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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues:    
Premiums $ 8,806 $ 8,822
Policy fees 687 677
Net investment income 3,013 3,838
Net realized capital gains (losses):    
Total other-than-temporary impairments on available for sale securities (209) (87)
Portion of other-than-temporary impairments on available for sale fixed maturity securities recognized in Other comprehensive income (loss) 7 (10)
Net other-than-temporary impairments on available for sale securities recognized in net income (202) (97)
Other realized capital gains (904) 1,438
Total net realized capital gains (1,106) 1,341
Other income 379 1,297
Total revenues 11,779 15,975
Benefits, losses and expenses:    
Policyholder benefits and losses incurred 6,387 6,551
Interest credited to policyholder account balances 950 935
Amortization of deferred policy acquisition costs 1,262 1,350
General operating and other expenses 3,003 2,949
Interest expense 306 340
Loss on extinguishment of debt 83 68
Net (gain) loss on sale of properties and divested businesses 2 6
Total benefits, losses and expenses 11,993 12,199
Income (loss) from continuing operations before income tax expense (benefit) (214) 3,776
Income tax expense (benefit):    
Income tax expense (benefit) (58) 1,300
Income from continuing operations (156) 2,476
Income (loss) from discontinued operations, net of income tax expense (47) 1
Net income (203) 2,477
Less:    
Net income (loss) from continuing operations attributable to noncontrolling interests (20) 9
Net income attributable to AIG (183) 2,468
Net income (loss) attributable to AIG common shareholders $ (183) $ 2,468
Basic:    
Income from continuing operations $ (0.12) $ 1.81
Income (loss) from discontinued operations - basic (in dollars per share) (0.04) 0
Net income attributable to AIG (0.16) 1.81
Diluted:    
Income from continuing operations (0.12) 1.78
Income (loss) from discontinued operations (0.04) 0
Net income attributable to AIG $ (0.16) $ 1.78
Weighted average shares outstanding:    
Basic 1,156,548,459 1,365,951,690
Diluted 1,156,548,459 1,386,263,549
Dividends declared per common share $ 0.32 $ 0.125