XML 21 R4.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Premiums $ 6,073 $ 5,945 $ 17,720 $ 17,564
Net investment income:        
Total net investment income 772 973 3,343 2,942
Net realized gains (losses):        
Total net realized losses (490) (167) (851) (434)
Other income (loss) (4)      
Other income (loss)   0 13 2
Total revenues 6,351 6,751 20,225 20,074
Benefits, losses and expenses:        
Losses and loss adjustment expenses incurred 3,391 3,773 10,678 10,753
Amortization of deferred policy acquisition costs 850 863 2,522 2,543
General operating and other expenses 1,297 1,346 3,574 4,194
Interest expense 99 112 291 353
(Gain) loss on extinguishment of debt 0 0 (5) 1
Net (gain) loss on divestitures and other 0 8 (53) (94)
Total benefits, losses and expenses 5,637 6,102 17,007 17,750
Income from continuing operations before income tax expense 714 649 3,218 2,324
Income tax expense 190 168 852 571
Income from continuing operations 524 481 2,366 1,753
Loss from discontinued operations, net of income taxes 0 (24) 0 (3,580)
Net income (loss) 524 457 2,366 (1,827)
Less: Net income (loss) attributable to noncontrolling interests 5 (2) 5 475
Net income (loss) attributable to AIG 519 459 2,361 (2,302)
Less: Dividends on preferred stock and preferred stock redemption premiums 0 0 0 22
Net income (loss) attributable to AIG common shareholders $ 519 $ 459 $ 2,361 $ (2,324)
Basic:        
Income from continuing operations (in dollars per share) $ 0.94 $ 0.75 $ 4.12 $ 2.62
Loss from discontinued operations (in dollars per share) 0 (0.03) 0 (6.13)
Net income (loss) attributable to AIG common shareholders (in dollars per share) 0.94 0.72 4.12 (3.51)
Diluted:        
Income from continuing operations (in dollars per share) 0.93 0.74 4.08 2.59
Loss from discontinued operations (in dollars per share) 0 (0.03) 0 (6.07)
Net income (loss) attributable to AIG common shareholders (in dollars per share) $ 0.93 $ 0.71 $ 4.08 $ (3.48)
Weighted average shares outstanding:        
Basic (in shares) 553,308,504 641,621,768 573,176,050 661,691,554
Diluted (in shares) 558,519,830 647,365,442 578,421,227 667,355,069
Excluding Fortitude Re funds withheld assets        
Net investment income:        
Total net investment income $ 743 $ 922 $ 3,235 $ 2,819
Net realized gains (losses):        
Total net realized losses (431) 8 (683) (238)
Fortitude Re funds withheld assets        
Net investment income:        
Total net investment income 29 51 108 123
Net realized gains (losses):        
Total net realized losses (5) (18) (59) (38)
Fortitude Re funds withheld embedded derivative        
Net realized gains (losses):        
Total net realized losses $ (54) $ (157) $ (109) $ (158)