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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Fixed maturity securities:    
Bonds available for sale, at fair value, net of allowance for credit losses [1] $ 219,767 $ 277,202
Other bond securities [1] 7,131 6,278
Equity securities, at fair value (See Note 5) [1] 608 739
Mortgage and other loans receivable [1] 48,124 46,048
Other invested assets [1] 15,794 15,668
Short-term investments [1] 14,663 13,357
Total investments 306,087 359,292
Cash [1] 2,294 2,198
Accrued investment income [1] 2,286 2,239
Premiums and other receivables, net of allowance for credit losses and disputes of $176 in 2022 and $185 in 2021 13,476 12,409
Deferred income taxes 15,250 11,714
Deferred policy acquisition costs 15,822 10,514
Other assets [1] 12,868 14,351
Separate account assets, at fair value 81,302 109,111
Total assets 522,932 596,112
Liabilities:    
Liability for unpaid losses and loss adjustment expenses, including allowance for credit losses of $14 in 2022 and $14 in 2021 75,519 79,026
Unearned premiums 20,371 19,313
Future policy benefits for life and accident and health insurance contracts 57,266 59,950
Policyholder contract deposits (portion measured at fair value: 2022 - $6,385; 2021 - $9,736) 157,612 156,686
Other policyholder funds 3,928 3,476
Fortitude Re funds withheld payable (portion measured at fair value: 2022 - $(2,505); 2021 - $5,922) 30,424 40,771
Other liabilities (portion measured at fair value: 2022 - $276; 2021 - $586) [1] 25,077 28,704
Separate account liabilities 81,302 109,111
Total liabilities 481,931 527,200
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: 2022 - 20,000 and 2021 - 20,000; liquidation preference $500 485 485
Common stock, $2.50 par value; 5,000,000,000 shares authorized; shares issued: 2022 - 1,906,671,492 and 2021 - 1,906,671,492 4,766 4,766
Treasury stock, at cost; 2022 - 1,159,455,582 shares; 2021 - 1,087,984,129 shares of common stock (55,745) (51,618)
Additional paid-in capital 80,301 81,851
Retained earnings 33,009 23,785
Accumulated other comprehensive income (loss) (23,793) 6,687
Total AIG shareholders’ equity 39,023 65,956
Non-redeemable noncontrolling interests 1,978 2,956
Total equity 41,001 68,912
Total liabilities and equity 522,932 596,112
Consolidated Entities, Excluding Consolidated Investments    
Liabilities:    
Short-term and long-term debt 24,508 23,741
Consolidated Investments, Including Variable Interest Entities, Primarily Beneficiary    
Liabilities:    
Short-term and long-term debt [1] 5,924 6,422
Fortitude RE    
Fixed maturity securities:    
Reinsurance assets, net of allowance for credit losses and disputes 32,598 33,365
Excluding Fortitude    
Fixed maturity securities:    
Reinsurance assets, net of allowance for credit losses and disputes $ 40,949 $ 40,919
[1] See Note 8 for details of balances associated with variable interest entities.