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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Premiums $ 30,561 $ 30,614 $ 31,374
Policy fees 3,015 2,791 2,935
Net Investment Income 14,619 12,476 14,179
Net realized capital gains (losses):      
Total other-than-temporary impairments on available for sale securities (172) (190) (196)
Portion of other-than-temporary impairments on available for sale fixed maturity securities recognized in Other comprehensive income (loss) (2) (61) (31)
Net other-than-temporary impairments on available for sale securities recognized in net income (loss) (174) (251) (227)
Other realized capital gains (losses) 806 121 (1,153)
Total net realized capital gains (losses) 632 (130) (1,380)
Other income 919 1,638 2,412
Total revenues 49,746 47,389 49,520
Benefits, losses and expenses:      
Policyholder benefits and losses incurred 25,402 27,412 29,972
Interest credited to policyholder account balances 3,832 3,754 3,592
Amortization of DAC 5,164 5,386 4,288
General operating and other expenses 8,537 9,302 9,107
Interest expense 1,417 1,309 1,168
(Gain) loss on extinguishment of debt 32 7 (5)
Net (gain) loss on sale of divested businesses 75 (38) (68)
Total benefits, losses and expenses 44,459 47,132 48,054
Income from continuing operations before income tax expense 5,287 257 1,466
Income tax expense (benefit):      
Current 545 336 636
Deferred 621 (182) 6,890
Income tax expense 1,166 154 7,526
Income (loss) from continuing operations 4,121 103 (6,060)
Income (loss) from discontinued operations, net of income taxes 48 (42) 4
Net income (loss) 4,169 61 (6,056)
Less:      
Net income (loss) from continuing operations attributable to noncontrolling interests 821 67 28
Net income (loss) attributable to AIG 3,348 (6) (6,084)
Less: Dividends on peferred stock 22 0 0
Net income (loss) attributable to AIG common shareholders $ 3,326 $ (6) $ (6,084)
Basic:      
Income (loss) from continuing operations $ 3.74 $ 0.04 $ (6.54)
Income (loss) from discontinued operations 0.05 (0.05) 0
Net income (loss) attributable to AIG common shareholders 3.79 (0.01) (6.54)
Diluted:      
Income (loss) from continuing operations 3.69 0.04 (6.54)
Income (loss) from discontinued operations 0.05 (0.05) 0
Net income (loss) attributable to AIG common shareholders $ 3.74 $ (0.01) $ (6.54)
Weighted average shares outstanding:      
Basic 876,750,264 898,405,537 930,561,286
Diluted 889,511,946 910,141,242 930,561,286