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Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Premiums $ 31,259 $ 28,523 $ 30,561
Policy fees 3,051 2,917 3,015
Net investment income 14,612 13,631 14,619
Net realized gains (losses) 2,151 (2,238) 632
Other income 984 903 919
Total revenues 52,057 43,736 49,746
Benefits, losses and expenses:      
Policyholder benefits and losses incurred 24,388 24,806 25,402
Interest credited to policyholder account balances 3,557 3,622 3,832
Amortization of deferred policy acquisition costs 4,573 4,211 5,164
General operating and other expenses 8,790 8,396 8,537
Interest expense 1,305 1,457 1,417
Losses on extinguishment of debt 389 12 32
Net (gain) loss on divestitures (3,044) 8,525 75
Total benefits, losses and expenses 39,958 51,029 44,459
Income (loss) from continuing operations before income tax expense (benefit) 12,099 (7,293) 5,287
Current (45) 217 545
Deferred 2,221 (1,677) 621
Income tax expense (benefit) 2,176 (1,460) 1,166
Income (loss) from continuing operations 9,923 (5,833) 4,121
Income from discontinued operations, net of income taxes 0 4 48
Net income (loss) 9,923 (5,829) 4,169
Less:      
Net income from continuing operations attributable to noncontrolling interests 535 115 821
Net income (loss) attributable to AIG 9,388 (5,944) 3,348
Less: Dividends on peferred stock 29 29 22
Net income (loss) attributable to AIG common shareholders $ 9,359 $ (5,973) $ 3,326
Basic:      
Income (loss) from continuing operations $ 10.95 $ (6.88) $ 3.74
Income (loss) from discontinued operations 0 0 0.05
Net income (loss) attributable to AIG common shareholders 10.95 (6.88) 3.79
Diluted:      
Income (loss) from continuing operations 10.82 (6.88) 3.69
Income (loss) from discontinued operations 0 0 0.05
Net income (loss) attributable to AIG common shareholders $ 10.82 $ (6.88) $ 3.74
Weighted average shares outstanding:      
Basic 854,320,449 869,309,458 876,750,264
Diluted 864,884,879 869,309,458 889,511,946
Excluding Fortitude Re funds withheld assets      
Revenues:      
Net investment income $ 12,641 $ 12,578 $ 14,619
Net realized gains (losses) 1,751 (56) 632
Fortitude Re funds withheld assets      
Revenues:      
Net investment income 1,971 1,053 0
Net realized gains (losses) 1,003 463 0
Benefits, losses and expenses:      
Policyholder benefits and losses incurred 21    
Fortitude Re funds withheld embedded derivative      
Revenues:      
Net realized gains (losses) $ (603) $ (2,645) $ 0