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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Fixed maturity securities:    
Bonds available for sale, at fair value, net of allowance for credit losses of $98 in 2021 and $186 in 2020 (amortized cost: 2021 - $259,210; 2020 - $244,337) [1] $ 277,202,000,000 $ 271,496,000,000
Other bond securities, at fair value (See Note 5) [1] 6,278,000,000 5,291,000,000
Equity Securities, at fair value (See Note 5) [1] 739,000,000 1,056,000,000
Mortgage and other loans receivable, net of allowance for credit losses of $629 in 2021 and $814 in 2020 [1] 46,048,000,000 45,562,000,000
Other invested assets (portion measured at fair value: 2021 - $10,504; 2020 - $8,422) [1] 15,668,000,000 19,060,000,000
Short-term investments, including restricted cash of $197 in 2021 and $180 in 2020 (portion measured at fair value: 2021 - $4,426; 2020 - $5,968) [1] 13,357,000,000 18,203,000,000
Total investments 359,292,000,000 360,668,000,000
Cash [1] 2,198,000,000 2,827,000,000
Accrued investment income [1] 2,239,000,000 2,271,000,000
Premiums and other receivables, net of allowance for credit losses and disputes of $185 in 2021 and $205 in 2020 12,409,000,000 11,333,000,000
Deferred income taxes 11,714,000,000 12,624,000,000
Deferred policy acquisition costs 10,514,000,000 9,805,000,000
Other assets, net of allowance for credit losses of $49 in 2021 and $49 in 2020, including restricted cash of $32 in 2021 and $223 in 2020 (portion measured at fair value: 2021 - $957; 2020 - $887) [1] 14,351,000,000 13,122,000,000
Separate account assets, at fair value 109,111,000,000 100,290,000,000
Total assets 596,112,000,000 586,481,000,000
Liabilities:    
Liability for unpaid losses and loss adjustment expenses, including allowance for credit losses of $14 in 2021 and $14 in 2020 79,026,000,000 77,720,000,000
Unearned premiums 19,313,000,000 18,660,000,000
Future policy benefits for life and accident and health insurance contracts 59,950,000,000 56,878,000,000
Policyholder contract deposits (portion measured at fair value: 2021 - $9,736; 2020 - $9,798) 156,686,000,000 154,470,000,000
Other policyholder funds 3,476,000,000 3,548,000,000
Fortitude Re funds withheld payable (portion measured at fair value: 2021 - $5,922; 2020 - $6,042) 40,771,000,000 43,060,000,000
Other liabilities (portion measured at fair value: 2021 - $586; 2020 - $570) [1] 28,704,000,000 27,122,000,000
Long-term debt [1] 30,163,000,000 37,534,000,000
Separate account liabilities 109,111,000,000 100,290,000,000
Total liabilities 527,200,000,000 519,282,000,000
Contingencies, commitments and guarantees (see Note 15)
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: 2021 - 20,000 and 2020 - 20,000; liquidation preference $500 485,000,000 485,000,000
Common stock, $2.50 par value; 5,000,000,000 shares authorized; shares issued: 2021 - 1,906,671,492 and 2020 - 1,906,671,492 4,766,000,000 4,766,000,000
Treasury stock, at cost; 2021 - 1,087,984,129 shares; 2020 - 1,045,113,443 shares of common stock (51,618,000,000) (49,322,000,000)
Additional paid-in capital 81,851,000,000 81,418,000,000
Retained earnings 23,785,000,000 15,504,000,000
Accumulated other comprehensive income 6,687,000,000 13,511,000,000
Total AIG shareholders' equity 65,956,000,000 66,362,000,000
Non-redeemable noncontrolling interests 2,956,000,000 837,000,000
Total equity 68,912,000,000 67,199,000,000
Total liabilities and equity 596,112,000,000 586,481,000,000
Excluding Fortitude    
Fixed maturity securities:    
Reinsurance assets, net of allowance for credit losses and disputes 40,919,000,000 38,963,000,000
Fortitude    
Fixed maturity securities:    
Reinsurance assets, net of allowance for credit losses and disputes 33,365,000,000 34,578,000,000
American International Group, Inc.    
Liabilities:    
Long-term debt 23,741,000,000 28,103,000,000
Debt of consolidated investments    
Liabilities:    
Long-term debt [1] $ 6,422,000,000 $ 9,431,000,000
[1] See Note 9 for details of balances associated with variable interest entities.