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Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Assets:    
Bonds available for sale, allowance for credit losses $ 186 $ 98
Bonds available for sale, amortized cost 255,993 259,210
Mortgage and other loans receivable, allowance for credit losses 38,351 629
Other invested assets [1] 15,953 15,668
Short-term investments [1] 12,376 13,357
Premiums and other receivables, allowance for credit losses and disputes 169 185
Reinsurance asset, allowance for credit loss 295 333
Other assets, allowance for credit losses 49 49
Other assets [1] 12,714 14,351
Liabilities:    
Liability for unpaid losses and loss adjustment expenses, allowance for credit losses 14 14
Policyholder contract deposits 158,891 156,686
Fortitude Re funds withheld payable 30,383 $ 40,771
Short term debt $ 1,500  
AIG shareholders’ equity:    
Preferred stock, par value (in dollars per share) $ 5.00 $ 5.00
Preferred stock, shares authorized (in shares) 100,000,000 100,000,000
Preferred stock, shares issued (in shares) 20,000 20,000
Preferred stock liquidation preference $ 500 $ 500
Common stock, par value (in dollars per share) $ 2.50 $ 2.50
Common stock, shares authorized (in shares) 5,000,000,000 5,000,000,000
Common stock, shares issued (in shares) 1,906,671,492 1,906,671,492
Treasury stock, shares of common stock (in shares) 1,172,543,436 1,087,984,129
Fortitude RE    
Assets:    
Reinsurance asset, allowance for credit loss $ 0 $ 0
Excluding Fortitude    
Assets:    
Reinsurance asset, allowance for credit loss 295  
Short-term investments, at cost (approximates fair value)    
Assets:    
Restricted cash 140 197
Other assets    
Assets:    
Restricted cash 33 32
Recurring Basis    
Assets:    
Other invested assets 12,042 10,504
Short-term investments 5,708 4,426
Other assets 621 957
Liabilities:    
Policyholder contract deposits 7,146 9,736
Fortitude Re funds withheld payable (2,235)  
Fortitude Re funds withheld payable   5,922
Other liabilities 343 586
Long-term debt, portion measured at fair value $ 56 $ 1,871
[1] See Note 9 for details of balances associated with variable interest entities.