2016 Q2 Form 10-Q Financial Statement

#000000527216000046 Filed on August 02, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q2
Revenue $14.72B $15.70B
YoY Change -6.21% -2.71%
Cost Of Revenue $6.872B $7.100B
YoY Change -3.21% 4.86%
Gross Profit $7.852B $8.599B
YoY Change -8.69% -8.18%
Gross Profit Margin 53.33% 54.77%
Selling, General & Admin $2.586B $3.090B
YoY Change -16.31% 39.63%
% of Gross Profit 32.93% 35.93%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.345B $1.356B
YoY Change -0.81% -2.87%
% of Gross Profit 17.13% 15.77%
Operating Expenses $2.586B $3.090B
YoY Change -16.31% 39.63%
Operating Profit $5.266B $5.509B
YoY Change -4.41% -22.97%
Interest Expense $320.0M $316.0M
YoY Change 1.27% -31.75%
% of Operating Profit 6.08% 5.74%
Other Income/Expense, Net
YoY Change
Pretax Income $2.858B $2.552B
YoY Change 11.99% -43.04%
Income Tax $924.0M $777.0M
% Of Pretax Income 32.33% 30.45%
Net Earnings $1.913B $1.800B
YoY Change 6.28% -41.43%
Net Earnings / Revenue 12.99% 11.47%
Basic Earnings Per Share $1.72 $1.35
Diluted Earnings Per Share $1.68 $1.32
COMMON SHARES
Basic Shares Outstanding 1.114B shares 1.329B shares
Diluted Shares Outstanding 1.140B shares 1.365B shares

Balance Sheet

Concept 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $350.7B $348.6B
YoY Change 0.6% -5.78%
Other Assets $18.73B $19.13B
YoY Change -2.05% -3.95%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $510.3B $510.0B
YoY Change 0.07% -3.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $33.33B $30.36B
YoY Change 9.78% -20.97%
Other Long-Term Liabilities $27.39B $25.48B
YoY Change 7.51% -20.44%
Total Long-Term Liabilities $60.72B $55.84B
YoY Change 8.74% -20.73%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities $60.72B $55.84B
Total Liabilities $419.8B $405.7B
YoY Change 3.47% -3.52%
SHAREHOLDERS EQUITY
Retained Earnings $31.95B
YoY Change
Common Stock $86.00B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $36.26B
YoY Change
Treasury Stock Shares 824.0M shares
Shareholders Equity $89.95B $104.3B
YoY Change
Total Liabilities & Shareholders Equity $510.3B $510.0B
YoY Change 0.07% -3.61%

Cashflow Statement

Concept 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income $1.913B $1.800B
YoY Change 6.28% -41.43%
Depreciation, Depletion And Amortization $1.345B $1.356B
YoY Change -0.81% -2.87%
Cash From Operating Activities $1.539B $105.0M
YoY Change 1365.71% -89.1%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$649.0M $4.972B
YoY Change -113.05% -4209.09%
Cash From Investing Activities -$649.0M $4.972B
YoY Change -113.05% -4209.09%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -643.0M -4.962B
YoY Change -87.04% 227.96%
NET CHANGE
Cash From Operating Activities 1.539B 105.0M
Cash From Investing Activities -649.0M 4.972B
Cash From Financing Activities -643.0M -4.962B
Net Change In Cash 247.0M 115.0M
YoY Change 114.78% -117.14%
FREE CASH FLOW
Cash From Operating Activities $1.539B $105.0M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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us-gaap Use Of Estimates
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<div><p style='text-align:left;margin-top:18pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Arial;font-size:10.5pt;font-weight:bold;margin-left:0pt;color:#005984;' >Use of Estimates</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:12pt;margin-bottom:12pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9.5pt;margin-left:0pt;' >The preparation of financial statements in accordance with GAAP requires the application of accounting policies that often involve a significant degree of judgment. Accounting policies that</font><font style='font-family:Arial;font-size:9.5pt;' > we believe are most dependent on the application of estimates and assumptions are considered our critical accounting estimates and are related to the determination of:</font></p><ul style='margin-top:0pt;' ><li style='text-align:left;margin-top:0pt;margin-bottom:6pt;' ><font style='font-family:Arial;font-size:9.5pt;' >income tax assets and liabilities, including recoverability of our net deferred tax ass</font><font style='font-family:Arial;font-size:9.5pt;' >et and the predictability of future tax operating profitability of the character necessary to realize the net deferred tax asset;</font></li><li style='text-align:left;margin-top:0pt;margin-bottom:6pt;' ><font style='font-family:Arial;font-size:9.5pt;' >liability for unpaid losses and loss adjustment expenses;</font></li><li style='text-align:left;margin-top:0pt;margin-bottom:6pt;' ><font style='font-family:Arial;font-size:9.5pt;' >reinsurance assets;</font></li><li style='text-align:left;margin-top:0pt;margin-bottom:6pt;' ><font style='font-family:Arial;font-size:9.5pt;' >valuation of future policy benefit liabilities a</font><font style='font-family:Arial;font-size:9.5pt;' >nd timing and extent of loss recognition;</font></li><li style='text-align:left;margin-top:0pt;margin-bottom:6pt;' ><font style='font-family:Arial;font-size:9.5pt;' >valuation of liabilities for guaranteed benefit features of variable annuity products;</font></li><li style='text-align:left;margin-top:0pt;margin-bottom:6pt;' ><font style='font-family:Arial;font-size:9.5pt;' >estimated gross profits to value deferred acquisition costs for investment-oriented products;</font></li><li style='text-align:left;margin-top:0pt;margin-bottom:6pt;' ><font style='font-family:Arial;font-size:9.5pt;' >impairment charges, including other-than-temporary impairments on available for sale securities, impairments on other invested assets, including investments in life settlements, and goodwill impairment;</font></li><li style='text-align:left;margin-top:0pt;margin-bottom:6pt;' ><font style='font-family:Arial;font-size:9.5pt;' >liability for legal contingencies; and</font></li><li style='text-align:left;margin-top:0pt;margin-bottom:6pt;' ><font style='font-family:Arial;font-size:9.5pt;' >fair value mea</font><font style='font-family:Arial;font-size:9.5pt;' >surements of certain financial assets and liabilities.</font></li></ul><p style='text-align:left;margin-top:12pt;margin-bottom:12pt;line-height:12pt;' ><font style='font-family:Arial;font-size:9.5pt;margin-left:0pt;' >These accounting estimates require the use of assumptions about matters, some of which are highly uncertain at the time of estimation. To the extent actual experience differs from the assumptions used,</font><font style='font-family:Arial;font-size:9.5pt;' > our consolidated financial condition, results of operations and cash flows could be materially affected.</font></p></div>
us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
678000000 USD
CY2015Q4 us-gaap Alternative Investments Fair Value Disclosure
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8577000000 USD
CY2016Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
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us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
274000000 USD
us-gaap Allowance For Loan And Lease Losses Adjustments Net
AllowanceForLoanAndLeaseLossesAdjustmentsNet
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
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CY2015Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
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39643000000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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-145000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
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us-gaap Premiums Earned Net
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CY2015Q4 us-gaap Common Stock Shares Authorized
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2077000000 USD
aig Change In Property Casualty And Life Insurance Reserves
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us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2016Q2 aig Income Loss From Continuing Operations Before Income Taxes
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
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CY2015Q2 us-gaap Cash
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us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
24198000000 USD
CY2016Q2 us-gaap Loans And Leases Receivable Allowance
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us-gaap Additions To Contract Holders Funds
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us-gaap Provision For Loan And Lease Losses
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CY2016Q2 aig Other Than Temporary Impairments Due To Change In Projected Cash Flows
OtherThanTemporaryImpairmentsDueToChangeInProjectedCashFlows
5000000 USD
CY2015Q2 us-gaap Debt Instrument Interest Rate Stated Percentage
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0.065 pure
aig Income Taxes Paid Intercompany Net
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CY2016Q2 us-gaap Liability For Future Policy Benefits
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CY2016Q2 us-gaap Available For Sale Securities Amortized Cost
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245696000000 USD
CY2015Q4 us-gaap Fair Value Option Aggregate Differences Loans And Long Term Receivables
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29873000000 USD
us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
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CY2015Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2016Q2 aig Other Commitments Amount
OtherCommitmentsAmount
3200000000 USD
CY2016Q2 us-gaap Unrecognized Tax Benefits
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4500000000 USD
CY2016Q2 us-gaap Other Liabilities
OtherLiabilities
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CY2015Q4 aig Other Investments Amount
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CY2015Q4 aig Policyholder Contract Deposits At Fair Value
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CY2015Q2 us-gaap Selling General And Administrative Expense
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3090000000 USD
CY2015Q4 aig Trading Securities Fair Value Percentage
TradingSecuritiesFairValuePercentage
1 pure
us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
19000000 USD
us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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aig Other Comprehensive Income Unrealized Gain Loss On Future Policy Benefit Reserves Net Of Offset In Deferred Acquisition Costs
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.49
CY2015Q4 us-gaap Assets Held By Insurance Regulators
AssetsHeldByInsuranceRegulators
4900000000 USD
CY2015Q4 us-gaap Long Term Debt
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CY2016Q2 us-gaap Fair Value Of Securities Received As Collateral That Have Been Resold Or Repledged
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105000000 USD
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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CY2016Q2 aig Other Than Temporary Impairments Due To Issuer Specific Credit Events
OtherThanTemporaryImpairmentsDueToIssuerSpecificCreditEvents
95000000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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aig Interest Paid Intercompany
InterestPaidIntercompany
0 USD
CY2015Q2 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
CY2015Q4 us-gaap Accrued Investment Income Receivable
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CY2015Q4 us-gaap Common Stock Value
CommonStockValue
4766000000 USD
CY2016Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
6830000000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
1913000000 USD
CY2016Q2 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
1100000000 USD
CY2015Q2 aig Available For Sale Securities Sold Fair Value
AvailableForSaleSecuritiesSoldFairValue
7100000000 USD
CY2016Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases Sales Issuances Settlements
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CY2016Q2 us-gaap Profit Loss
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CY2015Q2 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
709000000 USD
aig Fair Value Level3 Transfers Out At End Of Period Net Gain Loss Included In Level3 Gains Losses
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CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
30943000000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
15000000 USD
us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
23859000000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
1169000000 USD
CY2015Q2 aig Other Comprehensive Income Unrealized Holding Gain Loss On All Investments Other Than Investments On Which Other Than Temporary Impairments Were Taken After Taxes
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CY2016Q2 aig Available For Sale Securities Sold Fair Value
AvailableForSaleSecuritiesSoldFairValue
8300000000 USD
CY2015Q4 us-gaap Other Liabilities
OtherLiabilities
26164000000 USD
CY2016Q2 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
29000000 USD
CY2015Q4 us-gaap Separate Account Assets
SeparateAccountAssets
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CY2016Q2 aig Shortterminvestmentsatfairvalue
Shortterminvestmentsatfairvalue
3949000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
3000000 USD
CY2016Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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aig Other Expense
OtherExpense
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us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
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CY2015Q2 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
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CY2015Q2 aig Other Than Temporary Impairments Due To Foreign Currency Fluctuations
OtherThanTemporaryImpairmentsDueToForeignCurrencyFluctuations
3000000 USD
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2015Q2 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
156000000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
10617000000 USD
CY2015Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-342000000 USD
CY2015Q4 us-gaap Fair Value Of Securities Received As Collateral That Have Been Resold Or Repledged
FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
221000000 USD
CY2016Q2 aig Otherpolicyholdercontractdepositsatfairvalue
Otherpolicyholdercontractdepositsatfairvalue
5000000 USD
us-gaap Withdrawal From Contract Holders Funds
WithdrawalFromContractHoldersFunds
7225000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2016Q2 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
99000000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
822000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1506000000 USD
us-gaap Allowance For Loan And Lease Losses Writeoffs Net
AllowanceForLoanAndLeaseLossesWriteoffsNet
1000000 USD
CY2016Q2 us-gaap Other Investments
OtherInvestments
27345000000 USD
dei Amendment Flag
AmendmentFlag
false
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
918000000 USD
CY2015Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
3000000000 USD
CY2015Q2 us-gaap Net Investment Income
NetInvestmentIncome
3826000000 USD
CY2016Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
19482000000 USD
aig Unrealized Gains Losses In Earnings Net
UnrealizedGainsLossesInEarningsNet
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
3000000 USD
aig Other Than Temporary Impairments Due To Issuer Specific Credit Events
OtherThanTemporaryImpairmentsDueToIssuerSpecificCreditEvents
138000000 USD
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2016Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1082689362 shares
CY2016Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2015Q4 aig Hybrid Instruments At Par Value
HybridInstrumentsAtParValue
11200000000 USD
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
223000000 USD
aig Payments For Proceeds From Other Unspecified Financing Activities
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CY2015Q4 us-gaap Derivative Liabilities
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2020000000 USD
us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
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3998000000 USD
CY2015Q2 aig Investmentmaturityyear
Investmentmaturityyear
2045
CY2016Q2 us-gaap Available For Sale Securities Equity Securities
AvailableForSaleSecuritiesEquitySecurities
1642000000 USD
CY2016Q2 us-gaap Provision For Loan Losses Expensed
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30000000 USD
CY2016Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
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406000000 USD
CY2016Q2 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
84000000 USD
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
3687000000 USD
CY2015Q4 us-gaap Deferred Income Tax Assets Net
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20394000000 USD
CY2015Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
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796000000 USD
CY2016Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.54
CY2015Q2 aig Other Expense
OtherExpense
12489000000 USD
CY2016Q2 us-gaap Other Assets
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us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
223000000 USD
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
712754875 shares
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
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584000000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
1743000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
4200000000 USD
CY2016Q2 us-gaap Net Investment Income
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3683000000 USD
CY2016Q2 aig Trading Securities Fair Value Percentage
TradingSecuritiesFairValuePercentage
1 pure
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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12176000000 USD
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
3758000000 USD
aig Other Comprehensive Income Unrealized Holding Gain Loss On All Investments Other Than Investments On Which Other Than Temporary Impairments Were Taken After Taxes
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5836000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
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696000000 USD
CY2016Q2 us-gaap Trading Securities
TradingSecurities
15996000000 USD
aig Other Than Temporary Impairments Due To Foreign Currency Fluctuations
OtherThanTemporaryImpairmentsDueToForeignCurrencyFluctuations
7000000 USD
CY2010Q4 aig Loss Contingency Number Of States Participating In Accident And Health Products Examination
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50 item
us-gaap Other Comprehensive Income Loss Tax
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CY2016Q2 aig Other Expense
OtherExpense
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dei Document Fiscal Period Focus
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CY2016Q2 aig Hybrid Instruments At Par Value
HybridInstrumentsAtParValue
10600000000 USD
dei Document Fiscal Year Focus
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us-gaap Proceeds From Issuance Of Common Stock
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0 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
3556000000 USD
CY2016Q2 us-gaap Securities Received As Collateral
SecuritiesReceivedAsCollateral
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aig Interest Credited To Policyholder Accounts Included In Financing Activities
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CY2015Q2 us-gaap Other Income
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aig Other Than Temporary Impairments Due To Change In Intent
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us-gaap Interest Expense
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656000000 USD
CY2016Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
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1996000000 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
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2774000000 USD
CY2016Q2 us-gaap Cash
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1784000000 USD
CY2015Q4 us-gaap Derivative Assets
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1309000000 USD
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2015Q4 us-gaap Separate Accounts Liability
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79574000000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.52
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.1
CY2016Q2 us-gaap Trading Securities Debt
TradingSecuritiesDebt
15335000000 USD
us-gaap Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
381000000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.31
CY2015Q4 aig Otherpolicyholdercontractdepositsatfairvalue
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6000000 USD
CY2015Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
262000000 USD
CY2016Q2 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1996000000 USD
us-gaap Policyholder Benefits And Claims Incurred Net
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13651000000 USD
CY2015Q2 us-gaap Gain Loss On Sale Of Derivatives
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288000000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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715000000 USD
aig Income Loss From Continuing Operations Before Income Taxes
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6328000000 USD
CY2015Q4 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
102768000000 USD
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
2270000000 USD
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
97000000 USD
CY2016Q2 us-gaap Interest Credited To Policyholders Account Balances
InterestCreditedToPolicyholdersAccountBalances
961000000 USD
aig Change In Premiums And Insurance Balances Receivable And Payable Net
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614000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
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775000000 USD
us-gaap Net Income Loss
NetIncomeLoss
4268000000 USD
CY2016Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
244450000000 USD
CY2016Q2 us-gaap Long Term Debt
LongTermDebt
33329000000 USD
CY2016Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
26458046 shares
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-57000000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.05
CY2015Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
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38020000000 USD
CY2016Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
5000000000 shares
CY2016Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
1934000000 USD
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1906671492 shares
CY2016Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.73
CY2015Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-1563000000 USD
CY2015Q4 us-gaap Securities Received As Collateral
SecuritiesReceivedAsCollateral
1742000000 USD
CY2016Q2 aig Derivative Collateral Obtained Third Parties
DerivativeCollateralObtainedThirdParties
3300000000 USD
CY2016Q2 aig Other Investments Amount
OtherInvestmentsAmount
338333000000 USD
us-gaap Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
583000000 USD
CY2015Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
13000000 USD
CY2016Q2 aig Other Comprehensive Income Unrealized Holding Gain Loss On Fixed Maturity Investments On Which Other Than Temporary Impairments Were Taken After Taxes
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnFixedMaturityInvestmentsOnWhichOtherThanTemporaryImpairmentsWereTakenAfterTaxes
22000000 USD
us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
0 USD
aig Reclassification Of Assets Held For Sale
ReclassificationOfAssetsHeldForSale
0 USD
aig Unrealized Gains Losses In Earnings Net
UnrealizedGainsLossesInEarningsNet
1425000000 USD
us-gaap Payments Of Dividends
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713000000 USD
CY2016Q2 us-gaap Treasury Stock Value
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