2020 Q4 Form 10-Q Financial Statement

#000110465920122282 Filed on November 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $9.676B $10.22B $12.91B
YoY Change -18.1% -20.85% 12.43%
Cost Of Revenue $5.872B $6.892B
YoY Change -14.8% -17.08%
Gross Profit $4.349B $6.022B
YoY Change -27.78% 89.73%
Gross Profit Margin 42.55% 46.63%
Selling, General & Admin $2.165B $1.991B $2.187B
YoY Change 0.37% -8.96% -5.94%
% of Gross Profit 45.78% 36.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $897.0M $707.0M $1.252B
YoY Change -23.53% -43.53% 11.99%
% of Gross Profit 16.26% 20.79%
Operating Expenses $10.01B $1.991B $2.187B
YoY Change -3.13% -8.96% -5.94%
Operating Profit $2.358B $3.835B
YoY Change -38.51% 351.71%
Interest Expense -$358.0M $379.0M $348.0M
YoY Change -0.56% 8.91% 6.75%
% of Operating Profit 16.07% 9.07%
Other Income/Expense, Net
YoY Change
Pretax Income -$558.0M $368.0M $1.260B
YoY Change -153.86% -70.79% -182.51%
Income Tax -$542.0M $74.00M $287.0M
% Of Pretax Income 20.11% 22.78%
Net Earnings -$53.00M $288.0M $656.0M
YoY Change -105.71% -56.1% -152.1%
Net Earnings / Revenue -0.55% 2.82% 5.08%
Basic Earnings Per Share $0.32 $0.74
Diluted Earnings Per Share -$61.06K $0.32 $0.72
COMMON SHARES
Basic Shares Outstanding 861.5M shares 867.7M shares 877.0M shares
Diluted Shares Outstanding 873.1M shares 895.8M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $3.230B $3.607B $3.770B
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 $1.840B $724.0M
YoY Change -5.79%
Goodwill $4.074B $4.000B $4.100B
YoY Change 0.89% -2.44%
Intangibles $319.0M
YoY Change -4.2%
Long-Term Investments $360.7B $356.4B $341.0B
YoY Change 6.83% 4.52% 7.89%
Other Assets $12.85B $13.16B $13.40B
YoY Change -4.05% -1.78% -13.23%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $586.5B $577.2B $525.1B
YoY Change 11.7% 9.92% 4.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $1.000B $823.0M
YoY Change 36.43%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.896B
YoY Change 23.44%
Total Short-Term Liabilities $2.896B $823.0M
YoY Change 27.63%
LONG-TERM LIABILITIES
Long-Term Debt $35.64B $38.24B $35.26B
YoY Change 5.39% 8.44% 1.93%
Other Long-Term Liabilities $26.12B $28.26B $26.47B
YoY Change 0.95% 6.76% -0.67%
Total Long-Term Liabilities $61.76B $66.50B $61.74B
YoY Change 3.47% 7.72% 0.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.896B $823.0M
Total Long-Term Liabilities $61.76B $66.50B $61.74B
Total Liabilities $519.3B $512.6B $457.7B
YoY Change 13.47% 12.01% 2.56%
SHAREHOLDERS EQUITY
Retained Earnings $15.50B $15.84B $22.44B
YoY Change -32.84% -29.42% 3.17%
Common Stock $86.18B $86.13B $86.05B
YoY Change 0.08% 0.09% 0.33%
Preferred Stock
YoY Change
Treasury Stock (at cost) $49.32B $49.33B $48.99B
YoY Change 0.68% 0.69% 1.21%
Treasury Stock Shares 1.045B shares 1.045B shares 1.037B shares
Shareholders Equity $66.36B $64.11B $65.60B
YoY Change
Total Liabilities & Shareholders Equity $586.5B $577.2B $525.1B
YoY Change 11.7% 9.92% 4.01%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income -$53.00M $288.0M $656.0M
YoY Change -105.71% -56.1% -152.1%
Depreciation, Depletion And Amortization $897.0M $707.0M $1.252B
YoY Change -23.53% -43.53% 11.99%
Cash From Operating Activities -$1.194B $907.0M $483.0M
YoY Change 491.09% 87.78% 59.93%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$981.0M -$2.318B -$646.0M
YoY Change 43.84% 258.82% -216.82%
Cash From Investing Activities -$981.0M -$2.318B -$646.0M
YoY Change 43.84% 258.82% -216.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.776B 1.142B 737.0M
YoY Change 318.87% 54.95% -918.89%
NET CHANGE
Cash From Operating Activities -1.194B 907.0M 483.0M
Cash From Investing Activities -981.0M -2.318B -646.0M
Cash From Financing Activities 1.776B 1.142B 737.0M
Net Change In Cash -399.0M -269.0M 574.0M
YoY Change -13.26% -146.86% -24.97%
FREE CASH FLOW
Cash From Operating Activities -$1.194B $907.0M $483.0M
Capital Expenditures
Free Cash Flow
YoY Change

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us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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us-gaap Benefits Losses And Expenses
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us-gaap Benefits Losses And Expenses
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CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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368000000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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1260000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2020Q3 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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CY2020Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Discontinued Operations Net Of Tax
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us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2020Q3 us-gaap Preferred Stock Dividends Income Statement Impact
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us-gaap Preferred Stock Dividends Income Statement Impact
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us-gaap Preferred Stock Dividends Income Statement Impact
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CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Profit Loss
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79000000 USD
CY2019Q3 aig Other Comprehensive Income Unrealized Holding Gain Loss On Fixed Maturity Investments On Which Allowance For Credit Losses Were Taken After Taxes
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0 USD
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CY2020Q3 aig Other Comprehensive Income Unrealized Holding Gain Loss On Fixed Maturity Investments On Which Other Than Temporary Impairments Were Taken After Taxes
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option After Tax And Reclassification Adjustment
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CY2020Q3 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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1385000000 USD
CY2019Q3 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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CY2020Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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1280000000 USD
us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Treasury Stock Value Acquired Cost Method
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us-gaap Profit Loss
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us-gaap Dividends Preferred Stock
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1200000000 USD
us-gaap Dividends Common Stock
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us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Income Loss From Discontinued Operations Net Of Tax
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us-gaap Income Loss From Discontinued Operations Net Of Tax
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us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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us-gaap Depreciation Amortization And Accretion Net
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us-gaap Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve
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us-gaap Additions To Contract Holders Funds
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us-gaap Additions To Contract Holders Funds
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us-gaap Increase Decrease In Deferred Policy Acquisition Costs
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8049000000 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
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2232000000 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 Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
17498000000 USD
us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
2256000000 USD
us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
5230000000 USD
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
3159000000 USD
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
3345000000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
2119000000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
2000000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
19441000000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
18165000000 USD
aig Payments Received On Mortgage And Other Loans Receivable
PaymentsReceivedOnMortgageAndOtherLoansReceivable
5177000000 USD
aig Payments Received On Mortgage And Other Loans Receivable
PaymentsReceivedOnMortgageAndOtherLoansReceivable
4233000000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
43228000000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
41612000000 USD
us-gaap Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
562000000 USD
us-gaap Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
723000000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
2197000000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
2662000000 USD
aig Mortgage And Other Loans Receivable Issued
MortgageAndOtherLoansReceivableIssued
4072000000 USD
aig Mortgage And Other Loans Receivable Issued
MortgageAndOtherLoansReceivableIssued
6512000000 USD
aig Increase Decrease In Short Term Investments Net
IncreaseDecreaseInShortTermInvestmentsNet
7368000000 USD
aig Increase Decrease In Short Term Investments Net
IncreaseDecreaseInShortTermInvestmentsNet
4586000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2751000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2829000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5221000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4793000000 USD
us-gaap Withdrawal From Contract Holders Funds
WithdrawalFromContractHoldersFunds
12184000000 USD
us-gaap Withdrawal From Contract Holders Funds
WithdrawalFromContractHoldersFunds
12474000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
5625000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2564000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3249000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2421000000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
485000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
500000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
22000000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
15000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
827000000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
835000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
425000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
1354000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3282000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5955000000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27000000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
320000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
412000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3287000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3358000000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3607000000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3770000000 USD
CY2020Q3 us-gaap Cash
Cash
3191000000 USD
CY2019Q3 us-gaap Cash
Cash
3361000000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3607000000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3770000000 USD
us-gaap Interest Paid Net
InterestPaidNet
829000000 USD
us-gaap Interest Paid Net
InterestPaidNet
1012000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
875000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
193000000 USD
us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
1008000000 USD
us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
NoncashOrPartNoncashAcquisitionInvestmentsAcquired1
0 USD
aig Noncash Or Part Noncash Acquisition Investments Acquired During Reinsurance Transaction
NoncashOrPartNoncashAcquisitionInvestmentsAcquiredDuringReinsuranceTransaction
336000000 USD
aig Noncash Or Part Noncash Acquisition Investments Acquired During Reinsurance Transaction
NoncashOrPartNoncashAcquisitionInvestmentsAcquiredDuringReinsuranceTransaction
0 USD
aig Interest Credited To Policyholder Accounts Included In Financing Activities
InterestCreditedToPolicyholderAccountsIncludedInFinancingActivities
2425000000 USD
aig Interest Credited To Policyholder Accounts Included In Financing Activities
InterestCreditedToPolicyholderAccountsIncludedInFinancingActivities
2507000000 USD
CY2020Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
2.50
us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-top: 12.00pt; line-height: 13.00pt; margin-bottom: 6.00pt; text-align: left"><span style="color: #1352DE; font-family: 'Arial', 'sans-serif'; font-weight: bold; font-size: 11.00pt; text-transform: uppercase">Use of Estimates</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 3.00pt; text-align: left"><span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">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 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:</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 3.00pt; margin-left: 0.21in; text-indent: -0.08in; text-align: left"><span style="color: #001871; font-family: Symbol; font-size: 9.00pt; display: inline-block; width: 0.05in"></span> <span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">liability for unpaid losses and loss adjustment expenses (loss reserves);</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 3.00pt; margin-left: 0.21in; text-indent: -0.08in; text-align: left"><span style="color: #001871; font-family: Symbol; font-size: 9.00pt; display: inline-block; width: 0.05in"></span> <span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">valuation of future policy benefit liabilities and timing and extent of loss recognition;</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 3.00pt; margin-left: 0.21in; text-indent: -0.08in; text-align: left"><span style="color: #001871; font-family: Symbol; font-size: 9.00pt; display: inline-block; width: 0.05in"></span> <span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">valuation of liabilities for guaranteed benefit features of variable annuity products;</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 3.00pt; margin-left: 0.21in; text-indent: -0.08in; text-align: left"><span style="color: #001871; font-family: Symbol; font-size: 9.00pt; display: inline-block; width: 0.05in"></span> <span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">valuation of embedded derivatives for fixed index annuity and life products;</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 3.00pt; margin-left: 0.21in; text-indent: -0.08in; text-align: left"><span style="color: #001871; font-family: Symbol; font-size: 9.00pt; display: inline-block; width: 0.05in"></span> <span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">estimated gross profits to value deferred policy acquisition costs for investment-oriented products;</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 3.00pt; margin-left: 0.21in; text-indent: -0.08in; text-align: left"><span style="color: #001871; font-family: Symbol; font-size: 9.00pt; display: inline-block; width: 0.05in"></span> <span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">reinsurance assets;</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 3.00pt; margin-left: 0.21in; text-indent: -0.08in; text-align: left"><span style="color: #001871; font-family: Symbol; font-size: 9.00pt; display: inline-block; width: 0.05in"></span> <span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">impairment charges, including impairments on other invested assets and goodwill;</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 3.00pt; margin-left: 0.21in; text-indent: -0.08in; text-align: left"><span style="color: #001871; font-family: Symbol; font-size: 9.00pt; display: inline-block; width: 0.05in"></span> <span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">allowances for credit losses primarily on loans, available for sale fixed maturity securities, reinsurance assets and premiums and other receivables;</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 3.00pt; margin-left: 0.21in; text-indent: -0.08in; text-align: left"><span style="color: #001871; font-family: Symbol; font-size: 9.00pt; display: inline-block; width: 0.05in"></span> <span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">liability for legal contingencies; </span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 3.00pt; margin-left: 0.21in; text-indent: -0.08in; text-align: left"><span style="color: #001871; font-family: Symbol; font-size: 9.00pt; display: inline-block; width: 0.05in"></span> <span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">fair value measurements of certain financial assets and liabilities; and</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 3.00pt; margin-left: 0.21in; text-indent: -0.08in; text-align: left"><span style="color: #001871; font-family: Symbol; font-size: 9.00pt; display: inline-block; width: 0.05in"></span> <span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">income tax assets and liabilities, including recoverability of our net deferred tax asset and the predictability of future tax operating profitability of the character necessary to realize the net deferred tax asset and estimates associated with the Tax Cuts and Jobs Act (the Tax Act).</span></p><p style="margin-top: 9.00pt; line-height: 12.00pt; margin-bottom: 6.00pt; text-align: left"><span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">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, our consolidated financial condition, results of operations and cash flows could be materially affected.</span></p>
CY2020Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
198000000 USD
CY2020Q3 aig Debt Securities Available For Sale Pcd Assets Allowance For Credit Loss Including Initial Allowance
DebtSecuritiesAvailableForSalePcdAssetsAllowanceForCreditLossIncludingInitialAllowance
0 USD
CY2020Q3 aig Debt Securities Available For Sale Incremental Increase Decrease Recognized In Income
DebtSecuritiesAvailableForSaleIncrementalIncreaseDecreaseRecognizedInIncome
81000000 USD
CY2020Q3 aig Debt Securities Available For Sale Allowance For Credit Loss Writeoff And Other
DebtSecuritiesAvailableForSaleAllowanceForCreditLossWriteoffAndOther
43000000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
236000000 USD
CY2020Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
794000000 USD
CY2020Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
3000000 USD
CY2020Q3 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
0 USD
CY2020Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
797000000 USD
CY2020Q2 us-gaap Reinsurance Recoverables Allowance
ReinsuranceRecoverablesAllowance
364000000 USD
CY2020Q3 us-gaap Reinsurance Recoverable Credit Loss Expense Reversal
ReinsuranceRecoverableCreditLossExpenseReversal
0 USD
CY2020Q3 aig Reinsurance Loss On Uncollectible Accounts And Other
ReinsuranceLossOnUncollectibleAccountsAndOther
-6000000 USD
CY2020Q3 us-gaap Reinsurance Recoverables Allowance
ReinsuranceRecoverablesAllowance
370000000 USD
CY2020Q3 us-gaap Premium Receivable Credit Loss Expense Reversal
PremiumReceivableCreditLossExpenseReversal
7000000 USD
CY2020Q3 us-gaap Premiums Receivable Allowance For Doubtful Accounts Write Offs Against Allowance
PremiumsReceivableAllowanceForDoubtfulAccountsWriteOffsAgainstAllowance
4000000 USD
CY2020Q3 us-gaap Premiums Receivable Allowance For Doubtful Accounts
PremiumsReceivableAllowanceForDoubtfulAccounts
215000000 USD
CY2020Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
5417642 shares
CY2020Q2 aig Allowance For Credit Losses On Reinsurance Recoverable Unsecured
AllowanceForCreditLossesOnReinsuranceRecoverableUnsecured
14000000 USD
CY2020Q3 aig Allowance For Credit Losses On Reinsurance Recoverable Unsecured Credit Loss Expense Reversal
AllowanceForCreditLossesOnReinsuranceRecoverableUnsecuredCreditLossExpenseReversal
0 USD
CY2020Q3 aig Allowance For Credit Losses On Reinsurance Recoverable Unsecured Write Offs
AllowanceForCreditLossesOnReinsuranceRecoverableUnsecuredWriteOffs
0 USD
CY2020Q3 aig Allowance For Credit Losses On Reinsurance Recoverable Unsecured
AllowanceForCreditLossesOnReinsuranceRecoverableUnsecured
14000000 USD
CY2020Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
58000000 USD
CY2020Q3 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
8000000 USD
CY2020Q3 aig Off Balance Sheet Credit Loss Liability Write Offs
OffBalanceSheetCreditLossLiabilityWriteOffs
0 USD
CY2020Q3 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
66000000 USD
CY2020Q2 aig Allowance For Credit Losses
AllowanceForCreditLosses
1640000000 USD
CY2020Q3 aig Debt Securities Available For Sale Pcd Assets Allowance For Credit Loss Including Initial Allowance
DebtSecuritiesAvailableForSalePcdAssetsAllowanceForCreditLossIncludingInitialAllowance
0 USD
CY2020Q3 aig Allowance For Credit Losses Period Increase Decrease
AllowanceForCreditLossesPeriodIncreaseDecrease
99000000 USD
CY2020Q3 aig Allowance For Credit Losses Write Offs
AllowanceForCreditLossesWriteOffs
41000000 USD
CY2020Q3 aig Allowance For Credit Losses
AllowanceForCreditLosses
1698000000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 USD
aig Debt Securities Available For Sale Pcd Assets Allowance For Credit Loss Including Initial Allowance
DebtSecuritiesAvailableForSalePcdAssetsAllowanceForCreditLossIncludingInitialAllowance
33000000 USD
aig Debt Securities Available For Sale Incremental Increase Decrease Recognized In Income
DebtSecuritiesAvailableForSaleIncrementalIncreaseDecreaseRecognizedInIncome
310000000 USD
aig Debt Securities Available For Sale Allowance For Credit Loss Writeoff And Other
DebtSecuritiesAvailableForSaleAllowanceForCreditLossWriteoffAndOther
107000000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
236000000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
438000000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
53000000 USD
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
12000000 USD
CY2020Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
797000000 USD
CY2019Q4 us-gaap Reinsurance Recoverables Allowance
ReinsuranceRecoverablesAllowance
151000000 USD
us-gaap Reinsurance Recoverable Credit Loss Expense Reversal
ReinsuranceRecoverableCreditLossExpenseReversal
5000000 USD
aig Reinsurance Loss On Uncollectible Accounts And Other
ReinsuranceLossOnUncollectibleAccountsAndOther
10000000 USD
CY2020Q3 us-gaap Reinsurance Recoverables Allowance
ReinsuranceRecoverablesAllowance
370000000 USD
CY2019Q4 us-gaap Premiums Receivable Allowance For Doubtful Accounts
PremiumsReceivableAllowanceForDoubtfulAccounts
178000000 USD
us-gaap Premium Receivable Credit Loss Expense Reversal
PremiumReceivableCreditLossExpenseReversal
9000000 USD
us-gaap Premiums Receivable Allowance For Doubtful Accounts Write Offs Against Allowance
PremiumsReceivableAllowanceForDoubtfulAccountsWriteOffsAgainstAllowance
6000000 USD
CY2020Q3 us-gaap Premiums Receivable Allowance For Doubtful Accounts
PremiumsReceivableAllowanceForDoubtfulAccounts
215000000 USD
CY2019Q4 aig Allowance For Credit Losses On Reinsurance Recoverable Unsecured
AllowanceForCreditLossesOnReinsuranceRecoverableUnsecured
0 USD
aig Allowance For Credit Losses On Reinsurance Recoverable Unsecured Credit Loss Expense Reversal
AllowanceForCreditLossesOnReinsuranceRecoverableUnsecuredCreditLossExpenseReversal
0 USD
aig Allowance For Credit Losses On Reinsurance Recoverable Unsecured Write Offs
AllowanceForCreditLossesOnReinsuranceRecoverableUnsecuredWriteOffs
0 USD
CY2020Q3 aig Allowance For Credit Losses On Reinsurance Recoverable Unsecured
AllowanceForCreditLossesOnReinsuranceRecoverableUnsecured
14000000 USD
CY2019Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
0 USD
us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
14000000 USD
aig Off Balance Sheet Credit Loss Liability Write Offs
OffBalanceSheetCreditLossLiabilityWriteOffs
-1000000 USD
CY2020Q3 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
66000000 USD
CY2019Q4 aig Allowance For Credit Losses
AllowanceForCreditLosses
767000000 USD
aig Debt Securities Available For Sale Pcd Assets Allowance For Credit Loss Including Initial Allowance
DebtSecuritiesAvailableForSalePcdAssetsAllowanceForCreditLossIncludingInitialAllowance
33000000 USD
aig Allowance For Credit Losses Period Increase Decrease
AllowanceForCreditLossesPeriodIncreaseDecrease
391000000 USD
aig Allowance For Credit Losses Write Offs
AllowanceForCreditLossesWriteOffs
134000000 USD
CY2020Q3 aig Allowance For Credit Losses
AllowanceForCreditLosses
1698000000 USD
CY2020Q3 us-gaap Premiums Receivable Allowance For Doubtful Accounts
PremiumsReceivableAllowanceForDoubtfulAccounts
215000000 USD
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<p style="margin-top: 12.00pt; line-height: 13.00pt; margin-bottom: 6.00pt; text-align: left"><span style="color: #1352DE; font-family: 'Arial', 'sans-serif'; font-weight: bold; font-size: 11.00pt; text-transform: uppercase">Future Application of Accounting Standards</span></p><p style="margin-top: 9.00pt; line-height: 13.00pt; margin-bottom: 3.00pt; text-align: left"><span style="color: #001871; font-family: 'Arial', 'sans-serif'; font-weight: bold; font-size: 10.00pt">Targeted Improvements to the Accounting for Long-Duration Contracts</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 3.00pt; text-align: left"><span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">In August 2018, the FASB issued an accounting standard update with the objective of making targeted improvements to the existing recognition, measurement, presentation, and disclosure requirements for long-duration contracts issued by an insurance entity. The standard prescribes significant and comprehensive changes to recognition, measurement, presentation and disclosure as summarized below:</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 3.00pt; margin-left: 0.21in; text-indent: -0.08in; text-align: left"><span style="color: #001871; font-family: Symbol; font-size: 9.00pt; display: inline-block; width: 0.05in"></span> <span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">Requires the review and if necessary update of future policy benefit assumptions at least annually for traditional and limited pay long duration contracts, with the recognition and separate presentation of any resulting re-measurement gain or loss (except for discount rate changes as noted below) in the income statement.</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 3.00pt; margin-left: 0.21in; text-indent: -0.08in; text-align: left"><span style="color: #001871; font-family: Symbol; font-size: 9.00pt; display: inline-block; width: 0.05in"></span> <span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">Requires the discount rate assumption to be updated at the end of each reporting period using an upper medium grade (low-credit risk) fixed income instrument yield that maximizes the use of observable market inputs and recognizes the impact of changes to discount rates in other comprehensive income.</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 3.00pt; margin-left: 0.21in; text-indent: -0.08in; text-align: left"><span style="color: #001871; font-family: Symbol; font-size: 9.00pt; display: inline-block; width: 0.05in"></span> <span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">Simplifies the amortization of DAC to a constant level basis over the expected term of the related contracts with adjustments for unexpected terminations, but no longer requires an impairment test. </span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 3.00pt; margin-left: 0.21in; text-indent: -0.08in; text-align: left"><span style="color: #001871; font-family: Symbol; font-size: 9.00pt; display: inline-block; width: 0.05in"></span> <span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">Requires the measurement of all market risk benefits associated with deposit (or account balance) contracts at fair value through the income statement with the exception of instrument-specific credit risk changes, which will be recognized in other comprehensive income.</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 3.00pt; margin-left: 0.21in; text-indent: -0.08in; text-align: left"><span style="color: #001871; font-family: Symbol; font-size: 9.00pt; display: inline-block; width: 0.05in"></span> <span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">Increased disclosures of disaggregated roll-forwards of policy benefits, account balances, market risk benefits, separate account liabilities and information about significant inputs, judgments and methods used in measurement and changes thereto and impact of those changes.</span></p><p style="margin-top: 9.00pt; line-height: 12.00pt; margin-bottom: 6.00pt; text-align: left"><span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">In September 2020, the FASB affirmed its proposal to defer the effective date of the standard to January 1, 2023, which the FASB initially proposed in an exposure draft in July 2020. We are currently evaluating the change in the effective date on our implementation efforts. We have started our implementation efforts and we are evaluating the method of adoption and impact of the standard on our reported consolidated financial condition, results of operations, cash flows and required disclosures. The adoption of this standard is expected to have a significant impact on our consolidated financial condition, results of operations, cash flows and required disclosures, as well as systems, processes and controls.</span></p><p style="margin-top: 9.00pt; line-height: 13.00pt; margin-bottom: 3.00pt; text-align: left"><span style="color: #001871; font-family: 'Arial', 'sans-serif'; font-weight: bold; font-size: 10.00pt">Income Tax</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 6.00pt; text-align: left"><span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">On December 18, 2019, the FASB issued an accounting standard that simplifies the accounting for income taxes by eliminating certain exceptions to the approach for intraperiod tax allocation, the methodology for calculating income taxes in an interim period and the recognition of deferred tax liabilities for outside basis differences. The amendments also simplified other areas including the accounting for franchise taxes and enacted tax laws or rates, and clarified the accounting for transactions that result in the step-up in the tax basis of goodwill. The standard is effective on January 1, 2021, with early adoption permitted. We do not expect the impact of the standard to be material to our consolidated financial condition, results of operations and cash flows.</span></p><p style="margin-top: 9.00pt; line-height: 13.00pt; margin-bottom: 3.00pt; text-align: left"><span style="color: #001871; font-family: 'Arial', 'sans-serif'; font-weight: bold; font-size: 10.00pt">Reference Rate Reform</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 6.00pt; text-align: left"><span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">On March 12, 2020, the FASB issued an accounting standard that provides temporary optional guidance to ease the potential burden in accounting for reference rate reform. The standard allows us to account for certain contract modifications that result from the discontinuation of the London Inter-Bank Offered Rate (LIBOR) or another reference rate as a continuation of the existing contract without additional analysis.</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 6.00pt; text-align: left"><span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">This standard may be elected and applied prospectively over time from March 12, 2020 through December 31, 2022 as reference rate reform activities occur. We have started our implementation efforts and we are evaluating the method of adoption and impact of the standard on our reported consolidated financial condition, results of operations, cash flows and required disclosures.</span></p><p style="margin-top: 9.00pt; line-height: 13.00pt; margin-bottom: 3.00pt; text-align: left"><span style="color: #001871; font-family: 'Arial', 'sans-serif'; font-weight: bold; font-size: 10.00pt">Clarification of Accounting for Certain Equity Method Investments </span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 6.00pt; text-align: left"><span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">On January 16, 2020, the FASB issued an accounting standard to clarify how a previously issued standard regarding a company’s ability to measure the fair value of certain equity securities without a readily determinable fair value should interact with equity method investments standards. The previously issued standard provides that such equity securities could be measured at cost, minus impairment, if any, unless an observable transaction for an identical or similar security occurs (measurement alternative). The new standard clarifies that a company should consider observable transactions that require the company to either apply or discontinue the equity method of accounting for the purposes of applying the measurement alternative in accordance with the equity method immediately before applying or upon discontinuing the equity method.</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 6.00pt; text-align: left"><span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">The standard further clarifies that, when determining the accounting for certain forward contracts and purchased options a company should not consider, whether upon settlement or exercise, if the underlying securities would be accounted for under the equity method or fair value option.</span></p><p style="margin-top: 0; line-height: 12.00pt; margin-bottom: 6.00pt; text-align: left"><span style="font-family: 'Arial', 'sans-serif'; font-size: 9.00pt">The standard is effective for interim and annual reporting periods beginning after December 15, 2020. We are evaluating the impact adoption of this standard will have on our consolidated financial condition, results of operations, cash flows and required disclosures.</span></p>
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CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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2374000000 USD
CY2019Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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4377000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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5876000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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16197000000 USD
CY2020Q3 us-gaap Trading Securities Unrealized Holding Gain Loss
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583000000 USD
CY2019Q3 us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
54000000 USD
CY2020Q3 us-gaap Trading Securities Realized Gain Loss
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8000000 USD
CY2019Q3 us-gaap Trading Securities Realized Gain Loss
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CY2020Q3 us-gaap Unrealized Gain Loss On Securities
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591000000 USD
CY2019Q3 us-gaap Unrealized Gain Loss On Securities
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23000000 USD
us-gaap Trading Securities Unrealized Holding Gain Loss
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248000000 USD
us-gaap Trading Securities Unrealized Holding Gain Loss
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621000000 USD
us-gaap Trading Securities Realized Gain Loss
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us-gaap Trading Securities Realized Gain Loss
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us-gaap Unrealized Gain Loss On Securities
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224000000 USD
us-gaap Unrealized Gain Loss On Securities
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422000000 USD
CY2020Q2 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
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CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
31000000 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
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330000000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Purchased With Credit Deterioration Increase
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0 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Purchased With Credit Deterioration Increase
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
26000000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Change In Present Value Expense Reversal
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0 USD
us-gaap Debt Securities Available For Sale Change In Present Value Expense Reversal
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CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Securities Sold
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us-gaap Debt Securities Available For Sale Allowance For Credit Loss Securities Sold
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CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Sell Before Recovery
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0 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Sell Before Recovery
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0 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
57000000 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
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CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Writeoff
DebtSecuritiesAvailableForSaleAllowanceForCreditLossWriteoff
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us-gaap Debt Securities Available For Sale Allowance For Credit Loss Writeoff
DebtSecuritiesAvailableForSaleAllowanceForCreditLossWriteoff
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CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Recovery
DebtSecuritiesAvailableForSaleAllowanceForCreditLossRecovery
0 USD
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Recovery
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0 USD
CY2020Q3 aig Debt Securities Available For Sale Allowance For Credit Loss Other
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aig Debt Securities Available For Sale Allowance For Credit Loss Other
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CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
236000000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
236000000 USD
us-gaap Debt Securities Available For Sale Purchased With Credit Deterioration Amount At Par Value
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644000000 USD
us-gaap Debt Securities Available For Sale Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date
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us-gaap Debt Securities Available For Sale Purchased With Credit Deterioration Discount Premium
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us-gaap Debt Securities Available For Sale Purchased With Credit Deterioration Amount At Purchase Price
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469000000 USD
CY2020Q3 us-gaap Securities Loaned Fair Value Of Collateral
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3312000000 USD
CY2019Q4 us-gaap Securities Loaned Fair Value Of Collateral
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2798000000 USD
CY2019Q4 us-gaap Restricted Investments Current
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330000000 USD
CY2020Q3 us-gaap Securities Received As Collateral
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5076000000 USD
CY2019Q4 us-gaap Securities Received As Collateral
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2567000000 USD
CY2020Q3 us-gaap Fair Value Of Securities Received As Collateral That Have Been Resold Or Repledged
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0 USD
CY2019Q4 us-gaap Fair Value Of Securities Received As Collateral That Have Been Resold Or Repledged
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121000000 USD
CY2020Q3 us-gaap Assets Held By Insurance Regulators
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10800000000 USD
CY2019Q4 us-gaap Assets Held By Insurance Regulators
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8700000000 USD
CY2020Q3 us-gaap Restricted Investments Current
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476000000 USD
CY2020Q3 us-gaap Loans And Leases Receivable Gross Carrying Amount
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CY2020Q3 us-gaap Fair Value Option Aggregate Differences Loans And Long Term Receivables
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46387000000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
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CY2019Q4 us-gaap Fair Value Option Aggregate Differences Loans And Long Term Receivables
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47422000000 USD
CY2020Q3 us-gaap Loans And Leases Receivable Allowance
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797000000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
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438000000 USD
CY2020Q3 us-gaap Loans And Leases Receivable Net Reported Amount
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45590000000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Net Reported Amount
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46984000000 USD
CY2020Q3 aig Average Debt Service Coverage Ratio Of Commercial Mortgages
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2.2 pure
CY2019Q4 aig Average Debt Service Coverage Ratio Of Commercial Mortgages
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2.0 pure
CY2020Q3 aig Average Loan To Value Ratio Of Commercial Mortgages
AverageLoanToValueRatioOfCommercialMortgages
0.57 pure
CY2019Q4 aig Average Loan To Value Ratio Of Commercial Mortgages
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0.56 pure
CY2020Q3 us-gaap Financing Receivable Originated In Current Fiscal Year
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646000000 USD
CY2020Q3 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
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CY2020Q3 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
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CY2020Q3 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
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866000000 USD
CY2020Q3 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
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973000000 USD
CY2020Q3 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
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942000000 USD
CY2020Q2 us-gaap Loans And Leases Receivable Allowance
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794000000 USD
CY2020Q3 aig Loans And Leases Receivable Allowance Initial Allowance Upon Adoption
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CY2019Q3 aig Loans And Leases Receivable Allowance Initial Allowance Upon Adoption
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CY2020Q3 us-gaap Allowance For Loan And Lease Losses Write Offs
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CY2019Q3 us-gaap Allowance For Loan And Lease Losses Write Offs
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CY2020Q3 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
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CY2019Q3 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
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CY2020Q3 us-gaap Allowance For Loan And Lease Losses Writeoffs Net
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CY2019Q3 us-gaap Allowance For Loan And Lease Losses Writeoffs Net
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CY2020Q3 us-gaap Provision For Loan And Lease Losses
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CY2019Q3 us-gaap Provision For Loan And Lease Losses
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CY2020Q3 us-gaap Loans And Leases Receivable Allowance
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797000000 USD
CY2019Q3 us-gaap Loans And Leases Receivable Allowance
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430000000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
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438000000 USD
CY2018Q4 us-gaap Loans And Leases Receivable Allowance
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aig Loans And Leases Receivable Allowance Initial Allowance Upon Adoption
LoansAndLeasesReceivableAllowanceInitialAllowanceUponAdoption
318000000 USD
aig Loans And Leases Receivable Allowance Initial Allowance Upon Adoption
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us-gaap Allowance For Loan And Lease Losses Write Offs
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us-gaap Allowance For Loan And Lease Losses Write Offs
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us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
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us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
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us-gaap Allowance For Loan And Lease Losses Writeoffs Net
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us-gaap Allowance For Loan And Lease Losses Writeoffs Net
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us-gaap Provision For Loan And Lease Losses
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53000000 USD
us-gaap Provision For Loan And Lease Losses
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CY2020Q3 us-gaap Loans And Leases Receivable Allowance
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CY2019Q3 us-gaap Loans And Leases Receivable Allowance
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430000000 USD
CY2020Q3 us-gaap Financing Receivable Modifications Recorded Investment
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us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2020Q3 aig Embedded Derivative Fair Value Of Embedded Derivative Asset Appreciation
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CY2020Q3 us-gaap Reinsurance Recoverables Gross
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77500000000 USD
CY2020Q3 aig Reinsurance Recoverables Allowance Initial Allowance Upon Adoption
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CY2020Q2 us-gaap Reinsurance Recoverables Allowance
ReinsuranceRecoverablesAllowance
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CY2019Q4 us-gaap Reinsurance Recoverables Allowance
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151000000 USD
CY2019Q4 us-gaap Derivative Asset Notional Amount
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CY2019Q4 us-gaap Derivative Fair Value Of Derivative Asset
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CY2019Q4 us-gaap Derivative Liability Notional Amount
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CY2019Q4 us-gaap Derivative Fair Value Of Derivative Liability
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aig Reinsurance Recoverables Allowance Initial Allowance Upon Adoption
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224000000 USD
CY2020Q3 us-gaap Reinsurance Recoverable Credit Loss Expense Reversal
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us-gaap Reinsurance Recoverable Credit Loss Expense Reversal
ReinsuranceRecoverableCreditLossExpenseReversal
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CY2020Q3 us-gaap Reinsurance Loss On Uncollectible Accounts In Period Amount
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us-gaap Reinsurance Loss On Uncollectible Accounts In Period Amount
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10000000 USD
CY2020Q3 aig Reinsurance Recoverables Allowance Other
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aig Reinsurance Recoverables Allowance Other
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CY2020Q3 us-gaap Reinsurance Recoverables Allowance
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370000000 USD
CY2020Q3 us-gaap Reinsurance Recoverables Allowance
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370000000 USD
CY2020Q3 us-gaap Derivative Asset Notional Amount
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CY2020Q3 us-gaap Derivative Fair Value Of Derivative Asset
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CY2020Q3 us-gaap Derivative Liability Notional Amount
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CY2020Q3 us-gaap Derivative Fair Value Of Derivative Liability
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CY2020Q3 us-gaap Derivative Asset Fair Value Gross Liability
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3695000000 USD
CY2020Q3 us-gaap Derivative Liability Fair Value Gross Asset
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3695000000 USD
CY2019Q4 us-gaap Derivative Asset Fair Value Gross Liability
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2427000000 USD
CY2019Q4 us-gaap Derivative Liability Fair Value Gross Asset
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2427000000 USD
CY2020Q3 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
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CY2020Q3 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
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1060000000 USD
CY2019Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
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1806000000 USD
CY2019Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
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527000000 USD
CY2020Q3 us-gaap Derivative Assets
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CY2019Q4 us-gaap Derivative Assets
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CY2019Q4 us-gaap Derivative Liabilities
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CY2020Q3 us-gaap Collateral Already Posted Aggregate Fair Value
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CY2019Q4 us-gaap Collateral Already Posted Aggregate Fair Value
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CY2020Q3 aig Derivative Collateral Obtained Third Parties
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CY2019Q4 aig Derivative Collateral Obtained Third Parties
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CY2020Q3 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
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us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
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CY2019Q3 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
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89000000 USD
us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Gross Of Tax
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146000000 USD
CY2019Q2 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
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CY2019Q4 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
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31069000000 USD
CY2020Q3 us-gaap Hybrid Instruments At Fair Value Net
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2500000000 USD
CY2019Q4 us-gaap Hybrid Instruments At Fair Value Net
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3300000000 USD
CY2020Q3 aig Hybrid Instruments At Par Value
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5200000000 USD
CY2019Q4 aig Hybrid Instruments At Par Value
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7400000000 USD
CY2020Q3 aig Contractual Deductible Recoverable Amount
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12700000000 USD
CY2019Q4 aig Contractual Deductible Recoverable Amount
ContractualDeductibleRecoverableAmount
12200000000 USD
CY2020Q3 aig Collateral Held For Subrogation
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CY2019Q4 aig Collateral Held For Subrogation
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CY2020Q3 aig Allowance For Credit Losses On Reinsurance Recoverable Unsecured
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CY2020Q2 us-gaap Liability For Claims And Claims Adjustment Expense
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CY2019Q2 us-gaap Liability For Claims And Claims Adjustment Expense
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CY2019Q4 us-gaap Liability For Claims And Claims Adjustment Expense
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CY2018Q4 us-gaap Liability For Claims And Claims Adjustment Expense
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CY2020Q2 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
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CY2018Q4 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
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31690000000 USD
CY2020Q3 aig Liability For Unpaid Claims And Claims Adjustment Expense Allowance For Credit Losses Initial Allowance Upon Adoption
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseAllowanceForCreditLossesInitialAllowanceUponAdoption
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CY2019Q3 aig Liability For Unpaid Claims And Claims Adjustment Expense Allowance For Credit Losses Initial Allowance Upon Adoption
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseAllowanceForCreditLossesInitialAllowanceUponAdoption
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aig Liability For Unpaid Claims And Claims Adjustment Expense Allowance For Credit Losses Initial Allowance Upon Adoption
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseAllowanceForCreditLossesInitialAllowanceUponAdoption
164000000 USD
aig Liability For Unpaid Claims And Claims Adjustment Expense Allowance For Credit Losses Initial Allowance Upon Adoption
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseAllowanceForCreditLossesInitialAllowanceUponAdoption
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CY2019Q2 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
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CY2019Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
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CY2018Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
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CY2020Q3 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
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4324000000 USD
CY2019Q3 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
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4612000000 USD
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
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12683000000 USD
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
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13181000000 USD
CY2020Q3 aig Changes In Unpaid Net Loss Reserves Related To Losses And Loss Adjustment Incurred In Prior Years Excluding Discount And Deferred Gain Amortization
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20000000 USD
CY2019Q3 aig Changes In Unpaid Net Loss Reserves Related To Losses And Loss Adjustment Incurred In Prior Years Excluding Discount And Deferred Gain Amortization
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aig Changes In Unpaid Net Loss Reserves Related To Losses And Loss Adjustment Incurred In Prior Years Excluding Discount And Deferred Gain Amortization
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CY2020Q3 aig Accreted Fair Value Adjustment To Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Prior Years
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25000000 USD
CY2019Q3 aig Accreted Fair Value Adjustment To Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Prior Years
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276000000 USD
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135000000 USD
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1017000000 USD
CY2020Q3 aig Changes In Unpaid Net Loss Reserves Related To Deferred Gain Amortization On Retroactive Reinsurance
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36000000 USD
CY2019Q3 aig Changes In Unpaid Net Loss Reserves Related To Deferred Gain Amortization On Retroactive Reinsurance
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aig Changes In Unpaid Net Loss Reserves Related To Deferred Gain Amortization On Retroactive Reinsurance
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187000000 USD
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129000000 USD
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4333000000 USD
CY2019Q3 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
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4827000000 USD
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
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12625000000 USD
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
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13848000000 USD
CY2020Q3 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
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2019-06-14
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2019-06-28
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us-gaap Other Comprehensive Income Loss Before Tax
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us-gaap Other Comprehensive Income Loss Tax
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CY2019Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
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CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
628000000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
8874000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
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160000000 USD
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
1666000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7048000000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
294000000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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973000000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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-5817000000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
3301000000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
11000000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
317000000 USD
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
78000000 USD
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
881000000 USD
CY2020Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
7000000 USD
CY2019Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
8000000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
22000000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
15000000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
276000000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
648000000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
5000000 USD
CY2019Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
4000000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
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CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
281000000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
648000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2404000000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
867713308 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
869627926 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
876262372 shares
CY2019Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
18804915 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
10958744 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
873130950 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
895814410 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
869627926 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
887221116 shares
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.31
CY2019Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.74
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-6.80
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.74
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.01
CY2019Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-6.80
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.74
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.31
CY2019Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.72
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-6.80
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.71
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
CY2019Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.72
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-6.80
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.71
aig Dilutive Shares Excluded From Computation Of Diluted Earnings Per Share
DilutiveSharesExcludedFromComputationOfDilutedEarningsPerShare
4432369 shares
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
70900000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
68900000 shares
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5100000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
24900000 shares
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.201 pure
CY2020Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2020Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.136 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.228 pure
CY2019Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2019Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.223 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
aig Maximum Statutory Rate To Offset Income By Non Operating Loss
MaximumStatutoryRateToOffsetIncomeByNonOperatingLoss
0.35 pure
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
286000000 USD
CY2020Q3 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
0 USD
CY2020Q3 aig Valuation Allowance Deferred Tax Asset Change In Amount Related To State Local And Foreign Jurisdictions
ValuationAllowanceDeferredTaxAssetChangeInAmountRelatedToStateLocalAndForeignJurisdictions
-8000000 USD
aig Valuation Allowance Deferred Tax Asset Change In Amount Related To State Local And Foreign Jurisdictions
ValuationAllowanceDeferredTaxAssetChangeInAmountRelatedToStateLocalAndForeignJurisdictions
12000000 USD
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
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CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4800000000 USD
CY2020Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4800000000 USD
CY2020Q3 aig Unrecognized Tax Benefits That Would Not Impat Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldNotImpatEffectiveTaxRate
45000000 USD
CY2019Q4 aig Unrecognized Tax Benefits That Would Not Impat Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldNotImpatEffectiveTaxRate
43000000 USD
CY2020Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
4700000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
4700000000 USD
CY2020Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
2600000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
2400000000 USD
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
126000000 USD
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
181000000 USD
CY2020Q3 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
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3600000000 USD
CY2020Q3 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 USD

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