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FAIR VALUE MEASUREMENTS (Details - Carrying values and estimated fair values of our financial instruments not measured at fair value) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Jun. 30, 2020
Assets:      
Mortgage and other loans receivable [1] $ 45,216 $ 45,562  
Short-term investments [1] 15,169 18,203  
Cash 2,760 [1] 2,827 [1] $ 3,408
Other assets [1] 13,267 13,122  
Liabilities:      
Fortitude Re funds withheld payable 41,403 43,060  
Other liabilities [1] 30,039 27,122  
Long-term debt [1] 26,161 28,103  
Debt of consolidated investments      
Liabilities:      
Long-term debt [1] 9,566 9,431  
Carrying Value      
Assets:      
Mortgage and other loans receivable 45,216 45,562  
Other invested assets 850 843  
Short-term investments 9,646 12,235  
Cash 2,760 2,827  
Other assets 242 223  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 132,367 130,435  
Fortitude Re funds withheld payable 36,086 37,018  
Other liabilities 3,692 3,695  
Separate account liabilities - investment contracts 102,392 95,610  
Carrying Value | American International Group, Inc.      
Liabilities:      
Long-term debt 24,187 26,006  
Carrying Value | Debt of consolidated investments      
Liabilities:      
Long-term debt 9,566 9,431  
Total Fair Value      
Assets:      
Mortgage and other loans receivable 47,708 48,636  
Other invested assets 850 843  
Short-term investments 9,646 12,235  
Cash 2,760 2,827  
Other assets 242 223  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 143,809 144,571  
Fortitude Re funds withheld payable 36,086 37,018  
Other liabilities 3,692 3,695  
Separate account liabilities - investment contracts 102,392 95,610  
Total Fair Value | American International Group, Inc.      
Liabilities:      
Long-term debt 27,852 30,675  
Total Fair Value | Debt of consolidated investments      
Liabilities:      
Long-term debt 9,610 9,711  
Level 1      
Assets:      
Mortgage and other loans receivable 0 0  
Other invested assets 0 0  
Short-term investments 0 0  
Cash 2,760 2,827  
Other assets 229 209  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 0 0  
Fortitude Re funds withheld payable 0 0  
Other liabilities 0 0  
Separate account liabilities - investment contracts 0 0  
Level 1 | American International Group, Inc.      
Liabilities:      
Long-term debt 0 0  
Level 1 | Debt of consolidated investments      
Liabilities:      
Long-term debt 0 0  
Level 2      
Assets:      
Mortgage and other loans receivable 89 95  
Other invested assets 844 837  
Short-term investments 9,646 12,235  
Cash 0 0  
Other assets 13 14  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 189 214  
Fortitude Re funds withheld payable 0 0  
Other liabilities 3,692 3,695  
Separate account liabilities - investment contracts 102,392 95,610  
Level 2 | American International Group, Inc.      
Liabilities:      
Long-term debt 27,506 30,310  
Level 2 | Debt of consolidated investments      
Liabilities:      
Long-term debt 2,359 1,746  
Level 3      
Assets:      
Mortgage and other loans receivable 47,619 48,541  
Other invested assets 6 6  
Short-term investments 0 0  
Cash 0 0  
Other assets 0 0  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 143,620 144,357  
Fortitude Re funds withheld payable 36,086 37,018  
Other liabilities 0 0  
Separate account liabilities - investment contracts 0 0  
Level 3 | American International Group, Inc.      
Liabilities:      
Long-term debt 346 365  
Level 3 | Debt of consolidated investments      
Liabilities:      
Long-term debt $ 7,251 $ 7,965  
[1] See Note 8 for details of balances associated with variable interest entities.