v3.24.0.1
Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets:    
Bonds available for sale, allowance for credit losses $ 162 $ 186
Bonds available for sale, amortized cost 253,035 255,993
Mortgage and other loans receivable, allowance for credit losses 38,473 38,351
Other invested assets [1] 16,217 15,953
Short-term investments [1] 17,200 12,376
Premiums and other receivables, allowance for credit losses and disputes 139 169
Reinsurance asset, allowance for credit loss 236 295
Other assets, allowance for credit losses 49 49
Other assets [1] 13,089 12,384
Liabilities:    
Liability for unpaid losses and loss adjustment expenses, allowance for credit losses 14 14
Policyholder contract deposits 161,979 155,984
Fortitude Re funds withheld payable (portion measured at fair value: 2023 - $(1,226); 2022 - $(2,235)) (29,484) (30,383)
Short term debt $ 250 $ 1,500
AIG shareholders’ equity:    
Preferred stock, par value (in dollars per share) $ 5.00 $ 5.00
Preferred stock, shares authorized (in shares) 100,000,000 100,000,000
Preferred stock, shares issued (in shares) 20,000 20,000
Preferred stock liquidation preference $ 500 $ 500
Common stock, par value (in dollars per share) $ 2.50 $ 2.50
Common stock, shares authorized (in shares) 5,000,000,000 5,000,000,000
Common stock, shares issued (in shares) 1,906,671,492 1,906,671,492
Treasury stock, shares of common stock (in shares) 1,217,831,721 1,172,543,436
Fortitude RE    
Assets:    
Reinsurance asset, allowance for credit loss $ 0 $ 0
Excluding Fortitude    
Assets:    
Reinsurance asset, allowance for credit loss 236 295
Short-term investments, at cost (approximates fair value)    
Assets:    
Restricted cash 4 140
Other assets    
Assets:    
Restricted cash 45 33
Recurring Basis    
Assets:    
Other invested assets 11,733 12,042
Short-term investments 10,772 5,708
Other assets 754 621
Liabilities:    
Policyholder contract deposits 7,997 5,408
Fortitude Re funds withheld payable (portion measured at fair value: 2023 - $(1,226); 2022 - $(2,235)) (1,226) (2,235)
Other liabilities 624 343
Long-term debt, portion measured at fair value $ 53 $ 56
[1] See Note 10 for details of balances associated with variable interest entities.