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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Premiums $ 34,393 $ 36,655 $ 37,254
Policy fees 2,732 2,755 2,615
Net investment income 14,065 14,053 16,079
Net realized capital gains (losses):      
Total other-than-temporary impairments on available for sale securities (458) (556) (182)
Portion of other-than-temporary impairments on available for sale fixed maturity securities recognized in Other comprehensive income (loss) (29) (35) (35)
Net other-than-temporary impairments on available for sale securities recognized in net income (487) (591) (217)
Other realized capital gains (losses) (1,457) 1,367 956
Total net realized capital gains (losses) (1,944) 776 739
Aircraft leasing revenue 0 0 1,602
Other income 3,121 4,088 6,117
Total revenues 52,367 58,327 64,406
Benefits, losses and expenses:      
Policyholder benefits and losses incurred 32,437 31,345 28,281
Interest credited to policyholder account balances 3,705 3,731 3,768
Amortization of deferred policy acquisition costs 4,521 5,236 5,330
General operating and other expenses 10,989 12,686 13,138
Interest expense 1,260 1,281 1,718
Aircraft leasing expenses 0 0 1,585
Loss on extinguishment of debt 74 756 2,282
Net (gain) loss on sale of properties and divested businesses (545) 11 (2,197)
Total benefits, losses and expenses 52,441 55,046 53,905
Income (loss) from continuing operations before income tax expense (74) 3,281 10,501
Income tax expense:      
Current 576 820 588
Deferred (391) 239 2,339
Income tax expense 185 1,059 2,927
Income (loss) from continuing operations (259) 2,222 7,574
Income (loss) from discontinued operations, net of income tax (90) 0 (50)
Net income (loss) (349) 2,222 7,524
Less:      
Net income (loss) from continuing operations attributable to noncontrolling interests 500 26 (5)
Net income (loss) attributable to AIG (849) 2,196 7,529
Net income (loss) attributable to AIG common shareholders $ (849) $ 2,196 $ 7,529
Basic:      
Income (loss) from continuing operations $ (0.7) $ 1.69 $ 5.31
Loss from discontinued operations (0.08) 0 (0.04)
Net income (loss) attributable to AIG (0.78) 1.69 5.27
Diluted:      
Income (loss) from continuing operations (0.7) 1.65 5.24
Income (loss) from discontinued operations (0.08) 0 (0.04)
Net income (loss) attributable to AIG $ (0.78) $ 1.65 $ 5.2
Weighted average shares outstanding:      
Basic 1,091,085,131 1,299,825,350 1,427,959,799
Diluted 1,091,085,131 1,334,464,883 1,447,553,652
Dividends declared per common share $ 1.28 $ 0.81 $ 0.5