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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Fixed maturity securities:    
Bonds available for sale, at fair value (amortized cost: 2015 - $240,968; 2014 - $243,307) $ 248,245 $ 259,859
Other bond securities, at fair value (See Note 5) 16,782 19,712
Equity Securities:    
Common and preferred stock available for sale, at fair value (cost: 2015 - $1,379; 2014 - $1,930) 2,915 4,395
Other common and preferred stock, at fair value (See Note 5) 921 1,049
Mortgage and other loans receivable, net of allowance (portion measured at fair value: 2015 - $11; 2014 - $6) 29,565 24,990
Other invested assets (portion measured at fair value: 2015 - $8,912; 2014 - $9,394) 29,794 34,518
Short-term investments (portion measured at fair value: 2015 - $2,591; 2014 - $1,684) 10,132 11,243
Total investments 338,354 355,766
Cash 1,629 1,758
Accrued investment income 2,623 2,712
Premiums and other receivables, net of allowance 11,451 12,031
Reinsurance assets, net of allowance 20,413 21,959
Deferred income taxes 20,394 19,339
Deferred policy acquisition costs 11,115 9,827
Other assets, including restricted cash of $170 in 2015 and $2,025 in 2014 11,390 12,153
Separate account assets, at fair value 79,574 80,036
Total assets 496,943 515,581
Liabilities:    
Liability for unpaid losses and loss adjustment expenses 74,942 77,260
Unearned premiums 21,318 21,324
Future policy benefits for life and accident and health insurance contracts 43,585 42,749
Policyholder contract deposits (portion measured at fair value: 2015 - $2,325; 2014 - $1,561) 127,588 124,613
Other policyholder funds (portion measured at fair value: 2015 - $6; 2014 - $8) 4,212 4,669
Other liabilities (portion measured at fair value: 2015 - $62; 2014 - $350) 26,164 26,441
Long-term debt (portion measured at fair value: 2015 - $3,670; 2014 - $5,466) 29,350 31,217
Separate account liabilities 79,574 80,036
Total liabilities $ 406,733 $ 408,309
Contingencies, commitments and guarantees (see Note 15)
AIG shareholders' equity:    
Common stock, $2.50 par value; 5,000,000,000 shares authorized; shares issued: 2015 - 1,906,671,492 and 2014 - 1,906,671,492 $ 4,766 $ 4,766
Treasury stock, at cost; 2015 - 712,754,875; 2014 - 530,744,521 shares of common stock (30,098) (19,218)
Additional paid-in capital 81,510 80,958
Retained earnings 30,943 29,775
Accumulated other comprehensive income (loss) 2,537 10,617
Total AIG shareholders' equity 89,658 106,898
Non-redeemable noncontrolling interests 552 374
Total equity 90,210 107,272
Total liabilities and equity $ 496,943 $ 515,581