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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Fixed maturity securities:    
Bonds available for sale, at fair value (amortized cost: 2016 - $241,730; 2015 - $240,968) $ 253,785 $ 248,245
Other bond securities, at fair value (See Note 5) 15,344 16,782
Equity Securities:    
Common and preferred stock available for sale, at fair value (cost: 2016 - $1,329; 2015 - $1,379) 2,770 2,915
Other common and preferred stock, at fair value (See Note 5) 877 921
Mortgage and other loans receivable, net of allowance (portion measured at fair value: 2016 - $11; 2015 - $11) 30,676 29,565
Other invested assets (portion measured at fair value: 2016 - $7,996; 2015 - $8,912) 28,480 29,794
Short-term investments (portion measured at fair value: 2016 - $2,468; 2015 - $2,591) 10,914 10,132
Total investments 342,846 338,354
Cash 1,499 1,629
Accrued investment income 2,657 2,623
Premiums and other receivables, net of allowance 12,414 11,451
Reinsurance assets, net of allowance 21,332 20,413
Deferred income taxes 20,116 20,394
Deferred policy acquisition costs 10,800 11,115
Other assets, including restricted cash of $181 in 2016 and $170 in 2015 11,581 11,289
Separate account assets, at fair value 79,532 79,574
Total assets 502,777 496,842
Liabilities:    
Liability for unpaid losses and loss adjustment expenses 73,946 74,942
Unearned premiums 22,060 21,318
Future policy benefits for life and accident and health insurance contracts 44,573 43,585
Policyholder contract deposits (portion measured at fair value: 2016 - $3,290; 2015 - $2,325) 130,007 127,588
Other policyholder funds (portion measured at fair value: 2016 - $6; 2015 - $6) 4,203 4,212
Other liabilities (portion measured at fair value: 2016 - $175; 2015 - $62) 27,423 26,164
Long-term debt (portion measured at fair value: 2016 - $3,902; 2015 - $3,670) 31,952 29,249
Separate account liabilities 79,532 79,574
Total liabilities $ 413,696 $ 406,632
Contingencies, commitments and guarantees (see Note 9)
AIG shareholders' equity:    
Common stock, $2.50 par value; 5,000,000,000 shares authorized; shares issued: 2016 - 1,906,671,492 and 2015 - 1,906,671,492 $ 4,766 $ 4,766
Treasury stock, at cost; 2016 - 775,933,133 shares; 2015 - 712,754,875 shares of common stock (33,584) (30,098)
Additional paid-in capital 81,415 81,510
Retained earnings 30,396 30,943
Accumulated other comprehensive income (loss) 5,525 2,537
Total AIG shareholders' equity 88,518 89,658
Non-redeemable noncontrolling interests 563 552
Total equity 89,081 90,210
Total liabilities and equity $ 502,777 $ 496,842