XML 173 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Fixed maturity securities:    
Bonds available for sale, at fair value (amortized cost: 2019 - $233,230; 2018 - $225,780) $ 251,086,000,000 $ 229,391,000,000
Other bond securities, at fair value (See Note 7) 6,682,000,000 11,415,000,000
Equity Securities, at fair value (See Note 7) 841,000,000 1,253,000,000
Mortgage and other loans receivable, net of allowance 46,984,000,000 43,135,000,000
Other invested assets (portion measured at fair value: 2019 - $6,827; 2018 - $5,894) 18,792,000,000 19,341,000,000
Short-term investments, including restricted cash of $188 in 2019 and $142 in 2018 (portion measured at fair value: 2019 - $5,343; 2018 - $3,015) 13,230,000,000 9,674,000,000
Total investments 337,615,000,000 314,209,000,000
Cash 2,856,000,000 2,873,000,000
Accrued investment income 2,334,000,000 2,389,000,000
Premiums and other receivables, net of allowance 10,274,000,000 11,011,000,000
Reinsurance assets, net of allowance 37,977,000,000 38,172,000,000
Deferred income taxes 13,146,000,000 15,221,000,000
Deferred policy acquisition costs 11,207,000,000 12,694,000,000
Other assets, including restricted cash of $243 in 2019 and $343 in 2018 (portion measured at fair value: 2019 - $3,151; 2018 - $973) 16,383,000,000 13,568,000,000
Separate account assets, at fair value 93,272,000,000 81,847,000,000
Total assets 525,064,000,000 491,984,000,000
Liabilities:    
Liability for unpaid losses and loss adjustment expenses 78,328,000,000 83,639,000,000
Unearned premiums 18,269,000,000 19,248,000,000
Future policy benefits for life and accident and health insurance contracts 50,512,000,000 44,935,000,000
Policyholder contract deposits (portion measured at fair value: 2019 - $6,910; 2018 - $4,116) 151,869,000,000 142,262,000,000
Other policyholder funds 3,428,000,000 3,568,000,000
Other liabilities (portion measured at fair value: 2019 - $1,100; 2018 - $1,265) 26,609,000,000 24,636,000,000
Long-term debt (portion measured at fair value: 2019 - $2,062; 2018 - $2,213) 35,350,000,000 34,540,000,000
Separate account liabilities 93,272,000,000 81,847,000,000
Total liabilities 457,637,000,000 434,675,000,000
Contingencies, commitments and guarantees (see Note 17)
AIG shareholders' equity:    
Series A Non-cumulative preferred stock and additional paid in capital, $5.00 par value; 100,000,000 shares authorized; shares issued: 2019 - 20,000 and 2018 - 0; liquidation preference $500 485,000,000 0
Common stock, $2.50 par value; 5,000,000,000 shares authorized; shares issued: 2019 - 1,906,671,492 and 2018 - 1,906,671,492 4,766,000,000 4,766,000,000
Treasury stock, at cost; 2019 - 1,036,672,461 shares; 2018 - 1,040,062,063 shares of common stock (48,987,000,000) (49,144,000,000)
Additional paid-in capital 81,345,000,000 81,268,000,000
Retained earnings 23,084,000,000 20,884,000,000
Accumulated other comprehensive income (loss) 4,982,000,000 (1,413,000,000)
Total AIG shareholders' equity 65,675,000,000 56,361,000,000
Non-redeemable noncontrolling interests 1,752,000,000 948,000,000
Total equity 67,427,000,000 57,309,000,000
Total liabilities and equity 525,064,000,000 491,984,000,000
American International Group, Inc.    
Liabilities:    
Long-term debt (portion measured at fair value: 2019 - $2,062; 2018 - $2,213) 25,479,000,000 26,136,000,000
Debt of consolidated investments    
Liabilities:    
Long-term debt (portion measured at fair value: 2019 - $2,062; 2018 - $2,213) $ 9,871,000,000 $ 8,404,000,000