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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Premiums $ 7,782 $ 8,806
Policy fees 724 687
Net investment income 3,686 3,013
Net realized capital gains (losses):    
Total other-than-temporary impairments on available for sale securities (39) (209)
Portion of other-than-temporary impairments on available for sale fixed maturity securities recognized in Other comprehensive income (loss) (21) 7
Net other-than-temporary impairments on available for sale securities recognized in net income (loss) (60) (202)
Other realized capital gains (losses) (55) (904)
Total net realized capital gains (losses) (115) (1,106)
Other income 555 379
Total revenues 12,632 11,779
Benefits, losses and expenses:    
Policyholder benefits and losses incurred 6,047 6,387
Interest credited to policyholder account balances 910 950
Amortization of deferred policy acquisition costs 1,108 1,262
General operating and other expenses 2,443 3,003
Interest expense 298 306
(Gain) Loss on extinguishment of debt (1) 83
Net (gain) loss on sale of properties and divested businesses 100 2
Total benefits, losses and expenses 10,905 11,993
Income (loss) from continuing operations before income tax expense (benefit) 1,727 (214)
Income tax expense (benefit):    
Income tax expense (benefit) 516 (58)
Income (loss) from continuing operations 1,211 (156)
Income (loss) from discontinued operations, net of income tax 0 (47)
Net income (loss) 1,211 (203)
Less:    
Net income (loss) from continuing operations attributable to noncontrolling interests 26 (20)
Net income (loss) attributable to AIG $ 1,185 $ (183)
Basic:    
Income (loss) from continuing operations $ 1.21 $ (0.12)
Loss from discontinued operations 0 (0.04)
Net income (loss) attributable to AIG 1.21 (0.16)
Diluted:    
Income (loss) from continuing operations 1.18 (0.12)
Income (loss) from discontinued operations 0 (0.04)
Net income (loss) attributable to AIG $ 1.18 $ (0.16)
Weighted average shares outstanding:    
Basic 980,777,243 1,156,548,459
Diluted 1,005,315,030 1,156,548,459
Dividends declared per common share $ 0.32 $ 0.32