insurance contracts occur and the effect on results of operations, and the methodology and amount of amortization. Deferred Policy Acquisition Costs Disclosure Deferred Policy Acquisition Costs Disclosure [Text Block] Reserve for Losses and Loss Expenses and Future Life Policy Benefits and Policyholders' Contract Deposits Reserve for Loss Expenses and Future Life Policy Benefits and Policyholders Contract Deposits [Text Block] Variable Life and Annuity Contracts Variable Life and Annuity Contracts [Text Block] Preferred Shareholders' Equity in Subsidiary Companies Preferred Shareholders' Equity in Subsidiary Companies [Text Block] Total Equity and Earnings (Loss) Per Share Total Equity and Earnings Per Share [Text Block] Disclosure related to equity and earnings per share. Disclosure related to accounts comprising shareholders' equity, including other comprehensive income. Includes: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and pe r share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables; effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure. This element may be used to capture the complete disclosure pertaining to an entity's earnings per share. Benefits Provided by Starr International Company, Inc. and C.V. Starr & Co., Inc. Benefits Provided by Economic Interest Holder [Text Block] Cash Flows Restated Cash Flows Restated [Text Block] Current and Deferred Income Taxes Current and deferred income taxes The total of current income taxes and deferred income taxes. Current income taxes represent the carrying amount as of the balance sheet date of income taxes previously overpaid to tax authorities representing refunds of overpayments or recoveries based on agrred-upon resolutions of disputes. Defered income taxes represent the aggregate tax effects as of the balance sheet date of all future tax deductions arising from temporary differences between tax basis and generally accepted accounting principles basis recognition of assets, liabilities, revenues and expenses, which can only be deducted for tax purposes when permitted under enacted tax laws; net of deducting the allocated valuation allowance, if any, to reduce such amount to net realizable value. Available-for-sale Securities, Equity Securites, Cost The cost as of the balance sheet datel of all equity securities which are classified neither as held-to-maturity nor trading securities. Common and preferred stock available for sale, cost Invested Assets, Other, Fair Value The fair value of investments not otherwise specified in the taxonomy. Other invested assets, portion measured at fair value The fair value of other investments not otherwise specified in the taxonomy that will be realized in a short period of time, usually less than one year or the normal operating cycle, whichever is longer. Other Short-term Investments, Fair Value Short-term investments, portion measured at fair value Prepaid Commitment Asset Other assets: Prepaid commitment asset Value as of the balance sheet date of the consideration for a line of credit facility. FRBNY Commercial Paper Funding Facility Federal Reserve Bank of New York Commercial Paper Funding Facility (portion measured at fair value: 2009 - $6,233; 2008 - $6,802) The carrying value as of the balance sheet date of commercial paper borrowings outstanding with the Federal Reserve Bank of New York in connection with its Commercial Paper Funding Facility program. Change in Income Taxes Receivable and Payable, Net The net change during the reporting period in income taxes receivable and accrued income taxes payable. Income taxes receivable and payable - net Proceeds from Sale of Trading Securities in Investing Activities Sales of trading securities "The cash inflow associated with the sale of trading securities that are part of the entity's investing activities. Payments to Acquire Trading Securities in Investing Activities The cash outflow associated with the purchase of trading securities that are part of the entity's investing activities. Purchases of trading securities Proceeds from (Repayments of) Short-term Debt, FRBNY CPFF The net cash inflow (outflow) for borrowings under the FRBNY CPFF having initial term of repayment within one year or the normal operating cycle, if longer. Change in Federal Reserve Bank of New York Commercial Paper Funding Facility borrowings Adjustment to Additional Paid in Capital, Reclassification of Warrants upon Adoption of New Accounting Principle Reclassification of warrants upon change in accounting principle Adjustment to additional paid-in capital for the reclassification of warrants upon adoption of a new accounting principle. Mortgage and Other Loans Receivable, at Fair Value The fair value of mortgage loans on real estate, policy loans and collateral, commercial and guaranteed loans. Mortgage loans on real estate and collateral, commercial and guaranteed loans are carried at unpaid principal balances less credit allowances and plus or minus adjustments for the accretion or amortization of discount or premium. Policy loans are carried at unpaid principal amount. There is no allowance for policy loans because these loans serve to reduce the death benefit paid when the death claim is made and the balances are effectively collateralized by the cash surrender value of the policy. Mortgage and other loans receivable, net of allowance, portion measured at fair value Policyholder Contract Deposits, at Fair Value The fair value of the liability as of the balance sheet date to the policyholders for deposits held under the terms of insurance contracts. Policyholder contract deposits, portion measured at fair value Deposits, at Fair Value The fair value of the aggregate of all deposit liabilities held by the entity, including foreign and domestic, interest and noninterest bearing; may include demand deposits, saving deposits, Negotiable Order of Withdrawal (NOW) and time deposits among others. Trust deposits and deposits due to banks and other depositors, portion measured at fair value FRBNY Commericial Paper Funding Facility, at Fair Value The fair value as of the balance sheet date of commercial paper borrowings outstanding with the Federal Reserve Bank of New York in connection with its Commercial Paper Funding Facility program. Federal Reserve Bank of New York Commercial Paper Funding Facility, portion measured at fair value Other Long-term Debt, at Fair Value Including both current and noncurrent portions, the fair value as of the balance-sheet date of other forms of debt not elsewhere specified in the taxonomy with initial maturities beyond one year or beyond the normal operating cycle, if longer. Other long-term debt, portion measured at fair value Other Liabilities, at Fair Value The fair value as of the balance sheet date of liabilities not otherwise specified in the taxonomy. Also serves as the sum of liabilities not individually reported in the financial statements, or not separately disclosed in notes. Other liabilities, portion measured at fair value FRBNY Credit Facility Federal Reserve Bank of New York credit facility The carrying value as of the balance sheet date of the obligations drawn from the Federal Reserve Bank of New York credit facility. Amortization, FRBNY Credit Facility Amortization of costs and accrued interest and fees related to FRBNY credit facility The component of interest expense representing the noncash expenses charged against earnings in the period to obtain financing, accrued interest and fees related to the Federal Reserve bank of New York credit facility. Funding to Establish Maiden Lane III, LLC Funding to establish Maiden Lane III LLC Payment for equity interest in ML III, a Delaware limited liability company controlled by the Federal Reserve Bank of New York to purchase multi-sector CDOs from AIG. Proceeds from FRBNY Credit Facility Borrowings Federal Reserve Bank of New York credit facility borrowings Proceeds from the Federal Reserve Bank of New York line of credit facility with AIG. Repayments of FRBNY Credit Facility Borrowings Federal Reserve Bank of New York credit facility repayments Payments on the Federal Reserve Bank of New York credit facility with AIG. Preferred Stock, Series C; $5.00 par value and aggregate liquidation preference of $500,000; shares issued: 2009 - 100,000 Series C Perpetual, convertible and participating preferred stock issued to a trust established for the sole benefit of the U.S. Treasury. Preferred Stock, Series D; $5.00 par value and aggregate liquidation preference of $40,000,000,000; shares issued: 2009 - 0 and 2008 - 4,000,000 Series D Fixed rate, Cumulative and Perpetual, preferred stock issued to the U.S. Treasury. Preferred Stock, Series E; $5.00 par value and aggregate liquidation preference of $41,604,576,000; shares issued: 2009 - 400,000 Series E Fixed rate, non-Cumulative and Perpetual, preferred stock issued to the U.S. Treasury. Preferred Stock, Series F; $5.00 par value and aggregate liquidation preference of $1,149,999,000; shares issued: 2009 - 300,000 Series F Fixed rate, non-Cumulative and Perpetual, preferred stock issued to the U.S. Treasury. Preferred Stock, Liquidation Preference of All Shares Preferred stock, aggregate liquidation preference (in dollars) The total liquidation preference value of all shares (not per share) that have a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share. Preferred Stock, Series C Series C Perpetual, convertible and participating preferred stock issued to a trust established for the sole benefit of the U.S. Treasury. Preferred Stock, Series D Series D Fixed rate, Cumulative and Perpetual, preferred stock issued to the U.S. Treasury. Series D Fixed rate, Cumulative and Perpetual, preferred stock issued to the U.S. Treasury. Preferred Stock, Series E Series E Fixed rate, non-Cumulative and Perpetual, preferred stock issued to the U.S. Treasury. Preferred Stock, Series F Series F Fixed rate, non-Cumulative and Perpetual, preferred stock issued to the U.S. Treasury. Cumulative Effect of Adoption of Accounting Principle During Interim Period Cumulative effect of change in accounting principle as of April 1, 2009, net of tax Cumulative effect of initial adoption of new accounting principle on retained earnings, net of taxes, when the adoption takes place during an interim period (other than at the beginning of a fiscal year). Unrealized appreciation (depreciation) of fixed maturity investments on which other-than-temporary credit impairments were taken Changes to accumulated other comprehensive income resulting from the gross appreciation or the gross loss in value of the total of unsold fixed maturity investments which had been determined to have had an other than temporary decline in fair value below its amortized cost basis at the end of an accounting period, net of reclassification adjustments. Noncontrolling Interest, Net Decrease due to Deconsolidation Net decrease due to deconsolidation The net decrease in noncontrolling interest due to deconsolidation of a subsidiary. Net Gain (Loss) Excluding Available-for-sale Impairments This item represents the net realized and unrealized gains (losses), excluding impairment losses on available-for-sale securities, included in net income for the period as the result of selling or holding invested assets. This item includes the net gain or loss realized from the sale, exchange, redemption or retirement of securities and the unrealized holding gain or loss for certain invested assets. Other realized capital gains (losses) Other Than Temporary Impairment in Other Comprehensive Income, Reclassification Before Tax Portion of other-than-temporary impairments on available for sale fixed maturity securities recognized in Accumulated other comprehensive loss Noncredit portion of impairment losses on debt securities reclassified to OCI for those securities that meet the criteria to have impairment losses bifurcated between net income (credit losses) and OCI (noncredit losses). Net Impairment Losses on Available-for-sale Securities Net other-than-temporary impairments on available for sale securities recognized in net income (loss) This item represents the amount of loss recognized for other than temporary impairments of investments in debt and equity securities, net of noncredit impairment losses on certain debt securities that are recognized in other comprehensive income. Unrealized appreciation (depreciation) of all other investments Changes to accumulated comprehensive income resulting from the gross appreciation or the gross loss in value of the total of unsold fixed maturity investments other than investments which had been determined to have had an other than temporary decline in fair value below its amortized cost basis at the end of an accounting period, net of reclassification adjustments. Unrealized appreciation (depreciation) of investments - net of reclassification adjustments Other Comprehensive Income, Unrealized Holding Gain (Loss) on All Investments Other Than Investments on Which Other-than-temporary Impairments Were Taken, Before Taxes Unrealized appreciation (depreciation) of all other investments - net of reclassification adjustments Gross appreciation or the gross loss in value of the total of unsold fixed maturity investments other than investments which had been determined to have had an other than temporary decline in fair value below its amortized cost basis at the end of an accounting period, net of reclassification adjustments. Other Comprehensive Income, Unrealized Holding Gain (Loss) on Fixed Maturity Investments on Which Other-than-temporary Impairments Were Taken, Before Taxes Unrealized appreciation (depreciation) of investments - net of reclassification adjustments Unrealized appreciation (depreciation) of fixed maturity investments on which other-than-temporary credit impairments were taken Gross appreciation or the gross loss in value of the total of unsold fixed maturity investments which had been determined to have had an other than temporary decline in fair value below its amortized cost basis at the end of an accounting period, net of reclassification adjustments. Other Comprehensive Income, Unrealized Holding Gain (Loss) on Fixed Maturity Investments on which Other-than-temporary Impairments were Taken, Taxes Income tax benefit (expense) on above changes Tax effect of the gross appreciation or the gross loss, net of reclassification adjustment, in the change in value of fixed maturity investments which had been determined to have had an other than temporary decline in fair value below its amortized cost basis during the period. Other Comprehensive Income, Unrealized Holding Gain (Loss) on All Investments Other than Investments on which Other-than-temporary Impairments were Taken, Taxes Income tax benefit (expense) on above changes Tax effect of the gross appreciation or the gross loss, net of reclassification adjustment, in the change in value of fixed maturity investments other than investments on which it had been determined to have had an other than temporary decline in fair value below its amortized cost basis during the period. Summary of Significant Accounting Policies and Subsequent Events The combined disclosure of organization, consolidation and presentation of financial statements; accounting changes; and subsequent events. Includes a description of the organization, consolidation and presentation of financial statements; disclosure of accounting changes due to the adoption of new accounting standards and a description of accounting standards not yet adopted; plus disclosure of significant events or transactions that occurred after the balance sheet date, but before the issuance of the financial statements Organization, Presentation, Accounting Changes, and Subsequent Events [Text Block] Stockholders' Equity, Period Increase (Decrease)I ncrease (decrease) in equity Stock Issued During Period, Shares, Period Increase (Decrease)Increase (decrease) in shares Disposal Group, Not Discontinued Operation, Gain (Loss) on DisposalNet (gains) losses on sales of divested businesses Net Income (Loss) Available to Common Stockholders, BasicNet income (loss) attributable to AIG common shareholders Proceeds from Divestiture of Businesses, Net of Cash DivestedSales of divested businesses, net Increase (Decrease) in Financial Instruments Sold, Not yet PurchasedSecurities and spot commodities sold but not yet purchased Weighted average shares outstanding: Drawdown on Department of Treasury Commitment Drawdown on the Department of the Treasury Commitment The cash inflows from borrowings on the Department of the Treasury Commitment. Present Value of Future Contract Adjustment Payments Related to Issuance of Equity Units Present value of future contract adjustment payments related to issuance of equity units The noncash adjustments due to the present value of future contract payments related to the issuance of equity untis. Noncash is defined as transactions during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. Long-term Debt Reduction Due to Deconsolidations Long-term debt reduction due to deconsolidations The noncash reduction to long-term debt due to deconsolidations. Noncash is defined as transactions during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. Balance, as previously reported Condensed Financial Information of Parent Company Only Disclosure [Text Block]Information Provided in Connection With Outstanding Debt Short-term BorrowingsCommercial paper and other short-term debt Shares exchanged for Series E preferred stock Exchange of Series D Preferred Stock for Series E Preferred Stock. Exchange of Series D Preferred Stock for Series E Preferred Stock Other InvestmentsOther invested assets (portion measured at fair value: 2009 - $15,739; 2008 - $19,196) Excess of cost over proceeds of common stock issued under stock plans Loans and Leases Receivable, Net Reported Amount, ConsumerFinance receivables, net of allowance Excess of Cost Over Proceeds of Common Stock Issued Under Stock Plans Excess of cost over proceeds of common stock issued under stock plans Excess of cost over proceeds of stock issued during the period related to share based compensation plans. EX-101.DEF 5 aig-20090630_def.xml EX-101.DEF EX-101.CAL 6 aig-20090630_cal.xml EX-101.CAL EX-101.PRE 7 aig-20090630_pre.xml EX-101.PRE XML 8 R19.xml IDEA: Information Provided in Connection With Outstanding Debt 1.0.0.3 false Information Provided in Connection With Outstanding Debt false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 2 0 aig_NotesToConsolidatedFinancialsAbstract aig false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false No definition available. false 3 1 us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock us-gaap true na duration string No definition available. false false false false false false false false false 1 false false 0 0 <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 351px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=351 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">13.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Information Provided in Connection With Outstanding Debt</FONT></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The following condensed consolidating financial statements reflect the results of AIG Life Holdings (US), Inc. (AIGLH), formerly known as American General Corporation, a holding company and a wholly owned subsidiary of AIG. AIG provides a full and unconditional guarantee of all outstanding debt of AIGLH. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In addition, AIG Liquidity Corp. and AIG Program Funding, Inc. are both wholly owned subsidiaries of AIG. AIG provides a full and unconditional guarantee of all obligations of AIG Liquidity Corp. and AIG Program Funding, Inc. There are no reportable amounts for these entities. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Condensed Consolidating Balance Sheet</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="51%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="9%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>American<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>International<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Group, Inc.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Consolidated<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>(As Guarantor)</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>AIGLH</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Subsidiaries</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Eliminations</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>AIG</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=18><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt"><B>June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Assets: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Investments<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>9,742</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>681,392</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(72,629</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>618,505</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Loans to subsidiaries<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>69,886</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(69,886</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Cash </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>63</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,739</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,802</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Investment in consolidated subsidiaries<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>74,975</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>26,405</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(10,550</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(90,830</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Debt issuance costs, including prepaid commitment asset of $13,814 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>14,106</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>170</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>14,276</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>13,644</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,633</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>175,360</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>192</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>191,829</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>182,416</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>29,038</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>782,225</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(163,267</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>830,412</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Liabilities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Insurance liabilities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>489,922</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>136</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>490,058</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Federal Reserve Bank of New York credit facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>44,816</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>44,816</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Federal Reserve Bank of New York Commercial </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Paper Funding Facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,152</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,152</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>46,233</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,137</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>147,985</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(72,630</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>123,725</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other liabilities<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>33,409</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,060</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>58,498</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,489</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>97,456</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total liabilities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>124,458</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,197</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>707,557</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(71,005</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>767,207</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Redeemable noncontrolling interest in partially owned consolidated subsidiaries </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,072</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,072</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total AIG shareholders&#146; equity </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>57,958</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>22,841</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>68,798</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(91,639</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>57,958</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,798</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(623</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,175</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total equity </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>57,958</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>22,841</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>73,596</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(92,262</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>62,133</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total liabilities and equity </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>182,416</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>29,038</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>782,225</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(163,267</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>830,412</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="51%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="9%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>American<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>International<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Group, Inc.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Consolidated<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>(As Guarantor)</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>AIGLH</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Subsidiaries</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Eliminations</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>AIG</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=18><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">December&nbsp;31, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Assets: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Investments<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>16,110 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>753,181 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(132,379 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>636,912 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Loans to subsidiaries<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>64,283 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(64,283 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Cash </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>103 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,539 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,642 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Investment in consolidated subsidiaries<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>65,724 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>23,256 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>34,499 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(123,479 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Debt issuance costs, including prepaid commitment asset of $15,458 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15,743 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>172 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15,915 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11,707 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,626 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>184,923 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(307 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>198,949 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>173,670 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>25,882 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>917,031 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(256,165 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>860,418 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Liabilities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Insurance liabilities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>503,171 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(103 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>503,068 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Federal Reserve Bank of New York credit facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>40,431 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>40,431 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Federal Reserve Bank of New York Commercial </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Paper Funding Facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15,105 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15,105 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>47,928 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,097 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>219,596 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(131,954 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>137,667 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other liabilities<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>32,601 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,063 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>64,804 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>953 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>101,421 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total liabilities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>120,960 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5,160 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>802,676 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(131,104 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>797,692 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Redeemable noncontrolling interest in partially owned consolidated subsidiaries </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,921 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,921 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total AIG shareholders&#146; equity </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>52,710 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>20,722 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>103,489 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(124,211 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>52,710 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,945 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(850 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,095 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total equity </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>52,710 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>20,722 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>112,434 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(125,061 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>60,805 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total liabilities and equity </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>173,670 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>25,882 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>917,031 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(256,165 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>860,418 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Includes intercompany derivative positions, which are reported at fair value before credit valuation adjustment.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Eliminated in consolidation.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Condensed Consolidating Statement of Income (Loss)</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="54%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>American<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>International<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Group, Inc.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Consolidated<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Guarantor</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>AIGLH</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Subsidiaries</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Eliminations</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>AIG</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=18><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt"><B>Three Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Operating income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(665</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(39</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2,023</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,319</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Equity in undistributed net income (loss) of consolidated subsidiaries<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,967</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>136</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,103</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Dividend income from consolidated subsidiaries<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>294</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>169</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(463</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Income tax expense (benefit)<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(226</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(11</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(289</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(526</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Net income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,822</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>277</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,312</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,566</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,845</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Less: Net loss attributable to noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>23</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>23</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Net income (loss) attributable to AIG </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,822</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>277</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2,312</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(2,589</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,822</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Three Months Ended June&nbsp;30, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Operating loss </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(52 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(20 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(8,684 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(8,756 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Equity in undistributed net income (loss) of consolidated subsidiaries<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6,164 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,729 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,893 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Dividend income from consolidated subsidiaries<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>724 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(724 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Income tax expense (benefit)<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(135 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(4 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3,218 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3,357 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Net loss </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,357 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,745 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,466 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,169 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,399 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Less: Net income attributable to the noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(42 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(42 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Net loss attributable to AIG </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,357 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(1,745 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,424 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>7,169 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,357 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt"><B>Six Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Operating income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(3,599</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(68</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(1,382</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(5,049</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Equity in undistributed net income (loss) of consolidated subsidiaries<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(631</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(886</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,517</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Dividend income from consolidated subsidiaries<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>520</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>169</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(689</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Income tax expense (benefit)<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,179</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(19</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(563</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,761</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Net income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,531</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(766</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(819</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>828</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3,288</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Less: Net loss attributable to noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(757</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(757</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Net income (loss) attributable to AIG </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(2,531</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(766</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(819</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,585</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(2,531</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Six Months Ended June&nbsp;30, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Operating loss </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(885 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(41 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(19,094 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(20,020 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Equity in undistributed net income (loss) of consolidated subsidiaries<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13,918 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,975 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>16,893 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Dividend income from consolidated subsidiaries<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,473 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,473 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Income tax expense (benefit)<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(168 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(7 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6,719 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6,894 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Net loss </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13,162 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3,009 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(12,375 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15,420 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13,126 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Less: Net income attributable to the noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>36 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>36 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Net loss attributable to AIG </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(13,162 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(3,009 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(12,411 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>15,420 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(13,162 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Eliminated in consolidation.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>The net tax benefit recorded with respect to AIG parent includes decreases in the valuation allowance of $1.8&nbsp;billion, and $195&nbsp;million for the three and six months ended June&nbsp;30, 2009, respectively. The decrease in valuation allowance is mainly attributable to the effects of recently announced transactions. See Note&nbsp;12 for additional information.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Condensed Consolidating Statement of Cash Flows</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="59%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="2%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="2%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="2%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>American<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>International<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Group, Inc.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Consolidated<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Guarantor</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>AIGLH</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Subsidiaries</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>AIG</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Six Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net cash (used in) provided by operating activities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(313</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>8,349</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>8,036</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Cash flows from investing activities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Invested assets disposed </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,168</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>63,489</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>68,657</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Invested assets acquired </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(4,418</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(46,663</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(51,081</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Sales of divested businesses, net </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>850</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>169</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,836</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,855</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Loans to subsidiaries&nbsp;&#151; net </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3,858</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,858</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(930</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,150</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(10,817</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(12,897</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net cash (used in) provided by investing activities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3,188</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(981</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,703</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7,534</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Cash flows from financing activities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Federal Reserve Bank of New York credit facility borrowings </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>15,700</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>15,700</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Repayment of Federal Reserve Bank of New York credit facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">borrowings </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(12,500</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(12,500</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Issuance of long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,558</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,558</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Repayments of long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,876</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(9,094</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(10,970</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Proceeds from drawdown on the Department of the Treasury Commitment </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,150</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,150</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>987</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>981</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(16,347</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(14,379</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net cash (used in) provided by financing activities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,461</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>981</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(22,883</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(18,441</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Effect of exchange rate changes on cash </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>31</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>31</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Change in cash </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(40</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,800</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,840</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Cash at beginning of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>103</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8,539</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8,642</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Cash at end of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>63</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5,739</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5,802</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Six Months Ended June&nbsp;30, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net cash (used in) provided by operating activities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(594 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>115 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>16,607 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>16,128 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Cash flows from investing: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Invested assets disposed </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>603 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>79,738 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>80,341 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Invested assets acquired </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,096 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(87,214 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(89,310 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(11,466 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(116 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,589 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13,171 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net cash (used in) provided by investing activities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(12,959 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(116 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(9,065 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(22,140 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Cash flows from financing activities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Issuance of long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>13,080 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>42,605 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>55,685 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Repayments of long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,912 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(54,733 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(56,645 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Proceeds from common stock issued </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,343 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,343 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Payments advanced to purchase shares </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,000 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,000 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Cash dividends paid to shareholders </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,036 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,036 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3,003 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,568 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,565 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net cash (used in) provided by financing activities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>13,472 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(7,560 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5,912 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Effect of exchange rate changes on cash </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>45 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>45 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Change in cash </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(81 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>27 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(55 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Cash at beginning of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>84 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,199 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,284 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Cash at end of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,226 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,229 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Condensed Consolidating Statement of Cash Flows&nbsp;&#151; (Continued)</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">American International Group, Inc. Guarantor supplementary disclosure of cash flow information:</FONT></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="85%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>Six Months Ended June&nbsp;30,</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=6><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Intercompany non-cash financing/investing activities:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Capital contributions in the form of bonds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2,698</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other non-cash capital contributions to subsidiaries </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>725</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>498 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE></BODY></HTML> 13.&nbsp;&nbsp; Information Provided in Connection With Outstanding Debt &nbsp; The following condensed consolidating financial statements false false No definition available. No authoritative reference available. false false 1 2 false UnKnown UnKnown UnKnown false true XML 9 R11.xml IDEA: Investments 1.0.0.3 false Investments false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 2 0 aig_NotesToConsolidatedFinancialsAbstract aig false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false No definition available. false 3 1 aig_InvestmentsTextBlock aig false na duration string Describes statutory deposits, net investment income, net realized gains and losses, fair value of available for sale and held... false false false false false false false false false 1 false false 0 0 <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 85px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=85 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">5.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Investments</FONT></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The amortized cost or cost and fair value of AIG&#146;s available for sale securities were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="48%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other-Than-<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Amortized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Temporary<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Cost or<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Impairments<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Cost</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Gains</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>in AOCI<I>(a)</I></B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=18><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt"><B>June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Bonds available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4,074</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>154</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(199</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4,029</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Obligations of states, municipalities and political subdivisions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>54,808</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,412</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(968</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>55,252</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>69,735</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,766</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(889</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>73,612</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(6</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>183,042</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,409</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(11,721</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B><I>(b)</I> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>176,730</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>99</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Mortgage-backed, asset-backed and collateralized: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>34,872</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>940</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(7,054</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>28,758</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,801</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>19,002</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>66</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(8,048</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,020</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(827</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8,182</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>141</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3,007</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,316</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(339</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total bonds available for sale<I>(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>373,715</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>12,888</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(31,886</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>354,717</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3,874</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Equity securities available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,067</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,268</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(98</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7,237</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Preferred stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>853</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>50</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(81</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>822</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,110</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>148</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(28</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,230</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total equity securities available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7,030</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,466</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(207</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9,289</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>380,745</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>15,354</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(32,093</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>364,006</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(3,874</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">December&nbsp;31, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Bonds available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>4,433 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>331 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(59 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>4,705 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Obligations of states, municipalities and political subdivisions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>62,718 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,150 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,611 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>61,257 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>62,176 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,560 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,199 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>67,537 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>194,481 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,661 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13,523 </TD> <TD vAlign=bottom noWrap align=left>)<I>(b)</I> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>185,619 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Mortgage-backed, asset-backed and collateralized: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>32,092 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>645 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,985 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>29,752 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>14,205 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>126 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3,105 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11,226 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,741 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>233 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(843 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,131 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">AIGFP<I>(d)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>217 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>217 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total bonds available for sale<I>(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>377,063 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>13,706 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(24,325 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>366,444 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Equity securities available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5,545 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,035 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(512 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,068 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Preferred stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,349 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>33 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(138 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,244 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,487 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>78 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(69 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,496 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total equity securities available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,381 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,146 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(719 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,808 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>385,444 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>14,852 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(25,044 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>375,252 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Represents the amount of <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment losses in Accumulated other comprehensive loss (AOCI), which, starting April&nbsp;1, 2009, were not included in earnings under FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2.</FONT> Amount includes </I></TD></TR></TBODY></TABLE> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top></TD> <TD></TD> <TD vAlign=bottom><I>unrealized gains and losses on impaired securities relating to changes in the value of such securities subsequent to the impairment measurement date.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Financial institutions represent approximately 53&nbsp;percent and 57&nbsp;percent of the total gross unrealized losses at June&nbsp;30, 2009 and December&nbsp;31, 2008, respectively.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(c) </I></TD> <TD></TD> <TD vAlign=bottom><I>At June&nbsp;30, 2009 and December&nbsp;31, 2008, bonds available for sale held by AIG that were below investment grade or not rated totaled $23.4&nbsp;billion and $19.4&nbsp;billion, respectively. At June&nbsp;30, 2009 and December&nbsp;31, 2008, fixed maturity securities reported on the Consolidated Balance Sheet include $99&nbsp;million and $442&nbsp;million, respectively, of short-term investments included in Securities lending invested collateral.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(d) </I></TD> <TD></TD> <TD vAlign=bottom><I>The amounts represent securities for which AIGFP has not elected the fair value option. At June&nbsp;30, 2009, a total of $151&nbsp;million in securities for AIGFP were included in the respective asset class categories. Historical amounts were not revised.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Unrealized losses</FONT></U></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table summarizes the fair value and gross unrealized losses on AIG&#146;s available for sale securities, aggregated by major investment category and length of time that individual securities have been in a continuous unrealized loss position:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="36%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>12 Months or Less</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>More than 12 Months</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Bonds available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>997</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>193</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>40</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,037</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>199</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Obligations of states, municipalities and political subdivisions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9,218</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>243</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>10,248</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>725</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>19,466</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>968</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>13,223</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>598</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,657</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>291</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>15,880</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>889</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>44,771</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,755</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>43,836</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,966</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>88,607</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,721</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7,284</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,350</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,158</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,704</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>13,442</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7,054</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,481</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,643</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,559</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,405</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>10,040</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8,048</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,256</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,670</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,229</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>337</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,485</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,007</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total bonds available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>83,230</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>19,452</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>69,727</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>12,434</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>152,957</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>31,886</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Equity securities available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,111</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>98</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,111</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>98</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Preferred stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>359</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>81</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>359</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>81</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>282</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>28</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>282</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>28</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total equity securities available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,752</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>207</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,752</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>207</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>84,982</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>19,659</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>69,727</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>12,434</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>154,709</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>32,093</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="36%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>12 Months or Less</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>More than 12 Months</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>December&nbsp;31, 2008</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Bonds available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>629 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>35 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>616 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>24 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,245 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>59 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Obligations of states, municipalities and political subdivisions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5,416 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,310 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,111 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>301 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,527 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,611 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>26,914 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>309 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,812 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>890 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>31,726 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,199 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>79,942 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,979 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>29,570 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5,544 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>109,512 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>13,523 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,928 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,790 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,745 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,195 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>12,673 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,985 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,947 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,362 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,537 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,743 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,484 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,105 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,389 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>546 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>927 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>297 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,316 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>843 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total bonds available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>128,165 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>14,331 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>46,318 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>9,994 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>174,483 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>24,325 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Equity securities available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,951 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>512 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,951 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>512 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Preferred stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>747 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>138 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>747 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>138 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>332 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>69 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>332 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>69 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total equity securities available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,030 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>719 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,030 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>719 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>131,195 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>15,050 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>46,318 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>9,994 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>177,513 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>25,044 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At June&nbsp;30, 2009, AIG held 19,432 and 81,558 of individual fixed maturity and equity securities, respectively, that were in an unrealized loss position, of which 8,326 individual securities were in a continuous unrealized loss position for longer than 12&nbsp;months. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG did not recognize in earnings the unrealized losses on these fixed maturity securities at June&nbsp;30, 2009, because management neither intends to sell the securities nor does it believe that it is more likely than not that it will be required to sell these securities before recovery of their amortized cost basis. Furthermore, management expects to recover the entire amortized cost basis of these securities (that is, they are not credit impaired). In performing this evaluation, management considered the recovery periods for securities in previous periods of broad market declines. For fixed maturity securities with significant declines, management performed extended fundamental credit analysis on a <FONT style="WHITE-SPACE: nowrap">security-by-security</FONT> basis, which included consideration of credit enhancements, expected defaults on underlying collateral, review of relevant industry analyst reports and forecasts and other market available data. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At June&nbsp;30, 2009 unrealized losses related to fixed maturity securities increased $7.6&nbsp;billion ($4.9&nbsp;billion after tax) reflecting the reversal of prior <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairments in connection with the adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2,</FONT> partially offset by an increase in fair value due to the narrowing of credit spreads and declines in risk-free interest rates. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The amortized cost and fair value of fixed maturity securities available for sale by contractual maturity were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="47%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="11%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="11%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Total Fixed Maturity<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Fixed Maturity<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>Available for Sale Securities</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>Securities in a Loss Position</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Amortized Cost</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Fair Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Amortized Cost</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Fair Value</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Due in one year or less </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>13,374 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>13,311 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>3,532 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>3,224 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Due after one year through five years </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>79,536 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>79,601 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>29,054 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>26,373 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Due after five years through ten years </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>97,089 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>96,508 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>46,230 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>41,791 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Due after ten years </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>121,660 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>120,203 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>59,962 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>53,609 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Mortgage-backed, asset-backed and collateralized </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>62,056 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>45,094 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>46,065 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>27,960 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>373,715 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>354,717 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>184,843 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>152,957 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Actual maturities may differ from contractual maturities because certain borrowers have the right to call or prepay certain obligations with or without call or prepayment penalties. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Net Investment Income</FONT></U></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The components of net investment income were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="63%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>Ended June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>Ended June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"></DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Fixed maturities, including short-term investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5,769</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>5,445 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>8,781</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>10,918 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Equity securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>123</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>149 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>207</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>219 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Interest on mortgage and other loans </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>381</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>397 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>784</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>775 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Partnerships </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(93</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>66 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(779</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>172 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>285</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>121 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>185</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(24 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Trading account gains (losses) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(133 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(34</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(221 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>344</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>341 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>493</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>540 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total investment income before policyholder investment income and trading gains (losses) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,813</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,386 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9,637</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>12,379 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Policyholder investment income and trading gains (losses) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,135</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>617 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,828</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(168 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total investment income </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8,948</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,003 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,465</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>12,211 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Investment expenses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>163</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>275 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>397</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>529 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net investment income </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>8,785</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>6,728 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>11,068</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>11,682 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Net Realized Capital Gains (Losses)</FONT></U></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The components of net realized capital gains (losses) were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="64%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months Ended<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Sales of fixed maturity securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>873</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(29 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>793</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(10 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Sales of equity securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>170</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>240 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>136</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>320 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Sales of real estate and other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(870</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>172 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(910</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>325 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><FONT style="WHITE-SPACE: nowrap">Other-than-temporary</FONT> impairments: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Total <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairments on available for sale securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,190</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6,720 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(5,051</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(12,260 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Portion of <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairments on available for sale fixed maturity securities recognized in Accumulated other comprehensive income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>369</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>369</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairments on available for sale securities recognized in net income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(821</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6,720 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(4,682</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(12,260 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><FONT style="WHITE-SPACE: nowrap">Other-than-temporary</FONT> impairments on all other investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(162</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(57 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(288</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(110 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Foreign exchange transactions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,302</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(74 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,017</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(738 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Derivative instruments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>813</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>387 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,567</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>303 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(1,299</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right>(6,081 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(4,401</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(12,170 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The gross realized gains and gross realized losses from sales of AIG&#146;s available for sale securities were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="29%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=08 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=08 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=08 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=08 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=09 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=09 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=09 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=09 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=14><B>Three Months Ended June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=14><B>Six Months Ended June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gross<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Gains</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Gains</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Gains</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Gains</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Losses</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=30><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Fixed maturities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,059</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>186</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>391 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>420 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,466</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>673</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>638 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>648 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Equity securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>195</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>25</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>342 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>102 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>306</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>170</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>637 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>317 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,254</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>211</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>733 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>522 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,772</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>843</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,275 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>965 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>For the three- and six-month periods ended June&nbsp;30, 2009, the aggregate fair value of available for sale securities sold was 2.9&nbsp;billion, (approximately 92&nbsp;percent of cost or amortized cost) and $7.7&nbsp;billion, (approximately 91 percent of cost or amortized cost), respectively. The average periods of time that securities sold at a loss during the six-month period ended June&nbsp;30, 2009 were trading continuously at a price below cost or amortized cost was approximately 6&nbsp;months. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Evaluating Investments for <FONT style="WHITE-SPACE: nowrap">Other-Than-Temporary</FONT> Impairments</FONT></U></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG adopted the requirements of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> on a prospective basis, as required, on April&nbsp;1, 2009. These requirements have significantly altered AIG&#146;s policies and procedures for determining impairment charges recognized through earnings. FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> requires a company to recognize the credit component (a credit impairment) of an <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment of a fixed maturity security in income and the non-credit component in accumulated other comprehensive income when the company does not intend to sell the security or it is more likely than not that the company will not be required to sell the security prior to recovery. FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> also changes the threshold for determining when an <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment has occurred on a fixed maturity security with respect to intent and ability to hold the security until recovery and requires additional disclosures. A credit impairment, which is recognized in earnings when it occurs, is the difference between the amortized cost of the fixed maturity security and the estimated present value of cash flows expected to be collected (recovery value), as determined by management. The difference between fair value and amortized cost that is not related to a credit impairment is recognized as a separate component of Accumulated other comprehensive income (loss). AIG refers to both credit impairments and impairments recognized as a result of intent to sell as &#147;impairment charges.&#148; The impairment model for equity securities was not affected by FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2.</FONT> </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Impairment Policy&nbsp;&#151; Effective April&nbsp;1, 2009 and Thereafter</FONT></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Fixed Maturity Securities</FONT></U></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>If AIG intends to sell a fixed maturity security or it is more likely than not that AIG will be required to sell a fixed maturity security before recovery of its amortized cost basis and the fair value of the security is below amortized cost, an <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment has occurred and the amortized cost is written down to current fair value, with a corresponding charge to earnings. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>For all other fixed maturity securities for which a credit impairment has occurred, the amortized cost is written down to the estimated recovery value with a corresponding charge to earnings. Additional fair value decline below recovery value, if any, is charged to unrealized appreciation (depreciation) of fixed maturity investments on which <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> credit impairments were taken (a component of accumulated other comprehensive income (loss)), because this is considered a non-credit impairment. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>When assessing AIG&#146;s intent to sell a fixed maturity security, or if it is more likely than not that AIG will be required to sell a fixed maturity security before recovery of its amortized cost basis, management evaluates relevant facts and circumstances including, but not limited to, decisions to reposition AIG&#146;s investment portfolio, sale of securities to meet cash flow needs and sales of securities to capitalize on favorable pricing. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG considers severe price declines and the duration of such price declines in its assessment of potential credit impairments. AIG also modifies its modeled outputs for certain securities when it determines that price declines are indicative of factors not comprehended by the cash flow models. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In periods subsequent to the recognition of an <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment charge for available for sale fixed maturity securities that is not foreign exchange related, AIG generally prospectively accretes into income the difference between the new amortized cost and the expected undiscounted recovery value over the remaining expected holding period of the security. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>A rollforward of the credit impairments recognized in earnings for available for sale fixed maturity securities held by AIG is as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="87%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="9%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Three Months<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, March&nbsp;31, 2009 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Increases due to: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Credit losses remaining in accumulated deficit related to the adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,182 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Credit impairments on new securities subject to impairment losses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>157 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Additional credit impairments on previously impaired securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>268 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Reductions due to: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Credit impaired securities fully disposed for which there was no prior intent or requirement to sell </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(134 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Foreign exchange effect </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>23 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, June&nbsp;30, 2009 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>7,496 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In assessing whether a credit impairment has occurred for a structured fixed maturity security, AIG performs evaluations of expected future cash flows, as required by FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2.</FONT> Certain critical assumptions are made with respect to the performance of the securities. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>When estimating future cash flows for a structured fixed maturity security (e.g. RMBS, CMBS, CDO, ABS) management considers historical performance of underlying assets and available market information as well as bond-specific structural considerations, such as credit enhancement and priority of payment structure of the security. In addition, the process of estimating future cash flows includes, but is not limited to, the following critical inputs, which vary by asset class: </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>Current delinquency rates; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>Expected default rates and timing of such defaults; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>Loss severity and timing of any such recovery; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>Expected prepayment speeds;&nbsp;and </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>Ratings of securities underlying structured products. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>For corporate, municipal and sovereign fixed maturity securities determined to be credit impaired, management considers the fair value as the recovery value when available information does not indicate that another value is more relevant or reliable. When management identifies information that supports a recovery value other than the fair value, the determination of a recovery value considers scenarios specific to the issuer and the security, and may be based upon estimates of outcomes of corporate restructurings, political and macro economic factors, stability and financial strength of the issuer, the value of any secondary sources of repayment and the disposition of assets. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Equity Securities</FONT></U></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The impairment model for equity securities was not affected by the adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> in the second quarter of 2009. AIG continues to evaluate its available for sale equity securities, equity method and cost method investments for impairment by considering such securities candidates for <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment if they meet any of the following criteria: </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>The security has traded at a significant (25&nbsp;percent or more) discount to cost for an extended period of time (nine consecutive months or longer); </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>A discrete credit event has occurred resulting in (i)&nbsp;the issuer defaulting on a material outstanding obligation; (ii)&nbsp;the issuer seeking protection from creditors under the bankruptcy laws or any similar laws intended for court supervised reorganization of insolvent enterprises; or (iii)&nbsp;the issuer proposing a voluntary reorganization pursuant to which creditors are asked to exchange their claims for cash or securities having a fair value substantially lower than par value of their claims;&nbsp;or </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>AIG has concluded that it may not realize a full recovery on its investment, regardless of the occurrence of one of the foregoing events. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The determination that an equity security is <FONT style="WHITE-SPACE: nowrap">other-than-temporarily</FONT> impaired requires the judgment of management and consideration of the fundamental condition of the issuer, its near-term prospects and all the relevant facts and circumstances. For securities other than those subject to FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2,</FONT> the above criteria also consider circumstances of a rapid and severe market valuation declines in which AIG could not reasonably assert that the impairment period would be temporary (severity losses). </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Fixed Maturity Securities Impairment Policy&nbsp;&#151; Prior to April&nbsp;1, 2009</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In all periods prior to the adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2,</FONT> AIG assessed its ability to hold any fixed maturity available for sale security in an unrealized loss position to its recovery at each balance sheet date. The decision to sell any such fixed maturity security classified as available for sale reflected the judgment of AIG&#146;s management that the security sold was unlikely to provide, on a relative value basis, as attractive a return in the future as alternative securities entailing comparable risks. With respect to distressed securities, the sale decision reflected management&#146;s judgment that the risk-adjusted ultimate recovery was less than the value achievable on sale. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In those periods, AIG evaluated its fixed maturity securities for <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairments with respect to valuation as well as credit. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>After a fixed maturity security had been identified as <FONT style="WHITE-SPACE: nowrap">other-than-temporarily</FONT> impaired, the amount of such impairment was determined as the difference between fair value and amortized cost and the entire amount was recorded as a charge to earnings. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>As a result of AIG&#146;s periodic evaluation of its equity and fixed maturity securities for <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairments in value, AIG recorded impairment charges of $983&nbsp;million and $6.8&nbsp;billion in the three-month periods ended June&nbsp;30, 2009 and 2008, respectively, and $5.0&nbsp;billion and $12.4&nbsp;billion in the six-month periods ended June&nbsp;30, 2009 and 2008, respectively. </DIV></BODY></HTML> 5.&nbsp;&nbsp; Investments &nbsp; The amortized cost or cost and fair value of AIG&#146;s available for sale securities were as follows: &nbsp; false false Describes statutory deposits, net investment income, net realized gains and losses, fair value of available for sale and held to maturity securities, non-income producing invested assets, gross unrealized losses on investments, other invested assets and investment in life settlement contracts. No authoritative reference available. false false 1 2 false UnKnown UnKnown UnKnown false true XML 10 R10.xml IDEA: Fair Value Measurements 1.0.0.3 false Fair Value Measurements false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 2 0 aig_NotesToConsolidatedFinancialsAbstract aig false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false No definition available. false 3 1 us-gaap_FairValueDisclosuresTextBlock us-gaap true na duration string No definition available. false false false false false false false false false 1 false false 0 0 <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 162px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=162 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">4.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Fair Value Measurements</FONT></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Effective January&nbsp;1, 2008, AIG adopted FAS&nbsp;157 and FAS&nbsp;159, &#147;The Fair Value Option for Financial Assets and Financial Liabilities&#148; (FAS&nbsp;159), which specify measurement and disclosure standards related to assets and liabilities measured at fair value. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Fair Value Measurements on a Recurring Basis</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG measures at fair value on a recurring basis financial instruments in its trading and available for sale securities portfolios, certain mortgage and other loans receivable, certain spot commodities, derivative assets and liabilities, securities purchased/sold under agreements to resell/repurchase, securities lending invested collateral, non-traded equity investments and certain private limited partnerships and certain hedge funds included in other invested assets, certain short-term investments, separate and variable account assets, certain policyholder contract deposits, securities and spot commodities sold but not yet purchased, certain trust deposits and deposits due to banks and other depositors, certain CPFF and other commercial paper, certain long-term debt, and certain hybrid financial instruments included in other liabilities. The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The degree of judgment used in measuring the fair value of financial instruments generally correlates with the level of pricing observability. Financial instruments with quoted prices in active markets generally have more pricing observability and less judgment is used in measuring fair value. Conversely, financial instruments traded in <FONT style="WHITE-SPACE: nowrap">other-than-active</FONT> markets or that do not have quoted prices have less observability and are measured at fair value using valuation models or other pricing techniques that require more judgment. An active market is one in which transactions for the asset or liability being valued occur with sufficient frequency and volume to provide pricing information on an ongoing basis. An <FONT style="WHITE-SPACE: nowrap">other-than-active</FONT> market is one in which there are few transactions, the prices are not current, price quotations vary substantially either over time or among market makers, or in which little information is released publicly for the asset or liability being valued. Pricing observability is affected by a number of factors, including the type of financial instrument, whether the financial instrument is new to the market and not yet established, the characteristics specific to the transaction and general market conditions. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Fair Value Hierarchy</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Beginning January&nbsp;1, 2008, assets and liabilities recorded at fair value in the consolidated balance sheet are measured and classified in a hierarchy for disclosure purposes consisting of three &#147;levels&#148; based on the observability of inputs available in the marketplace used to measure the fair values as discussed below: </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Level&nbsp;1:</I>&nbsp;&nbsp;Fair value measurements that are quoted prices (unadjusted) in active markets that AIG has the ability to access for identical assets or liabilities. Market price data generally is obtained from exchange or dealer markets. AIG does not adjust the quoted price for such instruments. Assets and liabilities measured at fair value on a recurring basis and classified as Level&nbsp;1 include certain government and agency securities, actively traded listed common stocks and derivative contracts, most separate account assets and most mutual funds. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Level&nbsp;2:</I>&nbsp;&nbsp;Fair value measurements based on inputs other than quoted prices included in Level&nbsp;1 that are observable for the asset or liability, either directly or indirectly. Level&nbsp;2 inputs include quoted prices for similar assets and liabilities in active markets, and inputs other than quoted prices that are observable for the asset or liability, such as interest rates and yield curves that are observable at commonly quoted intervals. Assets and liabilities measured at fair value on a recurring basis and classified as Level&nbsp;2 generally include certain government securities, most investment-grade and high-yield corporate bonds, certain asset-backed securities (ABS), certain listed equities, state, municipal and provincial obligations, hybrid securities, mutual fund and hedge fund investments, derivative contracts, guaranteed investment agreements (GIAs) and commercial paper at AIGFP, other long-term debt and physical commodities. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Level&nbsp;3:</I>&nbsp;&nbsp;Fair value measurements based on valuation techniques that use significant inputs that are unobservable. These measurements include circumstances in which there is little, if any, market activity for the asset or liability. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. AIG&#146;s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment. In making the assessment, AIG considers factors specific to the asset or liability. Assets and liabilities measured at fair value on a recurring basis and classified as Level&nbsp;3 include certain distressed ABS, structured credit products, certain derivative contracts (including AIGFP&#146;s super senior credit default swap portfolio), policyholder contract deposits carried at fair value, private equity and real estate fund investments, and direct private equity investments. AIG&#146;s non-financial-instrument assets that are measured at fair value on a non-recurring basis generally are classified as Level&nbsp;3. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The following is a description of the valuation methodologies used for instruments carried at fair value: </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Incorporation of Credit Risk in Fair Value Measurements</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>AIG&#146;s Own Credit Risk.</I>&nbsp;&nbsp;Fair value measurements for AIGFP&#146;s debt, GIAs, structured note liabilities and freestanding derivatives incorporate AIG&#146;s own credit risk by determining the explicit cost for each counterparty to protect against its net credit exposure to AIG at the balance sheet date by reference to observable AIG credit default swap spreads. A counterparty&#146;s net credit exposure to AIG is determined based on master netting agreements, when applicable, which take into consideration all positions with AIG, as well as collateral posted by AIG with the counterparty at the balance sheet date. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Fair value measurements for embedded policy derivatives and policyholder contract deposits take into consideration that policyholder liabilities are senior in priority to general creditors of AIG and therefore are much less sensitive to changes in AIG credit default swap or cash issuance spreads. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Counterparty Credit Risk.</I>&nbsp;&nbsp;Fair value measurements for freestanding derivatives incorporate counterparty credit by determining the explicit cost for AIG to protect against its net credit exposure to each counterparty at the balance sheet date by reference to observable counterparty credit default swap spreads. AIG&#146;s net credit exposure to a counterparty is determined based on master netting agreements, which take into consideration all derivative positions with the counterparty, as well as collateral posted by the counterparty at the balance sheet date. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The cost of credit protection is determined under a discounted present value approach considering the market levels for credit default swap (CDS) spreads, the mid market value of the net exposure (reflecting the amount of protection required) and the weighted average life of the net exposure. CDS spreads are provided to AIG by an independent third-party. AIG utilizes a LIBOR-based interest rate curve to derive its discount rates. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>A CDS is a derivative contract that allows the transfer of third-party credit risk from one party to the other. The buyer of the CDS pays an upfront <FONT style="WHITE-SPACE: nowrap">and/or</FONT> annual premium to the seller. The seller&#146;s payment obligation is triggered by the occurrence of a credit event under a specified reference security and is determined by the loss on that specified reference security. The present value of the amount of the annual <FONT style="WHITE-SPACE: nowrap">and/or</FONT> upfront premium therefore represents a market based expectation of the likelihood that the specified reference party will fail to perform on the reference obligation, a key market observable indicator of non-performance risk (the CDS spread). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>While this approach does not explicitly consider all potential future behavior of the derivative transactions or potential future changes in valuation inputs, AIG believes this approach provides a reasonable estimate of the fair value of the derivate assets and liabilities, including consideration of the impact of non-performance risk. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Fair values for fixed maturity securities based on observable market prices for identical or similar instruments implicitly incorporate counterparty credit risk. Fair values for fixed maturity securities based on internal models incorporate counterparty credit risk by using discount rates that take into consideration cash issuance spreads for similar instruments or other observable information. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Fixed Maturity Securities&nbsp;&#151; Trading and Available for Sale</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG maximizes the use of observable inputs and minimizes the use of unobservable inputs when measuring fair value. Whenever available, AIG obtains quoted prices in active markets for identical assets at the balance sheet date to measure at fair value fixed maturity securities in its trading and available for sale portfolios. Market price data generally is obtained from exchange or dealer markets. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG estimates the fair value of fixed maturity securities not traded in active markets, including securities purchased (sold) under agreements to resell (repurchase), and mortgage and other loans receivable for which AIG elected the fair value option, by referring to traded securities with similar attributes, using dealer quotations, a matrix pricing methodology, discounted cash flow analyses or internal valuation models. This methodology considers such factors as the issuer&#146;s industry, the security&#146;s rating and tenor, its coupon rate, its position in the capital structure of the issuer, yield curves, credit curves, prepayment rates and other relevant factors. For fixed maturity instruments that are not traded in active markets or that are subject to transfer restrictions, valuations are adjusted to reflect illiquidity <FONT style="WHITE-SPACE: nowrap">and/or</FONT> non-transferability, and such adjustments generally are based on available market evidence. In the absence of such evidence, management&#146;s best estimate is used. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">ML II and ML III</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At their inception, AIG&#146;s economic interest in Maiden Lane&nbsp;II LLC (ML II)&nbsp;and equity interest in Maiden Lane&nbsp;III LLC (ML III) (together, Maiden Lane Interests), which are included in Bond trading securities, at fair value, on the consolidated balance sheet, were valued and recorded at the transaction prices of $1&nbsp;billion and $5&nbsp;billion, respectively. Subsequently, Maiden Lane Interests are valued using a discounted cash flow methodology that uses the estimated future cash flows of the assets to which the Maiden Lane Interests are entitled and the discount rates applicable to such interests as derived from the fair value of the entire asset pool. The implicit discount rates are calibrated to the changes in the estimated asset values for the underlying assets commensurate with AIG&#146;s interests in the capital structure of the respective entities. Estimated cash flows and discount rates used in the valuations are validated, to the extent possible, using market observable information for securities with similar asset pools, structure and terms. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The fair value methodology used assumes that the underlying collateral in ML II and ML III will continue to be held and generate cash flows into the foreseeable future and does not assume a current liquidation of the assets of ML II and ML III. Other methodologies employed or assumptions made in determining fair value for these investments could result in amounts that differ significantly from the amounts reported. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Valuation Sensitivity: The fair values of the Maiden Lane Interests are most affected by changes in the discount rates and changes in the underlying estimated future collateral cash flow assumptions used in the valuation model. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The benchmark London Interbank Offered Rate (LIBOR) interest rate curve changes are determined by macroeconomic considerations and financial sector credit spreads. The spreads over LIBOR for the Maiden Lane Interests (including collateral-specific credit and liquidity spreads) can change as a result of changes in market expectations about the future performance of these investments as well as changes in the risk premium that market participants would demand at the time of the transactions. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Changes in estimated future cash flows would primarily be the result of changes in expectations for defaults, recoveries, and prepayments on underlying loans. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>Increases in the discount rate or decreases in estimated future cash flows used in the valuation would decrease AIG&#146;s estimate of the fair value of the Maiden Lane Interests as shown in the table below.</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="69%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="11%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="11%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Fair Value Change</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>Six Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Maiden Lane II</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Maiden Lane III</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=6><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Discount Rates </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">200&nbsp;basis point increase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(52 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(453 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">400&nbsp;basis point increase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(97 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(837 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Estimated Future Cash Flows </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">10% decrease </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(218 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(660 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">20% decrease </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(370 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,323 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG believes that the ranges of discount rates used in these analyses are reasonable based on implied spread volatilities of similar collateral securities and implied volatilities of LIBOR interest rates. The ranges of estimated future cash flows were determined based on variability in estimated future cash flows implied by cumulative loss estimates for similar instruments. The fair values of the Maiden Lane Interests are likely to vary, perhaps materially, from the amount estimated. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Equity Securities Traded in Active Markets&nbsp;&#151; Trading and Available for Sale</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG maximizes the use of observable inputs and minimizes the use of unobservable inputs when measuring fair value. Whenever available, AIG obtains quoted prices in active markets for identical assets at the balance sheet date to measure at fair value marketable equity securities in its trading and available for sale portfolios. Market price data generally is obtained from exchange or dealer markets. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Non-Traded Equity Investments&nbsp;&#151; Other Invested Assets</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG initially estimates the fair value of equity instruments not traded in active markets by reference to the transaction price. This valuation is adjusted for changes in inputs and assumptions which are corroborated by evidence such as transactions in similar instruments, completed or pending third-party transactions in the underlying investment or comparable entities, subsequent rounds of financing, recapitalizations and other transactions across the capital structure, offerings in the equity capital markets, and changes in financial ratios or cash flows. For equity securities that are not traded in active markets or that are subject to transfer restrictions, valuations are adjusted to reflect illiquidity <FONT style="WHITE-SPACE: nowrap">and/or</FONT> non-transferability and such adjustments generally are based on available market evidence. In the absence of such evidence, management&#146;s best estimate is used. </DIV> <P> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Private Limited Partnership and Hedge Fund&nbsp;Investments&nbsp;&#151; Other Invested Assets</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG initially estimates the fair value of investments in certain private limited partnerships and certain hedge funds by reference to the transaction price. Subsequently, AIG obtains the fair value of these investments generally from net asset value information provided by the general partner or manager of the investments, the financial statements of which are generally audited annually. AIG considers observable market data and performs diligence procedures in validating the appropriateness of using the net asset value as a fair value measurement. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Separate Account Assets</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Separate account assets are composed primarily of registered and unregistered open-end mutual funds that generally trade daily and are measured at fair value in the manner discussed above for equity securities traded in active markets. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Freestanding Derivatives</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Derivative assets and liabilities can be exchange-traded or traded <FONT style="WHITE-SPACE: nowrap">over-the-counter</FONT> (OTC). AIG generally values exchange-traded derivatives using quoted prices in active markets for identical derivatives at the balance sheet date. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>OTC derivatives are valued using market transactions and other market evidence whenever possible, including market-based inputs to models, model calibration to market clearing transactions, broker or dealer quotations or alternative pricing sources with reasonable levels of price transparency. When models are used, the selection of a particular model to value an OTC derivative depends on the contractual terms of, and specific risks inherent in, the instrument as well as the availability of pricing information in the market. AIG generally uses similar models to value similar instruments. Valuation models require a variety of inputs, including contractual terms, market prices and rates, yield curves, credit curves, measures of volatility, prepayment rates and correlations of such inputs. For OTC derivatives that trade in liquid markets, such as generic forwards, swaps and options, model inputs can generally be corroborated by observable market data by correlation or other means, and model selection does not involve significant management judgment. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Certain OTC derivatives trade in less liquid markets with limited pricing information, and the determination of fair value for these derivatives is inherently more difficult. When AIG does not have corroborating market evidence to support significant model inputs and cannot verify the model to market transactions, the transaction price is initially used as the best estimate of fair value. Accordingly, when a pricing model is used to value such an instrument, the model is adjusted so the model value at inception equals the transaction price. Subsequent to initial recognition, AIG updates valuation inputs when corroborated by evidence such as similar market transactions, third-party pricing services <FONT style="WHITE-SPACE: nowrap">and/or</FONT> broker or dealer quotations, or other empirical market data. When appropriate, valuations are adjusted for various factors such as liquidity, bid/offer spreads and credit considerations. Such adjustments are generally based on available market evidence. In the absence of such evidence, management&#146;s best estimate is used. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Embedded Policy Derivatives</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The fair value of embedded policy derivatives contained in certain variable annuity and equity-indexed annuity and life contracts is measured based on actuarial and capital market assumptions related to projected cash flows over the expected lives of the contracts. These cash flow estimates primarily include benefits and related fees assessed, when applicable, and incorporate expectations about policyholder behavior. Estimates of future policyholder behavior are subjective and based primarily on AIG&#146;s historical experience. With respect to embedded policy derivatives in AIG&#146;s variable annuity contracts, because of the dynamic and complex nature of the expected cash flows, risk neutral valuations are used. Estimating the underlying cash flows for these products involves many estimates and judgments, including those regarding expected market rates of return, market volatility, correlations of market index returns to funds, fund performance, discount rates and policyholder behavior. With respect to embedded policy derivatives in AIG&#146;s equity-indexed annuity and life contracts, option pricing models are used to estimate fair value, taking into account assumptions for future equity index growth rates, volatility of the equity index, future interest rates, and determinations on adjusting the participation rate and the cap on equity indexed credited rates in light of market conditions and policyholder behavior assumptions. With the adoption of FAS&nbsp;157, these methodologies were not changed, with the exception of incorporating an explicit risk margin to take into consideration market participant estimates of projected cash flows and policyholder behavior. The valuation technique used to measure the fair value of certain variable annuity guarantees was modified during 2008, primarily with respect to the development of long-dated equity volatility assumptions and the discount rates applied to certain projected benefit payments. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">AIGFP&#146;s Super Senior Credit Default Swap Portfolio</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP values its CDS transactions written on the super senior risk layers of designated pools of debt securities or loans using internal valuation models, third-party price estimates and market indices. The principal market was determined to be the market in which super senior credit default swaps of this type and size would be transacted, or have been transacted, with the greatest volume or level of activity. AIG has determined that the principal market participants, therefore, would consist of other large financial institutions who participate in sophisticated <FONT style="WHITE-SPACE: nowrap">over-the-counter</FONT> derivatives markets. The specific valuation methodologies vary based on the nature of the referenced obligations and availability of market prices. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The valuation of the super senior credit derivatives continues to be challenging given the limitation on the availability of market observable information due to the lack of trading and price transparency in the structured finance market, particularly during and since the second half of 2007. These market conditions have increased the reliance on management estimates and judgments in arriving at an estimate of fair value for financial reporting purposes. Further, disparities in the valuation methodologies employed by market participants and the varying judgments reached by such participants when assessing volatile markets have increased the likelihood that the various parties to these instruments may arrive at significantly different estimates as to their fair values. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP&#146;s valuation methodologies for the super senior credit default swap portfolio have evolved in response to the deteriorating market conditions and the lack of sufficient market observable information. AIG has sought to calibrate the methodologies to available market information and to review the assumptions of the methodologies on a regular basis. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Regulatory capital portfolio:</I>&nbsp;&nbsp;In the case of credit default swaps written to facilitate regulatory capital relief, AIGFP estimates the fair value of these derivatives by considering observable market transactions. The transactions with the most observability are the early terminations of these transactions by counterparties. AIG expects that the counterparties in the remaining CDS transactions will terminate the vast majority of transactions with AIGFP within the next 9&nbsp;months. AIGFP also considers other market data, to the extent relevant and available. See also Note&nbsp;7 herein. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Multi-sector CDO portfolios:</I>&nbsp;&nbsp;AIGFP uses a modified version of the Binomial Expansion Technique (BET) model to value its credit default swap portfolio written on super senior tranches of multi-sector collateralized debt obligations (CDOs) of ABS, including maturity-shortening puts that allow the holders of the securities issued by certain CDOs to treat the securities as short-term eligible <FONT style="WHITE-SPACE: nowrap">2a-7</FONT> investments under the Investment Company Act of 1940 <FONT style="WHITE-SPACE: nowrap">(2a-7</FONT> Puts). The BET model was developed in 1996 by a major rating agency to generate expected loss estimates for CDO tranches and derive a credit rating for those tranches, and has been widely used ever since. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP has adapted the BET model to estimate the price of the super senior risk layer or tranche of the CDO. AIG modified the BET model to imply default probabilities from market prices for the underlying securities and not from rating agency assumptions. To generate the estimate, the model uses the price estimates for the securities comprising the portfolio of a CDO as an input and converts those estimates to credit spreads over current LIBOR-based interest rates. These credit spreads are used to determine implied probabilities of default and expected losses on the underlying securities. This data is then aggregated and used to estimate the expected cash flows of the super senior tranche of the CDO. </DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Prices for the individual securities held by a CDO are obtained in most cases from the CDO collateral managers, to the extent available. CDO collateral managers provided market prices for 59.0&nbsp;percent of the underlying securities used in the valuation at June&nbsp;30, 2009. When a price for an individual security is not provided by a CDO collateral manager, AIGFP derives the price through a pricing matrix using prices from CDO collateral managers for similar securities. Matrix pricing is a mathematical technique used principally to value debt securities without relying exclusively on quoted prices for the specific securities, but rather by relying on the relationship of the security to other benchmark quoted securities. Substantially all of the CDO collateral managers who provided prices used dealer prices for all or part of the underlying securities, in some cases supplemented by third-party pricing services. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The BET model also uses diversity scores, weighted average lives, recovery rates and discount rates. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP employs a Monte Carlo simulation to assist in quantifying the effect on the valuation of the CDO of the unique aspects of the CDO&#146;s structure such as triggers that divert cash flows to the most senior part of the capital structure. The Monte Carlo simulation is used to determine whether an underlying security defaults in a given simulation scenario and, if it does, the security&#146;s implied random default time and expected loss. This information is used to project cash flow streams and to determine the expected losses of the portfolio. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In addition to calculating an estimate of the fair value of the super senior CDO security referenced in the credit default swaps using its internal model, AIGFP also considers the price estimates for the super senior CDO securities provided by third parties, including counterparties to these transactions, to validate the results of the model and to determine the best available estimate of fair value. In determining the fair value of the super senior CDO security referenced in the credit default swaps, AIGFP uses a consistent process which considers all available pricing data points and eliminates the use of outlying data points. When pricing data points are within a reasonable range an averaging technique is applied. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Corporate debt/CLO portfolios:</I>&nbsp;&nbsp;In the case of credit default swaps written on portfolios of investment-grade corporate debt, AIGFP estimates the fair value of its obligations by comparing the contractual premium of each contract to the current market levels of the senior tranches of comparable credit indices, the iTraxx index for European corporate issuances and the CDX index for U.S.&nbsp;corporate issuances. These indices are considered reasonable proxies for the referenced portfolios. In addition, AIGFP compares these valuations to third-party prices and makes adjustments as necessary to determine the best available estimate of fair value. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP estimates the fair value of its obligations resulting from credit default swaps written on collateralized loan obligations (CLOs) to be equivalent to the par value less the current market value of the referenced obligation. Accordingly, the value is determined by obtaining third-party quotes on the underlying super senior tranches referenced under the credit default swap contract. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Policyholder Contract Deposits</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Policyholder contract deposits accounted for at fair value are measured using an income approach by taking into consideration the following factors: </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>Current policyholder account values and related surrender charges; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>The present value of estimated future cash inflows (policy fees) and outflows (benefits and maintenance expenses) associated with the product using risk neutral valuations, incorporating expectations about policyholder behavior, market returns and other factors;&nbsp;and </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>A risk margin that market participants would require for a market return and the uncertainty inherent in the model inputs. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The change in fair value of these policyholder contract deposits is recorded as Policyholder benefits and claims incurred in the Consolidated Statement of Income (loss). </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Spot commodities and Securities and spot commodities sold but not yet purchased</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Fair values of spot commodities and spot commodities sold but not yet purchased are based on current market prices of reference spot futures contracts traded on exchanges. Fair values for securities sold but not yet purchased are based on current market prices. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Other long-term debt</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>When fair value accounting has been elected, the fair value of non-structured liabilities is generally determined by using market prices from exchange or dealer markets, when available, or discounting expected cash flows using the appropriate discount rate for the applicable maturity. The discount rate is based on an implicit rate determined with the use of observable CDS market spreads to determine the risk of non-performance for AIG. Such instruments are generally classified in Level&nbsp;2 of the fair value hierarchy as all inputs are readily observable. AIG determines the fair value of structured liabilities (where performance is linked to structured interest rates, inflation or currency risks) and hybrid financial instruments (performance linked to risks other than interest rates, inflation or currency risks) using the appropriate derivative valuation methodology (described above) given the nature of the embedded risk profile. Such instruments are classified in Level&nbsp;2 or Level&nbsp;3 depending on the observability of significant inputs to the model. In addition, adjustments are made to the valuations of both non-structured and structured liabilities to reflect AIG&#146;s own credit worthiness based on observable credit spreads of AIG. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Assets and Liabilities Measured at Fair Value on a Recurring Basis</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents information about assets and liabilities measured at fair value on a recurring basis and indicates the level of the fair value measurement based on the levels of the inputs used:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="39%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Counterparty<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Cash<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 1</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 2</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 3</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Netting<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Collateral<I>(b)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt"><B>At June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt"><B>Assets:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Bonds available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>388</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4,044</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4,434</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Obligations of states, municipalities and political subdivisions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>39</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>54,519</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>802</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>55,360</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>439</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>72,214</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>628</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>73,281</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>74</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>170,074</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,022</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>176,170</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Residential mortgage-backed securities (RMBS) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>22,412</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,637</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>28,049</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Commercial mortgage-backed securities (CMBS) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9,072</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,187</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,259</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,859</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,296</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,155</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total bonds available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>940</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>334,194</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>18,574</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>353,708</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <P></P> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="39%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Counterparty<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Cash<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 1</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 2</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 3</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Netting<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Collateral<I>(b)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Bond trading securities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>770</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>7,545</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>11</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>8,326</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Obligations of states, municipalities and political subdivisions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>111</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>111</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,246</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,258</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,713</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>214</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,927</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,721</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,724</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,825</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>37</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,862</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,160</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,991</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9,151</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total bond trading securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>777</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>25,321</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5,261</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>31,359</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Securities lending invested collateral:<I>(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>239</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>134</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>373</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>292</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>22</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>314</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>92</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>92</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>148</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>82</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>230</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total securities lending invested collateral </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>771</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>238</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,009</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Equity securities available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>6,750</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>455</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>33</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>7,238</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Preferred stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>774</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>48</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>822</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,171</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>57</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,229</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total equity securities available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>7,921</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,286</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>82</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>9,289</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Equity securities trading: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,083</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>105</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,189</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,310</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>699</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>16</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>12,025</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total equity securities trading </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>12,393</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>804</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>17</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>13,214</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Mortgage and other loans receivable </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>99</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>99</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other invested assets<I>(d)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,222</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,099</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8,418</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>15,739</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Unrealized gain on swaps, options and forward transactions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>100</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>44,994</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,193</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(30,381</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(5,667</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,239</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Securities purchased under agreements to resell </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,481</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,481</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Short-term investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,075</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>20,648</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>24,726</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Separate account assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>50,550</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,002</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>916</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>53,468</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>18</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>288</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>306</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>78,978</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>439,717</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>35,990</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(30,381</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(5,667</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>518,637</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <P></P> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="39%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Counterparty<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Cash<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 1</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 2</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 3</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Netting<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Collateral<I>(b)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt"><B>Liabilities:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Policyholder contract deposits </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>7,273</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>7,273</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Securities sold under agreements to repurchase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,716</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,716</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Securities and spot commodities sold but not yet purchased </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>321</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>921</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,242</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Unrealized loss on swaps, options and forward transactions<I>(e)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>37,308</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,137</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(30,381</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(13,196</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,876</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Trust deposits and deposits due to banks and other depositors </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>26</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>26</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Federal Reserve Bank of New York Commercial Paper Funding Facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,233</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,233</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Other long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>15,486</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>667</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>16,153</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Other liabilities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,277</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,277</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>329</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>65,967</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>19,077</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(30,381</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(13,196</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>41,796</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">At December&nbsp;31, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Assets: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Bonds available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>414 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>344,237 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>18,391 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>363,042 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Bond trading securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>781 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>29,480 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,987 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>37,248 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Securities lending invested collateral<I>(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,966 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>435 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,401 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Common and preferred stock available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,282 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,415 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>111 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,808 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Common and preferred stock trading </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11,199 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,133 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>12,335 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Mortgage and other loans receivable </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>131 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>131 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other invested assets<I>(d)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,853 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,175 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11,168 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>19,196 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Unrealized gain on swaps, options and forward transactions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>223 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>90,998 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,865 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(74,217 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(7,096 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>13,773 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Securities purchased under agreements to resell </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,960 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,960 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Short-term investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,247 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>16,069 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>19,316 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Separate account assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>47,902 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,410 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>830 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>51,142 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>44 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>325 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>369 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>72,901 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>499,018 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>42,115 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(74,217 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(7,096 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>532,721 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Liabilities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Policyholder contract deposits </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>5,458 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>5,458 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Securities sold under agreements to repurchase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,423 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>85 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,508 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Securities and spot commodities sold but not yet purchased </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,124 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,569 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,693 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Unrealized loss on swaps, options and forward transactions<I>(e)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>85,255 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>14,435 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(74,217 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(19,236 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,238 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Trust deposits and deposits due to banks and other depositors </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>30 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>30 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Federal Reserve Bank of New York Commercial Paper Funding Facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,802 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,802 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15,448 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,147 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>16,595 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Other liabilities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,355 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,355 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,125 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>114,882 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>21,125 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(74,217 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(19,236 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>43,679 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Represents netting of derivative exposures covered by a qualifying master netting agreement in accordance with FASB Interpretation (FIN) 39, &#147;Offsetting of Amounts Related to Certain Contracts.&#148;</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Represents cash collateral posted and received. Securities collateral posted that is reflected in Fixed maturity securities in the Consolidated Balance Sheet, and collateral received, not reflected in the Consolidated Balance Sheet, amounted to $6.4&nbsp;billion and $609&nbsp;million, respectively, at June&nbsp;30, 2009 and $4.2&nbsp;billion and $1.6&nbsp;billion, respectively, at December&nbsp;31, 2008.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(c) </I></TD> <TD></TD> <TD vAlign=bottom><I>Amounts exclude short-term investments that are carried at cost, which approximates fair value of $99&nbsp;million and $442&nbsp;million at June&nbsp;30, 2009 and December&nbsp;31, 2008, respectively.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(d) </I></TD> <TD></TD> <TD vAlign=bottom><I>Approximately 12&nbsp;percent and 15&nbsp;percent of the fair value of the assets recorded as Level&nbsp;3 relates to various private equity, real estate, hedge fund and <FONT style="WHITE-SPACE: nowrap">fund-of-funds</FONT> investments that are consolidated by AIG at June&nbsp;30, 2009 and December&nbsp;31, 2008, respectively. AIG&#146;s ownership in these funds represented 37.7&nbsp;percent, or $1.6&nbsp;billion, of the Level&nbsp;3 amount at June&nbsp;30, 2009 and 27.6&nbsp;percent, or $1.7&nbsp;billion, of the Level&nbsp;3 amount at December&nbsp;31, 2008.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(e) </I></TD> <TD></TD> <TD vAlign=bottom><I>Included in Level&nbsp;3 is the fair value derivative liability of $6.5&nbsp;billion and $9.0&nbsp;billion at June&nbsp;30, 2009 and December&nbsp;31, 2008, respectively, on the AIGFP super senior credit default swap portfolio.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At June&nbsp;30, 2009, Level&nbsp;3 assets were 4.3&nbsp;percent of total assets, and Level&nbsp;3 liabilities were 2.5&nbsp;percent of total liabilities. At December&nbsp;31, 2008, Level&nbsp;3 assets were 4.9&nbsp;percent of total assets, and Level&nbsp;3 liabilities were 2.6&nbsp;percent of total liabilities. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following tables present changes during the three- and six-month periods ended June&nbsp;30, 2009 and 2008 in Level&nbsp;3 assets and liabilities measured at fair value on a recurring basis, and the realized and unrealized gains (losses) recorded in the Consolidated Statement of Income (Loss), during the three- and six-month periods ended June&nbsp;30, 2009 and 2008 related to the Level&nbsp;3 assets and liabilities that remained on the Consolidated Balance Sheet at June&nbsp;30, 2009 and 2008:</B> </DIV> <DIV style="MARGIN-TOP: 9pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 8pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="37%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=08 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=08 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=08 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=08 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Changes in<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Net<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gains<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Accumulated<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Purchases,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>(Losses) on<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Balance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gains (Losses)<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Sales,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Balance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Instruments<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Beginning<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Included<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Comprehensive<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Issuances and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Transfer<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>End<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Held at<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>of Period<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>in Income<I>(b)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Loss</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Settlements-Net</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>In (Out)</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>of Period</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>End of Period</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=26><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt"><B>Three Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt"><B>Assets:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Bonds available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(7</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>7</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Obligations of states, municipalities and political subdivisions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>630</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(46</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>206</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>10</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>802</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>562</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>37</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>32</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>628</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,619</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(20</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>493</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(281</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>211</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,022</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,834</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>29</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(19</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(209</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,637</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,562</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>28</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(23</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(60</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>680</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,187</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,246</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>25</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>153</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(143</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>15</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,296</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total bonds available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>17,455 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>62</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>595</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(462</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>924</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>18,574</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Bond trading securities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>214</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>214</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>36</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>37</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,017</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,394</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(420</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,991</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>453 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total bond trading securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,280</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,397</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(421</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,261</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>455 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <P> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 8pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="37%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=08 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=08 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=08 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=08 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Changes in<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Net<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gains<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Accumulated<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Purchases,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>(Losses) on<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Balance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gains (Losses)<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Sales,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Balance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Instruments<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Beginning<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Included<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Comprehensive<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Issuances and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Transfer<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>End<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Held at<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>of Period<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>in Income<I>(b)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Loss</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Settlements-Net</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>In (Out)</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>of Period</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>End of Period</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=26><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Securities lending invested collateral: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>307</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>14</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(107</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(80</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>134</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>23</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>22</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>91</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(9</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>82</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total securities lending invested collateral </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>398</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>28</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(108</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(80</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>238</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Equity securities available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>45</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(21</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>33</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Preferred stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>54</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(4</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>48</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total equity securities available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>100</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(25</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>82</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Equity securities trading: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>16</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total equity securities trading </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>17</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other invested assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9,688</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(393</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,586</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>576</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>133</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8,418</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(860</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Short-term investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>311</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(15</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(8</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>288</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(8</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Separate account assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>797</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>134</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(15</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>916</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>134 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>33,035 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,160</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(954</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(439</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>995</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>33,797</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(279</B> </TD> <TD vAlign=bottom noWrap align=left><B>) </B></TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt"><B>Liabilities:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Policyholder contract deposits </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(5,557</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(1,656</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(45</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(155</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>140</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(7,273</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,335</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Securities sold under agreements to repurchase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(47</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>46</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Unrealized loss on swaps, options and forward transactions, net </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(11,856</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,016</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(4</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,341</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(441</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(8,944</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,678</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(531</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(189</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>12</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>41</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(667</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>242 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(17,991</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(828</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(49</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2,244</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(260</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(16,884</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5,255 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt"><B>Six Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt"><B>Assets:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Bonds available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Obligations of states, municipalities and political subdivisions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>861</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(13</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(43</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(12</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>802</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>601</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>17</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>23</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(12</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>628</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,872</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(45</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>712</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(593</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>76</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,022</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,108</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(538</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>472</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(266</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(139</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,637</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,663</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>172</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(198</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(212</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>762</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,187</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,284</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(412</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>66</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(299</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>657</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,296</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total bonds available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>18,391 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(837</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,026</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,359</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,353</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>18,574</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Bond trading securities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">U.S. government and government sponsored entities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>17</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(6</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt"><FONT style="WHITE-SPACE: nowrap">Non-U.S.</FONT> governments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>261</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(31</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(65</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>49</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>214</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(5</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(4</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>45</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(6</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>37</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(6</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,656</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,114</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(551</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,991</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>634 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total bond trading securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,987</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,162</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(618</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>54</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,261</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>625 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <P></P> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 8pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="37%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=08 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=08 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=08 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=08 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Changes in<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Net<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gains<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Accumulated<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Purchases,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>(Losses) on<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Balance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gains (Losses)<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Sales,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Balance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Instruments<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Beginning<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Included<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Comprehensive<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Issuances and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Transfer<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>End<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Held at<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>of Period<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>in Income<I>(b)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Loss</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Settlements-Net</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>In (Out)</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>of Period</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>End of Period</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=26><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Securities lending invested collateral: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Corporate debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>231</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>67</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(170</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>134</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">RMBS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>48</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(31</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>22</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">CDO/ABS </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>156</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(25</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(10</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(39</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>82</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total Securities lending invested collateral </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>435</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(14</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>26</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(209</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>238</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Equity securities available for sale: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>55</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(21</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(8</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>33</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Preferred stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>54</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(6</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(4</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>48</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total equity securities available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>111</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(27</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>82</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Equity securities trading: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Common stocks </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 24pt; TEXT-INDENT: -8pt">Mutual funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>14</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>16</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total equity securities trading </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>14</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>17</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other invested assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,168 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,327</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,339</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>892</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>24</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8,418</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,164</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Short-term investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>325</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(9</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(28</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>288</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(8</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Separate account assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>830</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>113</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(27</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>916</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>114 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>38,250 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(3,249</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(1,325</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(1,115</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,236</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>33,797</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(433</B> </TD> <TD vAlign=bottom noWrap align=left><B>) </B></TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt"><B>Liabilities:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Policyholder contract deposits </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(5,458</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(1,501</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(183</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(271</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>140</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(7,273</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,563</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Securities sold under agreements to repurchase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(85</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>81</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Unrealized loss on swaps, options and forward transactions, net </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(10,570</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(307</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,622</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(693</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(8,944</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,185</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,147</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>253</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>134</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>93</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(667</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(176</B> </TD> <TD vAlign=bottom noWrap align=left><B>) </B></TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(17,260</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(1,551</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(179</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2,566</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(460</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(16,884</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4,572 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Three Months Ended June&nbsp;30, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Assets: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Bonds available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>17,492 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(682 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(56 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>43 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,055 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>18,852 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Bond trading securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,535 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(467 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>728 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>77 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,875 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(354 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Securities lending invested collateral </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>9,622 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,346 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>908 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(590 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(105 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,489 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Common and preferred stock available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>384 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(74 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>176 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>485 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Common and preferred stock trading </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>25 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(7 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Mortgage and other loans receivable </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other invested assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11,348 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(153 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>70 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>533 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>70 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11,868 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>166 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>337 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>334 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Separate account assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,065 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>116 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,178 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(4 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>43,808 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(2,664 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>930 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>746 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,270 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>45,090 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(198 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Liabilities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Policyholder contract deposits </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(4,118 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>129 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>13 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(203 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(4,179 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>62 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Securities sold under agreements to repurchase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(220 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(39 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>222 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(40 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Unrealized loss on swaps, options and forward transactions, net </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(20,860 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,679 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(240 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>105 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(26,674 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,496 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,838 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(25 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>182 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(8 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,689 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(12 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other liabilities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(74 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>32 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>17 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(25 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>52 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(28,110 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,546 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>12 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(283 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>320 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(33,607 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,393 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 8pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="37%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=08 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=08 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=08 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=08 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Changes in<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Net<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Realized and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gains<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Unrealized<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Accumulated<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Purchases,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>(Losses) on<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Balance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Gains (Losses)<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Sales,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Balance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Instruments<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Beginning<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Included<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Comprehensive<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Issuances and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Transfer<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>End<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Held at<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>of Period<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>in Income<I>(b)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Loss</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Settlements-Net</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>In (Out)</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>of Period</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>End of Period</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=26><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Six Months Ended June&nbsp;30, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Assets: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Bonds available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>19,071 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(1,447 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(542 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(142 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,912 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>18,852 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Bond trading securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,563 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,453 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>717 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>46 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,875 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,243 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Securities lending invested collateral </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11,353 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3,138 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,087 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(818 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,489 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Common and preferred stock available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>359 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(7 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(56 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>183 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>485 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Common and preferred stock trading </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>30 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(19 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(7 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Mortgage and other loans receivable </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other invested assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>10,373 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>192 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>137 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,148 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>18 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11,868 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>818 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>141 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>193 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>334 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Separate account assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,003 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>27 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>148 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,178 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>27 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>46,893 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,827 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>692 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,171 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,161 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>45,090 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(398 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Liabilities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Policyholder contract deposits </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(3,674 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(57 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(51 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(397 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(4,179 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(221 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Securities sold under agreements to repurchase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(208 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(20 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(34 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>222 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(40 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Unrealized loss on swaps, options and forward transactions, net </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(11,718 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(14,562 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(429 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>35 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(26,674 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(14,693 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3,578 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>90 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>638 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>161 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,689 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 16pt; TEXT-INDENT: -8pt">Other liabilities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(503 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(55 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>532 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(25 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>28 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 8pt; TEXT-INDENT: -8pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(19,681 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(14,604 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(51 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>310 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>419 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(33,607 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(14,885 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Total Level&nbsp;3 derivative exposures have been netted on these tables for presentation purposes only.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Net realized and unrealized gains and losses shown above are reported in the Consolidated Statement of Income (Loss) primarily as follows:</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 9pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="50%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD width="49%">&nbsp;</TD><!-- colindex=02 type=maindata --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>Major Category of Assets/Liabilities</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=left><B>Consolidated Statement of Income (Loss) Line Items</B> </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Bonds available for sale </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=top align=left>&#149; Net realized capital gains (losses) </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Bond trading securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=top align=left>&#149; Net investment income </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=top align=left>&#149; Other income </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other invested assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=top align=left>&#149; Net realized capital gains (losses) </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=top align=left>&#149; Other income </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Policyholder contract deposits </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=top align=left>&#149; Policyholder benefits and claims incurred </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=top align=left>&#149; Net realized capital gains (losses) </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Unrealized loss on swaps, options and forward transactions, net </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 4pt; TEXT-INDENT: -4pt">&#149; Unrealized market valuation gains (losses) on AIGFP super senior credit default swap portfolio </DIV></TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=top align=left>&#149; Net realized capital gains (losses) </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=top align=left>&#149; Other income </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Both observable and unobservable inputs may be used to determine the fair values of positions classified in Level&nbsp;3 in the tables above. As a result, the unrealized gains (losses) on instruments held at June&nbsp;30, 2009 and 2008&nbsp;may include changes in fair value that were attributable to both observable (e.g., changes in market interest rates) and unobservable inputs (e.g., changes in unobservable long-dated volatilities). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG uses various hedging techniques to manage risks associated with certain positions, including those classified within Level&nbsp;3. Such techniques may include the purchase or sale of financial instruments that are classified within Level&nbsp;1 <FONT style="WHITE-SPACE: nowrap">and/or</FONT> Level&nbsp;2. As a result, the realized and unrealized gains (losses) for assets and liabilities classified within Level&nbsp;3 presented in the table above do not reflect the related realized or unrealized gains (losses) on hedging instruments that are classified within Level&nbsp;1 <FONT style="WHITE-SPACE: nowrap">and/or</FONT> Level&nbsp;2. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Changes in the fair value of separate and variable account assets are completely offset in the Consolidated Statement of Income (Loss) by changes in separate and variable account liabilities, which are not carried at fair value and therefore not included in the tables above. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Fair Value Measurements on a Non-Recurring Basis</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG also measures the fair value of certain assets on a non-recurring basis, generally quarterly, annually, or when events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable. These assets include cost and equity-method investments, life settlement contracts, flight equipment primarily under operating leases, collateral securing foreclosed loans and real estate and other fixed assets, goodwill, and other intangible assets. AIG uses a variety of techniques to measure the fair value of these assets when appropriate, as described below: </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Cost and Equity-Method Investments:</I>&nbsp;&nbsp;When AIG determines that the carrying value of these assets may not be recoverable, AIG records the assets at fair value with the loss recognized in income. In such cases, AIG measures the fair value of these assets using the techniques discussed in Fair Value Measurements on a Recurring Basis&nbsp;&#151; Fair Value Hierarchy, above, for fixed maturities and equity securities. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Life Settlement Contracts:</I>&nbsp;&nbsp;AIG measures the fair value of individual life settlement contracts (which are included in other invested assets) whenever the carrying value plus the undiscounted future costs that are expected to be incurred to keep the life settlement contract in force exceed the expected proceeds from the contract. In those situations, the fair value is determined on a discounted cash flow basis, incorporating current life expectancy assumptions. The discount rate incorporates current information about market interest rates, the credit exposure to the insurance company that issued the life settlement contract and AIG&#146;s estimate of the risk margin an investor in the contracts would require. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Flight Equipment Primarily Under Operating Leases:</I>&nbsp;&nbsp;When AIG determines the carrying value of its commercial aircraft may not be recoverable, AIG records the aircraft at fair value with the loss recognized in income. AIG measures the fair value of its commercial aircraft using an income approach based on the present value of all cash flows from existing and projected lease payments (based on historical experience and current expectations regarding market participants) including net contingent rentals for the period extending to the end of the aircraft&#146;s economic life in its highest and best use configuration, plus its disposition value. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Collateral Securing Foreclosed Loans and Real Estate and Other Fixed Assets:</I> When AIG takes collateral in connection with foreclosed loans, AIG generally bases its estimate of fair value on the price that would be received in a current transaction to sell the asset by itself, by reference to observable transactions for similar assets. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Goodwill:</I>&nbsp;&nbsp;AIG tests goodwill annually for impairment or more frequently whenever events or changes in circumstances indicate the carrying amount of goodwill may not be recoverable. When AIG determines goodwill may be impaired, AIG uses techniques including market-based earning multiples of peer companies, discounted expected future cash flows, appraisals, or, in the case of reporting units being considered for sale, third-party indications of fair value of the reporting unit, if available, to determine the amount of any impairment. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Long-Lived Assets:</I>&nbsp;&nbsp;AIG tests its long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount of a long-lived asset may not be recoverable. AIG measures the fair value of long-lived assets based on an in-use premise that considers the same factors used to estimate the fair value of its real estate and other fixed assets under an in-use premise discussed above. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Finance Receivables Held for Sale:</I> </TD></TR></TBODY></TABLE> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="6%"></TD> <TD width="2%"></TD> <TD width="92%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>Originated as held for sale<I>&nbsp;&#151; </I>AIG determines the fair value of finance receivables originated as held for sale by reference to available market indicators such as current investor yield requirements, outstanding forward sale commitments, or negotiations with prospective purchasers, if any. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>Originated as held for investment&nbsp;&#151; AIG determines the fair value of finance receivables originated as held for investment based on negotiations with prospective purchasers, if any, or by using projected cash flows discounted at the weighted average interest rates offered in the marketplace for similar finance receivables. Cash flows are projected based on contractual payment terms, adjusted for delinquencies and estimates of prepayments and credit-related losses. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>Assets measured at fair value on a non-recurring basis on which impairment charges were recorded, and the related impairment charges, were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="42%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=08 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=08 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=08 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=08 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=09 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=09 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=09 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=09 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=14><B>Impairment Charges</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>Assets at Fair Value<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Ended<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=14><B>Non-Recurring Basis</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 1</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 2</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Level 3</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=30><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>At June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Goodwill </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>45 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Real estate owned </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,278</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,278</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>341</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>22 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>499</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>22 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Finance receivables </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>754</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>754</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>79</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>79</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>716</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>716</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>77</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>369</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Aircraft </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>24</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>24</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>16</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>16</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>108</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>187</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>295</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>39</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>13 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>111</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>13 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>108</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4,959</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5,067</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>552</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>50 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,074</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>95 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">At December&nbsp;31, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Real estate owned </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,379 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,379 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,122 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,137 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>29 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,160 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,189 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>15 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>29 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>5,661 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>5,705 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>During 2009, AIG recognized impairment charges primarily attributable to certain investment real estate and other long-lived assets, which were included in Other income. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Fair Value Option</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>FAS&nbsp;159 permits a company to choose to measure at fair value many financial instruments and certain other assets and liabilities that are not required to be measured at fair value. Subsequent changes in fair value for designated items are required to be reported in income. Unrealized gains and losses on financial instruments in AIG&#146;s insurance businesses and in AIGFP for which the fair value option was elected under FAS&nbsp;159 are classified in Policyholder benefit and claims incurred and in Other income, respectively, in the Consolidated Statement of Income (Loss). </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents the gains or losses recorded during the three- and six-month periods ended June&nbsp;30, 2009 and 2008 related to the eligible instruments for which AIG elected the fair value option:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="64%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Gain (Loss)<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Gain (Loss)<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>Ended June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>Ended June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>(In millions)</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Mortgage and other loans receivable </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>18</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>11 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(29</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>79 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Trading securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,402</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(718 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(269</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,151 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Trading&nbsp;&#151; ML&nbsp;II and ML&nbsp;III </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>885</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,316</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Securities purchased under agreements to resell </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>307 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(9</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>575 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other invested assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(24</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>12 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Short-term investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>43 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>67 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Policyholder contract deposits<I>(a)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(543</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(591</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>118 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Securities sold under agreements to repurchase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(100</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(120 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>21</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(416 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Securities and spot commodities sold but not yet purchased </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(48</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(34 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(82</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Trust deposits and deposits due to banks and other depositors </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(54</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(43</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(11 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>468</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>582 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,055</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(391 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other liabilities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(251</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(286 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(113</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(319 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total gain (loss)<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,784</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(206 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>600</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(1,450 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>AIG elected to apply the fair value option to certain single premium variable life products in Japan and an investment-linked life insurance product sold principally in Asia, both classified within policyholder contract deposits in the Consolidated Balance Sheet. AIG elected the fair value option for these liabilities to more closely align its accounting with the economics of its transactions. For the investment-linked product sold principally in Asia, the election more effectively aligns changes in the fair value of assets with a commensurate change in the fair value of policyholders&#146; liabilities. For the single premium life products in Japan, the fair value option election allows AIG to economically hedge the inherent market risks associated with this business in an efficient and effective manner through the use of derivative instruments. The hedging program, which was completely implemented in the third quarter of 2008, results in an accounting presentation for this business that more closely reflects the underlying economics and the way the business is managed, with the change in the fair value of derivatives and underlying assets largely offsetting the change in fair value of the policy liabilities. AIG did not elect the fair value option for other liabilities classified in policyholder contract deposits because other contracts do not share the same contract features that created the disparity between the accounting presentation and the economic performance.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Not included in the table above were gains of $2.5&nbsp;billion and losses of $6.3&nbsp;billion for the three-month periods ended June&nbsp;30, 2009 and 2008, respectively, and gains of $3.2&nbsp;billion and losses of $14.5&nbsp;billion for the six-month periods ended June&nbsp;30, 2009 and 2008, respectively, that were primarily due to changes in the fair value of derivatives, trading securities and certain other invested assets for which the fair value option under FAS&nbsp;159 was not elected. Included in these amounts were unrealized market valuation gains of $636&nbsp;million and losses of $5.6&nbsp;billion for the three-month periods ended June&nbsp;30, 2009 and 2008, respectively, and gains of $184&nbsp;million and losses of $14.7&nbsp;billion for the six-month periods ended June&nbsp;30, 2009 and 2008, respectively, related to AIGFP&#146;s super senior credit default swap portfolio.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Interest income and expense and dividend income on assets and liabilities elected under the fair value option are recognized and classified in the Consolidated Statement of Income (Loss) depending on the nature of the instrument and related market conventions. For AIGFP related activity, interest, dividend income, and interest expense are included in other income. Otherwise, interest and dividend income are included in net investment income in the Consolidated Statement of Income (Loss). See Note&nbsp;1(a) to the Consolidated Financial Statements in the 2008 Financial Statements for additional information about AIG&#146;s policies for recognition, measurement, and disclosure of interest and dividend income and interest expense. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>During the three- and six-month periods ended June&nbsp;30, 2009, AIG recognized a loss of $576&nbsp;million and a gain of $624&nbsp;million, respectively, and during the three- and six-month periods ended June&nbsp;30, 2008, AIG recognized a loss of $169&nbsp;million and a gain of $1.3&nbsp;billion, respectively, attributable to the observable effect of changes in credit spreads on AIG&#146;s own liabilities for which the fair value option was elected. AIG calculates the effect of these credit spread changes using discounted cash flow techniques that incorporate current market interest rates, AIG&#146;s observable credit spreads on these liabilities and other factors that mitigate the risk of nonperformance such as collateral posted. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents the difference between fair values and the aggregate contractual principal amounts of mortgage and other loans receivable and long-term borrowings, for which the fair value option was elected:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="37%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=10><B>At June&nbsp;30,&nbsp;2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=10><B>At December&nbsp;31,&nbsp;2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Outstanding<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Outstanding<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Principal<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Principal<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Amount</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Difference</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Amount</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Difference</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Assets:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Mortgage and other loans receivable </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>99</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>248</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(149</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>131 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>244 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(113 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Liabilities:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>14,623</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>13,584</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,039</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>21,285 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>16,827 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>4,458 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At June&nbsp;30, 2009 and December&nbsp;31, 2008, there were no significant mortgage or other loans receivable for which the fair value option was elected that were 90&nbsp;days or more past due and in non-accrual status. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Fair Value Information about Financial Instruments Not Measured at Fair Value</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Commencing in the second quarter of 2009, FAS&nbsp;107, as amended by FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;107-1,</FONT> requires quarterly disclosure of fair value information about financial instruments for which it is practicable to estimate such fair value. FAS&nbsp;107 excludes certain financial instruments, including those related to insurance contracts and lease contracts. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Information regarding the estimation of fair value for financial instruments not carried at fair value is discussed below: </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Mortgage and other loans receivable:</I>&nbsp;&nbsp;Fair values of loans on real estate and collateral loans were estimated for disclosure purposes using discounted cash flow calculations based upon discount rates that AIG believes market participants would use in determining the price they would pay for such assets. For certain loans, AIG&#146;s current incremental lending rates for similar type loans is used as the discount rate, as it is believed that this rate approximates the rates market participants would use. The fair values of policy loans were not estimated as AIG believes it would have to expend excessive costs for the benefits derived. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Finance receivables:</I>&nbsp;&nbsp;Fair values of net finance receivables, less allowance for finance receivable losses, were estimated for disclosure purposes using projected cash flows, computed by category of finance receivable, discounted at the weighted average interest rates offered in the marketplace for similar finance receivables. Cash flows were projected based on contractual payment terms adjusted for delinquencies and estimates of prepayments and credit-related losses. The fair value estimates do not reflect the underlying customer relationships or the related distribution systems. </TD></TR></TBODY></TABLE> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Securities lending payable:</I>&nbsp;&nbsp;The contract values of securities lending payable approximate fair value as these obligations are short-term in nature. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Cash, short-term investments, trade receivables, trade payables, securities purchased (sold) under agreements to resell (repurchase), and commercial paper and other short-term debt:</I>&nbsp;&nbsp;The carrying values of these assets and liabilities approximate fair values because of the relatively short period of time between origination and expected realization. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Policyholder contract deposits associated with investment-type contracts:</I>&nbsp;&nbsp;Fair values for policyholder contract deposits associated with investment-type contracts not accounted for at fair value were estimated for disclosure purposes using discounted cash flow calculations based upon interest rates currently being offered for similar contracts with maturities consistent with those remaining for the contracts being valued. Where no similar contracts are being offered, the discount rate is the appropriate tenor swap rates (if available) or current risk-free interest rates consistent with the currency in which the cash flows are denominated. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Trust deposits and deposits due to banks and other depositors:</I>&nbsp;&nbsp;The fair values of certificates of deposit which mature in more than one year are estimated for disclosure purposes using discounted cash flow calculations based upon interest rates currently offered for deposits with similar maturities. For demand deposits and certificates of deposit which mature in less than one year, carrying values approximate fair value. </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left><I>Long-term debt:</I>&nbsp;&nbsp;Fair values of these obligations were determined for disclosure purposes by reference to quoted market prices, where available and appropriate, or discounted cash flow calculations based upon AIG&#146;s current market-observable implicit-credit-spread rates for similar types of borrowings with maturities consistent with those remaining for the debt being valued. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents the carrying value and estimated fair value of AIG&#146;s financial instruments as required by FAS&nbsp;107:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="57%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>June&nbsp;30,&nbsp;2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>December&nbsp;31,&nbsp;2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Carrying<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Carrying<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Assets: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Fixed maturities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>386,175</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>386,175</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>404,134 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>404,134 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Equity securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>22,503</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>22,503</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>21,143 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>21,143 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Mortgage and other loans receivable </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>32,380</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>30,300</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>34,687 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>35,056 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Finance receivables, net of allowance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>25,342</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>22,217</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>30,949 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>28,731 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other invested assets<I><SUP style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">*</SUP></I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>42,048</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>42,681</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>50,381 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>52,094 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Securities purchased under agreements to resell </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,481</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,481</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,960 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,960 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Short-term investments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>59,336</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>59,336</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>46,666 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>46,666 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Cash </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,802</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,802</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,642 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,642 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Trade receivables </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>817</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>817</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,901 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,901 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Unrealized gain on swaps, options and forward transactions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,239</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,239</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>13,773 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>13,773 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Liabilities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Policyholder contract deposits associated with investment-type contracts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>172,688 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>174,238</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>179,478 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>176,783 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Securities sold under agreements to repurchase </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,191</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,191</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5,262 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5,262 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Trade payables </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>780</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>780</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>977 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>977 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Securities and spot commodities sold but not yet purchased </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,242</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,242</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,693 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,693 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Unrealized loss on swaps, options and forward transactions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,876</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,876</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,238 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6,238 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Trust deposits and deposits due to banks and other depositors </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,687</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,687</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,498 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,469 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Commercial paper and other short-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>197</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>197</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>613 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>613 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Federal Reserve Bank of New York Commercial Paper Funding Facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,152</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,152</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15,105 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15,105 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Federal Reserve Bank of New York credit facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>44,816</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>41,097</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>40,431 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>40,708 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>123,528 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>92,316</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>137,054 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>101,467 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Securities lending payable </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,533</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,533</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,879 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,879 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="1%"></TD> <TD width="1%"></TD> <TD width="98%"></TD></TR> <TR> <TD vAlign=top align=middle><I>* </I></TD> <TD></TD> <TD vAlign=bottom><I>Excludes aircraft asset investments held by non-Financial Services subsidiaries.</I></TD></TR></TBODY></TABLE></BODY></HTML> 4.&nbsp;&nbsp; Fair Value Measurements &nbsp; Effective January&nbsp;1, 2008, AIG adopted FAS&nbsp;157 and FAS&nbsp;159, &#147;The Fair Value false false No definition available. No authoritative reference available. false false 1 2 false UnKnown UnKnown UnKnown false true XML 11 R8.xml IDEA: Restructuring 1.0.0.3 false Restructuring false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 2 0 aig_NotesToConsolidatedFinancialsAbstract aig false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false No definition available. false 3 1 us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock us-gaap true na duration string No definition available. false false false false false false false false false 1 false false 0 0 <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 103px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=103 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">2.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Restructuring</FONT></B> </TD></TR></TBODY></TABLE><!-- XBRL,body --> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG is executing an organization-wide restructuring plan under which some of its operations are being divested, some will be held for later divestiture, some are being prepared for potential offerings to the public, and some will be retained. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Successful execution of the restructuring plan involves significant separation activities. Accordingly, AIG established retention programs for its key employees to maintain ongoing business operations and to facilitate the successful execution of the restructuring plan, although some payments have been delayed. Additionally, given the market disruption in the first quarter of 2008, AIGFP established a retention plan for its employees to manage and unwind its complex businesses. Other major activities include the separation of shared services, corporate functions, infrastructure and assets among business units. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In connection with its restructuring and separation activities, AIG expects to incur significant expenses, including legal, banking, accounting, consulting and other professional fees. In addition, AIG is contractually obligated to reimburse or advance certain professional fees and other expenses incurred by the FRBNY and the trustees of the AIG Credit Facility Trust, a trust established for the sole benefit of the United States Treasury (Trust). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Based on AIG&#146;s announced plans, AIG has made estimates of these expenses, although for some restructuring and separation activities estimates cannot be reasonably made due to the evolving nature of the plans and the uncertain timing of the transactions involved. Future reimbursement or advancement payments to the FRBNY and the trustees cannot reasonably be estimated by AIG. Even for those expenses that have been estimated, actual expenses will vary depending on the identity of the ultimate purchasers of the divested entities or counterparties to transactions, the transactions and activities that ultimately are consummated or undertaken, and the ultimate time period over which these activities occur. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>For those restructuring and separation expenses that have been incurred or can be reasonably estimated, the total expenses incurred and expected to be incurred are approximately $2.7&nbsp;billion at June&nbsp;30, 2009, as set forth in the table below. This amount excludes expenses that could not be reasonably estimated at June&nbsp;30, 2009, as well as any expenses (principally professional fees) that are expected to be capitalized. With respect to the FRBNY and the trustees of the Trust, this amount includes only actual reimbursement and advancement payments made through June&nbsp;30, 2009. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>Restructuring expenses and related asset impairment and other expenses by operating segment consisted of the following:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="40%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Life Insurance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>General<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>&amp; Retirement<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Financial<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Asset<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Insurance</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Services</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Services</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Management</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Other<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt"><B>Three Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Restructuring expenses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>24 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>43 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>144 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>217 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Separation expenses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>42 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>36 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>31 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>12 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>126 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>43 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>60 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>74 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>10 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>156 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>343 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt"><B>Six Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Restructuring expenses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>33 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>101 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>276 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>420 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 18pt; TEXT-INDENT: -9pt">Separation expenses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>73 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>82 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>82 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>16 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>32 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>285 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 27pt; TEXT-INDENT: -9pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>74 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>115 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>183 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>25 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>308 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>705 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Cumulative amounts incurred since inception of restructuring plan </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>158 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>183 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>521 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>94 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>558 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,514 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total amounts expected to be incurred<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>294 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>322 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>741 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>110 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,240 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,707 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Primarily includes professional fees related to (i)&nbsp;disposition activities and (ii)&nbsp;AIG&#146;s capital restructuring program with the FRBNY and the Department of the Treasury.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Includes cumulative amounts incurred and future amounts to be incurred that can be reasonably estimated at June&nbsp;30, 2009.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>A rollforward of the restructuring liability, reported in Other liabilities on AIG&#146;s consolidated balance sheet, for the six months ended June&nbsp;30, 2009, the cumulative amounts incurred since inception of restructuring plan, and the total amounts expected to be incurred are summarized as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="39%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=08 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=08 type=lead --> <TD align=right width="9%">&nbsp;</TD><!-- colindex=08 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=08 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Total<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Contract<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Asset<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Subtotal<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Restructuring<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left><B>Six Months Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Severance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Termination<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Write-<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Exit<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Restructuring<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Separation<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>and&nbsp;Separation<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left><B>June&nbsp;30, 2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Downs</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=26><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Liability balance, at beginning of year </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>77 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>27 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>87 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>191 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>284 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>475 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Additional charges </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>47 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>29 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>21 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>258 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>355 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>330 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>685 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Cash payments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(54 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(21 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(254 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(329 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(309 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(638 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Non-cash items<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(11 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(21 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(34 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(31 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Changes in estimates </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>33 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>23 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>65 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(45 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>20 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Liability balance, end of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>92 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>41 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>115 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>248 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>263 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>511 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Cumulative amounts incurred since inception of restructuring plan </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>169 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>65 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>72 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>421 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>727 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>787 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,514 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="39%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=08 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=08 type=lead --> <TD align=right width="9%">&nbsp;</TD><!-- colindex=08 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=08 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Total<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Contract<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Asset<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Subtotal<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Restructuring<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left><B>Six Months Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Severance<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Termination<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Write-<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Exit<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Restructuring<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Separation<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>and&nbsp;Separation<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left><B>June&nbsp;30, 2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Downs</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Expenses</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 7pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=26><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Total amounts expected to be incurred<I>(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>207 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>120 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>72 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,127 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,526 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,181 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,707 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Primarily includes professional fees related to (i)&nbsp;disposition activities, (ii)&nbsp;AIG&#146;s capital restructuring program with the FRBNY and the Department of the Treasury and (iii)&nbsp;unwinding most of AIGFP&#146;s businesses and portfolios.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Primarily represents asset impairment charges, foreign currency translation and reclassification adjustments.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(c) </I></TD> <TD></TD> <TD vAlign=bottom><I>Includes cumulative amounts incurred and future amounts to be incurred that can be reasonably estimated at June&nbsp;30, 2009.</I></TD></TR></TBODY></TABLE></BODY></HTML> 2.&nbsp;&nbsp; Restructuring &nbsp; AIG is executing an organization-wide restructuring plan under which some of its operations are being divested, false false No definition available. No authoritative reference available. false false 1 2 false UnKnown UnKnown UnKnown false true XML 12 R18.xml IDEA: Federal Income Taxes 1.0.0.3 false Federal Income Taxes false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 2 0 aig_NotesToConsolidatedFinancialsAbstract aig false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false No definition available. false 3 1 us-gaap_IncomeTaxDisclosureTextBlock us-gaap true na duration string No definition available. false false false false false false false false false 1 false false 0 0 <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 145px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=145 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">12.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Federal Income Taxes </FONT></B></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Interim Period Tax Assumptions and Effective Tax Rates</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The U.S.&nbsp;federal income tax rate is 35&nbsp;percent for 2009. Actual tax expense on income (loss) differs from the statutory amount computed by applying the federal income tax rate because of the following:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="63%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months Ended<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30, 2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30, 2009</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Percent<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Percent<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>of Pre-tax<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>of Pre-tax<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Amount</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Income</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Amount</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Income</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>(dollars in millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">U.S. federal income tax at statutory rate </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>462 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>35.0 </TD> <TD vAlign=bottom noWrap align=left>% </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(1,767 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>35.0 </TD> <TD vAlign=bottom noWrap align=left>% </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Adjustments: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Valuation allowance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,828 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(138.6 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(195 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Effect of foreign operations </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(104 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(7.9 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(50 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Uncertain tax positions </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>360 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>27.3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>403 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(8.0 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Tax exempt interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(170 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(12.9 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(366 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7.2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">FIN&nbsp;46(R) income </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>17 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1.3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>290 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5.7 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Dividends received deduction </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(40 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3.0 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(71 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1.4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">State income taxes </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(37 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2.8 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>41 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(0.8 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Investment in subsidiaries </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>720 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>54.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(156 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3.1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>94 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>110 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2.2 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Actual income tax expense </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(526 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(40.0 </TD> <TD vAlign=bottom noWrap align=left>)% </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(1,761 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>34.9 </TD> <TD vAlign=bottom noWrap align=left>% </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The effective tax rate on pre-tax income for the three-month period ended June&nbsp;30, 2009 was (40.0) percent. The effective tax rate was negative because AIG recorded a tax benefit on pre-tax income. The tax benefit was due primarily to a $1.8&nbsp;billion decrease in the deferred tax valuation allowance resulting from the effects of recently announced transactions, including the sale of AIG&#146;s headquarters building in Tokyo. This benefit was partially offset by $720&nbsp;million of deferred tax expense mainly attributable to the book and tax basis differences of AIG Parent&#146;s investment in subsidiaries, primarily attributable to AIG&#146;s divestiture plan, and an increase of $360&nbsp;million in the reserve for uncertain tax positions and other discrete period items. The effective tax rate on the pre-tax loss for the six months ended June&nbsp;30, 2009 was 34.9&nbsp;percent. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The effective tax rate on the pre-tax loss for the three-month period ended June&nbsp;30, 2008 was 38.4&nbsp;percent. The effective tax rate was higher than the statutory rate of 35&nbsp;percent due primarily to tax benefits from foreign operations and tax exempt interest. The effective tax rate on the pre-tax loss for the six-month period ended June&nbsp;30, 2008 was 34.4&nbsp;percent. The effective tax rate was adversely affected by $703&nbsp;million of tax charges from the first three months of 2008, comprised of increases in the reserve for uncertain tax positions, tax benefits from foreign operations and tax exempt income and other discrete period items. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG is unable to make a reliable estimate of the annual effective tax rate for 2009 due to the significant variations in the customary relationship between income tax expense and pre-tax accounting income or loss; consequently, the actual effective tax rate for the interim period is being utilized. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Valuation Allowances on Deferred Tax Assets</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG recorded a net deferred tax asset after valuation allowance of $12.8&nbsp;billion at June&nbsp;30, 2009 and $11.0&nbsp;billion at December&nbsp;31, 2008. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>A rollforward of the net deferred tax asset was as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="63%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="13%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Deferred<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Net<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Tax Asset Before<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Valuation<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Deferred<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Valuation Allowance</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Allowance</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Tax Asset</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=10><B>(In billions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Six Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, beginning of year recorded in: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated deficit </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>27.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(20.9 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>6.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated other comprehensive loss </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4.4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4.4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, beginning of year </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>31.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(20.9 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Effect of adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> recorded in: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated deficit </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5.2 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2.7 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2.5 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated other comprehensive loss </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5.2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(0.2 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total Effect of adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Benefit (provision) for the six months ended June&nbsp;30, 2009 recorded in: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Income tax expense (benefit) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3.4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other comprehensive income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3.0 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(0.4 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3.4 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total Benefit (provision) for the six months ended June&nbsp;30, 2009 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(0.2 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Effect of sales/deconsolidations on: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated deficit </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(0.9 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(0.9 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated other comprehensive loss </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total effect of sales/deconsolidations </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(0.9 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(0.9 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, end of period recorded in: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated deficit </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>24.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(18.0 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated other comprehensive loss </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(0.6 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, end of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>31.4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(18.6 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>12.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG reduced its deferred tax asset valuation allowance by $2.5&nbsp;billion as a result of the adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2.</FONT> This decrease reflected the reversal of that portion of the allowance pertaining to the other-than-temporary severity impairments reclassified from Accumulated deficit to Accumulated other comprehensive loss. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In addition, AIG recorded an income tax benefit through the income statement of $0.2&nbsp;billion for the six months ended June&nbsp;30, 2009 comprised of a $1.6&nbsp;billion charge in the first quarter offset by a $1.8&nbsp;billion benefit in the second quarter. The charge in the first quarter reflected management&#146;s revised projection of future income. The benefit in the second quarter was primarily related to the favorable effects of the aforementioned recently announced transactions. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG also recognized a $0.4&nbsp;billion charge for the three and six months ended June&nbsp;30, 2009 in Other comprehensive income (loss) related primarily to certain available for sale fixed maturity securities for which management could no longer assert it has the intent and ability to hold to recovery for tax purposes. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At June&nbsp;30, 2009, AIG reported a net deferred tax asset after valuation allowance of $12.8&nbsp;billion. This asset was net of $4.2&nbsp;billion of net deferred tax liabilities related to foreign subsidiaries and certain domestic subsidiaries that file separate tax returns. Management determined that it is more likely than not that the remaining $17.0&nbsp;billion net deferred tax asset is realizable. AIG has also determined that no valuation allowance is required on $4.3&nbsp;billion of tax benefit on available for sale fixed maturity securities that management has asserted it has the ability and intent to hold to recovery. The remaining $12.7&nbsp;billion of net deferred tax asset is supported based on management&#146;s assessment of future income, principally related to AIG&#146;s divestiture plan. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Realization of AIG&#146;s net deferred tax asset depends on AIG&#146;s ability to consummate the AIA and ALICO transactions and to generate sufficient future taxable income of the appropriate character within carryforward periods of the jurisdictions in which the net operating and capital losses, tax credits and deductible temporary differences were incurred. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Estimates of future taxable income could change in the near term, perhaps materially, which may require AIG to adjust its valuation allowance. Such adjustment, either positive or negative, could be material to AIG&#146;s consolidated financial condition or its results of operations. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>When making its assessment about the realization of its deferred tax assets at June&nbsp;30, 2009, AIG considered all available evidence, including (i)&nbsp;the nature, frequency, and severity of current and cumulative financial reporting losses, (ii)&nbsp;actions completed to date and additional actions expected to be completed, (iii)&nbsp;the carryforward periods for the net operating and capital loss and foreign tax credit carryforwards, (iv)&nbsp;the sources and timing of future taxable income, giving greater weight to discrete sources and to earlier years in the forecast period, and (v)&nbsp;tax planning strategies that would be implemented, if necessary, to accelerate taxable amounts. Management has also considered the period during which it expects to receive support from the FRBNY. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At June&nbsp;30, 2009, AIG has deferred tax assets related to stock compensation of $211&nbsp;million. Due to the significant decline in AIG&#146;s stock price, these deferred tax assets may not be realizable in the future. FAS&nbsp;123(R), &#147;Share-Based Payments,&#148; precludes AIG from recognizing an impairment charge on these assets until the related stock awards are exercised, vested or expired. Any charge associated with the deferred tax assets is reported in additional paid-in capital until the pool of previously recognized tax benefits recorded in additional paid-in capital is reduced to zero. Income tax expense would be recognized for any additional charge. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Tax Litigation</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On February&nbsp;26, 2009, AIG filed a complaint in the United States District Court for the Southern District of New York seeking a refund of approximately $306&nbsp;million in taxes, interest and penalties paid with respect to its 1997 taxable year. AIG alleges that the IRS improperly disallowed foreign tax credits and that AIG&#146;s taxable income should be reduced as a result of AIG&#146;s 2005 restatement of its consolidated financial statements. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FIN&nbsp;48</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At June&nbsp;30, 2009 and December&nbsp;31, 2008, AIG&#146;s unrecognized tax benefits, excluding interest and penalties, were $3.7&nbsp;billion and $3.4&nbsp;billion, respectively. The increase during the first six months of 2009 is primarily attributable to foreign tax credits associated with cross border financing transactions. At both June&nbsp;30, 2009 and December&nbsp;31, 2008, AIG&#146;s unrecognized tax benefits included $0.7&nbsp;billion related to tax positions the disallowance of which would not affect the effective tax rate. Accordingly, at June&nbsp;30, 2009 and December&nbsp;31, 2008, the amounts of unrecognized tax benefits that, if recognized, would favorably affect the effective tax rate were $3.0&nbsp;billion and $2.7&nbsp;billion, respectively. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Interest and penalties related to unrecognized tax benefits are recognized in income tax expense. At June&nbsp;30, 2009 and December&nbsp;31, 2008 AIG had accrued $553&nbsp;million and $426&nbsp;million, respectively, for the payment of interest (net of the federal benefit) and penalties. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG continually evaluates adjustments proposed by taxing authorities. At June&nbsp;30, 2009, such proposed adjustments would not result in a material change to AIG&#146;s consolidated financial condition, although it is possible that the effect could be material to AIG&#146;s consolidated results of operations for an individual reporting period. Although it is reasonably possible that a change in the balance of unrecognized tax benefits may occur within the next twelve months, at this time it is not possible to estimate the range of the change due to the uncertainty of the potential outcomes. </DIV></BODY></HTML> 12.&nbsp;&nbsp; Federal Income Taxes &nbsp; Interim Period Tax Assumptions and Effective Tax Rates &nbsp; The U.S.&nbsp;federal income tax false false No definition available. No authoritative reference available. false false 1 2 false UnKnown UnKnown UnKnown false true XML 13 R12.xml IDEA: Variable Interest Entities 1.0.0.3 false Variable Interest Entities false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 2 0 aig_NotesToConsolidatedFinancialsAbstract aig false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false No definition available. false 3 1 us-gaap_ScheduleOfVariableInterestEntitiesTextBlock us-gaap true na duration string No definition available. false false false false false false false false false 1 false false 0 0 <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 159px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=159 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">6.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Variable Interest Entities</FONT></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>FIN&nbsp;46(R) provides guidance for determining when to consolidate certain entities in which equity investors do not have the characteristics of a controlling financial interest or do not have sufficient equity that is at risk to allow the entity to finance its activities without additional subordinated financial support. FIN&nbsp;46(R) recognizes that consolidation based on majority voting interest should not apply to these variable interest entities (VIEs). A VIE is consolidated by its primary beneficiary, which is the party or group of related parties that absorbs a majority of the expected losses of the VIE, receives the majority of the expected residual returns of the VIE, or both. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG generally determines whether it is the primary beneficiary or a significant interest holder based on a qualitative assessment of the VIE. This includes a review of the VIE&#146;s capital structure, contractual relationships and terms, nature of the VIE&#146;s operations and purpose, nature of the VIE&#146;s interests issued, and AIG&#146;s interests in the entity that either create or absorb variability. AIG evaluates the design of the VIE and the related risks the entity was designed to expose the variable interest holders to in evaluating consolidation. In limited cases, when it may be unclear from a qualitative standpoint if AIG is the primary beneficiary, AIG uses a quantitative analysis to calculate the probability weighted expected losses and probability weighted expected residual returns using cash flow modeling. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG&#146;s total off-balance sheet exposure associated with VIEs was $2.5&nbsp;billion and $3.3&nbsp;billion at June&nbsp;30, 2009 and December&nbsp;31, 2008, respectively. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents AIG&#146;s total assets, total liabilities and off-balance sheet exposure associated with its significant variable interests in consolidated VIEs:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="35%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Off-Balance<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>VIE Assets<I>*</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>VIE Liabilities</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>Sheet Exposure</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>December&nbsp;31,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>December&nbsp;31,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>December&nbsp;31,<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=22><B>(In billions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Real estate and investment funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5.0</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>5.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>3.0</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>3.1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>0.9</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>0.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Commercial paper conduit </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8.3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">CLOs/CDOs </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>0.1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Affordable housing partnerships </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2.7 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>0.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>0.5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>16.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>17.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>11.1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>11.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>0.9</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>0.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="1%"></TD> <TD width="1%"></TD> <TD width="98%"></TD></TR> <TR> <TD vAlign=top><I>* </I></TD> <TD></TD> <TD vAlign=bottom><I>Each of the VIE&#146;s assets can be used only to settle specific obligations of that VIE.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG defines a variable interest as significant relative to the materiality of its interest in the VIE. AIG calculates its maximum exposure to loss to be (i)&nbsp;the amount invested in the debt or equity of the VIE, (ii)&nbsp;the notional amount of VIE assets or liabilities where AIG has also provided credit protection to the VIE with the VIE as the referenced obligation, or (iii)&nbsp;other commitments and guarantees to the VIE. Interest holders in VIEs sponsored by AIG generally have recourse only to the assets and cash flows of the VIEs and do not have recourse to AIG, except in limited circumstances when AIG has provided a guarantee to the VIE&#146;s interest holders. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents total assets of unconsolidated VIEs in which AIG holds a significant variable interest or is a sponsor that holds a variable interest in a VIE, and AIG&#146;s maximum exposure to loss associated with these VIEs:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="42%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=18><B>Maximum Exposure to Loss</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>On-Balance Sheet</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Off-Balance Sheet</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Total<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Purchased<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Commitments<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>VIE<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>and Retained<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Assets</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Interests</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Other</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Guarantees</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Derivatives</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In billions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Real estate and investment funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>21.7</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>0.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1.4</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4.6 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">CLOs/CDOs </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>75.7</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5.1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>0.2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5.3 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Affordable housing partnerships </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1.1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1.1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1.1 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Maiden Lane Interests </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>37.8</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3.6 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other<I><SUP style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">*</SUP></I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>7.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>0.9</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>0.5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1.4 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>143.9</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>12.2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2.2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1.4</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>0.2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>16.0 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="42%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=18><B>Maximum Exposure to Loss</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>On-Balance Sheet</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Off-Balance Sheet</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Total<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Purchased<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Commitments<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>VIE<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>and Retained<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>and<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Assets</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Interests</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Other</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Guarantees</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Derivatives</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In billions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">December&nbsp;31, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Real estate and investment funds </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>23.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>0.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>4.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">CLOs/CDOs </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>95.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6.4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>6.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Affordable housing partnerships </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Maiden Lane Interests </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>46.4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other<I><SUP style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">*</SUP></I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8.7 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2.1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>175.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>15.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>0.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>20.3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="1%"></TD> <TD width="1%"></TD> <TD width="98%"></TD></TR> <TR> <TD vAlign=top align=right><I>* </I></TD> <TD></TD> <TD vAlign=bottom><I>Includes $1.2&nbsp;billion and $1.4&nbsp;billion of assets held in an unconsolidated structured investment vehicle (SIV) sponsored by AIGFP at June&nbsp;30, 2009 and December&nbsp;31, 2008, respectively. At June&nbsp;30, 2009 and December&nbsp;31, 2008, AIGFP&#146;s invested assets included $0.5&nbsp;billion and $0.6&nbsp;billion, respectively, of securities purchased under agreements to resell, commercial paper and medium-term and capital notes issued by this entity.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Balance Sheet Classification</FONT></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>AIG&#146;s interest in the assets and liabilities of consolidated and unconsolidated VIEs were classified on the Consolidated Balance Sheet as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="57%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Consolidated VIEs</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Unconsolidated VIEs</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>December&nbsp;31,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>December&nbsp;31,<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=14><B>(In billions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Assets: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Mortgage and other loans receivable </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>0.5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>0.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Available for sale securities* </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>0.1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>0.5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>0.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Trading securities* </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9.3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11.1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other invested assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3.5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4.3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3.1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other asset accounts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4.4</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4.2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1.3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right><B>16.6</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>17.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right><B>14.7</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>17.9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Liabilities: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">FRBNY commercial paper funding facility </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right><B>6.2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>6.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other long-term debt </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4.9</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>0.3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right><B>11.1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>11.6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right><B>0.3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="1%"></TD> <TD width="1%"></TD> <TD width="98%"></TD></TR> <TR> <TD vAlign=top align=right><I>* </I></TD> <TD></TD> <TD vAlign=bottom><I>During the second quarter of 2009, AIGFP&#146;s interests in certain VIEs for which it has elected the fair value option, previously reported in the table above as Available for sale securities, were reclassified to Trading securities to conform with the Consolidated Balance Sheet presentation. Prior period amounts were revised to conform to the current period presentation.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG enters into various arrangements with VIEs in the normal course of business. AIG&#146;s insurance companies are involved with VIEs primarily as passive investors in debt securities (rated and unrated) and equity interests issued by VIEs. Through its Financial Services and Asset Management operations, AIG has participated in arrangements with VIEs that included designing and structuring entities, warehousing and managing the collateral of the entities, and entering into insurance, credit and derivative transactions with the VIEs. AIG has also established trusts for the sole purpose of issuing mandatorily redeemable preferred stock totaling $1.3&nbsp;billion to investors. AIG has determined that the trusts are variable interest entities, but has not consolidated the VIEs as AIG is not the primary beneficiary and does not hold a variable interest in the VIEs. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>See Notes&nbsp;9 and 13 to the Consolidated Financial Statements in the 2008 Financial Statements for additional information on VIEs and liabilities connected to trust preferred stock, respectively. </DIV></BODY></HTML> 6.&nbsp;&nbsp; Variable Interest Entities &nbsp; FIN&nbsp;46(R) provides guidance for determining when to consolidate certain entities in which false false No definition available. 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No authoritative reference available. true 13 3 aig_UnrealizedMarketValuationLossesOnAigfp aig false debit duration monetary Unrealized market valuation losses on AIGFP super senior credit default swap portfolio false false false false false false false false false 1 false true 636000000 636 false false 2 false true -5565000000 -5565 false false 3 false true 184000000 184 false false 4 false true -14672000000 -14672 false false Unrealized market valuation losses on AIGFP super senior credit default swap portfolio No authoritative reference available. false 14 3 us-gaap_OtherIncome us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true 3634000000 3634 false false 2 false true 3116000000 3116 false false 3 false true 6543000000 6543 false false 4 false true 6717000000 6717 false false No definition available. No authoritative reference available. false 15 3 us-gaap_Revenues us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true 29525000000 29525 false false 2 false true 19933000000 19933 false false 3 false true 49983000000 49983 false false 4 false true 33964000000 33964 false false No definition available. No authoritative reference available. true 16 2 us-gaap_BenefitsLossesAndExpensesAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false 3 false false 0 0 false false 4 false false 0 0 false false No definition available. false 17 3 us-gaap_PolicyholderBenefitsAndClaimsIncurredNet us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 17273000000 17273 false false 2 false true 18450000000 18450 false false 3 false true 33316000000 33316 false false 4 false true 34332000000 34332 false false No definition available. No authoritative reference available. false 18 3 us-gaap_SellingGeneralAndAdministrativeExpense us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 5694000000 5694 false false 2 false true 6029000000 6029 false false 3 false true 10988000000 10988 false false 4 false true 11641000000 11641 false false No definition available. No authoritative reference available. false 19 3 us-gaap_InterestExpense us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 2600000000 2600 false false 2 false true 1333000000 1333 false false 3 false true 5445000000 5445 false false 4 false true 2605000000 2605 false false No definition available. No authoritative reference available. false 20 3 us-gaap_RestructuringSettlementAndImpairmentProvisions us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 343000000 343 false false 2 false false 0 0 false false 3 false true 705000000 705 false false 4 false false 0 0 false false No definition available. No authoritative reference available. false 21 3 us-gaap_OtherExpenses us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 2296000000 2296 false false 2 false true 2877000000 2877 false false 3 false true 4578000000 4578 false false 4 false true 5406000000 5406 false false No definition available. No authoritative reference available. false 22 3 us-gaap_BenefitsLossesAndExpenses us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 28206000000 28206 false false 2 false true 28689000000 28689 false false 3 false true 55032000000 55032 false false 4 false true 53984000000 53984 false false No definition available. No authoritative reference available. true 23 2 aig_IncomeLossFromContinuingOperationsBeforeIncomeTaxes aig false credit duration monetary Income before income taxes and minority interest. false false false false false false false false false 1 false true 1319000000 1319 false false 2 false true -8756000000 -8756 false false 3 false true -5049000000 -5049 false false 4 false true -20020000000 -20020 false false Income before income taxes and minority interest. No authoritative reference available. true 24 2 us-gaap_IncomeTaxExpenseBenefit us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true -526000000 -526 false false 2 false true -3357000000 -3357 false false 3 false true -1761000000 -1761 false false 4 false true -6894000000 -6894 false false No definition available. No authoritative reference available. false 25 2 us-gaap_ProfitLoss us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true 1845000000 1845 false false 2 false true -5399000000 -5399 false false 3 false true -3288000000 -3288 false false 4 false true -13126000000 -13126 false false No definition available. No authoritative reference available. true 26 2 us-gaap_NetIncomeLossAttributableToNoncontrollingInterest us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 23000000 23 false false 2 false true -42000000 -42 false false 3 false true -757000000 -757 false false 4 false true 36000000 36 false false No definition available. No authoritative reference available. false 27 2 us-gaap_NetIncomeLoss us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true 1822000000 1822 false false 2 false true -5357000000 -5357 false false 3 false true -2531000000 -2531 false false 4 false true -13162000000 -13162 false false No definition available. No authoritative reference available. true 28 2 us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 true true 311000000 311 false false 2 true true -5357000000 -5357 false false 3 true true -3826000000 -3826 false false 4 true true -13162000000 -13162 false false No definition available. No authoritative reference available. false 29 1 us-gaap_EarningsPerShareAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false 3 false false 0 0 false false 4 false false 0 0 false false No definition available. false 30 2 us-gaap_EarningsPerShareBasic us-gaap true na duration decimal No definition available. false false false false false false false false true 1 true true 2.30 2.30 false false 2 true true -41.13 -41.13 false false 3 true true -28.29 -28.29 false false 4 true true -102.24 -102.24 false false No definition available. No authoritative reference available. false 31 2 us-gaap_EarningsPerShareDiluted us-gaap true na duration decimal No definition available. false false false false false false false false true 1 true true 2.30 2.30 false false 2 true true -41.13 -41.13 false false 3 true true -28.29 -28.29 false false 4 true true -102.24 -102.24 false false No definition available. No authoritative reference available. false 32 1 us-gaap_CommonStockDividendsPerShareDeclared us-gaap true na duration decimal No definition available. false false false false false false false false true 1 false false 0 0 false false 2 true true 4.42 4.42 false false 3 false false 0 0 false false 4 true true 8.33 8.33 false false No definition available. No authoritative reference available. false 33 1 us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false 3 false false 0 0 false false 4 false false 0 0 false false No definition available. false 34 2 us-gaap_WeightedAverageNumberOfSharesOutstandingBasic us-gaap true na duration shares No definition available. false false false false false false false false false 1 false true 135281740000000 135281740 false false 2 false true 130248736000000 130248736 false false 3 false true 135267735000000 135267735 false false 4 false true 128732239000000 128732239 false false No definition available. No authoritative reference available. false 35 2 us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding us-gaap true na duration shares No definition available. false false false false false false false false false 1 false true 135336440000000 135336440 false false 2 false true 130248736000000 130248736 false false 3 false true 135267735000000 135267735 false false 4 false true 128732239000000 128732239 false false No definition available. No authoritative reference available. false false 4 32 false Millions Millions NoRounding false true XML 15 R14.xml IDEA: Total Equity and Earnings (Loss) Per Share 1.0.0.3 false Total Equity and Earnings (Loss) Per Share false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 2 0 aig_NotesToConsolidatedFinancialsAbstract aig false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false No definition available. false 3 1 aig_TotalEquityAndEarningsPerShareTextBlock aig false na duration string Disclosure related to equity and earnings per share. Disclosure related to accounts comprising shareholders' equity,... false false false false false false false false false 1 false false 0 0 <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 256px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=256 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">8.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Total Equity and Earnings (Loss) Per Share</FONT></B> </TD></TR></TBODY></TABLE><!-- XBRL,body --> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>Stock activity was as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="33%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="9%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=14><B>Preferred Stock</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Common<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Treasury<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>Six Months Ended June 30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Series E</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Series F</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Series C</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Series D</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Stock</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Stock</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Shares issued, beginning of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,000,000 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>147,401,900 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>12,918,446 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Issuances </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>300,000 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>100,000 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(110,804 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Shares exchanged </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>400,000 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(4,000,000 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Fractional shares, paid in cash </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(24,880 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Shares issued, end of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>400,000 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>300,000 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>100,000 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>147,377,020 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>12,807,642 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Preferred Stock</FONT></U></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Exchange of AIG Series&nbsp;D Preferred Stock for AIG Series&nbsp;E Preferred Stock</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On April&nbsp;17, 2009, AIG entered into a Securities Exchange Agreement (the Series&nbsp;E Exchange Agreement) with the Department of the Treasury pursuant to which, among other things, the Department of the Treasury exchanged 4,000,000&nbsp;shares of AIG&#146;s Series&nbsp;D Fixed Rate Cumulative Perpetual Preferred Stock, par value $5.00 per share (AIG Series&nbsp;D Preferred Stock), for 400,000&nbsp;shares of AIG&#146;s Series&nbsp;E Fixed Rate Non-Cumulative Perpetual Preferred Stock, par value $5.00 per share (AIG Series&nbsp;E Preferred Stock), with an aggregate liquidation preference of $41,604,576,000, which represents the issuance-date aggregate liquidation preference of the AIG Series&nbsp;D Preferred Stock surrendered plus accumulated but unpaid dividends thereon of $1,604,576,000. The terms of the AIG Series&nbsp;E Preferred Stock are substantially the same as those of the AIG Series&nbsp;D Preferred Stock, except that the dividends are not cumulative and the AIG Series&nbsp;E Preferred Stock is subject to a replacement capital covenant. Concurrently with the exchange of the shares of AIG Series&nbsp;D Preferred Stock for shares of the AIG Series&nbsp;E Preferred Stock, AIG entered into a replacement capital covenant in favor of the holders of a series of AIG debt, pursuant to which AIG agreed that prior to the third anniversary of the issuance of the AIG Series&nbsp;E Preferred Stock, AIG will not redeem or purchase, and no subsidiary of AIG will purchase, all or any part of the AIG Series&nbsp;E Preferred Stock except with the proceeds obtained from the issuance by AIG or any subsidiary of AIG of certain capital securities. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The Series&nbsp;E Exchange Agreement also permits the Department of the Treasury, under certain circumstances, to exchange the warrant (AIG Series&nbsp;D Warrant) received in connection with the issuance of AIG Series&nbsp;D Preferred Stock for 2,689,938.3&nbsp;shares of the AIG Series&nbsp;C Preferred Stock. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Issuance of AIG Series&nbsp;F Preferred Stock and Entry into $29.835 Billion Department of the Treasury Commitment</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On April&nbsp;17, 2009, AIG entered into a Securities Purchase Agreement (the Series&nbsp;F Purchase Agreement) with the Department of the Treasury pursuant to which, among other things, AIG issued to the Department of the Treasury (i)&nbsp;300,000&nbsp;shares of AIG&#146;s Series&nbsp;F Fixed Rate Non-Cumulative Perpetual Preferred Stock, par value $5.00 per share (AIG Series&nbsp;F Preferred Stock), and (ii)&nbsp;the warrant (AIG Series&nbsp;F Warrant) to purchase 150&nbsp;shares of AIG common stock, par value $2.50 per share (AIG Common Stock). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Pursuant to the Series&nbsp;F Purchase Agreement, the Department of the Treasury has committed for five years to provide immediately available funds (the Department of the Treasury Commitment) in an amount up to $29.835&nbsp;billion (the Available Amount) so long as: </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>AIG is not a debtor in a pending case under Title&nbsp;11 of the United States Code;&nbsp;and </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the Trust (or any successor entity established for the sole benefit of the United States Treasury) and the Department of the Treasury, in the aggregate, &#147;beneficially own&#148; more than 50&nbsp;percent of the aggregate voting power of AIG&#146;s voting securities. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The Available Amount will be decreased by the aggregate amount of financial assistance that the Department of the Treasury provides to AIG, its subsidiaries or any special purpose vehicle established by or for the benefit of AIG or any of its subsidiaries after the issuance of the AIG Series&nbsp;F Preferred Stock and the AIG Series&nbsp;F Warrant, unless otherwise specified by the Department of the Treasury, in its sole discretion, under the terms of such financial assistance. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The Series&nbsp;E Exchange Agreement and the Series&nbsp;F Purchase Agreement restrict AIG&#146;s ability to repurchase capital stock and require AIG to continue to maintain policies limiting corporate expenses, lobbying activities and executive compensation. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The terms of the AIG Series&nbsp;F Preferred Stock are substantially the same as the AIG Series&nbsp;E Preferred Stock, except that the AIG Series&nbsp;F Preferred Stock is not subject to a replacement capital covenant. The liquidation preference of the AIG Series&nbsp;F Preferred Stock was initially $0 per share and will be increased pro rata by the amount of each drawdown of the Department of the Treasury Commitment. On May&nbsp;13, 2009, AIG drew down on the Department of the Treasury Commitment in the amount of approximately $1.15&nbsp;billion. As a result, the liquidation preference of the AIG Series&nbsp;F Preferred Stock increased to $3,833.33 per share. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The AIG Series&nbsp;F Warrant is exercisable, at any time, at an initial exercise price of $0.000001 per share. The AIG Series&nbsp;F Warrant will not be subject to any contractual restrictions on transfer other than such as are necessary to ensure compliance with U.S.&nbsp;federal and state securities laws. The Department of the Treasury has agreed that it will not exercise any voting rights with respect to the AIG Common Stock issued upon exercise of the Series&nbsp;F Warrant. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Series&nbsp;C Perpetual, Convertible, Participating Preferred Stock</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On March&nbsp;4, 2009, AIG issued 100,000&nbsp;shares of AIG Series&nbsp;C Preferred Stock to the Trust. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The Trust currently holds the AIG Series&nbsp;C Preferred Stock for the sole benefit of the United States Treasury. The holders of the AIG Series&nbsp;C Preferred Stock have preferential liquidation rights over the holders of AIG Common Stock and, to the extent permitted by law, vote with the AIG Common Stock on all matters submitted to AIG&#146;s shareholders. The AIG Series&nbsp;C Preferred Stock is entitled to (i)&nbsp;a percentage of the voting power of AIG&#146;s shareholders entitled to vote on any particular matter and (ii)&nbsp;a percentage of the aggregate dividend rights of the outstanding shares of AIG Common Stock and the AIG Series&nbsp;C Preferred Stock, in each case, on an as converted basis, which percentage, when aggregated with the percentage representing the 2,690,088.3&nbsp;shares of AIG Common Stock underlying the warrants issued to the Department of the Treasury, any other securities convertible into or exchangeable for AIG Common Stock beneficially owned by the Department of the Treasury and any AIG Common Stock directly owned by the Department of the Treasury, represents approximately 79.9&nbsp;percent of each of such voting power and total dividends payable. A total of 2,690,088.3&nbsp;shares of AIG Common Stock underlie the AIG Series&nbsp;D Warrant and the AIG Series&nbsp;F Warrant. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Common Stock</FONT></U></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On June&nbsp;30, 2009 AIG&#146;s shareholders approved a <FONT style="WHITE-SPACE: nowrap">one-for-twenty</FONT> reverse common stock split, which became effective on that date. All references to common shares and per-share data for all periods presented in this report have been adjusted to give effect to this reverse split. As no change was made to the par value of the common shares, a total of $7.0&nbsp;billion was reclassified from common stock to additional paid-in capital. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Earnings (Loss) Per Share (EPS)</FONT></U></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Basic and diluted earnings (loss) per share are based on the weighted average number of common shares outstanding, adjusted to reflect all stock dividends and stock splits. Diluted earnings per share is based on those shares used in basic EPS plus shares that would have been outstanding assuming issuance of common shares for all dilutive potential common shares outstanding, adjusted to reflect all stock dividends and stock splits. Basic earnings (loss) per share is not affected by outstanding stock purchase contracts. Diluted earnings per share is determined considering the potential dilution from outstanding stock purchase contracts using the treasury stock method and will not be affected by outstanding stock purchase contracts until the applicable market value per share exceeds $912. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In connection with the issuance of the Series&nbsp;C Preferred Stock, AIG began applying the two-class method for calculating EPS. The two-class method is an earnings allocation method for computing EPS when a company&#146;s capital structure includes either two or more classes of common stock or common stock and participating securities. This method determines EPS based on dividends declared on common stock and participating securities (i.e., distributed earnings) as well as participation rights of participating securities in any undistributed earnings. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The computation of basic and diluted EPS was as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="44%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="10%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="2%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="10%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="2%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="10%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="2%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="10%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Three Months Ended June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Six Months Ended June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=14><B>(Dollars in millions, except per share data)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Numerator for EPS:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net income (loss) attributable to AIG </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,822</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,357 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(2,531</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(13,162 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Cumulative dividends on AIG Series&nbsp;D Preferred Stock </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(192</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,204</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Deemed dividend to Series&nbsp;D Preferred Stock exchanged for Series&nbsp;E Preferred Stock </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(91</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(91</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Undistributed earnings allocated to Series&nbsp;C Preferred Stock </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,228</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net income (loss) attributable to AIG common shareholders </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>311</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,357 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(3,826</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(13,162 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Denominator for EPS:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Weighted average shares outstanding used in the computation of EPS attributable to AIG: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Common stock issued </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>147,395,680</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>142,484,137 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>147,398,346</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>140,376,524 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Common stock in treasury </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(12,834,767</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(12,915,573 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(12,855,213</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(12,324,457 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Deferred shares </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>720,827</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>680,172 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>724,602</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>680,172 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Weighted average shares outstanding&nbsp;&#151; basic </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>135,281,740</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>130,248,736 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>135,267,735</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>128,732,239 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Incremental shares arising from awards outstanding under share-based employee compensation plans </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>54,700</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Weighted average shares outstanding&nbsp;&#151; diluted* </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>135,336,440</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>130,248,736 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>135,267,735</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>128,732,239 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>EPS attributable to AIG:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Basic </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2.30</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(41.13 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(28.29</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(102.24 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=top noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Diluted </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2.30</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(41.13 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(28.29</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(102.24 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="1%"></TD> <TD width="1%"></TD> <TD width="98%"></TD></TR> <TR> <TD vAlign=top align=left><I>* </I></TD> <TD></TD> <TD vAlign=bottom><I>Calculated using the treasury stock method. Certain shares arising from share-based employee compensation plans and the AIG Series&nbsp;D Warrant were not included in the computation of diluted EPS because the effect would have been anti-dilutive. The number of shares excluded were 12&nbsp;million and 10&nbsp;million for the three-month periods ended June&nbsp;30, 2009 and 2008, respectively, and 12&nbsp;million and 6&nbsp;million for the six-month periods ended June&nbsp;30, 2009 and 2008, respectively.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV></BODY></HTML> 8.&nbsp;&nbsp; Total Equity and Earnings (Loss) Per Share &nbsp; Stock activity was as follows: &nbsp; &nbsp; &nbsp; &nbsp; false false Disclosure related to equity and earnings per share. Disclosure related to accounts comprising shareholders' equity, including other comprehensive income. Includes: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and pe r share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables; effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure. This element may be used to capture the complete disclosure pertaining to an entity's earnings per share. No authoritative reference available. false false 1 2 false UnKnown UnKnown UnKnown false true XML 16 R15.xml IDEA: Ownership and Transactions with Related Parties 1.0.0.3 false Ownership and Transactions with Related Parties false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 2 0 aig_NotesToConsolidatedFinancialsAbstract aig false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false No definition available. false 3 1 us-gaap_RelatedPartyTransactionsDisclosureTextBlock us-gaap true na duration string No definition available. false false false false false false false false false 1 false false 0 0 <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 295px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=295 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">9.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Ownership and Transactions With Related Parties</FONT></B> </TD></TR></TBODY></TABLE><!-- XBRL,body --> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>(a)&nbsp;Ownership:</I>&nbsp;&nbsp;According to the Schedule&nbsp;13D filed on June&nbsp;5, 2009 by Maurice&nbsp;R. Greenberg, Edward&nbsp;E. Matthews, Starr International Company, Inc. (Starr International), C.V. Starr&nbsp;&amp; Co. (CV Starr), Inc., Universal Foundation, Inc. (Universal Foundation), The Maurice&nbsp;R. and Corinne&nbsp;P. Greenberg Family Foundation, Inc., Maurice&nbsp;R. and Corinne&nbsp;P. Greenberg Joint Tenancy Company, LLC and C.V. Starr&nbsp;&amp; Co., Inc. Trust. Mr.&nbsp;Greenberg, Mr.&nbsp;Matthews, Starr International, CV Starr and Universal Foundation could be deemed to beneficially own 14,146,455&nbsp;shares of AIG&#146;s common stock at that date. Based on the shares of AIG&#146;s common stock outstanding at July&nbsp;31, 2009, this ownership would represent approximately 10.5&nbsp;percent of the common stock of AIG. Although these reporting persons may have made filings under Section&nbsp;16 of the Securities Exchange Act of 1934 (the Exchange Act), reporting sales of shares of common stock, no amendment to the Schedule&nbsp;13D has been filed to report a change in ownership subsequent to June&nbsp;5, 2009. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>(b)&nbsp;Reinsurance:</I>&nbsp;&nbsp;Following its deconsolidation, Transatlantic is considered a related party due to AIG&#146;s ownership of 13.9&nbsp;percent of Transatlantic&#146;s common stock outstanding. At June&nbsp;30, 2009 AIG&#146;s credit exposure to Transatlantic in the form of uncollateralized reinsurance assets totaled approximately $1.5&nbsp;billion. At June&nbsp;30, 2009, Transatlantic represented AIG&#146;s largest third-party reinsurer. Transatlantic&#146;s core operating subsidiaries have financial strength ratings of A+ by S&amp;P and A by A.M.&nbsp;Best; the issuer credit rating is &#147;a&#148; by A.M.&nbsp;Best. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>(c)&nbsp;</I>For discussion of the AIG Series&nbsp;C Preferred Stock and the ownership by the Trust, see Note&nbsp;8 herein.</DIV></BODY></HTML> 9.&nbsp;&nbsp; Ownership and Transactions With Related Parties &nbsp; (a)&nbsp;Ownership:&nbsp;&nbsp;According to the Schedule&nbsp;13D filed on false false No definition available. 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stock, at cost us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_TreasuryStockMember us-gaap_StatementEquityComponentsAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 false 8 $ true false false false Additional paid-in capital us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_AdditionalPaidInCapitalMember us-gaap_StatementEquityComponentsAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 false 9 $ true false false false Accumulated deficit us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_RetainedEarningsMember us-gaap_StatementEquityComponentsAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 false 10 $ true false false false Accumulated deficit us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_RetainedEarningsMember us-gaap_StatementEquityComponentsAxis explicitMember false false Balance, as previously reported us-gaap_StatementScenarioAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_ScenarioPreviouslyReportedMember us-gaap_StatementScenarioAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 false 11 $ true false false false Accumulated deficit us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_RetainedEarningsMember us-gaap_StatementEquityComponentsAxis explicitMember false false Adjusted balance us-gaap_StatementScenarioAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_ScenarioAdjustmentMember us-gaap_StatementScenarioAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 false 12 $ true false false false Accumulated other comprehensive loss us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_AccumulatedOtherComprehensiveIncomeMember us-gaap_StatementEquityComponentsAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 false 13 $ true false false false Unrealized appreciation (depreciation) of fixed maturity investments on which other-than-temporary credit impairments were taken us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi aig_AccumulatedNetUnrealizedGainLossOfFixedMaturityInvestmentsOnWhichOtherThanTemporaryImpairmentsWereTakenNetOfTaxMember us-gaap_StatementEquityComponentsAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 false 14 $ true false false false Unrealized appreciation (depreciation) of all other investments us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi aig_AccumulatedNetUnrealizedGainLossOfAllInvestmentsOtherThanInvestmentsOnWhichTemporaryImpairmentsWereTakenNetOfTaxMember us-gaap_StatementEquityComponentsAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 false 15 $ true false false false Foreign currency translation adjustments us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_AccumulatedTranslationAdjustmentMember us-gaap_StatementEquityComponentsAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 false 16 $ true false false false Net derivative gains (losses) arising from cash flow hedging activities us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember us-gaap_StatementEquityComponentsAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 false 17 $ true false false false Retirement plan liabilities adjustment us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember us-gaap_StatementEquityComponentsAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 false 18 $ true false false false Noncontrolling interest us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_NoncontrollingInterestMember us-gaap_StatementEquityComponentsAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 false 19 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 6 4 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest us-gaap true credit instant monetary No definition available. false false false true false false true false false 1 false false 0 0 false false 2 true true 0 0 true false 3 true true 0 0 true false 4 true true 0 0 true false 5 true true 20000000 20 true false 6 true true 368000000 368 true false 7 true true -8450000000 -8450 true false 8 true true 79468000000 79468 true false 9 false false 0 0 false false 10 true true -12368000000 -12368 true false 11 true true -12353000000 -12353 true false 12 false false 0 0 false false 13 true true -599000000 -599 true false 14 true true -3853000000 -3853 true false 15 true true -187000000 -187 true false 16 true true -191000000 -191 true false 17 true true -1498000000 -1498 true false 18 true true 8095000000 8095 true false 19 true true 60805000000 60805 false false No definition available. No authoritative reference available. false 5 3 us-gaap_IncreaseDecreaseInStockholdersEquityRollForward us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false 3 false false 0 0 false false 4 false false 0 0 false false 5 false false 0 0 false false 6 false false 0 0 false false 7 false false 0 0 false false 8 false false 0 0 false false 9 false false 0 0 true false 10 false false 0 0 false false 11 false false 0 0 true false 12 false false 0 0 false false 13 false false 0 0 false false 14 false false 0 0 false false 15 false false 0 0 false false 16 false false 0 0 false false 17 false false 0 0 false false 18 false false 0 0 false false 19 false false 0 0 false false No definition available. false 7 4 us-gaap_CumulativeEffectOfInitialAdoptionOfNewAccountingPrinciple us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 false false 2 false false 0 0 false false 3 false false 0 0 false false 4 false false 0 0 false false 5 false false 0 0 false false 6 false false 0 0 false false 7 false false 0 0 false false 8 false false 0 0 false false 9 false false 0 0 true false 10 false false 0 0 false false 11 false true 15000000 15 true false 12 false false 0 0 false false 13 false false 0 0 false false 14 false false 0 0 false false 15 false false 0 0 false false 16 false false 0 0 false false 17 false false 0 0 false false 18 false false 0 0 false false 19 false false 0 0 false false No definition available. No authoritative reference available. false 8 4 us-gaap_ProfitLoss us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 false false 2 false false 0 0 false false 3 false false 0 0 false false 4 false false 0 0 false false 5 false false 0 0 false false 6 false false 0 0 false false 7 false false 0 0 false false 8 false false 0 0 false false 9 false true -4353000000 -4353 true false 10 false false 0 0 false false 11 false false 0 0 true false 12 false false 0 0 false false 13 false false 0 0 false false 14 false false 0 0 false false 15 false false 0 0 false false 16 false false 0 0 false false 17 false false 0 0 false false 18 false false 0 0 false false 19 false false 0 0 false false No definition available. No authoritative reference available. false 31 4 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest us-gaap true credit instant monetary No definition available. false false false true false false false true false 1 false false 0 0 false false 2 false false 0 0 false false 3 false false 0 0 false false 4 false false 0 0 false false 5 false false 0 0 false false 6 false false 0 0 false false 7 false false 0 0 false false 8 false false 0 0 false false 9 false true -16706000000 -16706 true false 10 false false 0 0 false false 11 false true -4895000000 -4895 true false 12 false false 0 0 false false 13 false false 0 0 false false 14 false false 0 0 false false 15 false false 0 0 false false 16 false false 0 0 false false 17 false false 0 0 false false 18 false false 0 0 false false 19 false false 0 0 false false No definition available. No authoritative reference available. false 6 4 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest us-gaap true credit instant monetary No definition available. false false false true false false true false false 1 false false 0 0 false false 2 false true 0 0 true false 3 false true 0 0 true false 4 false true 0 0 true false 5 false true 20000000 20 true false 6 false true 368000000 368 true false 7 false true -8450000000 -8450 true false 8 false true 79468000000 79468 true false 9 false false 0 0 false false 10 false true -12368000000 -12368 true false 11 false true -12353000000 -12353 true false 12 false false 0 0 false false 13 false true -599000000 -599 true false 14 false true -3853000000 -3853 true false 15 false true -187000000 -187 true false 16 false true -191000000 -191 true false 17 false true -1498000000 -1498 true false 18 false true 8095000000 8095 true false 19 false true 60805000000 60805 false false No definition available. No authoritative reference available. false 5 3 us-gaap_IncreaseDecreaseInStockholdersEquityRollForward us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false false 0 0 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false false 0 0 true false 18 false false 0 0 true false 19 false false 0 0 false false No definition available. false 8 4 us-gaap_ProfitLoss us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false false 0 0 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false false 0 0 true false 18 false true -935000000 -935 [1] true false 19 false true -3288000000 -3288 false false No definition available. No authoritative reference available. false 9 4 aig_CumulativeEffectOfAdoptionOfAccountingPrincipleDuringInterimPeriod aig false credit duration monetary Cumulative effect of initial adoption of new accounting principle on retained earnings, net of taxes, when the adoption takes... false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false true -2537000000 -2537 true false 14 false true -6811000000 -6811 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false false 0 0 true false 18 false false 0 0 true false 19 false false 0 0 false false Cumulative effect of initial adoption of new accounting principle on retained earnings, net of taxes, when the adoption takes place during an interim period (other than at the beginning of a fiscal year). No authoritative reference available. false 10 4 us-gaap_StockIssuedDuringPeriodValueNewIssues us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false true 2000000 2 true false 3 false true 1000000 1 true false 4 false true 1000000 1 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false true 1000000000 1000 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false false 0 0 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false false 0 0 true false 18 false false 0 0 true false 19 false false 0 0 false false No definition available. No authoritative reference available. false 11 4 aig_ExchangeOfSeriesDPreferredStockForSeriesEPreferredStock aig false credit duration monetary Exchange of Series D Preferred Stock for Series E Preferred Stock. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false true -20000000 -20 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false false 0 0 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false false 0 0 true false 18 false false 0 0 true false 19 false false 0 0 false false Exchange of Series D Preferred Stock for Series E Preferred Stock. No authoritative reference available. false 12 4 us-gaap_StockIssuedDuringPeriodValueTreasuryStockReissued us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false true 136000000 136 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false false 0 0 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false false 0 0 true false 18 false false 0 0 true false 19 false false 0 0 false false No definition available. No authoritative reference available. false 13 4 aig_AdjustmentToAdditionalPaidInCapitalReclassificationOfWarrantsUponAdoptionOfNewAccountingPrinciple aig false debit duration monetary Adjustment to additional paid-in capital for the reclassification of warrants upon adoption of a new accounting principle. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false true -91000000 -91 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false false 0 0 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false false 0 0 true false 18 false false 0 0 true false 19 false false 0 0 false false Adjustment to additional paid-in capital for the reclassification of warrants upon adoption of a new accounting principle. No authoritative reference available. false 14 4 aig_ExcessOfCostOverProceedsOfCommonStockIssuedUnderStockPlans aig false credit duration monetary Excess of cost over proceeds of stock issued during the period related to share based compensation plans. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false true -136000000 -136 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false false 0 0 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false false 0 0 true false 18 false false 0 0 true false 19 false false 0 0 false false Excess of cost over proceeds of stock issued during the period related to share based compensation plans. No authoritative reference available. false 15 4 aig_AdjustmentsToAdditionalPaidInCapitalOther aig false credit duration monetary Represents changes in Additional paid in capital not otherwise specified in the taxonomy. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false true 18000000 18 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false false 0 0 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false false 0 0 true false 18 false false 0 0 true false 19 false false 0 0 false false Represents changes in Additional paid in capital not otherwise specified in the taxonomy. No authoritative reference available. false 16 4 aig_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnFixedMaturityInvestmentsOnWhichOtherThanTemporaryImpairmentsWereTakenBeforeTaxes aig false credit duration monetary Gross appreciation or the gross loss in value of the total of unsold fixed maturity investments which had been determined to... false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false true 1111000000 1111 true false 14 false false 0 0 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false false 0 0 true false 18 false false 0 0 true false 19 false true 1112000000 1112 false false Gross appreciation or the gross loss in value of the total of unsold fixed maturity investments which had been determined to have had an other than temporary decline in fair value below its amortized cost basis at the end of an accounting period, net of reclassification adjustments. No authoritative reference available. false 17 4 aig_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnFixedMaturityInvestmentsOnWhichOtherThanTemporaryImpairmentsWereTakenTaxes aig false debit duration monetary Tax effect of the gross appreciation or the gross loss, net of reclassification adjustment, in the change in value of fixed... false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false true -450000000 -450 true false 14 false false 0 0 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false false 0 0 true false 18 false false 0 0 true false 19 false true -450000000 -450 false false Tax effect of the gross appreciation or the gross loss, net of reclassification adjustment, in the change in value of fixed maturity investments which had been determined to have had an other than temporary decline in fair value below its amortized cost basis during the period. No authoritative reference available. false 18 4 aig_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAllInvestmentsOtherThanInvestmentsOnWhichOtherThanTemporaryImpairmentsWereTakenBeforeTaxes aig false credit duration monetary Gross appreciation or the gross loss in value of the total of unsold fixed maturity investments other than investments which... false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false true 5496000000 5496 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false false 0 0 true false 18 false false 0 0 true false 19 false true 5585000000 5585 false false Gross appreciation or the gross loss in value of the total of unsold fixed maturity investments other than investments which had been determined to have had an other than temporary decline in fair value below its amortized cost basis at the end of an accounting period, net of reclassification adjustments. No authoritative reference available. false 19 4 aig_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAllInvestmentsOtherThanInvestmentsOnWhichOtherThanTemporaryImpairmentsWereTakenTaxes aig false debit duration monetary Tax effect of the gross appreciation or the gross loss, net of reclassification adjustment, in the change in value of fixed... false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false true -2471000000 -2471 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false false 0 0 true false 18 false false 0 0 true false 19 false true -2471000000 -2471 false false Tax effect of the gross appreciation or the gross loss, net of reclassification adjustment, in the change in value of fixed maturity investments other than investments on which it had been determined to have had an other than temporary decline in fair value below its amortized cost basis during the period. No authoritative reference available. false 20 4 us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPeriodIncreaseDecrease us-gaap true na duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false false 0 0 true false 15 false true 1002000000 1002 true false 16 false false 0 0 true false 17 false false 0 0 true false 18 false false 0 0 true false 19 false true 995000000 995 false false No definition available. No authoritative reference available. false 21 4 us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTax us-gaap true na duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false false 0 0 true false 15 false true -409000000 -409 true false 16 false false 0 0 true false 17 false false 0 0 true false 18 false false 0 0 true false 19 false true -409000000 -409 false false No definition available. No authoritative reference available. false 22 4 us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPeriodIncreaseDecrease us-gaap true na duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false false 0 0 true false 15 false false 0 0 true false 16 false true 71000000 71 true false 17 false false 0 0 true false 18 false false 0 0 true false 19 false true 71000000 71 false false No definition available. No authoritative reference available. false 23 4 us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxEffectPeriodIncreaseDecrease us-gaap true na duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false false 0 0 true false 15 false false 0 0 true false 16 false true -21000000 -21 true false 17 false false 0 0 true false 18 false false 0 0 true false 19 false true -21000000 -21 false false No definition available. No authoritative reference available. false 24 4 us-gaap_OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostBeforeTax us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false false 0 0 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false true 97000000 97 true false 18 false false 0 0 true false 19 false false 0 0 false false No definition available. No authoritative reference available. false 25 4 us-gaap_OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostCreditRecognizedInNetPeriodicBenefitCostBeforeTax us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false false 0 0 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false true -6000000 -6 true false 18 false false 0 0 true false 19 false false 0 0 false false No definition available. No authoritative reference available. false 26 4 us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansTax us-gaap true na duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false false 0 0 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false true -30000000 -30 true false 18 false false 0 0 true false 19 false true -30000000 -30 false false No definition available. No authoritative reference available. false 27 4 us-gaap_ProceedsFromMinorityShareholders us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false false 0 0 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false false 0 0 true false 18 false true 475000000 475 true false 19 false true -463000000 -463 false false No definition available. No authoritative reference available. false 28 4 us-gaap_PaymentsToMinorityShareholders us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false false 0 0 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false false 0 0 true false 18 false true -264000000 -264 true false 19 false true -264000000 -264 false false No definition available. No authoritative reference available. false 29 4 aig_NoncontrollingInterestNetDecreaseDueToDeconsolidation aig false debit duration monetary The net decrease in noncontrolling interest due to deconsolidation of a subsidiary. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 true false 9 false false 0 0 false false 10 false false 0 0 false false 11 false false 0 0 false false 12 false false 0 0 true false 13 false false 0 0 true false 14 false false 0 0 true false 15 false false 0 0 true false 16 false false 0 0 true false 17 false false 0 0 true false 18 false true -3306000000 -3306 true false 19 false false 0 0 false false The net decrease in noncontrolling interest due to deconsolidation of a subsidiary. 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No authoritative reference available. false 1 A net gain of $178 million was recognized in the six-month period ended June 30, 2009 associated with redeemable noncontrolling interests (not reflected above). false 19 36 false Millions UnKnown UnKnown false true XML 19 R16.xml IDEA: Commitments, Contingencies and Guarantees 1.0.0.3 false Commitments, Contingencies and Guarantees false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 2 0 aig_NotesToConsolidatedFinancialsAbstract aig false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false No definition available. false 3 1 us-gaap_CommitmentsAndContingenciesDisclosureTextBlock us-gaap true na duration string No definition available. false false false false false false false false false 1 false false 0 0 <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 274px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=274 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">10.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Commitments, Contingencies and Guarantees</FONT></B> </TD></TR></TBODY></TABLE><!-- XBRL,body --> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: Arial, Helvetica" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="96%"></TD></TR> <TR vAlign=top> <TD><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">(a)&nbsp;&nbsp;</FONT></I></B> </TD> <TD><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Litigation and Investigations</FONT></I></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Litigation Arising from Operations.</I>&nbsp;&nbsp;AIG and its subsidiaries, in common with the insurance and financial services industries in general, are subject to litigation, including claims for punitive damages, in the normal course of their business. In AIG&#146;s insurance operations, litigation arising from claims settlement activities is generally considered in the establishment of AIG&#146;s liability for unpaid claims and claims adjustment expense. However, the potential for increasing jury awards and settlements makes it difficult to assess the ultimate outcome of such litigation. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Various federal, state and foreign regulatory and governmental agencies are reviewing certain public disclosures, transactions and practices of AIG and its subsidiaries in connection with AIG&#146;s liquidity problems and industry-wide and other inquiries including matters relating to compensation paid to AIGFP employees and payments made to AIGFP counterparties. These reviews include ongoing investigations by the U.S.&nbsp;Securities and Exchange Commission (SEC) and U.S.&nbsp;Department of Justice (DOJ) with respect to the valuation of AIGFP&#146;s multi-sector CDO super senior credit default swap portfolio under fair value accounting rules and disclosures relating thereto, and by the U.K. Serious Fraud Office with respect to the U.K. operations of AIGFP. AIG has cooperated, and will continue to cooperate, in producing documents and other information in response to subpoenas and other requests. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In connection with certain SEC investigations, AIG understands that some of its employees have received Wells notices and it is possible that additional current and former employees could receive similar notices in the future. Under SEC procedures, a Wells notice is an indication that the SEC staff has made a preliminary decision to recommend enforcement action that provides recipients with an opportunity to respond to the SEC staff before a formal recommendation is finalized. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Although AIG cannot currently quantify its ultimate liability for the unresolved litigation and investigation matters referred to below, it is possible that such liability could have a material adverse effect on AIG&#146;s consolidated financial condition, or its consolidated results of operations or consolidated cash flow for an individual reporting period. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Litigation Relating to AIG&#146;s Subprime Exposure and AIGFP&#146;s Employee Retention Plan</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Securities Actions&nbsp;&#151; Southern District of New York.</I>&nbsp;&nbsp;Between May&nbsp;21, 2008 and January&nbsp;15, 2009, eight purported securities class action complaints were filed against AIG and certain of its current and former officers and directors, AIG&#146;s outside auditors, and the underwriters of various securities offerings in the United States District Court for the Southern District of New York (the Southern District of New York), alleging claims under the Exchange Act or claims under the Securities Act of 1933 (the Securities Act). On March&nbsp;20, 2009, the Court consolidated all eight of the purported securities class actions as In re American International Group, Inc. 2008 Securities Litigation (the Consolidated 2008 Securities Litigation) and appointed the State of Michigan Retirement Systems as lead plaintiff. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On May&nbsp;19, 2009, lead plaintiff in the Consolidated 2008 Securities Litigation filed a consolidated complaint on behalf of purchasers of AIG stock during the alleged class period of March&nbsp;16, 2006 through September&nbsp;16, 2008, and on behalf of purchasers of various AIG securities offered pursuant to three shelf registration statements filed on June&nbsp;12, 2003, June&nbsp;12, 2007, and May&nbsp;12, 2008. The consolidated complaint alleges that defendants made statements during the class period in press releases, AIG&#146;s quarterly and year-end filings, during conference calls and in various registration statements and prospectuses in connection with the various offerings that were materially false and misleading and that artificially inflated the price of AIG&#146;s stock. The alleged false and misleading statements relate to, among other things, unrealized market valuation losses on AIGFP&#146;s super senior credit default swap portfolio as a result of severe credit market disruption and AIG&#146;s securities lending program. The consolidated complaint alleges violations of Sections&nbsp;10(b) and 20(a) of the Exchange Act and Sections&nbsp;11, 12(a)(2), and 15 of the Securities Act. On August&nbsp;5, 2009, defendants filed motions to dismiss the consolidated complaint. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On February&nbsp;27, 2009, AIG&#146;s former Chairman and Chief Executive Officer, Maurice R. Greenberg, filed a securities action in the Southern District of New York against AIG and certain of its current and former officers and directors, asserting violations of Sections&nbsp;10(b) and 20(a) of the Exchange Act and a state common law fraud claim with respect to his alleged election in December 2007 to receive certain AIG shares from a deferred compensation program, and based generally on the same allegations as in the securities class actions described above. On May&nbsp;19, 2009, plaintiff Greenberg filed an amended complaint. The amended complaint in the Greenberg litigation asserts the same claims and is based generally on the same factual allegations as the original complaint. On August&nbsp;5, 2009, defendants filed motions to dismiss the amended complaint. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>ERISA Actions&nbsp;&#151; Southern District of New York.</I>&nbsp;&nbsp;Between June&nbsp;25, 2008, and November&nbsp;25, 2008, AIG, certain of its executive officers and directors, and members of AIG&#146;s Retirement Board and Investment Committee were named as defendants in eight purported class action complaints asserting claims on behalf of participants in certain pension plans sponsored by AIG or its subsidiaries. On March&nbsp;19, 2009, the Court consolidated these eight actions as In re American International Group, Inc. ERISA Litigation II, and appointed interim lead plaintiffs&#146; counsel. On June&nbsp;26, 2009, lead plaintiffs&#146; counsel filed a consolidated amended complaint. The action purports to be brought as a class action under the Employee Retirement Income Security Act of 1974, as amended (ERISA), on behalf of all participants in or beneficiaries of the AIG Incentive Savings Plan, American General Agents&#146; and Managers&#146; Plan, and the CommoLoCo Plan (the Plans) during the period June&nbsp;15, 2007 through the present and whose participant accounts included shares of AIG&#146;s common stock. In the consolidated amended complaint, plaintiffs allege, among other things, that the defendants breached their fiduciary responsibilities to Plan participants and their beneficiaries under ERISA, by continuing to offer the AIG Stock Fund as an investment option in the Plans after it allegedly became imprudent to do so. The alleged ERISA violations relate to, among other things, the defendants&#146; purported failure to monitor <FONT style="WHITE-SPACE: nowrap">and/or</FONT> disclose unrealized market valuation losses on AIGFP&#146;s super senior credit default swap portfolio as a result of severe credit market disruption. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Derivative Action&nbsp;&#151; Southern District of New York.</I>&nbsp;&nbsp;On November&nbsp;20, 2007, two purported shareholder derivative actions were filed in the Southern District of New York naming as defendants the then current directors of AIG and certain senior officers of AIG and its subsidiaries. The actions were consolidated as In re American International Group, Inc. 2007 Derivative Litigation (the Consolidated 2007 Derivative Litigation). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On August&nbsp;6, 2008, a purported shareholder derivative action was filed in the Southern District of New York asserting claims on behalf of AIG based generally on the same allegations as in the consolidated amended complaint in the Consolidated 2007 Derivative Litigation. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On February&nbsp;11, 2009, the Court approved a stipulation consolidating the derivative litigation filed on August&nbsp;6, 2008 with the Consolidated 2007 Derivative Litigation, and appointing the Louisiana Municipal Police Employees&#146; Retirement System as lead plaintiff. On June&nbsp;3, 2009, lead plaintiffs filed a consolidated amended complaint asserting claims on behalf of nominal defendant AIG for breach of fiduciary duty, waste of corporate assets, unjust enrichment, contribution and violations of Sections&nbsp;10(b) and 20(a) of the Exchange Act. The factual allegations are generally the same as those alleged in the Consolidated 2008 Securities Litigation. On August&nbsp;5, 2009, defendants filed motions to dismiss the consolidated complaint. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Derivative and Class&nbsp;Action&nbsp;&#151; Central District of California.</I>&nbsp;&nbsp;On March&nbsp;26, 2009, a purported derivative and class action complaint was filed in the United States District Court for the Central District of California purporting to assert claims on behalf of nominal defendant AIG and its shareholders against certain current and former officers and directors of AIG. The claims relate to losses suffered by AIG and its shareholders as a result of AIG&#146;s alleged exposure to risks related to the subprime mortgage market in its credit default swap portfolio, and to AIGFP employee retention arrangements. Plaintiffs also allege that defendants misrepresented and omitted material facts during the alleged class period, December&nbsp;8, 2000 to the present, relating to AIG&#146;s consolidated financial condition regarding the true size and scope and the nature of AIG&#146;s exposure to risk. The complaint alleges claims for breach of fiduciary duty, gross mismanagement, waste of corporate assets, unjust enrichment and violations of Section&nbsp;14(e) of the Exchange Act of 1934. On May&nbsp;15, 2009, defendants moved to stay, dismiss or transfer the action. On June&nbsp;5, 2009, the Court granted the motion and ordered the action transferred to the Southern District of New York for consolidation with the consolidated federal actions. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Derivative Action&nbsp;&#151; Supreme Court of New York, Nassau County.</I>&nbsp;&nbsp;On February&nbsp;29, 2008, a purported shareholder derivative complaint was filed in the Supreme Court of Nassau County naming as defendants the then-current directors of AIG and certain former and present senior officers of AIG and its subsidiaries. Plaintiff asserts claims for breach of fiduciary duty, waste of corporate assets, and unjust enrichment in connection with AIG&#146;s public disclosures regarding its exposure to what the complaint describes as the subprime mortgage market. On May&nbsp;19, 2008, defendants filed a motion to dismiss or to stay the proceedings in light of the pending Consolidated 2007 Derivative Litigation. On March&nbsp;9, 2009, the Court granted defendants&#146; motion to stay the action. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Derivative Action&nbsp;&#151; Supreme Court of New York, New York County.</I>&nbsp;&nbsp;On March&nbsp;20, 2009, a purported shareholder derivative complaint was filed in the Supreme Court of New York County naming as defendants certain of the current directors of AIG and the recipients of payments under the AIGFP Employee Retention Plan. Plaintiffs assert claims on behalf of nominal defendant AIG for breach of fiduciary duty and waste of corporate assets against the directors, and for rescission and constructive trust against the recipients of payments under the AIGFP Employee Retention Plan. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Derivative Actions&nbsp;&#151; Delaware Court of Chancery.</I>&nbsp;&nbsp;On September&nbsp;17, 2008, a purported shareholder derivative complaint was filed in the Court of Chancery of Delaware naming as defendants certain former and present directors and senior officers of AIG and its subsidiaries. Plaintiff asserts claims on behalf of nominal defendant AIG for breach of fiduciary duty, waste of corporate assets, and mismanagement in connection with AIG&#146;s public disclosures regarding its exposure to the subprime lending market. On December&nbsp;19, 2008, a motion to stay or dismiss the action was filed on behalf of defendants. On July&nbsp;17, 2009, the Court granted defendants&#146; motion to stay the action. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On January&nbsp;15, 2009, a purported shareholder derivative complaint was filed in the Court of Chancery of Delaware naming as defendants certain former and present directors of AIG and Joseph Cassano, the former Chief Executive Officer of AIGFP, and asserting claims on behalf of nominal defendant AIGFP. As sole shareholder of AIGFP, AIG was also named as a nominal defendant. Plaintiff asserts claims against Joseph Cassano for breach of fiduciary duty and unjust enrichment. The complaint alleges that Cassano was responsible for losses suffered by AIGFP related to its exposure to subprime-backed credit default swaps and collateralized debt obligations and that he concealed these losses for his own benefit. On July&nbsp;17, 2009, plaintiff filed an amended complaint that asserts the same claims and is based generally on the same factual allegations as the original complaint. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Derivative Action&nbsp;&#151; Superior Court for the State of California, Los Angeles County.</I>&nbsp;&nbsp;On April&nbsp;1, 2009, a purported shareholder derivative complaint was filed in the Superior Court for the State of California, Los Angeles County, asserting claims on behalf of nominal defendant AIG against certain officers and directors of AIG. The complaint asserts claims for waste of corporate assets, breach of fiduciary duty, abuse of control, and unjust enrichment and constructive trust in connection with defendants&#146; approval of bonuses and retention payments. On May&nbsp;29, 2009, Defendants moved to stay or dismiss the case in favor of the Consolidated 2007 Derivative Litigation and to quash service of summons due to lack of personal jurisdiction over certain individual defendants. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Action by the Starr Foundation&nbsp;&#151; Supreme Court of New York.</I>&nbsp;&nbsp;On May&nbsp;7, 2008, the Starr Foundation filed a complaint in New York State Supreme Court against AIG, AIG&#146;s former Chief Executive Officer, Martin Sullivan, and AIG&#146;s then Chief Financial Officer, Steven Bensinger, asserting a claim for common law fraud. The complaint alleges that the defendants made materially misleading statements and omissions concerning alleged multi-billion dollar losses in AIG&#146;s portfolio of credit default swaps. The complaint asserts that if the Starr Foundation had known the truth about the alleged losses, it would have sold its remaining shares of AIG Common Stock and alleges that the Starr Foundation has suffered damages of at least $300&nbsp;million. On May&nbsp;30, 2008, a motion to dismiss the complaint was filed on behalf of defendants. After a hearing, the complaint was dismissed. On December&nbsp;23, 2008, plaintiff filed a notice of appeal and a decision on the appeal is pending. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Canadian Securities Class&nbsp;Action&nbsp;&#151; Ontario Superior Court of Justice.</I>&nbsp;&nbsp;On November&nbsp;13, 2008, an application was filed in the Ontario Superior Court of Justice for leave to bring a purported securities fraud class action against AIG, AIGFP, certain of AIG&#146;s current and former officers and directors, and the former Chief Executive Officer of AIGFP. If the Court grants the application, a class plaintiff will be permitted to file a statement of claim against AIG. The proposed statement of claim would assert a class period of November&nbsp;10, 2006 through September&nbsp;16, 2008, and would allege that during this period defendants made false and misleading statements and omissions in quarterly and annual reports and during oral presentations in violation of the Ontario Securities Act. On April&nbsp;17, 2009, defendants filed a motion record in support of their motion to stay or dismiss for lack of jurisdiction and forum non conveniens. Plaintiffs are opposing that motion. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Panama Action&nbsp;&#151; Tribunal del Circuito Civil, Panama City, Panama.</I>&nbsp;&nbsp;On February&nbsp;26, 2009, Starr International Company, Inc. (SICO) sought permission to file a complaint in Panamanian court against AIG. In the complaint, SICO alleges that AIG intentionally concealed from its shareholders, including SICO, its unstable financial situation and risk of losses, which ultimately resulted in losses to the value of SICO&#146;s shares of AIG Common Stock. AIG has not yet appeared in the action. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">2006 Regulatory Settlements and Related Matters</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>2006 Regulatory Settlements.</I>&nbsp;&nbsp;In February 2006, AIG reached a resolution of claims and matters under investigation with the DOJ, the SEC, the Office of the New York Attorney General (NYAG) and the New York State Department of Insurance (DOI). AIG recorded an after-tax charge of $1.15&nbsp;billion relating to these settlements in the fourth quarter of 2005. The settlements resolved investigations conducted by the SEC, NYAG and DOI in connection with the accounting, financial reporting and insurance brokerage practices of AIG and its subsidiaries, as well as claims relating to the underpayment of certain workers&#146; compensation premium taxes and other assessments. These settlements did not, however, resolve investigations by regulators from other states into insurance brokerage practices related to contingent commissions and other broker-related conduct, such as alleged bid rigging. Nor did the settlements resolve any obligations that AIG may have to state guarantee funds in connection with any of these matters. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>As a result of these settlements, AIG made payments or placed amounts in escrow in 2006 totaling approximately $1.64&nbsp;billion, $225&nbsp;million of which represented fines and penalties. Amounts held in escrow totaling approximately $339&nbsp;million, including interest thereon, are included in other assets at June&nbsp;30, 2009. At that date, all of the funds were escrowed for settlement of claims resulting from the underpayment by AIG of its residual market assessments for workers&#146; compensation. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In addition to the escrowed funds, $800&nbsp;million was deposited into a fund under the supervision of the SEC as part of the settlements to be available to resolve claims asserted against AIG by investors, including the securities class action shareholder lawsuits described below. On April&nbsp;14, 2008, the court overseeing the Fair Fund approved a plan for distribution of monies in the fund, and on May&nbsp;18, 2009 ordered that the Distribution Agent was authorized to commence distribution of Fair Fund monies to approved eligible claimants. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Also, as part of the settlements, AIG agreed to retain, for a period of three years, an independent consultant to conduct a review that included, among other things, the adequacy of AIG&#146;s internal control over financial reporting, the policies, procedures and effectiveness of AIG&#146;s regulatory, compliance and legal functions and the remediation plan that AIG has implemented as a result of its own internal review. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Other Regulatory Settlements.</I>&nbsp;&nbsp;AIG&#146;s 2006 regulatory settlements with the SEC, DOJ, NYAG and DOI did not resolve investigations by regulators from other states into insurance brokerage practices. AIG entered into agreements effective January&nbsp;29, 2008 with the Attorneys General of the States of Florida, Hawaii, Maryland, Michigan, Oregon, Texas and West Virginia; the Commonwealths of Massachusetts and Pennsylvania; and the District of Columbia; as well as the Florida Department of Financial Services and the Florida Office of Insurance Regulation, relating to their respective industry-wide investigations into producer compensation and insurance placement practices. The settlements call for total payments of $12.5&nbsp;million to be allocated among the ten jurisdictions representing restitution to state agencies and reimbursement of the costs of the investigation. During the term of the settlement agreements, AIG will continue to maintain certain producer compensation disclosure and ongoing compliance initiatives. AIG will also continue to cooperate with the industry-wide investigations. The agreement with the Texas Attorney General also settles allegations of anticompetitive conduct relating to AIG&#146;s relationship with Allied World Assurance Company and includes an additional settlement payment of $500,000 related thereto. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG entered into an agreement effective March&nbsp;13, 2008 with the Pennsylvania Insurance Department relating to the Department&#146;s investigation into the affairs of AIG and certain of its Pennsylvania-domiciled insurance company subsidiaries. The settlement calls for total payments of approximately $13.5&nbsp;million, of which approximately $4.4&nbsp;million was paid under previous settlement agreements. During the term of the settlement agreement, AIG will provide annual reinsurance reports, as well as maintain certain producer compensation disclosure and ongoing compliance initiatives. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>NAIC Examination of Workers&#146; Compensation Premium Reporting.</I>&nbsp;&nbsp;During 2006, the Settlement Review Working Group of the National Association of Insurance Commissioners (NAIC), under the direction of the states of Indiana, Minnesota and Rhode Island, began an investigation into AIG&#146;s reporting of workers&#146; compensation premiums. In late 2007, the Settlement Review Working Group recommended that a multi-state targeted market conduct examination focusing on workers&#146; compensation insurance be commenced under the direction of the NAIC&#146;s Market Analysis Working Group. AIG was informed of the multi-state targeted market conduct examination in January 2008. The lead states in the multi-state examination are Delaware, Florida, Indiana, Massachusetts, Minnesota, New York, Pennsylvania, and Rhode Island. All other states (and the District of Columbia) have agreed to participate in the multi-state examination. To date, the examination has focused on legacy issues related to AIG&#146;s writing and reporting of workers&#146; compensation insurance prior to 1996. AIG has also been advised that the examination will focus on current compliance with legal requirements applicable to such business. AIG has been advised by the lead states that to date no determinations have been made with respect to these issues, and AIG cannot predict either the outcome of the investigation or provide any assurance regarding regulatory action that may result from the investigation. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Securities Action&nbsp;&#151; Southern District of New York.</I>&nbsp;&nbsp;Beginning in October 2004, a number of putative securities fraud class action suits were filed in the Southern District of New York against AIG and consolidated as In re American International Group, Inc. Securities Litigation. Subsequently, a separate, though similar, securities fraud action was also brought against AIG by certain Florida pension funds. The lead plaintiff in the class action is a group of public retirement systems and pension funds benefiting Ohio state employees, suing on behalf of themselves and all purchasers of AIG&#146;s publicly traded securities between October&nbsp;28, 1999 and April&nbsp;1, 2005. The named defendants are AIG and a number of present and former AIG officers and directors, as well as Starr, SICO, General Reinsurance Corporation (General Re), and PricewaterhouseCoopers LLP (PwC), among others. The lead plaintiff alleges, among other things, that AIG: (1)&nbsp;concealed that it engaged in anti-competitive conduct through alleged payment of contingent commissions to brokers and participation in illegal bid-rigging; (2)&nbsp;concealed that it used &#147;income smoothing&#148; products and other techniques to inflate its earnings; (3)&nbsp;concealed that it marketed and sold &#147;income smoothing&#148; insurance products to other companies; and (4)&nbsp;misled investors about the scope of government investigations. In addition, the lead plaintiff alleges that AIG&#146;s former Chief Executive Officer, Maurice R. Greenberg, manipulated AIG&#146;s stock price. The lead plaintiff asserts claims for violations of Sections&nbsp;11 and 15 of the Securities Act of 1933, Section&nbsp;10(b) of the Exchange Act and <FONT style="WHITE-SPACE: nowrap">Rule&nbsp;10b-5</FONT> promulgated thereunder, Section&nbsp;20(a) of the Exchange Act, and Section&nbsp;20A of the Exchange Act. In April 2006, the court denied the defendants&#146; motions to dismiss the second amended class action complaint and the Florida complaint. In December 2006, a third amended class action complaint was filed, which does not differ substantially from the prior complaint. Fact discovery is currently ongoing. On February&nbsp;20, 2008, the lead plaintiff filed a motion for class certification. The motion remains pending. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Derivative Action&nbsp;&#151; Southern District of New York.</I>&nbsp;&nbsp;Between October&nbsp;25, 2004 and July&nbsp;14, 2005, seven separate derivative actions were filed in the Southern District of New York, five of which were consolidated into a single action (the New York 2004/2005 Derivative Litigation). The complaint in this action contains nearly the same types of allegations made in the securities fraud action described above. The named defendants include current and former officers and directors of AIG, as well as Marsh&nbsp;&amp; McLennan Companies, Inc. (Marsh), SICO, Starr, ACE Limited and subsidiaries (Ace), General Re, PwC, and certain employees or officers of these entity defendants. Plaintiffs assert claims for breach of fiduciary duty, gross mismanagement, waste of corporate assets, unjust enrichment, insider selling, auditor breach of contract, auditor professional negligence and disgorgement from AIG&#146;s former Chief Executive Officer, Maurice R. Greenberg, and former Chief Financial Officer, Howard I. Smith, of incentive-based compensation and AIG share proceeds under Section&nbsp;304 of the Sarbanes-Oxley Act, among others. Plaintiffs seek, among other things, compensatory damages, corporate governance reforms, and a voiding of the election of certain AIG directors. AIG&#146;s Board of Directors has appointed a special committee of independent directors (Special Committee) to review the matters asserted in the operative consolidated derivative complaint. The court has entered an order staying this action pending resolution of the Delaware 2004/2005 Derivative Litigation discussed below. The court also has entered an order that termination of certain named defendants from the Delaware action applies to this action without further order of the court. On February&nbsp;26, 2009, the Court dismissed those AIG officer and director defendants against whom the shareholder plaintiffs in the Delaware action had not pursued claims. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Derivative Actions&nbsp;&#151; Delaware Chancery Court.</I>&nbsp;&nbsp;From October 2004 to April 2005, AIG shareholders filed five derivative complaints in the Delaware Chancery Court. All of these derivative lawsuits were consolidated into a single action as In re American International Group, Inc. Consolidated Derivative Litigation (the Delaware <FONT style="WHITE-SPACE: nowrap">2004/2005</FONT> Derivative Litigation). The amended consolidated complaint named 43 defendants (not including nominal defendant AIG) who, as in the New York 2004/2005 Derivative Litigation, were current and former officers and directors of AIG, as well as other entities and certain of their current and former employees and directors. The factual allegations, legal claims and relief sought in this action are similar to those alleged in the New York <FONT style="WHITE-SPACE: nowrap">2004/2005</FONT> Derivative Litigation, except that the claims are only under state law. In early 2007, the court approved an agreement that AIG be realigned as plaintiff, and, on June&nbsp;13, 2007, acting on the direction of the Special Committee, AIG filed an amended complaint against former directors and officers Maurice R. Greenberg and Howard I. Smith, alleging breach of fiduciary duty and indemnification. Also on June&nbsp;13, 2007, the Special Committee filed a motion to terminate the litigation as to certain defendants, while taking no action as to others. Defendants Greenberg and Smith filed answers to AIG&#146;s complaint and brought third-party complaints against certain current and former AIG directors and officers, PwC and Regulatory Insurance Services, Inc. On September&nbsp;28, 2007, AIG and the shareholder plaintiffs filed a combined amended complaint in which AIG continued to assert claims against defendants Greenberg and Smith and took no position as to the claims asserted by the shareholder plaintiffs in the remainder of the combined amended complaint. In that pleading, the shareholder plaintiffs are no longer pursuing claims against certain AIG officers and directors. On February&nbsp;12, 2008, the court granted AIG&#146;s motion to stay discovery pending the resolution of claims against AIG in the New York consolidated securities action. On April&nbsp;11, 2008, the shareholder plaintiffs filed the First Amended Combined Complaint, which added claims against former AIG directors and officers Maurice Greenberg, Edward Matthews, and Thomas Tizzio for breach of fiduciary duty based on alleged bid-rigging in the municipal derivatives market. On June&nbsp;13, 2008, certain defendants filed motions to dismiss the shareholder plaintiffs&#146; portions of the complaint. On February&nbsp;11, 2009, the court denied the motions to dismiss filed by Maurice Greenberg, Edward Matthews, and Thomas Tizzio; granted the motion to dismiss filed by PwC without prejudice; and granted the motion to dismiss filed by certain former employees of AIG without prejudice for lack of personal jurisdiction. The motions to dismiss filed by the remaining parties are pending. On March&nbsp;6, 2009, the Court granted an Order of Dismissal, Notice and Order of Voluntary Dismissal and Stipulation and Order of Dismissal to dismiss those individual defendants who were similarly situated to the individuals dismissed by the Court for lack of personal jurisdiction. On March&nbsp;12, 2009, Defendant Greenberg filed his verified answer to AIG&#146;s complaint; cross-claims against Marsh, Ace, General Re, and Thomas Tizzio; and a third-party complaint against certain current and former AIG directors and officers, as well as INS Regulatory Insurance Services, Inc. Defendant Smith has also filed his answer to AIG&#146;s complaint, which was amended on July&nbsp;9, 2009 to add cross-claims against Thomas Tizzio and third-party claims against certain current and former AIG directors and officers, as well as INS Regulatory Insurance Services, Inc. On June&nbsp;17, 2009, the Court issued an opinion granting the motions to dismiss filed by General Re, Marsh, ACE, and Susan Rivera. On July&nbsp;13, 2009 and July&nbsp;17, 2009, the Court entered final judgments in favor of PwC, General Re, Marsh, ACE, and Rivera. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG was also named as a defendant in a derivative action in the Delaware Chancery Court brought by shareholders of Marsh. On July&nbsp;10, 2008, shareholder plaintiffs filed a second consolidated amended complaint, which contains claims against AIG for aiding and abetting a breach of fiduciary duty and contribution and indemnification in connection with alleged bid-rigging and steering practices in the commercial insurance market that are the subject of the Policyholder Antitrust and Racketeering Influenced and Corrupt Organizations Act (RICO) Actions described below. On November&nbsp;10, 2008, AIG and certain defendants filed motions to dismiss the shareholder plaintiffs&#146; portions of the complaint. On June&nbsp;17, 2009, the Court dismissed the claims against AIG, Maurice R. Greenberg, and Zachary Carter with prejudice and denied the motions to dismiss filed by the remaining defendants. Final judgment was entered on June&nbsp;19, 2009. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Derivative Action&nbsp;&#151; Supreme Court of New York.</I>&nbsp;&nbsp;On February&nbsp;11, 2009, shareholder plaintiffs in the Delaware <FONT style="WHITE-SPACE: nowrap">2004/2005</FONT> Derivative Litigation filed a derivative complaint in the Supreme Court of New York against the individual defendants who moved to dismiss the complaint in the Delaware <FONT style="WHITE-SPACE: nowrap">2004/2005</FONT> Derivative Litigation on personal jurisdiction grounds. The defendants include current and former officers and employees of AIG, Marsh, and General Re; AIG is named as a nominal defendant. The complaint in this action contains similar allegations to those made in the Delaware <FONT style="WHITE-SPACE: nowrap">2004/2005</FONT> Derivative Litigation described above. Discovery in this action is stayed pending the resolution of the claims against AIG in the securities actions described above under Securities Actions&nbsp;&#151; Southern District of New York. Defendants filed motions to dismiss the complaint on May&nbsp;1, and the shareholder plaintiffs have reached an agreement staying discovery as well as any motions to dismiss with the General Re and Marsh defendants pending final adjudication of any claims against those parties in the Delaware <FONT style="WHITE-SPACE: nowrap">2004/2005</FONT> Derivative Litigation. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Policyholder Antitrust and RICO Actions.</I>&nbsp;&nbsp;Commencing in 2004, policyholders brought multiple federal antitrust and RICO class actions in jurisdictions across the nation against insurers and brokers, including AIG and a number of its subsidiaries, alleging that the insurers and brokers engaged in a broad conspiracy to allocate customers, steer business, and rig bids. These actions, including 24 complaints filed in different federal courts naming AIG or an AIG subsidiary as a defendant, were consolidated by the judicial panel on multi-district litigation and transferred to the United States District Court for the District of New Jersey (District of New Jersey) for coordinated pretrial proceedings. The consolidated actions have proceeded in that court in two parallel actions, In re Insurance Brokerage Antitrust Litigation (the Commercial Complaint) and In re Employee Benefit Insurance Brokerage Antitrust Litigation (the Employee Benefits Complaint, and, together with the Commercial Complaint, the Multi-district Litigation). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The plaintiffs in the Commercial Complaint are a group of corporations, individuals and public entities that contracted with the broker defendants for the provision of insurance brokerage services for a variety of insurance needs. The broker defendants are alleged to have placed insurance coverage on the plaintiffs&#146; behalf with a number of insurance companies named as defendants, including AIG subsidiaries. The Commercial Complaint also named various brokers and other insurers as defendants (three of which have since settled). The Commercial Complaint alleges, among other things, that defendants engaged in a widespread conspiracy to allocate customers through bid-rigging and steering practices. Plaintiffs assert that the defendants violated the Sherman Antitrust Act, RICO, and the antitrust laws of 48&nbsp;states and the District of Columbia, and are liable under common law breach of fiduciary duty and unjust enrichment theories. Plaintiffs seek treble damages plus interest and attorneys&#146; fees as a result of the alleged RICO and Sherman Antitrust Act violations. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The plaintiffs in the Employee Benefits Complaint are a group of individual employees and corporate and municipal employers alleging claims on behalf of two separate nationwide purported classes: an employee class and an employer class that acquired insurance products from the defendants from January&nbsp;1, 1998 to December&nbsp;31, 2004. The Employee Benefits Complaint names AIG, as well as various other brokers and insurers, as defendants. The activities alleged in the Employee Benefits Complaint, with certain exceptions, track the allegations made in the Commercial Complaint. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The Court in connection with the Commercial Complaint granted (without leave to amend) defendants&#146; motions to dismiss the federal antitrust and RICO claims on August&nbsp;31, 2007 and September&nbsp;28, 2007, respectively. The court declined to exercise supplemental jurisdiction over the state law claims in the Commercial Complaint and therefore dismissed it in its entirety. On January&nbsp;14, 2008, the court granted defendants&#146; motion for summary judgment on the ERISA claims in the Employee Benefits Complaint and subsequently dismissed the remaining state law claims without prejudice, thereby dismissing the Employee Benefits Complaint in its entirety. On February&nbsp;12, 2008, plaintiffs filed a notice of appeal to the United States Court of Appeals for the Third Circuit with respect to the dismissal of the Employee Benefits Complaint. Plaintiffs previously appealed the dismissal of the Commercial Complaint to the United States Court of Appeals for the Third Circuit on October&nbsp;10, 2007. Both appeals are fully briefed and oral argument in both appeals was held on April&nbsp;21, 2009. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>A number of complaints making allegations similar to those in the Multi-district Litigation have been filed against AIG and other defendants in state and federal courts around the country. The defendants have thus far been successful in having the federal actions transferred to the District of New Jersey and consolidated into the Multi-district Litigation. These additional consolidated actions are still pending in the District of New Jersey, but are currently stayed pending a decision by the court on whether they will proceed during the appeal of the dismissal of the Multi-district Litigation. On August&nbsp;20, 2008, the District Court, however, granted plaintiff&#146;s motion to lift the stay in one tag-along matter and suggested that the case be remanded to the transferor court, and on November&nbsp;26, 2008, the Judicial Panel on Multi-district Litigation issued an order remanding the case to the transferor court. On March&nbsp;12, 2009, the transferor court held oral argument on the insurer defendants&#146; motion to dismiss and granted that motion from the bench. The AIG defendants have also sought to have state court actions making similar allegations stayed pending resolution of the Multi-district Litigation proceeding. These efforts have generally been successful, although discovery has recently commenced in one case pending in New Jersey state court. Plaintiffs in another case pending in Texas state court moved to reopen discovery, and a hearing on that motion was held on April&nbsp;9, 2008. The court subsequently issued an order deferring a ruling on the motion until a hearing was held on defendants&#146; special exceptions, which was held on April&nbsp;3, 2009. At the April&nbsp;3, 2009 hearing, the Court sustained defendants&#146; special exceptions and granted plaintiff leave to replead. The Court also continued the discovery stay. On July&nbsp;13, 2009, Plaintiff filed an amended petition. AIG has settled several of the various federal and state actions alleging claims similar to those in the Multi-district Litigation, including a state court action pending in Florida in which discovery had been allowed to proceed. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Ohio Attorney General Action&nbsp;&#151; Ohio Court of Common Pleas.</I>&nbsp;&nbsp;On August&nbsp;24, 2007, the Ohio Attorney General filed a complaint in the Ohio Court of Common Pleas against AIG and a number of its subsidiaries, as well as several other broker and insurer defendants, asserting violation of Ohio&#146;s antitrust laws. The complaint, which is similar to the Commercial Complaint, alleges that AIG and the other broker and insurer defendants conspired to allocate customers, divide markets, and restrain competition in commercial lines of casualty insurance sold through the broker defendant. The complaint seeks treble damages on behalf of Ohio public purchasers of commercial casualty insurance, disgorgement on behalf of both public and private purchasers of commercial casualty insurance, and a $500-per-day penalty for each day of conspiratorial conduct. AIG, along with other co-defendants, moved to dismiss the complaint on November&nbsp;16, 2007. On June&nbsp;30, 2008, the Court denied defendants&#146; motion to dismiss. On August&nbsp;18, 2008, defendants filed their answers to the complaint. Discovery is ongoing. </DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Actions Relating to Workers&#146; Compensation Premium Reporting&nbsp;&#151; Northern District of Illinois.</I>&nbsp;&nbsp;On May&nbsp;24, 2007, the National Workers&#146; Compensation Reinsurance Pool (the NWCRP), on behalf of its participant members, filed a lawsuit in the United States District Court for the Northern District of Illinois against AIG with respect to the underpayment by AIG of its residual market assessments for workers&#146; compensation insurance. The complaint alleges claims for violations of RICO, breach of contract, fraud and related state law claims arising out of AIG&#146;s alleged underpayment of these assessments between 1970 and the present and seeks damages purportedly in excess of $1&nbsp;billion. On August&nbsp;6, 2007, the court denied AIG&#146;s motion seeking to dismiss or stay the complaint or, in the alternative, to transfer to the Southern District of New York. On December&nbsp;26, 2007, the court denied AIG&#146;s motion to dismiss the complaint. On March&nbsp;17, 2008, AIG filed an amended answer, counterclaims and third-party claims against the National Council on Compensation Insurance (in its capacity as attorney-in-fact for the NWCRP), the NWCRP, its board members, and certain of the other insurance companies that are members of the NWCRP alleging violations of RICO, as well as claims for conspiracy, fraud, and other state law claims. The counterclaim-defendants and third-party defendants filed motions to dismiss on June&nbsp;9, 2008. On January&nbsp;26, 2009, AIG filed a motion to dismiss all claims in the complaint for lack of subject-matter jurisdiction. On February&nbsp;23, 2009, the Court issued a decision and order sustaining AIG&#146;s counterclaims and sustaining, in part, AIG&#146;s third-party claims. The Court also dismissed certain of AIG&#146;s third-party claims without prejudice. On April&nbsp;13, 2009, third-party defendant Liberty Mutual filed third-party counterclaims against AIG, certain of its subsidiaries, and former AIG executives. The third-party counterclaims are substantially similar to those filed by the NWCRP, but also seek damages related to non-NWCRP states, guaranty funds, and special assessments, in addition to asserting claims for other violations of state law. On April&nbsp;16, 2009, the Court ordered that all third-party defendants must assert any third-party counterclaims by April&nbsp;30, 2009. The Court has otherwise stayed the entire case pending a ruling on AIG&#146;s motion to dismiss for lack of subject matter jurisdiction. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On April&nbsp;1, 2009, Safeco Insurance Company of America and Ohio Casualty Insurance Company filed a complaint in the United States District Court for the Northern District of Illinois, on behalf of a purported class of all NWCRP participant members, against AIG and certain of its subsidiaries with respect to the underpayment by AIG of its residual market assessments for workers&#146; compensation insurance. The complaint is styled as an &#147;alternative complaint,&#148; should the court grant AIG&#146;s motion to dismiss the NWCRP lawsuit for lack of subject-matter jurisdiction. The allegations in the class action complaint are substantially similar to those filed by the NWCRP, but the complaint names former AIG executives as defendants and asserts a RICO claim against those executives. On April&nbsp;9, 2009, the Court stayed the case pending disposition of AIG&#146;s motion to dismiss for lack of subject-matter jurisdiction in the NWCRP lawsuit. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Action Relating to Workers&#146; Compensation Premium Reporting&nbsp;&#151; District of South Carolina.</I>&nbsp;&nbsp;A purported class action was filed in the United States District Court for the District of South Carolina on January&nbsp;25, 2008 against AIG and certain of its subsidiaries, on behalf of a class of employers that obtained workers&#146; compensation insurance from AIG companies and allegedly paid inflated premiums as a result of AIG&#146;s alleged underreporting of workers&#146; compensation premiums. An amended complaint was filed on March&nbsp;24, 2008, and AIG filed a motion to dismiss the amended complaint on April&nbsp;21, 2008. On July&nbsp;8, 2008, the court granted AIG&#146;s motion to dismiss all claims without prejudice and granted plaintiff leave to refile subject to certain conditions. Plaintiffs filed their second amended complaint on July&nbsp;22, 2008. AIG moved to dismiss the second amended complaint on August&nbsp;22, 2008. On March&nbsp;27, 2009, the court granted AIG&#146;s motion to dismiss all claims related to pre-2001 policies and all claims against two AIG subsidiaries but denied the motion to dismiss as to claims against AIG and the remaining subsidiaries. The court also granted AIG&#146;s motion to strike certain allegations from the complaint, including allegations relating to AIG&#146;s alleged underreporting of workers&#146; compensation premiums. Limited discovery related to AIG&#146;s filed-rate doctrine defense was conducted and certain legal issues related to that defense have been certified to the South Carolina Supreme Court for determination. However, this action no longer involves allegations of underreporting of workers&#146; compensation premiums and no longer relates to the regulatory settlements and litigation concerning those issues. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Litigation Relating to SICO.</I>&nbsp;&nbsp;In July 2005 SICO filed a complaint against AIG in the Southern District of New York, claiming that AIG had refused to provide SICO access to certain artwork, and asking the court to order AIG immediately to release the property to SICO. AIG filed an answer denying SICO&#146;s allegations and setting forth defenses to SICO&#146;s claims. In addition, AIG filed counterclaims asserting breach of contract, unjust enrichment, conversion, breach of fiduciary duty, a constructive trust and declaratory judgment relating to SICO&#146;s breach of its commitment to use its AIG shares only for the benefit of AIG and AIG employees. On June&nbsp;23, 2008, the Court denied in part and granted in part&nbsp;SICO&#146;s motion for summary judgment, and on July&nbsp;31, 2008 the parties submitted a joint pre-trial order. Trial of AIG&#146;s claims for breach of fiduciary duty and conversion commenced on June&nbsp;15, 2009. On July&nbsp;7, 2009, a jury returned a verdict in SICO&#146;s favor on the conversion claim and an advisory verdict in SICO&#146;s favor on AIG&#146;s breach of fiduciary duty claim. The Court indicated that it would reach its own binding decision on the breach of fiduciary duty claim in August 2009. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Litigation Matters Relating to AIG&#146;s General Insurance Operations</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><I>Caremark.</I>&nbsp;&nbsp;AIG and certain of its subsidiaries have been named defendants in two putative class actions in state court in Alabama that arise out of the 1999 settlement of class and derivative litigation involving Caremark Rx, Inc. (Caremark). The plaintiffs in the second-filed action have intervened in the first-filed action, and the second-filed action has been dismissed. An excess policy issued by a subsidiary of AIG with respect to the 1999 litigation was expressly stated to be without limit of liability. In the current actions, plaintiffs allege that the judge approving the 1999 settlement was misled as to the extent of available insurance coverage and would not have approved the settlement had he known of the existence <FONT style="WHITE-SPACE: nowrap">and/or</FONT> unlimited nature of the excess policy. They further allege that AIG, its subsidiaries, and Caremark are liable for fraud and suppression for misrepresenting <FONT style="WHITE-SPACE: nowrap">and/or</FONT> concealing the nature and extent of coverage. In addition, the intervenor-plaintiffs originally alleged that various lawyers and law firms who represented parties in the underlying class and derivative litigation (the Lawyer Defendants) were also liable for fraud and suppression, misrepresentation, and breach of fiduciary duty. The complaints filed by the plaintiffs and the intervenor-plaintiffs request compensatory damages for the 1999 class in the amount of $3.2&nbsp;billion, plus punitive damages. AIG and its subsidiaries deny the allegations of fraud and suppression and have asserted that information concerning the excess policy was publicly disclosed months prior to the approval of the settlement. AIG and its subsidiaries further assert that the current claims are barred by the statute of limitations and that plaintiffs&#146; assertions that the statute was tolled cannot stand against the public disclosure of the excess coverage. The plaintiffs and intervenor-plaintiffs, in turn, have asserted that the disclosure was insufficient to inform them of the nature of the coverage and did not start the running of the statute of limitations. On November&nbsp;26, 2007, the trial court issued an order that dismissed the intervenors&#146; complaint against the Lawyer Defendants and entered a final judgment in favor of the Lawyer Defendants. The matter was stayed pending appeal to the Alabama Supreme Court. In September 2008, the Alabama Supreme Court affirmed the trial court&#146;s dismissal of the Lawyer Defendants. After the case was sent back down to the trial court, the intervenor-plaintiffs retained additional counsel &#151;&nbsp;the law firm of Haskell Slaughter Young&nbsp;&amp; Rediker, LLC (Haskell Slaughter)&nbsp;&#151; and filed an Amended Complaint in Intervention on December&nbsp;1, 2008. The Amended Complaint in Intervention names only Caremark and AIG and various subsidiaries as defendants and purports to bring claims against all defendants for deceit and conspiracy to deceive. In addition, the Amended Complaint in Intervention purports to bring a claim against AIG and its subsidiaries for aiding and abetting Caremark&#146;s alleged deception. The defendants have moved to dismiss the Amended Complaint, and, in the alternative, for a more definite statement. The intervenor-plaintiffs have yet to respond to defendants&#146; motion but have indicated to the court that they intend to remedy any defects in their Amended Complaint by filing another amended complaint. After the appearance of the Haskell Slaughter firm on behalf of the intervenor-plaintiffs, the plaintiffs moved to disqualify all of the lawyers for the intervenor-plaintiffs because, among other things, the Haskell Slaughter firm previously represented Caremark. The intervenor-plaintiffs, in turn, moved to disqualify the lawyers for the plaintiffs in the first-filed action. The trial court heard oral argument on the motions to disqualify on February&nbsp;6, 2009. On March&nbsp;2, 2009, both sets of plaintiffs filed motions to withdraw their respective motions to disqualify each other after reaching an agreement among themselves that the Lauriello plaintiffs would act as lead counsel. The McArthur intervenors also moved to withdraw their Amended Complaint in Intervention. The trial court granted all motions to withdraw and ordered the parties to appear on March&nbsp;26, 2009 for a status conference. Before the conference, the McArthur intervenors purported to dismiss their claims against Lauriello with prejudice pursuant to Ala. R. Civ. P.&nbsp;41. The defendants argued that such dismissal was improper absent Court approval, but the Court approved the dismissal on April&nbsp;2, 2009. At a class action scheduling conference held on April&nbsp;14, 2009, the Court established a schedule for class action discovery that will lead to a hearing on class certification in March 2010. The parties are presently engaged in class discovery. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: Arial, Helvetica" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="96%"></TD></TR> <TR vAlign=top> <TD><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">(b)&nbsp;&nbsp;</FONT></I></B> </TD> <TD><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Commitments</FONT></I></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Flight Equipment</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At June&nbsp;30, 2009, ILFC had committed to purchase 128 new aircraft deliverable from 2009 through 2019, at an estimated aggregate purchase price of $14.3&nbsp;billion. ILFC will be required to find lessees for any aircraft acquired and to arrange financing for a substantial portion of the purchase price. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Included in the 128 new aircraft are 74 Boeing 787 aircraft (B787s), with the first aircraft currently scheduled to be delivered in July 2012, not taking into account recent additional delays in the production of the B787s. ILFC is in discussion with Boeing related to revisions to the delivery schedule and potential delay compensation and penalties for which ILFC may be eligible. ILFC has signed contracts for 31 of the 74 B787s on order. Under the terms of ILFC&#146;s B787 leases, the lessees may be entitled to share in any compensation which ILFC receives from Boeing for late delivery of the aircraft. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Other Commitments</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In the normal course of business, AIG enters into commitments to invest in limited partnerships, private equities, hedge funds and mutual funds and to purchase and develop real estate in the U.S.&nbsp;and abroad. These commitments totaled $7.9&nbsp;billion at June&nbsp;30, 2009. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On June&nbsp;27, 2005, AIG entered into an agreement pursuant to which AIG agreed, subject to certain conditions, to make any payment that is not promptly paid with respect to the benefits accrued by certain employees of AIG and its subsidiaries under the SICO Plans (as discussed in (c)&nbsp;below under &#147;Benefits Provided by Starr International Company, Inc. and C.V. Starr&nbsp;&amp; Co., Inc.&#148;). </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: Arial, Helvetica" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="96%"></TD></TR> <TR vAlign=top> <TD><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">(c)&nbsp;&nbsp;</FONT></I></B> </TD> <TD><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Contingencies</FONT></I></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Liability for unpaid claims and claims adjustment expense</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Although AIG regularly reviews the adequacy of the established liability for unpaid claims and claims adjustment expense, there can be no assurance that AIG&#146;s ultimate liability for unpaid claims and claims adjustment expense will not develop adversely and materially exceed AIG&#146;s current liability for unpaid claims and claims adjustment expense. Estimation of ultimate net claims, claims adjustment expenses and liability for unpaid claims and claims adjustment expense is a complex process for long-tail casualty lines of business, which include excess and umbrella liability, directors and officers liability (D&amp;O), professional liability, medical malpractice, workers&#146; compensation, general liability, products liability and related classes, as well as for asbestos and environmental exposures. Generally, actual historical loss development factors are used to project future loss development. However, there can be no assurance that future loss development patterns will be the same as in the past. Moreover, any deviation in loss cost trends or in loss development factors might not be discernible for an extended period of time subsequent to the recording of the initial loss reserve estimates for any accident year. Thus, there is the potential for reserves with respect to a number of years to be significantly affected by changes in loss cost trends or loss development factors that were relied upon in setting the reserves. These changes in loss cost trends or loss development factors could be attributable to changes in inflation, in labor and material costs or in the judicial environment, or in other social or economic phenomena affecting claims. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Benefits Provided by Starr International Company, Inc. and C.V. Starr&nbsp;&amp; Co., Inc.</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>SICO has provided a series of two-year Deferred Compensation Profit Participation Plans (SICO Plans) to certain AIG employees. The SICO Plans were created in 1975 when the voting shareholders and Board of Directors of SICO, a private holding company whose principal asset is AIG common stock, decided that a portion of the capital value of SICO should be used to provide an incentive plan for the current and succeeding managements of all American International companies, including AIG. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>None of the costs of the various benefits provided under the SICO Plans has been paid by AIG, although AIG has recorded a charge to reported earnings for the deferred compensation amounts paid to AIG employees by SICO, with an offsetting amount credited to additional paid-in capital reflecting amounts considered to be contributed by SICO. The SICO Plans provide that shares currently owned by SICO are set aside by SICO for the benefit of the participant and distributed upon retirement. The SICO Board of Directors currently may permit an early payout of units under certain circumstances. Prior to payout, the participant is not entitled to vote, dispose of or receive dividends with respect to such shares, and shares are subject to forfeiture under certain conditions, including but not limited to the participant&#146;s voluntary termination of employment with AIG prior to normal retirement age. Under the SICO Plans, SICO&#146;s Board of Directors may elect to pay a participant cash in lieu of shares of AIG common stock. Following notification from SICO to participants in the SICO Plans that it will settle specific future awards under the SICO Plans with shares rather than cash, AIG modified its accounting for the SICO Plans from variable to fixed measurement accounting. AIG gave effect to this change in settlement method beginning on December&nbsp;9, 2005, the date of SICO&#146;s notice to participants in the SICO Plans. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: Arial, Helvetica" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="96%"></TD></TR> <TR vAlign=top> <TD><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">(d)&nbsp;&nbsp;</FONT></I></B> </TD> <TD><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Guarantees</FONT></I></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG has issued unconditional guarantees with respect to the prompt payment, when due, of all present and future payment obligations and liabilities of AIGFP arising from transactions entered into by AIGFP. Also see Note&nbsp;13 herein for additional disclosures on guarantees of outstanding debt. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>SAI Deferred Compensation Holdings, Inc., a wholly owned subsidiary of AIG, has established a deferred compensation plan for registered representatives of certain AIG subsidiaries, pursuant to which participants have the opportunity to invest deferred commissions and fees on a notional basis. The value of the deferred compensation fluctuates with the value of the deferred investment alternatives chosen. AIG has provided a full and unconditional guarantee of the obligations of SAI Deferred Compensation Holdings, Inc. to pay the deferred compensation under the plan. In December 2008, AIG terminated the plan for current employees and ceased to permit new deferrals into the plan. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>See Note&nbsp;6 herein for commitments and guarantees associated with VIEs.</DIV></BODY></HTML> 10.&nbsp;&nbsp; Commitments, Contingencies and Guarantees &nbsp; (a)&nbsp;&nbsp; Litigation and false false No definition available. No authoritative reference available. false false 1 2 false UnKnown UnKnown UnKnown false true XML 20 R9.xml IDEA: Segment Information 1.0.0.3 false Segment Information false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 2 0 aig_NotesToConsolidatedFinancialsAbstract aig false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false No definition available. false 3 1 us-gaap_SegmentReportingDisclosureTextBlock us-gaap true na duration string No definition available. false false false false false false false false false 1 false false 0 0 <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 144px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=144 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">3.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Segment Information</FONT></B> </TD></TR></TBODY></TABLE><!-- XBRL,body --> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG identifies its operating segments by product line consistent with its management structure and evaluates their performance based on operating income (loss) before taxes. During the second quarter of 2009, AIG realigned its financial reporting structure to reflect the effects of its restructuring activities on how management views and manages its businesses. Consequently, beginning in the second quarter of 2009, the results for Transatlantic, Personal Lines (excluding the results of the Private Client Group), and Mortgage Guaranty, previously reported as part of the General Insurance operating segment, are now included in AIG&#146;s Other operations. In addition, the historical results for HSB Group, Inc. (HSB) (which was sold on March&nbsp;31, 2009), previously included within Commercial Insurance, are now included in AIG&#146;s Other category. Prior period amounts have been revised to conform to the current presentation. As a result of dispositions, only Mortgage Guaranty is expected to report ongoing results of operations commencing in the third quarter of 2009. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG&#146;s operating segments are General Insurance, Life Insurance&nbsp;&amp; Retirement Services, Financial Services, and Asset Management. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>AIG&#146;s results by operating segment were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="60%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months Ended<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total revenues: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Operating segments: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">General Insurance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>8,847</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>10,120 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>16,974</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>19,738 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Life Insurance&nbsp;&amp; Retirement Services </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>14,997</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>10,161 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>23,854</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>18,913 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Financial Services </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,155</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3,605 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,428</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(10,165 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Asset Management </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>452</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>797 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>751</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>648 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,276</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,845 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,801</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5,388 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Consolidation and eliminations </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(202</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(385 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(825</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(558 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total revenues </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>29,525</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>19,933 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>49,983</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>33,964 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net realized capital gains (losses): </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Operating segments: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">General Insurance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(45</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(493 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(653</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(739 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Life Insurance&nbsp;&amp; Retirement Services </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>297</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,010 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,811</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(9,379 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Financial Services </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>10</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>15 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(24</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(136 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Asset Management </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>78</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(464 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(74</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,869 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,639</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(129 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(839</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(47 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total net realized capital gains (losses) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(1,299</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(6,081 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(4,401</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(12,170 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Operating income (loss): </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Operating segments: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">General Insurance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>971</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,212 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,094</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,727 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Life Insurance&nbsp;&amp; Retirement Services </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,818</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,401 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(55</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(4,232 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Financial Services </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(89</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,905 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,211</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(14,677 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Asset Management </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(222</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(314 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(855</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,565 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,337</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,100 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3,809</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,046 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Consolidation and eliminations </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>178</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(248 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(213</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(227 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total operating income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,319</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(8,756 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(5,049</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(20,020 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>AIG&#146;s General Insurance results by major internal reporting unit were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="62%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months Ended<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>General Insurance</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total revenues: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Commercial Insurance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5,522</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>5,981 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>10,546</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>11,971 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Foreign General Insurance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,325</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,139 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,428</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,767 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>8,847</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>10,120 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>16,974</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>19,738 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Operating income (loss): </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Commercial Insurance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>583</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>416 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>359</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,195 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Foreign General Insurance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>388</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>796 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>735</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,532 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>971</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,212 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,094</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,727 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>AIG&#146;s Life Insurance&nbsp;&amp; Retirement Services results by major internal reporting unit were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="61%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months Ended<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>Life Insurance &amp; Retirement Services</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total revenues: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Foreign: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Japan and Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4,634</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>5,369 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>7,877</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>9,265 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Asia </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,771</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,575 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>11,220</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,852 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Domestic: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Domestic Life Insurance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,204</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,234 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,719</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,517 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Domestic Retirement Services </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,388</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,017 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,038</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,721 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>14,997</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>10,161 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>23,854</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>18,913 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Operating income (loss): </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Foreign: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Japan and Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>94</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>577 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>172</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,060 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Asia </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,267</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>196 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,523</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>448 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Domestic: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Domestic Life Insurance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>559</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,005 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>251</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,875 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 30pt; TEXT-INDENT: -10pt">Domestic Retirement Services </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(102</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2,169 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,001</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3,865 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,818</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(2,401 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(55</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(4,232 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>AIG&#146;s Financial Services results by major internal reporting unit were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="61%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months Ended<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>Financial Services</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total revenues: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Aircraft Leasing </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>1,384</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,298 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2,665</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2,463 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Capital Markets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(8</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6,088 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(977</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(14,831 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Consumer Finance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>565</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,028 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,386</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,959 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other, including intercompany adjustments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>214</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>157 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>354</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>244 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2,155</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(3,605 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>3,428</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(10,165 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Operating income (loss): </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Aircraft Leasing </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>410</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>334 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>726</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>555 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Capital Markets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(128</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6,284 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,249</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(15,211 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Consumer Finance </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(404</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(33 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(702</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(85 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other, including intercompany adjustments </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>33</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>78 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>14</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>64 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(89</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,905 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>(1,211</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(14,677 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>AIG&#146;s Asset Management operations consist of a single internal reporting unit.</B></DIV></BODY></HTML> 3.&nbsp;&nbsp; Segment Information &nbsp; AIG identifies its operating segments by product line consistent with its management structure and false false No definition available. No authoritative reference available. false false 1 2 false UnKnown UnKnown UnKnown false true XML 21 R6.xml IDEA: Consolidated Statement of Comprehensive Income (Loss) 1.0.0.3 false Consolidated Statement of Comprehensive Income (Loss) (USD $) In Millions false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 false 2 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 false 3 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 false 4 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 4 2 us-gaap_ProfitLoss us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 true true 1845000000 1845 false false 2 true true -5399000000 -5399 false false 3 true true -3288000000 -3288 false false 4 true true -13126000000 -13126 false false No definition available. 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No authoritative reference available. false 11 4 aig_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAllInvestmentsOtherThanInvestmentsOnWhichOtherThanTemporaryImpairmentsWereTakenTaxes aig false debit duration monetary Tax effect of the gross appreciation or the gross loss, net of reclassification adjustment, in the change in value of fixed... false false false false false false false false false 1 false true -3863000000 -3863 false false 2 false true 1065000000 1065 false false 3 false true -2471000000 -2471 false false 4 false true 4813000000 4813 false false Tax effect of the gross appreciation or the gross loss, net of reclassification adjustment, in the change in value of fixed maturity investments other than investments on which it had been determined to have had an other than temporary decline in fair value below its amortized cost basis during the period. 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No authoritative reference available. false 14 3 us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPeriodIncreaseDecrease us-gaap true na duration monetary No definition available. false false false false false false false false false 1 false true 45000000 45 false false 2 false true 144000000 144 false false 3 false true 71000000 71 false false 4 false true 11000000 11 false false No definition available. No authoritative reference available. false 15 4 us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxEffectPeriodIncreaseDecrease us-gaap true na duration monetary No definition available. false false false false false false false false false 1 false true -48000000 -48 false false 2 false true -50000000 -50 false false 3 false true -21000000 -21 false false 4 false true -5000000 -5 false false No definition available. No authoritative reference available. false 16 3 us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPeriodIncreaseDecrease us-gaap true na duration monetary No definition available. false false false false false false false false false 1 false true 33000000 33 false false 2 false true 7000000 7 false false 3 false true 91000000 91 false false 4 false true 13000000 13 false false No definition available. No authoritative reference available. false 17 4 us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansTax us-gaap true na duration monetary No definition available. false false false false false false false false false 1 false true -12000000 -12 false false 2 false true -5000000 -5 false false 3 false true -30000000 -30 false false 4 false true -3000000 -3 false false No definition available. No authoritative reference available. false 18 3 us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease us-gaap true na duration monetary No definition available. false false false false false false false false false 1 false true 7092000000 7092 false false 2 false true -2670000000 -2670 false false 3 false true 4473000000 4473 false false 4 false true -8618000000 -8618 false false No definition available. No authoritative reference available. true 19 2 us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true 8937000000 8937 false false 2 false true -8069000000 -8069 false false 3 false true 1185000000 1185 false false 4 false true -21744000000 -21744 false false No definition available. No authoritative reference available. true 20 2 us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 193000000 193 false false 2 false true -80000000 -80 false false 3 false true -674000000 -674 false false 4 false true -36000000 -36 false false No definition available. No authoritative reference available. false 21 2 us-gaap_ComprehensiveIncomeNetOfTax us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 true true 8744000000 8744 false false 2 true true -7989000000 -7989 false false 3 true true 1859000000 1859 false false 4 true true -21708000000 -21708 false false No definition available. No authoritative reference available. true false 4 18 false Millions UnKnown UnKnown false true XML 22 R5.xml IDEA: Consolidated Statement of Cash Flows 1.0.0.3 false Consolidated Statement of Cash Flows (USD $) In Millions false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 false 2 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 4 2 us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false No definition available. false 5 3 us-gaap_NetCashProvidedByUsedInOperatingActivities us-gaap true na duration monetary No definition available. false false false false false false false false false 1 true true 8036000000 8036 false false 2 true true 16128000000 16128 false false No definition available. No authoritative reference available. false 6 3 us-gaap_NetCashProvidedByUsedInInvestingActivities us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 7534000000 7534 false false 2 false true -22140000000 -22140 false false No definition available. No authoritative reference available. false 7 3 us-gaap_NetCashProvidedByUsedInFinancingActivities us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true -18441000000 -18441 false false 2 false true 5912000000 5912 false false No definition available. No authoritative reference available. false 8 3 us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 31000000 31 false false 2 false true 45000000 45 false false No definition available. No authoritative reference available. false 9 3 aig_CashPeriodIncreaseDecrease aig false debit duration monetary The net change between the beginning and ending balance of cash, defined as unrestricted cash available for day-to-day... false false false false false false false false false 1 false true -2840000000 -2840 false false 2 false true -55000000 -55 false false The net change between the beginning and ending balance of cash, defined as unrestricted cash available for day-to-day operating needs. No authoritative reference available. true 10 3 us-gaap_Cash us-gaap true debit instant monetary No definition available. false false false false false false true false false 1 false true 8642000000 8642 false false 2 false true 2284000000 2284 false false No definition available. No authoritative reference available. false 11 3 us-gaap_Cash us-gaap true debit instant monetary No definition available. false false false false false false false true false 1 false true 5802000000 5802 false false 2 false true 2229000000 2229 false false No definition available. No authoritative reference available. false 12 2 us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false No definition available. false 13 3 us-gaap_ProfitLoss us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -3288000000 -3288 false false 2 false true -13126000000 -13126 false false No definition available. No authoritative reference available. false 15 4 us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false No definition available. false 16 5 aig_GainLossOnUnrealizedMarketValuation aig false credit duration monetary Unrealized market valuation losses on AIGFP super senior credit default swap portfolio false false false false false false false false false 1 false true -184000000 -184 false false 2 false true 14672000000 14672 false false Unrealized market valuation losses on AIGFP super senior credit default swap portfolio No authoritative reference available. false 17 5 aig_GainLossOnSaleOfSecuritiesAvailableForSaleAndOtherAssetsNet aig false credit duration monetary Net gains on sales of securities available for sale and other assets false false false false false false false false false 1 false true -868000000 -868 false false 2 false true -494000000 -494 false false Net gains on sales of securities available for sale and other assets No authoritative reference available. false 18 5 us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true 316000000 316 false false 2 false false 0 0 false false No definition available. No authoritative reference available. false 19 5 us-gaap_ForeignCurrencyTransactionGainLossUnrealized us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true 413000000 413 false false 2 false true 857000000 857 false false No definition available. No authoritative reference available. false 20 5 aig_UnrealizedGainLossOnNonAigfpDerivativesAndOtherAssetsAndLiabilities aig false credit duration monetary Changes in net unrealized (gains) losses on derivative instruments, such as swaps, forwards, options not entered into by... false false false false false false false false false 1 false true -4452000000 -4452 false false 2 false true 2086000000 2086 false false Changes in net unrealized (gains) losses on derivative instruments, such as swaps, forwards, options not entered into by broker dealer entities, and other assets and liabilities. No authoritative reference available. false 21 5 us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true 1912000000 1912 false false 2 false true -151000000 -151 false false No definition available. No authoritative reference available. false 22 5 us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 6347000000 6347 false false 2 false true 7343000000 7343 false false No definition available. No authoritative reference available. false 23 5 us-gaap_OtherDepreciationAndAmortization us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 1454000000 1454 false false 2 false true 1799000000 1799 false false No definition available. No authoritative reference available. false 24 5 us-gaap_ProvisionForLoanLeaseAndOtherLosses us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 1526000000 1526 false false 2 false true 578000000 578 false false No definition available. No authoritative reference available. false 25 5 us-gaap_ImpairmentOfInvestments us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 4970000000 4970 false false 2 false true 12370000000 12370 false false No definition available. No authoritative reference available. false 26 5 us-gaap_RestructuringCostsAndAssetImpairmentCharges us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 867000000 867 false false 2 false true 97000000 97 false false No definition available. No authoritative reference available. false 27 5 aig_AmortizationFrnybCreditFacility aig false debit duration monetary The component of interest expense representing the noncash expenses charged against earnings in the period to obtain... false false false false false false false false false 1 false true 2829000000 2829 false false 2 false false 0 0 false false The component of interest expense representing the noncash expenses charged against earnings in the period to obtain financing, accrued interest and fees related to the Federal Reserve bank of New York credit facility. No authoritative reference available. false 28 4 us-gaap_IncreaseDecreaseInOperatingCapitalAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false No definition available. false 29 5 aig_ChangeInGeneralAndLifeInsuranceReserves aig false debit duration monetary The net change in the beginning and end of period of general and life insurance reserve balances; shall be classified as cash... false false false false false false false false false 1 false true 2027000000 2027 false false 2 false true 9748000000 9748 false false The net change in the beginning and end of period of general and life insurance reserve balances; shall be classified as cash flows from operating activities. No authoritative reference available. false 30 5 aig_ChangeInPremiumsAndInsuranceBalancesReceivableAndPayableNet aig false credit duration monetary Represents (a) changes in the carrying amount, net of allowance for doubtful accounts, of all premiums and other types of... false false false false false false false false false 1 false true 320000000 320 false false 2 false true -1104000000 -1104 false false Represents (a) changes in the carrying amount, net of allowance for doubtful accounts, of all premiums and other types of receivables due from other persons or entities and (b) changes in the carrying amount of the following combination (1) the known and estimated amounts owed to insurers under reinsurance treaties or other arrangements and (2) any reserves for outstanding life insurance and accident and health claims, net of applicable reinsurance. No authoritative reference available. false 31 5 us-gaap_IncreaseDecreaseInReinsuranceRecoverable us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true 1127000000 1127 false false 2 false true 196000000 196 false false No definition available. No authoritative reference available. false 32 5 us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -6406000000 -6406 false false 2 false true -9160000000 -9160 false false No definition available. No authoritative reference available. false 33 5 us-gaap_IncreaseDecreaseInAccruedInvestmentIncomeReceivable us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true 362000000 362 false false 2 false true 118000000 118 false false No definition available. No authoritative reference available. false 34 5 us-gaap_IncreaseDecreaseInFundsHeldUnderReinsuranceAgreements us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -1000000 -1 false false 2 false true -25000000 -25 false false No definition available. No authoritative reference available. false 35 5 us-gaap_IncreaseDecreaseInOtherPolicyholderFunds us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 320000000 320 false false 2 false true 851000000 851 false false No definition available. No authoritative reference available. false 36 5 aig_ChangeInIncomeTaxesReceivableAndPayableNet aig false debit duration monetary The net change during the reporting period in income taxes receivable and accrued income taxes payable. false false false false false false false false false 1 false true -1016000000 -1016 false false 2 false true -6960000000 -6960 false false The net change during the reporting period in income taxes receivable and accrued income taxes payable. No authoritative reference available. false 37 5 us-gaap_IncreaseDecreaseInAccountsPayable us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true -165000000 -165 false false 2 false true 52000000 52 false false No definition available. No authoritative reference available. false 38 5 us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true 813000000 813 false false 2 false true 1426000000 1426 false false No definition available. No authoritative reference available. false 39 5 us-gaap_IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true 888000000 888 false false 2 false true -6446000000 -6446 false false No definition available. No authoritative reference available. false 40 5 us-gaap_IncreaseDecreaseInTradingSecurities us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -31000000 -31 false false 2 false true 930000000 930 false false No definition available. No authoritative reference available. false 41 5 us-gaap_UnrealizedGainLossOnDerivatives us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true 1473000000 1473 false false 2 false true -3993000000 -3993 false false No definition available. No authoritative reference available. false 42 5 us-gaap_ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true -521000000 -521 false false 2 false true 4353000000 4353 false false No definition available. No authoritative reference available. false 43 5 us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true -2106000000 -2106 false false 2 false true 1237000000 1237 false false No definition available. No authoritative reference available. false 44 5 us-gaap_IncreaseDecreaseInFinancialInstrumentsSoldNotYetPurchased us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true -1451000000 -1451 false false 2 false true -1531000000 -1531 false false No definition available. No authoritative reference available. false 45 5 aig_ChangeInFinanceReceivablesAndOtherLoansHeldForSaleOriginationsAndPurchases aig false credit duration monetary Originations and purchases of Finance receivables and other loans held for sale false false false false false false false false false 1 false true -52000000 -52 false false 2 false true -279000000 -279 false false Originations and purchases of Finance receivables and other loans held for sale No authoritative reference available. false 46 5 aig_SaleOfFinanceReceivablesAndOtherLoansHeldForSale aig false debit duration monetary Sales of finance receivables and other loans - held for sale false false false false false false false false false 1 false true 49000000 49 false false 2 false true 477000000 477 false false Sales of finance receivables and other loans - held for sale No authoritative reference available. false 47 5 us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 564000000 564 false false 2 false true 207000000 207 false false No definition available. No authoritative reference available. false 48 4 us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 11324000000 11324 false false 2 false true 29254000000 29254 false false No definition available. No authoritative reference available. true 49 3 us-gaap_NetCashProvidedByUsedInOperatingActivities us-gaap true na duration monetary No definition available. false false false false false false false false false 1 false true 8036000000 8036 false false 2 false true 16128000000 16128 false false No definition available. No authoritative reference available. true 50 2 us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false No definition available. false 51 3 us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 29408000000 29408 false false 2 false true 31608000000 31608 false false No definition available. No authoritative reference available. false 52 3 us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 10110000000 10110 false false 2 false true 10418000000 10418 false false No definition available. No authoritative reference available. false 53 3 us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesEquity us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 2767000000 2767 false false 2 false true 4861000000 4861 false false No definition available. No authoritative reference available. false 54 3 us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 false false 2 false true 33000000 33 false false No definition available. No authoritative reference available. false 55 3 aig_ProceedsFromSaleOfTradingSecuritiesInInvestingActivities aig false debit duration monetary "The cash inflow associated with the sale of trading securities that are part of the entity's investing activities. false false false false false false false false false 1 false true 9739000000 9739 false false 2 false true 14120000000 14120 false false "The cash inflow associated with the sale of trading securities that are part of the entity's investing activities. No authoritative reference available. false 56 3 aig_SaleOfFlightEquipment aig false debit duration monetary The cash inflow from the sale of passenger aircraft, freighter aircraft, or flight equipment. false false false false false false false false false 1 false true 97000000 97 false false 2 false true 372000000 372 false false The cash inflow from the sale of passenger aircraft, freighter aircraft, or flight equipment. No authoritative reference available. false 57 3 us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 5767000000 5767 false false 2 false true 8715000000 8715 false false No definition available. No authoritative reference available. false 58 3 us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 2855000000 2855 false false 2 false false 0 0 false false No definition available. No authoritative reference available. false 59 3 aig_PaymentsReceivedOnMortgageAndOtherLoansReceivable aig false debit duration monetary The cash inflow associated with mortgage loans on real estate, policy loans and collateral, commercial and guaranteed loans. false false false false false false false false false 1 false true 3861000000 3861 false false 2 false true 3457000000 3457 false false The cash inflow associated with mortgage loans on real estate, policy loans and collateral, commercial and guaranteed loans. No authoritative reference available. false 60 3 us-gaap_ProceedsFromSaleAndCollectionOfFinanceReceivables us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 6908000000 6908 false false 2 false true 6757000000 6757 false false No definition available. No authoritative reference available. false 61 3 us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -32225000000 -32225 false false 2 false true -47114000000 -47114 false false No definition available. No authoritative reference available. false 62 3 us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesEquity us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -1780000000 -1780 false false 2 false true -5808000000 -5808 false false No definition available. No authoritative reference available. false 63 3 us-gaap_PaymentsToAcquireHeldToMaturitySecurities us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 false false 2 false true -88000000 -88 false false No definition available. No authoritative reference available. false 64 3 aig_PaymentsToAcquireTradingSecuritiesInInvestingActivities aig false credit duration monetary The cash outflow associated with the purchase of trading securities that are part of the entity's investing activities. false false false false false false false false false 1 false true -5256000000 -5256 false false 2 false true -9244000000 -9244 false false The cash outflow associated with the purchase of trading securities that are part of the entity's investing activities. No authoritative reference available. false 65 3 aig_PurchasesOfFlightEquipment aig false credit duration monetary The cash outflow for acquisition of or capital improvements on passenger aircraft, freighter aircraft, or flight equipment. false false false false false false false false false 1 false true -2121000000 -2121 false false 2 false true -2950000000 -2950 false false The cash outflow for acquisition of or capital improvements on passenger aircraft, freighter aircraft, or flight equipment. No authoritative reference available. false 66 3 us-gaap_PaymentsToAcquireOtherInvestments us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -3741000000 -3741 false false 2 false true -11988000000 -11988 false false No definition available. No authoritative reference available. false 67 3 aig_MortgageAndOtherLoansReceivableIssued aig false credit duration monetary The cash outflow associated with mortgage loans on real estate, policy loans and collateral, commercial and guaranteed loans. false false false false false false false false false 1 false true -2614000000 -2614 false false 2 false true -3340000000 -3340 false false The cash outflow associated with mortgage loans on real estate, policy loans and collateral, commercial and guaranteed loans. No authoritative reference available. false 68 3 us-gaap_PaymentsToAcquireFinanceReceivables us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -3344000000 -3344 false false 2 false true -8778000000 -8778 false false No definition available. No authoritative reference available. false 69 3 us-gaap_IncreaseDecreaseInCashCollateralForLoanedSecurities us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 2057000000 2057 false false 2 false true 6315000000 6315 false false No definition available. No authoritative reference available. false 70 3 us-gaap_PaymentsToAcquireProductiveAssets us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -252000000 -252 false false 2 false true -663000000 -663 false false No definition available. No authoritative reference available. false 71 3 aig_IncreaseDecreaseInShortTermInvestmentsNet aig false credit duration monetary The cash flows associated with short-term investments, which consist of interest-bearing cash equivalents, time deposits, and... false false false false false false false false false 1 false true -14369000000 -14369 false false 2 false true -18832000000 -18832 false false The cash flows associated with short-term investments, which consist of interest-bearing cash equivalents, time deposits, and investments with original maturities within one year from the date of purchase, such as commercial paper. No authoritative reference available. false 72 3 aig_ChangeInNonAigfpDerivativeAssetsAndLiabilitiesNet aig false credit duration monetary The cash flows associated with derivative instruments, such as swaps, forwards, options not entered into by broker dealer... false false false false false false false false false 1 false true -304000000 -304 false false 2 false true 186000000 186 false false The cash flows associated with derivative instruments, such as swaps, forwards, options not entered into by broker dealer entities. No authoritative reference available. false 73 3 us-gaap_PaymentsForProceedsFromOtherInvestingActivities us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -29000000 -29 false false 2 false true -177000000 -177 false false No definition available. No authoritative reference available. false 74 3 us-gaap_NetCashProvidedByUsedInInvestingActivities us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 7534000000 7534 false false 2 false true -22140000000 -22140 false false No definition available. No authoritative reference available. true 75 2 us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false No definition available. false 76 3 us-gaap_AdditionsToContractHoldersFunds us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 17534000000 17534 false false 2 false true 33322000000 33322 false false No definition available. No authoritative reference available. false 77 3 us-gaap_WithdrawalFromContractHoldersFunds us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -26369000000 -26369 false false 2 false true -27926000000 -27926 false false No definition available. No authoritative reference available. false 78 3 us-gaap_IncreaseDecreaseInOtherDeposits us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 182000000 182 false false 2 false true 682000000 682 false false No definition available. No authoritative reference available. false 79 3 us-gaap_ProceedsFromRepaymentsOfShortTermDebt us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true -414000000 -414 false false 2 false true 1930000000 1930 false false No definition available. No authoritative reference available. false 80 3 aig_ProceedsFromRepaymentsOfShortTermDebtFrbnyCpff aig false debit duration monetary The net cash inflow (outflow) for borrowings under the FRBNY CPFF having initial term of repayment within one year or the... false false false false false false false false false 1 false true -4118000000 -4118 false false 2 false false 0 0 false false The net cash inflow (outflow) for borrowings under the FRBNY CPFF having initial term of repayment within one year or the normal operating cycle, if longer. No authoritative reference available. false 81 3 aig_ProceedsFromFrbnyCreditFacilityBorrowings aig false debit duration monetary Proceeds from the Federal Reserve Bank of New York line of credit facility with AIG. false false false false false false false false false 1 false true 15700000000 15700 false false 2 false false 0 0 false false Proceeds from the Federal Reserve Bank of New York line of credit facility with AIG. No authoritative reference available. false 82 3 aig_RepaymentsOfFrbnyCreditFacilityBorrowings aig false credit duration monetary Payments on the Federal Reserve Bank of New York credit facility with AIG. false false false false false false false false false 1 false true -12500000000 -12500 false false 2 false false 0 0 false false Payments on the Federal Reserve Bank of New York credit facility with AIG. No authoritative reference available. false 83 3 us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 2558000000 2558 false false 2 false true 55685000000 55685 false false No definition available. No authoritative reference available. false 84 3 us-gaap_RepaymentsOfOtherLongTermDebt us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -10970000000 -10970 false false 2 false true -56645000000 -56645 false false No definition available. No authoritative reference available. false 85 3 aig_ChangeInSecuritiesLendingPayable aig false debit duration monetary Cash flows associated with securities lending payable. false false false false false false false false false 1 false true -1377000000 -1377 false false 2 false true -6919000000 -6919 false false Cash flows associated with securities lending payable. No authoritative reference available. false 86 3 us-gaap_PaymentsToMinorityShareholders us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -264000000 -264 false false 2 false true -193000000 -193 false false No definition available. No authoritative reference available. false 87 3 us-gaap_ProceedsFromMinorityShareholders us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 463000000 463 false false 2 false true 543000000 543 false false No definition available. No authoritative reference available. false 88 3 aig_DrawdownOnDepartmentOfTreasuryCommitment aig false debit duration monetary The cash inflows from borrowings on the Department of the Treasury Commitment. false false false false false false false false false 1 false true 1150000000 1150 false false 2 false false 0 0 false false The cash inflows from borrowings on the Department of the Treasury Commitment. No authoritative reference available. false 89 3 us-gaap_ProceedsFromIssuanceOfCommonStock us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 false false 2 false true 7343000000 7343 false false No definition available. No authoritative reference available. false 90 3 us-gaap_ProceedsFromSaleOfTreasuryStock us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 false false 2 false true 11000000 11 false false No definition available. No authoritative reference available. false 91 3 us-gaap_OriginationOfLoanToPurchaseCommonStock us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 false false 2 false true -1000000000 -1000 false false No definition available. No authoritative reference available. false 92 3 us-gaap_PaymentsOfDividends us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 false false 2 false true -1036000000 -1036 false false No definition available. No authoritative reference available. false 93 3 us-gaap_ProceedsFromPaymentsForOtherFinancingActivities us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true -16000000 -16 false false 2 false true 115000000 115 false false No definition available. No authoritative reference available. false 94 3 us-gaap_NetCashProvidedByUsedInFinancingActivities us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true -18441000000 -18441 false false 2 false true 5912000000 5912 false false No definition available. No authoritative reference available. true 96 3 aig_CashPaidDuringPeriodForAbstract aig false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false No definition available. false 97 4 us-gaap_InterestPaid us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true 3265000000 3265 false false 2 false true 3493000000 3493 false false No definition available. No authoritative reference available. false 98 4 us-gaap_IncomeTaxesPaidNet us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -746000000 -746 false false 2 false true 66000000 66 false false No definition available. No authoritative reference available. false 99 3 aig_NonCashFinancingInvestingActivitiesAbstract aig false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false No definition available. false 100 4 aig_InterestCreditedToPolicyholderAccountsIncludedInFinancingActivities aig false credit duration monetary Interest credited to policyholder accounts included in financing activities false false false false false false false false false 1 false true 7244000000 7244 false false 2 false true 3815000000 3815 false false Interest credited to policyholder accounts included in financing activities No authoritative reference available. false 101 4 aig_TreasuryStockAcquiredUsingPaymentsAdvancedToPurchaseShares aig false credit duration monetary Treasury stock acquired using payments advanced to purchase shares false false false false false false false false false 1 false false 0 0 false false 2 false true 1912000000 1912 false false Treasury stock acquired using payments advanced to purchase shares No authoritative reference available. false 102 4 aig_PresentValueOfFutureContractAdjustmentPaymentsRelatedToIssuanceOfEquityUnits aig false credit duration monetary The noncash adjustments due to the present value of future contract payments related to the issuance of equity untis. ... false false false false false false false false false 1 false false 0 0 false false 2 false true 431000000 431 false false The noncash adjustments due to the present value of future contract payments related to the issuance of equity untis. Noncash is defined as transactions during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. No authoritative reference available. false 103 4 aig_LongTermDebtReductionDueToDeconsolidations aig false debit duration monetary The noncash reduction to long-term debt due to deconsolidations. Noncash is defined as transactions during a period that... false false false false false false false false false 1 false true 1102000000 1102 false false 2 false false 0 0 false false The noncash reduction to long-term debt due to deconsolidations. Noncash is defined as transactions during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. No authoritative reference available. false 104 4 us-gaap_NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false false 0 0 false false 2 true true 153000000 153 false false No definition available. No authoritative reference available. false false 2 99 false Millions UnKnown UnKnown false true XML 23 defnref.xml IDEA: XBRL DOCUMENT No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Gross appreciation or the gross loss in value of the total of unsold fixed maturity investments other than investments which had been determined to have had an other than temporary decline in fair value below its amortized cost basis at the end of an accounting period, net of reclassification adjustments. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The cash inflow associated with mortgage loans on real estate, policy loans and collateral, commercial and guaranteed loans. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Unrealized market valuation losses on AIGFP super senior credit default swap portfolio No authoritative reference available. No authoritative reference available. No authoritative reference available. The cash outflow associated with the purchase of trading securities that are part of the entity's investing activities. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Cash flows associated with securities lending payable. No authoritative reference available. No authoritative reference available. No authoritative reference available. "The cash inflow associated with the sale of trading securities that are part of the entity's investing activities. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The net decrease in noncontrolling interest due to deconsolidation of a subsidiary. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The cash inflows from borrowings on the Department of the Treasury Commitment. No authoritative reference available. No authoritative reference available. No authoritative reference available. Exchange of Series D Preferred Stock for Series E Preferred Stock. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The carrying amount as of the balance sheet date of the following combination (a) the known and estimated amounts owed to insurers under reinsurance treaties or other arrangements and (b) any reserves for outstanding life insurance and accident and health claims, net of applicable reinsurance. No authoritative reference available. The net change in the beginning and end of period of general and life insurance reserve balances; shall be classified as cash flows from operating activities. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The cash outflow for acquisition of or capital improvements on passenger aircraft, freighter aircraft, or flight equipment. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The fair value as of the balance sheet date of liabilities not otherwise specified in the taxonomy. Also serves as the sum of liabilities not individually reported in the financial statements, or not separately disclosed in notes. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The net change during the reporting period in income taxes receivable and accrued income taxes payable. No authoritative reference available. The cash inflow from the sale of passenger aircraft, freighter aircraft, or flight equipment. No authoritative reference available. Value as of the balance sheet date of the consideration for a line of credit facility. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Describes statutory deposits, net investment income, net realized gains and losses, fair value of available for sale and held to maturity securities, non-income producing invested assets, gross unrealized losses on investments, other invested assets and investment in life settlement contracts. No authoritative reference available. The fair value of the liability as of the balance sheet date to the policyholders for deposits held under the terms of insurance contracts. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The noncash reduction to long-term debt due to deconsolidations. Noncash is defined as transactions during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Passenger aircraft, freighter aircraft, and flight equipment stated at cost, net of accumulated depreciation. Major additions, modifications and interest are capitalized. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The cash outflow associated with mortgage loans on real estate, policy loans and collateral, commercial and guaranteed loans. No authoritative reference available. Changes in net unrealized (gains) losses on derivative instruments, such as swaps, forwards, options not entered into by broker dealer entities, and other assets and liabilities. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The cash flows associated with derivative instruments, such as swaps, forwards, options not entered into by broker dealer entities. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The component of interest expense representing the noncash expenses charged against earnings in the period to obtain financing, accrued interest and fees related to the Federal Reserve bank of New York credit facility. No authoritative reference available. Excess of cost over proceeds of stock issued during the period related to share based compensation plans. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Income before income taxes and minority interest. No authoritative reference available. No authoritative reference available. No authoritative reference available. Net gains on sales of securities available for sale and other assets No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The net change between the beginning and ending balance of cash, defined as unrestricted cash available for day-to-day operating needs. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The fair value of mortgage loans on real estate, policy loans and collateral, commercial and guaranteed loans. Mortgage loans on real estate and collateral, commercial and guaranteed loans are carried at unpaid principal balances less credit allowances and plus or minus adjustments for the accretion or amortization of discount or premium. Policy loans are carried at unpaid principal amount. There is no allowance for policy loans because these loans serve to reduce the death benefit paid when the death claim is made and the balances are effectively collateralized by the cash surrender value of the policy. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The cash flows associated with short-term investments, which consist of interest-bearing cash equivalents, time deposits, and investments with original maturities within one year from the date of purchase, such as commercial paper. No authoritative reference available. Treasury stock acquired using payments advanced to purchase shares No authoritative reference available. No authoritative reference available. No authoritative reference available. Noncredit portion of impairment losses on debt securities reclassified to OCI for those securities that meet the criteria to have impairment losses bifurcated between net income (credit losses) and OCI (noncredit losses). No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Interest credited to policyholder accounts included in financing activities No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Unrealized market valuation losses on AIGFP super senior credit default swap portfolio No authoritative reference available. This item represents the net realized and unrealized gains (losses), excluding impairment losses on available-for-sale securities, included in net income for the period as the result of selling or holding invested assets. This item includes the net gain or loss realized from the sale, exchange, redemption or retirement of securities and the unrealized holding gain or loss for certain invested assets. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Disclosure related to equity and earnings per share. Disclosure related to accounts comprising shareholders' equity, including other comprehensive income. Includes: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and pe r share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables; effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure. This element may be used to capture the complete disclosure pertaining to an entity's earnings per share. No authoritative reference available. The carrying value as of the balance sheet date of commercial paper borrowings outstanding with the Federal Reserve Bank of New York in connection with its Commercial Paper Funding Facility program. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The fair value of investments not otherwise specified in the taxonomy. No authoritative reference available. Adjustment to additional paid-in capital for the reclassification of warrants upon adoption of a new accounting principle. No authoritative reference available. No authoritative reference available. No authoritative reference available. The fair value of the aggregate of all deposit liabilities held by the entity, including foreign and domestic, interest and noninterest bearing; may include demand deposits, saving deposits, Negotiable Order of Withdrawal (NOW) and time deposits among others. No authoritative reference available. No authoritative reference available. No authoritative reference available. Includes mortgage loans on real estate, policy loans and collateral, commercial and guaranteed loans. Mortgage loans on real estate and collateral, commercial and guaranteed loans are carried at unpaid principal balances less credit allowances and plus or minus adjustments for the accretion or amortization of discount or premium. Policy loans are carried at unpaid principal amount. There is no allowance for policy loans because these loans serve to reduce the death benefit paid when the death claim is made and the balances are effectively collateralized by the cash surrender value of the policy. No authoritative reference available. No authoritative reference available. No authoritative reference available. Proceeds from the Federal Reserve Bank of New York line of credit facility with AIG. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Represents changes in Additional paid in capital not otherwise specified in the taxonomy. No authoritative reference available. The cost as of the balance sheet date of the assets received as collateral against securities loaned to other broker-dealers. Borrowers of securities generally are required to provide collateral to the lenders of securities, commonly cash but sometimes other securities or standby letters of credit, with a value slightly higher than that of the securities borrowed. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The fair value as of the balance sheet date of commercial paper borrowings outstanding with the Federal Reserve Bank of New York in connection with its Commercial Paper Funding Facility program. No authoritative reference available. The carrying value as of the balance sheet date of the obligations drawn from the Federal Reserve Bank of New York credit facility. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Cumulative effect of initial adoption of new accounting principle on retained earnings, net of taxes, when the adoption takes place during an interim period (other than at the beginning of a fiscal year). No authoritative reference available. No authoritative reference available. No authoritative reference available. This item represents the amount of loss recognized for other than temporary impairments of investments in debt and equity securities, net of noncredit impairment losses on certain debt securities that are recognized in other comprehensive income. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The fair value of other investments not otherwise specified in the taxonomy that will be realized in a short period of time, usually less than one year or the normal operating cycle, whichever is longer. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The sum of the known and estimated amounts payable as of the balance sheet date to life insurance policyholders that relates to insured events which can be viewed as either (a) the present value of future benefits to be paid to or on behalf of policyholders and expenses less the present value of future net premiums payable under the insurance contracts or (b) the accumulated amount of net premiums already collected less the accumulated amount of benefits and expenses already paid to or on behalf of policyholders. Additionally, the amount needed to reflect the estimated ultimate cost of settling claims relating to accident and health insurance insured events that have occurred on or before a particular date (ordinarily, the balance sheet date) and the amount needed to provide for the estimated ultimate cost required to investigate and settle claims relating to insured events that have occurred on or before a particular date (ordinarily, the balance sheet date), whether or not reported to the insurer at that date. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Sales of finance receivables and other loans - held for sale No authoritative reference available. Tax effect of the gross appreciation or the gross loss, net of reclassification adjustment, in the change in value of fixed maturity investments which had been determined to have had an other than temporary decline in fair value below its amortized cost basis during the period. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The total of current income taxes and deferred income taxes. Current income taxes represent the carrying amount as of the balance sheet date of income taxes previously overpaid to tax authorities representing refunds of overpayments or recoveries based on agrred-upon resolutions of disputes. Defered income taxes represent the aggregate tax effects as of the balance sheet date of all future tax deductions arising from temporary differences between tax basis and generally accepted accounting principles basis recognition of assets, liabilities, revenues and expenses, which can only be deducted for tax purposes when permitted under enacted tax laws; net of deducting the allocated valuation allowance, if any, to reduce such amount to net realizable value. No authoritative reference available. Represents (a) changes in the carrying amount, net of allowance for doubtful accounts, of all premiums and other types of receivables due from other persons or entities and (b) changes in the carrying amount of the following combination (1) the known and estimated amounts owed to insurers under reinsurance treaties or other arrangements and (2) any reserves for outstanding life insurance and accident and health claims, net of applicable reinsurance. No authoritative reference available. Tax effect of the gross appreciation or the gross loss, net of reclassification adjustment, in the change in value of fixed maturity investments other than investments on which it had been determined to have had an other than temporary decline in fair value below its amortized cost basis during the period. No authoritative reference available. No authoritative reference available. No authoritative reference available. The net cash inflow (outflow) for borrowings under the FRBNY CPFF having initial term of repayment within one year or the normal operating cycle, if longer. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Including both current and noncurrent portions, the fair value as of the balance-sheet date of other forms of debt not elsewhere specified in the taxonomy with initial maturities beyond one year or beyond the normal operating cycle, if longer. No authoritative reference available. No authoritative reference available. No authoritative reference available. Payments on the Federal Reserve Bank of New York credit facility with AIG. No authoritative reference available. Originations and purchases of Finance receivables and other loans held for sale No authoritative reference available. The cost as of the balance sheet datel of all equity securities which are classified neither as held-to-maturity nor trading securities. No authoritative reference available. The total liquidation preference value of all shares (not per share) that have a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Description containing the entire organization, consolidation, basis of presentation of financial statements and significant accounting policies disclosure. No authoritative reference available. Gross appreciation or the gross loss in value of the total of unsold fixed maturity investments which had been determined to have had an other than temporary decline in fair value below its amortized cost basis at the end of an accounting period, net of reclassification adjustments. No authoritative reference available. No authoritative reference available. No authoritative reference available. The noncash adjustments due to the present value of future contract payments related to the issuance of equity untis. Noncash is defined as transactions during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. XML 24 R13.xml IDEA: Derivatives and Hedge Accounting 1.0.0.3 false Derivatives and Hedge Accounting false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 2 0 aig_NotesToConsolidatedFinancialsAbstract aig false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false No definition available. false 3 1 us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock us-gaap true na duration string No definition available. false false false false false false false false false 1 false false 0 0 <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 206px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=206 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">7.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Derivatives and Hedge Accounting</FONT></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG uses derivatives and other financial instruments as part of its financial risk management programs and as part of its investment operations. AIGFP has also transacted in derivatives as a dealer. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Derivatives, as defined in FAS&nbsp;133, are financial arrangements among two or more parties with returns linked to or &#147;derived&#148; from some underlying equity, debt, commodity or other asset, liability, or foreign exchange rate or other index or the occurrence of a specified payment event. Derivative payments may be based on interest rates, exchange rates, prices of certain securities, commodities, or financial or commodity indices or other variables. Derivatives, with the exception of bifurcated embedded derivatives, are reflected at fair value on the Consolidated Balance Sheet in &#147;Unrealized gain on swaps, options and forward transactions, at fair value&#148; and &#147;Unrealized loss on swaps, options and forward contracts, at fair value.&#148; Bifurcated embedded derivatives are recorded with the host contract on the Consolidated Balance Sheet. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents the notional amounts and fair values of AIG&#146;s derivative instruments:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="59%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Derivative Assets</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Derivative Liabilities</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Notional<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Notional<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Fair<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>At June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Amount<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value<I>(b)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Amount<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Value<I>(b)</I></B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=14><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Derivatives designated as hedging instruments:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Interest rate contracts<I>(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>10,612 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,832 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>3,956 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>387 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Total derivatives designated as hedging instruments</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>10,612 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,832 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,956 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>387 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Derivatives not designated as hedging instruments:</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Interest rate contracts<I>(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>474,399 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>38,884 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>461,437 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>35,007 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Foreign exchange contracts<I>(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>17,579 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>896 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>20,103 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,628 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Equity contracts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>9,435 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,217 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>11,226 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,014 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Commodity contracts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>17,313 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,142 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>16,264 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,011 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Credit contracts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3,847 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>733 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>241,302 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7,972 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other contracts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>39,942 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>723 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>21,453 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,568 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Total derivatives not designated as hedging instruments</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>562,515 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>45,595 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>771,785 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>49,200 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Total derivatives</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>573,127 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>47,427 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>775,741 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>49,587 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Notional amount represents a standard of measurement of the volume of swaps business of AIG. Notional amount is not a quantification of market risk or credit risk and is not recorded on the consolidated balance sheet. Notional amounts generally represent those amounts used to calculate contractual cash flows to be exchanged and are not paid or received, except for certain contracts such as currency swaps and certain credit contracts.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Fair value amounts are shown before the effects of counterparty netting adjustments and offsetting cash collateral in accordance with FIN&nbsp;39.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(c) </I></TD> <TD></TD> <TD vAlign=bottom><I>During the second quarter of 2009, certain cross-currency interest rate swaps previously reported in Foreign exchange contracts were reclassified to Interest rate contracts.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The fair values of derivative assets and liabilities on the Consolidated Balance Sheet were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="77%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Derivative<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Derivative<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left> <DIV style="PADDING-BOTTOM: 1px; WIDTH: 1%; BORDER-BOTTOM: #000000 1px solid"><B>At June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Assets<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Liabilities<I>(b)</I></B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=6><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">AIGFP derivatives </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>44,716 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>47,122 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Non-AIGFP derivatives </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,711 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,465 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total derivatives, gross </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>47,427 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>49,587 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Counterparty netting<I>(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(30,381 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(30,381 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Cash collateral<I>(d)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,667 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13,196 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total derivatives, net </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>11,379 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>6,010 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Included in non-AIGFP derivatives are $141&nbsp;million of bifurcated embedded derivatives of which $138&nbsp;million and $3&nbsp;million, respectively, are recorded in Policyholder contract deposits and Bonds available for sale, at fair value.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Included in non-AIGFP derivatives are $1.1&nbsp;billion of bifurcated embedded derivatives of which $1.1&nbsp;billion, $1&nbsp;million and $1&nbsp;million are recorded in Policyholder contract deposits, Common and preferred stocks available for sale, at fair value, and Bonds available for sale, at fair value, respectively.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(c) </I></TD> <TD></TD> <TD vAlign=bottom><I>Represents netting of derivative exposures covered by a qualifying master netting agreement in accordance with FIN&nbsp;39.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(d) </I></TD> <TD></TD> <TD vAlign=bottom><I>Represents cash collateral posted and received.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Hedge Accounting</FONT></U></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG designated certain derivatives entered into by AIGFP with third parties as either fair value or cash flow hedges of certain debt issued by AIG Parent (including the Matched Investment Program (MIP)), International Lease Finance Corporation (ILFC) and AGF. The fair value hedges included (i)&nbsp;interest rate swaps that were designated as hedges of the change in the fair value of fixed rate debt attributable to changes in the benchmark interest rate and (ii)&nbsp;foreign currency swaps designated as hedges of the change in fair value of foreign currency denominated debt attributable to changes in foreign exchange rates <FONT style="WHITE-SPACE: nowrap">and/or</FONT> the benchmark interest rate. With respect to the cash flow hedges, (i)&nbsp;interest rate swaps were designated as hedges of the changes in cash flows on floating rate debt attributable to changes in the benchmark interest rate, and (ii)&nbsp;foreign currency swaps were designated as hedges of changes in cash flows on foreign currency denominated debt attributable to changes in the benchmark interest rate and foreign exchange rates. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Beginning in the first quarter of 2009, AIG began using debt instruments in net investment hedge relationships to mitigate the foreign exchange risk associated with AIG&#146;s <FONT style="WHITE-SPACE: nowrap">non-U.S.&nbsp;dollar</FONT> functional currency foreign subsidiaries. AIG assesses the hedge effectiveness and measures the amount of ineffectiveness for these hedge relationships based on changes in spot exchange rates. AIG records the change in the carrying amount of these investments in the foreign currency translation adjustment within Accumulated other comprehensive loss. Simultaneously, the effective portion of the hedge of this exposure is also recorded in foreign currency translation adjustment and the ineffective portion, if any, is recorded in earnings. If (1)&nbsp;the notional amount of the hedging debt instrument matches the designated portion of the net investment and (2)&nbsp;the hedging debt instrument is denominated in the same currency as the functional currency of the hedged net investment, no ineffectiveness is recorded in earnings. In the three- and six-month periods ended June&nbsp;30, 2009, AIG recognized losses of $106&nbsp;million and $97&nbsp;million, respectively, included in Foreign currency translation adjustment in Accumulated other comprehensive loss related to the net investment hedge relationships. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents the effect of AIG&#146;s derivative instruments in fair value hedging relationships on the Consolidated Statement of Income (Loss):</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 9pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="24%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="5%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="4%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="5%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="4%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="5%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="4%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Gain (Loss) Recognized<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Gain (Loss)<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Gain (Loss)<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>in Earnings for<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Recognized<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Recognized<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Ineffective Portion&nbsp;and<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>in Earnings on<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>in Earnings on<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Amount&nbsp;Excluded from<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=7><B>Derivative</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=7><B>Hedged Item</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=7><B>Effectiveness Testing</B> </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Three<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Six&nbsp;Months<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Three<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Six&nbsp;Months<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Three<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Six&nbsp;Months<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Months&nbsp;Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Months&nbsp;Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Months&nbsp;Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Ended<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,&nbsp;2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,&nbsp;2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,&nbsp;2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,&nbsp;2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,&nbsp;2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,&nbsp;2009</B> </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt">Interest rate contracts<I>(a)(b)(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>66 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>(470 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>(93 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>568 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>(38 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>87 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV><!-- callerid=999 iwidth=456 length=60 --> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Gains and losses recognized in earnings on derivatives and hedged items are recorded in Interest expense. Gains and losses recognized in earnings on derivatives for the ineffective portion and amounts excluded from effectiveness testing are recorded in Net realized capital losses and Other income, respectively.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Includes $(28)&nbsp;million and $92&nbsp;million, respectively, for the three- and six-month periods ended June&nbsp;30, 2009 related to the ineffective portion and $(10)&nbsp;million and $(5)&nbsp;million, respectively, for the three- and six-month periods ended June&nbsp;30, 2009 for amounts excluded from effectiveness testing.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(c) </I></TD> <TD></TD> <TD vAlign=bottom><I>During the second quarter of 2009, certain cross-currency interest rate swaps previously reported in Foreign exchange contracts were reclassified to Interest rate contracts.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents the effect of AIG&#146;s derivative instruments in cash flow hedging relationships on the Consolidated Statement of Income (Loss):</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="47%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="2%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="2%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="2%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="2%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="2%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="2%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="2%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Gains (Losses)<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Gains (Losses)<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Gains (Losses)<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Recognized in OCI<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Reclassified<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>Recognized in Earnings<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>on Derivatives<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>from Accumulated<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=7><B>on Derivatives for<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=7><B>and Hedged Items</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=7><B>OCI into Earnings<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=7><B>Ineffective Portion</B> </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Three<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Six<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Three<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Six<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Three<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Six<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Months<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Months<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Months<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Months<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Months<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Months<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Ended<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>Ended<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=3><B>June&nbsp;30,<BR></B></TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>2009</B> </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=3><B>2009</B> </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=23><B>(In millions)</B> </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Interest rate contracts<I>(b)(c)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>19 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>72 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>(28 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>(1 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>$ </TD> <TD vAlign=bottom noWrap align=right>(1 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>The effective portion of the change in fair value of a derivative qualifying as a cash flow hedge is recorded in Accumulated other comprehensive loss until earnings are affected by the variability of cash flows in the hedged item. At June&nbsp;30, 2009, $88&nbsp;million of the deferred net loss in Accumulated other comprehensive loss is expected to be recognized in earnings during the next 12&nbsp;months.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>Gains and losses reclassified from Accumulated other comprehensive loss are recorded in Other income. Gains or losses recognized in earnings on derivatives for the ineffective portion are recorded in Net realized capital losses.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(c) </I></TD> <TD></TD> <TD vAlign=bottom><I>During the second quarter of 2009, certain cross-currency interest rate swaps previously reported in Foreign exchange contracts were reclassified to Interest rate contracts.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Derivatives Not Designated as Hedging Instruments</FONT></U></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table presents the effect of AIG&#146;s derivative instruments not designated as hedging instruments on the Consolidated Statement of Income (Loss):</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="63%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="15%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="13%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=6><B>Gains (Losses) Recognized in Earnings<I>(a)</I></B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Three Months Ended<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Six Months Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=6><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Interest rate contracts<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(87 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,339 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Foreign exchange contracts<I>(b)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,189 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,136 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Equity contracts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>67 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>206 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Commodity contracts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(73 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>72 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Credit contracts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>530 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>267 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Other contracts </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>559 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>571 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(193 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>1,319 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Represents gains of $638&nbsp;million and $1,295&nbsp;million, respectively, for the three- and six-month periods ended June&nbsp;30, 2009 recorded in Net realized capital gains, and losses of $831&nbsp;million and gains of $24&nbsp;million, respectively, for the three- and six-month periods ended June&nbsp;30, 2009, recorded in Other income.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>During the second quarter of 2009, certain cross-currency interest rate swaps previously reported in Foreign exchange contracts were reclassified to Interest rate contracts.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">AIGFP Derivatives</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP enters into derivative transactions to mitigate risk in its exposures (interest rates, currencies, commodities, credit and equities) arising from its transactions. In most cases, AIGFP did not hedge its exposures related to the credit default swaps it had written. As a dealer, AIGFP structured and entered into derivative transactions to meet the needs of counterparties who may be seeking to hedge certain aspects of such counterparties&#146; operations or obtain a desired financial exposure. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP&#146;s derivative transactions involving interest rate swap transactions generally involve the exchange of fixed and floating rate interest payment obligations without the exchange of the underlying notional amounts. AIGFP typically became a principal in the exchange of interest payments between the parties and, therefore, is exposed to counterparty credit risk and may be exposed to loss, if counterparties default. Currency, commodity, and equity swaps are similar to interest rate swaps, but involve the exchange of specific currencies or cashflows based on the underlying commodity, equity securities or indices. Also, they may involve the exchange of notional amounts at the beginning and end of the transaction. Swaptions are options where the holder has the right but not the obligation to enter into a swap transaction or cancel an existing swap transaction. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP follows a policy of minimizing interest rate, currency, commodity, and equity risks associated with investment securities by entering into internal offsetting positions, on a security by security basis within its derivatives portfolio, thereby offsetting a significant portion of the unrealized appreciation and depreciation. In addition, to reduce its credit risk, AIGFP has entered into credit derivative transactions with respect to $579&nbsp;million of securities to economically hedge its credit risk. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Futures and forward contracts are contracts that obligate the holder to sell or purchase foreign currencies, commodities or financial indices in which the seller/purchaser agrees to make/take delivery at a specified future date of a specified instrument, at a specified price or yield. Options are contracts that allow the holder of the option to purchase or sell the underlying commodity, currency or index at a specified price and within, or at, a specified period of time. As a writer of options, AIGFP generally receives an option premium and then manages the risk of any unfavorable change in the value of the underlying commodity, currency or index by entering into offsetting transactions with third-party market participants. Risks arise as a result of movements in current market prices from contracted prices, and the potential inability of the counterparties to meet their obligations under the contracts. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">AIGFP Super Senior Credit Default Swaps</FONT></U></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP entered into credit default swap transactions with the intention of earning revenue on credit exposure. In the majority of AIGFP&#146;s credit default swap transactions, AIGFP sold credit protection on a designated portfolio of loans or debt securities. Generally, AIGFP provides such credit protection on a &#147;second loss&#148; basis, meaning that AIGFP would incur credit losses only after a shortfall of principal <FONT style="WHITE-SPACE: nowrap">and/or</FONT> interest, or other credit events, in respect of the protected loans and debt securities, exceeds a specified threshold amount or level of &#147;first losses.&#148; </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Typically, the credit risk associated with a designated portfolio of loans or debt securities has been tranched into different layers of risk, which are then analyzed and rated by the credit rating agencies. At origination, there is usually an equity layer covering the first credit losses in respect of the portfolio up to a specified percentage of the total portfolio, and then successive layers ranging generally from a BBB-rated layer to one or more AAA-rated layers. A significant majority of AIGFP transactions that were rated by rating agencies had risk layers or tranches rated AAA at origination and are immediately junior to the threshold level above which AIGFP&#146;s payment obligation would generally arise. In transactions that were not rated, AIGFP applied equivalent risk criteria for setting the threshold level for its payment obligations. Therefore, the risk layer assumed by AIGFP with respect to the designated portfolio of loans or debt securities in these transactions is often called the &#147;super senior&#148; risk layer, defined as a layer of credit risk senior to one or more risk layers rated AAA by the credit rating agencies, or if the transaction is not rated, structured to the equivalent thereto. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The net notional amount, fair value of derivative liability and unrealized market valuation gain (loss) of the AIGFP super senior credit default swap portfolio, including credit default swaps written on mezzanine tranches of certain regulatory capital relief transactions, by asset class were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="33%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="1%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="6%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=08 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=08 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=08 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=08 type=hang1 --> <TD width="1%">&nbsp;</TD><!-- colindex=09 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=09 type=lead --> <TD align=right width="5%">&nbsp;</TD><!-- colindex=09 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=09 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=14><B>Unrealized Market Valuation<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Fair Value<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=14><B>Gain (Loss)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>of Derivative<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Three Months<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Six Months<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>Net Notional Amount</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>Liability at</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Ended<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=6><B>Ended<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>June&nbsp;30,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>December&nbsp;31,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>June 30,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>December&nbsp;31,<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=6><B>June&nbsp;30,</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009<I>(a)(b)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008<I>(a)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009<I>(b)(c)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008<I>(c)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009<I>(d)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008<I>(d)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2009<I>(d)</I></B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>2008<I>(d)</I></B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=30><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Regulatory Capital: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Corporate loans </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>83,301</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>125,628 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Prime residential mortgages </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>92,130 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>107,246 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other<I>(e)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,042</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1,575 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>47</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>379 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>23</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(125 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(125 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>177,473</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>234,449 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>47</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>379 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>23</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(125 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(125 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Arbitrage: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Multi-sector CDOs<I>(f)(g)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>9,151</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>12,556 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5,271 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5,906 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(284</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,569 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1,093</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13,606 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Corporate debt/CLOs<I>(h)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>40,941</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>50,495 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,104</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2,554 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>792 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>126 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1,150 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(770 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>50,092</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>63,051 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>6,375 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8,460 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>508 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5,443 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>57</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(14,376 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Mezzanine tranches<I>(i)</I> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>3,501</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,701 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>77</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>195 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>105</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>118</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(171 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Total </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>231,066</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>302,201 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>6,499</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>9,034 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>636</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(5,565 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>184</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(14,672 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 1pt; MARGIN-LEFT: 0%; WIDTH: 13%; BORDER-BOTTOM: #000000 1pt solid; align: left"></DIV> <DIV style="MARGIN-TOP: 3pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="2%"></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(a) </I></TD> <TD></TD> <TD vAlign=bottom><I>Net notional amounts presented are net of all structural subordination below the covered tranches.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(b) </I></TD> <TD></TD> <TD vAlign=bottom><I>During the second quarter of 2009, AIGFP terminated certain CDS transactions with its counterparties with a net notional amount of $11.4&nbsp;billion, comprised of $1.5&nbsp;billion in Regulatory Capital&nbsp;&#151; Other, $2.8&nbsp;billion in Multi-sector CDOs and $7.1&nbsp;billion in Corporate debt/CLOs. These transactions were terminated at approximately their fair value at the time of the termination. As a result, a $2.4&nbsp;billion loss, which was previously included in the fair value derivative liability as an unrealized market valuation loss, was realized.</I></TD> <TD width="1%"></TD> <TD width="97%"></TD></TR> <TR> <TD vAlign=top align=right><I>(c) </I></TD> <TD></TD> <TD vAlign=bottom><I>Fair value amounts are shown before the effects of counterparty netting adjustments and offsetting cash collateral in accordance with FIN&nbsp;39.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(d) </I></TD> <TD></TD> <TD vAlign=bottom><I>Includes credit valuation adjustment loss of $17&nbsp;million and gain of $44&nbsp;million in the three-month periods ended June&nbsp;30, 2009 and 2008, respectively, and credit valuation adjustment gains of $89&nbsp;million and $109&nbsp;million in the six-month periods ended June&nbsp;30, 2009 and 2008, respectively, representing the effect of changes in AIG&#146;s credit spreads on the valuation of the derivatives liabilities.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(e) </I></TD> <TD></TD> <TD vAlign=bottom><I>During the first six months of 2009, AIGFP reclassified one regulatory capital CDS transaction from Regulatory Capital&nbsp;&#151; Corporate loans to Regulatory Capital&nbsp;&#151; Other, given the higher likelihood that it will not be terminated when the regulatory capital benefit expires for the counterparty.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(f) </I></TD> <TD></TD> <TD vAlign=bottom><I>Includes $6.5&nbsp;billion and $9.7&nbsp;billion in net notional amount of credit default swaps written with cash settlement provisions at June&nbsp;30, 2009 and December&nbsp;31, 2008, respectively.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(g) </I></TD> <TD></TD> <TD vAlign=bottom><I>During the fourth quarter of 2008, AIGFP terminated the majority of the CDS transactions written on multi-sector CDOs in connection with the ML III transaction.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(h) </I></TD> <TD></TD> <TD vAlign=bottom><I>Includes $1.5&nbsp;billion in net notional amount of credit default swaps written on the super senior tranches of CLOs as of both June&nbsp;30, 2009 and December&nbsp;31, 2008.</I></TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp;</TD></TR> <TR> <TD vAlign=top align=right><I>(i) </I></TD> <TD></TD> <TD vAlign=bottom><I>Net of offsetting purchased CDS of $1.7&nbsp;billion and $2.0&nbsp;billion in net notional amount at June&nbsp;30, 2009 and December&nbsp;31, 2008, respectively.</I></TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>All outstanding CDS transactions for regulatory capital purposes and the majority of the arbitrage portfolio have cash-settled structures in respect of a basket of reference obligations, where AIGFP&#146;s payment obligations, other than for posting collateral, may be triggered by payment shortfalls, bankruptcy and certain other events such as write-downs of the value of underlying assets. For the remainder of the CDS transactions in respect of the arbitrage portfolio, AIGFP&#146;s payment obligations are triggered by the occurrence of a credit event under a single reference security, and performance is limited to a single payment by AIGFP in return for physical delivery by the counterparty of the reference security. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The expected weighted average maturity of AIGFP&#146;s super senior credit derivative portfolios as of June&nbsp;30, 2009 was 0.8&nbsp;years for the regulatory capital corporate loan portfolio, 0.7&nbsp;years for the regulatory capital prime residential mortgage portfolio, 6.3&nbsp;years for the regulatory capital other portfolio, 5.6&nbsp;years for the multi-sector CDO arbitrage portfolio and 3.2&nbsp;years for the corporate debt/CLO portfolio. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Regulatory Capital Portfolio</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>A total of $177.5&nbsp;billion in net notional amount of AIGFP&#146;s super senior credit default swap portfolio as of June&nbsp;30, 2009 represented derivatives written for financial institutions, principally in Europe, for the purpose of providing regulatory capital relief rather than for arbitrage purposes. In exchange for a periodic fee, the counterparties receive credit protection with respect to a portfolio of diversified loans they own, thus reducing their minimum capital requirements. These CDS transactions were structured with early termination rights for counterparties allowing them to terminate these transactions at no cost to AIGFP at a certain period of time or upon a regulatory event such as the implementation of the Revised Framework for the International Convergence of Capital Measurement and Capital Standards issued by the Basel Committee on Banking Supervision, or Basel&nbsp;II. During the six-month period ended June&nbsp;30, 2009, $47.3&nbsp;billion in net notional amount was terminated or matured. Through July&nbsp;31, 2009, AIGFP has also received a formal termination notice for an additional $2.8&nbsp;billion in net notional amount with an effective termination date in 2009. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The regulatory capital relief CDS transactions require cash settlement and, other than for collateral posting, AIGFP is required to make a payment in connection with a regulatory capital relief transaction only if realized credit losses in respect of the underlying portfolio exceed AIGFP&#146;s attachment point. </DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>All of the regulatory capital transactions directly or indirectly reference tranched pools of large numbers of whole loans that were originated by the financial institution (or its affiliates) receiving the credit protection, rather than structured securities containing loans originated by other third parties. In the vast majority of transactions, the loans are intended to be retained by the originating financial institution and in all cases the originating financial institution is the purchaser of the CDS, either directly or through an intermediary. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The super senior tranches of these CDS transactions continue to be supported by high levels of subordination, which, in most instances, have increased since origination. The weighted average subordination supporting the European residential mortgage and corporate loan referenced portfolios at June&nbsp;30, 2009 was 13.57&nbsp;percent and 18.63&nbsp;percent, respectively. The highest level of realized losses to date in any single residential mortgage and corporate loan pool was 2.19&nbsp;percent and 0.52&nbsp;percent, respectively. The corporate loan transactions are each comprised of several hundred secured and unsecured loans diversified by industry and, in some instances, by country, and have per-issuer concentration limits. Both types of transactions generally allow some substitution and replenishment of loans, subject to defined constraints, as older loans mature or are prepaid. These replenishment rights generally mature within the first few years of the trade, after which the proceeds of any prepaid or maturing loans are applied first to the super senior tranche (sequentially), thereby increasing the relative level of subordination supporting the balance of AIGFP&#146;s super senior CDS exposure. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Given the current performance of the underlying portfolios, the level of subordination and AIGFP&#146;s own assessment of the credit quality of the underlying portfolio, as well as the risk mitigants inherent in the transaction structures, AIGFP does not expect that it will be required to make payments pursuant to the contractual terms of those transactions providing regulatory relief. Further, AIGFP expects that counterparties will terminate these transactions prior to their maturity. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Arbitrage Portfolio</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>A total of $50.1&nbsp;billion and $63.1&nbsp;billion in net notional amount on AIGFP&#146;s super senior credit default swaps as of June&nbsp;30, 2009 and December&nbsp;31, 2008, respectively, are arbitrage-motivated transactions written on multi-sector CDOs or designated pools of investment grade senior unsecured corporate debt or CLOs. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The outstanding multi-sector CDO CDS portfolio at June&nbsp;30, 2009 was written on CDO transactions that generally held a concentration of RMBS, CMBS and inner CDO securities. At June&nbsp;30, 2009, approximately $4.2&nbsp;billion net notional amount (fair value liability of $2.8&nbsp;billion) of this portfolio was written on super senior multi-sector CDOs that contain some level of <FONT style="WHITE-SPACE: nowrap">sub-prime</FONT> RMBS collateral, with a concentration in the 2005 and earlier vintages of <FONT style="WHITE-SPACE: nowrap">sub-prime</FONT> RMBS. AIGFP&#146;s portfolio also included both high grade and mezzanine CDOs. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The majority of multi-sector CDO CDS transactions require cash settlement and, other than for collateral posting, AIGFP is required to make a payment in connection with such transactions only if realized credit losses in respect of the underlying portfolio exceed AIGFP&#146;s attachment point. In the remainder of the portfolio, AIGFP&#146;s payment obligations are triggered by the occurrence of a credit event under a single reference security, and performance is limited to a single payment by AIGFP in return for physical delivery by the counterparty of the reference security. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Included in the multi-sector CDO portfolio are <FONT style="WHITE-SPACE: nowrap">2a-7</FONT> Puts. Holders of securities are required, in certain circumstances, to tender their securities to the issuer at par. If an issuer&#146;s remarketing agent is unable to resell the securities so tendered, AIGFP must purchase the securities at par so long as the security has not experienced a payment default or certain bankruptcy events with respect to the issuer of such security have not occurred. At both June&nbsp;30, 2009 and December&nbsp;31, 2008, <FONT style="WHITE-SPACE: nowrap">2a-7</FONT> Puts with a net notional amount of $1.7&nbsp;billion were outstanding. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Included in these amounts are $242&nbsp;million in net notional amount subject to <FONT style="WHITE-SPACE: nowrap">2a-7</FONT> Puts that may be exercised in 2009. ML III has agreed for the remainder of 2009 to not sell any multi-sector CDOs in 2009 that are subject to a <FONT style="WHITE-SPACE: nowrap">2a-7</FONT> Put and to either not exercise its put option on such multi-sector CDOs or to simultaneously exercise its par put option with a par purchase of the multi-sector CDO securities. In exchange, AIG Financial Products Corp. agreed to pay to ML&nbsp;III the consideration that it received for providing the put protection. AIG Financial Products Corp. and ML&nbsp;III are working to find a long-term solution for the <FONT style="WHITE-SPACE: nowrap">2a-7</FONT> Put obligations. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The corporate arbitrage portfolio consists principally of CDS transactions written on portfolios of senior unsecured corporate obligations that were generally rated investment grade at inception of the CDS. These CDS transactions require cash settlement. Also, included in this portfolio are CDS transactions with a net notional of $1.5&nbsp;billion written on the senior part of the capital structure of CLOs, which require physical settlement. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Certain of the super senior credit default swaps provide the counterparties with an additional termination right if AIG&#146;s rating level falls to BBB or Baa2. At that level, counterparties to the CDS transactions with a net notional amount of $23.9&nbsp;billion at June&nbsp;30, 2009 have the right to terminate the transactions early. If counterparties exercise this right, the contracts provide for the counterparties to be compensated for the cost to replace the transactions, or an amount reasonably determined in good faith to estimate the losses the counterparties would incur as a result of the termination of the transactions. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Due to long-term maturities of the CDS in the arbitrage portfolio, AIG is unable to make reasonable estimates of the periods during which any payments would be made. However, the net notional amount represents the maximum exposure to loss on the super senior credit default swap portfolio. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Collateral</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Most of AIGFP&#146;s super senior credit default swaps are subject to collateral posting provisions, which typically are governed by International Swaps and Derivatives Association, Inc. (ISDA) Master Agreements (Master Agreements) and related Credit Support Annexes (CSA). These provisions differ among counterparties and asset classes. AIGFP has received collateral calls from counterparties in respect of certain super senior credit default swaps, of which a large majority relate to multi-sector CDOs. To a lesser extent, AIGFP has also received collateral calls in respect of certain super senior credit default swaps entered into by counterparties for regulatory capital relief purposes and in respect of corporate arbitrage. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The amount of future collateral posting requirements is a function of AIG&#146;s credit ratings, the rating of the reference obligations and any further decline in the market value of the relevant reference obligations, with the latter being the most significant factor. While a high level of correlation exists between the amount of collateral posted and the valuation of these contracts in respect of the arbitrage portfolio, a similar relationship does not exist with respect to the regulatory capital portfolio given the nature of how the amount of collateral for these transactions is determined. Given the severe market disruption, lack of observable data and the uncertainty regarding the potential effects on market prices of measures recently undertaken by the federal government to address the credit market disruption, AIGFP is unable to reasonably estimate the amounts of collateral that it may be required to post in the future. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>At June&nbsp;30, 2009 and December&nbsp;31, 2008, the amount of collateral postings with respect to AIGFP&#146;s super senior credit default swap portfolio (prior to offsets for other transactions) was $6.3&nbsp;billion and $8.8&nbsp;billion, respectively. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">AIGFP Written Single Name Credit Default Swaps</FONT></U></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP has also entered into credit default swap contracts referencing single-name exposures written on corporate, index, and asset-backed credits, with the intention of earning spread income on credit exposure. Some of these transactions were entered into as part of a long short strategy allowing AIGFP to earn the net spread between CDS they wrote and ones they purchased. At June&nbsp;30, 2009, the net notional amount of these written CDS contracts was $4.4&nbsp;billion, with an average credit rating of BBB. AIGFP has hedged these exposures by purchasing offsetting CDS contracts of $1.4&nbsp;billion in net notional amount with identical reference obligations. The net unhedged position of approximately $3.0&nbsp;billion represents the maximum exposure to loss on these CDS contracts. The average maturity of the written CDS contracts is 4.8&nbsp;years. At June&nbsp;30, 2009, the fair value of derivative liability (which represents the carrying value) of the portfolio of CDS was $1.1&nbsp;billion. </DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Upon a triggering event (e.g., a default) with respect to the underlying credit, AIGFP would normally have the option to settle the position through an auction process (cash settle) or pay the notional amount of the contract to the counterparty in exchange for a bond issued by the underlying credit obligor (physical settle). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIGFP wrote these written CDS contracts under Master Agreements. The majority of these Master Agreements include Credit Support Annexes, which provide for collateral postings at various ratings and threshold levels. At June&nbsp;30, 2009, AIGFP had posted $1.0&nbsp;billion of collateral under these contracts. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Non-AIGFP Derivatives</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG and its subsidiaries (other than AIGFP) also use derivatives and other instruments as part of their financial risk management programs. Interest rate derivatives (such as interest rate swaps) are used to manage interest rate risk associated with investments in fixed income securities, commercial paper issuances, medium- and long-term note offerings, and other interest rate sensitive assets and liabilities. In addition, foreign exchange derivatives (principally cross currency swaps, forwards and options) are used to economically mitigate risk associated with <FONT style="WHITE-SPACE: nowrap">non-U.S.</FONT> dollar denominated debt, net capital exposures and foreign exchange transactions. The derivatives are effective economic hedges of the exposures they are meant to offset. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In addition to hedging activities, AIG also uses derivative instruments with respect to investment operations, which include, among other things, credit default swaps, and purchasing investments with embedded derivatives, such as equity linked notes and convertible bonds. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Matched Investment Program Written Credit Default Swaps</FONT></U></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The MIP has entered into CDS contracts as a writer of protection, with the intention of earning spread income on credit exposure in an unfunded form. The portfolio of CDS contracts were single-name exposures and, at inception, were predominantly high grade corporate credits. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The MIP invested in written CDS contracts through an affiliate which then transacts directly with unaffiliated third parties under ISDA agreements. As of June&nbsp;30, 2009, the notional amount of written CDS contracts was $4.1&nbsp;billion with an average credit rating of BBB+. The average maturity of the written CDS contracts is 2.9&nbsp;years as of June&nbsp;30, 2009. As of June&nbsp;30, 2009, the fair value of the derivative liability (which represents the carrying value) of the MIP&#146;s written CDS was $(127.8)&nbsp;million. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The majority of the ISDA agreements include credit support annex provisions, which provide for collateral postings at various ratings and threshold levels. At June&nbsp;30, 2009, $55.3&nbsp;million of collateral was posted for CDS contracts related to the MIP. The notional amount represents the maximum exposure to loss on the written CDS contracts. However, due to the average investment grade rating and expected default recovery rates, actual losses are expected to be less. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Upon a triggering event (e.g., a default) with respect to the underlying credit, the MIP would normally have the option to settle the position through an auction process (cash settlement) or pay the notional amount of the contract to the counterparty in exchange for a bond issued by the underlying credit (physical settlement). </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><U><FONT style="FONT-FAMILY: 'Times New Roman', Times">Credit Risk-Related Contingent Features</FONT></U></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG holds certain credit risk-related contingent features with various counterparties in relation to its derivative transactions that are in a net liability position at June&nbsp;30, 2009. These features are predominantly limited to additional collateral posting requirements contingent upon downgrade of AIG&#146;s credit rating. In addition, AIG attempts to reduce credit risk with certain counterparties by entering into agreements that enable collateral to be obtained from a counterparty on an upfront or contingent basis. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The aggregate fair value of AIG&#146;s derivative instruments, including those of AIGFP, that contain credit risk-related contingent features that are in a net liability position at June&nbsp;30, 2009 was approximately $16.7&nbsp;billion. The aggregate fair value of assets posted as collateral at June&nbsp;30, 2009, was $17.1&nbsp;billion. See Note&nbsp;4 to the Consolidated Financial Statements herein. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>It is estimated that as of the close of business on June&nbsp;30, 2009, based on AIG&#146;s outstanding financial derivative transactions, including those of AIGFP at that date, a one-notch downgrade of AIG&#146;s long-term senior debt ratings to Baa1 by Moody&#146;s Investors Service (Moody&#146;s) and BBB+ by Standard&nbsp;&amp; Poor&#146;s, a division of The McGraw-Hill Companies, Inc. (S&amp;P), would permit counterparties to make additional collateral calls and permit the counterparties to elect early termination of contracts, resulting in up to approximately $2.9&nbsp;billion of corresponding collateral postings and termination payments, a two-notch downgrade to Baa2 by Moody&#146;s and BBB by S&amp;P would result in approximately $2.2&nbsp;billion in additional collateral postings and termination payments, and a three-notch downgrade to Baa3 by Moody&#146;s and BBB- by S&amp;P would result in approximately $1.3&nbsp;billion in additional collateral and termination payments. The actual termination payments could significantly differ from management&#146;s estimates given the level of uncertainty in estimating both the number of counterparties who may elect to exercise their right to terminate and the payment that may be triggered in connection with any such exercise. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>See Note&nbsp;10 to the Consolidated Financial Statements in the 2008 Financial Statements for additional information on derivatives. </DIV></BODY></HTML> 7.&nbsp;&nbsp; Derivatives and Hedge Accounting &nbsp; AIG uses derivatives and other financial instruments as part of its financial risk false false No definition available. 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M````"````',` XML 29 R7.xml IDEA: Summary of Significant Accounting Policies 1.0.0.3 false Summary of Significant Accounting Policies false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 2 0 aig_NotesToConsolidatedFinancialsAbstract aig false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false No definition available. false 3 1 aig_OrganizationConsolidationAndPresentationOfFinancialStatementsAndSignificantAccountingPoliciesDisclosureTextBlock aig false na duration string Description containing the entire organization, consolidation, basis of presentation of financial statements and significant... false false false false false false false false false 1 false false 0 0 <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 288px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=288 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">1.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Summary of Significant Accounting Policies</FONT></B> </TD></TR></TBODY></TABLE><!-- XBRL,body --> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Basis of Presentation</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>These unaudited condensed consolidated financial statements do not include all disclosures required by accounting principles generally accepted in the United States (GAAP) for complete consolidated financial statements and should be read in conjunction with the audited consolidated financial statements and the related notes included in the <FONT style="WHITE-SPACE: nowrap">Form&nbsp;8-K</FONT> filed on June&nbsp;29, 2009 (the 2008 Financial Statements). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In the opinion of management, these consolidated financial statements contain the normal recurring adjustments necessary for a fair statement of the results presented herein. AIG evaluated the need to disclose events that occurred subsequent to the balance sheet date through August&nbsp;7, 2009, the date the financial statements were issued. All material intercompany accounts and transactions have been eliminated. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Going Concern Considerations</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In the 2008 Financial Statements, management disclosed the conditions and events that led management to conclude that AIG would have adequate liquidity to finance and operate AIG&#146;s businesses, execute its asset disposition plan and repay its obligations for at least the next twelve months. On March&nbsp;2, 2009, the United States government issued the following statement referring to the March 2009 agreements in principle and other transactions they expected to be undertaken with AIG (many of which were subsequently taken) to strengthen AIG&#146;s capital position, enhance its liquidity, reduce its borrowing costs and facilitate its asset disposition program. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 8%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 8%; FONT-FAMILY: 'Times New Roman', Times" align=left>&#147;The steps announced today provide tangible evidence of the U.S. government&#146;s commitment to the orderly restructuring of AIG over time in the face of continuing market dislocations and economic deterioration. Orderly restructuring is essential to AIG&#146;s repayment of the support it has received from U.S. taxpayers and to preserving financial stability. The U.S. government is committed to continuing to work with AIG to maintain its ability to meet its obligations as they come due.&#148; </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Liquidity of Parent and Subsidiaries</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG manages liquidity at both the parent and subsidiary levels. Since the fourth quarter of 2008, AIG has not had access to its traditional sources of long-term or short-term financing through the public debt markets. Further, in light of the performance of AIG&#146;s common stock, AIG does not expect to be able to issue equity securities for cash in the public markets in the foreseeable future. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Historically, AIG depended on dividends, distributions, and other payments from subsidiaries to fund payments on its obligations. In light of AIG&#146;s current financial situation, many of its regulated subsidiaries are restricted from making dividend payments, or advancing funds, to AIG. As a result, AIG has been dependent on the facility (the FRBNY Facility) provided by the Federal Reserve Bank of New York (FRBNY) under the Credit Agreement, dated as of September&nbsp;22, 2008 (as amended, the FRBNY Credit Agreement), between AIG and the FRBNY, the FRBNY&#146;s Commercial Paper Funding Facility (CPFF) and other transactions with the FRBNY and the United States Department of the Treasury (the Department of the Treasury) as its primary sources of liquidity. Primary uses of cash flow are for debt service and subsidiary funding. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Certain subsidiaries also have been dependent on the FRBNY and the Department of the Treasury to meet collateral posting requirements, to make debt repayments as amounts come due, and to meet capital or liquidity requirements at the insurance companies (primarily in the Life Insurance&nbsp;&amp; Retirement Services segment) and financial services operations. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Progress on Management&#146;s Plans for Stabilization of AIG and Repayment of AIG&#146;s Obligations as They Come Due</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In the first six months of 2009, AIG took a number of steps to execute its plans to provide stability to its businesses and provide for the timely repayment of the FRBNY Facility. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Transactions with the FRBNY</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FRBNY Credit Agreement Amendment</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On April&nbsp;17, 2009, AIG and the FRBNY entered into an Amendment No.&nbsp;3 to the FRBNY Credit Agreement. The FRBNY Credit Agreement was amended, among other things, to remove the minimum 3.5&nbsp;percent LIBOR borrowing rate floor. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">AIA Purchase Agreement</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On June&nbsp;25, 2009, AIG and American International Reinsurance Company, Limited (AIRCO) entered into a Purchase Agreement (the AIA Purchase Agreement) with the FRBNY pursuant to which, among other things, (1)&nbsp;AIRCO will transfer (or cause to be transferred) 100&nbsp;percent of the common stock of American International Assurance Company, Limited (AIA) to a newly-formed Delaware limited liability company (AIA LLC), (2)&nbsp;AIRCO and AIG will retain 100&nbsp;percent of the common interests of AIA LLC and (3)&nbsp;the FRBNY will receive 100&nbsp;percent of the preferred interests of AIA LLC. As consideration for the preferred interests in AIA LLC to be received by the FRBNY, there will be a reduction of $16&nbsp;billion in the outstanding balance of the FRBNY Facility and the maximum amount available to be borrowed thereunder (provided the maximum amount available under the FRBNY Facility will not be less than $25&nbsp;billion as a result of such reduction). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The common interests will entitle AIG and AIRCO to 100&nbsp;percent of the voting power of AIA LLC, including the right to appoint the entire board of directors of AIA LLC. The preferred interests will entitle the FRBNY to veto rights over certain significant actions by AIA LLC and its subsidiaries and the right, subject to certain restrictions, to compel AIA LLC to take certain actions, including an initial public offering of the company or a sale of the company. The preferred interests received by the FRBNY will have a liquidation preference of $16&nbsp;billion and will accrue a return of 5&nbsp;percent per annum until September&nbsp;22, 2013 and thereafter 9&nbsp;percent per annum. Upon a liquidation or sale of AIA LLC, after payment is made for the liquidation preference and accrued dividends on the preferred interests and the initial value relating to the common interests, AIG is entitled to 99&nbsp;percent of the remaining proceeds and the FRBNY is entitled to 1&nbsp;percent. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The transactions contemplated by the AIA Purchase Agreement are subject to certain conditions, including regulatory approvals, the closing of the transactions contemplated by the ALICO Purchase Agreement (described below) and certain other conditions. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">ALICO Purchase Agreement</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On June&nbsp;25, 2009, AIG entered into a Purchase Agreement (the ALICO Purchase Agreement) with the FRBNY pursuant to which, among other things, (1)&nbsp;AIG will transfer (or cause to be transferred) 100&nbsp;percent of the common stock of American Life Insurance Company (ALICO) to a newly-formed Delaware limited liability company, ALICO Holdings LLC (ALICO LLC), (2)&nbsp;AIG will retain 100&nbsp;percent of the common interests of ALICO LLC and (3)&nbsp;the FRBNY will receive 100&nbsp;percent of the preferred interests of ALICO LLC. As consideration for the preferred interests in ALICO LLC to be received by the FRBNY, there will be a reduction of $9&nbsp;billion in the outstanding balance of the FRBNY Facility and the maximum amount available to be borrowed thereunder (provided the maximum amount available under the FRBNY Facility will not be less than $25&nbsp;billion as a result of such reduction). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The common interests will entitle AIG to 100&nbsp;percent of the voting power of ALICO LLC, including the right to appoint the entire board of directors of ALICO LLC. The preferred interests will entitle the FRBNY to veto rights over certain significant actions by ALICO LLC and its subsidiaries and the right, subject to certain restrictions, to compel ALICO LLC to take certain actions, including an initial public offering of the company or a sale of the company. The preferred interests received by the FRBNY will have a liquidation preference of $9&nbsp;billion and will accrue a return of 5&nbsp;percent per annum until September&nbsp;22, 2013 and thereafter 9&nbsp;percent per annum. Upon a liquidation or sale of ALICO LLC, after payment is made for the liquidation preference and accrued dividends on the preferred interests and the initial value of the common interests, AIG is entitled to 95&nbsp;percent of the remaining proceeds and the FRBNY is entitled to 5&nbsp;percent. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>The transactions contemplated by the ALICO Purchase Agreement are subject to certain conditions, including regulatory approvals, the closing of the transactions contemplated by the AIA Purchase Agreement (described above) and certain other conditions. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Amortization of Prepaid Commitment Asset</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Any permanent reduction in the FRBNY Facility will result in accelerated amortization of a portion of the prepaid commitment asset. Therefore, AIG anticipates that the consummation of each of the AIA Purchase Agreement and the ALICO Purchase Agreement will result in accelerated amortization of a portion of the prepaid commitment asset at the time that the senior interests are transferred to the FRBNY, currently expected to occur no earlier than the fourth quarter of 2009. Acceleration of the amortization will result in a pre-tax charge to earnings which could aggregate to approximately $5.0&nbsp;billion. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Life Insurance Securitizations</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>On March&nbsp;2, 2009, AIG and the Board of Governors of the Federal Reserve System announced their intent to enter into a transaction pursuant to which the FRBNY will purchase embedded value securitization notes issued by newly-formed special purpose vehicles to be repaid with the net cash flows from designated blocks of existing life insurance policies. The proceeds of the notes would be applied in settlement of a portion of the outstanding balance of the FRBNY Facility and would reduce the maximum amount to be borrowed thereunder (provided the maximum amount available under the FRBNY Facility will not be less than $25&nbsp;billion as a result of such reduction). The amount of the FRBNY Facility reduction will be based on the proceeds received and will also result in accelerated amortization of a portion of the prepaid commitment asset. The special purpose vehicles are expected to be consolidated by AIG. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Sales of Businesses and Asset Dispositions</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG has revised its asset disposition plans over the last nine months to take into account the deterioration of global market conditions. AIG&#146;s current asset disposition plan is to maximize the value of its businesses over a longer time frame. AIG continually reassesses its disposition plans and may revise its disposition plans at any time and from time to time. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Dispositions of certain businesses will be subject to regulatory approval. Proceeds from these dispositions, to the extent they do not represent capital of AIG&#146;s insurance subsidiaries required for regulatory or ratings purposes, are contractually required to be applied toward the repayment of the FRBNY Facility as mandatory prepayments. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>During the first six months of 2009 and through July&nbsp;31, 2009, AIG entered into agreements to sell or completed the sale of operations and assets, excluding AIGFP assets, that had aggregate assets and liabilities with carrying values of $31.2&nbsp;billion and $23.8&nbsp;billion, respectively, at June&nbsp;30, 2009 or the date of sale or in the case of Transatlantic Holdings, Inc. (Transatlantic), deconsolidation. Aggregate net proceeds from these sale transactions, including proceeds applied to repay intercompany loan facilities, are expected to be approximately $8.0&nbsp;billion. These transactions are expected to generate approximately $4.6&nbsp;billion of aggregate net cash proceeds to repay outstanding borrowings and reduce the amount of FRBNY Facility, after taking into account taxes, transaction expenses and capital required to be retained for regulatory or ratings purposes. Gains and losses recorded in connection with the disposals of businesses include estimates that are subject to subsequent adjustment. Based on the transactions thus far, AIG does not believe that such adjustments will be material to future results of operations or cash flows. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Securitization Transaction</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>During the first six months of 2009, American General Finance, Inc. (AGF) received proceeds of $1.4&nbsp;billion from real estate loan portfolio sales. In addition, on July&nbsp;30, 2009, AGF issued mortgage-backed certificates in a private securitization transaction of certain AGF real estate loans and received initial cash proceeds of $967&nbsp;million. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>FAS&nbsp;No.&nbsp;144, &#147;Accounting for the Impairment or Disposal of Long-Lived Assets,&#148; (FAS&nbsp;144)&nbsp;requires that certain criteria be met in order for AIG to classify a business as held for sale. At June&nbsp;30, 2009, the held for sale criteria in FAS&nbsp;144 were not met for AIG&#146;s significant businesses included in the asset disposition plan. AIG continues to evaluate the status of its asset sales with respect to these criteria. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Management&#146;s Assessment and Conclusion</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In assessing AIG&#146;s current financial position and developing operating plans for the future, management has made significant judgments and estimates with respect to the potential financial and liquidity effects of AIG&#146;s risks and uncertainties, including but not limited to: </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the commitment of the FRBNY and the Department of the Treasury to the orderly restructuring of AIG and their commitment to continuing to work with AIG to maintain its ability to meet its obligations as they come due; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the potential adverse effects on AIG&#146;s businesses that could result if there are further downgrades by rating agencies, including in particular, the uncertainty of estimates relating to the derivative transactions of AIG Financial Products Corp. and AIG Trading Group Inc. and their respective subsidiaries (collectively, AIGFP), such as estimates of both the number of counterparties who may elect to terminate under contractual termination provisions and the amount that would be required to be paid in the event of a downgrade; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the ability of AIG to complete the transactions contemplated by the AIA Purchase Agreement and the ALICO Purchase Agreement; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the potential delays in asset dispositions and reduction in the anticipated proceeds therefrom; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the potential for continued declines in bond and equity markets; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the planned sales of significant subsidiaries; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the potential effect on AIG if the capital levels of its regulated and unregulated subsidiaries prove inadequate to support current business plans; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the effect on AIG&#146;s businesses of continued compliance with the covenants of the FRBNY Credit Agreement and other agreements with the FRBNY and the Department of the Treasury; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the effect of the provisions of the TARP Standards for Compensation and Corporate Governance on AIG&#146;s ability to retain and motivate key employees; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the potential loss of key personnel that could then reduce the value of AIG&#146;s business and impair its ability to effect a successful asset disposition plan; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the potential that AIG will be unable to complete the proposed life insurance securitizations and, even if completed, that this proposed transaction with the FRBNY does not achieve its desired objectives;&nbsp;and </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>the potential regulatory actions in one or more countries, including possible actions resulting from the legal change in control as a result of the issuance of AIG&#146;s Series&nbsp;C Perpetual, Convertible, Participating Preferred Stock (the AIG Series&nbsp;C Preferred Stock). </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Based on the U.S.&nbsp;government&#146;s continuing commitment, the recently completed transactions and the other expected transactions with the FRBNY, management&#146;s plans to stabilize AIG&#146;s businesses and dispose of certain noncore assets, and after consideration of the risks and uncertainties of such plans, management believes that it will have adequate liquidity to finance and operate AIG&#146;s businesses, execute its asset disposition plan and repay its obligations for at least the next twelve months. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>It is possible that the actual outcome of one or more of management&#146;s plans could be materially different, or that one or more of management&#146;s significant judgments or estimates about the potential effects of these risks and uncertainties could prove to be materially incorrect or that the proposed transactions with the FRBNY discussed above are not consummated or fail to achieve their desired objectives. If one or more of these possible outcomes is realized, AIG may need additional U.S.&nbsp;government support to meet its obligations as they come due. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG&#146;s consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. These consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded assets nor relating to the amounts and classification of liabilities that may be necessary should AIG be unable to continue as a going concern. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Out of Period Adjustments</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In the three months ended June&nbsp;30, 2009, AIG recorded out of period adjustments which reduced pre-tax income by approximately $250&nbsp;million and decreased net income by approximately $60&nbsp;million. The more significant decreases to pre-tax income related to life insurance deferred acquisition costs and general insurance balance sheet reconciliation adjustments. Net adjustments to income taxes increased the income tax benefit by approximately $99&nbsp;million. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Recent Accounting Standards</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Accounting Changes</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG adopted the following accounting standards during the first six months of 2009: </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FAS&nbsp;141(R)</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In December 2007, the Financial Accounting Standards Board (FASB) issued FAS&nbsp;No.&nbsp;141 (revised 2007), &#147;Business Combinations&#148; (FAS&nbsp;141(R)). FAS&nbsp;141(R) changes the accounting for business combinations in a number of ways, including broadening the transactions or events that are considered business combinations; requiring an acquirer to recognize 100&nbsp;percent of the fair value of certain assets acquired, liabilities assumed, and noncontrolling (i.e., minority) interests; and recognizing contingent consideration arrangements at their acquisition-date fair values with subsequent changes in fair value generally reflected in income, among other changes. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG adopted FAS&nbsp;141(R) for business combinations for which the acquisition date is on or after January&nbsp;1, 2009. The adoption of FAS&nbsp;141(R) did not have a material effect on AIG&#146;s consolidated financial position, results of operations or cash flows at and for the three and six months ended June&nbsp;30, 2009, but will affect the future accounting for business combinations, if any, as well as goodwill impairment assessments. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FAS&nbsp;160</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In December 2007, the FASB issued FAS&nbsp;No.&nbsp;160, which requires noncontrolling (i.e., minority) interests in partially owned consolidated subsidiaries to be classified in the consolidated balance sheet as a separate component of equity, or in the mezzanine section of the balance sheet (between liabilities and equity), to the extent such interests do not qualify for &#147;permanent equity&#148; classification in accordance with Emerging Issues Task Force (EITF) Topic D-98, &#147;Classification and Measurement of Redeemable Securities&#148; (revised September 2008). FAS&nbsp;160 also specifies the accounting for subsequent acquisitions and sales of noncontrolling interests and how noncontrolling interests should be presented in the consolidated statement of income (loss). The noncontrolling interests&#146; share of subsidiary income (loss) should be reported as a part of consolidated net income (loss) with disclosure of the attribution of consolidated net income (loss) to the controlling and noncontrolling interests on the face of the consolidated statement of income (loss). </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG adopted FAS&nbsp;160 on January&nbsp;1, 2009. FAS&nbsp;160 was adopted prospectively, except that the consolidated statement of income (loss) for the three and six months ended June&nbsp;30, 2008 have been retrospectively recast to include net income (loss) attributable to both the controlling and noncontrolling interests. Of the $10.0&nbsp;billion minority interest on the consolidated balance sheet at December&nbsp;31, 2008, $1.9&nbsp;billion was reclassified from minority interest liability to Redeemable noncontrolling interest in partially owned consolidated subsidiaries and $8.1&nbsp;billion was reclassified to a separate component of total equity titled Noncontrolling interest. For the six months ended June&nbsp;30, 2009, the noncontrolling interest balance declined by $1.4&nbsp;billion related to the deconsolidation of Transatlantic in the second quarter of 2009 following the public offering of 29.9&nbsp;million shares of Transatlantic common stock, after which AIG retained 13.9&nbsp;percent of Transatlantic common stock outstanding. AIG also restructured certain relationships within the Institutional Asset Management business in the second quarter of 2009, resulting in a decline in goodwill of $476&nbsp;million and noncontrolling interest of $1.9&nbsp;billion due to deconsolidation of certain entities. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The following table provides a reconciliation of the beginning and ending balances of the components of total equity (excluding the effects of redeemable noncontrolling interests):</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="62%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="9%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="7%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Total AIG<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>shareholders&#146;<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Noncontrolling<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>equity</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>interest</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total equity</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=10><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Six Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, beginning of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>52,710</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>8,095</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>60,805</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Cumulative effect of change in accounting principle, net of tax </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,478</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2,478</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Net income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(2,531</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(935</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3,466</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Contributions from noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>475</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>475</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Distributions to noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(264</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(264</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Net decrease due to deconsolidation </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3,306</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3,306</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated other comprehensive income </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,390</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>110</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4,500</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>911</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>911 </B></TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, end of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>57,958</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4,175</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>62,133</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Six Months Ended June&nbsp;30, 2008</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, beginning of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>95,801 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>8,472 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>104,273 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Cumulative effect of change in accounting principle, net of tax </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,108 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1,108 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Net income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13,162 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>133 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(13,029 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Contributions from noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>543 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>543 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Distributions to noncontrolling interest </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(193 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(193 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Accumulated other comprehensive income (loss) </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(8,441 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>60 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(8,381 </TD> <TD vAlign=bottom noWrap align=left>) </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,998 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4,998 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Balance, end of period </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>78,088 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>9,015 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>87,103 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FAS&nbsp;161</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In March 2008, the FASB issued FAS&nbsp;No.&nbsp;161, &#147;Disclosures about Derivative Instruments and Hedging Activities&nbsp;&#151; an amendment of FASB Statement No.&nbsp;133&#148; (FAS&nbsp;161). FAS&nbsp;161 requires enhanced disclosures about (a)&nbsp;how and why AIG uses derivative instruments, (b)&nbsp;how derivative instruments and related hedged items are accounted for under FAS&nbsp;No.&nbsp;133, &#147;Accounting for Derivative Instruments and Hedging Activities&#148; (FAS&nbsp;133)&nbsp;and its related interpretations, and (c)&nbsp;how derivative instruments and related hedged items affect AIG&#146;s consolidated financial condition, results of operations, and cash flows. AIG adopted FAS&nbsp;161 on January&nbsp;1, 2009. See Note&nbsp;7 herein for related disclosures. </DIV> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FAS&nbsp;165</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In May 2009, the FASB issued FAS&nbsp;No.&nbsp;165, &#147;Subsequent Events&#148; (FAS&nbsp;165). FAS&nbsp;165 requires disclosure of the date through which a company evaluated the need to disclose events that occurred subsequent to the balance sheet date and whether that date represents the date the financial statements were issued or were available to be issued. AIG adopted FAS&nbsp;165 for the period ended June&nbsp;30, 2009. The adoption of FAS&nbsp;165 did not affect AIG&#146;s consolidated financial condition, results of operations or cash flows. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;140-3</FONT></FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In February 2008, the FASB issued FASB Staff Position (FSP) <FONT style="WHITE-SPACE: nowrap">No.&nbsp;FAS&nbsp;140-3,</FONT> &#147;Accounting for Transfers of Financial Assets and Repurchase Financing Transactions&#148; (FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;140-3).</FONT> FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;140-3</FONT> requires an initial transfer of a financial asset and a repurchase financing that was entered into contemporaneously with or in contemplation of the initial transfer to be evaluated as a linked transaction unless certain criteria are met. AIG adopted FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;140-3</FONT> on January&nbsp;1, 2009 for new transactions entered into from that date forward. The adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;140-3</FONT> did not have a material effect on AIG&#146;s consolidated financial condition, results of operations or cash flows. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">EITF <FONT style="WHITE-SPACE: nowrap">07-5</FONT></FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In June 2008, the FASB ratified the consensus reached by the EITF on Issue <FONT style="WHITE-SPACE: nowrap">No.&nbsp;07-5,</FONT> &#147;Determining Whether an Instrument (or Embedded Feature) is Indexed to an Entity&#146;s Own Stock&#148; <FONT style="WHITE-SPACE: nowrap">(EITF&nbsp;07-5).</FONT> Following the January&nbsp;1, 2009 effective date, instruments that are not indexed to the issuer&#146;s stock would not qualify for an exception from derivative accounting provided in FAS&nbsp;133 (which requires that an instrument is both indexed to the issuer&#146;s own stock, and that it is classified in equity). AIG adopted <FONT style="WHITE-SPACE: nowrap">EITF&nbsp;07-5</FONT> on January&nbsp;1, 2009. The adoption of <FONT style="WHITE-SPACE: nowrap">EITF&nbsp;07-5</FONT> resulted in a $15&nbsp;million cumulative effect adjustment to opening Accumulated deficit and a $91&nbsp;million reduction in Additional paid-in capital. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;107-1</FONT> and APB <FONT style="WHITE-SPACE: nowrap">28-1</FONT></FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In April 2009, the FASB issued FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;107-1</FONT> and APB <FONT style="WHITE-SPACE: nowrap">28-1,</FONT> &#147;Interim Disclosures about Fair Value of Financial Instruments&#148; (FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;107-1).</FONT> FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;107-1</FONT> amends FASB Statement No.&nbsp;107, &#147;Disclosures about Fair Value of Financial Instruments,&#148; (FAS&nbsp;107)&nbsp;to require disclosures about fair value of financial instruments (including methods and significant assumptions used) for interim reporting periods of publicly traded companies as well as in annual financial statements. The FSP also amends APB Opinion No.&nbsp;28, &#147;Interim Financial Reporting,&#148; to require those disclosures in summarized financial information for interim reporting periods. AIG adopted FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;107-1</FONT> on April&nbsp;1, 2009. See Note&nbsp;4, Fair Value Measurements for these disclosures. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> and <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;124-2</FONT></FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In April 2009, the FASB issued FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> and <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;124-2,</FONT> &#147;Recognition and Presentation of <FONT style="WHITE-SPACE: nowrap">Other-Than-Temporary</FONT> Impairments&#148; (FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2).</FONT> FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> requires a company to recognize the credit component of an <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment of a fixed maturity security in income and the non-credit component in accumulated other comprehensive income when the company does not intend to sell the security or it is more likely than not that the company will not be required to sell the security prior to recovery. FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> also changes the threshold for determining when an <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment has occurred on a fixed maturity security with respect to intent and ability to hold until recovery and requires additional disclosures in interim and annual reporting periods for fixed maturity and equity securities. FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> does not change the recognition of <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment for equity securities. See Note&nbsp;5, Investments for the expanded disclosures related to FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2.</FONT> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>AIG adopted FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> on April&nbsp;1, 2009 and recorded an after-tax cumulative effect adjustment to increase AIG shareholders&#146; equity by $2.5&nbsp;billion as of April&nbsp;1, 2009, consisting of a decrease in Accumulated deficit of $11.8&nbsp;billion and an increase to Accumulated other comprehensive loss of $9.3&nbsp;billion, net of tax. The net increase in AIG&#146;s shareholders&#146; equity was due to a reversal of a portion of the deferred tax asset valuation allowance for certain previous non-credit impairment charges directly attributable to the change in accounting principle (see Note&nbsp;12 herein). The cumulative effect adjustment resulted in an increase of approximately $16&nbsp;billion in the amortized cost of fixed maturity securities, which has the effect of significantly reducing the accretion of investment income over the remaining life of the underlying securities, beginning in the second quarter of 2009. The effect of the reduced investment income will be offset, in part, by a decrease in the amortization of deferred policy acquisition costs (DAC) and sales inducements assets (SIA). </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>Beginning in the second quarter of 2009, the adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;115-2</FONT> is expected to reduce the level of <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment charges recorded in earnings for fixed maturity securities due to the following required changes in AIG&#146;s accounting policy for <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairments (see Note&nbsp;5 for a more detailed discussion of the changes in policy): </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0> <TBODY> <TR> <TD width="4%"></TD> <TD width="2%"></TD> <TD width="94%"></TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>Impairment charges for non-credit (i.e., severity) losses are no longer recognized; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>The amortized cost basis of credit impaired securities will be written down through a charge to earnings to the present value of expected cash flows, rather than to fair value;&nbsp;and </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 6pt"> <TD>&nbsp;</TD></TR> <TR style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" vAlign=top> <TD>&nbsp;</TD> <TD>&#149;&nbsp; </TD> <TD align=left>For fixed maturity securities that are not deemed to be credit-impaired. AIG is no longer required to assert that it has the intent and ability to hold such securities to recovery to avoid an <FONT style="WHITE-SPACE: nowrap">other-than-temporary</FONT> impairment charge. Instead, an impairment charge through earnings is required only in situations where AIG has the intent to sell the fixed maturity security or it is more likely than not that AIG will be required to sell the security prior to recovery. </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The components of the change in AIG shareholders&#146; equity at April&nbsp;1, 2009 due to the adoption of FSP&nbsp;FAS <FONT style="WHITE-SPACE: nowrap">115-2</FONT> were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="53%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="8%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="16%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="9%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>(Increase)<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Net Increase<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Decrease&nbsp;to<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>(Increase) Decrease<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>in AIG<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Accumulated<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>to Accumulated Other<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Shareholders&#146;<BR></B></TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Deficit</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Comprehensive Loss</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Equity</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=10><B>(In billions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net effect of the increase in amortized cost of available for sale fixed maturity securities </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>16.1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(16.1 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net effect of related DAC, SIA and other insurance balances </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1.8 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net effect on deferred income tax assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2.5 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5.0 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net increase in AIG shareholders&#146; equity </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>11.8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>(9.3 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2.5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;157-4</FONT></FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In April 2009, the FASB issued FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;157-4,</FONT> &#147;Determining Fair Value When the Volume and Level of Activity for the Asset or Liability Have Significantly Decreased and Identifying Transactions That Are Not Orderly&#148; (FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;157-4).</FONT> FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;157-4</FONT> provides guidance for estimating fair value in accordance with FAS&nbsp;No.&nbsp;157, &#147;Fair Value Measurements&#148; (FAS&nbsp;157), when the volume and level of activity for an asset or liability have significantly decreased and for identifying circumstances that indicate a transaction is not orderly. FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;157-4</FONT> also requires extensive additional fair value disclosures. The adoption of FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;157-4</FONT> on April&nbsp;1, 2009, did not have a material effect on AIG&#146;s consolidated financial condition, results of operations or cash flows. See Note&nbsp;4, Fair Value Measurements for the disclosures related to FSP <FONT style="WHITE-SPACE: nowrap">FAS&nbsp;157-4.</FONT> </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 2%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">Future Application of Accounting Standards</FONT></I> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FSP FAS&nbsp;132(R)-1</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In December 2008, the FASB issued FSP FAS&nbsp;132(R)-1, &#147;Employers&#146; Disclosures about Postretirement Benefit Plan Assets&#148; (FSP FAS&nbsp;132(R)-1). FSP FAS&nbsp;132(R)-1 amends FAS&nbsp;132(R) to require more detailed disclosures about an employer&#146;s plan assets, including the employer&#146;s investment strategies, major categories of plan assets, concentrations of risk within plan assets, and valuation techniques used to measure the fair values of plan assets. FSP FAS&nbsp;132(R)-1 is effective for fiscal years ending after December&nbsp;15, 2009. The adoption of FSP FAS&nbsp;132(R)-1 will have no effect on AIG&#146;s consolidated financial condition, results of operations or cash flows. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FAS&nbsp;166</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In June 2009, the FASB issued FAS&nbsp;166, &#147;Accounting for Transfers of Financial Assets&nbsp;&#151; an amendment of FASB Statement No.&nbsp;140&#148; (FAS&nbsp;166). FAS&nbsp;166 removes the concept of a qualifying special-purpose entity (QSPE) from FAS&nbsp;140, &#147;Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities&#148; and removes the exception from applying FASB Interpretation No.&nbsp;46 (revised December 2003), &#147;Consolidation of Variable Interest Entities&#148;, (FIN&nbsp;46(R)) to QSPEs. FAS&nbsp;166 is effective for interim and annual periods beginning on January&nbsp;1, 2010 for AIG. Earlier application is prohibited. AIG is assessing the effect adopting FAS&nbsp;166 will have on its consolidated financial condition, results of operations and cash flows. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 4%; COLOR: #000000; MARGIN-RIGHT: 0%; FONT-FAMILY: Arial, Helvetica" align=left><B><I><FONT style="FONT-FAMILY: 'Times New Roman', Times">FAS&nbsp;167</FONT></I></B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In June 2009, FASB issued FAS&nbsp;167, &#147;Amendments to FASB Interpretation No.&nbsp;46(R)&#148; (FAS&nbsp;167). FAS&nbsp;167 amends the consolidation analysis with an approach focused on identifying which enterprise has the power to direct the activities of a variable interest entity that most significantly affect the entity&#146;s economic performance and (1)&nbsp;the obligation to absorb losses of the entity or (2)&nbsp;the right to receive benefits from the entity, and enhances financial reporting by enterprises involved with variable interest entities. FAS&nbsp;167 is effective for interim and annual periods beginning on January&nbsp;1, 2010 for AIG. Earlier application is prohibited. AIG is assessing the effect adopting FAS&nbsp;167 will have on its consolidated financial condition, results of operations, and cash flows. </DIV> <DIV style="MARGIN-TOP: 12pt; FONT-SIZE: 1pt">&nbsp;</DIV></BODY></HTML> 1.&nbsp;&nbsp; Summary of Significant Accounting Policies &nbsp; &nbsp; Basis of Presentation &nbsp; These unaudited condensed consolidated false false Description containing the entire organization, consolidation, basis of presentation of financial statements and significant accounting policies disclosure. No authoritative reference available. false false 1 2 false UnKnown UnKnown UnKnown false true XML 30 R17.xml IDEA: Employee Benefits 1.0.0.3 false Employee Benefits false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDPerShare Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 2 0 aig_NotesToConsolidatedFinancialsAbstract aig false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false No definition available. false 3 1 us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock us-gaap true na duration string No definition available. false false false false false false false false false 1 false false 0 0 <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=utf-8"> <META content="MSHTML 6.00.6000.16809" name=GENERATOR></HEAD> <BODY> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; WIDTH: 128px; COLOR: #000000; FONT-FAMILY: Arial, Helvetica; HEIGHT: 16px" cellSpacing=0 cellPadding=0 width=128 border=0> <TBODY> <TR vAlign=top> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">11.&nbsp;&nbsp;</FONT></B> </TD> <TD><B><FONT style="FONT-FAMILY: 'Times New Roman', Times">Employee Benefits</FONT></B> </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left><B>The components of the net periodic benefit cost with respect to pensions and other postretirement benefits were as follows:</B> </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="55%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=10><B>Pensions</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=10><B>Postretirement</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Non U.S.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>U.S.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Non U.S.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>U.S.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Plans</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Plans</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Plans</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Plans</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Three Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Components of net periodic benefit cost: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Service cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>29</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>39</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>68</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>4</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Interest cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>14</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>54</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>68</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>4</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Expected return on assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(7</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(59</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(66</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Amortization of prior service credit </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(4</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Amortization of net actuarial losses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>10</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>23</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>33</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net periodic benefit cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>48</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>56</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>104</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>3</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>7</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>10</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="MARGIN-TOP: 18pt; FONT-SIZE: 1pt">&nbsp;</DIV> <TABLE style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; COLOR: #000000; FONT-FAMILY: 'Times New Roman', Times" cellSpacing=0 cellPadding=0 width="100%" align=center border=0><!-- Table Width Row BEGIN --> <TBODY> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD width="55%">&nbsp;</TD><!-- colindex=01 type=maindata --> <TD width="2%">&nbsp;</TD><!-- colindex=02 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=02 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=02 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=02 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=03 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=03 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=03 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=03 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=04 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=04 type=lead --> <TD align=right width="3%">&nbsp;</TD><!-- colindex=04 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=04 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=05 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=05 type=lead --> <TD align=right width="4%">&nbsp;</TD><!-- colindex=05 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=05 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=06 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=06 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=06 type=hang1 --> <TD width="3%">&nbsp;</TD><!-- colindex=07 type=gutter --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=lead --> <TD align=right width="1%">&nbsp;</TD><!-- colindex=07 type=body --> <TD align=left width="1%">&nbsp;</TD><!-- colindex=07 type=hang1 --></TR><!-- Table Width Row END --> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=10><B>Pensions</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom align=middle colSpan=10><B>Postretirement</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Non U.S.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>U.S.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>Non U.S.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2><B>U.S.<BR></B></TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=middle colSpan=2>&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Plans</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Plans</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Plans</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Plans</B> </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=bottom noWrap align=middle colSpan=2><B>Total</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 8pt" vAlign=bottom align=middle> <TD vAlign=bottom noWrap align=middle>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom align=middle colSpan=22><B>(In millions)</B> </TD> <TD>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt; LINE-HEIGHT: 3pt"> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Three Months Ended June&nbsp;30, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Components of net periodic benefit cost: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Service cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>26 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>32 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>58 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Interest cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>14 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>50 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>64 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>1 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Expected return on assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(12 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(59 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(71 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Amortization of prior service credit </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(2 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(3 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Amortization of net actuarial losses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>5 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net periodic benefit cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>31 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>27 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>58 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>3 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt"><B>Six Months Ended June&nbsp;30, 2009</B> </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Components of net periodic benefit cost: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Service cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>60</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>80</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>140</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>5</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>10</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Interest cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>30</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>109</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>139</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>2</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>10</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Expected return on assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(16</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(114</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(130</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Amortization of prior service credit </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(6</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(1</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(7</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Amortization of net actuarial losses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>21</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>47</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>68</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>1</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>8</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>&#151;</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right><B>(3</B> </TD> <TD vAlign=bottom noWrap align=left><B>)</B> </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net periodic benefit cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>97</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>121</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>218</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>7</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>11</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left><B>$</B> </TD> <TD vAlign=bottom noWrap align=right><B>18</B> </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Six Months Ended June&nbsp;30, 2008 </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Components of net periodic benefit cost: </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Service cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>50 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>64 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>114 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>4 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Interest cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>28 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>100 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>128 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>8 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>10 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Expected return on assets </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(23 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(119 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(142 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Amortization of prior service credit </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(5 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(1 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>(6 </TD> <TD vAlign=bottom noWrap align=left>) </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Amortization of net actuarial losses </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>7 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>9 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>16 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR vAlign=bottom> <TD vAlign=bottom noWrap align=left> <DIV style="MARGIN-LEFT: 20pt; TEXT-INDENT: -10pt">Other </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>2 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD vAlign=bottom noWrap align=right>&#151; </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD style="BORDER-TOP: #000000 1px solid">&nbsp; </TD> <TD>&nbsp; </TD></TR> <TR style="BACKGROUND: #cceeff" vAlign=bottom> <TD vAlign=bottom align=left> <DIV style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt">Net periodic benefit cost </DIV></TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>59 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>53 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>112 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>6 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>12 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD> <TD>&nbsp; </TD> <TD vAlign=bottom noWrap align=left>$ </TD> <TD vAlign=bottom noWrap align=right>18 </TD> <TD vAlign=bottom noWrap align=left>&nbsp; </TD></TR> <TR style="FONT-SIZE: 1pt" vAlign=bottom> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD> <TD>&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD style="BORDER-TOP: #000000 3px double">&nbsp; </TD> <TD>&nbsp; </TD></TR></TBODY></TABLE> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 0%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left></DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In connection with the sale of HSB on March&nbsp;31, 2009, AIG recognized in income as part of the net gain from the sale, a net settlement gain of $57&nbsp;million due to the transfer of certain HSB-sponsored pension plans in the first quarter. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>As of the end of the first six months of 2009, AIG has contributed $509&nbsp;million to its U.S.&nbsp;and <FONT style="WHITE-SPACE: nowrap">non-U.S.&nbsp;pension</FONT> plans and expects to contribute approximately an additional $91&nbsp;million during 2009. Such subsequent 2009 contributions will depend, however, on various factors including AIG&#146;s liquidity, asset dispositions, market performance and management discretion. </DIV> <DIV style="MARGIN-TOP: 6pt; FONT-SIZE: 1pt">&nbsp;</DIV> <DIV style="FONT-SIZE: 10pt; BACKGROUND: #ffffff; MARGIN-LEFT: 0%; COLOR: #000000; TEXT-INDENT: 4%; MARGIN-RIGHT: 0%; FONT-FAMILY: 'Times New Roman', Times" align=left>In connection with the closing of the sale of 21st&nbsp;Century Insurance Group on July&nbsp;1, 2009, AIG will remeasure certain of its pension and postretirement plans to determine the curtailment/settlement effect. The effect of remeasurement is expected to result in an increase to Accumulated other comprehensive loss of approximately $226&nbsp;million and a net loss of approximately $63&nbsp;million. In addition, the remeasurement is expected to reduce the estimated 2009 expense for the AIG U.S.&nbsp;Retirement Plan by approximately $50&nbsp;million. </DIV></BODY></HTML> 11.&nbsp;&nbsp; Employee Benefits &nbsp; The components of the net periodic benefit cost with respect to pensions and other postretirement false false No definition available. No authoritative reference available. false false 1 2 false UnKnown UnKnown UnKnown false true
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