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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Fixed maturity securities:    
Bonds available for sale, at fair value (amortized cost: 2019 - $233,345; 2018 - $225,780) $ 253,221 $ 229,391
Other bond securities, at fair value (See Note 6) 8,327 11,415
Equity securities, at fair value (See Note 6) 771 1,253
Mortgage and other loans receivable, net of allowance 45,075 43,135
Other invested assets (portion measured at fair value: 2019 - $6,060; 2018 - $5,894) 19,486 19,341
Short-term investments, including restricted cash of $64 in 2019 and $142 in 2018 (portion measured at fair value: 2019 - $5,577; 2018 - $3,015) 14,113 9,674
Total investments 340,993 314,209
Cash 3,361 2,873
Accrued investment income 2,391 2,389
Premiums and other receivables, net of allowance 11,786 11,011
Reinsurance assets, net of allowance 39,483 38,172
Deferred income taxes 13,054 15,221
Deferred policy acquisition costs 11,000 12,694
Other assets, including restricted cash of $345 in 2019 and $343 in 2018 (portion measured at fair value: 2019 - $1,185; 2018 - $973) 13,929 13,568
Separate account assets, at fair value 89,125 81,847
Total assets 525,122 491,984
Liabilities:    
Liability for unpaid losses and loss adjustment expenses 79,883 83,639
Unearned premiums 19,959 19,248
Future policy benefits for life and accident and health insurance contracts 50,747 44,935
Policyholder contract deposits (portion measured at fair value: 2019 - $7,166; 2018 - $4,116) 151,964 142,262
Other policyholder funds 3,440 3,568
Other liabilities (portion measured at fair value: 2019 - $1,140; 2018 - $1,265) 27,297 24,636
Long-term debt (portion measured at fair value: 2019 - $2,287; 2018 - $2,213) 35,262 34,540
Separate account liabilities 89,125 81,847
Total liabilities 457,677 434,675
Contingencies, commitments and guarantees (see Note 11)
AIG shareholders' equity:    
Series A Non-cumulative preferred stock and additional paid in capital, $5.00 par value; 100,000,000 shares authorized; shares issued: 2019 - 20,000 and 2018 - 0; liquidation preference $500 485 0
Common stock, $2.50 par value; 5,000,000,000 shares authorized; shares issued: 2019 - 1,906,671,492 and 2018 - 1,906,671,492 4,766 4,766
Treasury stock, at cost; 2019 - 1,036,722,246 shares; 2018 - 1,040,062,063 shares of common stock (48,989) (49,144)
Additional paid-in capital 81,287 81,268
Retained earnings 22,439 20,884
Accumulated other comprehensive income (loss) 5,615 (1,413)
Total AIG shareholders' equity 65,603 56,361
Non-redeemable noncontrolling interests 1,842 948
Total equity 67,445 57,309
Total liabilities and equity $ 525,122 $ 491,984