v3.24.1.u1
Held-For-Sale Classification (Tables)
3 Months Ended
Mar. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
The following table summarizes the components of assets and liabilities held-for-sale on the Condensed Consolidated Balance Sheet at March 31, 2024 and December 31, 2023 after elimination of intercompany balances:
March 31, 2024December 31, 2023
(in millions)
AIG Life
Other
Total
AIG Life
Other
Total
Assets:
Bonds available-for-sale
$160 $— $160 $167 $— $167 
Other invested assets— 167 167 — 67 67 
Short-term investments
24 — 24 11 — 11 
Cash— — — 3 — 3 
Accrued investment income3 — 3 3 — 3 
Premiums and other receivables, net of allowance for credit losses and disputes131 — 131 116 — 116 
Reinsurance assets - other, net of allowance for credit losses and disputes882 — 882 899 — 899 
Deferred income taxes47 — 47 47 — 47 
Deferred policy acquisition costs841 — 841 814 — 814 
Other assets*
82 12 94 83 27 110 
Total assets held-for-sale
$2,170 $179 $2,349 $2,143 $94 $2,237 
Liabilities:
Future policy benefits for life and accident and health insurance contracts$842 $— $842 $838 $— $838 
Other liabilities931 — 931 908 — 908 
Total liabilities held-for-sale
$1,773 $— $1,773 $1,746 $— $1,746 
* Other assets includes goodwill and other intangibles of $23 million and $3 million, respectively for AIG Life at March 31, 2024 and $23 million and $3 million, respectively at December 31, 2023.