TOTAL EQUITY (Tables)

9 Months Ended

Sep. 30, 2012

TOTAL EQUITY

Rollforward of common stock outstanding

	Preferred Stock
	AIG Series E			AIG Series F			AIG Series C			AIG Series G			Common Stock Issued		Treasury Stock			Outstanding Shares
Nine Months Ended September 30, 2012
Shares, beginning of year		–			–			–			–			1,906,568,099		(9,746,617	)		1,896,821,482
Issuances		–			–			–			–			44,567		658,549			703,116
Shares repurchased		–			–			–			–			–		(421,228,855	)		(421,228,855	)
Shares, end of period		–			–			–			–			1,906,612,666		(430,316,923	)		1,476,295,743
Nine Months Ended September 30, 2011
Shares, beginning of year		400,000			300,000			100,000			–			147,124,067		(6,660,908	)		140,463,159
Issuances		–			–			–			20,000			100,113,761		–			100,113,761
Settlement of equity unit stock purchase contracts		–			–			–			–			3,606,417		–			3,606,417
Shares exchanged*		(400,000	)		(300,000	)		(100,000	)		–			1,655,037,962		(11,678	)		1,655,026,284
Shares cancelled		–			–			–			(20,000	)		–		–			–
Shares, end of period		–			–			–			–			1,905,882,207		(6,672,586	)		1,899,209,621

*         See Note 1 to the Consolidated Financial Statements in the 2011 Annual Report for further discussion of shares exchanged in connection with the Recapitalization.

Summarizes information of public offerings of common stock by Department of the Treasury, as selling shareholder

			U.S. Treasury				AIG*
(dollars in millions, except share-price data)	Price		Shares Sold		Amount		Shares Purchased		Amount
May 2011 Offering	$	29.00		200,000,000	$	5,800		–	$	–
2012 Offerings:
March Offering		29.00		206,896,552		6,000		103,448,276		3,000
May Offering		30.50		188,524,589		5,750		65,573,770		2,000
August Offering		30.50		188,524,590		5,750		98,360,656		3,000
September Offering		32.50		636,923,075		20,700		153,846,153		5,000
				1,420,868,806	$	44,000		421,228,855	$	13,000

*         Shares purchased by AIG in each of the 2012 offerings were purchased pursuant to AIG Board of Directors authorization.

Accumulated Other Comprehensive Income (Loss)

(in millions)	Unrealized Appreciation (Depreciation) of Fixed Maturity Investments on Which Other-Than- Temporary Credit Impairments Were Taken			Unrealized Appreciation (Depreciation) of All Other Investments			Foreign Currency Translation Adjustments			Net Derivative Gains (Losses) Arising from Cash Flow Hedging Activities			Change in Retirement Plan Liabilities Adjustment			Total
Balance, December 31, 2011, net of tax	$	(736	)	$	7,891		$	(1,028	)	$	(17	)	$	(957	)	$	5,153
Change in unrealized appreciation of investments		2,045			7,901			–			–			–			9,946
Change in deferred acquisition costs adjustment and other		(37	)		(866	)		–			–			–			(903	)
Change in future policy benefits		(71	)		(438	)		–			–			–			(509	)
Change in foreign currency translation adjustments		–			–			(167	)		–			–			(167	)
Change in net derivative gains arising from cash flow hedging activities		–			–			–			11			–			11
Net actuarial gain		–			–			–			–			102			102
Prior service credit		–			–			–			–			(36	)		(36	)
Deferred tax asset (liability)		(810	)		(1,980	)		71			14			(5	)		(2,710	)
Total other comprehensive income (loss)		1,127			4,617			(96	)		25			61			5,734
Noncontrolling interests		–			7			(7	)		–			–			–
Balance, September 30, 2012, net of tax	$	391		$	12,501		$	(1,117	)	$	8		$	(896	)	$	10,887
Balance, December 31, 2010, net of tax	$	(659	)	$	8,888		$	298		$	(34	)	$	(869	)	$	7,624
Cumulative effect of change in accounting principle		–			283			(364	)		–			–			(81	)
Change in unrealized appreciation of investments		149			5,607			–			–			–			5,756
Change in deferred acquisition costs adjustment and other		99			(679	)		–			–			–			(580	)
Change in future policy benefits		–			(1,665	)		–			–			–			(1,665	)
Change in foreign currency translation adjustments		–			–			428			–			–			428
Change in net derivative losses arising from cash flow hedging activities		–			–			–			45			–			45
Net actuarial loss		–			–			–			–			(943	)		(943	)
Prior service credit		–			–			–			–			395			395
Change attributable to divestitures and deconsolidations		23			(3,643	)		(1,681	)		–			260			(5,041	)
Deferred tax asset (liability)		(166	)		(574	)		442			(31	)		98			(231	)
Total other comprehensive income (loss)		105			(954	)		(811	)		14			(190	)		(1,836	)
Acquisition of noncontrolling interest		–			43			62			–			(17	)		88
Noncontrolling interests		3			(160	)		4			–			–			(153	)
Balance, September 30, 2011, net of tax	$	(557	)	$	8,420		$	(819	)	$	(20	)	$	(1,076	)	$	5,948

Other comprehensive income (loss) reclassification adjustments

(in millions)	Unrealized Appreciation (Depreciation) of Fixed Maturity Investments on Which Other-Than- Temporary Credit Impairments Were Taken			Unrealized Appreciation (Depreciation) of All Other Investments			Foreign Currency Translation Adjustments			Net Derivative Gains (Losses) Arising from Cash Flow Hedging Activities			Change in Retirement Plan Liabilities Adjustment			Total
Three Months Ended September 30, 2012
Unrealized change arising during period	$	922		$	3,600		$	258		$	(1	)	$	1		$	4,780
Less: Reclassification adjustments included in net income		16			198			–			(4	)		(19	)		191
Total other comprehensive income, before income tax expense (benefit)		906			3,402			258			3			20			4,589
Less: Income tax expense (benefit)		409			1,071			18			1			(9	)		1,490
Total other comprehensive income, net of income tax expense (benefit)	$	497		$	2,331		$	240		$	2		$	29		$	3,099
Three Months Ended September 30, 2011
Unrealized change arising during period	$	(235	)	$	2,067		$	(529	)	$	(2	)	$	(576	)	$	725
Less: Reclassification adjustments included in net income		31			2,972			175			(16	)		(30	)		3,132
Total other comprehensive loss, before income tax expense (benefit)		(266	)		(905	)		(704	)		14			(546	)		(2,407	)
Less: Income tax expense (benefit)		(82	)		1,103			(122	)		71			(207	)		763
Total other comprehensive loss, net of income tax expense (benefit)	$	(184	)	$	(2,008	)	$	(582	)	$	(57	)	$	(339	)	$	(3,170	)
Nine Months Ended September 30, 2012
Unrealized change arising during period	$	1,949		$	8,072		$	(167	)	$	(2	)	$	5		$	9,857
Less: Reclassification adjustments included in net income		12			1,475			–			(13	)		(61	)		1,413
Total other comprehensive income (loss), before income tax expense (benefit)		1,937			6,597			(167	)		11			66			8,444
Less: Income tax expense (benefit)		810			1,980			(71	)		(14	)		5			2,710
Total other comprehensive income (loss), net of income tax expense (benefit)	$	1,127		$	4,617		$	(96	)	$	25		$	61		$	5,734
Nine Months Ended September 30, 2011
Unrealized change arising during period	$	265		$	4,570		$	428		$	(5	)	$	(595	)	$	4,663
Less: Reclassification adjustments included in net income		(6	)		4,950			1,681			(50	)		(307	)		6,268
Total other comprehensive income (loss), before income tax expense (benefit)		271			(380	)		(1,253	)		45			(288	)		(1,605	)
Less: Income tax expense (benefit)		166			574			(442	)		31			(98	)		231
Total other comprehensive income (loss), net of income tax expense (benefit)	$	105		$	(954	)	$	(811	)	$	14		$	(190	)	$	(1,836	)