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Debt (Tables)
 12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Debt
The following table lists our total debt outstanding at December 31, 2024 and 2023. The interest rates presented in the following table are the range of contractual rates in effect at December 31, 2024, including fixed and variable-rates:
At December 31, 2024Range of
Interest Rate(s)		Maturity
Date(s)		Balance at
December 31, 2024		Balance at
December 31, 2023
(in millions)
General borrowings:
Notes and bonds payable
1.58% - 6.82%
2025 - 2055
$7,885 $9,079 
Junior subordinated debt
5.75% - 8.18%
2037 - 2058
602 992 
AIG Japan Holdings Kabushiki Kaisha
0.27% - 0.73%
2025
239 267 
Total general borrowings8,726 10,338 
Borrowings supported by assets
4.48% - 7.05%
2025 - 2046
37 37 
Other subsidiaries' notes, bonds, loans and mortgages payable - not guaranteed by AIG
9.96% - 10.46%
2027 - 2028
1 — 
Total long-term debt8,764 10,375 
Debt of consolidated investment entities - not guaranteed by AIG*
4.15% - 4.48%
2026 - 2028
158 231 
Total debt$8,922 $10,606 
*At December 31, 2024, includes debt of consolidated investment entities primarily related to real estate investments of $158 million. At December 31, 2023, includes debt of consolidated investment entities related to real estate investments of $79 million and other securitization vehicles of $152 million.
Schedule of Maturities of Long-Term Debt
The following table presents maturities of long-term debt (including unamortized original issue discount, hedge accounting valuation adjustments and fair value adjustments, when applicable):
December 31, 2024Year Ending
(in millions)Total20252026202720282029Thereafter
General borrowings:
Notes and bonds payable
$7,885 $146 $265 $848 $830 $257 $5,539 
Junior subordinated debt602 — — — — — 602 
AIG Japan Holdings Kabushiki Kaisha239 239 — — — — — 
Total general borrowings8,726 385 265 848 830 257 6,141 
Borrowings supported by assets37 12 7 — — — 18 
Other subsidiaries notes, bonds, loans and mortgages payable1 1 — — — — — 
Total long-term debt*
$8,764 $398 $272 $848 $830 $257 $6,159 
*Does not reflect $158 million of notes issued by consolidated investment entities, for which recourse is limited to the assets of the respective investment entities and for which there is no recourse to the general credit of AIG.