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DEBT (Tables)
12 Months Ended
Dec. 31, 2015
DEBT  
Schedule of total debt outstanding
Balance atBalance at
At December 31, 2015Range ofMaturityDecember 31,December 31,
(in millions)Interest Rate(s)Date(s)20152014
Debt issued or guaranteed by AIG:
AIG general borrowings:
Notes and bonds payable2.30% - 8.13%2016 - 2097$17,136$15,570
Subordinated debt2.38%2015-250
Junior subordinated debt4.88% - 8.63%2037 - 20581,3372,466
AIG Japan Holdings Kabushiki Kaisha0.44% - 1.25%2016 - 2019106-
AIGLH notes and bonds payable6.63% - 7.50%2025 - 2029284284
AIGLH junior subordinated debt7.57% - 8.50%2030 - 2046422536
Total AIG general borrowings19,28519,106
AIG borrowings supported by assets:(a)
MIP notes payable2.28% - 8.59%2016 - 20181,3722,870
Series AIGFP matched notes and bonds payable0.16% - 7.50%2017 - 20473434
GIAs, at fair value0.02% - 7.62%2016 - 2047 3,276 4,648
Notes and bonds payable, at fair value0.12% - 10.37%2016 - 2047 394 818
Total AIG borrowings supported by assets5,0768,370
Total debt issued or guaranteed by AIG24,36127,476
Debt not guaranteed by AIG:
Other subsidiaries notes, bonds, loans and
mortgages payable0.06%2017 2 58
Debt of consolidated investments(b)0.00% - 6.6%2016 - 20624,9873,683
Total debt not guaranteed by AIG4,9893,741
Total long term debt $29,350$31,217

(a) AIG Parent guarantees all such debt, except for MIP notes payable and Series AIGFP matched notes and bonds payable, which are direct obligations of AIG Parent.  Collateral posted to third parties was $2.4 billion and $3.5 billion at December 31, 2015 and December 31, 2014, respectively.  This collateral primarily consists of securities of the U.S. government and government sponsored entities and generally cannot be repledged or resold by the counterparties.

(b) At December 31, 2015, includes debt of consolidated investment vehicles related to real estate investments of $2.4 billion, affordable housing partnership investments and securitizations of $2.2 million, and other securitization vehicles and investments of $359 million, respectively. At December 31, 2014, includes debt of consolidated investment vehicles related to real estate investments of $2.1 billion, affordable housing partnership investments and securitizations of $853 million, and other securitization vehicles and investments of $728 million, respectively.

Maturities of long-term debt, excluding borrowings of debt of consolidated investments
December 31, 2015Year Ending
(in millions) Total20162017201820192020Thereafter
Debt issued or guaranteed by AIG:
AIG general borrowings:
Notes and bonds payable$17,136$992$192$1,106$999$1,345$12,502
Subordinated debt-------
Junior subordinated debt1,337-----1,337
AIG Japan Holdings Kabushiki Kaisha106---106--
AIGLH notes and bonds payable284-----284
AIGLH junior subordinated debt422-----422
Total AIG general borrowings19,2859921921,1061,1051,34514,545
AIG borrowings supported by assets:
MIP notes payable1,372245781346---
Series AIGFP matched notes and
bonds payable34-10---24
GIAs, at fair value3,27619017646490412,315
Notes and bonds payable, at fair value39419210123--69
Total AIG borrowings supported by assets5,07662797793390412,408
Total debt issued or guaranteed by AIG24,3611,6191,1692,0391,1951,38616,953
Other subsidiaries notes, bonds, loans
and mortgages payable2-2----
Total$24,363$1,619$1,171$2,039$1,195$1,386$16,953
Schedule of detail for uncollateralized and collateralized notes, bonds, loans and mortgages payable
UncollateralizedCollateralized
At December 31, 2015Notes/Bonds/LoansLoans and
(in millions)PayableMortgages PayableTotal
AIG general borrowings$-$106$106
Other subsidiaries notes, bonds, loans and mortgages payable*-22
Total$-$108$108

* AIG does not guarantee any of these borrowings.

Summary of the Four-Year Facility
At December 31, 2015 Available Effective
(in millions)Size Amount ExpirationDate
Five-Year Syndicated Credit Facility$4,500$4,500November 202011/5/2015