QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2012

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

Consolidated Statements of Income (Loss)

	Three Months Ended
	March 31,						June 30,						September 30,						December 31,
(dollars in millions, except per share data)
	2012			2011			2012			2011			2012			2011			2012			2011
Total revenues	$	17,291		$	16,283		$	16,006		$	15,547		$	16,505		$	11,606		$	15,854		$	16,376
Income (loss) from continuing operations before income taxes		4,466			(1,428	)		1,669			1,711			2,558			(2,938	)		629			2,771
Income (loss) from discontinued operations, net of income taxes		64			2,707			179			41			37			(1,052	)		(4,332	)		94
Net income (loss)		3,449			1,501			2,339			2,053			1,861			(3,826	)		(3,949	)		21,602
Net income (loss) from continuing operations attributable to noncontrolling interests:
Nonvoting, callable, junior, and senior preferred interests		208			252			–			141			–			145			–			96
Other		33			(55	)		7			64			5			19			9			26
Total net income from continuing operations attributable to noncontrolling interests		241			197			7			205			5			164			9			122
Net income (loss) from discontinued operations attributable to noncontrolling interests		–			7			–			12			–			–			–			1
Total net income (loss) attributable to noncontrolling interests		241			204			7			217			5			164			9			123
Net income (loss) attributable to AIG	$	3,208		$	1,297		$	2,332		$	1,836		$	1,856		$	(3,990	)	$	(3,958	)	$	21,479
Earnings (loss) per common share attributable to AIG common shareholders:
Basic and diluted:
Income (loss) from continuing operations	$	1.68		$	(1.42	)	$	1.23		$	0.98		$	1.11		$	(1.55	)	$	0.25		$	11.26
Income (loss) from discontinued operations	$	0.03		$	1.73		$	0.10		$	0.02		$	0.02		$	(0.55	)	$	(2.93	)	$	0.05
Weighted average shares outstanding:
Basic		1,875,972,970			1,557,748,353			1,756,689,067			1,836,713,069			1,642,472,814			1,899,500,628			1,476,457,586			1,898,734,116
Diluted		1,876,002,775			1,557,863,729			1,756,714,475			1,836,771,513			1,642,502,251			1,899,500,628			1,476,457,586			1,898,845,071
Noteworthy quarterly items – income (expense):
Other-than-temporary impairments		(618	)		(254	)		(216	)		(181	)		(114	)		(496	)		(219	)		(349	)
Net gain (loss) on sale of divested businesses		–			(72	)		–			(2	)		–			(2	)		(2	)		2
Adjustment to federal and foreign deferred tax valuation allowance		347			(604	)		1,239			564			205			(905	)		116			19,252
Net gain (loss) on extinguishment of debt		(21	)		(3,313	)		(11	)		(79	)		–			–			41			484
Change in fair value of AIA securities		1,795			1,062			(493	)		1,521			527			(2,315	)		240			1,021
Change in fair value of Maiden Lane Interests		1,498			995			1,306			(843	)		330			(974	)		–			218