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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
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Assets:      
Mortgage and other loans receivable [1] $ 46,048 $ 45,562  
Short-term investments [1] 13,357 18,203  
Cash 2,198 [1] 2,827 [1] $ 2,856
Other assets [1] 14,351 13,122  
Liabilities:      
Fortitude Re funds withheld payable 40,771 43,060  
Other liabilities [1] 28,704 27,122  
Long-term debt and debt of consolidated investment entities [1] 30,163 37,534  
American International Group, Inc.      
Liabilities:      
Long-term debt and debt of consolidated investment entities 23,741 28,103  
Debt of consolidated investments      
Liabilities:      
Long-term debt and debt of consolidated investment entities [1] 6,422 9,431  
Carrying Value      
Assets:      
Mortgage and other loans receivable 46,033 45,562  
Other invested assets 878 843  
Short-term investments 8,931 12,235  
Cash 2,198 2,827  
Other assets 32 223  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 133,043 130,435  
Fortitude Re funds withheld payable 34,849 37,018  
Other liabilities 3,704 3,695  
Long-term debt and debt of consolidated investment entities 21,870 26,006  
Separate account liabilities - investment contracts 104,126 95,610  
Carrying Value | Debt of consolidated investments      
Liabilities:      
Long-term debt and debt of consolidated investment entities 6,422 9,431  
Total Fair Value      
Assets:      
Mortgage and other loans receivable 48,029 48,636  
Other invested assets 877 843  
Short-term investments 8,931 12,235  
Cash 2,198 2,827  
Other assets 32 223  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 143,143 144,571  
Fortitude Re funds withheld payable 34,849 37,018  
Other liabilities 3,704 3,695  
Long-term debt and debt of consolidated investment entities 25,094 30,675  
Separate account liabilities - investment contracts 104,126 95,610  
Total Fair Value | Debt of consolidated investments      
Liabilities:      
Long-term debt and debt of consolidated investment entities 6,390 9,711  
Level 1      
Assets:      
Mortgage and other loans receivable 0 0  
Other invested assets 0 0  
Short-term investments 0 0  
Cash 2,198 2,827  
Other assets 21 209  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 0 0  
Fortitude Re funds withheld payable 0 0  
Other liabilities 0 0  
Long-term debt and debt of consolidated investment entities 0 0  
Separate account liabilities - investment contracts 0 0  
Level 1 | Debt of consolidated investments      
Liabilities:      
Long-term debt and debt of consolidated investment entities 0 0  
Level 2      
Assets:      
Mortgage and other loans receivable 82 95  
Other invested assets 871 837  
Short-term investments 8,931 12,235  
Cash 0 0  
Other assets 11 14  
Liabilities:      
Policyholder contract deposits associated with investment-type contracts 169 214  
Fortitude Re funds withheld payable 0 0  
Other liabilities 3,704 3,695  
Long-term debt and debt of consolidated investment entities 24,758 30,310  
Separate account liabilities - investment contracts 104,126 95,610  
Level 2 | Debt of consolidated investments      
Liabilities:      
Long-term debt and debt of consolidated investment entities 3,077 1,746  
Level 3      
Assets:      
Mortgage and other loans receivable 47,947 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 142,974 144,357  
Fortitude Re funds withheld payable 34,849 37,018  
Other liabilities 0 0  
Long-term debt and debt of consolidated investment entities 336 365  
Separate account liabilities - investment contracts 0 0  
Level 3 | Debt of consolidated investments      
Liabilities:      
Long-term debt and debt of consolidated investment entities $ 3,313 $ 7,965  
[1] See Note 9 for details of balances associated with variable interest entities.