2012 Q3 Form 10-Q Financial Statement

#000104746912009952 Filed on November 01, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q4 2011 Q3
Revenue $17.87B $13.26B $12.72B
YoY Change 40.46% -22.17% -37.22%
Cost Of Revenue $8.002B $8.333B
YoY Change -3.97%
Gross Profit $9.863B $4.386B
YoY Change 124.87%
Gross Profit Margin 55.21% 34.48%
Selling, General & Admin $2.214B -$3.264B $2.067B
YoY Change 7.11% 100.48%
% of Gross Profit 22.45% 47.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.522B -$194.0M $1.540B
YoY Change -1.17% -89.31% -42.88%
% of Gross Profit 15.43% 35.11%
Operating Expenses $2.214B $10.15B $2.067B
YoY Change 7.11% -51.1% -87.73%
Operating Profit $7.649B $2.319B
YoY Change 229.84%
Interest Expense $602.0M $611.0M $970.0M
YoY Change -37.94% -164.52% -141.99%
% of Operating Profit 7.87% 41.83%
Other Income/Expense, Net $635.0M $876.0M
YoY Change -27.51%
Pretax Income $2.595B $3.902B -$4.270B
YoY Change -160.77% -76.77% -1495.42%
Income Tax $734.0M -$18.24B -$665.0M
% Of Pretax Income 28.29% -467.38%
Net Earnings $1.856B $21.48B -$3.990B
YoY Change -146.52% 95.89% 58.52%
Net Earnings / Revenue 10.39% 161.98% -31.37%
Basic Earnings Per Share $1.13
Diluted Earnings Per Share $1.13 $11.29M -$2.100M
COMMON SHARES
Basic Shares Outstanding 1.642B shares 1.900B shares
Diluted Shares Outstanding 1.643B shares 1.900B shares

Balance Sheet

Concept 2012 Q3 2011 Q4 2011 Q3
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 $34.93B $2.307B $35.76B
YoY Change -2.31% -94.42% -17.06%
Goodwill $1.373B
YoY Change
Intangibles
YoY Change
Long-Term Investments $375.2B $374.9B $377.3B
YoY Change -0.57% 1.04% -13.48%
Other Assets $16.41B $22.60B $3.824B
YoY Change 329.18% -78.96% -98.37%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $550.7B $552.4B $544.3B
YoY Change 1.19% -19.18% -37.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.612B
YoY Change -92.13%
LONG-TERM LIABILITIES
Long-Term Debt $73.75B $75.25B $77.39B
YoY Change -4.7% -11.96% -17.16%
Other Long-Term Liabilities $36.22B $32.98B $34.99B
YoY Change 3.51% -74.5% -85.85%
Total Long-Term Liabilities $110.0B $108.2B $112.4B
YoY Change -2.15% -49.61% -67.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.612B
Total Long-Term Liabilities $110.0B $108.2B $112.4B
Total Liabilities $448.2B $441.4B $458.2B
YoY Change -2.2% -26.2% -42.08%
SHAREHOLDERS EQUITY
Retained Earnings $10.77B
YoY Change
Common Stock $86.55B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $942.0M
YoY Change
Treasury Stock Shares 430.3M shares 9.747M shares
Shareholders Equity $101.7B $101.5B $86.03B
YoY Change
Total Liabilities & Shareholders Equity $550.7B $552.4B $544.3B
YoY Change 1.19% -19.18% -37.58%

Cashflow Statement

Concept 2012 Q3 2011 Q4 2011 Q3
OPERATING ACTIVITIES
Net Income $1.856B $21.48B -$3.990B
YoY Change -146.52% 95.89% 58.52%
Depreciation, Depletion And Amortization $1.522B -$194.0M $1.540B
YoY Change -1.17% -89.31% -42.88%
Cash From Operating Activities $1.207B $1.120B $2.349B
YoY Change -48.62% -58.84% -47.15%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $8.287B $302.0M -$1.675B
YoY Change -594.75% -112.66% 14.73%
Cash From Investing Activities $8.287B $302.0M -$1.675B
YoY Change -594.75% -112.66% 14.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -9.133B -1.482B -1.730B
YoY Change 427.92% 203.07% -59.25%
NET CHANGE
Cash From Operating Activities 1.207B 1.120B 2.349B
Cash From Investing Activities 8.287B 302.0M -1.675B
Cash From Financing Activities -9.133B -1.482B -1.730B
Net Change In Cash 361.0M -60.00M -1.056B
YoY Change -134.19% -60.78% -16.19%
FREE CASH FLOW
Cash From Operating Activities $1.207B $1.120B $2.349B
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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CY2011Q3 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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-2008000000 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
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnAllInvestmentsOtherThanInvestmentsOnWhichOtherThanTemporaryImpairmentsWereTakenAfterTaxes
-954000000 USD
CY2011Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-582000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-811000000 USD
CY2011Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-57000000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
14000000 USD
CY2011Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
339000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
190000000 USD
CY2011Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3170000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1836000000 USD
CY2011Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-6996000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-2108000000 USD
CY2011Q3 aig Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Nonvoting Callable Junior And Senior Preferred Interests Held By Federal Reserve Bank Of New York
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingNonvotingCallableJuniorAndSeniorPreferredInterestsHeldByFederalReserveBankOfNewYork
145000000 USD
aig Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Nonvoting Callable Junior And Senior Preferred Interests Held By Federal Reserve Bank Of New York
ComprehensiveIncomeLossNetOfTaxAttributableToNoncontrollingNonvotingCallableJuniorAndSeniorPreferredInterestsHeldByFederalReserveBankOfNewYork
538000000 USD
CY2011Q3 aig Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interests Other
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-87000000 USD
aig Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interests Other
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-106000000 USD
CY2011Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
58000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
432000000 USD
CY2011Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7054000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2540000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5734000000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3099000000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
4960000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
13383000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
253000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
13130000000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
8000000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4952000000 USD
CY2011Q3 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets1
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-6463000000 USD
aig Issuance Of Shares Pursuant To Drawdown On Department Of Treasury Commitment
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20292000000 USD
aig Stock Repurchased And Exchanged During Period Value
StockRepurchasedAndExchangedDuringPeriodValue
26432000000 USD
aig Exchange Of Consideration For Preferred Stock In Connection With Recapitalization
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-20677000000 USD
aig Stock Issued During Period Value New Issues Second
StockIssuedDuringPeriodValueNewIssuesSecond
2886000000 USD
aig Settlement Of Equity Unit Stock Purchase Contract
SettlementOfEquityUnitStockPurchaseContract
2169000000 USD
aig Net Income Loss Excluding Net Gain Associated With Redeemable Noncontrolling Interests
NetIncomeLossExcludingNetGainAssociatedWithRedeemableNoncontrollingInterests
-806000000 USD
aig Net Income Loss From Continuing Operations Attributable To Noncontrolling Nonvoting Callable Junior And Senior Preferred Interests Held By Federal Reserve Bank Of New York
NetIncomeLossFromContinuingOperationsAttributableToNoncontrollingNonvotingCallableJuniorAndSeniorPreferredInterestsHeldByFederalReserveBankOfNewYork
74000000 USD
aig Other Comprehensive Income Loss Excluding Amount Attributable To Redeemable Noncontrolling Interests
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-1836000000 USD
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
559000000 USD
us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
123000000 USD
us-gaap Minority Interest Increase From Stock Issuance
MinorityInterestIncreaseFromStockIssuance
93000000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
127000000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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15021000000 USD
us-gaap Stockholders Equity Other
StockholdersEquityOther
48000000 USD
CY2011Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
81682000000 USD
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
2000000 USD
aig Net Income Loss Attributable To Redeemable Noncontrolling Interests
NetIncomeLossAttributableToRedeemableNoncontrollingInterests
213000000 USD
aig Net Income Loss Attributable To Redeemable Noncontrolling Interests
NetIncomeLossAttributableToRedeemableNoncontrollingInterests
460000000 USD
aig Gain Loss On Sale Of Securities Available For Sale And Other Assets Net
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1131000000 USD
aig Unrealized Gains Losses In Earnings Net
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-714000000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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840000000 USD
us-gaap Depreciation Amortization And Accretion Net
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5618000000 USD
us-gaap Restructuring Costs And Asset Impairment Charges
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3052000000 USD
aig Change In General And Life Insurance Reserves
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4190000000 USD
aig Change In Premiums And Insurance Balances Receivable And Payable Net
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aig Change In Reinsurance Assets And Funds Held Under Reinsurance Treaties
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4258000000 USD
us-gaap Increase Decrease In Deferred Policy Acquisition Costs
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aig Increase Decrease In Current And Deferred Income Taxes
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aig Payment Of Credit Facility Accrued Compounded Interest And Fees
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6363000000 USD
us-gaap Other Noncash Income Expense
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1093000000 USD
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
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-4801000000 USD
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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3370000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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2839000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Proceeds From Sale Of Available For Sale Securities
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us-gaap Proceeds From Sale And Maturity Of Other Investments
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6539000000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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587000000 USD
aig Payments Received On Mortgage And Other Loans Receivable
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2515000000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
69598000000 USD
aig Payments To Acquire Trading Securities In Investing Activities
PaymentsToAcquireTradingSecuritiesInInvestingActivities
960000000 USD
us-gaap Payments To Acquire Other Investments
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5351000000 USD
aig Mortgage And Other Loans Receivable Issued
MortgageAndOtherLoansReceivableIssued
1735000000 USD
us-gaap Increase Decrease In Restricted Cash
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aig Increase Decrease In Short Term Investments Net
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-15410000000 USD
aig Change In Derivative Assets And Liabilities Net
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us-gaap Payments For Proceeds From Other Investing Activities
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318000000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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19158000000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
31668000000 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
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4478000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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19158000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
36146000000 USD
us-gaap Additions To Contract Holders Funds
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13907000000 USD
us-gaap Withdrawal From Contract Holders Funds
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10538000000 USD
aig Repayments Of Frbny Credit Facility Borrowings
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14622000000 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
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us-gaap Repayments Of Other Long Term Debt
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aig Drawdown On Department Of Treasury Commitment
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us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Payments To Minority Shareholders
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683000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
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us-gaap Net Cash Provided By Used In Financing Activities
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Cash
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CY2011Q3 us-gaap Cash
Cash
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us-gaap Cash Period Increase Decrease
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134000000 USD
us-gaap Cash Period Increase Decrease
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us-gaap Net Cash Provided By Used In Financing Activities
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CY2012Q3 us-gaap Cash
Cash
1608000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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37000000 USD
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<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="FONT-FAMILY: arial"><font color="#000F80" size="2"><b>Use of Estimates </b></font></p> <p style="FONT-FAMILY: arial"><font size="2">The preparation of financial statements in accordance with GAAP requires the application of accounting policies that often involve a significant degree of judgment. AIG considers its accounting policies that are most dependent on the application of estimates and assumptions to be those relating to items considered by management in the determination of:</font></p> <dl compact="compact"> <dt style="MARGIN-BOTTOM: -11pt; FONT-FAMILY: arial"><font size="2">&#8226;</font> </dt> <dd style="FONT-FAMILY: arial"><font size="2">income tax assets and liabilities, including the recoverability of deferred tax assets and the predictability of future tax planning strategies and operating profitability of the character necessary for their realization; </font><font size="2"><br /> <br /></font></dd> <dt style="MARGIN-BOTTOM: -11pt; FONT-FAMILY: arial"><font size="2">&#8226;</font> </dt> <dd style="FONT-FAMILY: arial"><font size="2">recoverability of assets, including deferred policy acquisition costs (DAC), flight equipment, and reinsurance; </font><font size="2"><br /> <br /></font></dd> <dt style="MARGIN-BOTTOM: -11pt; FONT-FAMILY: arial"><font size="2">&#8226;</font> </dt> <dd style="FONT-FAMILY: arial"><font size="2">insurance liabilities, including general insurance unpaid claims and claims adjustment expenses and future policy benefits for life and accident and health contracts; </font><font size="2"><br /> <br /></font></dd> <dt style="MARGIN-BOTTOM: -11pt; FONT-FAMILY: arial"><font size="2">&#8226;</font> </dt> <dd style="FONT-FAMILY: arial"><font size="2">estimated gross profits for investment-oriented products; </font><font size="2"><br /> <br /></font></dd> <dt style="MARGIN-BOTTOM: -11pt; FONT-FAMILY: arial"><font size="2">&#8226;</font> </dt> <dd style="FONT-FAMILY: arial"><font size="2">impairment charges, including other-than-temporary impairments of financial instruments and goodwill impairments; </font><font size="2"><br /> <br /></font></dd> <dt style="MARGIN-BOTTOM: -11pt; FONT-FAMILY: arial"><font size="2">&#8226;</font> </dt> <dd style="FONT-FAMILY: arial"><font size="2">liabilities for legal contingencies; and </font><font size="2"><br /> <br /></font></dd> <dt style="MARGIN-BOTTOM: -11pt; FONT-FAMILY: arial"><font size="2">&#8226;</font> </dt> <dd style="FONT-FAMILY: arial"><font size="2">fair value measurements of certain financial assets and liabilities. </font></dd></dl> <p style="FONT-FAMILY: arial"><font size="2">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, AIG's consolidated financial condition, results of operations and cash flows could be materially affected. </font></p></td></tr></table>
CY2011Q3 aig Realized Capital Gains Losses Attributable To The Effect Of Reclassification Of Certain Derivative Activity
RealizedCapitalGainsLossesAttributableToTheEffectOfReclassificationOfCertainDerivativeActivity
192000000 USD
aig Realized Capital Gains Losses Attributable To The Effect Of Reclassification Of Certain Derivative Activity
RealizedCapitalGainsLossesAttributableToTheEffectOfReclassificationOfCertainDerivativeActivity
110000000 USD
aig Unrealized Gains Losses In Earnings Attributable To The Effect Of Reclassification Of Certain Derivative Activity
UnrealizedGainsLossesInEarningsAttributableToTheEffectOfReclassificationOfCertainDerivativeActivity
118000000 USD
us-gaap Number Of Reportable Segments
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3 segment
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FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
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FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
40525000000 USD
CY2012Q3 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss Included In Trading Revenue
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420000000 USD
CY2012Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
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45164000000 USD
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4050000000 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 Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases Sales Issuances Settlements
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
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3538000000 USD
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us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss Included In Trading Revenue
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CY2011Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
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CY2011Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
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-313000000 USD
CY2011Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases Sales Issuances Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements
-109000000 USD
CY2011Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
2149000000 USD
CY2011Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
927000000 USD
CY2011Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
38479000000 USD
CY2011Q3 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss Included In Trading Revenue
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue
-1358000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-886000000 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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1450000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases Sales Issuances Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements
2887000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
3454000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
3082000000 USD
us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss Included In Trading Revenue
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInTradingRevenue
-754000000 USD
CY2010Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
34656000000 USD
CY2012Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
3369000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
12743000000 USD
CY2012Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
649000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
1542000000 USD
CY2012Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
10244000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
14441000000 USD
CY2011Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
1241000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
7621000000 USD
CY2011Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
277000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
681000000 USD
CY2011Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
1073000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
4053000000 USD
CY2012Q3 aig Securities Purchased Through Auction
SecuritiesPurchasedThroughAuction
7100000000 USD
CY2012Q3 aig Fair Value Level3 Transfers In At End Of Period Net Gain Loss Excluded From Level3 Gains Losses
FairValueLevel3TransfersInAtEndOfPeriodNetGainLossExcludedFromLevel3GainsLosses
80000000 USD
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FairValueLevel3TransfersInAtEndOfPeriodNetGainLossExcludedFromLevel3GainsLosses
127000000 USD
CY2012Q3 aig Fair Value Level3 Transfers Out At End Of Period Net Gain Loss Excluded From Level3 Gains Losses
FairValueLevel3TransfersOutAtEndOfPeriodNetGainLossExcludedFromLevel3GainsLosses
29000000 USD
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83000000 USD
CY2011Q4 us-gaap Alternative Investments Fair Value Disclosure
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6873000000 USD
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1193000000 USD
CY2012Q3 us-gaap Alternative Investments Fair Value Disclosure
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7493000000 USD
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1068000000 USD
CY2012Q3 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
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1661000000 USD
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
6032000000 USD
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us-gaap Fair Value Option Changes In Fair Value Gain Loss1
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us-gaap Fair Value Option Credit Risk Gains Losses On Liabilities
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FairValueOptionCreditRiskGainsLossesOnLiabilities
459000000 USD
us-gaap Fair Value Option Credit Risk Gains Losses On Liabilities
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475000000 USD
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6491000000 USD
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1611000000 USD
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5155000000 USD
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1756000000 USD
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269000000 USD
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25000000 USD
CY2011Q4 aig Other Invested Assets Excluding Available For Sale Investments Of Businesses Held Fair Value Disclosure
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6497000000 USD
CY2012Q3 aig Other Invested Assets Excluding Available For Sale Investments Of Businesses Held Fair Value Disclosure
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8222000000 USD
CY2011Q4 aig Available For Sale Securities And Other Invested Assets Excluding Available For Sale Investments Of Businesses Held For Sale Cost
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257745000000 USD
CY2012Q3 aig Available For Sale Securities And Other Invested Assets Excluding Available For Sale Investments Of Businesses Held For Sale Cost
AvailableForSaleSecuritiesAndOtherInvestedAssetsExcludingAvailableForSaleInvestmentsOfBusinessesHeldForSaleCost
254857000000 USD
CY2011Q4 aig Available For Sale Securities And Other Invested Assets Excluding Available For Sale Investments Of Businesses Held For Sale Gross Unrealized Gain
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21637000000 USD
CY2012Q3 aig Available For Sale Securities And Other Invested Assets Excluding Available For Sale Investments Of Businesses Held For Sale Gross Unrealized Gain
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28211000000 USD
CY2011Q4 aig Available For Sale Securities And Other Invested Assets Excluding Available For Sale Investments Of Businesses Held For Sale Gross Unrealized Losses
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5280000000 USD
CY2012Q3 aig Available For Sale Securities And Other Invested Assets Excluding Available For Sale Investments Of Businesses Held For Sale Gross Unrealized Losses
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1911000000 USD
CY2011Q4 aig Available For Sale Securities And Other Invested Assets Excluding Available For Sale Investments Of Businesses Held For Sale Fair Value Disclosure
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274102000000 USD
CY2012Q3 aig Available For Sale Securities And Other Invested Assets Excluding Available For Sale Investments Of Businesses Held For Sale Fair Value Disclosure
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281157000000 USD
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1189000000 USD
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37024000000 USD
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9287000000 USD
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2056000000 USD
CY2012Q3 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2
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302000000 USD
CY2011Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
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14554000000 USD
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11445000000 USD
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2955000000 USD
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1584000000 USD
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5011000000 USD
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1886000000 USD
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1679 security
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8800000000 USD
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30300000000 USD
CY2011Q3 aig Available For Sale Securities Sold Fair Value
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9000000000 USD
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33100000000 USD
CY2012Q3 aig Available For Sale Securities Net Realized Capital Gains Losses
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900000000 USD
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2700000000 USD
CY2011Q3 aig Available For Sale Securities Net Realized Capital Gains Losses
AvailableForSaleSecuritiesNetRealizedCapitalGainsLosses
621000000 USD
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1500000000 USD
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us-gaap Available For Sale Securities Gross Realized Gains
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2811000000 USD
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AvailableForSaleSecuritiesGrossRealizedGains
642000000 USD
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
1640000000 USD
CY2012Q3 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
104000000 USD
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
147000000 USD
CY2011Q3 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
21000000 USD
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
122000000 USD
CY2011Q4 us-gaap Trading Securities Fair Value Disclosure
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CY2012Q3 us-gaap Trading Securities Fair Value Disclosure
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1.00 pure
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1.00 pure
CY2011Q4 aig Securities Sold Under Agreements To Repurchase Threshold For Classification As Sale
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0.90 pure
CY2011Q4 us-gaap Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure
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2100000000 USD
CY2011Q4 aig Securities Purchased Under Agreements To Repurchase Fair Value Disclosure
SecuritiesPurchasedUnderAgreementsToRepurchaseFairValueDisclosure
6800000000 USD
CY2012Q3 aig Securities Purchased Under Agreements To Repurchase Fair Value Disclosure
SecuritiesPurchasedUnderAgreementsToRepurchaseFairValueDisclosure
7500000000 USD
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122000000 USD
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1700000000 USD
CY2011Q4 us-gaap Assets Held By Insurance Regulators
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9800000000 USD
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9000000000 USD
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20229000000 USD
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488000000 USD
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740000000 USD
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176000000 USD
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170000000 USD
us-gaap Allowance For Loan And Lease Losses Provision For Loss Gross
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us-gaap Allowance For Loan And Lease Losses Write Offs
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86000000 USD
us-gaap Allowance For Loan And Lease Losses Recoveries Of Bad Debts
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50000000 USD
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3660000000 USD
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1501000000 USD
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4499000000 USD
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3456000000 USD
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3660000000 USD
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3219000000 USD
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2786000000 USD
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2118000000 USD
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5651000000 USD
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5622000000 USD
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CY2012Q3 us-gaap Derivative Assets
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CY2012Q3 aig Derivative Collateral Posted Third Parties
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4600000000 USD
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4700000000 USD
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1600000000 USD
CY2012Q3 aig Derivative Collateral Obtained Third Parties
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1500000000 USD
CY2012Q3 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
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70000000 USD
us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
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13000000 USD
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us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
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36000000 USD
CY2012Q3 us-gaap Hybrid Instruments At Fair Value Net
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15400000000 USD
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2400000000 USD
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4200000000 USD
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744000000 USD
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929000000 USD
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185000000 USD
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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P12M
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0.283 pure
us-gaap Effective Income Tax Rate Continuing Operations
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0.144 pure
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1700000000 USD
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1600000000 USD
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4300000000 USD
CY2012Q3 us-gaap Unrecognized Tax Benefits
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4400000000 USD
CY2011Q4 aig Unrecognized Tax Benefits That Would Not Impact Effective Tax Rate
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700000000 USD
CY2012Q3 aig Unrecognized Tax Benefits That Would Not Impact Effective Tax Rate
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200000000 USD
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SharesIssued
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CY2011Q4 us-gaap Shares Issued
SharesIssued
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CY2010Q4 us-gaap Shares Issued
SharesIssued
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3606417 shares
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SharesExchanged
1655026284 shares
CY2012Q3 aig Other Than Temporary Impairment Losses Investments Arising During Period Before Tax Including Portion Attributable To Noncontrolling Interest
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922000000 USD
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1949000000 USD
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265000000 USD
CY2012Q3 aig Other Than Temporary Impairment Losses Reclassification Adjustment Included In Net Income Before Tax
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16000000 USD
CY2011Q3 aig Other Than Temporary Impairment Losses Reclassification Adjustment Included In Net Income Before Tax
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31000000 USD
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OtherThanTemporaryImpairmentLossesReclassificationAdjustmentIncludedInNetIncomeBeforeTax
12000000 USD
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266000000 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest
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CY2012Q3 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Tax Including Portion Attributable To Noncontrolling Interest
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CY2011Q3 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Tax Including Portion Attributable To Noncontrolling Interest
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82000000 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Tax Including Portion Attributable To Noncontrolling Interest
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CY2012Q3 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest
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184000000 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2012Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
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19000000 USD
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30000000 USD
us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plan Net Transition Asset Obligation Recognized In Net Periodic Benefit Cost Before Tax
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us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plan Net Transition Asset Obligation Recognized In Net Periodic Benefit Cost Before Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlanNetTransitionAssetObligationRecognizedInNetPeriodicBenefitCostBeforeTax
307000000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
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CY2011Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
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OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
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OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
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OtherComprehensiveIncomeUnrealizedChangeArisingDuringPeriod
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CY2011Q3 aig Other Comprehensive Income Reclassification Adjustment Included In Net Income
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us-gaap Income Loss From Continuing Operations
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CY2011Q3 aig Net Income Loss From Discontinued Operations Available To Common Stockholders Basic
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WeightedAverageNumberDilutedSharesOutstandingAdjustment
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us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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78000000 shares
CY2011Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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aig Department Of Treasury Investment Ownership Percentage
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aig Department Of Treasury Investment Ownership Percentage Before Common Stock Offering
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CY2012Q3 us-gaap Commitments And Contingencies
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CY2011Q4 us-gaap Commitments And Contingencies
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CY2011Q4 us-gaap Common Stock Shares Issued
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CY2012Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
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CY2011Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
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aig Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Nonvoting Callable Junior And Senior Preferred Interests Held By Federal Reserve Bank Of New York
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208000000 USD
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8000000 USD
aig Comprehensive Income Loss Net Of Tax Attributable To Noncontrolling Interests Other
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45000000 USD
CY2012Q3 us-gaap Other Liabilities Fair Value Disclosure
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930000000 USD
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70000000 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
673000000 USD
us-gaap Payments For Repurchase Of Common Stock
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us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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us-gaap Payments For Proceeds From Other Investing Activities
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77000000 USD
CY2010Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
113239000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
13000000000 USD
aig Net Income Loss Excluding Net Gain Associated With Redeemable Noncontrolling Interests
NetIncomeLossExcludingNetGainAssociatedWithRedeemableNoncontrollingInterests
7436000000 USD
aig Other Comprehensive Income Loss Excluding Amount Attributable To Redeemable Noncontrolling Interests
OtherComprehensiveIncomeLossExcludingAmountAttributableToRedeemableNoncontrollingInterests
5730000000 USD
aig Deferred Taxes
DeferredTaxes
-9000000 USD
us-gaap Minority Interest Increase From Stock Issuance
MinorityInterestIncreaseFromStockIssuance
58000000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
175000000 USD
us-gaap Stockholders Equity Other
StockholdersEquityOther
21000000 USD

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