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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Fixed maturity securities:    
Bonds available for sale, at fair value (amortized cost: 2017 - $220,629; 2016 - $232,241) $ 230,698 $ 241,537
Other bond securities, at fair value (See Note 6) 13,605 13,998
Equity Securities:    
Common and preferred stock available for sale, at fair value (cost: 2017 - $1,604; 2016 - $1,697) 2,099 2,078
Other common and preferred stock, at fair value (See Note 6) 500 482
Mortgage and other loans receivable, net of allowance (portion measured at fair value: 2017 - $11; 2016 - $11) 33,878 33,240
Other invested assets (portion measured at fair value: 2017 - $7,094; 2016 - $6,946) 23,652 24,538
Short-term investments (portion measured at fair value: 2017 - $2,453; 2016 - $3,341) 11,073 12,302
Total investments 315,505 328,175
Cash 1,918 1,868
Accrued investment income 2,386 2,495
Premiums and other receivables, net of allowance 11,130 10,465
Reinsurance assets, net of allowance 34,140 21,901
Deferred income taxes 20,881 21,332
Deferred policy acquisition costs 11,091 11,042
Other assets, including restricted cash of $213 in 2017 and $193 in 2016 (portion measured at fair value: 2017 - $1,247; 2016 - $1,809) 10,606 10,815
Separate account assets, at fair value 85,917 82,972
Assets held for sale 6,588 7,199
Total assets 500,162 498,264
Liabilities:    
Liability for unpaid losses and loss adjustment expenses 76,050 77,077
Unearned premiums 19,840 19,634
Future policy benefits for life and accident and health insurance contracts 42,719 42,204
Policyholder contract deposits (portion measured at fair value: 2017 - $3,097; 2016 - $3,058) 132,639 132,216
Other policyholder funds (portion measured at fair value: 2017 - $5; 2016 - $5) 3,719 3,989
Other liabilities (portion measured at fair value: 2017 - $1,261; 2016 - $2,016) 28,093 26,296
Long-term debt (portion measured at fair value: 2017 - $3,151; 2016 - $3,428) 30,747 30,912
Separate account liabilities 85,917 82,972
Liabilities held for sale 5,771 6,106
Total liabilities 425,495 421,406
Contingencies, commitments and guarantees (see Note 11)
AIG shareholders' equity:    
Common stock, $2.50 par value; 5,000,000,000 shares authorized; shares issued: 2017 - 1,906,671,492 and 2016 - 1,906,671,492 4,766 4,766
Treasury stock, at cost; 2017 - 964,191,466 shares; 2016 - 911,335,651 shares of common stock (44,915) (41,471)
Additional paid-in capital 80,846 81,064
Retained earnings 29,591 28,711
Accumulated other comprehensive income (loss) 3,781 3,230
Total AIG shareholders' equity 74,069 76,300
Non-redeemable noncontrolling interests 598 558
Total equity 74,667 76,858
Total liabilities and equity $ 500,162 $ 498,264