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INFORMATION PROVIDED IN CONNECTION WITH OUTSTANDING DEBT (Tables)
 12 Months Ended
Dec. 31, 2015
INFORMATION PROVIDED IN CONNECTION WITH OUTSTANDING DEBT  
Condensed Consolidating Balance Sheets
American
International Reclassifications
Group, Inc. OtherandConsolidated
(in millions)(As Guarantor)AIGLHSubsidiariesEliminationsAIG
December 31, 2015
Assets:
Short-term investments$4,042$-$9,637$(3,547)$10,132
Other investments(a)7,425-320,797-328,222
Total investments11,467-330,434(3,547)338,354
Cash341161,479-1,629
Loans to subsidiaries(b)35,927-578(36,505)-
Investment in consolidated subsidiaries(b)51,15130,239-(81,390)-
Other assets, including deferred income taxes23,398260135,690(2,388)156,960
Total assets$121,977$30,615$468,181$(123,830)$496,943
Liabilities:
Insurance liabilities$-$-$271,645$-$271,645
Long-term debt19,8767068,768-29,350
Other liabilities, including intercompany balances(a)11,86920199,777(6,109)105,738
Loans from subsidiaries(b)574335,928(36,505)-
Total liabilities32,319910416,118(42,614)406,733
Total AIG shareholders’ equity89,65829,70551,511(81,216)89,658
Non-redeemable noncontrolling interests--552-552
Total equity89,65829,70552,063(81,216)90,210
Total liabilities and equity$121,977$30,615$468,181$(123,830)$496,943
December 31, 2014
Assets:
Short-term investments$6,078$-$6,231$(1,066)$11,243
Other investments(a)11,415-333,108-344,523
Total investments17,493-339,339(1,066)355,766
Cash26911,641-1,758
Loans to subsidiaries(b)31,070-779(31,849)-
Investment in consolidated subsidiaries(b)62,81135,850-(98,661)-
Other assets, including deferred income taxes23,8352,305141,826(9,909)158,057
Total assets$135,235$38,246$483,585$(141,485)$515,581
Liabilities:
Insurance liabilities$-$-$270,615$-$270,615
Long-term debt21,1908209,207-31,217
Other liabilities, including intercompany balances(a)6,1962,314108,189(10,222)106,477
Loans from subsidiaries(b)951-30,898(31,849)-
Total liabilities28,3373,134418,909(42,071)408,309
Total AIG shareholders’ equity106,89835,11264,302(99,414)106,898
Non-redeemable noncontrolling interests--374-374
Total equity106,89835,11264,676(99,414)107,272
Total liabilities and equity$135,235$38,246$483,585$(141,485)$515,581

(a) Includes intercompany derivative positions, which are reported at fair value before credit valuation adjustment.

(b) Eliminated in consolidation.
Condensed Consolidating Statements of Income (Loss)
American
International Reclassifications
Group, Inc. OtherandConsolidated
(in millions)(As Guarantor)AIGLHSubsidiariesEliminationsAIG
Year Ended December 31, 2015
Revenues:
Equity in earnings of consolidated subsidiaries*$3,954$1,936$-$(5,890)$-
Other income88-58,953(714)58,327
Total revenues4,0421,93658,953(6,604)58,327
Expenses:
Interest expense1,04958302(128)1,281
Loss on extinguishment of debt703-467756
Other expenses1,1784452,374(587)53,009
Total expenses2,93010252,722(708)55,046
Income (loss) from continuing operations before income tax
expense (benefit)1,1121,8346,231(5,896)3,281
Income tax expense (benefit)(1,086)(73)2,218-1,059
Income (loss) from continuing operations2,1981,9074,013(5,896)2,222
Income (loss) from discontinued operations, net of income taxes(2)-2--
Net income (loss)2,1961,9074,015(5,896)2,222
Less:
Net income from continuing operations attributable to
noncontrolling interests--26-26
Net income (loss) attributable to AIG$2,196$1,907$3,989$(5,896)$2,196
Year Ended December 31, 2014
Revenues:
Equity in earnings of consolidated subsidiaries*$9,450$3,519$-$(12,969)$-
Other income1,658-63,157(409)64,406
Total revenues11,1083,51963,157(13,378)64,406
Expenses:
Interest expense1,507100243(132)1,718
Loss on extinguishment of debt2,248-85(51)2,282
Other expenses1,54620348,315(159)49,905
Total expenses5,30130348,643(342)53,905
Income (loss) from continuing operations before income tax
expense (benefit)5,8073,21614,514(13,036)10,501
Income tax expense (benefit)(1,735)(103)4,817(52)2,927
Income (loss) from continuing operations7,5423,3199,697(12,984)7,574
Loss from discontinued operations, net of income taxes(13)-(37)-(50)
Net income (loss)7,5293,3199,660(12,984)7,524
Less:
Net income (loss) from continuing operations attributable to
noncontrolling interests:--(5)-(5)
Net income (loss) attributable to AIG$7,529$3,319$9,665$(12,984)$7,529

Year Ended December 31, 2013
Revenues:
Equity in earnings of consolidated subsidiaries*$7,638$4,075$-$(11,713)$-
Other income1,487167,698(312)68,874
Total revenues9,1254,07667,698(12,025)68,874
Expenses:
Other interest expense1,938126233(155)2,142
Loss on extinguishment of debt580-71-651
Other expenses1,5207555,277(159)56,713
Total expenses4,03820155,581(314)59,506
Income (loss) from continuing operations before income tax
expense (benefit)5,0873,87512,117(11,711)9,368
Income tax expense (benefit)(4,012)(58)4,454(24)360
Income (loss) from continuing operations9,0993,9337,663(11,687)9,008
Income (loss) from discontinued operations, net of income taxes(14)-98-84
Net income (loss)9,0853,9337,761(11,687)9,092
Less:
Net income from continuing operations attributable to
noncontrolling interests--7-7
Net income (loss) attributable to AIG$9,085$3,933$7,754$(11,687)$9,085

* Eliminated in consolidation.
Condensed Consolidating Statements of Comprehensive Income (Loss)
American
InternationalReclassifications
Group, Inc.OtherandConsolidated
(in millions)(As Guarantor)AIGLHSubsidiariesEliminationsAIG
Year Ended December 31, 2015
Net income (loss)$2,196$1,907$4,015$(5,896)$2,222
Other comprehensive income (loss)(8,080)2,32054,757(57,083)(8,086)
Comprehensive income (loss)(5,884)4,22758,772(62,979)(5,864)
Total comprehensive income attributable to noncontrolling interests--20-20
Comprehensive income (loss) attributable to AIG$(5,884)$4,227$58,752$(62,979)$(5,884)
Year Ended December 31, 2014
Net income (loss)$7,529$3,319$9,660$(12,984)$7,524
Other comprehensive income (loss)4,2572,7943,235(6,029)4,257
Comprehensive income (loss)11,7866,11312,895(19,013)11,781
Total comprehensive loss attributable to noncontrolling interests--(5)-(5)
Comprehensive income (loss) attributable to AIG$11,786$6,113$12,900$(19,013)$11,786
Year Ended December 31, 2013
Net income (loss)$9,085$3,933$7,761$(11,687)$9,092
Other comprehensive income (loss)(6,214)(4,689)(6,719)11,385(6,237)
Comprehensive income (loss)2,871(756)1,042(302)2,855
Total comprehensive loss attributable to noncontrolling interests--(16)-(16)
Comprehensive income (loss) attributable to AIG$2,871$(756)$1,058$(302)$2,871
Condensed Consolidating Statements of Cash Flows
American
International Reclassifications
Group, Inc. Other andConsolidated
(in millions)(As Guarantor)AIGLHSubsidiaries*Eliminations*AIG
Year Ended December 31, 2015
Net cash (used in) provided by operating activities$4,443$2,314$1,112$(4,992)$2,877
Cash flows from investing activities:
Sales of investments7,767-69,726(4,877)72,616
Purchase of investments(1,881)-(68,261)4,877(65,265)
Loans to subsidiaries – net(83)-367(284)-
Contributions to subsidiaries565--(565)-
Net change in restricted cash--1,457-1,457
Net change in short-term investments2,300-(1,137)-1,163
Other, net(175)-(1,334)-(1,509)
Net cash provided by investing activities8,493-818(849)8,462
Cash flows from financing activities:
Issuance of long-term debt5,540-1,327-6,867
Repayments of long-term debt(6,504)(114)(3,187)-(9,805)
Purchase of Common Stock(10,691)---(10,691)
Intercompany loans - net(201)3(86)284-
Cash dividends paid (1,028)(2,178)(2,814)4,992(1,028)
Other, net(44)-2,7075653,228
Net cash (used in) financing activities(12,928)(2,289)(2,053)5,841(11,429)
Effect of exchange rate changes on cash--(39)-(39)
Change in cash825(162)-(129)
Cash at beginning of year26911,641-1,758
Change in cash of businesses held for sale-----
Cash at end of year$34$116$1,479$-$1,629
Year Ended December 31, 2014
Net cash (used in) provided by operating activities$9,316$6,155$8,979$(19,443)$5,007
Cash flows from investing activities:
Sales of investments3,036-65,108(2,040)66,104
Purchase of investments(1,051)-(59,099)2,040(58,110)
Loans to subsidiaries – net446-169(615)-
Contributions to subsidiaries(148)-296(148)-
Net change in restricted cash(501)-(946)-(1,447)
Net change in short-term investments5,792-2,968-8,760
Other, net(141)-(882)-(1,023)
Net cash (used in) provided by investing activities7,433-7,614(763)14,284
Cash flows from financing activities:
Issuance of long-term debt3,247-3,440-6,687
Repayments of long-term debt(14,468)(477)(1,215)-(16,160)
Intercompany loans - net110(280)(445)615-
Purchase of common stock(4,902)---(4,902)
Cash dividends paid to shareholders(712)(5,358)(14,085)19,443(712)
Other, net(28)-(4,821)148(4,701)
Net cash (used in) provided by financing activities(16,753)(6,115)(17,126)20,206(19,788)
Effect of exchange rate changes on cash--(74)-(74)
Change in cash(4)40(607)-(571)
Cash at beginning of year30512,160-2,241
Reclassification to assets held for sale--88-88
Cash at end of year$26$91$1,641$-$1,758
Year Ended December 31, 2013
Net cash (used in) provided by operating activities$6,422$4,488$7,385$(12,430)$5,865
Cash flows from investing activities:
Sales of investments1,425-78,868(3,199)77,094
Purchase of investments(5,506)-(75,580)3,199(77,887)
Loans to subsidiaries – net3,660-395(4,055)-
Contributions to subsidiaries(2,081)(1)-2,082-
Net change in restricted cash493-751-1,244
Net change in short-term investments2,361-5,481-7,842
Other, net130-(1,324)-(1,194)
Net cash (used in) provided by investing activities482(1)8,591(1,973)7,099
Cash flows from financing activities:
Issuance of long-term debt2,015-3,220-5,235
Repayments of long-term debt(7,439)(245)(6,513)-(14,197)
Intercompany loans - net(123)(273)(3,659)4,055-
Purchase of common stock(597)---(597)
Cash dividends paid to shareholders(294)(3,991)(8,439)12,430(294)
Other, net(517)-694(2,082)(1,905)
Net cash (used in) provided by financing activities(6,955)(4,509)(14,697)14,403(11,758)
Effect of exchange rate changes on cash--(92)-(92)
Change in cash(51)(22)1,187-1,114
Cash at beginning of year8173997-1,151
Change in cash of businesses held for sale--(24)-(24)
Cash at end of year$30$51$2,160$-$2,241

* The Other Subsidiaries and Reclassifications and Eliminations amounts were disclosed together in prior periods. The new presentation had no impact on the Consolidated AIG amounts.
Supplementary Disclosure of Condensed Consolidating Cash Flow Information
American
InternationalReclassifications
Group, Inc.OtherandConsolidated
(in millions)(As Guarantor)AIGLHSubsidiaries*Eliminations*AIG
Cash (paid) received during the year ended December 31, 2015 for:
Interest:
Third party$(1,030)$(59)$(279)$-$(1,368)
Intercompany-----
Taxes:
Income tax authorities$(11)$-$(500)$-$(511)
Intercompany829-(829)--
Cash (paid) received during the year ended December 31, 2014 for:
Interest:
Third party$(1,624)$(87)$(1,656)$-$(3,367)
Intercompany5(7)2--
Taxes:
Income tax authorities$(18)$-$(719)$-$(737)
Intercompany1,172-(1,172)--
Cash (paid) received during the year ended December 31, 2013 for:
Interest:
Third party*$(1,963)$(111)$(1,782)$-$(3,856)
Intercompany(12)(21)33--
Taxes:
Income tax authorities$(161)$-$(635)$-$(796)
Intercompany288(78)(210)--

* The Other Subsidiaries and Reclassifications and Eliminations amounts were disclosed together in prior periods. The new presentation had no impact on the Consolidated AIG amounts.
Supplementary disclosure of non-cash activities
Years Ended December 31,
(in millions)201520142013
Intercompany non-cash financing and investing activities:
Capital contributions to subsidiaries through forgiveness of loans$-$-$341
Dividends received in the form of securities2,3263,088-
Other capital contributions - net4942,457523
Return of capital*-4,836-
Non-cash financing/investing activities:
Consideration received from sale of shares of AerCap500--

* Includes $4.8 billion return of capital from AIG Capital Corporation related to the sale of ILFC.