American International (AIG) 10-Q 31 Oct 13 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2013	Oct. 25, 2013
Document and Entity Information	'	'
Entity Registrant Name	'AMERICAN INTERNATIONAL GROUP INC	'
Entity Central Index Key	'0000005272	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	1,472,346,407
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Fixed maturity securities:	'	'
Bonds available for sale, at fair value (amortized cost: 2013 - $249,062; 2012 - $246,149)	$259,901	$269,959
Bond trading securities, at fair value	22,884	24,584
Equity securities:	'	'
Common and preferred stock available for sale, at fair value (cost: 2013 - $1,626; 2012 - $1,640)	3,378	3,212
Common and preferred stock trading, at fair value	807	662
Mortgage and other loans receivable, net of allowance (portion measured at fair value: 2013 - $0; 2012 - $134)	19,707	19,482
Other invested assets (portion measured at fair value: 2013 - $8,071; 2012 - $7,056)	29,168	29,117
Short-term investments (portion measured at fair value: 2013 - $5,373; 2012 - $8,056)	22,457	28,808
Total investments	358,302	375,824
Cash	2,058	1,151
Accrued investment income	3,008	3,054
Premiums and other receivables, net of allowance	13,715	13,989
Reinsurance assets, net of allowance	26,264	25,595
Deferred income taxes	21,671	17,466
Deferred policy acquisition costs	9,188	8,182
Derivative assets, at fair value	1,723	3,671
Other assets, including restricted cash of $902 in 2013 and $1,878 in 2012 (portion measured at fair value: 2013 - $486; 2012 - $696)	8,736	10,399
Separate account assets, at fair value	65,959	57,337
Assets held for sale	30,120	31,965
Total assets	540,744	548,633
Liabilities:	'	'
Liability for unpaid claims and claims adjustment expense	83,228	87,991
Unearned premiums	23,606	22,537
Future policy benefits for life and accident and health insurance contracts	40,111	40,523
Policyholder contract deposits (portion measured at fair value: 2013 - $387; 2012 - $1,257)	121,441	122,980
Other policyholder funds	5,115	6,267
Derivative liabilities, at fair value	2,722	4,061
Other liabilities (portion measured at fair value: 2013 - $766; 2012 - $1,080)	31,368	32,068
Long-term debt (portion measured at fair value: 2013 - $6,981; 2012 - $8,055)	42,231	48,500
Separate account liabilities	65,959	57,337
Liabilities held for sale	25,448	27,366
Total liabilities	441,229	449,630
Contingencies, commitments and guarantees (see Note 10)	'	'
Redeemable noncontrolling interests (see Note 12)	66	334
AIG shareholders' equity:	'	'
Common stock, $2.50 par value; 5,000,000,000 shares authorized; shares issued: 2013 - 1,906,633,429 and 2012 - 1,906,611,680	4,766	4,766
Treasury stock, at cost; 2013 - 434,289,707; 2012 - 430,289,745 shares of common stock	-14,115	-13,924
Additional paid-in capital	80,497	80,410
Retained earnings	21,136	14,176
Accumulated other comprehensive income (loss)	6,509	12,574
Total AIG shareholders' equity	98,793	98,002
Non-redeemable noncontrolling interests (including $100 associated with businesses held for sale)	656	667
Total equity	99,449	98,669
Total liabilities and equity	$540,744	$548,633

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical - assets and liabilities) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Assets:	'	'
Bonds available for sale, amortized cost	$249,062	$246,149
Common and preferred stock available for sale, cost	1,626	1,640
Mortgage and other loans receivable, portion measured at fair value	0	134
Other invested assets, portion measured at fair value	8,071	7,056
Short-term investments, portion measured at fair value	5,373	8,056
Other assets, restricted cash	902	1,878
Other assets, portion measured at fair value	486	696
Liabilities:	'	'
Policyholder contract deposits, portion measured at fair value	387	1,257
Other liabilities, portion measured at fair value	766	1,080
Long-term debt, portion measured at fair value	$6,981	$8,055

CONDENSED_CONSOLIDATED_BALANCE2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical - equity) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, except Share data, unless otherwise specified
AIG shareholders' equity:	'	'
Common stock, par value (in dollars per share)	$2.50	$2.50
Common stock, shares authorized	5,000,000,000	5,000,000,000
Common stock, shares issued	1,906,633,429	1,906,611,680
Treasury stock, shares of common stock	434,289,707	430,289,745
Non-redeemable noncontrolling interests, associated with businesses held for sale (in dollars)	$100	$100

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)	3 Months Ended		9 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenues:	'	'	'	'
Premiums	$9,352	$9,512	$27,924	$28,611
Policy fees	645	580	1,883	1,731
Net investment income	3,573	4,650	11,581	16,236
Net realized capital gains (losses):	'	'	'	'
Total other-than-temporary impairments on available for sale securities	-33	-34	-90	-301
Portion of other-than-temporary impairments on available for sale fixed maturity securities recognized in Other comprehensive income (loss)	-6	-36	-17	-372
Net other-than-temporary impairments on available for sale securities recognized in net income (loss)	-39	-70	-107	-673
Other realized capital gains	291	716	2,250	1,467
Total net realized capital gains (losses)	252	646	2,143	794
Other income	1,004	1,334	4,498	3,068
Total revenues	14,826	16,722	48,029	50,440
Benefits, claims and expenses:	'	'	'	'
Policyholder benefits and claims incurred	7,416	8,002	22,234	22,910
Interest credited to policyholder account balances	924	1,189	2,913	3,305
Amortization of deferred acquisition costs	1,220	1,522	3,859	4,341
Other acquisition and insurance expenses	2,251	2,214	6,734	6,736
Interest expense	516	602	1,628	1,734
Loss (gain) on extinguishment of debt	81	'	459	9
Other expenses	1,239	635	3,044	2,712
Total benefits, claims and expenses	13,647	14,164	40,871	41,747
Income (loss) from continuing operations before income tax expense (benefit)	1,179	2,558	7,158	8,693
Income tax expense (benefit)	-993	734	123	1,324
Income (loss) from continuing operations	2,172	1,824	7,035	7,369
Income (loss) from discontinued operations, net of income tax expense (benefit)	-42	37	84	280
Net income (loss)	2,130	1,861	7,119	7,649
Less: Net income (loss) from continuing operations attributable to noncontrolling interests:	'	'	'	'
Nonvoting, callable, junior and senior preferred interests	'	'	'	208
Other	-40	5	12	45
Total net income (loss) from continuing operations attributable to noncontrolling interests	-40	5	12	253
Net income (loss) attributable to AIG	$2,170	$1,856	$7,107	$7,396
Basic:	'	'	'	'
Income (loss) from continuing operations - basic (in dollars per share)	$1.50	$1.11	$4.76	$4.05
Income (loss) from discontinued operations - basic (in dollars per share)	($0.03)	$0.02	$0.06	$0.16
Net Income (loss) attributable to AIG - basic (in dollars per share)	$1.47	$1.13	$4.82	$4.21
Diluted:	'	'	'	'
Income (loss) from continuing operations - diluted (in dollars per share)	$1.49	$1.11	$4.74	$4.05
Income (loss) from discontinued operations - diluted (in dollars per share)	($0.03)	$0.02	$0.06	$0.16
Net Income (loss) attributable to AIG - diluted (in dollars per share)	$1.46	$1.13	$4.80	$4.21
Weighted average shares outstanding:	'	'	'	'
Basic (in shares)	1,475,053,126	1,642,472,814	1,476,007,034	1,757,955,937
Diluted (in shares)	1,485,322,858	1,642,502,251	1,481,410,873	1,757,984,154
Dividends declared per common share (in dollars per share)	$0.10	'	$0.10	'

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME	'	'	'	'
Net income (loss)	$2,130	$1,861	$7,119	$7,649
Other comprehensive income (loss), net of tax	'	'	'	'
Change in unrealized appreciation (depreciation) of fixed maturity investments on which other-than-temporary credit impairments were taken	-23	497	172	1,127
Change in unrealized appreciation (depreciation) of all other investments	-434	2,331	-5,668	4,617
Change in foreign currency translation adjustments	-49	240	-627	-96
Change in net derivative gains (losses) arising from cash flow hedging activities	'	2	'	25
Change in retirement plan liabilities adjustment	-26	29	35	61
Other comprehensive income (loss)	-532	3,099	-6,088	5,734
Comprehensive income (loss)	1,598	4,960	1,031	13,383
Comprehensive income (loss) attributable to noncontrolling nonvoting, callable, junior and senior preferred interests	'	'	'	208
Comprehensive income (loss) attributable to other noncontrolling interests	-42	8	-11	45
Total comprehensive income (loss) attributable to noncontrolling interests	-42	8	-11	253
Comprehensive income (loss) attributable to AIG	$1,640	$4,952	$1,042	$13,130

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENT OF EQUITY (USD $)	Total	Total AIG Shareholders' Equity	Common Stock	Treasury Stock	Additional Paid-in Capital	Retained Earnings (Accumulated Deficit)	Accumulated Other Comprehensive Income (Loss)	Non redeemable Non-controlling Interests
In Millions, unless otherwise specified
Balance at Dec. 31, 2012	$98,669	$98,002	$4,766	($13,924)	$80,410	$14,176	$12,574	$667
Increase (Decrease) in Stockholders' Equity	'	'	'	'	'	'	'	'
Purchase of common stock	-192	-192	'	-192	'	'	'	'
Net income (loss) attributable to AIG or other noncontrolling interests	7,119	7,107	'	'	'	7,107	'	12
Dividends	-147	-147	'	'	'	-147	'	'
Other comprehensive income (loss)	-6,071	-6,065	'	'	'	'	-6,065	-6
Deferred income taxes	-9	-9	'	'	-9	'	'	'
Net increase due to consolidation	1	'	'	'	'	'	'	1
Contributions from noncontrolling interests	25	'	'	'	'	'	'	25
Distributions to noncontrolling interests	-37	'	'	'	'	'	'	-37
Other	91	97	'	1	96	'	'	-6
Balance at Sep. 30, 2013	$99,449	$98,793	$4,766	($14,115)	$80,497	$21,136	$6,509	$656

CONDENSED_CONSOLIDATED_STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Cash flows from operating activities:	'	'
Net income (loss)	$7,119	$7,649
Income (loss) from discontinued operations	-84	-280
Noncash revenues, expenses, gains and losses included in income (loss):	'	'
Net (gains) losses on sales of securities available for sale and other assets	-2,164	-2,813
Net (gains) losses on extinguishment of debt	459	9
Unrealized (gains) losses in earnings - net	-1,771	-4,590
Equity in (income) loss from equity method investments, net of dividends or distributions	-945	-527
Depreciation and other amortization	3,510	4,019
Impairments of assets	408	1,150
Changes in operating assets and liabilities:	'	'
Property casualty and life insurance reserves	768	-1,119
Premiums and other receivables and payables - net	-137	1,022
Reinsurance assets and funds held under reinsurance treaties	-336	272
Capitalization of deferred policy acquisition costs	-4,412	-4,260
Current and deferred income taxes - net	-255	948
Other, net	-236	-890
Total adjustments	-5,111	-6,779
Net cash provided by (used in) operating activities - continuing operations	1,924	590
Net cash provided by (used in) operating activities - discontinued operations	2,024	2,249
Net cash provided by (used in) operating activities	3,948	2,839
Sales or distribution of:	'	'
Available for sale investments	27,961	30,070
Trading securities	4,174	15,704
Other invested assets	3,942	10,770
Maturities of fixed maturity securities available for sale	19,907	16,179
Principal payments received on and sales of mortgage and other loans receivable	2,688	2,214
Purchases of:	'	'
Available for sale investments	-50,639	-38,869
Trading securities	-1,880	-11,844
Other invested assets	-3,585	-3,225
Mortgage and other loans receivable	-3,109	-2,110
Net change in restricted cash	977	651
Net change in short-term investments	6,801	1,800
Other, net	-869	-177
Net cash provided by (used in) investing activities - continuing operations	6,368	21,163
Net cash provided by (used in) investing activities - discontinued operations	150	-2,005
Net cash provided by (used in) investing activities	6,518	19,158
Proceeds from (payments for)	'	'
Policyholder contract deposits	11,348	10,092
Policyholder contract withdrawals	-12,481	-10,426
Issuance of long-term debt	1,742	4,504
Repayments of long-term debt	-7,381	-6,171
Repayment of Department of the Treasury SPV Preferred Interests	'	-8,636
Purchase of Common Stock	-192	-13,000
Dividends paid	-147	'
Other, net	-195	2,055
Net cash provided by (used in) financing activities - continuing operations	-7,306	-21,582
Net cash provided by (used in) financing activities - discontinued operations	-2,166	-272
Net cash provided by (used in) financing activities	-9,472	-21,854
Effect of exchange rate changes on cash	-79	-9
Net increase (decrease) in cash	915	134
Cash at beginning of year	1,151	1,474
Change in cash of businesses held for sale	-8	'
Cash at end of period	$2,058	$1,608

Supplementary_Disclosure_of_Co

Supplementary Disclosure of Condensed Consolidated Cash Flow Information (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Cash paid during the period for:	'	'
Interest	$2,951	$3,056
Taxes	378	403
Non-cash investing/financing activities:	'	'
Interest credited to policyholder contract deposits included in financing activities	$2,977	$3,375

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2013
BASIS OF PRESENTATION	'
BASIS OF PRESENTATION	'
	1. BASIS OF PRESENTATION
	American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries. AIG companies serve commercial, institutional and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG Common Stock, par value $2.50 per share (AIG Common Stock), is listed on the New York Stock Exchange (NYSE: AIG) and the Tokyo Stock Exchange. Unless the context indicates otherwise, the terms "AIG," "we," "us" or "our" mean American International Group, Inc. and its consolidated subsidiaries and the term "AIG Parent" means American International Group, Inc. and not any of its consolidated subsidiaries.
	These unaudited condensed consolidated financial statements do not include all disclosures that are normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States (GAAP) and should be read in conjunction with the audited consolidated financial statements and the related notes included in our Annual Report on Form 10-K for the year ended December 31, 2012 (2012 Annual Report). The condensed consolidated financial information as of December 31, 2012 included herein has been derived from audited consolidated financial statements in the 2012 Annual Report.
	Certain of our foreign subsidiaries included in the condensed consolidated financial statements report on different fiscal-period bases. The effect on our condensed consolidated financial condition and results of operations of all material events occurring at these subsidiaries through the date of each of the periods presented in these condensed consolidated financial statements has been recorded. In the opinion of management, these condensed consolidated financial statements contain normal recurring adjustments, including eliminations of material intercompany accounts and transactions, necessary for a fair statement of the results presented herein.
	Interim period operating results may not be indicative of the operating results for a full year. We evaluated the need to recognize or disclose events that occurred subsequent to September 30, 2013 and prior to the issuance of these condensed consolidated financial statements.
	Presentation Changes
	Advisory fee income, and the related commissions and advisory fee expenses of AIG Life and Retirement's broker dealer business, are now being presented on a gross basis within Other income and Other expenses, respectively. Previously, these amounts were included on a net basis within Policy fees in AIG's Condensed Consolidated Statements of Income and in AIG Life and Retirement's segment results.
	In addition, policyholder benefits related to certain payout annuities, primarily with life contingent features, are now being presented in the Condensed Consolidated Balance Sheets as Future policy benefits for life and accident and health insurance contracts instead of as Policyholder contract deposits.
	Prior period amounts were conformed to the current period presentation. These changes did not affect Income from continuing operations before income tax expense, Net income attributable to AIG or Total liabilities.
	Use of Estimates
	The preparation of financial statements in accordance with GAAP requires the application of accounting policies that often involves a significant degree of judgment. Accounting policies that are most dependent on the application of estimates and assumptions are considered our critical accounting estimates and are related to the determination of:
	•
	classification of International Lease Finance Corporation (ILFC) as held for sale and related fair value measurement;
	•
	insurance liabilities, including property casualty and mortgage guaranty unpaid claims and claims adjustment expense and future policy benefits for life and accident and health contracts;
	•
	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;
	•
	recoverability of assets, including reinsurance assets;
	•
	estimated gross profits for investment-oriented products;
	•
	other-than-temporary impairments of financial instruments;
	•
	liabilities for legal contingencies; and
	•
	fair value measurements of certain financial assets and liabilities.
	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.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2013
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Accounting Standards Adopted During 2013
	Testing Indefinite-Lived Intangible Assets for Impairment
	In July 2012, the Financial Accounting Standards Board (FASB) issued an accounting standard that allows a company, as a first step in an impairment review, to assess qualitatively whether it is more likely than not that an indefinite-lived intangible asset is impaired. We are not required to calculate the fair value of an indefinite-lived intangible asset and perform a quantitative impairment test unless we determine, based on the results of the qualitative assessment, that it is more likely than not the asset is impaired.
	The standard became effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. We adopted the standard on its required effective date of January 1, 2013. The adoption of this standard had no material effect on our consolidated financial condition, results of operations or cash flows.
	Disclosures about Offsetting Assets and Liabilities
	In January 2013, the FASB issued an accounting standard that clarifies the scope of transactions subject to disclosures about offsetting assets and liabilities. The standard applies to derivatives, repurchase agreements and reverse repurchase agreements, and securities borrowing and securities lending transactions that are offset either in accordance with specific criteria contained in the FASB Accounting Standards Codification or subject to a master netting arrangement or similar agreement.
	The standard became effective for fiscal years and interim periods beginning on or after January 1, 2013. We adopted the standard on its required effective date of January 1, 2013 and applied it retrospectively to all comparative periods presented. The adoption of this standard had no material effect on our consolidated financial condition, results of operations or cash flows.
	Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income
	In February 2013, the FASB issued an accounting standard requiring us to disclose the effect of reclassifying significant items out of accumulated other comprehensive income on the respective line items of net income or to provide a cross-reference to other disclosures required under GAAP.
	The standard became effective for annual and interim reporting periods beginning after December 15, 2012. We adopted the standard on its required effective date of January 1, 2013. The adoption of this standard had no effect on our consolidated financial condition, results of operations or cash flows.
	Inclusion of the Federal Funds Effective Swap Rate as a Benchmark Interest Rate for Hedge Accounting Purposes
	In July 2013, the FASB issued an accounting standard that permits the Federal Funds Effective Swap Rate (or Overnight Index Swap Rate) to be used as a U.S. benchmark interest rate for hedge accounting purposes in addition to U.S. Treasury rates and LIBOR. The standard also removes the prohibition on the use of differing benchmark rates when entering into similar hedging relationships.
	The standard became effective on a prospective basis for qualifying new or redesignated hedging relationships entered into on or after July 17, 2013 to the extent the Federal Funds Effective Swap Rate is used as a U.S. benchmark interest rate for hedge accounting purposes. We adopted the standard on its effective date of July 17, 2013. The adoption of this standard had no material effect on our consolidated financial condition, results of operations or cash flows.
	Future Application of Accounting Standards
	Certain Obligations Resulting from Joint and Several Liability Arrangements
	In February 2013, the FASB issued an accounting standard that requires us to measure obligations resulting from joint and several liability arrangements for which the total amount of the obligation is fixed at the reporting date as the sum of (i) the amount we agreed to pay on the basis of our arrangement among our co-obligors and (ii) any additional amount we expect to pay on behalf of our co-obligors.
	The standard is effective for fiscal years and interim periods beginning after December 15, 2013, but earlier adoption is permitted. Upon adoption, the standard should be applied retrospectively to all prior periods presented. We plan to adopt the standard on its required effective date of January 1, 2014 and do not expect the adoption of the standard to have a material effect on our consolidated financial condition, results of operations or cash flows.
	Parent's Accounting for the Cumulative Translation Adjustment upon Derecognition of an Investment within a Foreign Entity or of an Investment in a Foreign Entity
	In March 2013, the FASB issued an accounting standard addressing whether consolidation guidance or foreign currency guidance applies to the release of the cumulative translation adjustment into net income when a parent sells all or a part of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or net assets that are a business (other than a sale of in-substance real estate) within a foreign entity. The guidance also resolves the diversity in practice for the cumulative translation adjustment treatment in business combinations achieved in stages involving foreign entities.
	Under this standard, the entire amount of the cumulative translation adjustment associated with the foreign entity should be released into earnings when there has been: (i) a sale of a subsidiary or group of net assets within a foreign entity and the sale represents a complete or substantially complete liquidation of the foreign entity in which the subsidiary or the net assets had resided; (ii) a loss of a controlling financial interest in an investment in a foreign entity; or (iii) a change in accounting method from applying the equity method to an investment in a foreign entity to consolidating the foreign entity.
	The standard is effective for fiscal years and interim periods beginning after December 15, 2013, and will be applied prospectively. We plan to adopt the standard on its required effective date of January 1, 2014 and do not expect the adoption of the standard to have a material effect on our consolidated financial condition, results of operations or cash flows.
	Investment Company Guidance
	In June 2013, the FASB issued an accounting standard that amends the criteria a company must meet to qualify as an investment company, clarifies the measurement guidance, and requires new disclosures for investment companies. An entity that is regulated by the Securities and Exchange Commission under the Investment Company Act of 1940 (the 1940 Act) qualifies as an investment company. Entities that are not regulated under the 1940 Act must have certain fundamental characteristics and must consider other characteristics to determine whether they qualify as investment companies. An entity's purpose and design should be considered when making the assessment.
	The standard is effective for fiscal years and interim periods beginning after December 15, 2013. Earlier adoption is prohibited. An entity that no longer meets the requirements to be an investment company as a result of this standard should present the change in its status as a cumulative-effect adjustment to retained earnings as of the beginning of the period of adoption. An entity that is an investment company should apply the guidance prospectively as an adjustment to opening net assets as of the effective date. The adjustment to net assets represents both the difference between the fair value and the carrying amount of the entity's investments and any amount previously recognized in accumulated other comprehensive income. We plan to adopt the standard on its required effective date of January 1, 2014 and do not expect the adoption of the standard to have a material effect on our consolidated financial condition, results of operations or cash flows.
	Presentation of Unrecognized Tax Benefits
	In July 2013, the FASB issued an accounting standard that requires a liability related to unrecognized tax benefits to be presented as a reduction to the related deferred tax asset for a net operating loss carryforward or a tax credit carryforward (the Carryforwards). When the Carryforwards are not available at the reporting date under the tax law of the applicable jurisdiction or the tax law of the applicable jurisdiction does not require, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit will be presented in the financial statements as a liability and will not be combined with the related deferred tax asset.
	The standard is effective for fiscal years and interim periods beginning after December 15, 2013, but earlier adoption is permitted. Upon adoption, the standard should be applied prospectively to unrecognized tax benefits that existed at the effective date. Retrospective application is permitted. We plan to adopt the standard prospectively on its required effective date of January 1, 2014 and do not expect the adoption of the standard to have a material effect on our consolidated financial condition, results of operations or cash flows.

SEGMENT_INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2013
SEGMENT INFORMATION	'
SEGMENT INFORMATION	'
	3. SEGMENT INFORMATION
	We report the results of our operations through two reportable segments: AIG Property Casualty and AIG Life and Retirement. We evaluate performance based on revenues and pre-tax income (loss), excluding results from discontinued operations, because we believe this provides more meaningful information on how our operations are performing.
	AIG Property Casualty Investment Income Allocation
	Investment income is allocated to the Commercial Insurance and Consumer Insurance operating segments based on an internal investment income allocation model. The model estimates investable funds based primarily on loss reserves and allocated capital. Commencing in the first quarter of 2013, AIG Property Casualty began applying similar duration and risk-free yields (plus an illiquidity premium) to the allocated capital of Commercial Insurance and Consumer Insurance as is applied to reserves.
	AIG Life and Retirement Operating Segment Change
	In 2012, AIG Life and Retirement announced several key organizational structure and management changes intended to better serve the organization's distribution partners and customers. Key aspects of the new structure include distinct product manufacturing divisions, shared annuity and life operations platforms and a unified all-channel distribution organization with access to all AIG Life and Retirement products.
	AIG Life and Retirement fully implemented these changes during the first quarter of 2013 and now presents its operating results in the following two operating segments:
	Retail - product lines include life insurance and accident and health (A&H), fixed annuities, retirement income solutions (including variable and indexed annuities), brokerage services and retail mutual funds.
	Institutional - product lines include group retirement, group benefits and institutional markets. The institutional markets product line consists of stable value wrap products, structured settlement and terminal funding annuities, high net worth products, guaranteed investment contracts (GICs), and corporate- and bank-owned life insurance.
	These changes align financial reporting with the manner in which AIG's chief operating decision makers review the business to assess performance and to allocate resources. Prior period amounts have been revised to reflect the new structure, which did not affect previously reported pre-tax income from continuing operations for AIG Life and Retirement. Prior to the first quarter of 2013, AIG Life and Retirement was presented as two operating segments: Life Insurance and Retirement Services.
	The following table presents AIG's operations by reportable segment:
		2013						2012
	Three Months Ended September 30,	Total Revenues			Pre-tax Income			Total Revenues			Pre-tax Income
	(in millions)				(Loss) from						(Loss) from
					continuing operations						continuing operations
	AIG Property Casualty
	Commercial Insurance	$	5,760		$	610		$	5,927		$	371
	Consumer Insurance		3,359			93			3,582			152
	Other		489			326			640			426
	Total AIG Property Casualty		9,608			1,029			10,149			949
	AIG Life and Retirement
	Retail		2,884			941			2,747			531
	Institutional		1,760			300			2,000			358
	Total AIG Life and Retirement		4,644			1,241			4,747			889
	Other Operations
	Mortgage Guaranty		236			43			218			6
	Global Capital Markets		87			29			235			190
	Direct Investment book		147			52			506			406
	Retained Interests		–			–			857			857
	Corporate & Other		217			(1,250	)		412			(566	)
	Consolidation and elimination		(9	)		1			(15	)		(2	)
	Total Other Operations		678			(1,125	)		2,213			891
	AIG Consolidation and elimination		(104	)		34			(387	)		(171	)
	Total AIG Consolidated	$	14,826		$	1,179		$	16,722		$	2,558
		2013						2012
	Nine Months Ended September 30,	Total Revenues			Pre-tax Income			Total Revenues			Pre-tax Income
	(in millions)				(Loss) from						(Loss) from
					continuing operations						continuing operations
	AIG Property Casualty
	Commercial Insurance	$	17,229		$	2,186		$	17,871		$	1,761
	Consumer Insurance		10,212			337			10,758			578
	Other		1,892			1,278			1,338			481
	Total AIG Property Casualty		29,333			3,801			29,967			2,820
	AIG Life and Retirement
	Retail		9,326			3,114			7,647			1,356
	Institutional		6,106			1,416			5,430			1,172
	Total AIG Life and Retirement		15,432			4,530			13,077			2,528
	Other Operations
	Mortgage Guaranty		710			162			642			62
	Global Capital Markets		592			431			405			253
	Direct Investment book		1,373			1,084			1,434			1,139
	Retained Interests		–			–			4,717			4,717
	Corporate & Other		1,030			(2,949	)		925			(2,659	)
	Consolidation and elimination		(28	)		3			(38	)		(1	)
	Total Other Operations		3,677			(1,269	)		8,085			3,511
	AIG Consolidation and elimination		(413	)		96			(689	)		(166	)
	Total AIG Consolidated	$	48,029		$	7,158		$	50,440		$	8,693

HELDFORSALE_CLASSIFICATION_AND

HELD-FOR-SALE CLASSIFICATION AND DISCONTINUED OPERATIONS	9 Months Ended
	Sep. 30, 2013
HELD-FOR-SALE CLASSIFICATION AND DISCONTINUED OPERATIONS	'
HELD-FOR-SALE CLASSIFICATION AND DISCONTINUED OPERATIONS	'
	4. HELD-FOR-SALE CLASSIFICATION AND DISCONTINUED OPERATIONS
	International Lease Finance Corporation Sale
	On December 9, 2012, AIG Parent, AIG Capital Corporation (Seller), a wholly-owned direct subsidiary of AIG Parent and the sole shareholder of ILFC, and Jumbo Acquisition Limited (Purchaser) entered into a definitive agreement (the Share Purchase Agreement) for the sale of 80.1 percent of the common stock of ILFC for approximately $4.2 billion in cash (the ILFC Transaction). The Share Purchase Agreement permits the Purchaser to elect to purchase an additional 9.9 percent of the common stock of ILFC for $522.5 million (the Option). On June 15, 2013, AIG Parent, Seller and Purchaser entered into an amendment (the Amendment) to the Share Purchase Agreement, as amended by Amendment No. 1, dated May 10, 2013. The Amendment extended to July 31, 2013, the date on which any of AIG Parent, Seller or Purchaser may terminate the Share Purchase Agreement, as amended, if the closing of the ILFC Transaction had not yet occurred. Under the Amendment, AIG Parent and Seller may pursue (but not enter into definitive documentation for, or consummate) other offers for ILFC and may continue to pursue (but not engage in widespread solicitation of orders for, or request effectiveness of) the alternative of a public offering.
	On July 15, 2013, the Purchaser delivered notice that it intended to exercise the Option, raising the size of the total purchase to 90 percent of the common stock of ILFC.
	As of October 31, 2013, the closing of the ILFC Transaction has not occurred. As a result, no assurance can be given that the Share Purchase Agreement will not be terminated. We continue to consider ILFC as a non-core business and we are continuing to pursue other options including an alternative sale or an initial public offering. We determined ILFC met the criteria for held for sale and discontinued operations accounting at September 30, 2013 and December 31, 2012.
	The following table summarizes the components of assets and liabilities held-for sale:
	(in millions)	September 30,			December 31,
		2013			2012
	Assets:
	Equity securities	$	2		$	1
	Mortgage and other loans receivable, net		178			117
	Flight equipment primarily under operating leases,  net of accumulated depreciation		35,256			34,468
	Short-term investments		548			1,861
	Cash		71			63
	Premiums and other receivables, net of allowance		300			308
	Other assets		2,238			1,864
	Assets held for sale		38,593			38,682
	Less: Loss accrual		(8,473	)		(6,717	)
	Total assets held for sale	$	30,120		$	31,965
	Liabilities:
	Other liabilities	$	3,195		$	3,043
	Long-term debt		22,253			24,323
	Total liabilities held for sale	$	25,448		$	27,366
	The following table summarizes income from discontinued operations:
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
	(in millions)	2013			2012			2013			2012
	Revenues:
	Aircraft leasing revenue	$	1,120		$	1,147		$	3,313		$	3,426
	Net realized capital gains		1			1			–			–
	Other income (loss)		(3	)		(5	)		(10	)		(14	)
	Total revenues		1,118			1,143			3,303			3,412
	Benefits, claims and expenses, excluding Aircraft leasing expenses		341			386			1,112			1,184
	Aircraft leasing expenses		196			720			376			1,991
	Income from discontinued operations		581			37			1,815			237
	Gain (loss) on sale		(609	)		–			(1,636	)		12
	Income (loss) from discontinued operations, before income tax (benefit) expense		(28	)		37			179			249
	Income tax (benefit) expense		14			–			95			(31	)
	Income (loss) from discontinued operations, net of income tax	$	(42	)	$	37		$	84		$	280
	We recorded a $6.7 billion pre-tax loss and a $4.4 billion after-tax loss on the sale of ILFC for the year ended December 31, 2012. In the three- and nine-month periods ended September 30, 2013, we recorded additional pre-tax losses of $582 million and $1.8 billion, respectively, on the sale, largely offsetting ILFC operating results for the periods. ILFC operating results did not include depreciation and amortization expense as a result of its classification as held for sale, because depreciation and amortization expense is not recorded on the assets of a business after the business is classified as held-for-sale.
	Impairment in ILFC Separate-Company Financial Statements
	ILFC recognized a $1.1 billion impairment charge related to flight equipment held for use in their separate-company financial statements for the three- and nine-month periods ended September 30, 2013. ILFC concluded that the net book value of certain four-engine widebody aircraft in their fleet is no longer supportable based upon the latest cash flow estimates because the estimated holding period is not likely to be as long as previously anticipated. Sustained high fuel prices, the introduction of more fuel-efficient aircraft, and the success of competing aircraft models have resulted in a shrinking operator base for these aircraft types. These factors along with the latest updates to airline fleet plans and recent efforts to remarket these aircraft resulted in the impairment charge. Approximately $1.0 billion of the $1.1 billion in the impairment charges recorded in the three months ended September 30, 2013, resulted from the four-engine widebody aircraft and in particular the Airbus A340-600s. This had no effect on AIG's consolidated financial condition, results of operations, or cash flows as a result of the loss on sale AIG recognized for the year ended December 31, 2012.
	ALICO
	In connection with the sale of American Life Insurance Company (ALICO) to MetLife, Inc. (MetLife), we recognized a pre-tax loss of $27 million and pre-tax gain of $118 million for the three- and nine-month periods ended September 30, 2013, respectively, primarily attributable to the refund of taxes, interest and penalties, together with other matters.

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2013
FAIR VALUE MEASUREMENTS	'
FAIR VALUE MEASUREMENTS	'
	5. FAIR VALUE MEASUREMENTS
	Fair Value Measurements on a Recurring Basis
	We carry certain of our financial instruments at fair value. We define the fair value of a financial instrument as the amount that would be received from the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. You should read the following in conjunction with Note 6 to the Consolidated Financial Statements in the 2012 Annual Report for a complete discussion of our accounting policies and procedures regarding fair value measurements.
	Assets and liabilities recorded at fair value in the Condensed Consolidated Balance Sheets are classified in accordance with a fair value hierarchy consisting of three "levels" based on the observability of inputs available in the marketplace used to measure the fair values as discussed below:
	•
	Level 1:  Fair value measurements based on quoted prices (unadjusted) in active markets that we have the ability to access for identical assets or liabilities. Market price data generally is obtained from exchange or dealer markets. We do not adjust the quoted price for such instruments.
	•
	Level 2:  Fair value measurements based on inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, and inputs other than quoted prices that are observable for the asset or liability, such as interest rates and yield curves that are observable at commonly quoted intervals.
	•
	Level 3:  Fair value measurements based on valuation techniques that use significant inputs that are unobservable. Both observable and unobservable inputs may be used to determine the fair values of positions classified in Level 3. The circumstances for using these measurements include those in which there is little, if any, market activity for the asset or liability. Therefore, we must make certain assumptions as to the inputs a hypothetical market participant would use to value that asset or liability. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In those cases, the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety.
	Assets and Liabilities Measured at Fair Value on a Recurring Basis
	The following table presents information about assets and liabilities measured at fair value on a recurring basis and indicates the level of the fair value measurement based on the observability of the inputs used:
	September 30, 2013		Level 1			Level 2			Level 3			Counterparty			Cash			Total
	(in millions)											Netting(a)			Collateral(b)
	Assets:
	Bonds available for sale:
	U.S. government and government sponsored entities		$	100		$	3,335		$	–		$	–		$	–		$	3,435
	Obligations of states, municipalities and political subdivisions			–			29,827			1,054			–			–			30,881
	Non-U.S. governments			424			22,589			21			–			–			23,034
	Corporate debt			–			142,726			1,442			–			–			144,168
	RMBS			–			22,390			14,086			–			–			36,476
	CMBS			–			5,896			5,616			–			–			11,512
	CDO/ABS			–			3,744			6,651			–			–			10,395
	Total bonds available for sale			524			230,507			28,870			–			–			259,901
	Bond trading securities:
	U.S. government and government sponsored entities			83			5,784			–			–			–			5,867
	Obligations of states, municipalities and political subdivisions			–			181			–			–			–			181
	Non-U.S. governments			–			2			–			–			–			2
	Corporate debt			–			1,147			–			–			–			1,147
	RMBS			–			1,363			815			–			–			2,178
	CMBS			–			623			831			–			–			1,454
	CDO/ABS			–			3,174			8,881			–			–			12,055
	Total bond trading securities			83			12,274			10,527			–			–			22,884
	Equity securities available for sale:
	Common stock			2,991			–			27			–			–			3,018
	Preferred stock			–			29			48			–			–			77
	Mutual funds			276			7			–			–			–			283
	Total equity securities available for sale			3,267			36			75			–			–			3,378
	Equity securities trading			721			86			–			–			–			807
	Mortgage and other loans receivable			–			–			–			–			–			–
	Other invested assets			5			2,318			5,748			–			–			8,071
	Derivative assets:
	Interest rate contracts			5			3,970			38			–			–			4,013
	Foreign exchange contracts			–			41			–			–			–			41
	Equity contracts			113			57			83			–			–			253
	Commodity contracts			–			–			1			–			–			1
	Credit contracts			–			1			55			–			–			56
	Other contracts			–			–			33			–			–			33
	Counterparty netting and cash collateral			–			–			–			(1,863	)		(811	)		(2,674	)
	Total derivative assets			118			4,069			210			(1,863	)		(811	)		1,723
	Short-term investments			339			5,034			–			–			–			5,373
	Separate account assets			62,944			3,015			–			–			–			65,959
	Other assets			–			486			–			–			–			486
	Total		$	68,001		$	257,825		$	45,430		$	(1,863	)	$	(811	)	$	368,582
	Liabilities:
	Policyholder contract deposits		$	–		$	–		$	387		$	–		$	–		$	387
	Derivative liabilities:
	Interest rate contracts			–			3,960			165			–			–			4,125
	Foreign exchange contracts			–			275			–			–			–			275
	Equity contracts			–			94			1			–			–			95
	Commodity contracts			–			4			–			–			–			4
	Credit contracts			–			–			1,561			–			–			1,561
	Other contracts			–			25			164			–			–			189
Counterparty netting and cash collateral			–			–			–			(1,863	)		(1,664	)		(3,527	)
Total derivative liabilities			–			4,358			1,891			(1,863	)		(1,664	)		2,722
Long-term debt			–			6,538			443			–			–			6,981
Other liabilities			73			693			–			–			–			766
Total		$	73		$	11,589		$	2,721		$	(1,863	)	$	(1,664	)	$	10,856
December 31, 2012		Level 1			Level 2			Level 3			Counterparty			Cash			Total
(in millions)											Netting(a)			Collateral(b)
Assets:
Bonds available for sale:
U.S. government and government sponsored entities		$	–		$	3,483		$	–		$	–		$	–		$	3,483
Obligations of states, municipalities and political subdivisions			–			34,681			1,024			–			–			35,705
Non-U.S. governments			1,004			25,782			14			–			–			26,800
Corporate debt			–			149,625			1,487			–			–			151,112
RMBS			–			22,730			11,662			–			–			34,392
CMBS			–			5,010			4,905			–			–			9,915
CDO/ABS			–			3,492			5,060			–			–			8,552
Total bonds available for sale			1,004			244,803			24,152			–			–			269,959
Bond trading securities:
U.S. government and government sponsored entities			266			6,528			–			–			–			6,794
Non-U.S. governments			–			2			–			–			–			2
Corporate debt			–			1,320			–			–			–			1,320
RMBS			–			1,331			396			–			–			1,727
CMBS			–			1,424			803			–			–			2,227
CDO/ABS			–			3,969			8,545			–			–			12,514
Total bond trading securities			266			14,574			9,744			–			–			24,584
Equity securities available for sale:
Common stock			3,002			3			24			–			–			3,029
Preferred stock			–			34			44			–			–			78
Mutual funds			83			22			–			–			–			105
Total equity securities available for sale			3,085			59			68			–			–			3,212
Equity securities trading			578			84			–			–			–			662
Mortgage and other loans receivable			–			134			–			–			–			134
Other invested assets			125			1,542			5,389			–			–			7,056
Derivative assets:
Interest rate contracts			2			5,521			956			–			–			6,479
Foreign exchange contracts			–			104			–			–			–			104
Equity contracts			104			63			54			–			–			221
Commodity contracts			–			144			1			–			–			145
Credit contracts			–			–			60			–			–			60
Other contracts			–			–			38			–			–			38
Counterparty netting and cash collateral			–			–			–			(2,467	)		(909	)		(3,376	)
Total derivative assets			106			5,832			1,109			(2,467	)		(909	)		3,671
Short-term investments			285			7,771			–			–			–			8,056
Separate account assets			54,430			2,907			–			–			–			57,337
Other assets			–			696			–			–			–			696
Total		$	59,879		$	278,402		$	40,462		$	(2,467	)	$	(909	)	$	375,367
Liabilities:
Policyholder contract deposits		$	–		$	–		$	1,257		$	–		$	–		$	1,257
Derivative liabilities:
Interest rate contracts			–			5,582			224			–			–			5,806
Foreign exchange contracts			–			174			–			–			–			174
Equity contracts			–			114			7			–			–			121
Commodity contracts			–			146			–			–			–			146
Credit contracts			–			–			2,051			–			–			2,051
Other contracts			–			6			200			–			–			206
Counterparty netting and cash collateral			–			–			–			(2,467	)		(1,976	)		(4,443	)
Total derivative liabilities			–			6,022			2,482			(2,467	)		(1,976	)		4,061
Long-term debt			–			7,711			344			–			–			8,055
Other liabilities			30			1,050			–			–			–			1,080
Total		$	30		$	14,783		$	4,083		$	(2,467	)	$	(1,976	)	$	14,453
(a)  Represents netting of derivative exposures covered by a qualifying master netting agreement.
(b)  Represents cash collateral posted and received. Securities collateral posted for derivative transactions that is reflected in Fixed maturity securities in the Condensed Consolidated Balance Sheets, and collateral received, not reflected in the Condensed Consolidated Balance Sheets, was $1.4 billion and $160 million, respectively, at September 30, 2013 and $1.9 billion and $299 million, respectively, at December 31, 2012.
Transfers of Level 1 and Level 2 Assets and Liabilities
Our policy is to record transfers of assets and liabilities between Level 1 and Level 2 at their fair values as of the end of each reporting period, consistent with the date of the determination of fair value. Assets are transferred out of Level 1 when they are no longer transacted with sufficient frequency and volume in an active market. Conversely, assets are transferred from Level 2 to Level 1 when transaction volume and frequency are indicative of an active market. During the three- and nine-month periods ended September 30, 2013, we transferred $174 million and $731 million of securities issued by Non-U.S. government entities from Level 1 to Level 2, respectively, as they are no longer considered actively traded. For similar reasons, during the three- and nine-month periods ended September 30, 2013, we transferred $263 million and $356 million, respectively, of securities issued by the U.S. government and U.S. government-sponsored entities from Level 1 to Level 2. We had no material transfers from Level 2 to Level 1 during the three- and nine-month periods ended September 30, 2013.
During the three- and nine-month periods ended September 30, 2012, we transferred $148 million and $284 million of investments in securities issued by Non-U.S. governments from Level 1 to Level 2, respectively, as they were no longer considered actively traded. We had no material transfers from Level 2 to Level 1 during the three- and nine-month periods ended September 30, 2012.
Changes in Level 3 Recurring Fair Value Measurements
The following tables present changes during the three- and nine-month periods ended September 30, 2013 and 2012 in Level 3 assets and liabilities measured at fair value on a recurring basis, and the realized and unrealized gains (losses) related to the Level 3 assets and liabilities in the Condensed Consolidated Balance Sheets at September 30, 2013 and 2012:
(in millions)		Fair Value			Net			Other			Purchases,			Gross			Gross			Fair Value			Changes in
		Beginning			Realized and			Comprehensive			Sales,			Transfers			Transfers			End			Unrealized Gains
		of Period(a)			Unrealized			Income (Loss)			Issues and			in			out			of Period			(Losses) Included
					Gains (Losses)						Settlements, Net												in Income on
					Included																		Instruments Held
					in Income																		at End of Period
Three Months Ended September 30, 2013
Assets:
Bonds available for sale:
Obligations of states, municipalities and political subdivisions		$	945		$	4		$	(28	)	$	160		$	–		$	(27	)	$	1,054		$	–
Non-U.S. governments			20			–			–			1			–			–			21			–
Corporate debt			1,634			(3	)		5			–			39			(233	)		1,442			–
RMBS			13,694			216			(60	)		127			167			(58	)		14,086			–
CMBS			5,455			4			55			102			–			–			5,616			–
CDO/ABS			6,142			37			(47	)		363			289			(133	)		6,651			–
Total bonds available for sale			27,890			258			(75	)		753			495			(451	)		28,870			–
Bond trading securities:
RMBS			782			14			–			(8	)		27			–			815			13
CMBS			820			33			–			(53	)		31			–			831			29
CDO/ABS			8,972			243			–			(557	)		223			–			8,881			217
Total bond trading securities			10,574			290			–			(618	)		281			–			10,527			259
Equity securities available for sale:
Common stock			76			–			(1	)		(48	)		–			–			27			–
Preferred stock			48			–			–			–			–			–			48			–
Total equity securities available for sale			124			–			(1	)		(48	)		–			–			75			–
Other invested assets			5,639			(25	)		78			55			1			–			5,748			–
Total		$	44,227		$	523		$	2		$	142		$	777		$	(451	)	$	45,220		$	259
Liabilities:
Policyholder contract deposits		$	(586	)	$	250		$	–		$	(51	)	$	–		$	–		$	(387	)	$	218
Derivative liabilities, net:
Interest rate contracts			779			6			–			(912	)		–			–			(127	)		3
Equity contracts			70			12			–			(1	)		1			–			82			10
Commodity contracts			1			–			–			–			–			–			1			–
Credit contracts			(1,594	)		52			–			36			–			–			(1,506	)		91
Other contracts			(105	)		16			(25	)		(16	)		(1	)		–			(131	)		8
Total derivative liabilities, net			(849	)		86			(25	)		(893	)		–			–			(1,681	)		112
Long-term debt(b)			(419	)		(25	)		–			1			–			–			(443	)		(19	)
Total		$	(1,854	)	$	311		$	(25	)	$	(943	)	$	–		$	–		$	(2,511	)	$	311
(in millions)		Fair Value			Net			Other			Purchases,			Gross			Gross			Fair Value			Changes in
		Beginning			Realized and			Comprehensive			Sales,			Transfers			Transfers			End			Unrealized Gains
		of Period(a)			Unrealized			Income (Loss)			Issues and			in			out			of Period			(Losses) Included
					Gains (Losses)						Settlements, Net												in Income on
					Included																		Instruments Held
					in Income																		at End of Period
Nine Months Ended September 30, 2013
Assets:
Bonds available for sale:
Obligations of states, municipalities and political subdivisions		$	1,024		$	29		$	(178	)	$	365		$	–		$	(186	)	$	1,054		$	–
Non-U.S. governments			14			–			–			7			1			(1	)		21			–
Corporate debt			1,487			(7	)		(9	)		30			371			(430	)		1,442			–
RMBS			11,662			624			279			1,393			186			(58	)		14,086			–
CMBS			5,124			15			75			290			161			(49	)		5,616			–
CDO/ABS			4,841			134			(47	)		1,383			668			(328	)		6,651			–
Total bonds available for sale			24,152			795			120			3,468			1,387			(1,052	)		28,870			–
Bond trading securities:
RMBS			396			24			–			130			265			–			815			(27	)
CMBS			812			44			–			(193	)		282			(114	)		831			(13	)
CDO/ABS			8,536			1,096			–			(1,566	)		843			(28	)		8,881			434
Total bond trading securities			9,744			1,164			–			(1,629	)		1,390			(142	)		10,527			394
Equity securities available for sale:
Common stock			24			–			4			(1	)		–			–			27			–
Preferred stock			44			–			4			–			–			–			48			–
Total equity securities available for sale			68			–			8			(1	)		–			–			75			–
Other invested assets			5,389			144			88			95			345			(313	)		5,748			–
Total		$	39,353		$	2,103		$	216		$	1,933		$	3,122		$	(1,507	)	$	45,220		$	394
Liabilities:
Policyholder contract deposits		$	(1,257	)	$	865		$	–		$	5		$	–		$	–		$	(387	)	$	825
Derivative liabilities, net:
Interest rate contracts			732			20			–			(879	)		–			–			(127	)		33
Equity contracts			47			49			–			(14	)		–			–			82			40
Commodity contracts			1			–			–			(1	)		–			1			1			(1	)
Credit contracts			(1,991	)		365			–			120			–			–			(1,506	)		486
Other contracts			(162	)		35			(16	)		13			(1	)		–			(131	)		8
Total derivative liabilities, net			(1,373	)		469			(16	)		(761	)		(1	)		1			(1,681	)		566
Long-term debt(b)			(344	)		(120	)		–			23			(2	)		–			(443	)		(41	)
Total		$	(2,974	)	$	1,214		$	(16	)	$	(733	)	$	(3	)	$	1		$	(2,511	)	$	1,350
(in millions)		Fair value			Net			Other			Purchases,			Gross			Gross			Fair value			Changes in
		Beginning			Realized and			Comprehensive			Sales,			Transfers			Transfers			End			Unrealized Gains
		of Period(a)			Unrealized			Income (Loss)			Issues and			In			Out			of Period			(Losses) Included
					Gains (Losses)						Settlements, Net												in Income on
					Included																		Instruments Held
					in Income																		at End of Period
Three Months Ended September 30, 2012
Assets:
Bonds available for sale:
Obligations of states, municipalities
and political subdivisions		$	1,013		$	16		$	–		$	102		$	25		$	(52	)	$	1,104		$	–
Non-U.S. governments			13			1			(1	)		2			–			(1	)		14			–
Corporate debt			1,306			10			35			94			233			(66	)		1,612			–
RMBS			10,488			197			1,029			(678	)		566			(114	)		11,488			–
CMBS			4,643			(17	)		271			115			1			–			5,013			–
CDO/ABS			5,074			87			82			(129	)		63			(528	)		4,649			–
Total bonds available for sale			22,537			294			1,416			(494	)		888			(761	)		23,880			–
Bond trading securities:
Corporate debt			3			–			–			(1	)		–			–			2			–
RMBS			290			40			–			(56	)		97			(1	)		370			12
CMBS			457			(3	)		–			1			157			–			612			(19	)
CDO/ABS			14,647			581			–			(6,780	)		57			–			8,505			427
Total bond trading securities			15,397			618			–			(6,836	)		311			(1	)		9,489			420
Equity securities available for sale:
Common stock			41			–			(1	)		–			–			–			40			–
Preferred stock			139			15			(12	)		(104	)		8			(1	)		45			–
Total equity securities available for sale			180			15			(13	)		(104	)		8			(1	)		85			–
Mortgage and other loans receivable			1			–			–			–			–			–			1			–
Other invested assets			7,049			22			8			(90	)		126			(45	)		7,070			–
Total		$	45,164		$	949		$	1,411		$	(7,524	)	$	1,333		$	(808	)	$	40,525		$	420
Liabilities:
Policyholder contract deposits		$	(1,188	)	$	(45	)	$	(72	)	$	(3	)	$	–		$	–		$	(1,308	)	$	(100	)
Derivative liabilities, net:
Interest rate contracts			761			(55	)		–			47			–			–			753			(7	)
Equity contracts			28			18			–			(4	)		1			–			43			–
Commodity contracts			2			4			–			(3	)		–			(2	)		1			–
Credit contracts			(2,587	)		208			–			89			–			–			(2,290	)		238
Other contracts			(154	)		(122	)		(6	)		73			16			–			(193	)		(17	)
Total derivatives liabilities, net			(1,950	)		53			(6	)		202			17			(2	)		(1,686	)		214
Long-term debt(b)			(407	)		(27	)		–			61			(34	)		–			(407	)		(25	)
Total		$	(3,545	)	$	(19	)	$	(78	)	$	260		$	(17	)	$	(2	)	$	(3,401	)	$	89
(in millions)		Fair value			Net			Other			Purchases,			Gross			Gross			Fair value			Changes in
		Beginning			Realized and			Comprehensive			Sales,			Transfers			Transfers			End			Unrealized Gains
		of Period(a)			Unrealized			Income (Loss)			Issues and			In			Out			of Period			(Losses) Included
					Gains (Losses)						Settlements, Net												in Income on
					Included																		Instruments Held
					in Income																		at End of Period
Nine Months Ended September 30, 2012
Assets:
Bonds available for sale:
Obligations of states, municipalities
and political subdivisions		$	960		$	48		$	11		$	139		$	70		$	(124	)	$	1,104		$	–
Non-U.S. governments			9			1			–			–			5			(1	)		14			–
Corporate debt			1,935			(7	)		104			96			579			(1,095	)		1,612			–
RMBS			10,877			322			1,832			32			921			(2,496	)		11,488			–
CMBS			3,955			(84	)		572			618			44			(92	)		5,013			–
CDO/ABS			4,220			127			348			(150	)		669			(565	)		4,649			–
Total bonds available for sale			21,956			407			2,867			735			2,288			(4,373	)		23,880			–
Bond trading securities:
Corporate debt			7			–			–			(5	)		–			–			2			–
RMBS			303			68			–			(94	)		97			(4	)		370			18
CMBS			554			46			–			(121	)		193			(60	)		612			45
CDO/ABS			8,432			3,646			–			(3,630	)		57			–			8,505			2,635
Total bond trading securities			9,296			3,760			–			(3,850	)		347			(64	)		9,489			2,698
Equity securities available for sale:
Common stock			57			23			(13	)		(33	)		6			–			40			–
Preferred stock			99			17			(35	)		(35	)		11			(12	)		45			–
Total equity securities available for sale			156			40			(48	)		(68	)		17			(12	)		85			–
Mortgage and other loans receivable			1			–			–			–			–			–			1			–
Other invested assets			6,618			(157	)		284			(57	)		886			(504	)		7,070			–
Total		$	38,027		$	4,050		$	3,103		$	(3,240	)	$	3,538		$	(4,953	)	$	40,525		$	2,698
Liabilities:
Policyholder contract deposits		$	(918	)	$	(314	)	$	(72	)	$	(4	)	$	–		$	–		$	(1,308	)	$	(325	)
Derivative liabilities, net:
Interest rate contracts			785			(9	)		–			(23	)		–			–			753			12
Foreign exchange contracts			2			–			–			(2	)		–			–			–			–
Equity contracts			28			7			–			9			(1	)		–			43			–
Commodity contracts			2			4			–			(5	)		–			–			1			–
Credit contracts			(3,273	)		409			–			574			–			–			(2,290	)		876
Other contracts			33			(110	)		(4	)		(5	)		(107	)		–			(193	)		(29	)
Total derivatives liabilities, net			(2,423	)		301			(4	)		548			(108	)		–			(1,686	)		859
Long-term debt(b)			(508	)		(405	)		(77	)		197			(34	)		420			(407	)		(223	)
Total		$	(3,849	)	$	(418	)	$	(153	)	$	741		$	(142	)	$	420		$	(3,401	)	$	311
(a)  Total Level 3 derivative exposures have been netted in these tables for presentation purposes only.
(b)  Includes guaranteed investment agreements (GIAs), notes, bonds, loans and mortgages payable.
Net realized and unrealized gains and losses related to Level 3 items shown above are reported in the Condensed Consolidated Statements of Income as follows:
(in millions)		Net			Net Realized			Other			Total
		Investment			Capital			Income
		Income			Gains (Losses)
Three Months Ended September 30, 2013
Bonds available for sale		$	264		$	(21	)	$	15		$	258
Bond trading securities			86			7			197			290
Equity securities available for sale			–			–			–			–
Other invested assets			(12	)		(5	)		(8	)		(25	)
Policyholder contract deposits			–			250			–			250
Derivative liabilities, net			11			8			67			86
Long-term debt			–			–			(25	)		(25	)
Three Months Ended September 30, 2012
Bonds available for sale		$	218		$	51		$	25		$	294
Bond trading securities			491			–			127			618
Equity securities available for sale			–			15			–			15
Other invested assets			6			(16	)		32			22
Policyholder contract deposits			–			(45	)		–			(45	)
Derivative liabilities, net			–			(39	)		92			53
Long-term debt			–			–			(27	)		(27	)
Nine Months Ended September 30, 2013
Bonds available for sale		$	713		$	(8	)	$	90		$	795
Bond trading securities			114			8			1,042			1,164
Equity securities available for sale			–			–			–			–
Other invested assets			142			(34	)		36			144
Policyholder contract deposits			–			865			–			865
Derivative liabilities, net			26			25			418			469
Long-term debt			–			–			(120	)		(120	)
Nine Months Ended September 30, 2012
Bonds available for sale		$	683		$	(333	)	$	57		$	407
Bond trading securities			3,330			–			430			3,760
Equity securities available for sale			–			40			–			40
Other invested assets			(3	)		(189	)		35			(157	)
Policyholder contract deposits			–			(314	)		–			(314	)
Derivative liabilities, net			(1	)		22			280			301
Long-term debt			–			–			(405	)		(405	)
The following tables present the gross components of purchases, sales, issues and settlements, net, shown above:
(in millions)		Purchases			Sales			Settlements			Purchases,
											Sales, Issues and
											Settlements, Net(a)
Three Months Ended September 30, 2013
Assets:
Bonds available for sale:
Obligations of states, municipalities and political subdivisions		$	194		$	(34	)	$	–		$	160
Non-U.S. governments			1			–			–			1
Corporate debt			146			–			(146	)		–
RMBS			750			–			(623	)		127
CMBS			179			(3	)		(74	)		102
CDO/ABS			628			–			(265	)		363
Total bonds available for sale			1,898			(37	)		(1,108	)		753
Bond trading securities:
RMBS			31			(12	)		(27	)		(8	)
CMBS			–			(9	)		(44	)		(53	)
CDO/ABS			–			(66	)		(491	)		(557	)
Total bond trading securities			31			(87	)		(562	)		(618	)
Equity securities available for sale			–			–			(48	)		(48	)
Other invested assets			249			(3	)		(191	)		55
Total assets		$	2,178		$	(127	)	$	(1,909	)	$	142
Liabilities:
Policyholder contract deposits		$	–		$	(4	)	$	(47	)	$	(51	)
Derivative liabilities, net			4			–			(897	)		(893	)
Long-term debt(b)			–			–			1			1
Total liabilities		$	4		$	(4	)	$	(943	)	$	(943	)
Three Months Ended September 30, 2012
Assets:
Bonds available for sale:
Obligations of states, municipalities and political subdivisions		$	189		$	(53	)	$	(34	)	$	102
Non-U.S. governments			3			–			(1	)		2
Corporate debt			139			(6	)		(39	)		94
RMBS			198			(360	)		(516	)		(678	)
CMBS			299			(127	)		(57	)		115
CDO/ABS			210			–			(339	)		(129	)
Total bonds available for sale			1,038			(546	)		(986	)		(494	)
Bond trading securities:
Corporate debt			–			–			(1	)		(1	)
RMBS			–			(45	)		(11	)		(56	)
CMBS			11			–			(10	)		1
CDO/ABS			2,191			(6	)		(8,965	)		(6,780	)
Total bond trading securities			2,202			(51	)		(8,987	)		(6,836	)
Equity securities available for sale			–			(22	)		(82	)		(104	)
Other invested assets			129			(30	)		(189	)		(90	)
Total assets		$	3,369		$	(649	)	$	(10,244	)	$	(7,524	)
Liabilities:
Policyholder contract deposits		$	–		$	(6	)	$	3		$	(3	)
Derivative liabilities, net			6			–			196			202
Long-term debt(b)			–			–			61			61
Total liabilities		$	6		$	(6	)	$	260		$	260
(in millions)		Purchases			Sales			Settlements			Purchases,
											Sales, Issues and
											Settlements, Net(a)
Nine Months Ended September 30, 2013
Assets:
Bonds available for sale:
Obligations of states, municipalities and political subdivisions		$	502		$	(137	)	$	–		$	365
Non-U.S. governments			9			–			(2	)		7
Corporate debt			454			(114	)		(310	)		30
RMBS			3,462			(231	)		(1,838	)		1,393
CMBS			872			(167	)		(415	)		290
CDO/ABS			2,099			(159	)		(557	)		1,383
Total bonds available for sale			7,398			(808	)		(3,122	)		3,468
Bond trading securities:
RMBS			244			(12	)		(102	)		130
CMBS			19			(67	)		(145	)		(193	)
CDO/ABS			318			(66	)		(1,818	)		(1,566	)
Total bond trading securities			581			(145	)		(2,065	)		(1,629	)
Equity securities available for sale			58			(11	)		(48	)		(1	)
Other invested assets			697			(49	)		(553	)		95
Total assets		$	8,734		$	(1,013	)	$	(5,788	)	$	1,933
Liabilities:
Policyholder contract deposits		$	–		$	(16	)	$	21		$	5
Derivative liabilities, net			9			(1	)		(769	)		(761	)
Long-term debt(b)			–			–			23			23
Total liabilities		$	9		$	(17	)	$	(725	)	$	(733	)
Nine Months Ended September 30, 2012
Assets:
Bonds available for sale:
Obligations of states, municipalities and political subdivisions		$	394		$	(219	)	$	(36	)	$	139
Non-U.S. governments			4			(3	)		(1	)		–
Corporate debt			280			(59	)		(125	)		96
RMBS			2,308			(722	)		(1,554	)		32
CMBS			1,021			(260	)		(143	)		618
CDO/ABS			730			(4	)		(876	)		(150	)
Total bonds available for sale			4,737			(1,267	)		(2,735	)		735
Bond trading securities:
Corporate debt			–			–			(5	)		(5	)
RMBS			–			(45	)		(49	)		(94	)
CMBS			194			(106	)		(209	)		(121	)
CDO/ABS			7,216			(6	)		(10,840	)		(3,630	)
Total bond trading securities			7,410			(157	)		(11,103	)		(3,850	)
Equity securities available for sale			67			(55	)		(80	)		(68	)
Other invested assets			529			(63	)		(523	)		(57	)
Total assets		$	12,743		$	(1,542	)	$	(14,441	)	$	(3,240	)
Liabilities:
Policyholder contract deposits		$	–		$	(20	)	$	16		$	(4	)
Derivative liabilities, net			8			–			540			548
Long-term debt(b)			–			–			197			197
Total liabilities		$	8		$	(20	)	$	753		$	741
(a)  There were no issuances during the three- and nine-month periods ended September 30, 2013 and 2012.
(b)  Includes GIAs, notes, bonds, loans and mortgages payable.
Both observable and unobservable inputs may be used to determine the fair values of positions classified in Level 3 in the tables above. As a result, the unrealized gains (losses) on instruments held at September 30, 2013 and 2012 may include changes in fair value that were attributable to both observable (e.g., changes in market interest rates) and unobservable inputs (e.g., changes in unobservable long-dated volatilities).
Transfers of Level 3 Assets and Liabilities
We record transfers of assets and liabilities into or out of Level 3 at their fair values as of the end of each reporting period, consistent with the date of the determination of fair value. As a result, the Net realized and unrealized gains (losses) included in income or other comprehensive income as shown in the table above excludes $43 million of net gains and $12 million of net losses related to assets and liabilities transferred into Level 3 during the three- and nine-month periods ended September 30, 2013, respectively, and includes $18 million and $30 million of net gains related to assets and liabilities transferred out of Level 3 during the three- and nine-month periods ended September 30, 2013, respectively.
Transfers of Level 3 Assets
During the three- and nine-month periods ended September 30, 2013, transfers into Level 3 assets included certain investments in private placement corporate debt, residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), collateralized debt obligations (CDO)/asset-backed securities (ABS), and investments in hedge funds and private equity funds.
•
The transfers of investments in RMBS, CMBS and CDO and certain ABS into Level 3 assets were due to decreases in market transparency and liquidity for individual security types.
•
Transfers of private placement corporate debt and certain ABS into Level 3 assets were primarily the result of limited market pricing information that required us to determine fair value for these securities based on inputs that are adjusted to better reflect our own assumptions regarding the characteristics of a specific security or associated market liquidity.
•
Certain investments in hedge funds were transferred into Level 3 as a result of limited market activity due to fund-imposed redemption restrictions.
•
Certain private equity fund investments were transferred into Level 3 due to these investments being carried at fair value and no longer being accounted for using the equity method of accounting, consistent with the changes in our ownership and the lack of ability to exercise more than minor influence over the respective investments.
Assets are transferred out of Level 3 when circumstances change such that significant inputs can be corroborated with market observable data. This may be due to a significant increase in market activity for the asset, a specific event, one or more significant input(s) becoming observable or a long-term interest rate significant to a valuation becoming short-term and thus observable. In addition, transfers out of Level 3 assets also occur when investments are no longer carried at fair value as the result of a change in the applicable accounting methodology, given changes in the nature and extent of our ownership interest.
During the three- and nine-month periods ended September 30, 2013, transfers out of Level 3 assets primarily related to certain investments in municipal securities, private placement corporate debt, CMBS, CDO/ABS and investments in hedge funds.
•
Transfers of certain investments in municipal securities, CMBS and CDO/ABS out of Level 3 assets were based on consideration of market liquidity as well as related transparency of pricing and associated observable inputs for these investments.
•
Transfers of private placement corporate debt and certain ABS out of Level 3 assets were primarily the result of using observable pricing information that reflects the fair value of those securities without the need for adjustment based on our own assumptions regarding the characteristics of a specific security or the current liquidity in the market.
•
The removal or easing of fund-imposed redemption restrictions resulted in the transfer of certain hedge fund investments out of Level 3 assets.
Transfers of Level 3 Liabilities
There were no significant transfers of derivative or other liabilities into or out of Level 3 for the three- and nine-month periods ended September 30, 2013.
We use various hedging techniques to manage risks associated with certain positions, including those classified within Level 3. Such techniques may include the purchase or sale of financial instruments that are classified within Level 1 and/or Level 2. As a result, the realized and unrealized gains (losses) for assets and liabilities classified within Level 3 presented in the table above do not reflect the related realized or unrealized gains (losses) on hedging instruments that are classified within Level 1 and/or Level 2.
Quantitative Information About Level 3 Fair Value Measurements
The table below presents information about the significant unobservable inputs used for recurring fair value measurements for certain Level 3 instruments, and includes only those instruments for which information about the inputs is reasonably available to us, such as data from pricing vendors and from internal valuation models. Because input information with respect to certain Level 3 instruments may not be reasonably available to us, balances shown below may not equal total amounts reported for such Level 3 assets and liabilities:
(in millions)		Fair Value at			Valuation		Unobservable Input(a)		Range
		September 30,			Technique				(Weighted Average)(a)
		2013
Assets:
Corporate debt		$	1,082		Discounted cash flow		Yield(b)		4.20% – 10.58% (7.39%)
RMBS			13,752		Discounted cash flow		Constant prepayment rate(c)		0.00% – 9.94% (4.59%)
							Loss severity(c)		42.05% – 79.27% (60.66%)
							Constant default rate(c)		3.91% – 12.51% (8.21%)
							Yield(c)		2.80% – 7.74% (5.27%)
Certain CDO/ABS			5,421		Discounted cash flow		Constant prepayment rate(c)		5.30% – 13.10% (9.30%)
							Loss severity(c)		43.00% – 64.80% (54.00%)
							Constant default rate(c)		3.40% – 15.70% (8.50%)
							Yield(c)		5.40% – 12.00% (9.80%)
CMBS			6,244		Discounted cash flow		Yield(b)		0.00% – 14.10% (5.63%)
CDO/ABS — Direct					Binomial Expansion		Recovery rate(b)		5.00% – 63.00% (24.00%)
Investment Book			559		Technique (BET)		Diversity score(b)		5 – 36 (13)
							Weighted average life(b)		1.00 – 9.47 years (4.91 years)
Liabilities:
Policyholder contract deposits — GMWB			387		Discounted cash flow		Equity implied volatility(b)		6.00% – 39.00%
							Base lapse rate(b)		1.00% – 40.00%
							Dynamic lapse rate(b)		0.20% – 60.00%
							Mortality rate(b)		0.50% – 40.00%
							Utilization rate(b)		0.50% – 25.00%
Derivative Liabilities — Credit contracts			1,123		BET		Recovery rate(b)		5.00% – 34.00% (17.00%)
							Diversity score(b)		9 – 36 (13)
							Weighted average life(b)		4.68 – 9.47 years (5.76 years)
(in millions)		Fair Value at			Valuation		Unobservable Input(a)		Range
		December 31,			Technique				(Weighted Average)(a)
		2012
Assets:
Corporate debt		$	775		Discounted cash flow		Yield(b)		0.08% – 6.55% (3.31%)
RMBS			10,650		Discounted cash flow		Constant prepayment rate(c)		0.00% – 10.76% (5.03%)
							Loss severity(c)		43.70% – 78.72% (61.21%)
							Constant default rate(c)		4.21% – 13.30% (8.75%)
							Yield(c)		2.23% – 9.42% (5.82%)
Certain CDO/ABS(d)			7,844		Discounted cash flow		Constant prepayment rate(c)		0.00% – 32.25% (11.82%)
							Loss severity(c)		0.00% – 29.38% (6.36%)
							Constant default rate(c)		0.00% – 4.05% (1.18%)
							Yield(c)		5.41% – 10.67% (8.04%)
CMBS			3,251		Discounted cash flow		Yield(b)		0.00% – 19.95% (7.76%)
CDO/ABS — Direct					Binomial Expansion		Recovery rate(b)		3.00% – 63.00% (27.00%)
Investment Book			1,205		Technique (BET)		Diversity score(b)		4 – 44 (13)
							Weighted average life(b)		1.27 – 9.11 years (4.91 years)
Liabilities:
Policyholder contract deposits — GMWB			1,257		Discounted cash flow		Equity implied volatility(b)		6.00% – 39.00%
							Base lapse rate(b)		1.00% – 40.00%
							Dynamic lapse rate(b)		0.20% – 60.00%
							Mortality rate(b)		0.50% – 40.00%
							Utilization rate(b)		0.50% – 25.00%
Derivative Liabilities — Credit contracts			1,436		BET		Recovery rate(b)		3.00% – 37.00% (17.00%)
							Diversity score(b)		9 – 38 (14)
							Weighted average life(b)		5.10 – 8.45 years (5.75 years)
(a)  The unobservable inputs and ranges for the constant prepayment rate, loss severity and constant default rate relate to each of the individual underlying mortgage loans that comprise the entire portfolio of securities in the RMBS and CDO securitization vehicles and not necessarily to the securitization vehicle bonds (tranches) purchased by us. The ranges of these inputs do not directly correlate to changes in the fair values of the tranches purchased by us because there are other factors relevant to the specific tranches owned by us including, but not limited to, purchase price, position in the waterfall, senior versus subordinated position and attachment points.
(b)  Represents discount rates, estimates and assumptions that we believe would be used by market participants when valuing these assets and liabilities.
(c)  Information received from independent third-party valuation service providers.
(d)  Yield was the only input available for $6.6 billion of total fair value at December 31, 2012.
The ranges of reported inputs for Corporate debt, RMBS, CDO/ABS, and CMBS valued using a discounted cash flow technique consist of plus/minus one standard deviation in either direction from the value-weighted average. The preceding table does not give effect to our risk management practices that might offset risks inherent in these investments.
Sensitivity to Changes in Unobservable Inputs
We consider unobservable inputs to be those for which market data is not available and that are developed using the best information available to us about the assumptions that market participants would use when pricing the asset or liability. Relevant inputs vary depending on the nature of the instrument being measured at fair value. The following is a general description of sensitivities of significant unobservable inputs along with interrelationships between and among the significant unobservable inputs and their impact on the fair value measurements. The effect of a change in a particular assumption in the sensitivity analysis below is considered independently of changes in any other assumptions. In practice, simultaneous changes in assumptions may not always have a linear effect on the inputs. Interrelationships may also exist between observable and unobservable inputs. Such relationships have not been included in the discussion below. For each of the individual relationships described below, the inverse relationship would also generally apply.
Corporate Debt
Corporate debt securities included in Level 3 are primarily private placement issuances that are not traded in active markets or that are subject to transfer restrictions. Fair value measurements consider illiquidity and non-transferability. When observable price quotations are not available, fair value is determined based on discounted cash flow models using discount rates based on credit spreads, yields or price levels of publicly-traded debt of the issuer or other comparable securities, considering illiquidity and structure. The significant unobservable input used in the fair value measurement of corporate debt is the yield. The yield is affected by the market movements in credit spreads and U.S. Treasury yields. In addition, the migration in credit quality of a given security generally has a corresponding effect on the fair value measurement of the securities. For example, a downward migration of credit quality would increase spreads. Holding U.S. Treasury rates constant, an increase in corporate credit spreads would decrease the fair value of corporate debt.
RMBS and Certain CDO/ABS
The significant unobservable inputs used in fair value measurements of RMBS and certain CDO/ABS valued by third-party valuation service providers are constant prepayment rates (CPR), loss severity, constant default rates (CDR), and yield. A change in the assumptions used for the probability of default will generally be accompanied by a corresponding change in the assumption used for the loss severity and an inverse change in the assumption used for prepayment rates. In general, increases in CPR, loss severity, CDR, and yield, in isolation, would result in a decrease in the fair value measurement. Changes in fair value based on variations in assumptions generally cannot be extrapolated because the relationship between the directional change of each input is not usually linear.
CMBS
The significant unobservable input used in fair value measurements for CMBS is the yield. Prepayment assumptions for each mortgage pool are factored into the yield. CMBS generally feature a lower degree of prepayment risk than RMBS because commercial mortgages generally contain a penalty for prepayment. In general, increases in the yield would decrease the fair value of CMBS.
CDO/ABS — Direct Investment book
The significant unobservable inputs used for certain CDO/ABS securities valued using the BET are recovery rates, diversity score, and the weighted average life of the portfolio. An increase in recovery rates and diversity score will have a directionally similar corresponding impact on the fair value of the portfolio. An increase in the weighted average life will decrease the fair value.
Policyholder contract deposits
The significant unobservable inputs used for embedded derivatives in policyholder contract deposits measured at fair value, mainly guaranteed minimum withdrawal benefits (GMWB) for variable annuity products, are equity implied volatility, base and dynamic lapse rates, mortality rates and utilization rates. Lapse, mortality, and utilization rates may vary significantly depending upon age groups and duration. In general, increases in volatility and utilization rates will increase the fair value of the liability associated with GMWB, while increases in lapse rates and mortality rates will decrease the fair value of the liability.
Derivative liabilities — credit contracts
The significant unobservable inputs used for Derivatives liabilities — credit contracts are recovery rates, diversity scores, and the weighted average life of the portfolio. Our non-performance risk is also considered in the measurement of those liabilities. See Note 6 to the Consolidated Financial Statements in the 2012 Annual Report for a discussion of our accounting policies and procedures regarding incorporation of our credit risk in fair value measurements.
An increase in recovery rates and diversity score will decrease the fair value of the liability. An increase in the weighted average life will increase the fair value measurement of the liability.
Investments in Certain Entities Carried at Fair Value Using Net Asset Value Per Share
The following table includes information related to our investments in certain other invested assets, including private equity funds, hedge funds and other alternative investments that calculate net asset value per share (or its equivalent). For these investments, which are measured at fair value on a recurring basis, we use the net asset value per share as a practical expedient to measure fair value.
					September 30, 2013						December 31, 2012
	(in millions)		Investment Category Includes		Fair Value			Unfunded			Fair Value			Unfunded
					Using Net			Commitments			Using Net			Commitments
					Asset Value						Asset Value
					Per Share (or						Per Share (or
					its equivalent)						its equivalent)
	Investment Category
	Private equity funds:
	Leveraged buyout		Debt and/or equity investments made as part of a transaction in which assets of mature companies are acquired from the current shareholders, typically with the use of financial leverage		$	2,654		$	605		$	2,529		$	669
	Real Estate / Infrastructure		Investments in real estate properties and infrastructure positions, including power plants and other energy generating facilities			337			74			251			52
	Venture capital		Early-stage, high-potential, growth companies expected to generate a return through an eventual realization event, such as an initial public offering or sale of the company			141			13			157			16
	Distressed		Securities of companies that are already in default, under bankruptcy protection, or troubled			190			39			184			36
	Other		Includes multi-strategy and mezzanine strategies			134			229			112			100
	Total private equity funds					3,456			960			3,233			873
	Hedge funds:
	Event-driven		Securities of companies undergoing material structural changes, including mergers, acquisitions and other reorganizations			937			2			788			2
	Long-short		Securities that the manager believes are undervalued, with corresponding short positions to hedge market risk			1,548			–			1,318			–
	Macro		Investments that take long and short positions in financial instruments based on a top-down view of certain economic and capital market conditions			515			–			320			–
	Distressed		Securities of companies that are already in default, under bankruptcy protection or troubled			525			18			316			–
	Emerging markets		Investments in the financial markets of developing countries			245			–			–			–
	Other		Includes multi-strategy and relative value strategies			86			–			66			–
	Total hedge funds					3,856			20			2,808			2
	Total				$	7,312		$	980		$	6,041		$	875
Private equity fund investments included above are not redeemable, as distributions from the funds will be received when underlying investments of the funds are liquidated. Private equity funds are generally expected to have 10-year lives at their inception, but these lives may be extended at the fund manager's discretion, typically in one or two-year increments. At September 30, 2013, assuming average original expected lives of 10 years for the funds, 64 percent of the total fair value using net asset value per share (or its equivalent) presented above would have expected remaining lives of less than three years, 33 percent between three and seven years and 3 percent between seven and 10 years.
Generally, the hedge fund investments included above are redeemable monthly (13 percent), quarterly (44 percent), semi-annually (22 percent) and annually (21 percent), with redemption notices ranging from one day to 180 days. At September 30, 2013, however, investments representing approximately 71 percent of the total fair value of the hedge fund investments cannot be currently redeemed, either in whole or in part, because the investments include various contractual restrictions. The majority of these contractual restrictions, which may have been put in place at a fund's inception or thereafter, have pre-defined end dates and are generally expected to be lifted by the end of 2015. The restrictions that do not have stated end dates were primarily put in place prior to 2009. The fund investments for which redemption is restricted only in part generally relate to certain hedge funds that hold at least one investment that the fund manager deems to be illiquid.
Fair Value Option
The following table presents the gains or losses recorded related to the eligible instruments for which we elected the fair value option:
		Gain (Loss) Three Months						Gain (Loss) Nine Months
		Ended September 30,						Ended September 30,
(in millions)		2013			2012			2013			2012
Assets:
Mortgage and other loans receivable		$	1		$	10		$	3		$	41
Bonds and equity securities			331			875			963			1,782
Trading — ML II interest			–			–			–			246
Trading — ML III interest			–			330			–			2,888
Retained interest in AIA			–			527			–			1,829
Alternative Investments(a)			23			11			229			11
Other, including Short-term investments			3			3			8			16
Liabilities:
Long-term debt(b)			(51	)		(86	)		271			(750	)
Other liabilities			(4	)		(9	)		(10	)		(31	)
Total gain (loss)(c)		$	303		$	1,661		$	1,464		$	6,032
(a)  Includes hedge funds, private equity funds, affordable housing partnerships and other investment partnerships.
(b)  Includes GIAs, notes, bonds, loans and mortgages payable.
(c)  Excludes discontinued operations.
See Notes 6 and 7 to the Consolidated Financial Statements in the 2012 Annual Report for additional information about our policies for electing the fair value option and for recognizing, measuring, and disclosing interest and dividend income and interest expense.
We recognized losses of $22 million and $37 million during the three- and nine-month periods ended September 30, 2013, respectively, and losses of $126 million and $621 million during the three- and nine-month periods ended September 30, 2012, respectively, attributable to the observable effect of changes in credit spreads on our own liabilities for which the fair value option was elected. We calculate the effect of these credit spread changes using discounted cash flow techniques that incorporate current market interest rates, our observable credit spreads on these liabilities and other factors that mitigate the risk of nonperformance such as cash collateral posted.
The following table presents the difference between fair values and the aggregate contractual principal amounts of mortgage and other loans receivable and long-term debt for which the fair value option was elected:
		September 30, 2013									December 31, 2012
(in millions)		Fair Value			Outstanding			Difference			Fair Value			Outstanding			Difference
					Principal Amount									Principal Amount
Assets:
Mortgage and other loans receivable		$	–		$	–		$	–		$	134		$	141		$	(7	)
Liabilities:
Long-term debt*		$	6,981		$	5,374		$	1,607		$	8,055		$	5,705		$	2,350
*     Includes GIAs, notes, bonds, loans and mortgages payable.
There were no mortgage or other loans receivable for which the fair value option was elected that were 90 days or more past due or in non-accrual status at September 30, 2013 and December 31, 2012.
FAIR VALUE MEASUREMENTS ON A NON-RECURRING BASIS
The following table presents assets measured at fair value on a non-recurring basis at the time of impairment and the related impairment charges recorded during the periods presented:
														Impairment Charges
		Assets at Fair Value
														Three Months Ended						Nine Months Ended
		Non-Recurring Basis												September 30,						September 30,
(in millions)		Level 1			Level 2			Level 3			Total			2013			2012			2013			2012
September 30, 2013
Alternative investments		$	–		$	–		$	1,798		$	1,798		$	66		$	97		$	225		$	273
Other assets			–			10			31			41			2			–			26			9
Total		$	–		$	10		$	1,829		$	1,839		$	68		$	97		$	251		$	282
December 31, 2012
Alternative investments		$	–		$	–		$	2,062		$	2,062
Other assets			–			3			18			21
Total		$	–		$	3		$	2,080		$	2,083
FAIR VALUE INFORMATION ABOUT FINANCIAL INSTRUMENTS NOT MEASURED AT FAIR VALUE
The following table presents the carrying value and estimated fair value of our financial instruments not measured at fair value and indicates the level in the fair value hierarchy of the estimated fair value measurement based on the observability of the inputs used:
		Estimated Fair Value												Carrying
(in millions)		Level 1			Level 2			Level 3			Total			Value
September 30, 2013
Assets:
Mortgage and other loans receivable		$	–		$	618		$	20,170		$	20,788		$	19,707
Other invested assets			–			59			3,912			3,971			4,932
Short-term investments			–			17,084			–			17,084			17,084
Cash			2,058			–			–			2,058			2,058
Liabilities:
Policyholder contract deposits associated with investment-type contracts			–			202			113,828			114,030			104,734
Other liabilities			–			5,080			531			5,611			5,613
Long-term debt			–			36,785			2,104			38,889			35,250
December 31, 2012
Assets:
Mortgage and other loans receivable		$	–		$	823		$	19,396		$	20,219		$	19,348
Other invested assets			–			237			3,521			3,758			4,932
Short-term investments			–			20,752			–			20,752			20,752
Cash			1,151			–						1,151			1,151
Liabilities:
Policyholder contract deposits associated with investment-type contracts			–			245			123,860			124,105			105,979
Other liabilities			–			3,981			818			4,799			4,800
Long-term debt			–			43,966			1,925			45,891			40,445

INVESTMENTS

INVESTMENTS	9 Months Ended
	Sep. 30, 2013
INVESTMENTS	'
INVESTMENTS	'
	6. INVESTMENTS
	Securities Available for Sale
	The following table presents the amortized cost or cost and fair value of our available for sale securities:
	(in millions)	Amortized			Gross			Gross			Fair			Other-Than-
		Cost or			Unrealized			Unrealized			Value			Temporary
		Cost			Gains			Losses						Impairments
														in AOCI(a)
	September 30, 2013
	Bonds available for sale:
	U.S. government and government sponsored entities	$	3,278		$	190		$	(33	)	$	3,435		$	–
	Obligations of states, municipalities and political subdivisions		29,967			1,319			(405	)		30,881			2
	Non-U.S. governments		22,580			793			(339	)		23,034			–
	Corporate debt		138,286			8,644			(2,762	)		144,168			78
	Mortgage-backed, asset-backed and collateralized:
	RMBS		33,833			3,094			(451	)		36,476			1,554
	CMBS		11,203			605			(296	)		11,512			89
	CDO/ABS		9,915			648			(168	)		10,395			62
	Total mortgage-backed, asset-backed and collateralized		54,951			4,347			(915	)		58,383			1,705
	Total bonds available for sale(b)		249,062			15,293			(4,454	)		259,901			1,785
	Equity securities available for sale:
	Common stock		1,284			1,748			(14	)		3,018			–
	Preferred stock		53			25			(1	)		77			–
	Mutual funds		289			4			(10	)		283			–
	Total equity securities available for sale		1,626			1,777			(25	)		3,378			–
	Total	$	250,688		$	17,070		$	(4,479	)	$	263,279		$	1,785
	December 31, 2012
	Bonds available for sale:
	U.S. government and government sponsored entities	$	3,161		$	323		$	(1	)	$	3,483		$	–
	Obligations of states, municipalities and political subdivisions		33,042			2,685			(22	)		35,705			2
	Non-U.S. governments		25,449			1,395			(44	)		26,800			–
	Corporate debt		135,728			15,848			(464	)		151,112			115
	Mortgage-backed, asset-backed and collateralized:
	RMBS		31,330			3,379			(317	)		34,392			1,330
	CMBS		9,449			770			(304	)		9,915			(79	)
	CDO/ABS		7,990			806			(244	)		8,552			82
	Total mortgage-backed, asset-backed and collateralized		48,769			4,955			(865	)		52,859			1,333
	Total bonds available for sale(b)		246,149			25,206			(1,396	)		269,959			1,450
	Equity securities available for sale:
	Common stock		1,492			1,574			(37	)		3,029			–
	Preferred stock		55			23			–			78			–
	Mutual funds		93			12			–			105			–
	Total equity securities available for sale		1,640			1,609			(37	)		3,212			–
	Total	$	247,789		$	26,815		$	(1,433	)	$	273,171		$	1,450
	(a)  Represents the amount of other-than-temporary impairments recognized in Accumulated other comprehensive income. Amount includes unrealized gains and losses on impaired securities relating to changes in the value of such securities subsequent to the impairment measurement date.
	(b)  At September 30, 2013 and December 31, 2012, bonds available for sale held by us that were below investment grade or not rated totaled $31.1 billion and $29.6 billion, respectively.
	Securities Available for Sale in a Loss Position
	The following table summarizes the fair value and gross unrealized losses on our available for sale securities in a loss position, aggregated by major investment category and length of time that individual securities have been in a continuous unrealized loss position:
		Less than 12 Months						12 Months or More						Total
	(in millions)	Fair			Gross			Fair			Gross			Fair			Gross
		Value			Unrealized			Value			Unrealized			Value			Unrealized
					Losses						Losses						Losses
	September 30, 2013
	Bonds available for sale:
	U.S. government and government sponsored entities	$	825		$	29		$	32		$	4		$	857		$	33
	Obligations of states, municipalities and political subdivisions		5,512			352			273			53			5,785			405
	Non-U.S. governments		5,156			291			253			48			5,409			339
	Corporate debt		38,230			2,417			2,890			345			41,120			2,762
	RMBS		7,617			318			1,001			133			8,618			451
	CMBS		2,685			190			994			106			3,679			296
	CDO/ABS		3,204			62			963			106			4,167			168
	Total bonds available for sale		63,229			3,659			6,406			795			69,635			4,454
	Equity securities available for sale:
	Common stock		113			13			2			1			115			14
Preferred stock		5			1			–			–			5			1
Mutual funds		157			10			–			–			157			10
Total equity securities available for sale		275			24			2			1			277			25
Total	$	63,504		$	3,683		$	6,408		$	796		$	69,912		$	4,479
December 31, 2012
Bonds available for sale:
U.S. government and government sponsored entities	$	153		$	1		$	–		$	–		$	153		$	1
Obligations of states, municipalities and political subdivisions		692			11			114			11			806			22
Non-U.S. governments		1,555			19			442			25			1,997			44
Corporate debt		8,483			201			3,229			263			11,712			464
RMBS		597			28			1,661			289			2,258			317
CMBS		404			8			1,481			296			1,885			304
CDO/ABS		393			3			1,624			241			2,017			244
Total bonds available for sale		12,277			271			8,551			1,125			20,828			1,396
Equity securities available for sale:
Common stock		247			36			18			1			265			37
Mutual funds		3			–			–			–			3			–
Total equity securities available for sale		250			36			18			1			268			37
Total	$	12,527		$	307		$	8,569		$	1,126		$	21,096		$	1,433
At September 30, 2013, we held 6,217 and 97 individual fixed maturity and equity securities, respectively, that were in an unrealized loss position, of which 688 individual fixed maturity securities were in a continuous unrealized loss position for longer than 12 months. We did not recognize the unrealized losses in earnings on these fixed maturity securities at September 30, 2013 because we neither intend to sell the securities nor do we believe that it is more likely than not that we will be required to sell these securities before recovery of their amortized cost basis. Furthermore, we expect to recover the entire amortized cost basis of these securities. In performing this evaluation, we considered the recovery periods for securities in previous periods of broad market declines. For fixed maturity securities with significant declines, we performed fundamental credit analyses on a security-by-security basis, which included consideration of credit enhancements, expected defaults on underlying collateral, review of relevant industry analyst reports and forecasts and other available market data.
Contractual Maturities of Securities Available for Sale
The following table presents the amortized cost and fair value of fixed maturity securities available for sale by contractual maturity:
	Total Fixed Maturity Securities						Fixed Maturity Securities
	Available for Sale						in a Loss Position
September 30, 2013							Available for Sale
(in millions)	Amortized Cost			Fair Value			Amortized Cost			Fair Value
Due in one year or less	$	9,884		$	10,097		$	680		$	670
Due after one year through five years		51,912			54,768			7,975			7,816
Due after five years through ten years		69,813			72,610			20,182			19,212
Due after ten years		62,502			64,043			27,873			25,473
Mortgage-backed, asset-backed and collateralized		54,951			58,383			17,379			16,464
Total	$	249,062		$	259,901		$	74,089		$	69,635
Actual maturities may differ from contractual maturities because certain borrowers have the right to call or prepay certain obligations with or without call or prepayment penalties.
The following table presents the gross realized gains and gross realized losses from sales or redemptions of our available for sale securities:
	Three Months Ended September 30,												Nine Months Ended September 30,
	2013						2012						2013					2012
(in millions)	Gross			Gross			Gross			Gross			Gross			Gross		Gross		Gross
	Realized			Realized			Realized			Realized			Realized			Realized		Realized		Realized
	Gains			Losses			Gains			Losses			Gains			Losses		Gains		Losses
Fixed maturity securities	$	516		$	26		$	943		$	82		$	2,216		$	153	$	2,308	$	121
Equity securities		18			6			38			22			101			15		503		26
Total	$	534		$	32		$	981		$	104		$	2,317		$	168	$	2,811	$	147
For the three- and nine-month periods ended September 30, 2013, the aggregate fair value of available for sale securities sold was $8.4 billion and $27.7 billion, respectively, which resulted in net realized capital gains of $0.5 billion and $2.1 billion, respectively.
For the three- and nine-month periods ended September 30, 2012, the aggregate fair value of available for sale securities sold was $8.8 billion and $30.3 billion, respectively, which resulted in net realized capital gains of $0.9 billion and $2.7 billion, respectively.
Trading Securities
The following table presents the fair value of our trading securities:
	September 30, 2013						December 31, 2012
(in millions)	Fair			Percent			Fair			Percent
	Value			of Total			Value			of Total
Fixed maturity securities:
U.S. government and government sponsored entities	$	5,867			25	%	$	6,794			27	%
Obligations of states, territories and political subdivisions		181			1			–			–
Non-U.S. governments		2			–			2			–
Corporate debt		1,147			5			1,320			5
Mortgage-backed, asset-backed and collateralized:
RMBS		2,178			9			1,727			7
CMBS		1,454			6			2,227			9
CDO/ABS and other collateralized(a)		12,048			51			12,506			50
Total mortgage-backed, asset-backed and collateralized		15,680			66			16,460			66
Other		7			–			8			–
Total fixed maturity securities		22,884			97			24,584			98
Equity securities		807			3			662			2
Total(b)	$	23,691			100	%	$	25,246			100	%
(a)  Includes $1.0 billion of U.S. Government agency backed ABS.
(b)  Securities presented herein are measured at fair value based on our election of the fair value option.
Net Investment Income
The following table presents the components of Net investment income:
	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(in millions)	2013			2012			2013			2012
Fixed maturity securities, including short-term investments	$	3,005		$	3,263		$	8,969		$	9,547
Change in fair value of ML II		–			–			–			246
Change in fair value of ML III		–			330			–			2,888
Change in fair value of AIA securities including realized gain		–			527			–			1,829
Equity securities		98			53			123			85
Interest on mortgage and other loans		292			270			862			799
Alternative investments*		288			340			1,892			1,194
Real estate		32			35			99			93
Other investments		(22	)		(11	)		59			(9	)
Total investment income		3,693			4,807			12,004			16,672
Investment expenses		120			157			423			436
Net investment income	$	3,573		$	4,650		$	11,581		$	16,236
*     Includes hedge funds, private equity funds, affordable housing partnerships and other investment partnerships.
Net Realized Capital Gains and Losses
The following table presents the components of Net realized capital gains (losses):
	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(in millions)	2013			2012			2013			2012
Sales of fixed maturity securities	$	490		$	861		$	2,063		$	2,187
Sales of equity securities		12			16			86			477
Other-than-temporary impairments:
Severity		–			(1	)		(5	)		(15	)
Change in intent		(1	)		(5	)		(4	)		(27	)
Foreign currency declines		–			(1	)		–			(7	)
Issuer-specific credit events		(55	)		(107	)		(200	)		(895	)
Adverse projected cash flows		–			–			(7	)		(4	)
Provision for loan losses		(33	)		51			(38	)		77
Foreign exchange transactions		(276	)		(54	)		135			(101	)
Derivative instruments		192			(203	)		209			(862	)
Other		(77	)		89			(96	)		(36	)
Net realized capital gains	$	252		$	646		$	2,143		$	794
Change in Unrealized Appreciation of Investments
The following table presents the increase (decrease) in unrealized appreciation of our available for sale securities:
	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(in millions)	2013			2012			2013			2012
Increase (decrease) in unrealized appreciation of investments:
Fixed maturities	$	(1,696	)	$	5,000		$	(12,971	)	$	10,013
Equity securities		189			131			180			(459	)
Other investments		50			24			57			392
Total Increase (decrease) in unrealized appreciation of investments	$	(1,457	)	$	5,155		$	(12,734	)	$	9,946
Evaluating Investments for Other-Than-Temporary Impairments
For a discussion of our policy for evaluating investments for other-than-temporary impairments, see Note 7 to the Consolidated Financial Statements in the 2012 Annual Report.
Credit Impairments
The following table presents a rollforward of the cumulative credit losses in other-than-temporary impairments recognized in earnings for our available for sale fixed maturity securities:
	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(in millions)	2013			2012			2013			2012
Balance, beginning of period	$	4,236		$	6,090		$	5,164		$	6,504
Increases due to:
Credit impairments on new securities subject to impairment losses		6			–			33			172
Additional credit impairments on previously impaired securities		29			45			59			421
Reductions due to:
Credit impaired securities fully disposed for which there was no prior intent or requirement to sell		(68	)		(297	)		(626	)		(815	)
Credit impaired securities for which there is a current intent or anticipated requirement to sell		–			(5	)		–			(5	)
Accretion on securities previously impaired due to credit*		(184	)		(215	)		(611	)		(668	)
Other		–			(3	)		–			6
Balance, end of period	$	4,019		$	5,615		$	4,019		$	5,615
*     Represents both accretion recognized due to changes in cash flows expected to be collected over the remaining expected term of the credit impaired securities and the accretion due to the passage of time.
Purchased Credit Impaired (PCI) Securities
In 2011, we began purchasing certain RMBS securities that have experienced deterioration in credit quality since their issuance. We determined, based on our expectations as to the timing and amount of cash flows expected to be received, that it was probable at the date of acquisition that we would not collect all contractually required payments for these PCI securities, including both principal and interest after considering the effects of prepayments. At acquisition, the timing and amount of the undiscounted future cash flows expected to be received on each PCI security was determined based on our best estimate using key assumptions, such as interest rates, default rates and prepayment speeds. At acquisition, the difference between the undiscounted expected future cash flows of the PCI securities and the recorded investment in the securities represents the initial accretable yield, which is to be accreted into net investment income over their remaining lives on a level-yield basis. Additionally, the difference between the contractually required payments on the PCI securities and the undiscounted expected future cash flows represents the non-accretable difference at acquisition. The accretable yield and the non-accretable difference will change over time, based on actual payments received and changes in estimates of undiscounted expected future cash flows, which are discussed further below.
On a quarterly basis, the undiscounted expected future cash flows associated with PCI securities are re-evaluated based on updates to key assumptions. Declines in undiscounted expected future cash flows due to further credit deterioration as well as changes in the expected timing of the cash flows can result in the recognition of an other-than-temporary impairment charge, as PCI securities are subject to our policy for evaluating investments for other-than-temporary impairment. Changes to undiscounted expected future cash flows due solely to the changes in the contractual benchmark interest rates on variable rate PCI securities will change the accretable yield prospectively. Significant increases in undiscounted expected future cash flows for reasons other than interest rate changes are recognized prospectively as adjustments to the accretable yield.
The following tables present information on our PCI securities, which are included in bonds available for sale:
(in millions)	At Date of Acquisition
Contractually required payments (principal and interest)	$	23,784
Cash flows expected to be collected*		18,763
Recorded investment in acquired securities		12,268
*     Represents undiscounted expected cash flows, including both principal and interest.
(in millions)	September 30, 2013			December 31, 2012
Outstanding principal balance	$	14,104		$	11,791
Amortized cost		9,609			7,718
Fair value		10,685			8,823
The following table presents activity for the accretable yield on PCI securities:
	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(in millions)	2013			2012			2013			2012
Balance, beginning of period	$	5,901		$	4,950		$	4,766		$	4,135
Newly purchased PCI securities		202			114			1,308			1,532
Disposals		–			(130	)		(60	)		(298	)
Accretion		(187	)		(165	)		(517	)		(510	)
Effect of changes in interest rate indices		282			(39	)		388			(200	)
Net reclassification from non-accretable difference, including effects of prepayments		405			53			718			124
Balance, end of period	$	6,603		$	4,783		$	6,603		$	4,783
Pledged Investments
Secured Financing and Similar Arrangements
We enter into financing transactions whereby certain securities are transferred to financial institutions in exchange for cash or other liquid collateral. Securities transferred by us under these financing transactions may be sold or repledged by the counterparties. As collateral for the securities transferred by us, counterparties transfer assets to us, such as cash or high quality fixed maturity securities. Collateral levels are monitored daily and are generally maintained at an agreed-upon percentage of the fair value of the transferred securities during the life of the transactions. Where we receive fixed maturity securities as collateral, we do not have the right to sell or repledge the collateral unless an event of default occurs by the counterparties. At the termination of the transactions, we and our counterparties are obligated to return the collateral provided and the securities transferred, respectively. We treat these transactions as secured financing arrangements.
Secured financing transactions also include securities sold under agreements to repurchase (repurchase agreements), in which we transfer securities in exchange for cash, with an agreement by us to repurchase the same or substantially similar securities. In the majority of these repurchase agreements, the securities transferred by us may be sold or repledged by the counterparties. Repurchase agreements entered into by our Direct Investment book (DIB) are carried at fair value based on market-observable interest rates. All other repurchase agreements are recorded at their contracted repurchase amounts plus accrued interest.
The following table presents the fair value of securities pledged to counterparties under secured financing transactions:
(in millions)	September 30, 2013			December 31, 2012
Securities available for sale	$	4,064		$	8,180
Trading securities		2,881			2,985
We also enter into agreements in which we purchase securities under agreements to resell (reverse repurchase agreements), which are accounted for as secured financing transactions and reported as short-term investments or other assets, depending on their terms. These agreements are recorded at their contracted resale amounts plus accrued interest, other than those that are accounted for at fair value. Such agreements entered into by the DIB are carried at fair value based on market observable interest rates. In all reverse repurchase transactions, we take possession of or obtain a security interest in the related securities, and we have the right to sell or repledge the collateral received.
The following table presents information on the fair value of securities pledged to us under reverse repurchase agreements:
(in millions)	September 30, 2013			December 31, 2012
Securities collateral pledged to us	$	10,222		$	11,039
Amount repledged by us		60			33
Insurance — Statutory and Other Deposits
Total carrying values of cash and securities deposited by our insurance subsidiaries under requirements of regulatory authorities or other insurance-related arrangements, including certain annuity-related obligations and certain reinsurance treaties, were $7.2 billion and $8.9 billion at September 30, 2013 and December 31, 2012, respectively.
Other Pledges
Certain of our subsidiaries are members of Federal Home Loan Banks (FHLBs) and such membership requires the members to own stock in these FHLBs. We owned an aggregate of $61 million and $84 million of stock in FHLBs at September 30, 2013 and December 31, 2012, respectively. To the extent we borrow from the FHLB, our ownership interest in the stock of FHLBs will be pledged to the FHLB. In addition, we have pledged securities available for sale with a fair value of $76 million and $341 million at September 30, 2013 and December 31, 2012, respectively, associated with advances from the FHLBs.
Certain GIAs have provisions that require collateral to be posted or payments to be made by us upon a downgrade of our long-term debt ratings. The actual amount of collateral required to be posted to the counterparties in the event of such downgrades, and the aggregate amount of payments that we could be required to make, depend on market conditions, the fair value of outstanding affected transactions and other factors prevailing at and after the time of the downgrade. The fair value of securities pledged as collateral with respect to these obligations approximated $4.4 billion at both September 30, 2013 and December 31, 2012. This collateral primarily consists of securities of the U.S. government and government sponsored entities and generally cannot be repledged or resold by the counterparties.

LENDING_ACTIVITIES

LENDING ACTIVITIES	9 Months Ended
	Sep. 30, 2013
LENDING ACTIVITIES	'
LENDING ACTIVITIES	'
	7. LENDING ACTIVITIES
	The following table presents the composition of Mortgage and other loans receivable:
	(in millions)	September 30, 2013			December 31, 2012
	Commercial mortgages*	$	14,741		$	13,788
	Life insurance policy loans		2,844			2,952
	Commercial loans, other loans and notes receivable		2,520			3,147
	Total mortgage and other loans receivable		20,105			19,887
	Allowance for losses		(398	)		(405	)
	Mortgage and other loans receivable, net	$	19,707		$	19,482
	*     Commercial mortgages primarily represent loans for office, retail and industrial properties, with exposures in California and New York representing the largest geographic concentrations (aggregating approximately 18 percent and 17 percent at September 30, 2013, respectively, and approximately 22 percent and 15 percent at December 31, 2012, respectively).
	The following table presents the credit quality indicators for commercial mortgages:
		Number			Class																			Percent
	September 30, 2013	of																						of
	(dollars in millions)	Loans			Apartments			Offices			Retail			Industrial			Hotel			Others		Total(c)		Total $
	Credit Quality Indicator:
	In good standing		974		$	2,313		$	4,605		$	2,920		$	1,583		$	1,339		$	1,570	$	14,330		97	%
	Restructured(a)		9			54			207			7			–			–			88		356		3
	90 days or less delinquent		–			–			–			–			–			–			–		–		–
	>90 days delinquent or in process of foreclosure		9			–			55			–			–			–			–		55		–
	Total(b)		992		$	2,367		$	4,867		$	2,927		$	1,583		$	1,339		$	1,658	$	14,741		100	%
	Valuation allowance				$	10		$	109		$	8		$	20		$	3		$	53	$	203		1	%
	(a)  Loans that have been modified in troubled debt restructurings and are performing according to their restructured terms. For additional discussion of troubled debt restructurings see Note 8 to the Consolidated Financial Statements in the 2012 Annual Report.
	(b)  Does not reflect valuation allowances.
	(c)  Approximately 99 percent of the commercial mortgages held at such respective dates were current as to payments of principal and interest.
	Allowance for Credit Losses
	See Note 8 to the Consolidated Financial Statements in the 2012 Annual Report for a discussion of our accounting policy for evaluating mortgage and other loans receivable for impairment.
	The following table presents a rollforward of the changes in the allowance for losses on Mortgage and other loans receivable:
		2013									2012
	Nine Months Ended September 30,	Commercial			Other			Total			Commercial			Other			Total
	(in millions)	Mortgages			Loans						Mortgages			Loans
	Allowance, beginning of year	$	159		$	246		$	405		$	305		$	435		$	740
	Loans charged off		(5	)		(37	)		(42	)		(12	)		(6	)		(18	)
	Recoveries of loans previously charged off		3			6			9			6			–			6
	Net charge-offs		(2	)		(31	)		(33	)		(6	)		(6	)		(12	)
	Provision for loan losses		47			(16	)		31			(106	)		33			(73	)
	Other		(1	)		(4	)		(5	)		–			–			–
	Activity of discontinued operations		–			–			–			–			(167	)		(167	)
	Allowance, end of period	$	203	*	$	195		$	398		$	193*		$	295		$	488
	*     Of the total allowance at the end of the period, $102 million and $38 million relates to individually assessed credit losses on $267 million and $332 million of commercial mortgage loans at September 30, 2013 and 2012, respectively.
	No significant loans were modified in a troubled debt restructuring during the nine-month periods ended September 30, 2013 and 2012.

VARIABLE_INTEREST_ENTITIES

VARIABLE INTEREST ENTITIES	9 Months Ended
	Sep. 30, 2013
VARIABLE INTEREST ENTITIES	'
VARIABLE INTEREST ENTITIES	'
	8. VARIABLE INTEREST ENTITIES
	We enter into various arrangements with variable interest entities (VIEs) in the normal course of business. Our involvement with VIEs is primarily through our insurance companies as a passive investor in debt securities (rated and unrated) and equity interests issued by VIEs. Our exposure is generally limited to those interests held.
	For VIEs with attributes consistent with that of an investment company or a money market fund, the primary beneficiary is the party or group of related parties that absorbs a majority of the expected losses of the VIE, receives the majority of the expected residual returns of the VIE, or both.
	For all other VIEs, the primary beneficiary is the entity that has both (1) the power to direct the activities of the VIE that most significantly affect the VIE's economic performance and (2) the obligation to absorb losses or the right to receive benefits that could be potentially significant to the VIE. While also considering these factors, the consolidation conclusion depends on the breadth of our decision-making ability and our ability to influence activities that significantly affect the economic performance of the VIE.
	Balance Sheet Classification and Exposure to Loss
	The following table presents the total assets and total liabilities associated with our variable interests in consolidated VIEs, as classified in the Condensed Consolidated Balance Sheets:
	(in millions)	Real estate		Securitization		Structured		Affordable		Other		Total
		and		vehicles		investment		housing
		investment				vehicles		partnerships
		funds(c)
	September 30, 2013
	Assets:
	Available for sale securities	$	–	$	11,111	$	–	$	–	$	–	$	11,111
	Trading securities		–		–		745		–		117		862
	Mortgage and other loans receivable		–		–		–		–		301		301
	Other invested assets		924		–		–		2,068		862		3,854
	Other assets		65		–		646		36		707		1,454
	Total assets(a)(b)	$	989	$	11,111	$	1,391	$	2,104	$	1,987	$	17,582
	Liabilities:
	Long-term debt	$	74	$	151	$	87	$	194	$	198	$	704
	Other liabilities		47		–		61		79		257		444
	Total liabilities	$	121	$	151	$	148	$	273	$	455	$	1,148
	December 31, 2012
	Assets:
	Available for sale securities	$	198	$	2,422	$	–	$	–	$	324	$	2,944
	Trading securities		15		–		792		–		204		1,011
	Mortgage and other loans receivable		–		–		–		–		398		398
	Other invested assets		1,122		–		–		2,230		1,023		4,375
	Other assets		59		–		902		33		2,013		3,007
	Total assets(a)(b)	$	1,394	$	2,422	$	1,694	$	2,263	$	3,962	$	11,735
	Liabilities:
	Long-term debt	$	157	$	25	$	9	$	133	$	424	$	748
	Other liabilities		20		–		43		68		1,044		1,175
	Total liabilities	$	177	$	25	$	52	$	201	$	1,468	$	1,923
	(a)  The assets of each VIE can be used only to settle specific obligations of that VIE.
	(b)  At September 30, 2013 and December 31, 2012 includes approximately $12.2 billion and $3.6 billion, respectively, of primarily investment-grade debt securities held by certain securitization vehicles that issued beneficial interests in these investments. The majority of the beneficial interests issued are held by AIG.
	(c)  At September 30, 2013 and December 31, 2012, off-balance sheet exposure, primarily consisting of commitments to real estate and investment funds, was $50.8 million and $48.7 million, respectively.
	We calculate our maximum exposure to loss to be (i) the amount invested in the debt or equity of the VIE, (ii) the notional amount of VIE assets or liabilities where we have also provided credit protection to the VIE with the VIE as the referenced obligation, and (iii) other commitments and guarantees to the VIE. Interest holders in VIEs sponsored by us generally have recourse only to the assets and cash flows of the VIEs and do not have recourse to us, except in limited circumstances when we have provided a guarantee to the VIE's interest holders.
	The following table presents total assets of unconsolidated VIEs in which we hold a variable interest, as well as our maximum exposure to loss associated with these VIEs:
				Maximum Exposure to Loss
	(in millions)	Total VIE		On-Balance		Off-Balance		Total
		Assets		Sheet*		Sheet
	September 30, 2013
	Real estate and investment funds	$	20,087	$	2,203	$	193	$	2,396
	Affordable housing partnerships		474		473		–		473
	Other		1,181		166		87		253
	Total	$	21,742	$	2,842	$	280	$	3,122
	December 31, 2012
	Real estate and investment funds	$	16,662	$	1,881	$	169	$	2,050
	Affordable housing partnerships		498		498		–		498
	Other		1,018		79		–		79
	Total	$	18,178	$	2,458	$	169	$	2,627
	*     At September 30, 2013 and December 31, 2012, $2.8 billion and $2.5 billion, respectively, of our total unconsolidated VIE assets were recorded as Other invested assets.
	See Note 11 to the Consolidated Financial Statements in the 2012 Annual Report for additional information on VIEs.

DERIVATIVES_AND_HEDGE_ACCOUNTI

DERIVATIVES AND HEDGE ACCOUNTING	9 Months Ended
	Sep. 30, 2013
DERIVATIVES AND HEDGE ACCOUNTING	'
DERIVATIVES AND HEDGE ACCOUNTING	'
	9. DERIVATIVES AND HEDGE ACCOUNTING
	We use derivatives and other financial instruments as part of our financial risk management programs and as part of our investment operations. See Note 12 to the Consolidated Financial Statements in the 2012 Annual Report for a discussion of our accounting policies and procedures regarding derivatives and hedge accounting.
	The following table presents the notional amounts and fair values of our derivative instruments:
		September 30, 2013												December 31, 2012
		Gross Derivative Assets						Gross Derivative Liabilities						Gross Derivative Assets					Gross Derivative Liabilities
	(in millions)	Notional			Fair			Notional			Fair			Notional		Fair			Notional		Fair
		Amount			Value(a)			Amount			Value(a)			Amount		Value(a)			Amount		Value(a)
	Derivatives designated as hedging instruments:
	Interest rate contracts(b)	$	–		$	–		$	119		$	7		$	–	$	–		$	–	$	–
	Foreign exchange contracts		468			6			1,054			78			–		–			–		–
	Derivatives not designated as hedging instruments:
	Interest rate contracts(b)		54,968			4,013			52,688			4,177			63,463		6,479			63,482		5,806
	Foreign exchange contracts		934			35			5,427			197			8,325		104			10,168		174
	Equity contracts(c)		6,131			257			29,533			491			4,990		221			25,626		1,377
	Commodity contracts		17			1			13			4			625		145			622		146
	Credit contracts		71			56			15,608			1,561			70		60			16,244		2,051
	Other contracts(d)		27,518			33			1,293			189			20,449		38			1,488		206
	Total derivatives not designated as hedging instruments		89,639			4,395			104,562			6,619			97,922		7,047			117,630		9,760
	Total derivatives, gross	$	90,107		$	4,401		$	105,735		$	6,704		$	97,922	$	7,047		$	117,630	$	9,760
	(a)  Fair value amounts are shown before the effects of counterparty netting adjustments and offsetting cash collateral.
	(b)  Includes cross-currency swaps.
	(c)  Notional amount of derivative assets and fair value of derivative assets include $1.1 billion and $4 million, respectively, at September 30, 2013, related to bifurcated embedded derivatives. Notional amount of derivative liabilities and fair value of derivative liabilities include $27 billion and $0.4 billion, respectively, at September 30, 2013, and $23 billion and $1.3 billion, respectively, at December 31, 2012, related to bifurcated embedded derivatives. A bifurcated embedded derivative is generally presented with the host contract in the Condensed Consolidated Balance Sheets.
	(d)  Consists primarily of contracts with multiple underlying exposures.
	The following table presents the fair values of derivative assets and liabilities in the Condensed Consolidated Balance Sheets:
		September 30, 2013												December 31, 2012
		Derivative Assets						Derivative Liabilities						Derivative Assets					Derivative Liabilities
	(in millions)	Notional			Fair			Notional			Fair			Notional		Fair			Notional		Fair
		Amount			Value			Amount			Value			Amount		Value			Amount		Value
	Global Capital Markets derivatives:
	AIG Financial Products	$	46,395		$	2,761		$	56,908		$	3,959		$	59,854	$	4,725		$	66,717	$	5,506
	AIG Markets		12,420			981			15,367			1,543			14,028		1,308			18,774		1,818
	Total Global Capital Markets derivatives		58,815			3,742			72,275			5,502			73,882		6,033			85,491		7,324
	Non-Global Capital Markets derivatives(a)		31,292			659			33,460			1,202			24,040		1,014			32,139		2,436
	Total derivatives, gross	$	90,107			4,401		$	105,735			6,704		$	97,922		7,047		$	117,630		9,760
	Counterparty netting(b)					(1,863	)					(1,863	)				(2,467	)				(2,467	)
	Cash collateral(c)					(811	)					(1,664	)				(909	)				(1,976	)
	Total derivatives, net					1,727						3,177					3,671					5,317
	Less: Bifurcated embedded derivatives					4						455					–					1,256
	Total derivatives on consolidated balance sheet				$	1,723					$	2,722				$	3,671				$	4,061
	(a)  Represents derivatives used to hedge the foreign currency and interest rate risk associated with insurance operations as well as embedded derivatives included in insurance contracts. Bifurcated embedded derivatives are recorded in Policyholder contract deposits in the Condensed Consolidated Balance Sheets.
	(b)  Represents netting of derivative exposures covered by a qualifying ISDA Master Agreement.
	(c)  Represents cash collateral posted and received that is eligible for netting.
	Collateral
	We engage in derivative transactions directly with unaffiliated third parties, which generally provide for collateral postings to such unaffiliated third parties or (in the case of derivative transactions subject to clearing) centralized clearing organizations at various ratings and threshold levels. The collateral posting provisions are generally contained in Credit Support Annexes (CSAs) included in International Swaps and Derivatives Association, Inc. (ISDA) Master Agreements or (in the case of derivative transactions subject to clearing) clearing agreements with futures commission merchants.
	Collateral posted by us to third parties for derivative transactions was $3.4 billion and $4.5 billion at September 30, 2013 and December 31, 2012, respectively. In the case of collateral posted under derivative transactions that are not subject to clearing, this collateral can generally be repledged or resold by the counterparties. Collateral provided to us from third parties for derivative transactions was $1.1 billion and $1.4 billion at September 30, 2013 and December 31, 2012, respectively. We generally can repledge or resell this collateral to the extent it is posted under derivative transactions that are not subject to clearing.
	Offsetting
	We have elected to present all derivative receivables and derivative payables, and the related cash collateral received and paid, on a net basis on our Condensed Consolidated Balance Sheets when a legally enforceable ISDA Master Agreement exists between us and our derivative counterparty. An ISDA Master Agreement is an agreement between two counterparties, who may have multiple derivative contracts with each other, and such ISDA Master Agreement may provide for the net settlement of all or a specified group of these derivative contracts, as well as cash collateral, through a single payment, in a single currency, in the event of a default on or affecting any one derivative contract or a termination event affecting all or a specified group of derivative contracts.
	Hedge Accounting
	We designated certain derivatives entered into by Global Capital Markets (GCM) with third parties as fair value hedges of available-for-sale investment securities held by our insurance subsidiaries. The fair value hedges include foreign currency forwards designated as hedges of the change in fair value of foreign currency denominated available-for-sale securities attributable to changes in foreign exchange rates. We also designated certain interest rate cross-currency swaps as hedges of the change in fair value of fixed-rate GICs attributable to changes in benchmark interest rates and foreign exchange rates.
	We use foreign currency denominated debt and cross-currency swaps as hedging instruments in net investment hedge relationships to mitigate the foreign exchange risk associated with certain non-U.S. dollar functional currency foreign subsidiaries. We assess the hedge effectiveness and measure the amount of ineffectiveness for these hedge relationships based on changes in spot exchange rates. For the three- and nine-month periods ended September 30, 2013, we recognized losses of $108 million and $13 million, respectively, and for the three- and nine-month periods ended September 30, 2012, we recognized losses of $70 million and $13 million, respectively, included in Foreign currency translation adjustments in Other comprehensive income related to the net investment hedge relationships.
	A qualitative methodology is utilized to assess hedge effectiveness for net investment hedges, while regression analysis is employed for all other hedges.
	The following table presents the gain (loss) recognized in earnings on our derivative instruments in fair value hedging relationships in the Condensed Consolidated Statements of Income:
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
	(in millions)	2013			2012			2013			2012
	Interest rate contracts:(a)
	Gain (loss) recognized in earnings on derivatives	$	2		$	–		$	2		$	(2	)
	Gain recognized in earnings on hedged items(b)		17			19			70			99
	Gain (loss) recognized in earnings for ineffective portion		–			–			–			–
	Foreign exchange contracts:(a)
	Gain (loss) recognized in earnings on derivatives		(21	)		–			(61	)		–
	Gain (loss) recognized in earnings on hedged items		19			–			66			–
	Gain (loss) recognized in earnings for amounts excluded from effectiveness testing		(2	)		–			5			–
(a)  Gains and losses recognized in earnings on derivatives are recorded in Net realized capital gains and Interest credited to policyholder account balances. Gains and losses recognized in earnings on hedged items are recorded in Net realized capital gains, Interest credited to policyholder account balances, and Other income. Gains and losses recognized in earnings from the ineffective portion and amounts excluded from effectiveness testing, if any, are recorded in Net realized capital gains.
(b)  Includes $19 million and $18 million for the three-month periods ended September 30, 2013 and 2012, respectively, and $72 million and $97 million, for the nine-month periods ended September 30, 2013 and 2012, respectively, representing the amortization of debt basis adjustment following the discontinuation of hedge accounting.
Derivatives Not Designated as Hedging Instruments
The following table presents the effect of derivative instruments not designated as hedging instruments in the Condensed Consolidated Statements of Income:
	Gains (Losses) Recognized in Earnings
	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(in millions)	2013			2012			2013			2012
By Derivative Type:
Interest rate contracts(a)	$	35		$	(220	)	$	(250	)	$	(208	)
Foreign exchange contracts		(83	)		(93	)		64			(3	)
Equity contracts(b)		158			(206	)		670			(601	)
Commodity contracts		(1	)		2			(3	)		–
Credit contracts		52			200			365			414
Other contracts		14			(4	)		74			(56	)
Total	$	175		$	(321	)	$	920		$	(454	)
By Classification:
Policy fees	$	56		$	42		$	149		$	115
Net investment income		(7	)		–			22			1
Net realized capital gains (losses)		200			(183	)		200			(843	)
Other income (losses)		(71	)		(180	)		560			273
Policyholder benefits and claims incurred		(3	)		–			(11	)		–
Total	$	175		$	(321	)	$	920		$	(454	)
(a)  Includes cross currency swaps.
(b)  Includes embedded derivative gains of $266 million and $1.0 billion for the three- and nine-month periods ended September 30, 2013, respectively, and embedded derivative losses of $75 million and $268 million for the three- and nine-month periods ended September 30, 2012, respectively.
Global Capital Markets Derivatives
Derivative transactions between AIG and its subsidiaries and third parties are generally centralized through GCM. One of GCM's entities generally acts as the derivatives intermediary between AIG and its subsidiaries and third parties to provide hedging services for AIG entities. The portfolio of this entity consists primarily of interest rate and currency derivatives and also includes legacy credit derivatives that have been novated to this entity.
Another of GCM's entities also enters into derivatives to mitigate market risk in its exposures (interest rates, currencies, credit, commodities and equities) arising from its transactions. At September 30, 2013, this entity has entered into credit derivative transactions with respect to $68 million of securities to economically hedge its credit risk. In most cases, this entity has not hedged its exposures related to the credit default swaps it has written.
GCM follows a policy of minimizing interest rate, currency, commodity, and equity risks associated with investment securities by entering into offsetting positions, thereby offsetting a significant portion of the unrealized appreciation and depreciation.
Super Senior Credit Default Swaps
Credit default swap transactions were entered into with the intention of earning revenue on credit exposure. In the majority of these transactions, we sold credit protection on a designated portfolio of loans or debt securities. Generally, we provided such credit protection on a "second loss" basis, meaning we would incur credit losses only after a shortfall of principal and/or interest, or other credit events, in respect of the protected loans and debt securities, exceeded a specified threshold amount or level of "first losses."
The following table presents the net notional amount, fair value of derivative (asset) liability and unrealized market valuation gain (loss) of the super senior credit default swap portfolio, including credit default swaps written on mezzanine tranches of certain regulatory capital relief transactions, by asset class:
	Net Notional Amount at(a)						Fair Value of						Unrealized Market
							Derivative Liability at(b)						Valuation Gain(c)
	September 30,			December 31,			September 30,			December 31,			Three Months Ended					Nine Months Ended
													September 30,					September 30,
(in millions)	2013			2012			2013			2012			2013		2012			2013		2012
Regulatory Capital:
Prime residential mortgages	$	2		$	97		$	–		$	–		$	–	$	–		$	–	$	–
Other		–			–			–			–			–		6			–		9
Total		2			97			–			–			–		6			–		9
Arbitrage:
Multi-sector CDOs(d)		3,399			3,944			1,460			1,910			49		142			330		336
Corporate debt/CLOs(e)		11,836			11,832			34			60			5		42			26		53
Total		15,235			15,776			1,494			1,970			54		184			356		389
Mezzanine tranches		–			–			–			–			–		14			–		3
Total	$	15,237		$	15,873		$	1,494		$	1,970		$	54	$	204		$	356	$	401
(a)  Net notional amounts presented are net of all structural subordination below the covered tranches. The decrease in the total net notional amount from December 31, 2012 to September 30, 2013 was due to amortization of $745 million and terminations and maturities of $67 million, partially offset by foreign exchange rate movement of $176 million.
(b)  Fair value amounts are shown before the effects of counterparty netting adjustments and offsetting cash collateral.
(c)  Includes credit valuation adjustment losses of $2 million and $12 million for the three-month periods ended September 30, 2013 and 2012, respectively, and losses of $3 million and $36 million for the nine-month periods ended September 30, 2013 and 2012, respectively, representing the effect of changes in our credit spreads on the valuation of the derivatives liabilities.
(d)  During the nine-month period ended September 30, 2013, we paid $120 million to counterparties with respect to multi-sector CDOs, which was previously included in the fair value of the derivative liability as an unrealized market valuation loss. Multi-sector CDOs also include $3.0 billion and $3.4 billion in net notional amount of credit default swaps written with cash settlement provisions at September 30, 2013 and December 31, 2012, respectively. Collateral postings with regards to multi-sector CDOs were $1.2 billion and $1.6 billion at September 30, 2013 and December 31, 2012, respectively.
(e)  Corporate debt/Collateralized Loan Obligations (CLOs) include $1.1 billion and $1.2 billion in net notional amount of credit default swaps written on the super senior tranches of CLOs at September 30, 2013 and December 31, 2012, respectively. Collateral postings with regards to corporate debt/CLOs were $394 million and $420 million at September 30, 2013 and December 31, 2012, respectively.
The expected weighted average maturity of the super senior credit derivative portfolios as of September 30, 2013 was less than one year for the regulatory capital prime residential mortgage portfolio, six years for the multi-sector CDO arbitrage portfolio and two years for the corporate debt/CLO portfolio.
Given the current performance of the underlying portfolios, the level of subordination of the credit protection written and the assessment of the credit quality of the underlying portfolio, as well as the risk mitigants inherent in the transaction structures, we do not expect that we will be required to make payments pursuant to the contractual terms of those transactions providing regulatory relief.
Because of long-term maturities of the CDS in the arbitrage portfolio, we are unable to make reasonable estimates of the periods during which any payments would be made. However, the net notional amount represents the maximum exposure to loss on the super senior credit default swap portfolio.
Written Single Name Credit Default Swaps
We have legacy credit default swap contracts referencing single-name exposures written on corporate, index and asset-backed credits with the intention of earning spread income on credit exposure. Some of these transactions were entered into as part of a long-short strategy to earn the net spread between CDS written and purchased. At September 30, 2013, the net notional amount of these written CDS contracts was $399 million, including ABS CDS transactions purchased from a liquidated multi-sector super senior CDS transaction. These exposures have been partially hedged by purchasing offsetting CDS contracts of $51 million in net notional amount. The net unhedged position of $348 million represents the maximum exposure to loss on these CDS contracts. The average maturity of the written CDS contracts is three years. At September 30, 2013, the fair value of the derivative liability (which represents the carrying value) of the portfolio of CDS was $39 million.
Upon a triggering event (e.g., a default) with respect to the underlying credit, we would have the option to either settle the position through an auction process (cash settlement) or pay the notional amount of the contract to the counterparty in exchange for a bond issued by the underlying credit obligor (physical settlement).
These CDS contracts were written under ISDA Master Agreements. The majority of these ISDA Master Agreements include CSAs that provide for collateral postings based on the market value of the relevant reference obligations. At September 30, 2013, collateral posted by us under these contracts was $52 million prior to offsets for other transactions.
All Other Derivatives
Our businesses, other than GCM, also use derivatives and other instruments as part of their financial risk management. Interest rate derivatives (such as interest rate swaps) are used to manage interest rate risk associated with embedded derivatives contained in insurance contract liabilities, fixed maturity securities, outstanding medium- and long-term notes as well as other interest rate sensitive assets and liabilities. Foreign exchange derivatives (principally foreign exchange forwards and options) are used to economically mitigate risk associated with non-U.S. dollar denominated debt, net capital exposures, and foreign currency transactions. Equity derivatives are used to mitigate financial risk embedded in certain insurance liabilities. The derivatives are effective economic hedges of the exposures that they are meant to offset.
In addition to hedging activities, we also enter into derivative instruments with respect to investment operations, which include, among other things, credit default swaps and purchasing investments with embedded derivatives, such as equity-linked notes and convertible bonds.
Credit Risk-Related Contingent Features
The aggregate fair value of our derivative instruments that contain credit risk-related contingent features that were in a net liability position at September 30, 2013, was approximately $2.9 billion. The aggregate fair value of assets posted as collateral under these contracts at September 30, 2013, was $3.4 billion.
We estimate that at September 30, 2013, based on our outstanding financial derivative transactions, a one-notch downgrade of our long-term senior debt ratings to BBB+ by Standard & Poor's Financial Services LLC, a subsidiary of The McGraw-Hill Companies, Inc. (S&P), would permit counterparties to make additional collateral calls and permit certain counterparties to elect early termination of contracts, resulting in a negligible amount of corresponding collateral postings and termination payments; a one-notch downgrade to Baa2 by Moody's Investors' Service, Inc. (Moody's) and an additional one-notch downgrade to BBB by S&P would result in approximately $69 million in additional collateral postings and termination payments, and a further one-notch downgrade to Baa3 by Moody's and BBB- by S&P would result in approximately $140 million in additional collateral postings and termination payments.
Additional collateral postings upon downgrade are estimated based on the factors in the individual collateral posting provisions of the CSA with each counterparty and current exposure as of September 30, 2013. Factors considered in estimating the termination payments upon downgrade include current market conditions, the complexity of the derivative transactions, historical termination experience and other observable market events such as bankruptcy and downgrade events that have occurred at other companies. Our estimates are also based on the assumption that counterparties will terminate based on their net exposure to us. The actual termination payments could significantly differ from our estimates given market conditions at the time of downgrade and the level of uncertainty in estimating both the number of counterparties who may elect to exercise their right to terminate and the payment that may be triggered in connection with any such exercise.
Hybrid Securities with Embedded Credit Derivatives
We invest in hybrid securities (such as credit-linked notes) with the intent of generating income, and not specifically to acquire exposure to embedded derivative risk. As is the case with our other investments in RMBS, CMBS, CDOs and ABS, our investments in these hybrid securities are exposed to losses only up to the amount of our initial investment in the hybrid security. Other than our initial investment in the hybrid securities, we have no further obligation to make payments on the embedded credit derivatives in the related hybrid securities.
We elect to account for our investments in these hybrid securities with embedded written credit derivatives at fair value, with changes in fair value recognized in Net investment income or Other income. Our investments in these hybrid securities are reported as Bond trading securities in the Condensed Consolidated Balance Sheets. The fair value of these hybrid securities was $6.4 billion at September 30, 2013. These securities have a current par amount of $13.7 billion and have remaining stated maturity dates that extend to 2052.

CONTINGENCIES_COMMITMENTS_AND_

CONTINGENCIES, COMMITMENTS AND GUARANTEES	9 Months Ended
	Sep. 30, 2013
CONTINGENCIES, COMMITMENTS AND GUARANTEES	'
CONTINGENCIES, COMMITMENTS AND GUARANTEES	'
	10. CONTINGENCIES, COMMITMENTS AND GUARANTEES
	In the normal course of business, various contingent liabilities and commitments are entered into by AIG and our subsidiaries. In addition, AIG Parent guarantees various obligations of certain subsidiaries.
	Although we cannot currently quantify our ultimate liability for unresolved litigation and investigation matters, including those referred to below, it is possible that such liability could have a material adverse effect on our consolidated financial condition or our consolidated results of operations or consolidated cash flows for an individual reporting period.
	Legal Contingencies
	Overview.    In the normal course of business, AIG and our subsidiaries are, like others in the insurance and financial services industries in general, subject to litigation, including claims for punitive damages. In our insurance and mortgage guaranty operations, litigation arising from claims settlement activities is generally considered in the establishment of our liability for unpaid claims and claims adjustment expense. However, the potential for increasing jury awards and settlements makes it difficult to assess the ultimate outcome of such litigation. AIG is also subject to derivative, class action and other claims asserted by its shareholders and others alleging, among other things, breach of fiduciary duties by its directors and officers and violations of insurance laws and regulations, as well as federal and state securities laws. In the case of any derivative action brought on behalf of AIG, any recovery would accrue to the benefit of AIG.
	Various regulatory and governmental agencies have been reviewing certain public disclosures, transactions and practices of AIG and our subsidiaries in connection with industry-wide and other inquiries into, among other matters, our liquidity, compensation paid to certain employees, payments made to counterparties, and certain business practices and valuations of current and former operating insurance subsidiaries. We have cooperated, and will continue to cooperate, in producing documents and other information in response to subpoenas and other requests.
	AIG's Subprime Exposure, AIGFP Credit Default Swap Portfolio and Related Matters
	AIG, AIGFP and certain directors and officers of AIG, AIGFP and other AIG subsidiaries have been named in various actions relating to our exposure to the U.S. residential subprime mortgage market, unrealized market valuation losses on AIGFP's super senior credit default swap portfolio, losses and liquidity constraints relating to our securities lending program and related disclosure and other matters (Subprime Exposure Issues).
	Consolidated 2008 Securities Litigation.    Between May 21, 2008 and January 15, 2009, eight purported securities class action complaints were filed against AIG and certain directors and officers of AIG and AIGFP, AIG's outside auditors, and the underwriters of various securities offerings in the United States District Court for the Southern District of New York (the Southern District of New York), alleging claims under the Securities Exchange Act of 1934, as amended (the Exchange Act), or claims under the Securities Act of 1933, as amended (the Securities Act). On March 20, 2009, the Court consolidated all eight of the purported securities class actions as In re American International Group, Inc. 2008 Securities Litigation (the Consolidated 2008 Securities Litigation).
	On May 19, 2009, the lead plaintiff in the Consolidated 2008 Securities Litigation filed a consolidated complaint on behalf of purchasers of AIG Common Stock during the alleged class period of March 16, 2006 through September 16, 2008, and on behalf of purchasers of various AIG securities offered pursuant to AIG's shelf registration statements. The consolidated complaint alleges that defendants made statements during the class period in press releases, AIG's quarterly and year-end filings, during conference calls, and in various registration statements and prospectuses in connection with the various offerings that were materially false and misleading and that artificially inflated the price of AIG Common Stock. The alleged false and misleading statements relate to, among other things, the Subprime Exposure Issues. The consolidated complaint alleges violations of Sections 10(b) and 20(a) of the Exchange Act and Sections 11, 12(a)(2), and 15 of the Securities Act. On August 5, 2009, defendants filed motions to dismiss the consolidated complaint, and on September 27, 2010, the Court denied the motions to dismiss.
	On April 1, 2011, the lead plaintiff in the Consolidated 2008 Securities Litigation filed a motion to certify a class of plaintiffs. On November 2, 2011, the Court terminated the motion without prejudice to an application for restoration. On March 30, 2012, the lead plaintiff filed a renewed motion to certify a class of plaintiffs.
	On April 26, 2013, the Court granted a motion for judgment on the pleadings brought by the defendants. The Court's order dismissed all claims against the outside auditors in their entirety, and it also reduced the scope of the Securities Act claims against AIG and defendants other than the outside auditors.
	On September 23, 2013, at the request of the parties, the Court terminated lead plaintiff's motion for class certification without prejudice to reinstatement. We have accrued our current estimate of probable loss with respect to this litigation.
	Individual Securities Litigations.    On November 18, 2011, January 20, 2012, June 11, 2012, August 8, 2012 and May 17, 2013, five separate, though similar, securities actions were brought by the Kuwait Investment Authority, various Oppenheimer Funds, eight foreign funds and investment entities led by the British Coal Staff Superannuation Scheme, Pacific Life Funds and Pacific Select Fund and the Teachers Retirement System of the State of Illinois against AIG and certain directors and officers of AIG and AIGFP (the action by the British Coal Staff Superannuation Scheme also names as defendants AIG's outside auditors and the underwriters of various securities offerings). The parties have agreed to stay discovery in these actions until the earlier of (i) the Court deciding the motion for class certification pending in the Consolidated 2008 Securities Litigation following 30 days' notice from any party in their respective action, (ii) the preliminary approval of any settlement in the Consolidated 2008 Securities Litigation, (iii) December 27, 2013, or (iv) such earlier or other date as the Court may order.
	On August 6, 2013, September 13, 2013, and September 16, 2013, four separate, though similar, securities actions were brought by 25 funds (collectively, the Dow 30SM plaintiffs), the Regents of the University of California, 12 foreign funds and management companies (collectively, the Stichting plaintiffs), and GIC Private Limited, respectively, against AIG and certain officers of AIG and AIGFP (the action by GIC Private Limited only named AIG as a defendant). The Dow 30SM action was filed in the Northern District of Illinois and the action filed by the Regents of the University of California was filed in the Northern District of California. The Stichting and GIC Private Limited actions were filed in the Southern District of New York. We have accrued our current estimate of probable loss with respect to these litigations.
	ERISA Actions — Southern District of New York.    Between June 25, 2008, and November 25, 2008, AIG, certain directors and officers of AIG, and members of AIG's Retirement Board and Investment Committee were named as defendants in eight purported class action complaints asserting claims on behalf of participants in certain pension plans sponsored by AIG or its subsidiaries. The Court subsequently consolidated these eight actions as In re American International Group, Inc. ERISA Litigation II. On September 4, 2012, lead plaintiffs' counsel filed a second consolidated amended complaint. The action purports to be brought as a class action under the Employee Retirement Income Security Act of 1974, as amended (ERISA), on behalf of all participants in or beneficiaries of certain benefit plans of AIG and its subsidiaries that offered shares of AIG Common Stock. In the second consolidated amended complaint, plaintiffs allege, among other things, that the defendants breached their fiduciary responsibilities to plan participants and their beneficiaries under ERISA, by continuing to offer the AIG Stock Fund as an investment option in the plans after it allegedly became imprudent to do so. The alleged ERISA violations relate to, among other things, the defendants' purported failure to monitor and/or disclose certain matters, including the Subprime Exposure Issues.
	On November 20, 2012, defendants filed motions to dismiss the second consolidated amended complaint. On May 24, 2013, the parties informed the Court of a mediation scheduled for August 21-22, 2013, and requested that the Court defer consideration of defendants' motions pending the outcome of the mediation. On the same day, the Court granted the parties' request, terminating defendants' motions without prejudice to reinstatement on request following the August mediation, if necessary. On August 26, 2013, the parties informed the Court that the mediation did not result in a resolution of the action, and defendants requested that the Court reinstate their motions to dismiss. On September 4, 2013, the Court reinstated defendants' motions to dismiss.
	As of October 31, 2013, discovery is ongoing, and the Court has not determined if a class action is appropriate or the size or scope of any class. As a result, we are unable to reasonably estimate the possible loss or range of losses, if any, arising from the litigation.
	Canadian Securities Class Action — Ontario Superior Court of Justice.    On November 12, 2008, an application was filed in the Ontario Superior Court of Justice for leave to bring a purported class action against AIG, AIGFP, certain directors and officers of AIG and Joseph Cassano, the former Chief Executive Officer of AIGFP, pursuant to the Ontario Securities Act. If the Court grants the application, a class plaintiff will be permitted to file a statement of claim against defendants. The proposed statement of claim would assert a class period of March 16, 2006 through September 16, 2008 and would allege that during this period defendants made false and misleading statements and omissions in quarterly and annual reports and during oral presentations in violation of the Ontario Securities Act.
	On April 17, 2009, defendants filed a motion record in support of their motion to stay or dismiss for lack of jurisdiction and forum non conveniens. On July 12, 2010, the Court adjourned a hearing on the motion pending a decision by the Supreme Court of Canada in a pair of actions captioned Club Resorts Ltd. v. Van Breda 2012 SCC 17 (Van Breda). On April 18, 2012, the Supreme Court of Canada clarified the standard for determining jurisdiction over foreign and out-of-province defendants, such as AIG, by holding that a defendant must have some form of "actual," as opposed to a merely "virtual," presence in order to be deemed to be "doing business" in the jurisdiction. The Supreme Court of Canada also suggested that in future cases, defendants may contest jurisdiction even when they are found to be doing business in a Canadian jurisdiction if their business activities in the jurisdiction are unrelated to the subject matter of the litigation. The matter has been stayed pending further developments in the Consolidated 2008 Securities Litigation.
	In plaintiff's proposed statement of claim, plaintiff alleged general and special damages of $500 million and punitive damages of $50 million plus prejudgment interest or such other sums as the Court finds appropriate. As of October 31, 2013 the Court has not determined whether it has jurisdiction or granted plaintiff's application to file a statement of claim, no merits discovery has occurred and the action has been stayed. As a result, we are unable to reasonably estimate the possible loss or range of losses, if any, arising from the litigation.
	Starr International Litigation
	On November 21, 2011, Starr International Company, Inc. (SICO) filed a complaint against the United States in the United States Court of Federal Claims (the Court of Federal Claims), bringing claims, both individually and on behalf of the classes defined below and derivatively on behalf of AIG (the SICO Treasury Action). The complaint challenges the government's assistance of AIG, pursuant to which AIG entered into a credit facility with the Federal Reserve Bank of New York (the FRBNY, and such credit facility, the FRBNY Credit Facility) and the United States received an approximately 80 percent ownership in AIG. The complaint alleges that the interest rate imposed on AIG and the appropriation of approximately 80 percent of AIG's equity was discriminatory, unprecedented, and inconsistent with liquidity assistance offered by the government to other comparable firms at the time and violated the Equal Protection, Due Process, and Takings Clauses of the U.S. Constitution.
	On November 21, 2011, SICO also filed a second complaint in the Southern District of New York against the FRBNY bringing claims, both individually and on behalf of all others similarly situated and derivatively on behalf of AIG (the SICO New York Action). This complaint also challenges the government's assistance of AIG, pursuant to which AIG entered into the FRBNY Credit Facility and the United States received an approximately 80 percent ownership in AIG. The complaint alleges that the FRBNY owed fiduciary duties to AIG as our controlling shareholder, and that the FRBNY breached these fiduciary duties by "divert[ing] the rights and assets of AIG and its shareholders to itself and favored third parties" through transactions involving Maiden Lane III LLC (ML III), an entity controlled by the FRBNY, and by "participating in, and causing AIG's officers and directors to participate in, the evasion of AIG's existing Common Stock shareholders' right to approve the massive issuance of the new Common Shares required to complete the government's taking of a nearly 80 percent interest in the Common Stock of AIG." SICO also alleges that the "FRBNY has asserted that in exercising its control over, and acting on behalf of, AIG it did not act in an official, governmental capacity or at the direction of the United States," but that "[t]o the extent the proof at or prior to trial shows that the FRBNY did in fact act in a governmental capacity, or at the direction of the United States, the improper conduct . . . constitutes the discriminatory takings of the property and property rights of AIG without due process or just compensation."
	On January 31, 2012 and February 1, 2012, amended complaints were filed in the Court of Federal Claims and the Southern District of New York, respectively.
	In rulings dated July 2, 2012, and September 17, 2012, the Court of Federal Claims largely denied the United States' motion to dismiss in the SICO Treasury Action. Discovery is proceeding.
	On November 19, 2012, the Southern District of New York granted the FRBNY's motion to dismiss the SICO New York Action. On December 21, 2012, SICO filed a notice of appeal in the United States Court of Appeals for the Second Circuit, which appeal is still pending.
	In both of the actions commenced by SICO, the only claims naming AIG as a party (as a nominal defendant) are derivative claims on behalf of AIG. On September 21, 2012, SICO made a pre-litigation demand on our Board demanding that we pursue the derivative claims in both actions or allow SICO to pursue the claims on our behalf. On January 9, 2013, our Board unanimously refused SICO's demand in its entirety and on January 23, 2013, counsel for the Board sent a letter to counsel for SICO describing the process by which our Board considered and refused SICO's demand and stating the reasons for our Board's determination.
	On March 11, 2013, SICO filed a second amended complaint in the SICO Treasury Action alleging that its demand was wrongfully refused. On June 26, 2013, the Court of Federal Claims granted AIG's and the United States' motions to dismiss SICO's derivative claims in the SICO Treasury Action and denied the United States motion to dismiss SICO's direct claims. On August 16, 2013, the United States filed a motion to certify the Court's June 26, 2013 order for interlocutory appeal. On September 27, 2013, the Court denied the United States' motion to certify the June 26, 2013 order for interlocutory appeal.
	On March 11, 2013, the Court of Federal Claims in the SICO Treasury Action granted SICO's motion for class certification of two classes with respect to SICO's non-derivative claims: (1) persons and entities who held shares of AIG Common Stock on or before September 16, 2008 and who owned those shares on September 22, 2008; and (2) persons and entities who owned shares of AIG Common Stock on June 30, 2009 and were eligible to vote those shares at AIG's June 30, 2009 annual meeting of shareholders. SICO has provided notice of class certification to potential members of the class, who, pursuant to a court order issued on April 25, 2013, had to return opt-in consent forms by September 16, 2013 in order to participate in either class.
	The United States has alleged, as an affirmative defense in its answer, that AIG is obligated to indemnify the FRBNY and its representatives, including the Federal Reserve Board of Governors and the United States (as the FRBNY's principal), for any recovery in the SICO Treasury Action, and seeks a contingent offset or recoupment for the value of net operating loss benefits the United States alleges that we received as a result of the government's assistance. On September 11, 2013, SICO filed a motion to strike the United States' affirmative defenses.
	The FRBNY has also requested indemnification in connection with the SICO New York Action from AIG under the FRBNY Credit Facility and from ML III under the Master Investment and Credit Agreement and the Amended and Restated Limited Liability Company Agreement of ML III.
	Other Litigation Related to AIGFP
	As previously disclosed, on September 30, 2009, Brookfield Asset Management, Inc. and Brysons International, Ltd. (together, Brookfield) filed a complaint against AIG and AIGFP in the Southern District of New York that sought a declaration that a 1990 interest rate swap agreement (the swap agreement) between Brookfield and AIGFP (guaranteed by AIG) terminated upon the occurrence of certain alleged events that Brookfield contended constituted defaults under the swap agreement's standard "bankruptcy" default provision. Brookfield claimed that it was excused from all future payment obligations under the swap agreement on the basis of the purported termination.
	On August 26, 2013, we agreed to the termination of the swap agreement in exchange for the payment from Brookfield to AIGFP of $905 million. This swap agreement was part of the remaining derivatives portfolio of AIGFP and was carried on AIG's June 30, 2013 balance sheet at $900 million. Upon a stipulation of the parties, the court dismissed Brookfield's claims with prejudice on September 24, 2013. The settlement had no material effect on our results of operations for the three- and nine-month periods ended September 30, 2013.
	Employment Litigation against AIG and AIG Global Real Estate Investment Corporation
	On December 9, 2009, AIG Global Real Estate Investment Corporation's (AIGGRE) former President, Kevin P. Fitzpatrick, several entities he controls, and various other single purpose entities (the SPEs) filed a complaint in the Supreme Court of the State of New York, New York County against AIG and AIGGRE (the Defendants). The case was removed to the Southern District of New York, and an amended complaint was filed on March 8, 2010. The amended complaint asserts that the Defendants violated fiduciary duties to Fitzpatrick and his controlled entities and breached Fitzpatrick's employment agreement and agreements of SPEs that purportedly entitled him to carried interest arising out of the sale or disposition of certain real estate. Fitzpatrick has also brought derivative claims on behalf of the SPEs, purporting to allege that the Defendants breached contractual and fiduciary duties in failing to fund the SPEs with various amounts allegedly due under the SPE agreements. Fitzpatrick has also requested injunctive relief, an accounting, and that a receiver be appointed to manage the affairs of the SPEs. He has further alleged that the SPEs are subject to a constructive trust. Fitzpatrick also has alleged a violation of ERISA relating to retirement benefits purportedly due. Fitzpatrick has claimed that he is currently owed damages totaling approximately $274 million (inclusive of interest as of September 3, 2013). Fitzpatrick also seeks a declaratory judgment that he will be entitled to unspecified profit interests whenever AIG sells eight buildings (one of which AIG contends it never owned and another of which AIG has already sold). In addition, Fitzpatrick claims punitive damages for the alleged breaches of fiduciary duties, and he applied to the Court on August 15, 2013 for attorneys' fees in light of discovery sanctions that the Court ordered against AIG in May. Defendants have paid Fitzpatrick all amounts that they believe are currently due and owing pursuant to the various agreements through which he seeks recovery. On February 26, 2013, the Court granted in part and denied in part the parties' cross-motions for partial summary judgment, reserving most issues for trial but finding that summary judgment was appropriate as to one group of properties and that those properties were potentially eligible for carried interest (subject to the resolution of other issues at trial). On June 26, 2013, the Court granted Defendants' motion for reconsideration of that ruling, finding that the jury should decide whether those properties are potentially eligible for carried interest. The Court also ruled that Fitzpatrick may amend his complaint to plead a claim for past due carried interest payments arising out of SPEs created for the purpose of allowing Fitzpatrick and others to invest their own capital in real estate ventures alongside AIG, its affiliates or co-venturers. On March 26, 2013, Fitzpatrick filed a motion for leave to amend his complaint to assert those claims, to add certain additional SPEs as derivative plaintiffs, to clarify and conform to his employment agreement allegations in support of an existing claim for declaratory judgment related to the vesting of carried interest and to assert a claim for declaratory judgment and specific performance, and the court granted that motion on April 25, 2013. Defendants answered and filed their affirmative defenses to that complaint on June 13, 2013. On June 24, 2013, the Court set November 4, 2013 as the first day of trial. On September 27, 2013, the Court granted Fitzpatrick's motion for reconsideration of the June 26, 2013 order granting Defendants' motion for reconsideration. As set forth above, the possible range of our loss is up to $274 million, although Fitzpatrick claims that he is also entitled to additional unspecified amounts of carried interest and punitive damages.
	False Claims Act Complaint
	On February 25, 2010, a complaint was filed in the United States District Court for the Southern District of California by two individuals (Relators) seeking to assert claims on behalf of the United States against AIG and certain other defendants, including Goldman Sachs and Deutsche Bank, under the False Claims Act. Relators filed a first amended complaint on September 30, 2010, adding certain additional defendants, including Bank of America and Société Générale. The first amended complaint alleged that defendants engaged in fraudulent business practices in respect of their activities in the over-the-counter market for collateralized debt obligations, and submitted false claims to the United States in connection with the FRBNY Credit Facility and Maiden Lane II LLC (ML II) and ML III entities (the Maiden Lane Interests) through, among other things, misrepresenting AIG's ability and intent to repay amounts drawn on the FRBNY Credit Facility, and misrepresenting the value of the securities that the Maiden Lane Interests acquired from AIG and certain of its counterparties. The first amended complaint sought unspecified damages pursuant to the False Claims Act in the amount of three times the damages allegedly sustained by the United States as well as interest, attorneys' fees, costs and expenses. The complaint and the first amended complaint were initially filed and maintained under seal while the United States considered whether to intervene in the action. On or about April 28, 2011, after the United States declined to intervene, the District Court lifted the seal, and Relators served the first amended complaint on us on July 11, 2011. On April 19, 2013, the Court granted AIG's motion to dismiss, dismissing the first amended complaint in its entirety, without prejudice, giving the Relators the opportunity to file a second amended complaint. On May 24, 2013, the Relators filed a second amended complaint, which attempts to plead the same claims as the prior complaints and does not specify an amount of alleged damages. AIG and its co-defendants filed motions to dismiss the second amended complaint on August 9, 2013. As a result of the absence of a statement of damages and the early stage of this litigation, we are unable to reasonably estimate the possible loss or range of losses, if any, arising from the litigation.
	Litigation Matters Relating to AIG's Insurance Operations
	Caremark.    AIG and certain of its subsidiaries have been named defendants in two putative class actions in state court in Alabama that arise out of the 1999 settlement of class and derivative litigation involving Caremark Rx, Inc. (Caremark). The plaintiffs in the second-filed action intervened in the first-filed action, and the second-filed action was dismissed. An excess policy issued by a subsidiary of AIG with respect to the 1999 litigation was expressly stated to be without limit of liability. In the current actions, plaintiffs allege that the judge approving the 1999 settlement was misled as to the extent of available insurance coverage and would not have approved the settlement had he known of the existence and/or unlimited nature of the excess policy. They further allege that AIG, its subsidiaries, and Caremark are liable for fraud and suppression for misrepresenting and/or concealing the nature and extent of coverage.
	The complaints filed by the plaintiffs and the intervenors request compensatory damages for the 1999 class in the amount of $3.2 billion, plus punitive damages. AIG and its subsidiaries deny the allegations of fraud and suppression, assert that information concerning the excess policy was publicly disclosed months prior to the approval of the settlement, that the claims are barred by the statute of limitations, and that the statute cannot be tolled in light of the public disclosure of the excess coverage. The plaintiffs and intervenors, in turn, have asserted that the disclosure was insufficient to inform them of the nature of the coverage and did not start the running of the statute of limitations.
	On August 15, 2012, the trial court entered an order granting plaintiffs' motion for class certification. AIG and the other defendants have appealed that order to the Alabama Supreme Court, and the case in the trial court will be stayed until that appeal is resolved. General discovery has not commenced and AIG is unable to reasonably estimate the possible loss or range of losses, if any, arising from the litigation.
	Regulatory and Related Matters
	Our life insurance companies have received and responded to industry-wide regulatory inquiries, including a multi-state audit and market conduct examination covering compliance with unclaimed property laws and a directive from the New York Insurance Department regarding claims settlement practices and other related state regulatory inquiries. The inquiries concern the use of the Social Security Death Master File (SSDMF) to identify potential claims not yet presented to us in the normal course of business. In connection with the resolution of the multi-state examination relating to these matters in the third quarter of 2012, we paid an $11 million regulatory assessment to the various state insurance departments that are parties to the regulatory settlement to defray costs of their examinations and monitoring. Although we have enhanced our claims practices to include use of the SSDMF, it is possible that the settlement remediation requirements, remaining inquiries, other regulatory activity or litigation could result in the payment of additional amounts. AIG has also received a demand letter from a purported AIG shareholder requesting that the Board of Directors investigate these matters, and bring appropriate legal proceedings against any person identified by the investigation as engaging in misconduct. AIG believes it has adequately reserved for such claims, but there can be no assurance that the ultimate cost will not vary, perhaps materially, from its estimate.
	In connection with the previously disclosed multi-state examination of certain accident and health products, including travel products, issued by National Union Fire Insurance Company of Pittsburgh, Pa. (National Union), Chartis Inc., on behalf of itself, National Union, and certain of Chartis Inc.'s insurance and non-insurance companies (collectively, the Chartis parties) entered into a Regulatory Settlement Agreement with regulators from 50 U.S. jurisdictions effective November 29, 2012. Under the agreement, and without admitting any liability for the issues raised in the examination, the Chartis parties (i) paid a civil penalty of $50 million, (ii) entered into a corrective action plan describing agreed-upon specific steps and standards for evaluating the Chartis parties' ongoing compliance with laws and regulations governing the issues identified in the examination, and (iii) agreed to pay a contingent fine in the event that the Chartis parties fail to satisfy certain terms of the corrective action plan. National Union and other AIG companies are also currently subject to civil litigation relating to the conduct of their accident and health business, and may be subject to additional litigation relating to the conduct of such business from time to time in the ordinary course. There can be no assurance that any regulatory action resulting from the issues identified will not have a material adverse effect on our ongoing operations of the business subject to the agreement, or on similar business written by other AIG carriers.
	Industry-wide examinations conducted by the Minnesota Department of Insurance and the Department of Housing and Urban Development (HUD) on captive reinsurance practices by lenders and mortgage insurance companies, including UGC, have been ongoing for several years. In 2011, the Consumer Financial Protection Bureau (CFPB) assumed responsibility for violations of the Real Estate Settlement Procedures Act from HUD, and assumed HUD's aforementioned ongoing investigation. In June 2012, the CFPB issued a Civil Investigative Demand (CID) to UGC and other mortgage insurance companies, requesting the production of documents and answers to written questions. The CFPB agreed to toll the deadlines associated with the CID pending discussions that could resolve the investigation. UGC and the CFPB reached a settlement, entered on April 8, 2013 by the United States District Court for the Southern District of Florida, where UGC consented to discontinue its remaining captive reinsurance practices and to pay a civil monetary penalty of $4.5 million to the CFPB. The settlement includes a release for all liability related to UGC's captive reinsurance practices and resolves the CFPB's investigation. UGC has received a proposed consent order from the Minnesota Commissioner of Commerce (the MN Commissioner) which alleges that UGC violated the Real Estate Settlement Procedures Act, the Fair Credit Reporting Act and other state and federal laws in connection with its practices with captive reinsurance companies owned by lenders. UGC is engaged in discussions with the MN Commissioner with respect to the terms of the proposed consent order. UGC cannot predict if or when a consent order may be entered into or, if entered into, what the terms of the final consent order will be. UGC is also currently subject to civil litigation relating to its placement of reinsurance with captives owned by lenders, and may be subject to additional litigation relating to the conduct of such business from time to time in the ordinary course.
	AIG is responding to requests for information and documents by the New York Department of Financial Services (DFS), the Manhattan District Attorney's Office (DANY), and other governmental authorities relating to AIG's formerly wholly owned subsidiaries, ALICO and Delaware American Life Insurance Company (DelAm), and other related business units, which were sold by AIG to MetLife in November 2010. The inquiries relate to whether ALICO, DelAm and their representatives conducted insurance business in New York over an extended period of time without a license, and whether certain representations by ALICO concerning its activities in New York were accurate. See Guarantees — Asset Dispositions — ALICO Sale below.
	Other Contingencies
	Liability for unpaid claims and claims adjustment expense
	Although we regularly review the adequacy of the established Liability for unpaid claims and claims adjustment expense, there can be no assurance that our loss reserves will not develop adversely and have a material adverse effect on our results of operations. Estimation of ultimate net losses, loss expenses and loss reserves is a complex process, particularly for long-tail casualty lines of business, which include, but are not limited to, general liability, commercial automobile liability, environmental, workers' compensation, excess casualty and crisis management coverages, insurance and risk management programs for large corporate customers and other customized structured insurance products, as well as excess and umbrella liability, directors and officers and products liability. Generally, actual historical loss development factors are used to project future loss development. However, there can be no assurance that future loss development patterns will be the same as in the past. Moreover, any deviation in loss cost trends or in loss development factors might not be identified for an extended period of time subsequent to the recording of the initial loss reserve estimates for any accident year. There is the potential for reserves with respect to a number of years to be significantly affected by changes in loss cost trends or loss development factors that were relied upon in setting the reserves. These changes in loss cost trends or loss development factors could be attributable to changes in economic conditions in the United States and abroad, changes in the legal, regulatory, judicial and social environment, changes in medical cost trends (inflation, intensity and utilization of medical services), underlying policy pricing, terms and conditions, and claims handling practices.
	Commitments
	Flight Equipment Related to Business Held for Sale
	At September 30, 2013, ILFC had committed to purchase 338 new aircraft with aggregate estimated total remaining payments of approximately $21.8 billion, which include 10 aircraft through sale-leaseback transactions with airlines, deliverable from 2013 through 2022. ILFC had also committed to purchase two used aircraft and nine new spare engines. ILFC will be required to find lessees for any aircraft acquired and to arrange financing for a substantial portion of the purchase price. These commitments are related to discontinued operations. See Note 4 for a discussion of the ILFC transaction.
	Other Commitments
	In the normal course of business, we enter into commitments to invest in limited partnerships, private equity funds and hedge funds and to purchase and develop real estate in the U.S. and abroad. These commitments totaled $2.5 billion at September 30, 2013.
	Guarantees
	Subsidiaries
	We have issued unconditional guarantees with respect to the prompt payment, when due, of all present and future payment obligations and liabilities of AIG Financial Products Corp. and AIG Trading Group Inc. and their respective subsidiaries (collectively, AIGFP) and of AIG Markets, Inc. (AIG Markets) arising from transactions entered into by AIG Markets.
	In connection with AIGFP's business activities, AIGFP has issued, in a limited number of transactions, standby letters of credit or similar facilities to equity investors in an amount equal to the termination value owing to the equity investor by the lessee in the event of a lessee default (the equity termination value). The total amount outstanding at September 30, 2013 was $306 million. In those transactions, AIGFP has agreed to pay such amount if the lessee fails to pay. The amount payable by AIGFP is, in certain cases, partially offset by amounts payable under other instruments typically equal to the present value of scheduled payments to be made by AIGFP. In the event that AIGFP is required to make a payment to the equity investor, the lessee is unconditionally obligated to reimburse AIGFP. To the extent that the equity investor is paid the equity termination value from the standby letter of credit and/or other sources, including payments by the lessee, AIGFP takes an assignment of the equity investor's rights under the lease of the underlying property. Because the obligations of the lessee under the lease transactions are generally economically defeased, lessee bankruptcy is the most likely circumstance in which AIGFP would be required to pay without reimbursement.
	Asset Dispositions
	General
	We are subject to financial guarantees and indemnity arrangements in connection with the completed sales of businesses pursuant to our asset disposition plan. The various arrangements may be triggered by, among other things, declines in asset values, the occurrence of specified business contingencies, the realization of contingent liabilities, developments in litigation or breaches of representations, warranties or covenants provided by us. These arrangements are typically subject to various time limitations, defined by the contract or by operation of law, such as statutes of limitation. In some cases, the maximum potential obligation is subject to contractual limitations, while in other cases such limitations are not specified or are not applicable.
We are unable to develop a reasonable estimate of the maximum potential payout under certain of these arrangements. Overall, we believe that it is unlikely we will have to make any material payments related to completed sales under these arrangements, and no material liabilities related to these arrangements have been recorded in the Condensed Consolidated Balance Sheets.
ALICO Sale
Pursuant to the terms of the ALICO stock purchase agreement, we have agreed to provide MetLife with certain indemnities. The most significant remaining indemnities include:
•
Indemnifications related to specific product, investment, litigation and other matters that are excluded from the general representations and warranties indemnity. These indemnifications provide for various deductible amounts, which in certain cases are zero, and maximum exposures, which in certain cases are unlimited, and may extend for various periods after the completion of the sale.
•
Tax indemnifications related to insurance reserves that extend for taxable periods ending on or before December 31, 2013 and that are limited to an aggregate of $200 million, and certain other tax-related representations and warranties that extend to the expiration of the statute of limitations and are subject to an aggregate deductible of $50 million.
In connection with the indemnity obligations described above, approximately $20 million of proceeds from the sale of ALICO remained in escrow as of September 30, 2013.
Other
•
See Note 8 for commitments and guarantees associated with VIEs.
•
See Note 9 for disclosures about derivatives.
•
See Note 16 for additional disclosures about guarantees of outstanding debt.

EQUITY

EQUITY	9 Months Ended
	Sep. 30, 2013
EQUITY	'
EQUITY	'
	11. EQUITY
	Shares Outstanding
	The following table presents a rollforward of outstanding shares:
		Common			Treasury			Common Stock
		Stock Issued			Stock			Outstanding
	Nine Months Ended September 30, 2013
	Shares, beginning of year		1,906,611,680			(430,289,745	)		1,476,321,935
	Shares issued		21,749			23,984			45,733
	Shares repurchased		–			(4,023,946	)		(4,023,946	)
	Shares, end of period		1,906,633,429			(434,289,707	)		1,472,343,722
	Dividends and Repurchase of AIG Common Stock
	Payment of future dividends to our shareholders depends in part on the regulatory framework that we are currently subject to and that will ultimately be applicable to us, including as a savings and loan holding company, a systemically important financial institution under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) and a global systemically important insurer. In addition, dividends will be payable on AIG Common Stock only when, as and if declared by our Board of Directors in its discretion, from funds legally available therefor. In considering whether to pay a dividend or purchase shares of AIG Common Stock, our Board of Directors will take into account such matters as the performance of our businesses, our consolidated financial condition, results of operations and liquidity, available capital, the existence of investment opportunities, contractual, legal and regulatory restrictions on the payment of dividends by our subsidiaries, rating agency considerations, including the potential effect on our debt ratings, and such other factors as our Board of Directors may deem relevant.
	On September 26, 2013, AIG paid a dividend of $0.10 per share on AIG Common Stock. On October 31, 2013, our Board of Directors declared a cash dividend of $0.10 per share on AIG Common Stock. See Note 17 herein for further discussion.
	On August 1, 2013, our Board of Directors authorized the repurchase of shares of AIG Common Stock, with an aggregate purchase price of up to $1.0 billion, from time to time in the open market, private purchases, through forward, derivative, accelerated repurchase or automatic repurchase transactions or otherwise. The timing of such repurchases will depend on market conditions, our financial condition, results of operations, liquidity and other factors. For the three- and nine-month periods ended September 30, 2013, we repurchased approximately four million shares of AIG Common Stock for an aggregate purchase price of approximately $192 million pursuant to this authorization.
	See Note 20 to the Consolidated Financial Statements in the 2012 Annual Report for a discussion of restrictions on payments of dividends to AIG Parent by its subsidiaries.
	Accumulated Other Comprehensive Income
	The following table presents a rollforward of Accumulated other comprehensive income:
	(in millions)	Unrealized Appreciation			Unrealized			Foreign			Net Derivative			Change in			Total
		(Depreciation) of Fixed			Appreciation			Currency			Gains (Losses)			Retirement
		Maturity Investments			(Depreciation)			Translation			Arising from			Plan
		on Which Other-Than-			of All Other			Adjustments			Cash Flow			Liabilities
		Temporary Credit			Investments						Hedging			Adjustment
		Impairments Were									Activities
		Recognized
	Balance, December 31, 2012, net of tax	$	575		$	13,446		$	(403	)	$	–		$	(1,044	)	$	12,574
	Change in unrealized appreciation (depreciation) of investments		314			(13,048	)		–			–			–			(12,734	)
	Change in deferred acquisition costs adjustment and other		(108	)		939			–			–			–			831
	Change in future policy benefits		80			2,727			–			–			–			2,807
	Change in foreign currency translation adjustments		–			–			(709	)		–			–			(709	)
	Net actuarial gain		–			–			–			–			94			94
	Prior service cost		–			–			–			–			(39	)		(39	)
	Change in deferred tax asset (liability)		(114	)		3,714			82			–			(20	)		3,662
	Total other comprehensive income (loss)		172			(5,668	)		(627	)		–			35			(6,088	)
	Noncontrolling interests		–			(16	)		(7	)		–			–			(23	)
	Balance, September 30, 2013, net of tax	$	747		$	7,794		$	(1,023	)	$	–		$	(1,009	)	$	6,509
	The following table presents the other comprehensive income reclassification adjustments for the three- and nine-month periods ended September 30, 2013 and 2012:
	(in millions)	Unrealized Appreciation			Unrealized			Foreign			Net Derivative			Change in			Total
		(Depreciation) of Fixed			Appreciation			Currency			Gains (Losses)			Retirement
		Maturity Investments			(Depreciation)			Translation			Arising from			Plan
		on Which Other-Than-			of All Other			Adjustments			Cash Flow			Liabilities
		Temporary Credit			Investments						Hedging			Adjustment
		Impairments Were									Activities
		Recognized
	Three Months Ended September 30, 2013
	Unrealized change arising during period	$	(30	)	$	(652	)	$	(143	)	$	–		$	(44	)	$	(869	)
	Less: Reclassification adjustments included in net income		1			219			–			–			(22	)		198
	Total other comprehensive loss, before income tax expense (benefit)		(31	)		(871	)		(143	)		–			(22	)		(1,067	)
	Less: Income tax expense (benefit)		(8	)		(437	)		(94	)		–			4			(535	)
	Total other comprehensive loss, net of income tax expense (benefit)	$	(23	)	$	(434	)	$	(49	)	$	–		$	(26	)	$	(532	)
	Three Months Ended September 30, 2012
	Unrealized change arising during period	$	922		$	3,600		$	258		$	(1	)	$	1		$	4,780
	Less: Reclassification adjustments included in net income		16			198			–			(4	)		(19	)		191
	Total other comprehensive income, before income tax expense		906			3,402			258			3			20			4,589
	Less: Income tax expense (benefit)		409			1,071			18			1			(9	)		1,490
	Total other comprehensive income, net of income tax expense (benefit)	$	497		$	2,331		$	240		$	2		$	29		$	3,099
	Nine Months Ended September 30, 2013
	Unrealized change arising during period	$	342		$	(8,784	)	$	(709	)	$	–		$	(18	)	$	(9,169	)
	Less: Reclassification adjustments included in net income		56			598			–			–			(73	)		581
	Total other comprehensive income (loss), before income tax expense (benefit)		286			(9,382	)		(709	)		–			55			(9,750	)
	Less: Income tax expense (benefit)		114			(3,714	)		(82	)		–			20			(3,662	)
	Total other comprehensive income (loss), net of income tax expense (benefit)	$	172		$	(5,668	)	$	(627	)	$	–		$	35		$	(6,088	)
	Nine Months Ended September 30, 2012
	Unrealized change arising during period	$	1,949		$	8,072		$	(167	)	$	(2	)	$	5		$	9,857
Less: Reclassification adjustments included in net income		12			1,475			–			(13	)		(61	)		1,413
Total other comprehensive income (loss), before income tax expense (benefit)		1,937			6,597			(167	)		11			66			8,444
Less: Income tax expense (benefit)		810			1,980			(71	)		(14	)		5			2,710
Total other comprehensive income (loss), net of income tax expense (benefit)	$	1,127		$	4,617		$	(96	)	$	25		$	61		$	5,734
The following table presents the effect of the reclassification of significant items out of Accumulated other comprehensive income on the respective line items in the Condensed Consolidated Statements of Income:
	Amount Reclassified from Accumulated
	Other Comprehensive Income
(in millions)	Three Months			Nine Months			Affected Line Item in the Condensed
	Ended			Ended			Consolidated Statements of Income
	September 30,			September 30,
	2013			2013
Unrealized appreciation (depreciation) of fixed maturity investments on which other-than-temporary credit impairments were recognized
Investments	$	1		$	56		Other realized capital gains
Total		1			56
Unrealized appreciation (depreciation) of all other investments
Investments		501			2,093		Other realized capital gains
Deferred acquisition costs adjustment		(39	)		(33	)	Amortization of deferred acquisition costs
Future policy benefits		(243	)		(1,462	)	Policyholder benefits and claims incurred
Total		219			598
Change in retirement plan liabilities adjustment
Prior-service costs		13			35		*
Actuarial gains/(losses)		(35	)		(108	)	*
Total		(22	)		(73	)
Total reclassifications for the period	$	198		$	581
*     These Accumulated other comprehensive income components are included in the computation of net periodic pension cost. See Note 14 to the Condensed Consolidated Financial Statements.

NONCONTROLLING_INTERESTS

NONCONTROLLING INTERESTS	9 Months Ended
	Sep. 30, 2013
NONCONTROLLING INTERESTS	'
NONCONTROLLING INTERESTS	'
	12. NONCONTROLLING INTERESTS
	The following table presents a rollforward of noncontrolling interests:
		Redeemable
		Noncontrolling interests
	(in millions)	Held by			Other			Total			Non-redeemable
		Department of									Noncontrolling
		Treasury									interests
	Nine Months Ended September 30, 2013
	Balance, beginning of year	$	–		$	334		$	334		$	667
	Contributions from noncontrolling interests		–			48			48			25
	Distributions to noncontrolling interests		–			(153	)		(153	)		(37	)
	Consolidation (deconsolidation)		–			(146	)		(146	)		1
	Comprehensive income (loss):
	Net income (loss)		–			–			–			12
	Other comprehensive income (loss), net of tax:
	Unrealized losses on investments		–			(15	)		(15	)		–
	Foreign currency translation adjustments		–			(2	)		(2	)		(6	)
	Total other comprehensive income (loss), net of tax		–			(17	)		(17	)		(6	)
	Total comprehensive income (loss)		–			(17	)		(17	)		6
	Other		–			–			–			(6	)
	Balance, end of period	$	–		$	66		$	66		$	656
	Nine Months Ended September 30, 2012
	Balance, beginning of year	$	8,427		$	96		$	8,523		$	855
	Repayment to Department of the Treasury		(8,635	)		–			(8,635	)		–
	Contributions from noncontrolling interests		–			59			59			58
	Distributions to noncontrolling interests		–			–			–			(175	)
	Consolidation (deconsolidation)		–			(5	)		(5	)		–
	Comprehensive income:
	Net income		208			5			213			40
	Other comprehensive income (loss), net of tax:
	Unrealized gains on investments		–			4			4			3
	Foreign currency translation adjustments		–			–			–			(7	)
	Total other comprehensive income (loss), net of tax		–			4			4			(4	)
	Total comprehensive income		208			9			217			36
	Other		–			–			–			(26	)
	Balance, end of period	$	–		$	159		$	159		$	748

EARNINGS_PER_SHARE_EPS

EARNINGS PER SHARE (EPS)	9 Months Ended
	Sep. 30, 2013
EARNINGS PER SHARE (EPS)	'
EARNINGS PER SHARE (EPS)	'
	13. EARNINGS PER SHARE (EPS)
	The basic EPS computation is based on the weighted average number of common shares outstanding, adjusted to reflect all stock dividends and stock splits. The diluted EPS computation is based on those shares used in the basic EPS computation plus shares that would have been outstanding assuming issuance of common shares for all dilutive potential common shares outstanding, and adjusted to reflect all stock dividends and stock splits.
	The following table presents the computation of basic and diluted EPS:
		Three Months Ended					Nine Months Ended
	(dollars in millions, except per share data)	September 30,					September 30,
		2013			2012		2013		2012
	Numerator for EPS:
	Income from continuing operations	$	2,172		$	1,824	$	7,035	$	7,369
	Less: Net income (loss) from continuing operations attributable to noncontrolling interests:
	Nonvoting, callable, junior and senior preferred interests		–			–		–		208
	Other		(40	)		5		12		45
	Total net income (loss) from continuing operations attributable to noncontrolling interests		(40	)		5		12		253
	Income attributable to AIG from continuing operations		2,212			1,819		7,023		7,116
	Income (loss) attributable to AIG from discontinued operations		(42	)		37		84		280
	Net income attributable to AIG	$	2,170		$	1,856	$	7,107	$	7,396
	Denominator for EPS:
	Weighted average shares outstanding — basic		1,475,053,126			1,642,472,814		1,476,007,034		1,757,955,937
	Dilutive shares		10,269,732			29,437		5,403,839		28,217
	Weighted average shares outstanding — diluted*		1,485,322,858			1,642,502,251		1,481,410,873		1,757,984,154
	Income (loss) per common share attributable to AIG:
	Basic:
	Income from continuing operations	$	1.5		$	1.11	$	4.76	$	4.05
	Income (loss) from discontinued operations	$	(0.03	)	$	0.02	$	0.06	$	0.16
	Net Income attributable to AIG	$	1.47		$	1.13	$	4.82	$	4.21
	Diluted:
	Income from continuing operations	$	1.49		$	1.11	$	4.74	$	4.05
	Income (loss) from discontinued operations	$	(0.03	)	$	0.02	$	0.06	$	0.16
	Net Income attributable to AIG	$	1.46		$	1.13	$	4.8	$	4.21
	*     Dilutive shares are calculated using the treasury stock method and include dilutive shares from share-based employee compensation plans, a weighted average portion of the warrants issued to AIG shareholders as part of the recapitalization in January 2011 and a weighted average portion of the warrants issued to the Department of the Treasury in 2009 that we repurchased in the first quarter of 2013. The number of shares excluded from diluted shares outstanding were 0.4 million and 51 million for the three- and nine-month periods ended September 30, 2013, respectively, and 78 million for both the three- and nine-month periods ended September 30, 2012, because the effect of including those shares in the calculation would have been anti-dilutive.

EMPLOYEE_BENEFITS

EMPLOYEE BENEFITS	9 Months Ended
	Sep. 30, 2013
EMPLOYEE BENEFITS	'
EMPLOYEE BENEFITS	'
	14. EMPLOYEE BENEFITS
	The following table presents the components of net periodic benefit cost with respect to pensions and other postretirement benefits:
		Pension									Postretirement
					Non-U.S. Plans									Non-U.S. Plans
	(in millions)	U.S. Plans						Total			U.S. Plans						Total
	Three Months Ended September 30, 2013
	Components of net periodic benefit cost:
	Service cost	$	71		$	12		$	83		$	1		$	1		$	2
	Interest cost		53			7			60			2			–			2
	Expected return on assets		(64	)		(4	)		(68	)		–			–			–
	Amortization of prior service (credit) cost		(8	)		(1	)		(9	)		(3	)		–			(3	)
	Amortization of net (gain) loss		40			3			43			(1	)		–			(1	)
	Net periodic benefit cost	$	92		$	17		$	109		$	(1	)	$	1		$	–
	Three Months Ended September 30, 2012
	Components of net periodic benefit cost:
	Service cost	$	40		$	13		$	53		$	1		$	1		$	2
	Interest cost		49			8			57			3			1			4
	Expected return on assets		(60	)		(5	)		(65	)		–			–			–
	Amortization of prior service (credit) cost		(8	)		(1	)		(9	)		(3	)		–			(3	)
	Amortization of net (gain) loss		29			3			32			–			–			–
	Other		–			–			–			–			(1	)		(1	)
	Net periodic benefit cost	$	50		$	18		$	68		$	1		$	1		$	2
	Nine Months Ended September 30, 2013
	Components of net periodic benefit cost:
	Service cost	$	159		$	36		$	195		$	4		$	3		$	7
	Interest cost		151			22			173			6			1			7
	Expected return on assets		(193	)		(14	)		(207	)		–			–			–
	Amortization of prior service (credit) cost		(25	)		(2	)		(27	)		(8	)		–			(8	)
	Amortization of net (gain) loss		106			9			115			–			–			–
	Net periodic benefit cost	$	198		$	51		$	249		$	2		$	4		$	6
	Nine Months Ended September 30, 2012
	Components of net periodic benefit cost:
	Service cost	$	116		$	39		$	155		$	4		$	2		$	6
	Interest cost		149			25			174			8			2			10
	Expected return on assets		(180	)		(15	)		(195	)		–			–			–
	Amortization of prior service (credit) cost		(25	)		(3	)		(28	)		(8	)		–			(8	)
	Amortization of net (gain) loss		87			10			97			–			–			–
	Other		–			–			–			–			(1	)		(1	)
	Net periodic benefit cost	$	147		$	56		$	203		$	4		$	3		$	7
	For the nine-month period ended September 30, 2013, we contributed $82 million to our U.S. and non-U.S. pension plans and estimate that we will contribute an additional $18 million for the remainder of 2013. These estimates are subject to change because contribution decisions are affected by various factors, including our liquidity, market performance and management discretion.

INCOME_TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2013
INCOME TAXES	'
INCOME TAXES	'
	15. INCOME TAXES
	Interim Tax Calculation Method
	We use the estimated annual effective tax rate method in computing our interim tax provision. Certain items, including those deemed to be unusual, infrequent or that cannot be reliably estimated, are excluded from the estimated annual effective tax rate. In these cases, the actual tax expense or benefit is reported in the same period as the related item. Certain tax effects are also not reflected in the estimated annual effective tax rate, primarily certain changes in the realizability of deferred tax assets and uncertain tax positions.
	Interim Tax Expense (Benefit)
	For the three- and nine-month periods ended September 30, 2013, the effective tax rate on income from continuing operations was (84.2) percent and 1.7 percent, respectively. The effective tax rate for the three- and nine-month periods ended September 30, 2013, on income from continuing operations differs from the statutory tax rate of 35 percent primarily due to tax effects associated with tax exempt interest income, effective settlements of certain uncertain tax positions, and decreases primarily in AIG Life and Retirement's capital loss carryforward valuation allowance and certain other valuation allowances associated with foreign jurisdictions. The decrease in the capital loss carryforward valuation allowance was primarily attributable to the actual and projected gains from AIG Life and Retirement's available-for-sale securities. For the nine-month period ended September 30, 2013, these items were partially offset by changes in uncertain tax positions.
	For the three- and nine-month periods ended September 30, 2012, the effective tax rate on income from continuing operations was 28.7 percent and 15.2 percent, respectively. The effective tax rate for the three- and nine-month periods ended September 30, 2012, on income from continuing operations differs from the statutory tax rate of 35 percent primarily due to tax effects associated with tax exempt interest income and investments in partnerships, and decreases primarily in AIG Life and Retirement's capital loss carryforward valuation allowance related to the actual and projected gains from AIG Life and Retirement's available-for-sale securities. These items were partially offset by changes in uncertain tax positions.
	Assessment of Deferred Tax Asset Valuation Allowance
	The evaluation of the recoverability of our deferred tax asset and the need for a valuation allowance requires us to weigh all positive and negative evidence to reach a conclusion that it is more likely than not that all or some portion of the deferred tax asset will not be realized. The weight given to the evidence is commensurate with the extent to which it can be objectively verified. The more negative evidence that exists, the more positive evidence is necessary and the more difficult it is to support a conclusion that a valuation allowance is not needed.
	Our framework for assessing the recoverability of the deferred tax asset requires us to consider all available evidence, including:
	•
	the nature, frequency, and amount of cumulative financial reporting income and losses in recent years;
	•
	the sustainability of recent operating profitability of our subsidiaries;
	•
	the predictability of future operating profitability of the character necessary to realize the net deferred tax asset;
	•
	the carryforward period for the net operating loss, capital loss and foreign tax credit carryforwards, including the effect of reversing taxable temporary differences; and
	•
	prudent and feasible actions and tax planning strategies that would be implemented, if necessary, to protect against the loss of the deferred tax asset.
	As a result of sales in the ordinary course of business to manage our investment portfolio and the application of prudent and feasible tax planning strategies, during the three-month period ended September 30, 2013, we determined that an additional portion of primarily AIG Life and Retirement's capital loss carryforwards will more-likely-than-not be realized prior to their expiration.
	For the three-month period ended September 30, 2013, we recognized a $0.9 billion decrease to our deferred tax asset valuation allowance associated with AIG Life and Retirement's capital loss carryforwards, of which $0.8 billion was allocated to income from continuing operations and $0.1 billion was allocated to other comprehensive income. During the three-month period ended September 30, 2013, we also recognized a $0.3 billion decrease to our deferred tax asset valuation allowance associated with certain foreign jurisdictions, primarily attributable to our ability to demonstrate profits within those jurisdictions over the relevant carryforward periods.
	For the nine-month period ended September 30, 2013, we recognized a $2.3 billion decrease to our deferred tax asset valuation allowance associated with AIG Life and Retirement's capital loss carryforwards, of which $2.1 billion was allocated to income from continuing operations and $0.2 billion was allocated to other comprehensive income. During the nine-month period ended September 30, 2013, we also recognized a $0.5 billion decrease to our deferred tax asset valuation allowance associated with certain state, local and foreign jurisdictions, primarily attributable to our ability to demonstrate profits within those jurisdictions over the relevant carryforward periods.
	For the three-month period ended September 30, 2012, we recognized a $0.2 billion decrease to our deferred tax asset valuation allowance associated with AIG Life and Retirement's capital loss carryforwards, all of which was allocated to income from continuing operations. For the nine-month period ended September 30, 2012, we recognized a $1.7 billion decrease to our deferred tax asset valuation allowance associated with AIG Life and Retirement's capital loss carryforwards, of which $1.6 billion was allocated to income from continuing operations and $0.1 billion was allocated to other comprehensive income.
	Additional AIG Life and Retirement's capital loss carryforwards may be realized in the future if and when other prudent and feasible tax planning strategies are identified. Changes in market conditions, including rising interest rates above our projections, may result in a reduction in projected taxable gains and increases to certain deferred tax asset valuation allowances.
	Tax Examinations and Litigation
	On March 29, 2013, the U.S. District Court for the Southern District of New York, denied our motion for partial summary judgment related to the disallowance of foreign tax credits associated with cross border financing transactions. On April 17, 2013, we initiated a request for certification of the court's decision for immediate appeal to the United States Court of Appeals for the Second Circuit. We will vigorously defend our position, and continue to believe that we have adequate reserves for any liability that could result from the IRS actions.
	Accounting for Uncertainty in Income Taxes
	At September 30, 2013 and December 31, 2012, our unrecognized tax benefits, excluding interest and penalties, were $4.6 billion and $4.4 billion, respectively. The increase from December 31, 2012 was primarily due to foreign tax credits associated with cross border financing transactions, partially offset by certain benefits realized due to the partial completion of the IRS examination covering the years 2003-2005. At September 30, 2013 and December 31, 2012, our unrecognized tax benefits included $0.01 billion and $0.2 billion, respectively, related to tax positions that if recognized would not affect the effective tax rate because they relate to the timing, rather than the permissibility, of the deduction. Accordingly, at September 30, 2013 and December 31, 2012, the amounts of unrecognized tax benefits that, if recognized, would favorably affect the effective tax rate were $4.6 billion and $4.2 billion, respectively.
	Interest and penalties related to unrecognized tax benefits are recognized in income tax expense. At September 30, 2013 and December 31, 2012, we accrued $890 million and $935 million, respectively, for the payment of interest (net of the federal benefit) and penalties. For the nine-month periods ended September 30, 2013 and 2012, we recognized $(45) million and $181 million, respectively, of income tax expense (benefit) for interest net of the federal benefit (expense) and penalties.
	We regularly evaluate adjustments proposed by taxing authorities. At September 30, 2013, such proposed adjustments would not have resulted in a material change to our consolidated financial condition, although it is possible that the effect could be material to our consolidated results of operations for an individual reporting period. Although it is reasonably possible that a change in the balance of unrecognized tax benefits may occur within the next 12 months, based on the information currently available, we do not expect any change to be material to our consolidated financial condition or results of operations.

INFORMATION_PROVIDED_IN_CONNEC

INFORMATION PROVIDED IN CONNECTION WITH OUTSTANDING DEBT	9 Months Ended
	Sep. 30, 2013
INFORMATION PROVIDED IN CONNECTION WITH OUTSTANDING DEBT	'
INFORMATION PROVIDED IN CONNECTION WITH OUTSTANDING DEBT	'
	16. INFORMATION PROVIDED IN CONNECTION WITH OUTSTANDING DEBT
	The following condensed consolidating financial statements reflect the results of AIG Life Holdings, Inc. (AIGLH), a holding company and a wholly owned subsidiary of AIG. AIG provides a full and unconditional guarantee of all outstanding debt of AIGLH.
	Condensed Consolidating Balance Sheets
	(in millions)	American			AIGLH			Other			Reclassifications			Consolidated
		International						Subsidiaries			and			AIG
		Group, Inc.									Eliminations
		(As Guarantor)
	30-Sep-13
	Assets:
	Short-term investments	$	12,612		$	–		$	11,741		$	(1,896	)	$	22,457
	Other investments(a)		7,361			–			328,484			–			335,845
	Total investments		19,973			–			340,225			(1,896	)		358,302
	Cash		62			5			1,991			–			2,058
	Loans to subsidiaries(b)		31,376			–			955			(32,331	)		–
	Investment in consolidated subsidiaries(b)		68,252			39,624			–			(107,876	)		–
	Other assets, including deferred income taxes		26,342			97			124,712			(887	)		150,264
	Assets held for sale		–			–			30,120			–			30,120
	Total assets	$	146,005		$	39,726		$	498,003		$	(142,990	)	$	540,744
	Liabilities:
	Insurance liabilities	$	–		$	–		$	273,501		$	–		$	273,501
	Long-term debt		31,393			1,352			9,486			–			42,231
	Other liabilities, including intercompany balances(a)(c)		14,908			114			87,732			(2,705	)		100,049
	Loans from subsidiaries(b)		911			268			31,334			(32,513	)		–
	Liabilities held for sale		–			–			25,448			–			25,448
	Total liabilities		47,212			1,734			427,501			(35,218	)		441,229
	Redeemable noncontrolling interests (see Note 12)		–			–			66			–			66
	Total AIG shareholders' equity		98,793			37,992			69,780			(107,772	)		98,793
	Non-redeemable noncontrolling interests		–			–			656			–			656
	Total equity		98,793			37,992			70,436			(107,772	)		99,449
	Total liabilities and equity	$	146,005		$	39,726		$	498,003		$	(142,990	)	$	540,744
	31-Dec-12
	Assets:
	Short-term investments	$	14,764		$	–		$	18,323		$	(4,279	)	$	28,808
	Other investments(a)		3,902			–			345,706			(2,592	)		347,016
	Total investments		18,666			–			364,029			(6,871	)		375,824
	Cash		81			73			997			–			1,151
	Loans to subsidiaries(b)		35,064			–			5,169			(40,233	)		–
	Investment in consolidated subsidiaries(b)		70,781			43,891			(28,239	)		(86,433	)		–
	Other assets, including deferred income taxes		23,153			150			121,345			(4,955	)		139,693
	Assets held for sale		–			–			31,965			–			31,965
	Total assets	$	147,745		$	44,114		$	495,266		$	(138,492	)	$	548,633
	Liabilities:
	Insurance liabilities	$	–		$	–		$	280,533		$	(235	)	$	280,298
	Long-term debt		36,366			1,638			10,197			299			48,500
	Other liabilities, including intercompany balances(a)(c)		12,375			261			89,976			(9,146	)		93,466
	Loans from subsidiaries(b)		1,002			472			41,754			(43,228	)		–
	Liabilities held for sale		–			–			27,366			–			27,366
	Total liabilities		49,743			2,371			449,826			(52,310	)		449,630
	Redeemable noncontrolling interests (see Note 12)		–			–			192			142			334
	Total AIG shareholders' equity		98,002			41,743			44,955			(86,698	)		98,002
	Non-redeemable noncontrolling interests		–			–			293			374			667
	Total equity		98,002			41,743			45,248			(86,324	)		98,669
	Total liabilities and equity	$	147,745		$	44,114		$	495,266		$	(138,492	)	$	548,633
	(a)  Includes intercompany derivative positions, which are reported at fair value before credit valuation adjustment.
	(b)  Eliminated in consolidation.
	(c)  For September 30, 2013 and December 31, 2012, includes intercompany tax payables of $8.6 billion and $6.1 billion, respectively, and intercompany derivative liabilities of $353 million and $602 million, respectively, for American International Group, Inc. (As Guarantor) and intercompany tax receivables for $82 million and $120 million, respectively, for AIGLH.
	Condensed Consolidating Statements of Income
	(in millions)	American			AIGLH			Other			Reclassifications			Consolidated
		International						Subsidiaries			and			AIG
		Group, Inc.									Eliminations
		(As Guarantor)
	Three Months Ended September 30, 2013
	Revenues:
Equity in earnings of consolidated subsidiaries*	$	1,992		$	1,368		$	–		$	(3,360	)	$	–
Other income		64			1			14,866			(105	)		14,826
Total revenues		2,056			1,369			14,866			(3,465	)		14,826
Expenses:
Interest expense		465			29			59			(37	)		516
Loss on extinguishment of debt		81			–			–			–			81
Other expenses		668			3			12,410			(31	)		13,050
Total expenses		1,214			32			12,469			(68	)		13,647
Income (loss) from continuing operations before income tax expense (benefit)		842			1,337			2,397			(3,397	)		1,179
Income tax expense (benefit)		(1,328	)		(13	)		361			(13	)		(993	)
Income (loss) from continuing operations		2,170			1,350			2,036			(3,384	)		2,172
Loss from discontinued operations, net of income taxes		–			–			(42	)		–			(42	)
Net income (loss)		2,170			1,350			1,994			(3,384	)		2,130
Less:
Net loss from continuing operations attributable to noncontrolling interests		–			–			(40	)		–			(40	)
Net income (loss) attributable to AIG	$	2,170		$	1,350		$	2,034		$	(3,384	)	$	2,170
Three Months Ended September 30, 2012
Revenues:
Equity in earnings of consolidated subsidiaries*	$	1,811		$	1,580		$	–		$	(3,391	)	$	–
Change in fair value of ML III		330			–			–			–			330
Other income		373			–			16,080			(61	)		16,392
Total revenues		2,514			1,580			16,080			(3,452	)		16,722
Expenses:
Interest expense		550			38			74			(60	)		602
Other expenses		173			–			13,389			–			13,562
Total expenses		723			38			13,463			(60	)		14,164
Income (loss) from continuing operations before income tax expense (benefit)		1,791			1,542			2,617			(3,392	)		2,558
Income tax expense (benefit)		(65	)		117			682			–			734
Income (loss) from continuing operations		1,856			1,425			1,935			(3,392	)		1,824
Income from discontinued operations, net of income taxes		–			–			37			–			37
Net income (loss)		1,856			1,425			1,972			(3,392	)		1,861
Less:
Net income from continuing operations attributable to noncontrolling interests:
Other		–			–			5			–			5
Net income from continuing operations attributable to noncontrolling interests		–			–			5			–			5
Net income (loss) attributable to AIG	$	1,856		$	1,425		$	1,967		$	(3,392	)	$	1,856
(in millions)	American			AIGLH			Other			Reclassifications			Consolidated
	International						Subsidiaries			and			AIG
	Group, Inc.									Eliminations
	(As Guarantor)
Nine Months Ended September 30, 2013
Revenues:
Equity in earnings of consolidated subsidiaries*	$	6,257		$	2,792		$	–		$	(9,049	)	$	–
Other income		1,031			1			47,255			(258	)		48,029
Total revenues		7,288			2,793			47,255			(9,307	)		48,029
Expenses:
Interest expense		1,475			97			177			(121	)		1,628
Loss on extinguishment of debt		388			–			71			–			459
Other expenses		1,261			74			37,537			(88	)		38,784
Total expenses		3,124			171			37,785			(209	)		40,871
Income (loss) from continuing operations before income tax expense (benefit)		4,164			2,622			9,470			(9,098	)		7,158
Income tax expense (benefit)		(2,946	)		(27	)		3,113			(17	)		123
Income (loss) from continuing operations		7,110			2,649			6,357			(9,081	)		7,035
Income (loss) from discontinued operations, net of income taxes		(3	)		–			87			–			84
Net income (loss)		7,107			2,649			6,444			(9,081	)		7,119
Less:
Net income from continuing operations attributable to noncontrolling interests		–			–			12			–			12
Net income (loss) attributable to AIG	$	7,107		$	2,649		$	6,432		$	(9,081	)	$	7,107
Nine Months Ended September 30, 2012
Revenues:
Equity in earnings of consolidated subsidiaries*	$	5,757		$	1,716		$	–		$	(7,473	)	$	–
Change in fair value of ML III		2,287			–			601			–			2,888
Other income		1,074			49			46,759			(330	)		47,552
Total revenues		9,118			1,765			47,360			(7,803	)		50,440
Expenses:
Interest expense		1,719			136			207			(328	)		1,734
Net loss on extinguishment of debt		9			–			–			–			9
Other expenses		1,278			–			38,726			–			40,004
Total expenses		3,006			136			38,933			(328	)		41,747
Income (loss) from continuing operations before income tax expense (benefit)		6,112			1,629			8,427			(7,475	)		8,693
Income tax expense (benefit)		(1,284	)		580			2,028			–			1,324
Income (loss) from continuing operations		7,396			1,049			6,399			(7,475	)		7,369
Income from discontinued operations, net of income taxes		–			–			280			–			280
Net income (loss)		7,396			1,049			6,679			(7,475	)		7,649
Less:
Net income (loss) from continuing operations attributable to noncontrolling interests:
Nonvoting, callable, junior and senior preferred interests		–			–			–			208			208
Other		–			–			45			–			45
Net income from continuing operations attributable to noncontrolling interests		–			–			45			208			253
Net income (loss) attributable to AIG	$	7,396		$	1,049		$	6,634		$	(7,683	)	$	7,396
*     Eliminated in consolidation.
Condensed Consolidating Statements of Comprehensive Income
(in millions)	American			AIGLH			Other			Reclassifications			Consolidated
	International						Subsidiaries			and			AIG
	Group, Inc.									Eliminations
	(As Guarantor)
Three Months Ended September 30, 2013
Net income (loss)	$	2,170		$	1,350		$	1,994		$	(3,384	)	$	2,130
Other comprehensive income (loss)		(530	)		(299	)		(498	)		795			(532	)
Comprehensive income (loss)		1,640			1,051			1,496			(2,589	)		1,598
Total comprehensive loss attributable to noncontrolling interests		–			–			(42	)		–			(42	)
Comprehensive income (loss) attributable to AIG	$	1,640		$	1,051		$	1,538		$	(2,589	)	$	1,640
Three Months Ended September 30, 2012
Net income (loss)	$	1,856		$	1,425		$	1,972		$	(3,392	)	$	1,861
Other comprehensive income (loss)		3,096			1,995			3,096			(5,088	)		3,099
Comprehensive income (loss)		4,952			3,420			5,068			(8,480	)		4,960
Total comprehensive income attributable to noncontrolling interests		–			–			8			–			8
Comprehensive income (loss) attributable to AIG	$	4,952		$	3,420		$	5,060		$	(8,480	)	$	4,952
Nine Months Ended September 30, 2013
Net income (loss)	$	7,107		$	2,649		$	6,444		$	(9,081	)	$	7,119
Other comprehensive income (loss)		(6,065	)		(4,289	)		(6,125	)		10,391			(6,088	)
Comprehensive income (loss)		1,042			(1,640	)		319			1,310			1,031
Total comprehensive loss attributable to noncontrolling interests		–			–			(11	)		–			(11	)
Comprehensive income (loss) attributable to AIG	$	1,042		$	(1,640	)	$	330		$	1,310		$	1,042
Nine Months Ended September 30, 2012
Net income (loss)	$	7,396		$	1,049		$	6,679		$	(7,475	)	$	7,649
Other comprehensive income (loss)		5,734			3,754			6,791			(10,545	)		5,734
Comprehensive income (loss)		13,130			4,803			13,470			(18,020	)		13,383
Total comprehensive income attributable to noncontrolling interests		–			–			45			208			253
Comprehensive income (loss) attributable to AIG	$	13,130		$	4,803		$	13,425		$	(18,228	)	$	13,130
Condensed Consolidating Statements of Cash Flows
(in millions)	American			AIGLH			Other			Consolidated
	International						Subsidiaries			AIG
	Group, Inc.						and
	(As Guarantor)						Eliminations
Nine Months Ended September 30, 2013
Net cash (used in) provided by operating activities — continuing operations	$	3,078		$	3,082		$	(4,236	)	$	1,924
Net cash provided by operating activities — discontinued operations		–			–			2,024			2,024
Net cash (used in) provided by operating activities		3,078			3,082			(2,212	)		3,948
Cash flows from investing activities:
Sales of investments		1,065			–			57,607			58,672
Purchase of investments		(4,981	)		–			(54,232	)		(59,213	)
Loans to subsidiaries — net		3,491			–			(3,491	)		–
Contributions to subsidiaries — net		(240	)		(1	)		241			–
Net change in restricted cash		428			–			549			977
Net change in short-term investments		2,552			–			4,249			6,801
Other, net		194			–			(1,063	)		(869	)
Net cash (used in) provided by investing activities — continuing operations		2,509			(1	)		3,860			6,368
Net cash provided by investing activities — discontinued operations		–			–			150			150
Net cash (used in) provided by investing activities		2,509			(1	)		4,010			6,518
Cash flows from financing activities:
Issuance of long-term debt		1,020			–			722			1,742
Repayments of long-term debt		(5,866	)		(245	)		(1,270	)		(7,381	)
Purchase of Common Stock		(192	)		–			–			(192	)
Intercompany loans — net		(89	)		(205	)		294			–
Cash dividends paid		(147	)		(2,699	)		2,699			(147	)
Other, net		(332	)		–			(996	)		(1,328	)
Net cash (used in) provided by financing activities — continuing operations		(5,606	)		(3,149	)		1,449			(7,306	)
Net cash (used in) financing activities — discontinued operations		–			–			(2,166	)		(2,166	)
Net cash (used in) financing activities		(5,606	)		(3,149	)		(717	)		(9,472	)
Effect of exchange rate changes on cash		–			–			(79	)		(79	)
Change in cash		(19	)		(68	)		1,002			915
Cash at beginning of year		81			73			997			1,151
Reclassification to assets held for sale		–			–			(8	)		(8	)
Cash at end of period	$	62		$	5		$	1,991		$	2,058
Nine Months Ended September 30, 2012
Net cash (used in) provided by operating activities — continuing operations	$	1,275		$	2,243		$	(2,928	)	$	590
Net cash provided by operating activities — discontinued operations		–			–			2,249			2,249
Net cash (used in) provided by operating activities		1,275			2,243			(679	)		2,839
Cash flows from investing activities:
Sales of investments		9,806			–			65,131			74,937
Purchase of investments		(4,339	)		–			(51,709	)		(56,048	)
Loans to subsidiaries — net		1,730			–			(1,730	)		–
Contributions to subsidiaries — net		954			–			(954	)		–
Net change in restricted cash		(381	)		–			1,032			651
Net change in short-term investments		4,881			–			(3,081	)		1,800
Other, net		252			–			(429	)		(177	)
Net cash provided by investing activities — continuing operations		12,903			–			8,260			21,163
Net cash (used in) investing activities — discontinued operations		–			–			(2,005	)		(2,005	)
Net cash provided by investing activities		12,903			–			6,255			19,158
Cash flows from financing activities:
Issuance of long-term debt		3,754			–			750			4,504
Repayments of long-term debt		(2,995	)		–			(3,176	)		(6,171	)
Intercompany loans — net		(1,944	)		(2,256	)		4,200			–
Purchase of common stock		(13,000	)		–			–			(13,000	)
Other, net		(44	)		–			(6,871	)		(6,915	)
Net cash (used in) financing activities — continuing operations		(14,229	)		(2,256	)		(5,097	)		(21,582	)
Net cash (used in) financing activities — discontinued operations		–			–			(272	)		(272	)
Net cash (used in) financing activities		(14,229	)		(2,256	)		(5,369	)		(21,854	)
Effect of exchange rate changes on cash		–			–			(9	)		(9	)
Change in cash		(51	)		(13	)		198			134
Cash at beginning of year		176			13			1,285			1,474
Cash at end of period	$	125		$	–		$	1,483		$	1,608
Supplementary Disclosure of Condensed Consolidating Cash Flow Information
(in millions)	American			AIGLH			Other			Consolidated
	International						Subsidiaries			AIG
	Group, Inc.						and
	(As Guarantor)						Eliminations
Cash (paid) received during the nine month period ended September 30, 2013 period for:
Interest:
Third party	$	(1,473	)	$	(98	)	$	(1,380	)	$	(2,951	)
Intercompany		(9	)		(21	)		30			–
Taxes:
Income tax authorities	$	(160	)	$	–		$	(218	)	$	(378	)
Intercompany		1,116			(78	)		(1,038	)		–
Cash (paid) received during the nine month period ended September 30, 2012 period for:
Interest:
Third party	$	(1,535	)	$	(109	)	$	(1,412	)	$	(3,056	)
Intercompany		(129	)		(49	)		178			–
Taxes:
Income tax authorities	$	(6	)	$	–		$	(397	)	$	(403	)
Intercompany		884			(41	)		(843	)		–
American International Group, Inc. (As Guarantor) supplementary disclosure of non-cash activities:
Nine Months Ended September 30,	2013			2012
(in millions)
Intercompany non-cash financing and investing activities:
Capital contributions
in the form of bond available for sale securities	$	–		$	959
to subsidiaries through forgiveness of loans		341
Return of capital and dividend received
in the form of cancellation of intercompany loan		–			9,303
in the form of bond trading securities		–			3,320
Other capital contributions — net		523			339

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2013
SUBSEQUENT EVENTS	'
SUBSEQUENT EVENTS	'
	17. SUBSEQUENT EVENTS
	Debt Issuance
	On October 2, 2013, we issued $1.0 billion aggregate principal amount of 4.125% senior notes due 2024.
	Dividends Declared
	On October 31, 2013, our Board of Directors declared a cash dividend on AIG Common Stock of $0.10 per share, payable on December 19, 2013 to shareholders of record on December 5, 2013. The payment of any future dividends will be at the discretion of our Board of Directors and will depend on various factors, including the regulatory framework applicable to us. See Note 11 for further discussion.

BASIS_OF_PRESENTATION_Policies

BASIS OF PRESENTATION (Policies)	9 Months Ended
	Sep. 30, 2013
BASIS OF PRESENTATION	'
Presentation Changes	'
	Presentation Changes
	Advisory fee income, and the related commissions and advisory fee expenses of AIG Life and Retirement's broker dealer business, are now being presented on a gross basis within Other income and Other expenses, respectively. Previously, these amounts were included on a net basis within Policy fees in AIG's Condensed Consolidated Statements of Income and in AIG Life and Retirement's segment results.
	In addition, policyholder benefits related to certain payout annuities, primarily with life contingent features, are now being presented in the Condensed Consolidated Balance Sheets as Future policy benefits for life and accident and health insurance contracts instead of as Policyholder contract deposits.
	Prior period amounts were conformed to the current period presentation. These changes did not affect Income from continuing operations before income tax expense, Net income attributable to AIG or Total liabilities.
Use of Estimates	'
	Use of Estimates
	The preparation of financial statements in accordance with GAAP requires the application of accounting policies that often involves a significant degree of judgment. Accounting policies that are most dependent on the application of estimates and assumptions are considered our critical accounting estimates and are related to the determination of:
	•
	classification of International Lease Finance Corporation (ILFC) as held for sale and related fair value measurement;
	•
	insurance liabilities, including property casualty and mortgage guaranty unpaid claims and claims adjustment expense and future policy benefits for life and accident and health contracts;
	•
	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;
	•
	recoverability of assets, including reinsurance assets;
	•
	estimated gross profits for investment-oriented products;
	•
	other-than-temporary impairments of financial instruments;
	•
	liabilities for legal contingencies; and
	•
	fair value measurements of certain financial assets and liabilities.
	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.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2013
New Accounting Pronouncements or Change in Accounting Principles	'
Future Application of Accounting Standards	'
	Future Application of Accounting Standards
	Certain Obligations Resulting from Joint and Several Liability Arrangements
	In February 2013, the FASB issued an accounting standard that requires us to measure obligations resulting from joint and several liability arrangements for which the total amount of the obligation is fixed at the reporting date as the sum of (i) the amount we agreed to pay on the basis of our arrangement among our co-obligors and (ii) any additional amount we expect to pay on behalf of our co-obligors.
	The standard is effective for fiscal years and interim periods beginning after December 15, 2013, but earlier adoption is permitted. Upon adoption, the standard should be applied retrospectively to all prior periods presented. We plan to adopt the standard on its required effective date of January 1, 2014 and do not expect the adoption of the standard to have a material effect on our consolidated financial condition, results of operations or cash flows.
	Parent's Accounting for the Cumulative Translation Adjustment upon Derecognition of an Investment within a Foreign Entity or of an Investment in a Foreign Entity
	In March 2013, the FASB issued an accounting standard addressing whether consolidation guidance or foreign currency guidance applies to the release of the cumulative translation adjustment into net income when a parent sells all or a part of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or net assets that are a business (other than a sale of in-substance real estate) within a foreign entity. The guidance also resolves the diversity in practice for the cumulative translation adjustment treatment in business combinations achieved in stages involving foreign entities.
	Under this standard, the entire amount of the cumulative translation adjustment associated with the foreign entity should be released into earnings when there has been: (i) a sale of a subsidiary or group of net assets within a foreign entity and the sale represents a complete or substantially complete liquidation of the foreign entity in which the subsidiary or the net assets had resided; (ii) a loss of a controlling financial interest in an investment in a foreign entity; or (iii) a change in accounting method from applying the equity method to an investment in a foreign entity to consolidating the foreign entity.
	The standard is effective for fiscal years and interim periods beginning after December 15, 2013, and will be applied prospectively. We plan to adopt the standard on its required effective date of January 1, 2014 and do not expect the adoption of the standard to have a material effect on our consolidated financial condition, results of operations or cash flows.
	Investment Company Guidance
	In June 2013, the FASB issued an accounting standard that amends the criteria a company must meet to qualify as an investment company, clarifies the measurement guidance, and requires new disclosures for investment companies. An entity that is regulated by the Securities and Exchange Commission under the Investment Company Act of 1940 (the 1940 Act) qualifies as an investment company. Entities that are not regulated under the 1940 Act must have certain fundamental characteristics and must consider other characteristics to determine whether they qualify as investment companies. An entity's purpose and design should be considered when making the assessment.
	The standard is effective for fiscal years and interim periods beginning after December 15, 2013. Earlier adoption is prohibited. An entity that no longer meets the requirements to be an investment company as a result of this standard should present the change in its status as a cumulative-effect adjustment to retained earnings as of the beginning of the period of adoption. An entity that is an investment company should apply the guidance prospectively as an adjustment to opening net assets as of the effective date. The adjustment to net assets represents both the difference between the fair value and the carrying amount of the entity's investments and any amount previously recognized in accumulated other comprehensive income. We plan to adopt the standard on its required effective date of January 1, 2014 and do not expect the adoption of the standard to have a material effect on our consolidated financial condition, results of operations or cash flows.
	Presentation of Unrecognized Tax Benefits
	In July 2013, the FASB issued an accounting standard that requires a liability related to unrecognized tax benefits to be presented as a reduction to the related deferred tax asset for a net operating loss carryforward or a tax credit carryforward (the Carryforwards). When the Carryforwards are not available at the reporting date under the tax law of the applicable jurisdiction or the tax law of the applicable jurisdiction does not require, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit will be presented in the financial statements as a liability and will not be combined with the related deferred tax asset.
	The standard is effective for fiscal years and interim periods beginning after December 15, 2013, but earlier adoption is permitted. Upon adoption, the standard should be applied prospectively to unrecognized tax benefits that existed at the effective date. Retrospective application is permitted. We plan to adopt the standard prospectively on its required effective date of January 1, 2014 and do not expect the adoption of the standard to have a material effect on our consolidated financial condition, results of operations or cash flows.
2013	'
New Accounting Pronouncements or Change in Accounting Principles	'
Accounting Standards Adopted	'
	Accounting Standards Adopted During 2013
	Testing Indefinite-Lived Intangible Assets for Impairment
	In July 2012, the Financial Accounting Standards Board (FASB) issued an accounting standard that allows a company, as a first step in an impairment review, to assess qualitatively whether it is more likely than not that an indefinite-lived intangible asset is impaired. We are not required to calculate the fair value of an indefinite-lived intangible asset and perform a quantitative impairment test unless we determine, based on the results of the qualitative assessment, that it is more likely than not the asset is impaired.
	The standard became effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. We adopted the standard on its required effective date of January 1, 2013. The adoption of this standard had no material effect on our consolidated financial condition, results of operations or cash flows.
	Disclosures about Offsetting Assets and Liabilities
	In January 2013, the FASB issued an accounting standard that clarifies the scope of transactions subject to disclosures about offsetting assets and liabilities. The standard applies to derivatives, repurchase agreements and reverse repurchase agreements, and securities borrowing and securities lending transactions that are offset either in accordance with specific criteria contained in the FASB Accounting Standards Codification or subject to a master netting arrangement or similar agreement.
	The standard became effective for fiscal years and interim periods beginning on or after January 1, 2013. We adopted the standard on its required effective date of January 1, 2013 and applied it retrospectively to all comparative periods presented. The adoption of this standard had no material effect on our consolidated financial condition, results of operations or cash flows.
	Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income
	In February 2013, the FASB issued an accounting standard requiring us to disclose the effect of reclassifying significant items out of accumulated other comprehensive income on the respective line items of net income or to provide a cross-reference to other disclosures required under GAAP.
	The standard became effective for annual and interim reporting periods beginning after December 15, 2012. We adopted the standard on its required effective date of January 1, 2013. The adoption of this standard had no effect on our consolidated financial condition, results of operations or cash flows.
	Inclusion of the Federal Funds Effective Swap Rate as a Benchmark Interest Rate for Hedge Accounting Purposes
	In July 2013, the FASB issued an accounting standard that permits the Federal Funds Effective Swap Rate (or Overnight Index Swap Rate) to be used as a U.S. benchmark interest rate for hedge accounting purposes in addition to U.S. Treasury rates and LIBOR. The standard also removes the prohibition on the use of differing benchmark rates when entering into similar hedging relationships.
	The standard became effective on a prospective basis for qualifying new or redesignated hedging relationships entered into on or after July 17, 2013 to the extent the Federal Funds Effective Swap Rate is used as a U.S. benchmark interest rate for hedge accounting purposes. We adopted the standard on its effective date of July 17, 2013. The adoption of this standard had no material effect on our consolidated financial condition, results of operations or cash flows.

SEGMENT_INFORMATION_Tables

SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2013
SEGMENT INFORMATION	'
Schedule of operations by reportable segment	'
		2013						2012
	Three Months Ended September 30,	Total Revenues			Pre-tax Income			Total Revenues			Pre-tax Income
	(in millions)				(Loss) from						(Loss) from
					continuing operations						continuing operations
	AIG Property Casualty
	Commercial Insurance	$	5,760		$	610		$	5,927		$	371
	Consumer Insurance		3,359			93			3,582			152
	Other		489			326			640			426
	Total AIG Property Casualty		9,608			1,029			10,149			949
	AIG Life and Retirement
	Retail		2,884			941			2,747			531
	Institutional		1,760			300			2,000			358
	Total AIG Life and Retirement		4,644			1,241			4,747			889
	Other Operations
	Mortgage Guaranty		236			43			218			6
	Global Capital Markets		87			29			235			190
	Direct Investment book		147			52			506			406
	Retained Interests		–			–			857			857
	Corporate & Other		217			(1,250	)		412			(566	)
	Consolidation and elimination		(9	)		1			(15	)		(2	)
	Total Other Operations		678			(1,125	)		2,213			891
	AIG Consolidation and elimination		(104	)		34			(387	)		(171	)
	Total AIG Consolidated	$	14,826		$	1,179		$	16,722		$	2,558
		2013						2012
	Nine Months Ended September 30,	Total Revenues			Pre-tax Income			Total Revenues			Pre-tax Income
	(in millions)				(Loss) from						(Loss) from
					continuing operations						continuing operations
	AIG Property Casualty
	Commercial Insurance	$	17,229		$	2,186		$	17,871		$	1,761
	Consumer Insurance		10,212			337			10,758			578
	Other		1,892			1,278			1,338			481
	Total AIG Property Casualty		29,333			3,801			29,967			2,820
	AIG Life and Retirement
	Retail		9,326			3,114			7,647			1,356
	Institutional		6,106			1,416			5,430			1,172
	Total AIG Life and Retirement		15,432			4,530			13,077			2,528
	Other Operations
	Mortgage Guaranty		710			162			642			62
	Global Capital Markets		592			431			405			253
	Direct Investment book		1,373			1,084			1,434			1,139
	Retained Interests		–			–			4,717			4,717
	Corporate & Other		1,030			(2,949	)		925			(2,659	)
	Consolidation and elimination		(28	)		3			(38	)		(1	)
	Total Other Operations		3,677			(1,269	)		8,085			3,511
	AIG Consolidation and elimination		(413	)		96			(689	)		(166	)
	Total AIG Consolidated	$	48,029		$	7,158		$	50,440		$	8,693

HELDFORSALE_CLASSIFICATION_AND1

HELD-FOR-SALE CLASSIFICATION AND DISCONTINUED OPERATIONS (Tables)	9 Months Ended
	Sep. 30, 2013
HELD-FOR-SALE CLASSIFICATION AND DISCONTINUED OPERATIONS	'
Summary of assets and liabilities held for sale	'
	(in millions)	September 30,			December 31,
		2013			2012
	Assets:
	Equity securities	$	2		$	1
	Mortgage and other loans receivable, net		178			117
	Flight equipment primarily under operating leases,  net of accumulated depreciation		35,256			34,468
	Short-term investments		548			1,861
	Cash		71			63
	Premiums and other receivables, net of allowance		300			308
	Other assets		2,238			1,864
	Assets held for sale		38,593			38,682
	Less: Loss accrual		(8,473	)		(6,717	)
	Total assets held for sale	$	30,120		$	31,965
	Liabilities:
	Other liabilities	$	3,195		$	3,043
	Long-term debt		22,253			24,323
	Total liabilities held for sale	$	25,448		$	27,366
Summary of income (loss) from discontinued operations	'
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
	(in millions)	2013			2012			2013			2012
	Revenues:
	Aircraft leasing revenue	$	1,120		$	1,147		$	3,313		$	3,426
	Net realized capital gains		1			1			–			–
	Other income (loss)		(3	)		(5	)		(10	)		(14	)
	Total revenues		1,118			1,143			3,303			3,412
	Benefits, claims and expenses, excluding Aircraft leasing expenses		341			386			1,112			1,184
	Aircraft leasing expenses		196			720			376			1,991
	Income from discontinued operations		581			37			1,815			237
	Gain (loss) on sale		(609	)		–			(1,636	)		12
	Income (loss) from discontinued operations, before income tax (benefit) expense		(28	)		37			179			249
	Income tax (benefit) expense		14			–			95			(31	)
	Income (loss) from discontinued operations, net of income tax	$	(42	)	$	37		$	84		$	280

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2013
FAIR VALUE MEASUREMENTS	'
Assets and liabilities measured at fair value on a recurring basis	'
	September 30, 2013		Level 1			Level 2			Level 3			Counterparty			Cash			Total
	(in millions)											Netting(a)			Collateral(b)
	Assets:
	Bonds available for sale:
	U.S. government and government sponsored entities		$	100		$	3,335		$	–		$	–		$	–		$	3,435
	Obligations of states, municipalities and political subdivisions			–			29,827			1,054			–			–			30,881
	Non-U.S. governments			424			22,589			21			–			–			23,034
	Corporate debt			–			142,726			1,442			–			–			144,168
	RMBS			–			22,390			14,086			–			–			36,476
	CMBS			–			5,896			5,616			–			–			11,512
	CDO/ABS			–			3,744			6,651			–			–			10,395
	Total bonds available for sale			524			230,507			28,870			–			–			259,901
	Bond trading securities:
	U.S. government and government sponsored entities			83			5,784			–			–			–			5,867
	Obligations of states, municipalities and political subdivisions			–			181			–			–			–			181
	Non-U.S. governments			–			2			–			–			–			2
	Corporate debt			–			1,147			–			–			–			1,147
	RMBS			–			1,363			815			–			–			2,178
	CMBS			–			623			831			–			–			1,454
	CDO/ABS			–			3,174			8,881			–			–			12,055
	Total bond trading securities			83			12,274			10,527			–			–			22,884
	Equity securities available for sale:
	Common stock			2,991			–			27			–			–			3,018
	Preferred stock			–			29			48			–			–			77
	Mutual funds			276			7			–			–			–			283
	Total equity securities available for sale			3,267			36			75			–			–			3,378
	Equity securities trading			721			86			–			–			–			807
	Mortgage and other loans receivable			–			–			–			–			–			–
	Other invested assets			5			2,318			5,748			–			–			8,071
	Derivative assets:
	Interest rate contracts			5			3,970			38			–			–			4,013
	Foreign exchange contracts			–			41			–			–			–			41
	Equity contracts			113			57			83			–			–			253
	Commodity contracts			–			–			1			–			–			1
	Credit contracts			–			1			55			–			–			56
	Other contracts			–			–			33			–			–			33
	Counterparty netting and cash collateral			–			–			–			(1,863	)		(811	)		(2,674	)
	Total derivative assets			118			4,069			210			(1,863	)		(811	)		1,723
	Short-term investments			339			5,034			–			–			–			5,373
	Separate account assets			62,944			3,015			–			–			–			65,959
	Other assets			–			486			–			–			–			486
	Total		$	68,001		$	257,825		$	45,430		$	(1,863	)	$	(811	)	$	368,582
	Liabilities:
	Policyholder contract deposits		$	–		$	–		$	387		$	–		$	–		$	387
	Derivative liabilities:
	Interest rate contracts			–			3,960			165			–			–			4,125
	Foreign exchange contracts			–			275			–			–			–			275
	Equity contracts			–			94			1			–			–			95
	Commodity contracts			–			4			–			–			–			4
	Credit contracts			–			–			1,561			–			–			1,561
	Other contracts			–			25			164			–			–			189
	Counterparty netting and cash collateral			–			–			–			(1,863	)		(1,664	)		(3,527	)
	Total derivative liabilities			–			4,358			1,891			(1,863	)		(1,664	)		2,722
	Long-term debt			–			6,538			443			–			–			6,981
	Other liabilities			73			693			–			–			–			766
	Total		$	73		$	11,589		$	2,721		$	(1,863	)	$	(1,664	)	$	10,856
	December 31, 2012		Level 1			Level 2			Level 3			Counterparty			Cash			Total
	(in millions)											Netting(a)			Collateral(b)
	Assets:
	Bonds available for sale:
	U.S. government and government sponsored entities		$	–		$	3,483		$	–		$	–		$	–		$	3,483
	Obligations of states, municipalities and political subdivisions			–			34,681			1,024			–			–			35,705
	Non-U.S. governments			1,004			25,782			14			–			–			26,800
Corporate debt			–			149,625			1,487			–			–			151,112
RMBS			–			22,730			11,662			–			–			34,392
CMBS			–			5,010			4,905			–			–			9,915
CDO/ABS			–			3,492			5,060			–			–			8,552
Total bonds available for sale			1,004			244,803			24,152			–			–			269,959
Bond trading securities:
U.S. government and government sponsored entities			266			6,528			–			–			–			6,794
Non-U.S. governments			–			2			–			–			–			2
Corporate debt			–			1,320			–			–			–			1,320
RMBS			–			1,331			396			–			–			1,727
CMBS			–			1,424			803			–			–			2,227
CDO/ABS			–			3,969			8,545			–			–			12,514
Total bond trading securities			266			14,574			9,744			–			–			24,584
Equity securities available for sale:
Common stock			3,002			3			24			–			–			3,029
Preferred stock			–			34			44			–			–			78
Mutual funds			83			22			–			–			–			105
Total equity securities available for sale			3,085			59			68			–			–			3,212
Equity securities trading			578			84			–			–			–			662
Mortgage and other loans receivable			–			134			–			–			–			134
Other invested assets			125			1,542			5,389			–			–			7,056
Derivative assets:
Interest rate contracts			2			5,521			956			–			–			6,479
Foreign exchange contracts			–			104			–			–			–			104
Equity contracts			104			63			54			–			–			221
Commodity contracts			–			144			1			–			–			145
Credit contracts			–			–			60			–			–			60
Other contracts			–			–			38			–			–			38
Counterparty netting and cash collateral			–			–			–			(2,467	)		(909	)		(3,376	)
Total derivative assets			106			5,832			1,109			(2,467	)		(909	)		3,671
Short-term investments			285			7,771			–			–			–			8,056
Separate account assets			54,430			2,907			–			–			–			57,337
Other assets			–			696			–			–			–			696
Total		$	59,879		$	278,402		$	40,462		$	(2,467	)	$	(909	)	$	375,367
Liabilities:
Policyholder contract deposits		$	–		$	–		$	1,257		$	–		$	–		$	1,257
Derivative liabilities:
Interest rate contracts			–			5,582			224			–			–			5,806
Foreign exchange contracts			–			174			–			–			–			174
Equity contracts			–			114			7			–			–			121
Commodity contracts			–			146			–			–			–			146
Credit contracts			–			–			2,051			–			–			2,051
Other contracts			–			6			200			–			–			206
Counterparty netting and cash collateral			–			–			–			(2,467	)		(1,976	)		(4,443	)
Total derivative liabilities			–			6,022			2,482			(2,467	)		(1,976	)		4,061
Long-term debt			–			7,711			344			–			–			8,055
Other liabilities			30			1,050			–			–			–			1,080
Total		$	30		$	14,783		$	4,083		$	(2,467	)	$	(1,976	)	$	14,453
(a)  Represents netting of derivative exposures covered by a qualifying master netting agreement.
(b)  Represents cash collateral posted and received. Securities collateral posted for derivative transactions that is reflected in Fixed maturity securities in the Condensed Consolidated Balance Sheets, and collateral received, not reflected in the Condensed Consolidated Balance Sheets, was $1.4 billion and $160 million, respectively, at September 30, 2013 and $1.9 billion and $299 million, respectively, at December 31, 2012.
Changes in Level 3 recurring fair value measurements	'
	(in millions)		Fair Value			Net			Other			Purchases,			Gross			Gross			Fair Value			Changes in
			Beginning			Realized and			Comprehensive			Sales,			Transfers			Transfers			End			Unrealized Gains
			of Period(a)			Unrealized			Income (Loss)			Issues and			in			out			of Period			(Losses) Included
						Gains (Losses)						Settlements, Net												in Income on
						Included																		Instruments Held
						in Income																		at End of Period
	Three Months Ended September 30, 2013
	Assets:
	Bonds available for sale:
	Obligations of states, municipalities and political subdivisions		$	945		$	4		$	(28	)	$	160		$	–		$	(27	)	$	1,054		$	–
	Non-U.S. governments			20			–			–			1			–			–			21			–
	Corporate debt			1,634			(3	)		5			–			39			(233	)		1,442			–
	RMBS			13,694			216			(60	)		127			167			(58	)		14,086			–
	CMBS			5,455			4			55			102			–			–			5,616			–
	CDO/ABS			6,142			37			(47	)		363			289			(133	)		6,651			–
	Total bonds available for sale			27,890			258			(75	)		753			495			(451	)		28,870			–
	Bond trading securities:
	RMBS			782			14			–			(8	)		27			–			815			13
	CMBS			820			33			–			(53	)		31			–			831			29
	CDO/ABS			8,972			243			–			(557	)		223			–			8,881			217
	Total bond trading securities			10,574			290			–			(618	)		281			–			10,527			259
	Equity securities available for sale:
	Common stock			76			–			(1	)		(48	)		–			–			27			–
	Preferred stock			48			–			–			–			–			–			48			–
	Total equity securities available for sale			124			–			(1	)		(48	)		–			–			75			–
	Other invested assets			5,639			(25	)		78			55			1			–			5,748			–
	Total		$	44,227		$	523		$	2		$	142		$	777		$	(451	)	$	45,220		$	259
	Liabilities:
	Policyholder contract deposits		$	(586	)	$	250		$	–		$	(51	)	$	–		$	–		$	(387	)	$	218
	Derivative liabilities, net:
	Interest rate contracts			779			6			–			(912	)		–			–			(127	)		3
	Equity contracts			70			12			–			(1	)		1			–			82			10
	Commodity contracts			1			–			–			–			–			–			1			–
	Credit contracts			(1,594	)		52			–			36			–			–			(1,506	)		91
	Other contracts			(105	)		16			(25	)		(16	)		(1	)		–			(131	)		8
	Total derivative liabilities, net			(849	)		86			(25	)		(893	)		–			–			(1,681	)		112
	Long-term debt(b)			(419	)		(25	)		–			1			–			–			(443	)		(19	)
	Total		$	(1,854	)	$	311		$	(25	)	$	(943	)	$	–		$	–		$	(2,511	)	$	311
	(in millions)		Fair Value			Net			Other			Purchases,			Gross			Gross			Fair Value			Changes in
			Beginning			Realized and			Comprehensive			Sales,			Transfers			Transfers			End			Unrealized Gains
			of Period(a)			Unrealized			Income (Loss)			Issues and			in			out			of Period			(Losses) Included
						Gains (Losses)						Settlements, Net												in Income on
						Included																		Instruments Held
						in Income																		at End of Period
	Nine Months Ended September 30, 2013
	Assets:
	Bonds available for sale:
	Obligations of states, municipalities and political subdivisions		$	1,024		$	29		$	(178	)	$	365		$	–		$	(186	)	$	1,054		$	–
	Non-U.S. governments			14			–			–			7			1			(1	)		21			–
	Corporate debt			1,487			(7	)		(9	)		30			371			(430	)		1,442			–
	RMBS			11,662			624			279			1,393			186			(58	)		14,086			–
	CMBS			5,124			15			75			290			161			(49	)		5,616			–
	CDO/ABS			4,841			134			(47	)		1,383			668			(328	)		6,651			–
	Total bonds available for sale			24,152			795			120			3,468			1,387			(1,052	)		28,870			–
	Bond trading securities:
	RMBS			396			24			–			130			265			–			815			(27	)
	CMBS			812			44			–			(193	)		282			(114	)		831			(13	)
	CDO/ABS			8,536			1,096			–			(1,566	)		843			(28	)		8,881			434
	Total bond trading securities			9,744			1,164			–			(1,629	)		1,390			(142	)		10,527			394
	Equity securities available for sale:
	Common stock			24			–			4			(1	)		–			–			27			–
	Preferred stock			44			–			4			–			–			–			48			–
	Total equity securities available for sale			68			–			8			(1	)		–			–			75			–
Other invested assets			5,389			144			88			95			345			(313	)		5,748			–
Total		$	39,353		$	2,103		$	216		$	1,933		$	3,122		$	(1,507	)	$	45,220		$	394
Liabilities:
Policyholder contract deposits		$	(1,257	)	$	865		$	–		$	5		$	–		$	–		$	(387	)	$	825
Derivative liabilities, net:
Interest rate contracts			732			20			–			(879	)		–			–			(127	)		33
Equity contracts			47			49			–			(14	)		–			–			82			40
Commodity contracts			1			–			–			(1	)		–			1			1			(1	)
Credit contracts			(1,991	)		365			–			120			–			–			(1,506	)		486
Other contracts			(162	)		35			(16	)		13			(1	)		–			(131	)		8
Total derivative liabilities, net			(1,373	)		469			(16	)		(761	)		(1	)		1			(1,681	)		566
Long-term debt(b)			(344	)		(120	)		–			23			(2	)		–			(443	)		(41	)
Total		$	(2,974	)	$	1,214		$	(16	)	$	(733	)	$	(3	)	$	1		$	(2,511	)	$	1,350
(in millions)		Fair value			Net			Other			Purchases,			Gross			Gross			Fair value			Changes in
		Beginning			Realized and			Comprehensive			Sales,			Transfers			Transfers			End			Unrealized Gains
		of Period(a)			Unrealized			Income (Loss)			Issues and			In			Out			of Period			(Losses) Included
					Gains (Losses)						Settlements, Net												in Income on
					Included																		Instruments Held
					in Income																		at End of Period
Three Months Ended September 30, 2012
Assets:
Bonds available for sale:
Obligations of states, municipalities
and political subdivisions		$	1,013		$	16		$	–		$	102		$	25		$	(52	)	$	1,104		$	–
Non-U.S. governments			13			1			(1	)		2			–			(1	)		14			–
Corporate debt			1,306			10			35			94			233			(66	)		1,612			–
RMBS			10,488			197			1,029			(678	)		566			(114	)		11,488			–
CMBS			4,643			(17	)		271			115			1			–			5,013			–
CDO/ABS			5,074			87			82			(129	)		63			(528	)		4,649			–
Total bonds available for sale			22,537			294			1,416			(494	)		888			(761	)		23,880			–
Bond trading securities:
Corporate debt			3			–			–			(1	)		–			–			2			–
RMBS			290			40			–			(56	)		97			(1	)		370			12
CMBS			457			(3	)		–			1			157			–			612			(19	)
CDO/ABS			14,647			581			–			(6,780	)		57			–			8,505			427
Total bond trading securities			15,397			618			–			(6,836	)		311			(1	)		9,489			420
Equity securities available for sale:
Common stock			41			–			(1	)		–			–			–			40			–
Preferred stock			139			15			(12	)		(104	)		8			(1	)		45			–
Total equity securities available for sale			180			15			(13	)		(104	)		8			(1	)		85			–
Mortgage and other loans receivable			1			–			–			–			–			–			1			–
Other invested assets			7,049			22			8			(90	)		126			(45	)		7,070			–
Total		$	45,164		$	949		$	1,411		$	(7,524	)	$	1,333		$	(808	)	$	40,525		$	420
Liabilities:
Policyholder contract deposits		$	(1,188	)	$	(45	)	$	(72	)	$	(3	)	$	–		$	–		$	(1,308	)	$	(100	)
Derivative liabilities, net:
Interest rate contracts			761			(55	)		–			47			–			–			753			(7	)
Equity contracts			28			18			–			(4	)		1			–			43			–
Commodity contracts			2			4			–			(3	)		–			(2	)		1			–
Credit contracts			(2,587	)		208			–			89			–			–			(2,290	)		238
Other contracts			(154	)		(122	)		(6	)		73			16			–			(193	)		(17	)
Total derivatives liabilities, net			(1,950	)		53			(6	)		202			17			(2	)		(1,686	)		214
Long-term debt(b)			(407	)		(27	)		–			61			(34	)		–			(407	)		(25	)
Total		$	(3,545	)	$	(19	)	$	(78	)	$	260		$	(17	)	$	(2	)	$	(3,401	)	$	89
(in millions)		Fair value			Net			Other			Purchases,			Gross			Gross			Fair value			Changes in
		Beginning			Realized and			Comprehensive			Sales,			Transfers			Transfers			End			Unrealized Gains
		of Period(a)			Unrealized			Income (Loss)			Issues and			In			Out			of Period			(Losses) Included
					Gains (Losses)						Settlements, Net												in Income on
					Included																		Instruments Held
					in Income																		at End of Period
Nine Months Ended September 30, 2012
Assets:
Bonds available for sale:
Obligations of states, municipalities
and political subdivisions		$	960		$	48		$	11		$	139		$	70		$	(124	)	$	1,104		$	–
Non-U.S. governments			9			1			–			–			5			(1	)		14			–
Corporate debt			1,935			(7	)		104			96			579			(1,095	)		1,612			–
RMBS			10,877			322			1,832			32			921			(2,496	)		11,488			–
CMBS			3,955			(84	)		572			618			44			(92	)		5,013			–
CDO/ABS			4,220			127			348			(150	)		669			(565	)		4,649			–
Total bonds available for sale			21,956			407			2,867			735			2,288			(4,373	)		23,880			–
Bond trading securities:
Corporate debt			7			–			–			(5	)		–			–			2			–
RMBS			303			68			–			(94	)		97			(4	)		370			18
CMBS			554			46			–			(121	)		193			(60	)		612			45
CDO/ABS			8,432			3,646			–			(3,630	)		57			–			8,505			2,635
Total bond trading securities			9,296			3,760			–			(3,850	)		347			(64	)		9,489			2,698
Equity securities available for sale:
Common stock			57			23			(13	)		(33	)		6			–			40			–
Preferred stock			99			17			(35	)		(35	)		11			(12	)		45			–
Total equity securities available for sale			156			40			(48	)		(68	)		17			(12	)		85			–
Mortgage and other loans receivable			1			–			–			–			–			–			1			–
Other invested assets			6,618			(157	)		284			(57	)		886			(504	)		7,070			–
Total		$	38,027		$	4,050		$	3,103		$	(3,240	)	$	3,538		$	(4,953	)	$	40,525		$	2,698
Liabilities:
Policyholder contract deposits		$	(918	)	$	(314	)	$	(72	)	$	(4	)	$	–		$	–		$	(1,308	)	$	(325	)
Derivative liabilities, net:
Interest rate contracts			785			(9	)		–			(23	)		–			–			753			12
Foreign exchange contracts			2			–			–			(2	)		–			–			–			–
Equity contracts			28			7			–			9			(1	)		–			43			–
Commodity contracts			2			4			–			(5	)		–			–			1			–
Credit contracts			(3,273	)		409			–			574			–			–			(2,290	)		876
Other contracts			33			(110	)		(4	)		(5	)		(107	)		–			(193	)		(29	)
Total derivatives liabilities, net			(2,423	)		301			(4	)		548			(108	)		–			(1,686	)		859
Long-term debt(b)			(508	)		(405	)		(77	)		197			(34	)		420			(407	)		(223	)
Total		$	(3,849	)	$	(418	)	$	(153	)	$	741		$	(142	)	$	420		$	(3,401	)	$	311
(a)  Total Level 3 derivative exposures have been netted in these tables for presentation purposes only.
(b)  Includes guaranteed investment agreements (GIAs), notes, bonds, loans and mortgages payable.
Schedule of net realized and unrealized gains and losses related to Level 3 items	'
	(in millions)		Net			Net Realized			Other			Total
			Investment			Capital			Income
			Income			Gains (Losses)
	Three Months Ended September 30, 2013
	Bonds available for sale		$	264		$	(21	)	$	15		$	258
	Bond trading securities			86			7			197			290
	Equity securities available for sale			–			–			–			–
	Other invested assets			(12	)		(5	)		(8	)		(25	)
	Policyholder contract deposits			–			250			–			250
	Derivative liabilities, net			11			8			67			86
	Long-term debt			–			–			(25	)		(25	)
	Three Months Ended September 30, 2012
	Bonds available for sale		$	218		$	51		$	25		$	294
	Bond trading securities			491			–			127			618
	Equity securities available for sale			–			15			–			15
	Other invested assets			6			(16	)		32			22
	Policyholder contract deposits			–			(45	)		–			(45	)
	Derivative liabilities, net			–			(39	)		92			53
	Long-term debt			–			–			(27	)		(27	)
	Nine Months Ended September 30, 2013
	Bonds available for sale		$	713		$	(8	)	$	90		$	795
	Bond trading securities			114			8			1,042			1,164
	Equity securities available for sale			–			–			–			–
	Other invested assets			142			(34	)		36			144
	Policyholder contract deposits			–			865			–			865
	Derivative liabilities, net			26			25			418			469
	Long-term debt			–			–			(120	)		(120	)
	Nine Months Ended September 30, 2012
	Bonds available for sale		$	683		$	(333	)	$	57		$	407
	Bond trading securities			3,330			–			430			3,760
	Equity securities available for sale			–			40			–			40
	Other invested assets			(3	)		(189	)		35			(157	)
	Policyholder contract deposits			–			(314	)		–			(314	)
	Derivative liabilities, net			(1	)		22			280			301
	Long-term debt			–			–			(405	)		(405	)
Gross components of purchases, sales, issuances and settlements, net	'
	(in millions)		Purchases			Sales			Settlements			Purchases,
												Sales, Issues and
												Settlements, Net(a)
	Three Months Ended September 30, 2013
	Assets:
	Bonds available for sale:
	Obligations of states, municipalities and political subdivisions		$	194		$	(34	)	$	–		$	160
	Non-U.S. governments			1			–			–			1
	Corporate debt			146			–			(146	)		–
	RMBS			750			–			(623	)		127
	CMBS			179			(3	)		(74	)		102
	CDO/ABS			628			–			(265	)		363
	Total bonds available for sale			1,898			(37	)		(1,108	)		753
	Bond trading securities:
	RMBS			31			(12	)		(27	)		(8	)
	CMBS			–			(9	)		(44	)		(53	)
	CDO/ABS			–			(66	)		(491	)		(557	)
	Total bond trading securities			31			(87	)		(562	)		(618	)
	Equity securities available for sale			–			–			(48	)		(48	)
	Other invested assets			249			(3	)		(191	)		55
	Total assets		$	2,178		$	(127	)	$	(1,909	)	$	142
	Liabilities:
	Policyholder contract deposits		$	–		$	(4	)	$	(47	)	$	(51	)
	Derivative liabilities, net			4			–			(897	)		(893	)
	Long-term debt(b)			–			–			1			1
	Total liabilities		$	4		$	(4	)	$	(943	)	$	(943	)
	Three Months Ended September 30, 2012
	Assets:
	Bonds available for sale:
	Obligations of states, municipalities and political subdivisions		$	189		$	(53	)	$	(34	)	$	102
	Non-U.S. governments			3			–			(1	)		2
	Corporate debt			139			(6	)		(39	)		94
	RMBS			198			(360	)		(516	)		(678	)
	CMBS			299			(127	)		(57	)		115
	CDO/ABS			210			–			(339	)		(129	)
	Total bonds available for sale			1,038			(546	)		(986	)		(494	)
	Bond trading securities:
	Corporate debt			–			–			(1	)		(1	)
	RMBS			–			(45	)		(11	)		(56	)
	CMBS			11			–			(10	)		1
	CDO/ABS			2,191			(6	)		(8,965	)		(6,780	)
	Total bond trading securities			2,202			(51	)		(8,987	)		(6,836	)
	Equity securities available for sale			–			(22	)		(82	)		(104	)
	Other invested assets			129			(30	)		(189	)		(90	)
	Total assets		$	3,369		$	(649	)	$	(10,244	)	$	(7,524	)
	Liabilities:
	Policyholder contract deposits		$	–		$	(6	)	$	3		$	(3	)
	Derivative liabilities, net			6			–			196			202
	Long-term debt(b)			–			–			61			61
	Total liabilities		$	6		$	(6	)	$	260		$	260
	(in millions)		Purchases			Sales			Settlements			Purchases,
												Sales, Issues and
												Settlements, Net(a)
	Nine Months Ended September 30, 2013
	Assets:
	Bonds available for sale:
	Obligations of states, municipalities and political subdivisions		$	502		$	(137	)	$	–		$	365
	Non-U.S. governments			9			–			(2	)		7
	Corporate debt			454			(114	)		(310	)		30
	RMBS			3,462			(231	)		(1,838	)		1,393
	CMBS			872			(167	)		(415	)		290
	CDO/ABS			2,099			(159	)		(557	)		1,383
	Total bonds available for sale			7,398			(808	)		(3,122	)		3,468
Bond trading securities:
RMBS			244			(12	)		(102	)		130
CMBS			19			(67	)		(145	)		(193	)
CDO/ABS			318			(66	)		(1,818	)		(1,566	)
Total bond trading securities			581			(145	)		(2,065	)		(1,629	)
Equity securities available for sale			58			(11	)		(48	)		(1	)
Other invested assets			697			(49	)		(553	)		95
Total assets		$	8,734		$	(1,013	)	$	(5,788	)	$	1,933
Liabilities:
Policyholder contract deposits		$	–		$	(16	)	$	21		$	5
Derivative liabilities, net			9			(1	)		(769	)		(761	)
Long-term debt(b)			–			–			23			23
Total liabilities		$	9		$	(17	)	$	(725	)	$	(733	)
Nine Months Ended September 30, 2012
Assets:
Bonds available for sale:
Obligations of states, municipalities and political subdivisions		$	394		$	(219	)	$	(36	)	$	139
Non-U.S. governments			4			(3	)		(1	)		–
Corporate debt			280			(59	)		(125	)		96
RMBS			2,308			(722	)		(1,554	)		32
CMBS			1,021			(260	)		(143	)		618
CDO/ABS			730			(4	)		(876	)		(150	)
Total bonds available for sale			4,737			(1,267	)		(2,735	)		735
Bond trading securities:
Corporate debt			–			–			(5	)		(5	)
RMBS			–			(45	)		(49	)		(94	)
CMBS			194			(106	)		(209	)		(121	)
CDO/ABS			7,216			(6	)		(10,840	)		(3,630	)
Total bond trading securities			7,410			(157	)		(11,103	)		(3,850	)
Equity securities available for sale			67			(55	)		(80	)		(68	)
Other invested assets			529			(63	)		(523	)		(57	)
Total assets		$	12,743		$	(1,542	)	$	(14,441	)	$	(3,240	)
Liabilities:
Policyholder contract deposits		$	–		$	(20	)	$	16		$	(4	)
Derivative liabilities, net			8			–			540			548
Long-term debt(b)			–			–			197			197
Total liabilities		$	8		$	(20	)	$	753		$	741
(a)  There were no issuances during the three- and nine-month periods ended September 30, 2013 and 2012.
(b)  Includes GIAs, notes, bonds, loans and mortgages payable.
Significant unobservable inputs used for recurring fair value measurements	'
	(in millions)		Fair Value at			Valuation		Unobservable Input(a)		Range
			September 30,			Technique				(Weighted Average)(a)
			2013
	Assets:
	Corporate debt		$	1,082		Discounted cash flow		Yield(b)		4.20% – 10.58% (7.39%)
	RMBS			13,752		Discounted cash flow		Constant prepayment rate(c)		0.00% – 9.94% (4.59%)
								Loss severity(c)		42.05% – 79.27% (60.66%)
								Constant default rate(c)		3.91% – 12.51% (8.21%)
								Yield(c)		2.80% – 7.74% (5.27%)
	Certain CDO/ABS			5,421		Discounted cash flow		Constant prepayment rate(c)		5.30% – 13.10% (9.30%)
								Loss severity(c)		43.00% – 64.80% (54.00%)
								Constant default rate(c)		3.40% – 15.70% (8.50%)
								Yield(c)		5.40% – 12.00% (9.80%)
	CMBS			6,244		Discounted cash flow		Yield(b)		0.00% – 14.10% (5.63%)
	CDO/ABS — Direct					Binomial Expansion		Recovery rate(b)		5.00% – 63.00% (24.00%)
	Investment Book			559		Technique (BET)		Diversity score(b)		5 – 36 (13)
								Weighted average life(b)		1.00 – 9.47 years (4.91 years)
	Liabilities:
	Policyholder contract deposits — GMWB			387		Discounted cash flow		Equity implied volatility(b)		6.00% – 39.00%
								Base lapse rate(b)		1.00% – 40.00%
								Dynamic lapse rate(b)		0.20% – 60.00%
								Mortality rate(b)		0.50% – 40.00%
								Utilization rate(b)		0.50% – 25.00%
	Derivative Liabilities — Credit contracts			1,123		BET		Recovery rate(b)		5.00% – 34.00% (17.00%)
								Diversity score(b)		9 – 36 (13)
								Weighted average life(b)		4.68 – 9.47 years (5.76 years)
	(in millions)		Fair Value at			Valuation		Unobservable Input(a)		Range
			December 31,			Technique				(Weighted Average)(a)
			2012
	Assets:
	Corporate debt		$	775		Discounted cash flow		Yield(b)		0.08% – 6.55% (3.31%)
	RMBS			10,650		Discounted cash flow		Constant prepayment rate(c)		0.00% – 10.76% (5.03%)
								Loss severity(c)		43.70% – 78.72% (61.21%)
								Constant default rate(c)		4.21% – 13.30% (8.75%)
								Yield(c)		2.23% – 9.42% (5.82%)
	Certain CDO/ABS(d)			7,844		Discounted cash flow		Constant prepayment rate(c)		0.00% – 32.25% (11.82%)
								Loss severity(c)		0.00% – 29.38% (6.36%)
								Constant default rate(c)		0.00% – 4.05% (1.18%)
								Yield(c)		5.41% – 10.67% (8.04%)
	CMBS			3,251		Discounted cash flow		Yield(b)		0.00% – 19.95% (7.76%)
	CDO/ABS — Direct					Binomial Expansion		Recovery rate(b)		3.00% – 63.00% (27.00%)
	Investment Book			1,205		Technique (BET)		Diversity score(b)		4 – 44 (13)
								Weighted average life(b)		1.27 – 9.11 years (4.91 years)
	Liabilities:
	Policyholder contract deposits — GMWB			1,257		Discounted cash flow		Equity implied volatility(b)		6.00% – 39.00%
								Base lapse rate(b)		1.00% – 40.00%
								Dynamic lapse rate(b)		0.20% – 60.00%
								Mortality rate(b)		0.50% – 40.00%
								Utilization rate(b)		0.50% – 25.00%
	Derivative Liabilities — Credit contracts			1,436		BET		Recovery rate(b)		3.00% – 37.00% (17.00%)
								Diversity score(b)		9 – 38 (14)
								Weighted average life(b)		5.10 – 8.45 years (5.75 years)
	(a)  The unobservable inputs and ranges for the constant prepayment rate, loss severity and constant default rate relate to each of the individual underlying mortgage loans that comprise the entire portfolio of securities in the RMBS and CDO securitization vehicles and not necessarily to the securitization vehicle bonds (tranches) purchased by us. The ranges of these inputs do not directly correlate to changes in the fair values of the tranches purchased by us because there are other factors relevant to the specific tranches owned by us including, but not limited to, purchase price, position in the waterfall, senior versus subordinated position and attachment points.
	(b)  Represents discount rates, estimates and assumptions that we believe would be used by market participants when valuing these assets and liabilities.
	(c)  Information received from independent third-party valuation service providers.
	(d)  Yield was the only input available for $6.6 billion of total fair value at December 31, 2012.
Investments in Certain Entities Carried at Fair Value Using Net Asset Value per Share	'
						September 30, 2013						December 31, 2012
		(in millions)		Investment Category Includes		Fair Value			Unfunded			Fair Value			Unfunded
						Using Net			Commitments			Using Net			Commitments
						Asset Value						Asset Value
						Per Share (or						Per Share (or
						its equivalent)						its equivalent)
		Investment Category
		Private equity funds:
		Leveraged buyout		Debt and/or equity investments made as part of a transaction in which assets of mature companies are acquired from the current shareholders, typically with the use of financial leverage		$	2,654		$	605		$	2,529		$	669
		Real Estate / Infrastructure		Investments in real estate properties and infrastructure positions, including power plants and other energy generating facilities			337			74			251			52
		Venture capital		Early-stage, high-potential, growth companies expected to generate a return through an eventual realization event, such as an initial public offering or sale of the company			141			13			157			16
		Distressed		Securities of companies that are already in default, under bankruptcy protection, or troubled			190			39			184			36
		Other		Includes multi-strategy and mezzanine strategies			134			229			112			100
		Total private equity funds					3,456			960			3,233			873
		Hedge funds:
		Event-driven		Securities of companies undergoing material structural changes, including mergers, acquisitions and other reorganizations			937			2			788			2
		Long-short		Securities that the manager believes are undervalued, with corresponding short positions to hedge market risk			1,548			–			1,318			–
		Macro		Investments that take long and short positions in financial instruments based on a top-down view of certain economic and capital market conditions			515			–			320			–
		Distressed		Securities of companies that are already in default, under bankruptcy protection or troubled			525			18			316			–
		Emerging markets		Investments in the financial markets of developing countries			245			–			–			–
		Other		Includes multi-strategy and relative value strategies			86			–			66			–
		Total hedge funds					3,856			20			2,808			2
		Total				$	7,312		$	980		$	6,041		$	875
Gains or losses related to the eligible instruments for which AIG elected the fair value option	'
			Gain (Loss) Three Months						Gain (Loss) Nine Months
			Ended September 30,						Ended September 30,
	(in millions)		2013			2012			2013			2012
	Assets:
	Mortgage and other loans receivable		$	1		$	10		$	3		$	41
	Bonds and equity securities			331			875			963			1,782
	Trading — ML II interest			–			–			–			246
	Trading — ML III interest			–			330			–			2,888
	Retained interest in AIA			–			527			–			1,829
	Alternative Investments(a)			23			11			229			11
	Other, including Short-term investments			3			3			8			16
	Liabilities:
	Long-term debt(b)			(51	)		(86	)		271			(750	)
	Other liabilities			(4	)		(9	)		(10	)		(31	)
	Total gain (loss)(c)		$	303		$	1,661		$	1,464		$	6,032
	(a)  Includes hedge funds, private equity funds, affordable housing partnerships and other investment partnerships.
	(b)  Includes GIAs, notes, bonds, loans and mortgages payable.
	(c)  Excludes discontinued operations.
Difference between fair values and aggregate contractual principal amounts, fair value option	'
			September 30, 2013									December 31, 2012
	(in millions)		Fair Value			Outstanding			Difference			Fair Value			Outstanding			Difference
						Principal Amount									Principal Amount
	Assets:
	Mortgage and other loans receivable		$	–		$	–		$	–		$	134		$	141		$	(7	)
	Liabilities:
	Long-term debt*		$	6,981		$	5,374		$	1,607		$	8,055		$	5,705		$	2,350
	*     Includes GIAs, notes, bonds, loans and mortgages payable.
Fair value assets measured on nonrecurring basis and impairment charges	'
															Impairment Charges
			Assets at Fair Value
															Three Months Ended						Nine Months Ended
			Non-Recurring Basis												September 30,						September 30,
	(in millions)		Level 1			Level 2			Level 3			Total			2013			2012			2013			2012
	September 30, 2013
	Alternative investments		$	–		$	–		$	1,798		$	1,798		$	66		$	97		$	225		$	273
	Other assets			–			10			31			41			2			–			26			9
	Total		$	–		$	10		$	1,829		$	1,839		$	68		$	97		$	251		$	282
	December 31, 2012
	Alternative investments		$	–		$	–		$	2,062		$	2,062
	Other assets			–			3			18			21
	Total		$	–		$	3		$	2,080		$	2,083
Carrying value and estimated fair value of AIG's financial instruments	'
			Estimated Fair Value												Carrying
	(in millions)		Level 1			Level 2			Level 3			Total			Value
	September 30, 2013
	Assets:
	Mortgage and other loans receivable		$	–		$	618		$	20,170		$	20,788		$	19,707
	Other invested assets			–			59			3,912			3,971			4,932
	Short-term investments			–			17,084			–			17,084			17,084
	Cash			2,058			–			–			2,058			2,058
	Liabilities:
	Policyholder contract deposits associated with investment-type contracts			–			202			113,828			114,030			104,734
	Other liabilities			–			5,080			531			5,611			5,613
	Long-term debt			–			36,785			2,104			38,889			35,250
	December 31, 2012
	Assets:
	Mortgage and other loans receivable		$	–		$	823		$	19,396		$	20,219		$	19,348
	Other invested assets			–			237			3,521			3,758			4,932
	Short-term investments			–			20,752			–			20,752			20,752
	Cash			1,151			–						1,151			1,151
	Liabilities:
	Policyholder contract deposits associated with investment-type contracts			–			245			123,860			124,105			105,979
	Other liabilities			–			3,981			818			4,799			4,800
	Long-term debt			–			43,966			1,925			45,891			40,445

INVESTMENTS_Tables

INVESTMENTS (Tables)	9 Months Ended
	Sep. 30, 2013
INVESTMENTS	'
The amortized cost or cost and fair value of AIG's available for sale securities and other invested assets carried at fair value	'
	(in millions)	Amortized			Gross			Gross			Fair			Other-Than-
		Cost or			Unrealized			Unrealized			Value			Temporary
		Cost			Gains			Losses						Impairments
														in AOCI(a)
	September 30, 2013
	Bonds available for sale:
	U.S. government and government sponsored entities	$	3,278		$	190		$	(33	)	$	3,435		$	–
	Obligations of states, municipalities and political subdivisions		29,967			1,319			(405	)		30,881			2
	Non-U.S. governments		22,580			793			(339	)		23,034			–
	Corporate debt		138,286			8,644			(2,762	)		144,168			78
	Mortgage-backed, asset-backed and collateralized:
	RMBS		33,833			3,094			(451	)		36,476			1,554
	CMBS		11,203			605			(296	)		11,512			89
	CDO/ABS		9,915			648			(168	)		10,395			62
	Total mortgage-backed, asset-backed and collateralized		54,951			4,347			(915	)		58,383			1,705
	Total bonds available for sale(b)		249,062			15,293			(4,454	)		259,901			1,785
	Equity securities available for sale:
	Common stock		1,284			1,748			(14	)		3,018			–
	Preferred stock		53			25			(1	)		77			–
	Mutual funds		289			4			(10	)		283			–
	Total equity securities available for sale		1,626			1,777			(25	)		3,378			–
	Total	$	250,688		$	17,070		$	(4,479	)	$	263,279		$	1,785
	December 31, 2012
	Bonds available for sale:
	U.S. government and government sponsored entities	$	3,161		$	323		$	(1	)	$	3,483		$	–
	Obligations of states, municipalities and political subdivisions		33,042			2,685			(22	)		35,705			2
	Non-U.S. governments		25,449			1,395			(44	)		26,800			–
	Corporate debt		135,728			15,848			(464	)		151,112			115
	Mortgage-backed, asset-backed and collateralized:
	RMBS		31,330			3,379			(317	)		34,392			1,330
	CMBS		9,449			770			(304	)		9,915			(79	)
	CDO/ABS		7,990			806			(244	)		8,552			82
	Total mortgage-backed, asset-backed and collateralized		48,769			4,955			(865	)		52,859			1,333
	Total bonds available for sale(b)		246,149			25,206			(1,396	)		269,959			1,450
	Equity securities available for sale:
	Common stock		1,492			1,574			(37	)		3,029			–
	Preferred stock		55			23			–			78			–
	Mutual funds		93			12			–			105			–
	Total equity securities available for sale		1,640			1,609			(37	)		3,212			–
	Total	$	247,789		$	26,815		$	(1,433	)	$	273,171		$	1,450
	(a)  Represents the amount of other-than-temporary impairments recognized in Accumulated other comprehensive income. Amount includes unrealized gains and losses on impaired securities relating to changes in the value of such securities subsequent to the impairment measurement date.
	(b)  At September 30, 2013 and December 31, 2012, bonds available for sale held by us that were below investment grade or not rated totaled $31.1 billion and $29.6 billion, respectively.
The fair value and gross unrealized losses on AIG's available for sale securities in a loss position, aggregated by major investment category and length of time that individual securities have been in a continuous unrealized loss position	'
		Less than 12 Months						12 Months or More						Total
	(in millions)	Fair			Gross			Fair			Gross			Fair			Gross
		Value			Unrealized			Value			Unrealized			Value			Unrealized
					Losses						Losses						Losses
	September 30, 2013
	Bonds available for sale:
	U.S. government and government sponsored entities	$	825		$	29		$	32		$	4		$	857		$	33
	Obligations of states, municipalities and political subdivisions		5,512			352			273			53			5,785			405
	Non-U.S. governments		5,156			291			253			48			5,409			339
	Corporate debt		38,230			2,417			2,890			345			41,120			2,762
	RMBS		7,617			318			1,001			133			8,618			451
	CMBS		2,685			190			994			106			3,679			296
	CDO/ABS		3,204			62			963			106			4,167			168
	Total bonds available for sale		63,229			3,659			6,406			795			69,635			4,454
	Equity securities available for sale:
	Common stock		113			13			2			1			115			14
	Preferred stock		5			1			–			–			5			1
	Mutual funds		157			10			–			–			157			10
	Total equity securities available for sale		275			24			2			1			277			25
	Total	$	63,504		$	3,683		$	6,408		$	796		$	69,912		$	4,479
	December 31, 2012
	Bonds available for sale:
	U.S. government and government sponsored entities	$	153		$	1		$	–		$	–		$	153		$	1
	Obligations of states, municipalities and political subdivisions		692			11			114			11			806			22
	Non-U.S. governments		1,555			19			442			25			1,997			44
	Corporate debt		8,483			201			3,229			263			11,712			464
	RMBS		597			28			1,661			289			2,258			317
	CMBS		404			8			1,481			296			1,885			304
	CDO/ABS		393			3			1,624			241			2,017			244
	Total bonds available for sale		12,277			271			8,551			1,125			20,828			1,396
	Equity securities available for sale:
	Common stock		247			36			18			1			265			37
	Mutual funds		3			–			–			–			3			–
	Total equity securities available for sale		250			36			18			1			268			37
	Total	$	12,527		$	307		$	8,569		$	1,126		$	21,096		$	1,433
The amortized cost and fair value of fixed maturity securities available for sale by contractual maturity	'
		Total Fixed Maturity Securities						Fixed Maturity Securities
		Available for Sale						in a Loss Position
	September 30, 2013							Available for Sale
	(in millions)	Amortized Cost			Fair Value			Amortized Cost			Fair Value
	Due in one year or less	$	9,884		$	10,097		$	680		$	670
	Due after one year through five years		51,912			54,768			7,975			7,816
	Due after five years through ten years		69,813			72,610			20,182			19,212
	Due after ten years		62,502			64,043			27,873			25,473
	Mortgage-backed, asset-backed and collateralized		54,951			58,383			17,379			16,464
	Total	$	249,062		$	259,901		$	74,089		$	69,635
The gross realized gains and gross realized losses from sales of AIG's available for sale securities	'
		Three Months Ended September 30,												Nine Months Ended September 30,
		2013						2012						2013					2012
	(in millions)	Gross			Gross			Gross			Gross			Gross			Gross		Gross		Gross
		Realized			Realized			Realized			Realized			Realized			Realized		Realized		Realized
		Gains			Losses			Gains			Losses			Gains			Losses		Gains		Losses
	Fixed maturity securities	$	516		$	26		$	943		$	82		$	2,216		$	153	$	2,308	$	121
	Equity securities		18			6			38			22			101			15		503		26
	Total	$	534		$	32		$	981		$	104		$	2,317		$	168	$	2,811	$	147
The fair value of AIG's trading securities	'
		September 30, 2013						December 31, 2012
	(in millions)	Fair			Percent			Fair			Percent
		Value			of Total			Value			of Total
	Fixed maturity securities:
	U.S. government and government sponsored entities	$	5,867			25	%	$	6,794			27	%
	Obligations of states, territories and political subdivisions		181			1			–			–
	Non-U.S. governments		2			–			2			–
	Corporate debt		1,147			5			1,320			5
	Mortgage-backed, asset-backed and collateralized:
	RMBS		2,178			9			1,727			7
	CMBS		1,454			6			2,227			9
	CDO/ABS and other collateralized(a)		12,048			51			12,506			50
	Total mortgage-backed, asset-backed and collateralized		15,680			66			16,460			66
	Other		7			–			8			–
	Total fixed maturity securities		22,884			97			24,584			98
	Equity securities		807			3			662			2
	Total(b)	$	23,691			100	%	$	25,246			100	%
	(a)  Includes $1.0 billion of U.S. Government agency backed ABS.
	(b)  Securities presented herein are measured at fair value based on our election of the fair value option.
Components of net investment income	'
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
	(in millions)	2013			2012			2013			2012
	Fixed maturity securities, including short-term investments	$	3,005		$	3,263		$	8,969		$	9,547
	Change in fair value of ML II		–			–			–			246
	Change in fair value of ML III		–			330			–			2,888
	Change in fair value of AIA securities including realized gain		–			527			–			1,829
	Equity securities		98			53			123			85
	Interest on mortgage and other loans		292			270			862			799
	Alternative investments*		288			340			1,892			1,194
	Real estate		32			35			99			93
	Other investments		(22	)		(11	)		59			(9	)
	Total investment income		3,693			4,807			12,004			16,672
	Investment expenses		120			157			423			436
	Net investment income	$	3,573		$	4,650		$	11,581		$	16,236
	*     Includes hedge funds, private equity funds, affordable housing partnerships and other investment partnerships.
Components of net realized capital gains (losses)	'
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
	(in millions)	2013			2012			2013			2012
	Sales of fixed maturity securities	$	490		$	861		$	2,063		$	2,187
	Sales of equity securities		12			16			86			477
	Other-than-temporary impairments:
	Severity		–			(1	)		(5	)		(15	)
	Change in intent		(1	)		(5	)		(4	)		(27	)
	Foreign currency declines		–			(1	)		–			(7	)
	Issuer-specific credit events		(55	)		(107	)		(200	)		(895	)
	Adverse projected cash flows		–			–			(7	)		(4	)
	Provision for loan losses		(33	)		51			(38	)		77
	Foreign exchange transactions		(276	)		(54	)		135			(101	)
	Derivative instruments		192			(203	)		209			(862	)
	Other		(77	)		89			(96	)		(36	)
	Net realized capital gains	$	252		$	646		$	2,143		$	794
Schedule of increase (decrease) in unrealized appreciation of available for sale securities	'
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
	(in millions)	2013			2012			2013			2012
	Increase (decrease) in unrealized appreciation of investments:
	Fixed maturities	$	(1,696	)	$	5,000		$	(12,971	)	$	10,013
	Equity securities		189			131			180			(459	)
	Other investments		50			24			57			392
	Total Increase (decrease) in unrealized appreciation of investments	$	(1,457	)	$	5,155		$	(12,734	)	$	9,946
Credit impairments recognized in earnings for available for sale fixed maturity securities	'
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
	(in millions)	2013			2012			2013			2012
	Balance, beginning of period	$	4,236		$	6,090		$	5,164		$	6,504
	Increases due to:
	Credit impairments on new securities subject to impairment losses		6			–			33			172
	Additional credit impairments on previously impaired securities		29			45			59			421
	Reductions due to:
	Credit impaired securities fully disposed for which there was no prior intent or requirement to sell		(68	)		(297	)		(626	)		(815	)
	Credit impaired securities for which there is a current intent or anticipated requirement to sell		–			(5	)		–			(5	)
	Accretion on securities previously impaired due to credit*		(184	)		(215	)		(611	)		(668	)
	Other		–			(3	)		–			6
	Balance, end of period	$	4,019		$	5,615		$	4,019		$	5,615
	*     Represents both accretion recognized due to changes in cash flows expected to be collected over the remaining expected term of the credit impaired securities and the accretion due to the passage of time.
Schedule of Purchased Credit Impaired (PCI) Securities, at acquisition date	'
	(in millions)	At Date of Acquisition
	Contractually required payments (principal and interest)	$	23,784
	Cash flows expected to be collected*		18,763
	Recorded investment in acquired securities		12,268
	*     Represents undiscounted expected cash flows, including both principal and interest.
Schedule of Purchased Credit Impaired (PCI) Securities, at reporting date	'
	(in millions)	September 30, 2013			December 31, 2012
	Outstanding principal balance	$	14,104		$	11,791
	Amortized cost		9,609			7,718
	Fair value		10,685			8,823
Activity for accretable yield on Purchased Credit Impaired (PCI) Securities	'
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
	(in millions)	2013			2012			2013			2012
	Balance, beginning of period	$	5,901		$	4,950		$	4,766		$	4,135
	Newly purchased PCI securities		202			114			1,308			1,532
	Disposals		–			(130	)		(60	)		(298	)
	Accretion		(187	)		(165	)		(517	)		(510	)
	Effect of changes in interest rate indices		282			(39	)		388			(200	)
	Net reclassification from non-accretable difference, including effects of prepayments		405			53			718			124
	Balance, end of period	$	6,603		$	4,783		$	6,603		$	4,783
Schedule of fair value of securities pledged to counterparties under secured financing transactions	'
	(in millions)	September 30, 2013			December 31, 2012
	Securities available for sale	$	4,064		$	8,180
	Trading securities		2,881			2,985
Schedule of fair value of securities pledged to the entity under reverse repurchase agreements	'
	(in millions)	September 30, 2013			December 31, 2012
	Securities collateral pledged to us	$	10,222		$	11,039
	Amount repledged by us		60			33

LENDING_ACTIVITIES_Tables

LENDING ACTIVITIES (Tables)	9 Months Ended
	Sep. 30, 2013
LENDING ACTIVITIES	'
Composition of Mortgages and other loans receivable	'
	(in millions)	September 30, 2013			December 31, 2012
	Commercial mortgages*	$	14,741		$	13,788
	Life insurance policy loans		2,844			2,952
	Commercial loans, other loans and notes receivable		2,520			3,147
	Total mortgage and other loans receivable		20,105			19,887
	Allowance for losses		(398	)		(405	)
	Mortgage and other loans receivable, net	$	19,707		$	19,482
	*     Commercial mortgages primarily represent loans for office, retail and industrial properties, with exposures in California and New York representing the largest geographic concentrations (aggregating approximately 18 percent and 17 percent at September 30, 2013, respectively, and approximately 22 percent and 15 percent at December 31, 2012, respectively).
Schedule of credit quality indicators for the commercial mortgage loans	'
		Number			Class																			Percent
	September 30, 2013	of																						of
	(dollars in millions)	Loans			Apartments			Offices			Retail			Industrial			Hotel			Others		Total(c)		Total $
	Credit Quality Indicator:
	In good standing		974		$	2,313		$	4,605		$	2,920		$	1,583		$	1,339		$	1,570	$	14,330		97	%
	Restructured(a)		9			54			207			7			–			–			88		356		3
	90 days or less delinquent		–			–			–			–			–			–			–		–		–
	>90 days delinquent or in process of foreclosure		9			–			55			–			–			–			–		55		–
	Total(b)		992		$	2,367		$	4,867		$	2,927		$	1,583		$	1,339		$	1,658	$	14,741		100	%
	Valuation allowance				$	10		$	109		$	8		$	20		$	3		$	53	$	203		1	%
	(a)  Loans that have been modified in troubled debt restructurings and are performing according to their restructured terms. For additional discussion of troubled debt restructurings see Note 8 to the Consolidated Financial Statements in the 2012 Annual Report.
	(b)  Does not reflect valuation allowances.
	(c)  Approximately 99 percent of the commercial mortgages held at such respective dates were current as to payments of principal and interest.
Schedule of changes in the allowance for losses on Mortgage and other loans receivable	'
		2013									2012
	Nine Months Ended September 30,	Commercial			Other			Total			Commercial			Other			Total
	(in millions)	Mortgages			Loans						Mortgages			Loans
	Allowance, beginning of year	$	159		$	246		$	405		$	305		$	435		$	740
	Loans charged off		(5	)		(37	)		(42	)		(12	)		(6	)		(18	)
	Recoveries of loans previously charged off		3			6			9			6			–			6
	Net charge-offs		(2	)		(31	)		(33	)		(6	)		(6	)		(12	)
	Provision for loan losses		47			(16	)		31			(106	)		33			(73	)
	Other		(1	)		(4	)		(5	)		–			–			–
	Activity of discontinued operations		–			–			–			–			(167	)		(167	)
	Allowance, end of period	$	203	*	$	195		$	398		$	193*		$	295		$	488
	*     Of the total allowance at the end of the period, $102 million and $38 million relates to individually assessed credit losses on $267 million and $332 million of commercial mortgage loans at September 30, 2013 and 2012, respectively.

VARIABLE_INTEREST_ENTITIES_Tab

VARIABLE INTEREST ENTITIES (Tables)	9 Months Ended
	Sep. 30, 2013
VARIABLE INTEREST ENTITIES	'
Schedule of Consolidated Variable Interest Entities	'
	(in millions)	Real estate		Securitization		Structured		Affordable		Other		Total
		and		vehicles		investment		housing
		investment				vehicles		partnerships
		funds(c)
	September 30, 2013
	Assets:
	Available for sale securities	$	–	$	11,111	$	–	$	–	$	–	$	11,111
	Trading securities		–		–		745		–		117		862
	Mortgage and other loans receivable		–		–		–		–		301		301
	Other invested assets		924		–		–		2,068		862		3,854
	Other assets		65		–		646		36		707		1,454
	Total assets(a)(b)	$	989	$	11,111	$	1,391	$	2,104	$	1,987	$	17,582
	Liabilities:
	Long-term debt	$	74	$	151	$	87	$	194	$	198	$	704
	Other liabilities		47		–		61		79		257		444
	Total liabilities	$	121	$	151	$	148	$	273	$	455	$	1,148
	December 31, 2012
	Assets:
	Available for sale securities	$	198	$	2,422	$	–	$	–	$	324	$	2,944
	Trading securities		15		–		792		–		204		1,011
	Mortgage and other loans receivable		–		–		–		–		398		398
	Other invested assets		1,122		–		–		2,230		1,023		4,375
	Other assets		59		–		902		33		2,013		3,007
	Total assets(a)(b)	$	1,394	$	2,422	$	1,694	$	2,263	$	3,962	$	11,735
	Liabilities:
	Long-term debt	$	157	$	25	$	9	$	133	$	424	$	748
	Other liabilities		20		–		43		68		1,044		1,175
	Total liabilities	$	177	$	25	$	52	$	201	$	1,468	$	1,923
	(a)  The assets of each VIE can be used only to settle specific obligations of that VIE.
	(b)  At September 30, 2013 and December 31, 2012 includes approximately $12.2 billion and $3.6 billion, respectively, of primarily investment-grade debt securities held by certain securitization vehicles that issued beneficial interests in these investments. The majority of the beneficial interests issued are held by AIG.
	(c)  At September 30, 2013 and December 31, 2012, off-balance sheet exposure, primarily consisting of commitments to real estate and investment funds, was $50.8 million and $48.7 million, respectively.
Schedule of Unconsolidated Variable Interest Entities	'
				Maximum Exposure to Loss
	(in millions)	Total VIE		On-Balance		Off-Balance		Total
		Assets		Sheet*		Sheet
	September 30, 2013
	Real estate and investment funds	$	20,087	$	2,203	$	193	$	2,396
	Affordable housing partnerships		474		473		–		473
	Other		1,181		166		87		253
	Total	$	21,742	$	2,842	$	280	$	3,122
	December 31, 2012
	Real estate and investment funds	$	16,662	$	1,881	$	169	$	2,050
	Affordable housing partnerships		498		498		–		498
	Other		1,018		79		–		79
	Total	$	18,178	$	2,458	$	169	$	2,627
	*     At September 30, 2013 and December 31, 2012, $2.8 billion and $2.5 billion, respectively, of our total unconsolidated VIE assets were recorded as Other invested assets.

DERIVATIVES_AND_HEDGE_ACCOUNTI1

DERIVATIVES AND HEDGE ACCOUNTING (Tables)	9 Months Ended
	Sep. 30, 2013
DERIVATIVES AND HEDGE ACCOUNTING	'
Notional amounts and fair values of derivative instruments	'
		September 30, 2013												December 31, 2012
		Gross Derivative Assets						Gross Derivative Liabilities						Gross Derivative Assets					Gross Derivative Liabilities
	(in millions)	Notional			Fair			Notional			Fair			Notional		Fair			Notional		Fair
		Amount			Value(a)			Amount			Value(a)			Amount		Value(a)			Amount		Value(a)
	Derivatives designated as hedging instruments:
	Interest rate contracts(b)	$	–		$	–		$	119		$	7		$	–	$	–		$	–	$	–
	Foreign exchange contracts		468			6			1,054			78			–		–			–		–
	Derivatives not designated as hedging instruments:
	Interest rate contracts(b)		54,968			4,013			52,688			4,177			63,463		6,479			63,482		5,806
	Foreign exchange contracts		934			35			5,427			197			8,325		104			10,168		174
	Equity contracts(c)		6,131			257			29,533			491			4,990		221			25,626		1,377
	Commodity contracts		17			1			13			4			625		145			622		146
	Credit contracts		71			56			15,608			1,561			70		60			16,244		2,051
	Other contracts(d)		27,518			33			1,293			189			20,449		38			1,488		206
	Total derivatives not designated as hedging instruments		89,639			4,395			104,562			6,619			97,922		7,047			117,630		9,760
	Total derivatives, gross	$	90,107		$	4,401		$	105,735		$	6,704		$	97,922	$	7,047		$	117,630	$	9,760
	(a)  Fair value amounts are shown before the effects of counterparty netting adjustments and offsetting cash collateral.
	(b)  Includes cross-currency swaps.
	(c)  Notional amount of derivative assets and fair value of derivative assets include $1.1 billion and $4 million, respectively, at September 30, 2013, related to bifurcated embedded derivatives. Notional amount of derivative liabilities and fair value of derivative liabilities include $27 billion and $0.4 billion, respectively, at September 30, 2013, and $23 billion and $1.3 billion, respectively, at December 31, 2012, related to bifurcated embedded derivatives. A bifurcated embedded derivative is generally presented with the host contract in the Condensed Consolidated Balance Sheets.
	(d)  Consists primarily of contracts with multiple underlying exposures.
Fair values of derivative assets and liabilities in the Condensed Consolidated Balance Sheets	'
		September 30, 2013												December 31, 2012
		Derivative Assets						Derivative Liabilities						Derivative Assets					Derivative Liabilities
	(in millions)	Notional			Fair			Notional			Fair			Notional		Fair			Notional		Fair
		Amount			Value			Amount			Value			Amount		Value			Amount		Value
	Global Capital Markets derivatives:
	AIG Financial Products	$	46,395		$	2,761		$	56,908		$	3,959		$	59,854	$	4,725		$	66,717	$	5,506
	AIG Markets		12,420			981			15,367			1,543			14,028		1,308			18,774		1,818
	Total Global Capital Markets derivatives		58,815			3,742			72,275			5,502			73,882		6,033			85,491		7,324
	Non-Global Capital Markets derivatives(a)		31,292			659			33,460			1,202			24,040		1,014			32,139		2,436
	Total derivatives, gross	$	90,107			4,401		$	105,735			6,704		$	97,922		7,047		$	117,630		9,760
	Counterparty netting(b)					(1,863	)					(1,863	)				(2,467	)				(2,467	)
	Cash collateral(c)					(811	)					(1,664	)				(909	)				(1,976	)
	Total derivatives, net					1,727						3,177					3,671					5,317
	Less: Bifurcated embedded derivatives					4						455					–					1,256
	Total derivatives on consolidated balance sheet				$	1,723					$	2,722				$	3,671				$	4,061
	(a)  Represents derivatives used to hedge the foreign currency and interest rate risk associated with insurance operations as well as embedded derivatives included in insurance contracts. Bifurcated embedded derivatives are recorded in Policyholder contract deposits in the Condensed Consolidated Balance Sheets.
	(b)  Represents netting of derivative exposures covered by a qualifying ISDA Master Agreement.
	(c)  Represents cash collateral posted and received that is eligible for netting.
Gain (loss) recognized in earnings on AIG's derivative instruments in fair value hedging relationships in the Condensed Consolidated Statements of Income	'
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
	(in millions)	2013			2012			2013			2012
	Interest rate contracts:(a)
	Gain (loss) recognized in earnings on derivatives	$	2		$	–		$	2		$	(2	)
	Gain recognized in earnings on hedged items(b)		17			19			70			99
	Gain (loss) recognized in earnings for ineffective portion		–			–			–			–
	Foreign exchange contracts:(a)
	Gain (loss) recognized in earnings on derivatives		(21	)		–			(61	)		–
	Gain (loss) recognized in earnings on hedged items		19			–			66			–
	Gain (loss) recognized in earnings for amounts excluded from effectiveness testing		(2	)		–			5			–
	(a)  Gains and losses recognized in earnings on derivatives are recorded in Net realized capital gains and Interest credited to policyholder account balances. Gains and losses recognized in earnings on hedged items are recorded in Net realized capital gains, Interest credited to policyholder account balances, and Other income. Gains and losses recognized in earnings from the ineffective portion and amounts excluded from effectiveness testing, if any, are recorded in Net realized capital gains.
	(b)  Includes $19 million and $18 million for the three-month periods ended September 30, 2013 and 2012, respectively, and $72 million and $97 million, for the nine-month periods ended September 30, 2013 and 2012, respectively, representing the amortization of debt basis adjustment following the discontinuation of hedge accounting.
Effect of AIG's derivative instruments not designated as hedging instruments in the Condensed Consolidated Statements of Income	'
		Gains (Losses) Recognized in Earnings
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
	(in millions)	2013			2012			2013			2012
	By Derivative Type:
	Interest rate contracts(a)	$	35		$	(220	)	$	(250	)	$	(208	)
	Foreign exchange contracts		(83	)		(93	)		64			(3	)
	Equity contracts(b)		158			(206	)		670			(601	)
	Commodity contracts		(1	)		2			(3	)		–
	Credit contracts		52			200			365			414
	Other contracts		14			(4	)		74			(56	)
	Total	$	175		$	(321	)	$	920		$	(454	)
	By Classification:
	Policy fees	$	56		$	42		$	149		$	115
	Net investment income		(7	)		–			22			1
	Net realized capital gains (losses)		200			(183	)		200			(843	)
	Other income (losses)		(71	)		(180	)		560			273
	Policyholder benefits and claims incurred		(3	)		–			(11	)		–
	Total	$	175		$	(321	)	$	920		$	(454	)
	(a)  Includes cross currency swaps.
	(b)  Includes embedded derivative gains of $266 million and $1.0 billion for the three- and nine-month periods ended September 30, 2013, respectively, and embedded derivative losses of $75 million and $268 million for the three- and nine-month periods ended September 30, 2012, respectively.
Net notional amount, fair value of derivative (asset) liability and unrealized market valuation gain (loss)	'
		Net Notional Amount at(a)						Fair Value of						Unrealized Market
								Derivative Liability at(b)						Valuation Gain(c)
		September 30,			December 31,			September 30,			December 31,			Three Months Ended					Nine Months Ended
														September 30,					September 30,
	(in millions)	2013			2012			2013			2012			2013		2012			2013		2012
	Regulatory Capital:
	Prime residential mortgages	$	2		$	97		$	–		$	–		$	–	$	–		$	–	$	–
	Other		–			–			–			–			–		6			–		9
	Total		2			97			–			–			–		6			–		9
	Arbitrage:
	Multi-sector CDOs(d)		3,399			3,944			1,460			1,910			49		142			330		336
	Corporate debt/CLOs(e)		11,836			11,832			34			60			5		42			26		53
	Total		15,235			15,776			1,494			1,970			54		184			356		389
	Mezzanine tranches		–			–			–			–			–		14			–		3
	Total	$	15,237		$	15,873		$	1,494		$	1,970		$	54	$	204		$	356	$	401
	(a)  Net notional amounts presented are net of all structural subordination below the covered tranches. The decrease in the total net notional amount from December 31, 2012 to September 30, 2013 was due to amortization of $745 million and terminations and maturities of $67 million, partially offset by foreign exchange rate movement of $176 million.
	(b)  Fair value amounts are shown before the effects of counterparty netting adjustments and offsetting cash collateral.
	(c)  Includes credit valuation adjustment losses of $2 million and $12 million for the three-month periods ended September 30, 2013 and 2012, respectively, and losses of $3 million and $36 million for the nine-month periods ended September 30, 2013 and 2012, respectively, representing the effect of changes in our credit spreads on the valuation of the derivatives liabilities.
	(d)  During the nine-month period ended September 30, 2013, we paid $120 million to counterparties with respect to multi-sector CDOs, which was previously included in the fair value of the derivative liability as an unrealized market valuation loss. Multi-sector CDOs also include $3.0 billion and $3.4 billion in net notional amount of credit default swaps written with cash settlement provisions at September 30, 2013 and December 31, 2012, respectively. Collateral postings with regards to multi-sector CDOs were $1.2 billion and $1.6 billion at September 30, 2013 and December 31, 2012, respectively.
	(e)  Corporate debt/Collateralized Loan Obligations (CLOs) include $1.1 billion and $1.2 billion in net notional amount of credit default swaps written on the super senior tranches of CLOs at September 30, 2013 and December 31, 2012, respectively. Collateral postings with regards to corporate debt/CLOs were $394 million and $420 million at September 30, 2013 and December 31, 2012, respectively.

EQUITY_Tables

EQUITY (Tables)	9 Months Ended
	Sep. 30, 2013
EQUITY	'
Rollforward of common stock outstanding	'
		Common			Treasury			Common Stock
		Stock Issued			Stock			Outstanding
	Nine Months Ended September 30, 2013
	Shares, beginning of year		1,906,611,680			(430,289,745	)		1,476,321,935
	Shares issued		21,749			23,984			45,733
	Shares repurchased		–			(4,023,946	)		(4,023,946	)
	Shares, end of period		1,906,633,429			(434,289,707	)		1,472,343,722
Accumulated Other Comprehensive Income (Loss)	'
	(in millions)	Unrealized Appreciation			Unrealized			Foreign			Net Derivative			Change in			Total
		(Depreciation) of Fixed			Appreciation			Currency			Gains (Losses)			Retirement
		Maturity Investments			(Depreciation)			Translation			Arising from			Plan
		on Which Other-Than-			of All Other			Adjustments			Cash Flow			Liabilities
		Temporary Credit			Investments						Hedging			Adjustment
		Impairments Were									Activities
		Recognized
	Balance, December 31, 2012, net of tax	$	575		$	13,446		$	(403	)	$	–		$	(1,044	)	$	12,574
	Change in unrealized appreciation (depreciation) of investments		314			(13,048	)		–			–			–			(12,734	)
	Change in deferred acquisition costs adjustment and other		(108	)		939			–			–			–			831
	Change in future policy benefits		80			2,727			–			–			–			2,807
	Change in foreign currency translation adjustments		–			–			(709	)		–			–			(709	)
	Net actuarial gain		–			–			–			–			94			94
	Prior service cost		–			–			–			–			(39	)		(39	)
	Change in deferred tax asset (liability)		(114	)		3,714			82			–			(20	)		3,662
	Total other comprehensive income (loss)		172			(5,668	)		(627	)		–			35			(6,088	)
	Noncontrolling interests		–			(16	)		(7	)		–			–			(23	)
	Balance, September 30, 2013, net of tax	$	747		$	7,794		$	(1,023	)	$	–		$	(1,009	)	$	6,509
Other comprehensive income (loss) reclassification adjustments	'
	(in millions)	Unrealized Appreciation			Unrealized			Foreign			Net Derivative			Change in			Total
		(Depreciation) of Fixed			Appreciation			Currency			Gains (Losses)			Retirement
		Maturity Investments			(Depreciation)			Translation			Arising from			Plan
		on Which Other-Than-			of All Other			Adjustments			Cash Flow			Liabilities
		Temporary Credit			Investments						Hedging			Adjustment
		Impairments Were									Activities
		Recognized
	Three Months Ended September 30, 2013
	Unrealized change arising during period	$	(30	)	$	(652	)	$	(143	)	$	–		$	(44	)	$	(869	)
	Less: Reclassification adjustments included in net income		1			219			–			–			(22	)		198
	Total other comprehensive loss, before income tax expense (benefit)		(31	)		(871	)		(143	)		–			(22	)		(1,067	)
	Less: Income tax expense (benefit)		(8	)		(437	)		(94	)		–			4			(535	)
	Total other comprehensive loss, net of income tax expense (benefit)	$	(23	)	$	(434	)	$	(49	)	$	–		$	(26	)	$	(532	)
	Three Months Ended September 30, 2012
	Unrealized change arising during period	$	922		$	3,600		$	258		$	(1	)	$	1		$	4,780
	Less: Reclassification adjustments included in net income		16			198			–			(4	)		(19	)		191
	Total other comprehensive income, before income tax expense		906			3,402			258			3			20			4,589
	Less: Income tax expense (benefit)		409			1,071			18			1			(9	)		1,490
	Total other comprehensive income, net of income tax expense (benefit)	$	497		$	2,331		$	240		$	2		$	29		$	3,099
	Nine Months Ended September 30, 2013
	Unrealized change arising during period	$	342		$	(8,784	)	$	(709	)	$	–		$	(18	)	$	(9,169	)
	Less: Reclassification adjustments included in net income		56			598			–			–			(73	)		581
	Total other comprehensive income (loss), before income tax expense (benefit)		286			(9,382	)		(709	)		–			55			(9,750	)
	Less: Income tax expense (benefit)		114			(3,714	)		(82	)		–			20			(3,662	)
	Total other comprehensive income (loss), net of income tax expense (benefit)	$	172		$	(5,668	)	$	(627	)	$	–		$	35		$	(6,088	)
	Nine Months Ended September 30, 2012
	Unrealized change arising during period	$	1,949		$	8,072		$	(167	)	$	(2	)	$	5		$	9,857
	Less: Reclassification adjustments included in net income		12			1,475			–			(13	)		(61	)		1,413
	Total other comprehensive income (loss), before income tax expense (benefit)		1,937			6,597			(167	)		11			66			8,444
	Less: Income tax expense (benefit)		810			1,980			(71	)		(14	)		5			2,710
	Total other comprehensive income (loss), net of income tax expense (benefit)	$	1,127		$	4,617		$	(96	)	$	25		$	61		$	5,734
Schedule of effect of the reclassification of significant items out of Accumulated other comprehensive income on the respective line items in the Condensed Consolidated Statements of Income	'
		Amount Reclassified from Accumulated
		Other Comprehensive Income
	(in millions)	Three Months			Nine Months			Affected Line Item in the Condensed
		Ended			Ended			Consolidated Statements of Income
		September 30,			September 30,
		2013			2013
	Unrealized appreciation (depreciation) of fixed maturity investments on which other-than-temporary credit impairments were recognized
	Investments	$	1		$	56		Other realized capital gains
	Total		1			56
	Unrealized appreciation (depreciation) of all other investments
	Investments		501			2,093		Other realized capital gains
	Deferred acquisition costs adjustment		(39	)		(33	)	Amortization of deferred acquisition costs
	Future policy benefits		(243	)		(1,462	)	Policyholder benefits and claims incurred
	Total		219			598
	Change in retirement plan liabilities adjustment
	Prior-service costs		13			35		*
	Actuarial gains/(losses)		(35	)		(108	)	*
	Total		(22	)		(73	)
	Total reclassifications for the period	$	198		$	581
	*     These Accumulated other comprehensive income components are included in the computation of net periodic pension cost. See Note 14 to the Condensed Consolidated Financial Statements.

NONCONTROLLING_INTERESTS_Table

NONCONTROLLING INTERESTS (Tables)	9 Months Ended
	Sep. 30, 2013
NONCONTROLLING INTERESTS	'
Rollforward of noncontrolling interests	'
		Redeemable
		Noncontrolling interests
	(in millions)	Held by			Other			Total			Non-redeemable
		Department of									Noncontrolling
		Treasury									interests
	Nine Months Ended September 30, 2013
	Balance, beginning of year	$	–		$	334		$	334		$	667
	Contributions from noncontrolling interests		–			48			48			25
	Distributions to noncontrolling interests		–			(153	)		(153	)		(37	)
	Consolidation (deconsolidation)		–			(146	)		(146	)		1
	Comprehensive income (loss):
	Net income (loss)		–			–			–			12
	Other comprehensive income (loss), net of tax:
	Unrealized losses on investments		–			(15	)		(15	)		–
	Foreign currency translation adjustments		–			(2	)		(2	)		(6	)
	Total other comprehensive income (loss), net of tax		–			(17	)		(17	)		(6	)
	Total comprehensive income (loss)		–			(17	)		(17	)		6
	Other		–			–			–			(6	)
	Balance, end of period	$	–		$	66		$	66		$	656
	Nine Months Ended September 30, 2012
	Balance, beginning of year	$	8,427		$	96		$	8,523		$	855
	Repayment to Department of the Treasury		(8,635	)		–			(8,635	)		–
	Contributions from noncontrolling interests		–			59			59			58
	Distributions to noncontrolling interests		–			–			–			(175	)
	Consolidation (deconsolidation)		–			(5	)		(5	)		–
	Comprehensive income:
	Net income		208			5			213			40
	Other comprehensive income (loss), net of tax:
	Unrealized gains on investments		–			4			4			3
	Foreign currency translation adjustments		–			–			–			(7	)
	Total other comprehensive income (loss), net of tax		–			4			4			(4	)
	Total comprehensive income		208			9			217			36
	Other		–			–			–			(26	)
	Balance, end of period	$	–		$	159		$	159		$	748

EARNINGS_PER_SHARE_EPS_Tables

EARNINGS PER SHARE (EPS) (Tables)	9 Months Ended
	Sep. 30, 2013
EARNINGS PER SHARE (EPS)	'
Computation of basic and diluted EPS	'
		Three Months Ended					Nine Months Ended
	(dollars in millions, except per share data)	September 30,					September 30,
		2013			2012		2013		2012
	Numerator for EPS:
	Income from continuing operations	$	2,172		$	1,824	$	7,035	$	7,369
	Less: Net income (loss) from continuing operations attributable to noncontrolling interests:
	Nonvoting, callable, junior and senior preferred interests		–			–		–		208
	Other		(40	)		5		12		45
	Total net income (loss) from continuing operations attributable to noncontrolling interests		(40	)		5		12		253
	Income attributable to AIG from continuing operations		2,212			1,819		7,023		7,116
	Income (loss) attributable to AIG from discontinued operations		(42	)		37		84		280
	Net income attributable to AIG	$	2,170		$	1,856	$	7,107	$	7,396
	Denominator for EPS:
	Weighted average shares outstanding — basic		1,475,053,126			1,642,472,814		1,476,007,034		1,757,955,937
	Dilutive shares		10,269,732			29,437		5,403,839		28,217
	Weighted average shares outstanding — diluted*		1,485,322,858			1,642,502,251		1,481,410,873		1,757,984,154
	Income (loss) per common share attributable to AIG:
	Basic:
	Income from continuing operations	$	1.5		$	1.11	$	4.76	$	4.05
	Income (loss) from discontinued operations	$	(0.03	)	$	0.02	$	0.06	$	0.16
	Net Income attributable to AIG	$	1.47		$	1.13	$	4.82	$	4.21
	Diluted:
	Income from continuing operations	$	1.49		$	1.11	$	4.74	$	4.05
	Income (loss) from discontinued operations	$	(0.03	)	$	0.02	$	0.06	$	0.16
	Net Income attributable to AIG	$	1.46		$	1.13	$	4.8	$	4.21
	*     Dilutive shares are calculated using the treasury stock method and include dilutive shares from share-based employee compensation plans, a weighted average portion of the warrants issued to AIG shareholders as part of the recapitalization in January 2011 and a weighted average portion of the warrants issued to the Department of the Treasury in 2009 that we repurchased in the first quarter of 2013. The number of shares excluded from diluted shares outstanding were 0.4 million and 51 million for the three- and nine-month periods ended September 30, 2013, respectively, and 78 million for both the three- and nine-month periods ended September 30, 2012, because the effect of including those shares in the calculation would have been anti-dilutive.

EMPLOYEE_BENEFITS_Tables

EMPLOYEE BENEFITS (Tables)	9 Months Ended
	Sep. 30, 2013
EMPLOYEE BENEFITS	'
Components of net periodic benefit cost	'
		Pension									Postretirement
					Non-U.S. Plans									Non-U.S. Plans
	(in millions)	U.S. Plans						Total			U.S. Plans						Total
	Three Months Ended September 30, 2013
	Components of net periodic benefit cost:
	Service cost	$	71		$	12		$	83		$	1		$	1		$	2
	Interest cost		53			7			60			2			–			2
	Expected return on assets		(64	)		(4	)		(68	)		–			–			–
	Amortization of prior service (credit) cost		(8	)		(1	)		(9	)		(3	)		–			(3	)
	Amortization of net (gain) loss		40			3			43			(1	)		–			(1	)
	Net periodic benefit cost	$	92		$	17		$	109		$	(1	)	$	1		$	–
	Three Months Ended September 30, 2012
	Components of net periodic benefit cost:
	Service cost	$	40		$	13		$	53		$	1		$	1		$	2
	Interest cost		49			8			57			3			1			4
	Expected return on assets		(60	)		(5	)		(65	)		–			–			–
	Amortization of prior service (credit) cost		(8	)		(1	)		(9	)		(3	)		–			(3	)
	Amortization of net (gain) loss		29			3			32			–			–			–
	Other		–			–			–			–			(1	)		(1	)
	Net periodic benefit cost	$	50		$	18		$	68		$	1		$	1		$	2
	Nine Months Ended September 30, 2013
	Components of net periodic benefit cost:
	Service cost	$	159		$	36		$	195		$	4		$	3		$	7
	Interest cost		151			22			173			6			1			7
	Expected return on assets		(193	)		(14	)		(207	)		–			–			–
	Amortization of prior service (credit) cost		(25	)		(2	)		(27	)		(8	)		–			(8	)
	Amortization of net (gain) loss		106			9			115			–			–			–
	Net periodic benefit cost	$	198		$	51		$	249		$	2		$	4		$	6
	Nine Months Ended September 30, 2012
	Components of net periodic benefit cost:
	Service cost	$	116		$	39		$	155		$	4		$	2		$	6
	Interest cost		149			25			174			8			2			10
	Expected return on assets		(180	)		(15	)		(195	)		–			–			–
	Amortization of prior service (credit) cost		(25	)		(3	)		(28	)		(8	)		–			(8	)
	Amortization of net (gain) loss		87			10			97			–			–			–
	Other		–			–			–			–			(1	)		(1	)
	Net periodic benefit cost	$	147		$	56		$	203		$	4		$	3		$	7

INFORMATION_PROVIDED_IN_CONNEC1

INFORMATION PROVIDED IN CONNECTION WITH OUTSTANDING DEBT (Tables)	9 Months Ended
	Sep. 30, 2013
INFORMATION PROVIDED IN CONNECTION WITH OUTSTANDING DEBT	'
Condensed Consolidating Balance Sheets	'
	(in millions)	American			AIGLH			Other			Reclassifications			Consolidated
		International						Subsidiaries			and			AIG
		Group, Inc.									Eliminations
		(As Guarantor)
	30-Sep-13
	Assets:
	Short-term investments	$	12,612		$	–		$	11,741		$	(1,896	)	$	22,457
	Other investments(a)		7,361			–			328,484			–			335,845
	Total investments		19,973			–			340,225			(1,896	)		358,302
	Cash		62			5			1,991			–			2,058
	Loans to subsidiaries(b)		31,376			–			955			(32,331	)		–
	Investment in consolidated subsidiaries(b)		68,252			39,624			–			(107,876	)		–
	Other assets, including deferred income taxes		26,342			97			124,712			(887	)		150,264
	Assets held for sale		–			–			30,120			–			30,120
	Total assets	$	146,005		$	39,726		$	498,003		$	(142,990	)	$	540,744
	Liabilities:
	Insurance liabilities	$	–		$	–		$	273,501		$	–		$	273,501
	Long-term debt		31,393			1,352			9,486			–			42,231
	Other liabilities, including intercompany balances(a)(c)		14,908			114			87,732			(2,705	)		100,049
	Loans from subsidiaries(b)		911			268			31,334			(32,513	)		–
	Liabilities held for sale		–			–			25,448			–			25,448
	Total liabilities		47,212			1,734			427,501			(35,218	)		441,229
	Redeemable noncontrolling interests (see Note 12)		–			–			66			–			66
	Total AIG shareholders' equity		98,793			37,992			69,780			(107,772	)		98,793
	Non-redeemable noncontrolling interests		–			–			656			–			656
	Total equity		98,793			37,992			70,436			(107,772	)		99,449
	Total liabilities and equity	$	146,005		$	39,726		$	498,003		$	(142,990	)	$	540,744
	31-Dec-12
	Assets:
	Short-term investments	$	14,764		$	–		$	18,323		$	(4,279	)	$	28,808
	Other investments(a)		3,902			–			345,706			(2,592	)		347,016
	Total investments		18,666			–			364,029			(6,871	)		375,824
	Cash		81			73			997			–			1,151
	Loans to subsidiaries(b)		35,064			–			5,169			(40,233	)		–
	Investment in consolidated subsidiaries(b)		70,781			43,891			(28,239	)		(86,433	)		–
	Other assets, including deferred income taxes		23,153			150			121,345			(4,955	)		139,693
	Assets held for sale		–			–			31,965			–			31,965
	Total assets	$	147,745		$	44,114		$	495,266		$	(138,492	)	$	548,633
	Liabilities:
	Insurance liabilities	$	–		$	–		$	280,533		$	(235	)	$	280,298
	Long-term debt		36,366			1,638			10,197			299			48,500
	Other liabilities, including intercompany balances(a)(c)		12,375			261			89,976			(9,146	)		93,466
	Loans from subsidiaries(b)		1,002			472			41,754			(43,228	)		–
	Liabilities held for sale		–			–			27,366			–			27,366
	Total liabilities		49,743			2,371			449,826			(52,310	)		449,630
	Redeemable noncontrolling interests (see Note 12)		–			–			192			142			334
	Total AIG shareholders' equity		98,002			41,743			44,955			(86,698	)		98,002
	Non-redeemable noncontrolling interests		–			–			293			374			667
	Total equity		98,002			41,743			45,248			(86,324	)		98,669
	Total liabilities and equity	$	147,745		$	44,114		$	495,266		$	(138,492	)	$	548,633
	(a)  Includes intercompany derivative positions, which are reported at fair value before credit valuation adjustment.
	(b)  Eliminated in consolidation.
	(c)  For September 30, 2013 and December 31, 2012, includes intercompany tax payables of $8.6 billion and $6.1 billion, respectively, and intercompany derivative liabilities of $353 million and $602 million, respectively, for American International Group, Inc. (As Guarantor) and intercompany tax receivables for $82 million and $120 million, respectively, for AIGLH.
Condensed Consolidating Statements of Income	'
	(in millions)	American			AIGLH			Other			Reclassifications			Consolidated
		International						Subsidiaries			and			AIG
		Group, Inc.									Eliminations
		(As Guarantor)
	Three Months Ended September 30, 2013
	Revenues:
	Equity in earnings of consolidated subsidiaries*	$	1,992		$	1,368		$	–		$	(3,360	)	$	–
	Other income		64			1			14,866			(105	)		14,826
	Total revenues		2,056			1,369			14,866			(3,465	)		14,826
	Expenses:
	Interest expense		465			29			59			(37	)		516
	Loss on extinguishment of debt		81			–			–			–			81
	Other expenses		668			3			12,410			(31	)		13,050
	Total expenses		1,214			32			12,469			(68	)		13,647
	Income (loss) from continuing operations before income tax expense (benefit)		842			1,337			2,397			(3,397	)		1,179
	Income tax expense (benefit)		(1,328	)		(13	)		361			(13	)		(993	)
	Income (loss) from continuing operations		2,170			1,350			2,036			(3,384	)		2,172
	Loss from discontinued operations, net of income taxes		–			–			(42	)		–			(42	)
	Net income (loss)		2,170			1,350			1,994			(3,384	)		2,130
	Less:
	Net loss from continuing operations attributable to noncontrolling interests		–			–			(40	)		–			(40	)
	Net income (loss) attributable to AIG	$	2,170		$	1,350		$	2,034		$	(3,384	)	$	2,170
	Three Months Ended September 30, 2012
	Revenues:
	Equity in earnings of consolidated subsidiaries*	$	1,811		$	1,580		$	–		$	(3,391	)	$	–
	Change in fair value of ML III		330			–			–			–			330
	Other income		373			–			16,080			(61	)		16,392
	Total revenues		2,514			1,580			16,080			(3,452	)		16,722
	Expenses:
	Interest expense		550			38			74			(60	)		602
	Other expenses		173			–			13,389			–			13,562
	Total expenses		723			38			13,463			(60	)		14,164
	Income (loss) from continuing operations before income tax expense (benefit)		1,791			1,542			2,617			(3,392	)		2,558
	Income tax expense (benefit)		(65	)		117			682			–			734
	Income (loss) from continuing operations		1,856			1,425			1,935			(3,392	)		1,824
	Income from discontinued operations, net of income taxes		–			–			37			–			37
	Net income (loss)		1,856			1,425			1,972			(3,392	)		1,861
	Less:
	Net income from continuing operations attributable to noncontrolling interests:
	Other		–			–			5			–			5
	Net income from continuing operations attributable to noncontrolling interests		–			–			5			–			5
	Net income (loss) attributable to AIG	$	1,856		$	1,425		$	1,967		$	(3,392	)	$	1,856
	(in millions)	American			AIGLH			Other			Reclassifications			Consolidated
		International						Subsidiaries			and			AIG
		Group, Inc.									Eliminations
		(As Guarantor)
	Nine Months Ended September 30, 2013
	Revenues:
	Equity in earnings of consolidated subsidiaries*	$	6,257		$	2,792		$	–		$	(9,049	)	$	–
	Other income		1,031			1			47,255			(258	)		48,029
	Total revenues		7,288			2,793			47,255			(9,307	)		48,029
	Expenses:
	Interest expense		1,475			97			177			(121	)		1,628
	Loss on extinguishment of debt		388			–			71			–			459
	Other expenses		1,261			74			37,537			(88	)		38,784
	Total expenses		3,124			171			37,785			(209	)		40,871
	Income (loss) from continuing operations before income tax expense (benefit)		4,164			2,622			9,470			(9,098	)		7,158
	Income tax expense (benefit)		(2,946	)		(27	)		3,113			(17	)		123
	Income (loss) from continuing operations		7,110			2,649			6,357			(9,081	)		7,035
	Income (loss) from discontinued operations, net of income taxes		(3	)		–			87			–			84
	Net income (loss)		7,107			2,649			6,444			(9,081	)		7,119
	Less:
	Net income from continuing operations attributable to noncontrolling interests		–			–			12			–			12
Net income (loss) attributable to AIG	$	7,107		$	2,649		$	6,432		$	(9,081	)	$	7,107
Nine Months Ended September 30, 2012
Revenues:
Equity in earnings of consolidated subsidiaries*	$	5,757		$	1,716		$	–		$	(7,473	)	$	–
Change in fair value of ML III		2,287			–			601			–			2,888
Other income		1,074			49			46,759			(330	)		47,552
Total revenues		9,118			1,765			47,360			(7,803	)		50,440
Expenses:
Interest expense		1,719			136			207			(328	)		1,734
Net loss on extinguishment of debt		9			–			–			–			9
Other expenses		1,278			–			38,726			–			40,004
Total expenses		3,006			136			38,933			(328	)		41,747
Income (loss) from continuing operations before income tax expense (benefit)		6,112			1,629			8,427			(7,475	)		8,693
Income tax expense (benefit)		(1,284	)		580			2,028			–			1,324
Income (loss) from continuing operations		7,396			1,049			6,399			(7,475	)		7,369
Income from discontinued operations, net of income taxes		–			–			280			–			280
Net income (loss)		7,396			1,049			6,679			(7,475	)		7,649
Less:
Net income (loss) from continuing operations attributable to noncontrolling interests:
Nonvoting, callable, junior and senior preferred interests		–			–			–			208			208
Other		–			–			45			–			45
Net income from continuing operations attributable to noncontrolling interests		–			–			45			208			253
Net income (loss) attributable to AIG	$	7,396		$	1,049		$	6,634		$	(7,683	)	$	7,396
*     Eliminated in consolidation.
Condensed Consolidating Statements of Comprehensive Income	'
	(in millions)	American			AIGLH			Other			Reclassifications			Consolidated
		International						Subsidiaries			and			AIG
		Group, Inc.									Eliminations
		(As Guarantor)
	Three Months Ended September 30, 2013
	Net income (loss)	$	2,170		$	1,350		$	1,994		$	(3,384	)	$	2,130
	Other comprehensive income (loss)		(530	)		(299	)		(498	)		795			(532	)
	Comprehensive income (loss)		1,640			1,051			1,496			(2,589	)		1,598
	Total comprehensive loss attributable to noncontrolling interests		–			–			(42	)		–			(42	)
	Comprehensive income (loss) attributable to AIG	$	1,640		$	1,051		$	1,538		$	(2,589	)	$	1,640
	Three Months Ended September 30, 2012
	Net income (loss)	$	1,856		$	1,425		$	1,972		$	(3,392	)	$	1,861
	Other comprehensive income (loss)		3,096			1,995			3,096			(5,088	)		3,099
	Comprehensive income (loss)		4,952			3,420			5,068			(8,480	)		4,960
	Total comprehensive income attributable to noncontrolling interests		–			–			8			–			8
	Comprehensive income (loss) attributable to AIG	$	4,952		$	3,420		$	5,060		$	(8,480	)	$	4,952
	Nine Months Ended September 30, 2013
	Net income (loss)	$	7,107		$	2,649		$	6,444		$	(9,081	)	$	7,119
	Other comprehensive income (loss)		(6,065	)		(4,289	)		(6,125	)		10,391			(6,088	)
	Comprehensive income (loss)		1,042			(1,640	)		319			1,310			1,031
	Total comprehensive loss attributable to noncontrolling interests		–			–			(11	)		–			(11	)
	Comprehensive income (loss) attributable to AIG	$	1,042		$	(1,640	)	$	330		$	1,310		$	1,042
	Nine Months Ended September 30, 2012
	Net income (loss)	$	7,396		$	1,049		$	6,679		$	(7,475	)	$	7,649
	Other comprehensive income (loss)		5,734			3,754			6,791			(10,545	)		5,734
	Comprehensive income (loss)		13,130			4,803			13,470			(18,020	)		13,383
	Total comprehensive income attributable to noncontrolling interests		–			–			45			208			253
	Comprehensive income (loss) attributable to AIG	$	13,130		$	4,803		$	13,425		$	(18,228	)	$	13,130
Condensed Consolidating Statements of Cash Flows	'
	(in millions)	American			AIGLH			Other			Consolidated
		International						Subsidiaries			AIG
		Group, Inc.						and
		(As Guarantor)						Eliminations
	Nine Months Ended September 30, 2013
	Net cash (used in) provided by operating activities — continuing operations	$	3,078		$	3,082		$	(4,236	)	$	1,924
	Net cash provided by operating activities — discontinued operations		–			–			2,024			2,024
	Net cash (used in) provided by operating activities		3,078			3,082			(2,212	)		3,948
	Cash flows from investing activities:
	Sales of investments		1,065			–			57,607			58,672
	Purchase of investments		(4,981	)		–			(54,232	)		(59,213	)
	Loans to subsidiaries — net		3,491			–			(3,491	)		–
	Contributions to subsidiaries — net		(240	)		(1	)		241			–
	Net change in restricted cash		428			–			549			977
	Net change in short-term investments		2,552			–			4,249			6,801
	Other, net		194			–			(1,063	)		(869	)
	Net cash (used in) provided by investing activities — continuing operations		2,509			(1	)		3,860			6,368
	Net cash provided by investing activities — discontinued operations		–			–			150			150
	Net cash (used in) provided by investing activities		2,509			(1	)		4,010			6,518
	Cash flows from financing activities:
	Issuance of long-term debt		1,020			–			722			1,742
	Repayments of long-term debt		(5,866	)		(245	)		(1,270	)		(7,381	)
	Purchase of Common Stock		(192	)		–			–			(192	)
	Intercompany loans — net		(89	)		(205	)		294			–
	Cash dividends paid		(147	)		(2,699	)		2,699			(147	)
	Other, net		(332	)		–			(996	)		(1,328	)
	Net cash (used in) provided by financing activities — continuing operations		(5,606	)		(3,149	)		1,449			(7,306	)
	Net cash (used in) financing activities — discontinued operations		–			–			(2,166	)		(2,166	)
	Net cash (used in) financing activities		(5,606	)		(3,149	)		(717	)		(9,472	)
	Effect of exchange rate changes on cash		–			–			(79	)		(79	)
	Change in cash		(19	)		(68	)		1,002			915
	Cash at beginning of year		81			73			997			1,151
	Reclassification to assets held for sale		–			–			(8	)		(8	)
	Cash at end of period	$	62		$	5		$	1,991		$	2,058
	Nine Months Ended September 30, 2012
	Net cash (used in) provided by operating activities — continuing operations	$	1,275		$	2,243		$	(2,928	)	$	590
	Net cash provided by operating activities — discontinued operations		–			–			2,249			2,249
	Net cash (used in) provided by operating activities		1,275			2,243			(679	)		2,839
	Cash flows from investing activities:
	Sales of investments		9,806			–			65,131			74,937
	Purchase of investments		(4,339	)		–			(51,709	)		(56,048	)
	Loans to subsidiaries — net		1,730			–			(1,730	)		–
	Contributions to subsidiaries — net		954			–			(954	)		–
	Net change in restricted cash		(381	)		–			1,032			651
	Net change in short-term investments		4,881			–			(3,081	)		1,800
	Other, net		252			–			(429	)		(177	)
	Net cash provided by investing activities — continuing operations		12,903			–			8,260			21,163
	Net cash (used in) investing activities — discontinued operations		–			–			(2,005	)		(2,005	)
	Net cash provided by investing activities		12,903			–			6,255			19,158
	Cash flows from financing activities:
	Issuance of long-term debt		3,754			–			750			4,504
	Repayments of long-term debt		(2,995	)		–			(3,176	)		(6,171	)
	Intercompany loans — net		(1,944	)		(2,256	)		4,200			–
	Purchase of common stock		(13,000	)		–			–			(13,000	)
	Other, net		(44	)		–			(6,871	)		(6,915	)
	Net cash (used in) financing activities — continuing operations		(14,229	)		(2,256	)		(5,097	)		(21,582	)
	Net cash (used in) financing activities — discontinued operations		–			–			(272	)		(272	)
	Net cash (used in) financing activities		(14,229	)		(2,256	)		(5,369	)		(21,854	)
	Effect of exchange rate changes on cash		–			–			(9	)		(9	)
	Change in cash		(51	)		(13	)		198			134
	Cash at beginning of year		176			13			1,285			1,474
	Cash at end of period	$	125		$	–		$	1,483		$	1,608
Supplementary Disclosure of Condensed Consolidating Cash Flow Information	'
	(in millions)	American			AIGLH			Other			Consolidated
		International						Subsidiaries			AIG
		Group, Inc.						and
		(As Guarantor)						Eliminations
	Cash (paid) received during the nine month period ended September 30, 2013 period for:
	Interest:
	Third party	$	(1,473	)	$	(98	)	$	(1,380	)	$	(2,951	)
	Intercompany		(9	)		(21	)		30			–
	Taxes:
	Income tax authorities	$	(160	)	$	–		$	(218	)	$	(378	)
	Intercompany		1,116			(78	)		(1,038	)		–
	Cash (paid) received during the nine month period ended September 30, 2012 period for:
	Interest:
	Third party	$	(1,535	)	$	(109	)	$	(1,412	)	$	(3,056	)
	Intercompany		(129	)		(49	)		178			–
	Taxes:
	Income tax authorities	$	(6	)	$	–		$	(397	)	$	(403	)
	Intercompany		884			(41	)		(843	)		–
Supplementary disclosure of non-cash activities	'
	Nine Months Ended September 30,	2013			2012
	(in millions)
	Intercompany non-cash financing and investing activities:
	Capital contributions
	in the form of bond available for sale securities	$	–		$	959
	to subsidiaries through forgiveness of loans		341
	Return of capital and dividend received
	in the form of cancellation of intercompany loan		–			9,303
	in the form of bond trading securities		–			3,320
	Other capital contributions — net		523			339

BASIS_OF_PRESENTATION_Details

BASIS OF PRESENTATION (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
BASIS OF PRESENTATION	'	'
Common stock, par value (in dollars per share)	$2.50	$2.50

SEGMENT_INFORMATION_Details

SEGMENT INFORMATION (Details) (USD $)	3 Months Ended			9 Months Ended		12 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Mar. 31, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
		segment				segment
Segment results	'	'	'	'	'	'
Number of reportable segments	'	'	'	2	'	'
Total revenues	$14,826	'	$16,722	$48,029	$50,440	'
Pre-tax Income (loss) from continuing operations	1,179	'	2,558	7,158	8,693	'
Reportable segment | Total AIG Property Casualty	'	'	'	'	'	'
Segment results	'	'	'	'	'	'
Total revenues	9,608	'	10,149	29,333	29,967	'
Pre-tax Income (loss) from continuing operations	1,029	'	949	3,801	2,820	'
Reportable segment | Total AIG Property Casualty | Operating segments | Commercial Insurance	'	'	'	'	'	'
Segment results	'	'	'	'	'	'
Total revenues	5,760	'	5,927	17,229	17,871	'
Pre-tax Income (loss) from continuing operations	610	'	371	2,186	1,761	'
Reportable segment | Total AIG Property Casualty | Operating segments | Consumer Insurance	'	'	'	'	'	'
Segment results	'	'	'	'	'	'
Total revenues	3,359	'	3,582	10,212	10,758	'
Pre-tax Income (loss) from continuing operations	93	'	152	337	578	'
Reportable segment | Total AIG Property Casualty | Other	'	'	'	'	'	'
Segment results	'	'	'	'	'	'
Total revenues	489	'	640	1,892	1,338	'
Pre-tax Income (loss) from continuing operations	326	'	426	1,278	481	'
Reportable segment | Total AIG Life and Retirement	'	'	'	'	'	'
Segment results	'	'	'	'	'	'
Number of operating segments	'	2	'	'	'	2
Total revenues	4,644	'	4,747	15,432	13,077	'
Pre-tax Income (loss) from continuing operations	1,241	'	889	4,530	2,528	'
Reportable segment | Total AIG Life and Retirement | Operating segments | Retail	'	'	'	'	'	'
Segment results	'	'	'	'	'	'
Total revenues	2,884	'	2,747	9,326	7,647	'
Pre-tax Income (loss) from continuing operations	941	'	531	3,114	1,356	'
Reportable segment | Total AIG Life and Retirement | Operating segments | Institutional	'	'	'	'	'	'
Segment results	'	'	'	'	'	'
Total revenues	1,760	'	2,000	6,106	5,430	'
Pre-tax Income (loss) from continuing operations	300	'	358	1,416	1,172	'
AIG Consolidation and elimination	'	'	'	'	'	'
Segment results	'	'	'	'	'	'
Total revenues	-104	'	-387	-413	-689	'
Pre-tax Income (loss) from continuing operations	34	'	-171	96	-166	'
Other Operations	'	'	'	'	'	'
Segment results	'	'	'	'	'	'
Total revenues	678	'	2,213	3,677	8,085	'
Pre-tax Income (loss) from continuing operations	-1,125	'	891	-1,269	3,511	'
Other Operations | Mortgage Guaranty	'	'	'	'	'	'
Segment results	'	'	'	'	'	'
Total revenues	236	'	218	710	642	'
Pre-tax Income (loss) from continuing operations	43	'	6	162	62	'
Other Operations | Global Capital Markets	'	'	'	'	'	'
Segment results	'	'	'	'	'	'
Total revenues	87	'	235	592	405	'
Pre-tax Income (loss) from continuing operations	29	'	190	431	253	'
Other Operations | Direct Investment Book	'	'	'	'	'	'
Segment results	'	'	'	'	'	'
Total revenues	147	'	506	1,373	1,434	'
Pre-tax Income (loss) from continuing operations	52	'	406	1,084	1,139	'
Other Operations | Retained Interests	'	'	'	'	'	'
Segment results	'	'	'	'	'	'
Total revenues	'	'	857	'	4,717	'
Pre-tax Income (loss) from continuing operations	'	'	857	'	4,717	'
Other Operations | Corporate and Other	'	'	'	'	'	'
Segment results	'	'	'	'	'	'
Total revenues	217	'	412	1,030	925	'
Pre-tax Income (loss) from continuing operations	-1,250	'	-566	-2,949	-2,659	'
Other Operations | Consolidation and elimination of reconciling items	'	'	'	'	'	'
Segment results	'	'	'	'	'	'
Total revenues	-9	'	-15	-28	-38	'
Pre-tax Income (loss) from continuing operations	$1	'	($2)	$3	($1)	'

HELDFORSALE_CLASSIFICATION_AND2

HELD-FOR-SALE CLASSIFICATION AND DISCONTINUED OPERATIONS (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Dec. 31, 2012

Dec. 31, 2011

Sep. 30, 2013

Dec. 09, 2012

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2012

Jul. 15, 2013

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2012

Airbus A340-600s

International Lease Finance Corporation (ILFC)

International Lease Finance Corporation (ILFC)

International Lease Finance Corporation (ILFC)

International Lease Finance Corporation (ILFC)

International Lease Finance Corporation (ILFC)

Discontinued operations

Discontinued operations

Discontinued operations

Discontinued operations

International Lease Finance Corporation (ILFC)

International Lease Finance Corporation (ILFC)

ALICO

ALICO

Assets held-for-sale

Assets held-for-sale

Flight Equipment

Flight Equipment

item

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Percentage of common stock agreed to be sold

'

'

'

'

'

'

'

80.10%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Consideration in cash

'

'

'

'

'

'

'

$4,200,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Additional percentage of common stock under purchase option

'

'

'

'

'

'

'

9.90%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Additional consideration for common stock under purchase option

'

'

'

'

'

'

'

522,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total percentage of common stock agreed to be sold

'

'

'

'

'

'

'

'

'

'

'

90.00%

'

'

'

'

'

'

'

'

'

'

Assets:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Equity securities

3,378,000,000

'

3,378,000,000

'

3,212,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,000,000

1,000,000

Mortgage and other loans receivable, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

178,000,000

117,000,000

Flight equipment primarily under operating leases, net of accumulated depreciation

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

35,256,000,000

34,468,000,000

Short-term investments

22,457,000,000

'

22,457,000,000

'

28,808,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

548,000,000

1,861,000,000

Cash

2,058,000,000

1,608,000,000

2,058,000,000

1,608,000,000

1,151,000,000

1,474,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

71,000,000

63,000,000

Premiums and other receivables, net of allowance

13,715,000,000

'

13,715,000,000

'

13,989,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

300,000,000

308,000,000

Other assets

8,736,000,000

'

8,736,000,000

'

10,399,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,238,000,000

1,864,000,000

Assets held for sale

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

38,593,000,000

38,682,000,000

Less: Loss Accrual

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-8,473,000,000

-6,717,000,000

Total assets held for sale

30,120,000,000

'

30,120,000,000

'

31,965,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

30,120,000,000

31,965,000,000

Liabilities:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other liabilities

31,368,000,000

'

31,368,000,000

'

32,068,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,195,000,000

3,043,000,000

Long-term debt

42,231,000,000

'

42,231,000,000

'

48,500,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

22,253,000,000

24,323,000,000

Total liabilities held for sale

25,448,000,000

'

25,448,000,000

'

27,366,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

25,448,000,000

27,366,000,000

Revenues:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Aircraft leasing revenue

'

'

'

'

'

'

'

'

'

'

'

'

1,120,000,000

1,147,000,000

3,313,000,000

3,426,000,000

'

'

'

'

'

'

Net realized capital gains (losses)

252,000,000

646,000,000

2,143,000,000

794,000,000

'

'

'

'

'

'

'

'

1,000,000

1,000,000

'

'

'

'

'

'

'

'

Other income (loss)

1,004,000,000

1,334,000,000

4,498,000,000

3,068,000,000

'

'

'

'

'

'

'

'

-3,000,000

-5,000,000

-10,000,000

-14,000,000

'

'

'

'

'

'

Total revenues

14,826,000,000

16,722,000,000

48,029,000,000

50,440,000,000

'

'

'

'

'

'

'

'

1,118,000,000

1,143,000,000

3,303,000,000

3,412,000,000

'

'

'

'

'

'

Benefits, claims and expenses, excluding Aircraft leasing expenses

'

'

'

'

'

'

'

'

'

'

'

'

341,000,000

386,000,000

1,112,000,000

1,184,000,000

'

'

'

'

'

'

Aircraft leasing expenses

'

'

'

'

'

'

'

'

'

'

'

'

196,000,000

720,000,000

376,000,000

1,991,000,000

'

'

'

'

'

'

Income (loss) from discontinued operations

'

'

'

'

'

'

'

'

'

'

'

'

581,000,000

37,000,000

1,815,000,000

237,000,000

'

'

'

'

'

'

Gain (loss) on sale

'

'

'

'

'

'

'

'

-582,000,000

-1,800,000,000

-6,700,000,000

'

-609,000,000

'

-1,636,000,000

12,000,000

'

'

-27,000,000

118,000,000

'

'

Income (loss) from discontinued operations, before tax expense (benefit)

'

'

'

'

'

'

'

'

'

'

'

'

-28,000,000

37,000,000

179,000,000

249,000,000

'

'

'

'

'

'

Income tax expense (benefit)

'

'

'

'

'

'

'

'

'

'

'

'

14,000,000

'

95,000,000

-31,000,000

'

'

'

'

'

'

Income (loss) from discontinued operations, net of income tax

-42,000,000

37,000,000

84,000,000

280,000,000

'

'

'

'

'

'

-4,400,000,000

'

-42,000,000

37,000,000

84,000,000

280,000,000

'

'

'

'

'

'

Impairment charge related to assets held for use

'

'

'

'

'

'

$1,000,000,000

'

'

'

'

'

'

'

'

'

$1,100,000,000

$1,100,000,000

'

'

'

'

Number of engine widebody aircraft in the fleet

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4

'

'

'

'

FAIR_VALUE_MEASUREMENTS_Detail

FAIR VALUE MEASUREMENTS (Details) (USD $)

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

In Millions, unless otherwise specified

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

Recurring Basis

U.S. government and government sponsored entities

U.S. government and government sponsored entities

Non-U.S. government

Non-U.S. government

Non-U.S. government

Non-U.S. government

Level 1

Level 1

Level 1

Level 1

Level 1

Level 1

Level 1

Level 1

Level 1

Level 1

Level 1

Level 1

Level 1

Level 1

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 2

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Counterparty Netting

Counterparty Netting

Counterparty Netting

Counterparty Netting

Cash Collateral

Cash Collateral

Cash Collateral

Cash Collateral

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Interest rate contracts

Interest rate contracts

Equity contracts

Equity contracts

U.S. government and government sponsored entities

U.S. government and government sponsored entities

Non-U.S. government

Non-U.S. government

Common Stock

Common Stock

Mutual Funds

Mutual Funds

Interest rate contracts

Interest rate contracts

Foreign exchange contracts

Foreign exchange contracts

Equity contracts

Equity contracts

Commodity contracts

Commodity contracts

Credit contracts

Other contracts

Other contracts

U.S. government and government sponsored entities

U.S. government and government sponsored entities

Obligations of states, municipalities and political subdivisions

Obligations of states, municipalities and political subdivisions

Non-U.S. government

Non-U.S. government

Corporate debt

Corporate debt

Residential mortgage backed securities (RMBS)

Residential mortgage backed securities (RMBS)

Commercial mortgage-backed securities (CMBS)

Commercial mortgage-backed securities (CMBS)

Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)

Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)

Common Stock

Preferred Stock

Preferred Stock

Mutual Funds

Mutual Funds

Interest rate contracts

Interest rate contracts

Equity contracts

Equity contracts

Commodity contracts

Commodity contracts

Credit contracts

Credit contracts

Other contracts

Other contracts

Obligations of states, municipalities and political subdivisions

Obligations of states, municipalities and political subdivisions

Non-U.S. government

Non-U.S. government

Corporate debt

Corporate debt

Residential mortgage backed securities (RMBS)

Residential mortgage backed securities (RMBS)

Commercial mortgage-backed securities (CMBS)

Commercial mortgage-backed securities (CMBS)

Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)

Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)

Common Stock

Common Stock

Preferred Stock

Preferred Stock

Counterparty netting and cash collateral

Counterparty netting and cash collateral

Counterparty netting and cash collateral

Counterparty netting and cash collateral

Interest rate contracts

Interest rate contracts

Foreign exchange contracts

Foreign exchange contracts

Equity contracts

Equity contracts

Commodity contracts

Commodity contracts

Credit contracts

Credit contracts

Other contracts

Other contracts

Counterparty netting and cash collateral

Counterparty netting and cash collateral

U.S. government and government sponsored entities

U.S. government and government sponsored entities

Obligations of states, municipalities and political subdivisions

Obligations of states, municipalities and political subdivisions

Non-U.S. government

Non-U.S. government

Corporate debt

Corporate debt

Residential mortgage backed securities (RMBS)

Residential mortgage backed securities (RMBS)

Commercial mortgage-backed securities (CMBS)

Commercial mortgage-backed securities (CMBS)

Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)

Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)

Common Stock

Common Stock

Preferred Stock

Preferred Stock

Mutual Funds

Mutual Funds

Fair Value, Assets Measured on Recurring Basis

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Bonds available for sale

$259,901

$269,959

'

'

'

'

'

'

'

'

$524

$1,004

'

'

'

'

$100

'

$424

$1,004

'

'

'

'

$230,507

$244,803

'

'

'

'

'

'

'

'

'

'

'

$3,335

$3,483

$29,827

$34,681

$22,589

$25,782

$142,726

$149,625

$22,390

$22,730

$5,896

$5,010

$3,744

$3,492

'

'

'

'

'

$28,870

$24,152

'

'

'

'

'

'

'

'

'

'

$1,054

$1,024

$21

$14

$1,442

$1,487

$14,086

$11,662

$5,616

$4,905

$6,651

$5,060

'

'

'

'

'

'

'

'

'

'

'

'

$259,901

$269,959

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$3,435

$3,483

$30,881

$35,705

$23,034

$26,800

$144,168

$151,112

$36,476

$34,392

$11,512

$9,915

$10,395

$8,552

'

'

'

'

'

'

Bond trading securities, at fair value

22,884

24,584

'

'

'

'

'

'

'

'

83

266

'

'

'

'

83

266

'

'

'

'

'

'

12,274

14,574

'

'

'

'

'

'

'

'

'

'

'

5,784

6,528

181

'

2

2

1,147

1,320

1,363

1,331

623

1,424

3,174

3,969

'

'

'

'

'

10,527

9,744

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

815

396

831

803

8,881

8,545

'

'

'

'

'

'

'

'

'

'

'

'

22,884

24,584

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5,867

6,794

181

'

2

2

1,147

1,320

2,178

1,727

1,454

2,227

12,055

12,514

'

'

'

'

'

'

Equity securities available for sale

3,378

3,212

'

'

'

'

'

'

'

'

3,267

3,085

'

'

'

'

'

'

'

'

2,991

3,002

276

83

36

59

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3

29

34

7

22

75

68

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

27

24

48

44

'

'

'

'

'

'

'

'

3,378

3,212

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,018

3,029

77

78

283

105

Equity securities trading

807

662

'

'

'

'

'

'

'

'

721

578

'

'

'

'

'

'

'

'

'

'

'

'

86

84

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

807

662

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Mortgage and other loans receivable

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

134

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

134

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other invested assets

8,071

7,056

'

'

'

'

'

'

'

'

5

125

'

'

'

'

'

'

'

'

'

'

'

'

2,318

1,542

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5,748

5,389

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

8,071

7,056

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Derivative assets, at fair value

1,723

3,671

'

'

'

'

'

'

'

'

118

106

5

2

113

104

'

'

'

'

'

'

'

'

4,069

5,832

3,970

5,521

41

104

57

63

'

144

1

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

210

1,109

38

956

83

54

1

1

55

60

33

38

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,863

-2,467

-1,863

-2,467

-811

-909

-811

-909

1,723

3,671

4,013

6,479

41

104

253

221

1

145

56

60

33

38

-2,674

-3,376

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Short-term investments, portion measured at fair value

5,373

8,056

'

'

'

'

'

'

'

'

339

285

'

'

'

'

'

'

'

'

'

'

'

'

5,034

7,771

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5,373

8,056

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Separate account assets, at fair value

65,959

57,337

'

'

'

'

'

'

'

'

62,944

54,430

'

'

'

'

'

'

'

'

'

'

'

'

3,015

2,907

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

65,959

57,337

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other assets

486

696

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

486

696

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

486

696

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Fair value assets measured on recurring basis, total

'

'

'

'

'

'

'

'

'

'

68,001

59,879

'

'

'

'

'

'

'

'

'

'

'

'

257,825

278,402

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

45,430

40,462

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,863

-2,467

'

'

-811

-909

'

'

368,582

375,367

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Fair Value, Liabilities Measured on Recurring Basis

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Policyholder contract deposits, portion measured at fair value

387

1,257

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

387

1,257

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

387

1,257

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Derivative liabilities, at fair value

2,722

4,061

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4,358

6,022

3,960

5,582

275

174

94

114

4

146

'

25

6

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,891

2,482

165

224

1

7

'

'

1,561

2,051

164

200

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,863

-2,467

-1,863

-2,467

-1,664

-1,976

-1,664

-1,976

2,722

4,061

4,125

5,806

275

174

95

121

4

146

1,561

2,051

189

206

-3,527

-4,443

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Long-term debt, portion measured at fair value

6,981

8,055

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6,538

7,711

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

443

344

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6,981

8,055

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other liabilities

766

1,080

'

'

'

'

'

'

'

'

73

30

'

'

'

'

'

'

'

'

'

'

'

'

693

1,050

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

766

1,080

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Fair value liabilities measured on recurring basis, total

'

'

'

'

'

'

'

'

'

'

73

30

'

'

'

'

'

'

'

'

'

'

'

'

11,589

14,783

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,721

4,083

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,863

-2,467

'

'

-1,664

-1,976

'

'

10,856

14,453

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Securities collateral posted for derivative transactions

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,400

1,900

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Securities collateral received not reflected in balance sheet

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

160

299

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Assets transferred from Level 1 to Level 2

'

'

'

'

263

356

174

148

731

284

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Assets transferred from Level 2 to Level 1

'

'

$0

$0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

FAIR_VALUE_MEASUREMENTS_Detail1

FAIR VALUE MEASUREMENTS (Details 2) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

In Millions, unless otherwise specified

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Jun. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Jun. 30, 2013

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2012

Jun. 30, 2012

Dec. 31, 2011

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Liabilities

Liabilities

Liabilities

Liabilities

Liabilities

Liabilities

Liabilities

Liabilities

Policyholder contract deposits

Policyholder contract deposits

Policyholder contract deposits

Policyholder contract deposits

Policyholder contract deposits

Policyholder contract deposits

Policyholder contract deposits

Policyholder contract deposits

Derivative liabilities, net

Derivative liabilities, net

Derivative liabilities, net

Derivative liabilities, net

Derivative liabilities, net

Derivative liabilities, net

Derivative liabilities, net

Derivative liabilities, net

Interest rate contracts

Interest rate contracts

Interest rate contracts

Interest rate contracts

Interest rate contracts

Interest rate contracts

Interest rate contracts

Interest rate contracts

Foreign exchange contracts

Equity contracts

Equity contracts

Equity contracts

Equity contracts

Equity contracts

Equity contracts

Commodity contracts

Commodity contracts

Commodity contracts

Commodity contracts

Commodity contracts

Credit contracts

Credit contracts

Credit contracts

Credit contracts

Credit contracts

Credit contracts

Credit contracts

Credit contracts

Other contracts

Other contracts

Other contracts

Other contracts

Other contracts

Other contracts

Other contracts

Other contracts

Long-term debt

Long-term debt

Long-term debt

Long-term debt

Long-term debt

Long-term debt

Long-term debt

Long-term debt

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bonds available for sale

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Bond trading securities

Equity securities available for sale

Equity securities available for sale

Equity securities available for sale

Equity securities available for sale

Equity securities available for sale

Equity securities available for sale

Equity securities available for sale

Equity securities available for sale

Equity securities available for sale

Equity securities available for sale

Equity securities available for sale

Equity securities available for sale

Other invested assets

Other invested assets

Other invested assets

Other invested assets

Mortgage and other loans receivable

Mortgage and other loans receivable

Mortgage and other loans receivable

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Obligations of states, municipalities and political subdivisions

Obligations of states, municipalities and political subdivisions

Obligations of states, municipalities and political subdivisions

Obligations of states, municipalities and political subdivisions

Non-U.S. government

Non-U.S. government

Non-U.S. government

Non-U.S. government

Corporate debt

Corporate debt

Corporate debt

Corporate debt

Residential mortgage backed securities (RMBS)

Residential mortgage backed securities (RMBS)

Residential mortgage backed securities (RMBS)

Residential mortgage backed securities (RMBS)

Commercial mortgage-backed securities (CMBS)

Commercial mortgage-backed securities (CMBS)

Commercial mortgage-backed securities (CMBS)

Commercial mortgage-backed securities (CMBS)

Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)

Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)

Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)

Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Corporate debt

Corporate debt

Residential mortgage backed securities (RMBS)

Residential mortgage backed securities (RMBS)

Residential mortgage backed securities (RMBS)

Residential mortgage backed securities (RMBS)

Residential mortgage backed securities (RMBS)

Residential mortgage backed securities (RMBS)

Residential mortgage backed securities (RMBS)

Residential mortgage backed securities (RMBS)

Commercial mortgage-backed securities (CMBS)

Commercial mortgage-backed securities (CMBS)

Commercial mortgage-backed securities (CMBS)

Commercial mortgage-backed securities (CMBS)

Commercial mortgage-backed securities (CMBS)

Commercial mortgage-backed securities (CMBS)

Commercial mortgage-backed securities (CMBS)

Commercial mortgage-backed securities (CMBS)

Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)

Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)

Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)

Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)

Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)

Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)

Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)

Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)

Common Stock

Common Stock

Common Stock

Common Stock

Preferred Stock

Preferred Stock

Preferred Stock

Preferred Stock

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Trading Revenue

Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation calculation

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Balance Beginning of Period

$44,227

$45,164

$39,353

$38,027

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$27,890

$22,537

$24,152

$21,956

$945

$1,013

$1,024

$960

$20

$13

$14

$9

$1,634

$1,306

$1,487

$1,935

$13,694

$10,488

$11,662

$10,877

$5,455

$4,643

$5,124

$3,955

$6,142

$5,074

$4,841

$4,220

$10,574

$15,397

$9,744

$9,296

'

'

'

'

$3

$7

$782

$290

$396

$303

'

'

'

'

$820

$457

$812

$554

'

'

'

'

$8,972

$14,647

$8,536

$8,432

'

'

'

'

$124

$180

$68

$156

$76

$41

$24

$57

$139

$44

$99

$48

$5,639

$7,049

$5,389

$6,618

$1

$1

$1

Net Realized and Unrealized Gains (Losses) Included in Income

523

949

2,103

4,050

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

258

294

795

407

4

16

29

48

'

1

'

1

-3

10

-7

-7

216

197

624

322

4

-17

15

-84

37

87

134

127

290

618

1,164

3,760

'

'

'

'

'

'

14

40

24

68

'

'

'

'

33

-3

44

46

'

'

'

'

243

581

1,096

3,646

'

'

'

'

'

15

'

40

'

'

'

23

15

'

17

'

-25

22

144

-157

'

'

'

Other Comprehensive Income (Loss)

2

1,411

216

3,103

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-75

1,416

120

2,867

-28

'

-178

11

'

-1

'

'

5

35

-9

104

-60

1,029

279

1,832

55

271

75

572

-47

82

-47

348

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1

-13

8

-48

-1

-1

4

-13

-12

4

-35

'

78

8

88

284

'

'

'

Purchases, Sales, Issues and Settlements, Net

142

-7,524

1,933

-3,240

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

753

-494

3,468

735

160

102

365

139

1

2

7

'

'

94

30

96

127

-678

1,393

32

102

115

290

618

363

-129

1,383

-150

-618

-6,836

-1,629

-3,850

'

'

'

'

-1

-5

-8

-56

130

-94

'

'

'

'

-53

1

-193

-121

'

'

'

'

-557

-6,780

-1,566

-3,630

'

'

'

'

-48

-104

-1

-68

-48

'

-1

-33

-104

'

-35

'

55

-90

95

-57

'

'

'

Gross Transfers in, assets

777

1,333

3,122

3,538

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

495

888

1,387

2,288

'

25

'

70

'

'

1

5

39

233

371

579

167

566

186

921

'

1

161

44

289

63

668

669

281

311

1,390

347

'

'

'

'

'

'

27

97

265

97

'

'

'

'

31

157

282

193

'

'

'

'

223

57

843

57

'

'

'

'

'

8

'

17

'

'

'

6

8

'

11

'

1

126

345

886

'

'

'

Gross Transfers out, assets

-451

-808

-1,507

-4,953

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-451

-761

-1,052

-4,373

-27

-52

-186

-124

'

-1

-1

-1

-233

-66

-430

-1,095

-58

-114

-58

-2,496

'

'

-49

-92

-133

-528

-328

-565

'

-1

-142

-64

'

'

'

'

'

'

'

-1

'

-4

'

'

'

'

'

'

-114

-60

'

'

'

'

'

'

-28

'

'

'

'

'

'

-1

'

-12

'

'

'

'

-1

'

-12

'

'

-45

-313

-504

'

'

'

Balance End of Period

45,220

40,525

45,220

40,525

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

28,870

23,880

28,870

23,880

1,054

1,104

1,054

1,104

21

14

21

14

1,442

1,612

1,442

1,612

14,086

11,488

14,086

11,488

5,616

5,013

5,616

5,013

6,651

4,649

6,651

4,649

10,527

9,489

10,527

9,489

'

'

'

'

2

2

815

370

815

370

'

'

'

'

831

612

831

612

'

'

'

'

8,881

8,505

8,881

8,505

'

'

'

'

75

85

75

85

27

40

27

40

45

48

45

48

5,748

7,070

5,748

7,070

1

1

1

Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, assets

'

'

'

'

259

420

394

2,698

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

259

420

394

2,698

'

'

'

'

'

'

13

12

-27

18

'

'

'

'

29

-19

-13

45

'

'

'

'

217

427

434

2,635

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Balance at the Beginning of the Period

'

'

'

'

'

'

'

'

-1,854

-3,545

-2,974

-3,849

'

'

'

'

-586

-1,188

-1,257

-918

'

'

'

'

-849

-1,950

-1,373

-2,423

'

'

'

'

779

761

732

785

'

'

'

'

2

70

28

47

28

'

'

2

1

2

1

'

-1,594

-2,587

-1,991

-3,273

'

'

'

'

-105

-154

-162

33

'

'

'

'

-419

-407

-344

-508

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net Realized and Unrealized Gains (Losses) Included in Income

'

'

'

'

'

'

'

'

311

-19

1,214

-418

'

'

'

'

250

-45

865

-314

'

'

'

'

86

53

469

301

'

'

'

'

6

-55

20

-9

'

'

'

'

'

12

18

49

7

'

'

4

'

4

'

'

52

208

365

409

'

'

'

'

16

-122

35

-110

'

'

'

'

-25

-27

-120

-405

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Accumulated Other Comprehensive Income (loss)

'

'

'

'

'

'

'

'

-25

-78

-16

-153

'

'

'

'

'

-72

'

-72

'

'

'

'

-25

-6

-16

-4

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-25

-6

-16

-4

'

'

'

'

'

'

'

-77

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Purchases, Sales, Issues and Settlements-Net

'

'

'

'

'

'

'

'

-943

260

-733

741

'

'

'

'

-51

-3

5

-4

'

'

'

'

-893

202

-761

548

'

'

'

'

-912

47

-879

-23

'

'

'

'

-2

-1

-4

-14

9

'

'

-3

-1

-5

'

'

36

89

120

574

'

'

'

'

-16

73

13

-5

'

'

'

'

1

61

23

197

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gross Transfers in, liabilities

'

'

'

'

'

'

'

'

'

-17

-3

-142

'

'

'

'

'

'

'

'

'

'

'

'

'

17

-1

-108

'

'

'

'

'

'

'

'

'

'

'

'

'

1

1

'

-1

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1

16

-1

-107

'

'

'

'

'

-34

-2

-34

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gross Transfers out, liabilities

'

'

'

'

'

'

'

'

'

-2

1

420

'

'

'

'

'

'

'

'

'

'

'

'

'

-2

1

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-2

1

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

420

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Balance at the End of the Period

'

'

'

'

'

'

'

'

-2,511

-3,401

-2,511

-3,401

'

'

'

'

-387

-1,308

-387

-1,308

'

'

'

'

-1,681

-1,686

-1,681

-1,686

'

'

'

'

-127

753

-127

753

'

'

'

'

'

82

43

82

43

'

'

1

1

1

1

'

-1,506

-2,290

-1,506

-2,290

'

'

'

'

-131

-193

-131

-193

'

'

'

'

-443

-407

-443

-407

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Changes in Unrealized Gains (Losses) on Instruments Held at End of Period, liabilities

'

'

'

'

'

'

'

'

'

'

'

'

$311

$89

$1,350

$311

'

'

'

'

$218

($100)

$825

($325)

'

'

'

'

$112

$214

$566

$859

'

'

'

'

$3

($7)

$33

$12

'

'

'

'

'

$10

$40

'

'

'

'

($1)

'

'

'

'

$91

$238

$486

$876

'

'

'

'

$8

($17)

$8

($29)

'

'

'

'

$19

($25)

($41)

($223)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

FAIR_VALUE_MEASUREMENTS_Detail2

FAIR VALUE MEASUREMENTS (Details 3) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, assets	$523	$949	$2,103	$4,050
Policyholder contract deposits	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, liabilities	250	-45	865	-314
Policyholder contract deposits | Net realized capital gains (losses)	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, liabilities	250	-45	865	-314
Derivative liabilities, net	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, liabilities	86	53	469	301
Derivative liabilities, net | Investment Income	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, liabilities	11	'	26	-1
Derivative liabilities, net | Net realized capital gains (losses)	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, liabilities	8	-39	25	22
Derivative liabilities, net | Other Income	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, liabilities	67	92	418	280
Long-term debt	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, liabilities	-25	-27	-120	-405
Long-term debt | Other Income	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, liabilities	-25	-27	-120	-405
Bonds available for sale	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, assets	258	294	795	407
Bonds available for sale | Investment Income	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, assets	264	218	713	683
Bonds available for sale | Net realized capital gains (losses)	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, assets	-21	51	-8	-333
Bonds available for sale | Other Income	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, assets	15	25	90	57
Bond trading securities	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, assets	290	618	1,164	3,760
Bond trading securities | Investment Income	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, assets	86	491	114	3,330
Bond trading securities | Net realized capital gains (losses)	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, assets	7	'	8	'
Bond trading securities | Other Income	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, assets	197	127	1,042	430
Equity securities	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, assets	'	15	'	40
Equity securities | Net realized capital gains (losses)	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, assets	'	15	'	40
Other invested assets	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, assets	-25	22	144	-157
Other invested assets | Investment Income	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, assets	-12	6	142	-3
Other invested assets | Net realized capital gains (losses)	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, assets	-5	-16	-34	-189
Other invested assets | Other Income	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items	'	'	'	'
Net realized and unrealized gains and losses related to Level 3 items, assets	($8)	$32	$36	$35

FAIR_VALUE_MEASUREMENTS_Detail3

FAIR VALUE MEASUREMENTS (Details 4) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Purchases, Sales, Issues and Settlements, Net, assets	$142	($7,524)	$1,933	($3,240)
Issuances	0	0	0	0
Transfers into Level 3 at end of reporting period, net gains (losses) not included in realized and unrealized gains and losses related to Level 3 for the period	43	'	-12	'
Transfers out Level 3 at end of reporting period, net gains (losses) not included in realized and unrealized gains and losses related to Level 3 for the period.	18	'	30	'
Liabilities	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Purchases, liabilities	4	6	9	8
Sales, liabilities	-4	-6	-17	-20
Settlements, liabilities	-943	260	-725	753
Purchases, Sales, Issues and Settlements, Net, liabilities	-943	260	-733	741
Policyholder contract deposits	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Sales, liabilities	-4	-6	-16	-20
Settlements, liabilities	-47	3	21	16
Purchases, Sales, Issues and Settlements, Net, liabilities	-51	-3	5	-4
Derivative liabilities, net	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Purchases, liabilities	4	6	9	8
Sales, liabilities	'	'	-1	'
Settlements, liabilities	-897	196	-769	540
Purchases, Sales, Issues and Settlements, Net, liabilities	-893	202	-761	548
Long-term debt	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Settlements, liabilities	1	61	23	197
Purchases, Sales, Issues and Settlements, Net, liabilities	1	61	23	197
Assets	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Purchases, assets	2,178	3,369	8,734	12,743
Sales, assets	-127	-649	-1,013	-1,542
Settlements, assets	-1,909	-10,244	-5,788	-14,441
Purchases, Sales, Issues and Settlements, Net, assets	142	-7,524	1,933	-3,240
Bonds available for sale	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Purchases, assets	1,898	1,038	7,398	4,737
Sales, assets	-37	-546	-808	-1,267
Settlements, assets	-1,108	-986	-3,122	-2,735
Purchases, Sales, Issues and Settlements, Net, assets	753	-494	3,468	735
Bonds available for sale | Obligations of states, municipalities and political subdivisions	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Purchases, assets	194	189	502	394
Sales, assets	-34	-53	-137	-219
Settlements, assets	'	-34	'	-36
Purchases, Sales, Issues and Settlements, Net, assets	160	102	365	139
Bonds available for sale | Non-U.S. government	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Purchases, assets	1	3	9	4
Sales, assets	'	'	'	-3
Settlements, assets	'	-1	-2	-1
Purchases, Sales, Issues and Settlements, Net, assets	1	2	7	'
Bonds available for sale | Corporate debt	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Purchases, assets	146	139	454	280
Sales, assets	'	-6	-114	-59
Settlements, assets	-146	-39	-310	-125
Purchases, Sales, Issues and Settlements, Net, assets	'	94	30	96
Bonds available for sale | Residential mortgage backed securities (RMBS)	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Purchases, assets	750	198	3,462	2,308
Sales, assets	'	-360	-231	-722
Settlements, assets	-623	-516	-1,838	-1,554
Purchases, Sales, Issues and Settlements, Net, assets	127	-678	1,393	32
Bonds available for sale | Commercial mortgage-backed securities (CMBS)	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Purchases, assets	179	299	872	1,021
Sales, assets	-3	-127	-167	-260
Settlements, assets	-74	-57	-415	-143
Purchases, Sales, Issues and Settlements, Net, assets	102	115	290	618
Bonds available for sale | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Purchases, assets	628	210	2,099	730
Sales, assets	'	'	-159	-4
Settlements, assets	-265	-339	-557	-876
Purchases, Sales, Issues and Settlements, Net, assets	363	-129	1,383	-150
Bond trading securities	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Purchases, assets	31	2,202	581	7,410
Sales, assets	-87	-51	-145	-157
Settlements, assets	-562	-8,987	-2,065	-11,103
Purchases, Sales, Issues and Settlements, Net, assets	-618	-6,836	-1,629	-3,850
Bond trading securities | Corporate debt	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Settlements, assets	'	-1	'	-5
Purchases, Sales, Issues and Settlements, Net, assets	'	-1	'	-5
Bond trading securities | Residential mortgage backed securities (RMBS)	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Purchases, assets	31	'	244	'
Sales, assets	-12	-45	-12	-45
Settlements, assets	-27	-11	-102	-49
Purchases, Sales, Issues and Settlements, Net, assets	-8	-56	130	-94
Bond trading securities | Commercial mortgage-backed securities (CMBS)	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Purchases, assets	'	11	19	194
Sales, assets	-9	'	-67	-106
Settlements, assets	-44	-10	-145	-209
Purchases, Sales, Issues and Settlements, Net, assets	-53	1	-193	-121
Bond trading securities | Collateralized Debt Obligations/Asset Backed Securities (CDO/ABS)	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Purchases, assets	'	2,191	318	7,216
Sales, assets	-66	-6	-66	-6
Settlements, assets	-491	-8,965	-1,818	-10,840
Purchases, Sales, Issues and Settlements, Net, assets	-557	-6,780	-1,566	-3,630
Equity securities	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Purchases, assets	'	'	58	67
Sales, assets	'	-22	-11	-55
Settlements, assets	-48	-82	-48	-80
Purchases, Sales, Issues and Settlements, Net, assets	-48	-104	-1	-68
Other invested assets	'	'	'	'
Fair value assets and liabilities measured on recurring basis, unobservable input reconciliation	'	'	'	'
Purchases, assets	249	129	697	529
Sales, assets	-3	-30	-49	-63
Settlements, assets	-191	-189	-553	-523
Purchases, Sales, Issues and Settlements, Net, assets	$55	($90)	$95	($57)

FAIR_VALUE_MEASUREMENTS_Detail4

FAIR VALUE MEASUREMENTS (Details 5) (Level 3, USD $)	9 Months Ended	12 Months Ended
	Sep. 30, 2013	Dec. 31, 2012
Corporate debt | Discounted cash flow	'	'
Fair value inputs, assets, quantitative information	'	'
Fair Value	1,082,000,000	775,000,000
Corporate debt | Discounted cash flow | Minimum	'	'
Fair value inputs, assets, quantitative information	'	'
Yield	4.20%	0.08%
Corporate debt | Discounted cash flow | Maximum	'	'
Fair value inputs, assets, quantitative information	'	'
Yield	10.58%	6.55%
Corporate debt | Discounted cash flow | Weighted-average	'	'
Fair value inputs, assets, quantitative information	'	'
Yield	7.39%	3.31%
Residential mortgage backed securities | Discounted cash flow	'	'
Fair value inputs, assets, quantitative information	'	'
Fair Value	13,752,000,000	10,650,000,000
Residential mortgage backed securities | Discounted cash flow | Minimum	'	'
Fair value inputs, assets, quantitative information	'	'
Yield	2.80%	2.23%
Constant prepayment rate	0.00%	0.00%
Loss severity	42.05%	43.70%
Constant default rate	3.91%	4.21%
Residential mortgage backed securities | Discounted cash flow | Maximum	'	'
Fair value inputs, assets, quantitative information	'	'
Yield	7.74%	9.42%
Constant prepayment rate	9.94%	10.76%
Loss severity	79.27%	78.72%
Constant default rate	12.51%	13.30%
Residential mortgage backed securities | Discounted cash flow | Weighted-average	'	'
Fair value inputs, assets, quantitative information	'	'
Yield	5.27%	5.82%
Constant prepayment rate	4.59%	5.03%
Loss severity	60.66%	61.21%
Constant default rate	8.21%	8.75%
Certain CDO/ABS | Discounted cash flow	'	'
Fair value inputs, assets, quantitative information	'	'
Fair Value	5,421,000,000	7,844,000,000
Portion of total for which yield is the only input available	'	6,600,000,000
Certain CDO/ABS | Discounted cash flow | Minimum	'	'
Fair value inputs, assets, quantitative information	'	'
Yield	5.40%	5.41%
Constant prepayment rate	5.30%	0.00%
Loss severity	43.00%	0.00%
Constant default rate	3.40%	0.00%
Certain CDO/ABS | Discounted cash flow | Maximum	'	'
Fair value inputs, assets, quantitative information	'	'
Yield	12.00%	10.67%
Constant prepayment rate	13.10%	32.25%
Loss severity	64.80%	29.38%
Constant default rate	15.70%	4.05%
Certain CDO/ABS | Discounted cash flow | Weighted-average	'	'
Fair value inputs, assets, quantitative information	'	'
Yield	9.80%	8.04%
Constant prepayment rate	9.30%	11.82%
Loss severity	54.00%	6.36%
Constant default rate	8.50%	1.18%
Commercial mortgage backed securities | Discounted cash flow	'	'
Fair value inputs, assets, quantitative information	'	'
Fair Value	6,244,000,000	3,251,000,000
Commercial mortgage backed securities | Discounted cash flow | Minimum	'	'
Fair value inputs, assets, quantitative information	'	'
Yield	0.00%	0.00%
Commercial mortgage backed securities | Discounted cash flow | Maximum	'	'
Fair value inputs, assets, quantitative information	'	'
Yield	14.10%	19.95%
Commercial mortgage backed securities | Discounted cash flow | Weighted-average	'	'
Fair value inputs, assets, quantitative information	'	'
Yield	5.63%	7.76%
CDO/ABS - Direct Investment book | Binomial Expansion Technique (BET)	'	'
Fair value inputs, assets, quantitative information	'	'
Fair Value	559,000,000	1,205,000,000
CDO/ABS - Direct Investment book | Binomial Expansion Technique (BET) | Minimum	'	'
Fair value inputs, assets, quantitative information	'	'
Recovery rates	5.00%	3.00%
Diversity score	5	4
Weighted average life	'1 year	'1 year 3 months 7 days
CDO/ABS - Direct Investment book | Binomial Expansion Technique (BET) | Maximum	'	'
Fair value inputs, assets, quantitative information	'	'
Recovery rates	63.00%	63.00%
Diversity score	36	44
Weighted average life	'9 years 5 months 19 days	'9 years 1 month 10 days
CDO/ABS - Direct Investment book | Binomial Expansion Technique (BET) | Weighted-average	'	'
Fair value inputs, assets, quantitative information	'	'
Recovery rates	24.00%	27.00%
Diversity score	13	13
Weighted average life	'4 years 10 months 28 days	'4 years 10 months 28 days

FAIR_VALUE_MEASUREMENTS_Detail5

FAIR VALUE MEASUREMENTS (Details 6) (Level 3, USD $)	9 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Policyholder contract deposits - GMWB	'	'
Significant unobservable inputs used for recurring fair value measurements	'	'
Fair value	387	1,257
Policyholder contract deposits - GMWB | Discounted cash flow | Minimum	'	'
Significant unobservable inputs used for recurring fair value measurements	'	'
Equity implied volatility	6.00%	6.00%
Base lapse rates	1.00%	1.00%
Dynamic lapse rates	0.20%	0.20%
Mortality rates	0.50%	0.50%
Utilization rates	0.50%	0.50%
Policyholder contract deposits - GMWB | Discounted cash flow | Maximum	'	'
Significant unobservable inputs used for recurring fair value measurements	'	'
Equity implied volatility	39.00%	39.00%
Base lapse rates	40.00%	40.00%
Dynamic lapse rates	60.00%	60.00%
Mortality rates	40.00%	40.00%
Utilization rates	25.00%	25.00%
Derivative Liabilities - Credit contracts	'	'
Significant unobservable inputs used for recurring fair value measurements	'	'
Fair value	1,123	1,436
Derivative Liabilities - Credit contracts | BET | Minimum	'	'
Significant unobservable inputs used for recurring fair value measurements	'	'
Recovery rates	5.00%	3.00%
Diversity score	9	9
Weighted average life	'4 years 8 months 5 days	'5 years 1 month 6 days
Derivative Liabilities - Credit contracts | BET | Maximum	'	'
Significant unobservable inputs used for recurring fair value measurements	'	'
Recovery rates	34.00%	37.00%
Diversity score	36	38
Weighted average life	'9 years 5 months 19 days	'8 years 5 months 12 days
Derivative Liabilities - Credit contracts | BET | Weighted-average	'	'
Significant unobservable inputs used for recurring fair value measurements	'	'
Recovery rates	17.00%	17.00%
Diversity score	13	14
Weighted average life	'5 years 9 months 4 days	'5 years 9 months

FAIR_VALUE_MEASUREMENTS_Detail6

FAIR VALUE MEASUREMENTS (Details 7) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE	'	'
Fair Value Using Net Asset Value Per Share or its equivalent	$7,312	$6,041
Unfunded Commitments	980	875
Private equity funds:	'	'
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE	'	'
Fair Value Using Net Asset Value Per Share or its equivalent	3,456	3,233
Unfunded Commitments	960	873
Average original expected lives	'10 years	'
Investment redemption notice period (in days/years)	'1 year	'
Second investment redemption notice period	'2 years	'
Private equity funds: | Expected remaining lives of less than 3 years	'	'
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE	'	'
First threshold level of remaining lives	'3 years	'
Percentage of hedge fund investments that cannot be redeemed, either in whole or in part	64.00%	'
Private equity funds: | Expected remaining lives of less than 3 to 7 years	'	'
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE	'	'
Second threshold level of remaining lives	'7 years	'
Percentage of hedge fund investments that cannot be redeemed, either in whole or in part	33.00%	'
Private equity funds: | Expected remaining lives of less than 7 to 10 years	'	'
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE	'	'
Third threshold level of remaining lives	'10 years	'
Percentage of hedge fund investments that cannot be redeemed, either in whole or in part	3.00%	'
Leveraged buyout	'	'
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE	'	'
Fair Value Using Net Asset Value Per Share or its equivalent	2,654	2,529
Unfunded Commitments	605	669
Real Estate / Infrastructure	'	'
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE	'	'
Fair Value Using Net Asset Value Per Share or its equivalent	337	251
Unfunded Commitments	74	52
Venture capital	'	'
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE	'	'
Fair Value Using Net Asset Value Per Share or its equivalent	141	157
Unfunded Commitments	13	16
Distressed	'	'
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE	'	'
Fair Value Using Net Asset Value Per Share or its equivalent	190	184
Unfunded Commitments	39	36
Other..	'	'
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE	'	'
Fair Value Using Net Asset Value Per Share or its equivalent	134	112
Unfunded Commitments	229	100
Hedge funds:	'	'
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE	'	'
Fair Value Using Net Asset Value Per Share or its equivalent	3,856	2,808
Unfunded Commitments	20	2
Hedge fund investments redeemable monthly (as a percent)	13.00%	'
Hedge fund investments redeemable quarterly (as a percent)	44.00%	'
Hedge fund investments redeemable semi-annually (as a percent)	22.00%	'
Hedge fund investments redeemable annually (as a percent)	21.00%	'
Percentage of hedge fund investments that cannot be redeemed, either in whole or in part	71.00%	'
Investment redemption notice period (in days/years)	'1 day to 180 days	'
Event-driven	'	'
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE	'	'
Fair Value Using Net Asset Value Per Share or its equivalent	937	788
Unfunded Commitments	2	2
Long-short	'	'
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE	'	'
Fair Value Using Net Asset Value Per Share or its equivalent	1,548	1,318
Macro	'	'
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE	'	'
Fair Value Using Net Asset Value Per Share or its equivalent	515	320
Distressed.	'	'
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE	'	'
Fair Value Using Net Asset Value Per Share or its equivalent	525	316
Unfunded Commitments	18	'
Emerging markets	'	'
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE	'	'
Fair Value Using Net Asset Value Per Share or its equivalent	245	'
Other hedge funds	'	'
INVESTMENTS IN CERTAIN ENTITIES CARRIED AT FAIR VALUE USING NET ASSET VALUE PER SHARE	'	'
Fair Value Using Net Asset Value Per Share or its equivalent	$86	$66

FAIR_VALUE_MEASUREMENTS_Detail7

FAIR VALUE MEASUREMENTS (Details 8) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Fair Value, Option, Quantitative Disclosures	'	'	'	'
Fair Value Options Changes in Fair Value Gain (loss)	$303	$1,661	$1,464	$6,032
Fair value option credit risk gains (losses) on liabilities	-22	-126	-37	-621
Fair Value Option | Other long-term debt	'	'	'	'
Fair Value, Option, Quantitative Disclosures	'	'	'	'
Fair Value Options Changes in Fair Value Gain (loss)	-51	-86	271	-750
Fair Value Option | Other liabilities	'	'	'	'
Fair Value, Option, Quantitative Disclosures	'	'	'	'
Fair Value Options Changes in Fair Value Gain (loss)	-4	-9	-10	-31
Fair Value Option | Mortgage and other loans receivable, net of allowance	'	'	'	'
Fair Value, Option, Quantitative Disclosures	'	'	'	'
Fair Value Options Changes in Fair Value Gain (loss)	1	10	3	41
Fair Value Option | Bond and equity securities	'	'	'	'
Fair Value, Option, Quantitative Disclosures	'	'	'	'
Fair Value Options Changes in Fair Value Gain (loss)	331	875	963	1,782
Fair Value Option | Trading - ML II Interest	'	'	'	'
Fair Value, Option, Quantitative Disclosures	'	'	'	'
Fair Value Options Changes in Fair Value Gain (loss)	'	'	'	246
Fair Value Option | Trading - ML III Interest	'	'	'	'
Fair Value, Option, Quantitative Disclosures	'	'	'	'
Fair Value Options Changes in Fair Value Gain (loss)	'	330	'	2,888
Fair Value Option | Retained interest in AIA	'	'	'	'
Fair Value, Option, Quantitative Disclosures	'	'	'	'
Fair Value Options Changes in Fair Value Gain (loss)	'	527	'	1,829
Fair Value Option | Alternative investments	'	'	'	'
Fair Value, Option, Quantitative Disclosures	'	'	'	'
Fair Value Options Changes in Fair Value Gain (loss)	23	11	229	11
Fair Value Option | Short-term investments and other invested assets and Other assets	'	'	'	'
Fair Value, Option, Quantitative Disclosures	'	'	'	'
Fair Value Options Changes in Fair Value Gain (loss)	$3	$3	$8	$16

FAIR_VALUE_MEASUREMENTS_Detail8

FAIR VALUE MEASUREMENTS (Details 9) (USD $)	9 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Fair Value, Balance Sheet Grouping, Financial Statement Captions	'	'
Mortgage and other loans receivable, Fair Value	$0	$134
Long-term debt, Fair Value	6,981	8,055
Fair Value Option	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions	'	'
Mortgage and other loans receivable, Fair Value	'	134
Mortgage and other loans receivable, Outstanding Principal Amount	'	141
Mortgage and other loans receivable, Difference	'	-7
Long-term debt, Fair Value	6,981	8,055
Long-term debt, Outstanding Principal Amount	5,374	5,705
Long-term debt, Difference	1,607	2,350
Disclosure level, past due mortgage or other loans receivable for which the fair value option was elected, number of days past due threshold	'90 days	'90 days
Mortgage or other loans receivable for which the fair value option was elected which were 90 days or more past due	0	0
Mortgage or other loans receivable for which the fair value option was elected which were in non-accrual status	$0	$0

FAIR_VALUE_MEASUREMENTS_Detail9

FAIR VALUE MEASUREMENTS (Details 10) (Fair value on a non-recurring basis, USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

In Millions, unless otherwise specified

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Alternative investments

Alternative investments

Alternative investments

Alternative investments

Other assets

Other assets

Other assets

Level 2

Level 2

Level 2

Level 2

Level 3

Level 3

Level 3

Level 3

Level 3

Level 3

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Total Fair Value

Other assets

Other assets

Alternative investments

Alternative investments

Other assets

Other assets

Alternative investments

Alternative investments

Other assets

Other assets

FAIR VALUE, ASSETS MEASUREMENTS ON A NON-RECURRING BASIS

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Assets at Fair Value, Non-Recurring Basis

'

'

'

'

'

'

'

'

'

'

'

$10

$3

$10

$3

$1,829

$2,080

$1,798

$2,062

$31

$18

$1,839

$2,083

$1,798

$2,062

$41

$21

Impairment Charges

$68

$97

$251

$282

$66

$97

$225

$273

$2

$26

$9

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Recovered_Sheet1

FAIR VALUE MEASUREMENTS (Details 11) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2012	Dec. 31, 2011
In Millions, unless otherwise specified
Assets:	'	'	'	'
Mortgage and other loans receivable	$19,707	$19,482	'	'
Short-term investments	22,457	28,808	'	'
Cash	2,058	1,151	1,608	1,474
Liabilities:	'	'	'	'
Other liabilities	31,368	32,068	'	'
Total Fair Value	'	'	'	'
Assets:	'	'	'	'
Mortgage and other loans receivable	20,788	20,219	'	'
Other invested assets	3,971	3,758	'	'
Short-term investments	17,084	20,752	'	'
Cash	2,058	1,151	'	'
Liabilities:	'	'	'	'
Policyholder contract deposits associated with investment-type contracts	114,030	124,105	'	'
Other liabilities	5,611	4,799	'	'
Long-term debt	38,889	45,891	'	'
Level 1	'	'	'	'
Assets:	'	'	'	'
Cash	2,058	1,151	'	'
Level 2	'	'	'	'
Assets:	'	'	'	'
Mortgage and other loans receivable	618	823	'	'
Other invested assets	59	237	'	'
Short-term investments	17,084	20,752	'	'
Liabilities:	'	'	'	'
Policyholder contract deposits associated with investment-type contracts	202	245	'	'
Other liabilities	5,080	3,981	'	'
Long-term debt	36,785	43,966	'	'
Level 3	'	'	'	'
Assets:	'	'	'	'
Mortgage and other loans receivable	20,170	19,396	'	'
Other invested assets	3,912	3,521	'	'
Liabilities:	'	'	'	'
Policyholder contract deposits associated with investment-type contracts	113,828	123,860	'	'
Other liabilities	531	818	'	'
Long-term debt	2,104	1,925	'	'
Carrying Value	'	'	'	'
Assets:	'	'	'	'
Mortgage and other loans receivable	19,707	19,348	'	'
Other invested assets	4,932	4,932	'	'
Short-term investments	17,084	20,752	'	'
Cash	2,058	1,151	'	'
Liabilities:	'	'	'	'
Policyholder contract deposits associated with investment-type contracts	104,734	105,979	'	'
Other liabilities	5,613	4,800	'	'
Long-term debt	$35,250	$40,445	'	'

INVESTMENTS_Details

INVESTMENTS (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Available for sale securities, Amortized Cost or Cost	$250,688,000,000	$247,789,000,000
Available for sale securities, Gross Unrealized Gains	17,070,000,000	26,815,000,000
Available for sale securities, Gross Unrealized Losses	-4,479,000,000	-1,433,000,000
Available for sale securities, Fair Value	263,279,000,000	273,171,000,000
AOCI- OTTI	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Total, Other-Than-Temporary Impairments in AOCI	1,785,000,000	1,450,000,000
Bonds available for sale	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Available for sale securities, Amortized Cost or Cost	249,062,000,000	246,149,000,000
Available for sale securities, Gross Unrealized Gains	15,293,000,000	25,206,000,000
Available for sale securities, Gross Unrealized Losses	-4,454,000,000	-1,396,000,000
Available for sale securities, Fair Value	259,901,000,000	269,959,000,000
Other details of available for sale securities	'	'
Available for sale securities not rated or rated below investment grade	31,100,000,000	29,600,000,000
Bonds available for sale | AOCI- OTTI	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Total, Other-Than-Temporary Impairments in AOCI	1,785,000,000	1,450,000,000
Bonds available for sale | U.S. government and government sponsored entities	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Available for sale securities, Amortized Cost or Cost	3,278,000,000	3,161,000,000
Available for sale securities, Gross Unrealized Gains	190,000,000	323,000,000
Available for sale securities, Gross Unrealized Losses	-33,000,000	-1,000,000
Available for sale securities, Fair Value	3,435,000,000	3,483,000,000
Bonds available for sale | Obligations of states, municipalities and political subdivisions	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Available for sale securities, Amortized Cost or Cost	29,967,000,000	33,042,000,000
Available for sale securities, Gross Unrealized Gains	1,319,000,000	2,685,000,000
Available for sale securities, Gross Unrealized Losses	-405,000,000	-22,000,000
Available for sale securities, Fair Value	30,881,000,000	35,705,000,000
Bonds available for sale | Obligations of states, municipalities and political subdivisions | AOCI- OTTI	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Total, Other-Than-Temporary Impairments in AOCI	2,000,000	2,000,000
Bonds available for sale | Non-U.S. government	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Available for sale securities, Amortized Cost or Cost	22,580,000,000	25,449,000,000
Available for sale securities, Gross Unrealized Gains	793,000,000	1,395,000,000
Available for sale securities, Gross Unrealized Losses	-339,000,000	-44,000,000
Available for sale securities, Fair Value	23,034,000,000	26,800,000,000
Bonds available for sale | Corporate debt	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Available for sale securities, Amortized Cost or Cost	138,286,000,000	135,728,000,000
Available for sale securities, Gross Unrealized Gains	8,644,000,000	15,848,000,000
Available for sale securities, Gross Unrealized Losses	-2,762,000,000	-464,000,000
Available for sale securities, Fair Value	144,168,000,000	151,112,000,000
Bonds available for sale | Corporate debt | AOCI- OTTI	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Total, Other-Than-Temporary Impairments in AOCI	78,000,000	115,000,000
Bonds available for sale | Mortgage-backed, asset-backed and collateralized	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Available for sale securities, Amortized Cost or Cost	54,951,000,000	48,769,000,000
Available for sale securities, Gross Unrealized Gains	4,347,000,000	4,955,000,000
Available for sale securities, Gross Unrealized Losses	-915,000,000	-865,000,000
Available for sale securities, Fair Value	58,383,000,000	52,859,000,000
Bonds available for sale | Mortgage-backed, asset-backed and collateralized | AOCI- OTTI	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Total, Other-Than-Temporary Impairments in AOCI	1,705,000,000	1,333,000,000
Bonds available for sale | Residential mortgage-backed securities (RMBS)	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Available for sale securities, Amortized Cost or Cost	33,833,000,000	31,330,000,000
Available for sale securities, Gross Unrealized Gains	3,094,000,000	3,379,000,000
Available for sale securities, Gross Unrealized Losses	-451,000,000	-317,000,000
Available for sale securities, Fair Value	36,476,000,000	34,392,000,000
Bonds available for sale | Residential mortgage-backed securities (RMBS) | AOCI- OTTI	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Total, Other-Than-Temporary Impairments in AOCI	1,554,000,000	1,330,000,000
Bonds available for sale | Commercial mortgage-backed securities (CMBS)	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Available for sale securities, Amortized Cost or Cost	11,203,000,000	9,449,000,000
Available for sale securities, Gross Unrealized Gains	605,000,000	770,000,000
Available for sale securities, Gross Unrealized Losses	-296,000,000	-304,000,000
Available for sale securities, Fair Value	11,512,000,000	9,915,000,000
Bonds available for sale | Commercial mortgage-backed securities (CMBS) | AOCI- OTTI	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Total, Other-Than-Temporary Impairments in AOCI	89,000,000	-79,000,000
Bonds available for sale | Collateralized Debt Obligations/Asset-Backed Securities (CDO/ABS)	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Available for sale securities, Amortized Cost or Cost	9,915,000,000	7,990,000,000
Available for sale securities, Gross Unrealized Gains	648,000,000	806,000,000
Available for sale securities, Gross Unrealized Losses	-168,000,000	-244,000,000
Available for sale securities, Fair Value	10,395,000,000	8,552,000,000
Bonds available for sale | Collateralized Debt Obligations/Asset-Backed Securities (CDO/ABS) | AOCI- OTTI	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Total, Other-Than-Temporary Impairments in AOCI	62,000,000	82,000,000
Equity securities available for sale	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Available for sale securities, Amortized Cost or Cost	1,626,000,000	1,640,000,000
Available for sale securities, Gross Unrealized Gains	1,777,000,000	1,609,000,000
Available for sale securities, Gross Unrealized Losses	-25,000,000	-37,000,000
Available for sale securities, Fair Value	3,378,000,000	3,212,000,000
Equity securities available for sale | Common Stock	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Available for sale securities, Amortized Cost or Cost	1,284,000,000	1,492,000,000
Available for sale securities, Gross Unrealized Gains	1,748,000,000	1,574,000,000
Available for sale securities, Gross Unrealized Losses	-14,000,000	-37,000,000
Available for sale securities, Fair Value	3,018,000,000	3,029,000,000
Equity securities available for sale | Preferred Stock	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Available for sale securities, Amortized Cost or Cost	53,000,000	55,000,000
Available for sale securities, Gross Unrealized Gains	25,000,000	23,000,000
Available for sale securities, Gross Unrealized Losses	-1,000,000	'
Available for sale securities, Fair Value	77,000,000	78,000,000
Equity securities available for sale | Mutual Funds	'	'
Reconciliation of amortized cost and fair value of available for sale securities and other invested assets carried at fair value	'	'
Available for sale securities, Amortized Cost or Cost	289,000,000	93,000,000
Available for sale securities, Gross Unrealized Gains	4,000,000	12,000,000
Available for sale securities, Gross Unrealized Losses	-10,000,000	'
Available for sale securities, Fair Value	$283,000,000	$105,000,000

INVESTMENTS_Details_2

INVESTMENTS (Details 2) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Fair value and gross unrealized losses on AIG's available for sale securities	'	'
Fair Value, Less than 12 Months	$63,504	$12,527
Gross Unrealized Losses, Less than 12 Months	3,683	307
Fair Value, 12 Months or More	6,408	8,569
Gross Unrealized Losses, 12 Months or More	796	1,126
Fair Value, Total	69,912	21,096
Gross Unrealized Losses, Total	4,479	1,433
Bonds available for sale	'	'
Fair value and gross unrealized losses on AIG's available for sale securities	'	'
Fair Value, Less than 12 Months	63,229	12,277
Gross Unrealized Losses, Less than 12 Months	3,659	271
Fair Value, 12 Months or More	6,406	8,551
Gross Unrealized Losses, 12 Months or More	795	1,125
Fair Value, Total	69,635	20,828
Gross Unrealized Losses, Total	4,454	1,396
Number of securities in an unrealized loss position	6,217	'
Number of individual securities in continuous unrealized loss position for longer than twelve months	688	'
Bonds available for sale | U.S. government and government sponsored entities	'	'
Fair value and gross unrealized losses on AIG's available for sale securities	'	'
Fair Value, Less than 12 Months	825	153
Gross Unrealized Losses, Less than 12 Months	29	1
Fair Value, 12 Months or More	32	'
Gross Unrealized Losses, 12 Months or More	4	'
Fair Value, Total	857	153
Gross Unrealized Losses, Total	33	1
Bonds available for sale | Obligations of states, municipalities and political subdivisions	'	'
Fair value and gross unrealized losses on AIG's available for sale securities	'	'
Fair Value, Less than 12 Months	5,512	692
Gross Unrealized Losses, Less than 12 Months	352	11
Fair Value, 12 Months or More	273	114
Gross Unrealized Losses, 12 Months or More	53	11
Fair Value, Total	5,785	806
Gross Unrealized Losses, Total	405	22
Bonds available for sale | Non-U.S. government	'	'
Fair value and gross unrealized losses on AIG's available for sale securities	'	'
Fair Value, Less than 12 Months	5,156	1,555
Gross Unrealized Losses, Less than 12 Months	291	19
Fair Value, 12 Months or More	253	442
Gross Unrealized Losses, 12 Months or More	48	25
Fair Value, Total	5,409	1,997
Gross Unrealized Losses, Total	339	44
Bonds available for sale | Corporate debt	'	'
Fair value and gross unrealized losses on AIG's available for sale securities	'	'
Fair Value, Less than 12 Months	38,230	8,483
Gross Unrealized Losses, Less than 12 Months	2,417	201
Fair Value, 12 Months or More	2,890	3,229
Gross Unrealized Losses, 12 Months or More	345	263
Fair Value, Total	41,120	11,712
Gross Unrealized Losses, Total	2,762	464
Bonds available for sale | Residential mortgage-backed securities (RMBS)	'	'
Fair value and gross unrealized losses on AIG's available for sale securities	'	'
Fair Value, Less than 12 Months	7,617	597
Gross Unrealized Losses, Less than 12 Months	318	28
Fair Value, 12 Months or More	1,001	1,661
Gross Unrealized Losses, 12 Months or More	133	289
Fair Value, Total	8,618	2,258
Gross Unrealized Losses, Total	451	317
Bonds available for sale | Commercial mortgage-backed securities (CMBS)	'	'
Fair value and gross unrealized losses on AIG's available for sale securities	'	'
Fair Value, Less than 12 Months	2,685	404
Gross Unrealized Losses, Less than 12 Months	190	8
Fair Value, 12 Months or More	994	1,481
Gross Unrealized Losses, 12 Months or More	106	296
Fair Value, Total	3,679	1,885
Gross Unrealized Losses, Total	296	304
Bonds available for sale | Collateralized Debt Obligations/Asset-Backed Securities (CDO/ABS)	'	'
Fair value and gross unrealized losses on AIG's available for sale securities	'	'
Fair Value, Less than 12 Months	3,204	393
Gross Unrealized Losses, Less than 12 Months	62	3
Fair Value, 12 Months or More	963	1,624
Gross Unrealized Losses, 12 Months or More	106	241
Fair Value, Total	4,167	2,017
Gross Unrealized Losses, Total	168	244
Equity securities available for sale	'	'
Fair value and gross unrealized losses on AIG's available for sale securities	'	'
Fair Value, Less than 12 Months	275	250
Gross Unrealized Losses, Less than 12 Months	24	36
Fair Value, 12 Months or More	2	18
Gross Unrealized Losses, 12 Months or More	1	1
Fair Value, Total	277	268
Gross Unrealized Losses, Total	25	37
Number of securities in an unrealized loss position	97	'
Equity securities available for sale | Common Stock	'	'
Fair value and gross unrealized losses on AIG's available for sale securities	'	'
Fair Value, Less than 12 Months	113	247
Gross Unrealized Losses, Less than 12 Months	13	36
Fair Value, 12 Months or More	2	18
Gross Unrealized Losses, 12 Months or More	1	1
Fair Value, Total	115	265
Gross Unrealized Losses, Total	14	37
Equity securities available for sale | Preferred Stock	'	'
Fair value and gross unrealized losses on AIG's available for sale securities	'	'
Fair Value, Less than 12 Months	5	'
Gross Unrealized Losses, Less than 12 Months	1	'
Fair Value, Total	5	'
Gross Unrealized Losses, Total	1	'
Equity securities available for sale | Mutual Funds	'	'
Fair value and gross unrealized losses on AIG's available for sale securities	'	'
Fair Value, Less than 12 Months	157	3
Gross Unrealized Losses, Less than 12 Months	10	'
Fair Value, Total	157	3
Gross Unrealized Losses, Total	$10	'

INVESTMENTS_Details_3

INVESTMENTS (Details 3) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Fixed Maturity Available for Sale Securities by Contractual Maturity	'	'
Fixed Maturity Securities in a Loss Position Available for Sale , Amortized Cost, Total	$250,688	$247,789
Fixed Maturity Securities Available for Sale, Fair Value, Total	259,901	269,959
Fixed Maturity Securities in a Loss Position	'	'
Fixed Maturity Available for Sale Securities by Contractual Maturity	'	'
Due in one year or less, Amortized Cost	680	'
Due after one year through five years, Amortized Cost	7,975	'
Due after five years through ten years, Amortized Cost	20,182	'
Due after ten years, Amortized Cost	27,873	'
Mortgage-backed, asset-backed and collateralized, Amortized Cost	17,379	'
Fixed Maturity Securities in a Loss Position Available for Sale , Amortized Cost, Total	74,089	'
Due in one year or less, Fair Value	670	'
Due after one year through five years, Fair Value	7,816	'
Due after five years through ten years, Fair Value	19,212	'
Due after ten years, Fair Value	25,473	'
Mortgage-backed, asset-backed and collateralized, Fair Value	16,464	'
Fixed Maturity Securities Available for Sale, Fair Value, Total	69,635	'
Bonds available for sale	'	'
Fixed Maturity Available for Sale Securities by Contractual Maturity	'	'
Due in one year or less, Amortized Cost	9,884	'
Due after one year through five years, Amortized Cost	51,912	'
Due after five years through ten years, Amortized Cost	69,813	'
Due after ten years, Amortized Cost	62,502	'
Mortgage-backed, asset-backed and collateralized, Amortized Cost	54,951	'
Fixed Maturity Securities in a Loss Position Available for Sale , Amortized Cost, Total	249,062	246,149
Due in one year or less, Fair Value	10,097	'
Due after one year through five years, Fair Value	54,768	'
Due after five years through ten years, Fair Value	72,610	'
Due after ten years, Fair Value	64,043	'
Mortgage-backed, asset-backed and collateralized, Fair Value	58,383	'
Fixed Maturity Securities Available for Sale, Fair Value, Total	$259,901	'

INVESTMENTS_Details_4

INVESTMENTS (Details 4) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Available for Sale Securities Disclosures	'	'	'	'
Gross Realized Gains	$534,000,000	$981,000,000	$2,317,000,000	$2,811,000,000
Gross Realized Losses	32,000,000	104,000,000	168,000,000	147,000,000
Aggregate fair value of available for sale securities sold	8,400,000,000	8,800,000,000	27,700,000,000	30,300,000,000
Net realized capital gains (losses)	500,000,000	900,000,000	2,100,000,000	2,700,000,000
Fixed maturity securities	'	'	'	'
Available for Sale Securities Disclosures	'	'	'	'
Gross Realized Gains	516,000,000	943,000,000	2,216,000,000	2,308,000,000
Gross Realized Losses	26,000,000	82,000,000	153,000,000	121,000,000
Equity securities available for sale	'	'	'	'
Available for Sale Securities Disclosures	'	'	'	'
Gross Realized Gains	18,000,000	38,000,000	101,000,000	503,000,000
Gross Realized Losses	$6,000,000	$22,000,000	$15,000,000	$26,000,000

INVESTMENTS_Details_5

INVESTMENTS (Details 5) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
TRADING SECURITIES	'	'
Trading Securities, Fair Value	$23,691	$25,246
Trading Securities, Percent of Total	100.00%	100.00%
U.S. Government agency backed ABS	'	'
TRADING SECURITIES	'	'
Trading Securities, Fair Value	1,000	'
Fixed maturity securities	'	'
TRADING SECURITIES	'	'
Trading Securities, Fair Value	22,884	24,584
Trading Securities, Percent of Total	97.00%	98.00%
Fixed maturity securities | U.S. government and government sponsored entities	'	'
TRADING SECURITIES	'	'
Trading Securities, Fair Value	5,867	6,794
Trading Securities, Percent of Total	25.00%	27.00%
Fixed maturity securities | Obligations of states, territories and political subdivisions	'	'
TRADING SECURITIES	'	'
Trading Securities, Fair Value	181	'
Trading Securities, Percent of Total	1.00%	'
Fixed maturity securities | Non-U.S. government	'	'
TRADING SECURITIES	'	'
Trading Securities, Fair Value	2	2
Fixed maturity securities | Corporate debt	'	'
TRADING SECURITIES	'	'
Trading Securities, Fair Value	1,147	1,320
Trading Securities, Percent of Total	5.00%	5.00%
Fixed maturity securities | Mortgage-backed, asset-backed and collateralized	'	'
TRADING SECURITIES	'	'
Trading Securities, Fair Value	15,680	16,460
Trading Securities, Percent of Total	66.00%	66.00%
Fixed maturity securities | Residential mortgage-backed securities (RMBS)	'	'
TRADING SECURITIES	'	'
Trading Securities, Fair Value	2,178	1,727
Trading Securities, Percent of Total	9.00%	7.00%
Fixed maturity securities | Commercial mortgage-backed securities (CMBS)	'	'
TRADING SECURITIES	'	'
Trading Securities, Fair Value	1,454	2,227
Trading Securities, Percent of Total	6.00%	9.00%
Fixed maturity securities | Collateralized Debt Obligations/Asset-Backed Securities (CDO/ABS)	'	'
TRADING SECURITIES	'	'
Trading Securities, Fair Value	12,048	12,506
Trading Securities, Percent of Total	51.00%	50.00%
Fixed maturity securities | Other	'	'
TRADING SECURITIES	'	'
Trading Securities, Fair Value	7	8
Equity securities	'	'
TRADING SECURITIES	'	'
Trading Securities, Fair Value	$807	$662
Trading Securities, Percent of Total	3.00%	2.00%

INVESTMENTS_Details_6

INVESTMENTS (Details 6) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
COMPONENTS OF NET INVESTMENT INCOME	'	'	'	'
Total investment income	$3,693	$4,807	$12,004	$16,672
Investment expenses	120	157	423	436
Net investment income	3,573	4,650	11,581	16,236
AIA Group Limited (AIA)	'	'	'	'
COMPONENTS OF NET INVESTMENT INCOME	'	'	'	'
Total investment income	'	527	'	1,829
Maiden Lane II	'	'	'	'
COMPONENTS OF NET INVESTMENT INCOME	'	'	'	'
Total investment income	'	'	'	246
Maiden Lane III	'	'	'	'
COMPONENTS OF NET INVESTMENT INCOME	'	'	'	'
Total investment income	'	330	'	2,888
Fixed maturity securities, including short-term investments	'	'	'	'
COMPONENTS OF NET INVESTMENT INCOME	'	'	'	'
Total investment income	3,005	3,263	8,969	9,547
Equity securities	'	'	'	'
COMPONENTS OF NET INVESTMENT INCOME	'	'	'	'
Total investment income	98	53	123	85
Interest on mortgage and other loans	'	'	'	'
COMPONENTS OF NET INVESTMENT INCOME	'	'	'	'
Total investment income	292	270	862	799
Alternative investments	'	'	'	'
COMPONENTS OF NET INVESTMENT INCOME	'	'	'	'
Total investment income	288	340	1,892	1,194
Real estate	'	'	'	'
COMPONENTS OF NET INVESTMENT INCOME	'	'	'	'
Total investment income	32	35	99	93
Other investments	'	'	'	'
COMPONENTS OF NET INVESTMENT INCOME	'	'	'	'
Total investment income	($22)	($11)	$59	($9)

INVESTMENTS_Details_7

INVESTMENTS (Details 7) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Other-than-temporary impairments:	'	'	'	'
Severity	'	($1)	($5)	($15)
Change in intent	-1	-5	-4	-27
Foreign currency declines	'	-1	'	-7
Issuer-specific credit events	-55	-107	-200	-895
Adverse projected cash flows	'	'	-7	-4
Provision for loan losses	-33	51	-38	77
Foreign exchange transactions	-276	-54	135	-101
Derivative instruments	192	-203	209	-862
Other	-77	89	-96	-36
Total net realized capital gains (losses)	252	646	2,143	794
Fixed maturity securities	'	'	'	'
Components of net realized capital gains (losses)	'	'	'	'
Sale of fixed maturity securities	490	861	2,063	2,187
Equity securities	'	'	'	'
Components of net realized capital gains (losses)	'	'	'	'
Sale of fixed maturity securities	$12	$16	$86	$477

INVESTMENTS_Details_8

INVESTMENTS (Details 8) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Available for Sale Securities Disclosures	'	'	'	'
Increase (decrease) in unrealized appreciation of investments	($1,457)	$5,155	($12,734)	$9,946
Fixed maturities	'	'	'	'
Available for Sale Securities Disclosures	'	'	'	'
Increase (decrease) in unrealized appreciation of investments	-1,696	5,000	-12,971	10,013
Equity securities	'	'	'	'
Available for Sale Securities Disclosures	'	'	'	'
Increase (decrease) in unrealized appreciation of investments	189	131	180	-459
Other investments	'	'	'	'
Available for Sale Securities Disclosures	'	'	'	'
Increase (decrease) in unrealized appreciation of investments	$50	$24	$57	$392

INVESTMENTS_Details_9

INVESTMENTS (Details 9) (Fixed maturity securities, USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Fixed maturity securities	'	'	'	'
Other Than Temporary Impairment Credit Losses Recognized in Earnings	'	'	'	'
Balance, beginning of period	$4,236	$6,090	$5,164	$6,504
Increases due to:	'	'	'	'
Credit impairments on new securities subject to impairment losses	6	'	33	172
Additional credit impairments on previously impaired securities	29	45	59	421
Reductions due to:	'	'	'	'
Credit impaired securities fully disposed for which there was no prior intent or requirement to sell	-68	-297	-626	-815
Credit impaired securities for which there is a current intent or anticipated requirement to sell	'	-5	'	-5
Accretion on securities previously impaired due to credit	-184	-215	-611	-668
Other	'	-3	'	6
Balance, end of period	$4,019	$5,615	$4,019	$5,615

INVESTMENTS_Details_10

INVESTMENTS (Details 10) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Purchased Credit Impaired (PCI) Securities	'	'	'	'	'
Amortized cost	$249,062	'	$249,062	'	$246,149
Fair value	263,279	'	263,279	'	273,171
Purchased Credit Impaired (PCI) Securities	'	'	'	'	'
Purchased Credit Impaired (PCI) Securities	'	'	'	'	'
Contractually required payments (principal and interest)	23,784	'	23,784	'	'
Cash flows expected to be collected	18,763	'	18,763	'	'
Recorded investment in acquired securities	12,268	'	12,268	'	'
Outstanding principal balance	14,104	'	14,104	'	11,791
Amortized cost	9,609	'	9,609	'	7,718
Fair value	10,685	'	10,685	'	8,823
Changes in activity for the accretable yield on PCI securities:	'	'	'	'	'
Balance, beginning of period	5,901	4,950	4,766	4,135	'
Newly purchased PCI securities	202	114	1,308	1,532	'
Disposals	'	-130	-60	-298	'
Accretion	-187	-165	-517	-510	'
Effect of changes in interest rate indices	282	-39	388	-200	'
Net reclassification from non-accretable difference, including effects of prepayments	405	53	718	124	'
Balance, end of period	$6,603	$4,783	$6,603	$4,783	'

INVESTMENTS_Details_11

INVESTMENTS (Details 11) (USD $)	9 Months Ended	12 Months Ended
	Sep. 30, 2013	Dec. 31, 2012
Pledged investments	'	'
Fair value of securities pledged	$10,222,000,000	$11,039,000,000
Fair value of amount repledged	60,000,000	33,000,000
Total carrying values of cash and securities deposited under requirements of regulatory authorities or other insurance-related arrangements	7,200,000,000	8,900,000,000
FHLBs	'	'
Pledged investments	'	'
Fair value of available for sale securities	76,000,000	341,000,000
Amount owned by subsidiaries	61,000,000	84,000,000
Secured financing	'	'
Pledged investments	'	'
Fair value of available for sale securities	4,064,000,000	8,180,000,000
Fair value of trading securities	2,881,000,000	2,985,000,000
GIAs	'	'
Pledged investments	'	'
Fair value of trading securities	$4,400,000,000	$4,400,000,000

LENDING_ACTIVITIES_Details

LENDING ACTIVITIES (Details) (USD $)

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2012

Dec. 31, 2011

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2012

Dec. 31, 2011

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

In Millions, unless otherwise specified

Commercial mortgages

Commercial mortgages

Commercial mortgages

Commercial mortgages

Commercial mortgages

Commercial mortgages

Commercial mortgages

Commercial mortgages

Life insurance policy loans

Life insurance policy loans

Commercial loans, other loans and notes receivable

Commercial loans, other loans and notes receivable

California

California

New York

New York

Composition of Mortgages and other loans receivable

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total mortgage and other loans receivable

$20,105

$19,887

'

'

$14,741

$13,788

'

'

'

'

'

'

$2,844

$2,952

$2,520

$3,147

Allowance for losses

-398

-405

-488

-740

-203

-159

-193

-305

'

'

'

'

'

'

'

'

Mortgage and other loans receivable, net

$19,707

$19,482

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Percentage of mortgage loans in geographic area

'

'

'

'

'

'

'

'

18.00%

22.00%

17.00%

15.00%

'

'

'

'

LENDING_ACTIVITIES_Details_2

LENDING ACTIVITIES (Details 2) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2012	Dec. 31, 2011	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013
In Millions, unless otherwise specified					Apartments	Offices	Retail	Industrial	Hotel	Others	Commercial mortgages
											loan
Credit quality indicators for commercial mortgage loans	'	'	'	'	'	'	'	'	'	'	'
Number of loans in good standing	'	'	'	'	'	'	'	'	'	'	974
Number of loans restructured	'	'	'	'	'	'	'	'	'	'	9
Number of loans greater than 90 days delinquent or in process of foreclosure	'	'	'	'	'	'	'	'	'	'	9
Number of Loans	'	'	'	'	'	'	'	'	'	'	992
In good standing	'	'	'	'	$2,313	$4,605	$2,920	$1,583	$1,339	$1,570	$14,330
Restructured	'	'	'	'	54	207	7	'	'	88	356
Greater than 90 days delinquent or in process of foreclosure	'	'	'	'	'	55	'	'	'	'	55
Mortgage and other loans receivable, net	19,707	19,482	'	'	2,367	4,867	2,927	1,583	1,339	1,658	14,741
Valuation allowance	$398	$405	$488	$740	$10	$109	$8	$20	$3	$53	$203
Percentage of loans that are current as to payments of principal and interest	'	'	'	'	'	'	'	'	'	'	97.00%
Percentage restructured	'	'	'	'	'	'	'	'	'	'	3.00%
Percentage Total	'	'	'	'	'	'	'	'	'	'	100.00%
Percentage of loans with valuation allowance	'	'	'	'	'	'	'	'	'	'	1.00%
Percentage of current commercial mortgages held	'	'	'	'	'	'	'	'	'	'	99.00%

LENDING_ACTIVITIES_Details_3

LENDING ACTIVITIES (Details 3) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Changes in the allowance for losses on Mortgage and other loans receivable	'	'
Allowance, beginning of year	$405	$740
Loans charged off	-42	-18
Recoveries of loans previously charged off	9	6
Net charge-offs	-33	-12
Provision for loan losses	31	-73
Other	-5	'
Activity of discontinued operations	'	-167
Allowance, end of period	398	488
Loans modified in a troubled debt restructuring	0	0
Commercial mortgages	'	'
Changes in the allowance for losses on Mortgage and other loans receivable	'	'
Allowance, beginning of year	159	305
Loans charged off	-5	-12
Recoveries of loans previously charged off	3	6
Net charge-offs	-2	-6
Provision for loan losses	47	-106
Other	-1	'
Allowance, end of period	203	193
Allowance related to individually assessed credit losses	102	38
Commercial mortgage loans	267	332
Other Loans	'	'
Changes in the allowance for losses on Mortgage and other loans receivable	'	'
Allowance, beginning of year	246	435
Loans charged off	-37	-6
Recoveries of loans previously charged off	6	'
Net charge-offs	-31	-6
Provision for loan losses	-16	33
Other	-4	'
Activity of discontinued operations	'	-167
Allowance, end of period	$195	$295

VARIABLE_INTEREST_ENTITIES_Det

VARIABLE INTEREST ENTITIES (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Assets:	'	'
Available for sale securities	$263,279,000,000	$273,171,000,000
Trading securities	22,884,000,000	24,584,000,000
Mortgage and other loans receivable	19,707,000,000	19,482,000,000
Other invested assets	29,168,000,000	29,117,000,000
Total assets of unconsolidated VIEs as well as maximum exposure to loss	'	'
Other invested assets	29,168,000,000	29,117,000,000
Real estate and investment funds	'	'
Liabilities:	'	'
Off-balance sheet exposure	50,800,000	48,700,000
Consolidated VIE	'	'
Assets:	'	'
Available for sale securities	11,111,000,000	2,944,000,000
Trading securities	862,000,000	1,011,000,000
Mortgage and other loans receivable	301,000,000	398,000,000
Other invested assets	3,854,000,000	4,375,000,000
Other assets	1,454,000,000	3,007,000,000
Total assets	17,582,000,000	11,735,000,000
Liabilities:	'	'
Long-term debt	704,000,000	748,000,000
Other liabilities	444,000,000	1,175,000,000
Total liabilities	1,148,000,000	1,923,000,000
Total assets of unconsolidated VIEs as well as maximum exposure to loss	'	'
Other invested assets	3,854,000,000	4,375,000,000
Consolidated VIE | Real estate and investment funds	'	'
Assets:	'	'
Available for sale securities	'	198,000,000
Trading securities	'	15,000,000
Other invested assets	924,000,000	1,122,000,000
Other assets	65,000,000	59,000,000
Total assets	989,000,000	1,394,000,000
Liabilities:	'	'
Long-term debt	74,000,000	157,000,000
Other liabilities	47,000,000	20,000,000
Total liabilities	121,000,000	177,000,000
Total assets of unconsolidated VIEs as well as maximum exposure to loss	'	'
Other invested assets	924,000,000	1,122,000,000
Consolidated VIE | Securitization vehicles	'	'
Assets:	'	'
Available for sale securities	11,111,000,000	2,422,000,000
Total assets	11,111,000,000	2,422,000,000
Liabilities:	'	'
Long-term debt	151,000,000	25,000,000
Total liabilities	151,000,000	25,000,000
Investment-grade debt securities	12,200,000,000	3,600,000,000
Consolidated VIE | Structured investment vehicle	'	'
Assets:	'	'
Trading securities	745,000,000	792,000,000
Other assets	646,000,000	902,000,000
Total assets	1,391,000,000	1,694,000,000
Liabilities:	'	'
Long-term debt	87,000,000	9,000,000
Other liabilities	61,000,000	43,000,000
Total liabilities	148,000,000	52,000,000
Consolidated VIE | Affordable housing partnerships	'	'
Assets:	'	'
Other invested assets	2,068,000,000	2,230,000,000
Other assets	36,000,000	33,000,000
Total assets	2,104,000,000	2,263,000,000
Liabilities:	'	'
Long-term debt	194,000,000	133,000,000
Other liabilities	79,000,000	68,000,000
Total liabilities	273,000,000	201,000,000
Total assets of unconsolidated VIEs as well as maximum exposure to loss	'	'
Other invested assets	2,068,000,000	2,230,000,000
Consolidated VIE | Other	'	'
Assets:	'	'
Available for sale securities	'	324,000,000
Trading securities	117,000,000	204,000,000
Mortgage and other loans receivable	301,000,000	398,000,000
Other invested assets	862,000,000	1,023,000,000
Other assets	707,000,000	2,013,000,000
Total assets	1,987,000,000	3,962,000,000
Liabilities:	'	'
Long-term debt	198,000,000	424,000,000
Other liabilities	257,000,000	1,044,000,000
Total liabilities	455,000,000	1,468,000,000
Total assets of unconsolidated VIEs as well as maximum exposure to loss	'	'
Other invested assets	862,000,000	1,023,000,000
Unconsolidated VIE	'	'
Assets:	'	'
Other invested assets	2,800,000,000	2,500,000,000
Total assets of unconsolidated VIEs as well as maximum exposure to loss	'	'
Total VIE Assets	21,742,000,000	18,178,000,000
Maximum Exposure to Loss, On-Balance Sheet	2,842,000,000	2,458,000,000
Maximum Exposure to Loss, Off-Balance Sheet	280,000,000	169,000,000
Total maximum exposure to loss	3,122,000,000	2,627,000,000
Other invested assets	2,800,000,000	2,500,000,000
Unconsolidated VIE | Real estate and investment funds	'	'
Total assets of unconsolidated VIEs as well as maximum exposure to loss	'	'
Total VIE Assets	20,087,000,000	16,662,000,000
Maximum Exposure to Loss, On-Balance Sheet	2,203,000,000	1,881,000,000
Maximum Exposure to Loss, Off-Balance Sheet	193,000,000	169,000,000
Total maximum exposure to loss	2,396,000,000	2,050,000,000
Unconsolidated VIE | Affordable housing partnerships	'	'
Total assets of unconsolidated VIEs as well as maximum exposure to loss	'	'
Total VIE Assets	474,000,000	498,000,000
Maximum Exposure to Loss, On-Balance Sheet	473,000,000	498,000,000
Total maximum exposure to loss	473,000,000	498,000,000
Unconsolidated VIE | Other	'	'
Total assets of unconsolidated VIEs as well as maximum exposure to loss	'	'
Total VIE Assets	1,181,000,000	1,018,000,000
Maximum Exposure to Loss, On-Balance Sheet	166,000,000	79,000,000
Maximum Exposure to Loss, Off-Balance Sheet	87,000,000	'
Total maximum exposure to loss	$253,000,000	$79,000,000

DERIVATIVES_AND_HEDGE_ACCOUNTI2

DERIVATIVES AND HEDGE ACCOUNTING (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Notional amounts and fair values of AIG's derivative instruments	'	'
Gross Derivative Assets, Notional Amount	$90,107	$97,922
Gross Derivative Assets, Fair Value	4,401	7,047
Gross Derivative Liabilities, Notional Amount	105,735	117,630
Gross Derivative Liabilities, Fair Value	6,704	9,760
Bifurcated embedded derivatives	'	'
Notional amounts and fair values of AIG's derivative instruments	'	'
Gross Derivative Assets, Notional Amount	1,100	'
Gross Derivative Assets, Fair Value	4	'
Gross Derivative Liabilities, Notional Amount	27,000	23,000
Gross Derivative Liabilities, Fair Value	400	1,300
Derivatives designated as hedging instruments | Interest rate contracts	'	'
Notional amounts and fair values of AIG's derivative instruments	'	'
Gross Derivative Liabilities, Notional Amount	119	'
Gross Derivative Liabilities, Fair Value	7	'
Derivatives designated as hedging instruments | Foreign exchange contracts	'	'
Notional amounts and fair values of AIG's derivative instruments	'	'
Gross Derivative Assets, Notional Amount	468	'
Gross Derivative Assets, Fair Value	6	'
Gross Derivative Liabilities, Notional Amount	1,054	'
Gross Derivative Liabilities, Fair Value	78	'
Derivatives not designated as hedging instruments	'	'
Notional amounts and fair values of AIG's derivative instruments	'	'
Gross Derivative Assets, Notional Amount	89,639	97,922
Gross Derivative Assets, Fair Value	4,395	7,047
Gross Derivative Liabilities, Notional Amount	104,562	117,630
Gross Derivative Liabilities, Fair Value	6,619	9,760
Derivatives not designated as hedging instruments | Interest rate contracts	'	'
Notional amounts and fair values of AIG's derivative instruments	'	'
Gross Derivative Assets, Notional Amount	54,968	63,463
Gross Derivative Assets, Fair Value	4,013	6,479
Gross Derivative Liabilities, Notional Amount	52,688	63,482
Gross Derivative Liabilities, Fair Value	4,177	5,806
Derivatives not designated as hedging instruments | Foreign exchange contracts	'	'
Notional amounts and fair values of AIG's derivative instruments	'	'
Gross Derivative Assets, Notional Amount	934	8,325
Gross Derivative Assets, Fair Value	35	104
Gross Derivative Liabilities, Notional Amount	5,427	10,168
Gross Derivative Liabilities, Fair Value	197	174
Derivatives not designated as hedging instruments | Equity contracts	'	'
Notional amounts and fair values of AIG's derivative instruments	'	'
Gross Derivative Assets, Notional Amount	6,131	4,990
Gross Derivative Assets, Fair Value	257	221
Gross Derivative Liabilities, Notional Amount	29,533	25,626
Gross Derivative Liabilities, Fair Value	491	1,377
Derivatives not designated as hedging instruments | Commodity contracts	'	'
Notional amounts and fair values of AIG's derivative instruments	'	'
Gross Derivative Assets, Notional Amount	17	625
Gross Derivative Assets, Fair Value	1	145
Gross Derivative Liabilities, Notional Amount	13	622
Gross Derivative Liabilities, Fair Value	4	146
Derivatives not designated as hedging instruments | Credit contracts	'	'
Notional amounts and fair values of AIG's derivative instruments	'	'
Gross Derivative Assets, Notional Amount	71	70
Gross Derivative Assets, Fair Value	56	60
Gross Derivative Liabilities, Notional Amount	15,608	16,244
Gross Derivative Liabilities, Fair Value	1,561	2,051
Derivatives not designated as hedging instruments | Other contracts	'	'
Notional amounts and fair values of AIG's derivative instruments	'	'
Gross Derivative Assets, Notional Amount	27,518	20,449
Gross Derivative Assets, Fair Value	33	38
Gross Derivative Liabilities, Notional Amount	1,293	1,488
Gross Derivative Liabilities, Fair Value	$189	$206

DERIVATIVES_AND_HEDGE_ACCOUNTI3

DERIVATIVES AND HEDGE ACCOUNTING (Details 2) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Notional amounts and fair values of AIG's derivative instruments	'	'
Derivative Assets, Notional Amount	$90,107,000,000	$97,922,000,000
Derivative Assets, Fair Value	4,401,000,000	7,047,000,000
Derivative Liabilities, Notional Amount	105,735,000,000	117,630,000,000
Derivative Liabilities, Fair Value	6,704,000,000	9,760,000,000
Derivative assets, Counterparty netting	-1,863,000,000	-2,467,000,000
Derivative assets, Cash collateral	-811,000,000	-909,000,000
Total derivative assets, net	1,727,000,000	3,671,000,000
Derivative liabilities, Counterparty netting	-1,863,000,000	-2,467,000,000
Derivative liabilities, Cash collateral	-1,664,000,000	-1,976,000,000
Total derivative liabilities, net	3,177,000,000	5,317,000,000
Less: Bifurcated embedded derivatives assets, fair value	4,000,000	'
Less: Bifurcated embedded derivative liabilities, fair value	455,000,000	1,256,000,000
Total derivative assets on consolidated balance sheet	1,723,000,000	3,671,000,000
Total derivative liabilities on consolidated balance sheet	2,722,000,000	4,061,000,000
Collateral	'	'
Collateral posted to third parties for derivative transactions	3,400,000,000	4,500,000,000
Collateral obtained from third parties for derivative transactions	1,100,000,000	1,400,000,000
Non-Global Capital Markets	'	'
Notional amounts and fair values of AIG's derivative instruments	'	'
Derivative Assets, Notional Amount	31,292,000,000	24,040,000,000
Derivative Assets, Fair Value	659,000,000	1,014,000,000
Derivative Liabilities, Notional Amount	33,460,000,000	32,139,000,000
Derivative Liabilities, Fair Value	1,202,000,000	2,436,000,000
Other Operations | Global Capital Markets (GCM) derivatives	'	'
Notional amounts and fair values of AIG's derivative instruments	'	'
Derivative Assets, Notional Amount	58,815,000,000	73,882,000,000
Derivative Assets, Fair Value	3,742,000,000	6,033,000,000
Derivative Liabilities, Notional Amount	72,275,000,000	85,491,000,000
Derivative Liabilities, Fair Value	5,502,000,000	7,324,000,000
Other Operations | AIG Financial Products	'	'
Notional amounts and fair values of AIG's derivative instruments	'	'
Derivative Assets, Notional Amount	46,395,000,000	59,854,000,000
Derivative Assets, Fair Value	2,761,000,000	4,725,000,000
Derivative Liabilities, Notional Amount	56,908,000,000	66,717,000,000
Derivative Liabilities, Fair Value	3,959,000,000	5,506,000,000
Other Operations | AIG Markets	'	'
Notional amounts and fair values of AIG's derivative instruments	'	'
Derivative Assets, Notional Amount	12,420,000,000	14,028,000,000
Derivative Assets, Fair Value	981,000,000	1,308,000,000
Derivative Liabilities, Notional Amount	15,367,000,000	18,774,000,000
Derivative Liabilities, Fair Value	$1,543,000,000	$1,818,000,000

DERIVATIVES_AND_HEDGE_ACCOUNTI4

DERIVATIVES AND HEDGE ACCOUNTING (Details 3) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Derivative instruments gain (loss):	'	'	'	'
Foreign currency translation gain (loss) adjustment related to net investment hedge relationships	($108)	($70)	($13)	($13)
Derivatives designated as hedging instruments | Interest rate contracts | Fair value hedging	'	'	'	'
Derivative instruments gain (loss):	'	'	'	'
Gain (loss) recognized in earnings on derivatives	2	'	2	-2
Gain (loss) recognized in earnings on hedged items	17	19	70	99
Amortization of debt basis adjustment following the discontinuation of hedge accounting	19	18	72	97
Derivatives designated as hedging instruments | Foreign exchange contracts | Fair value hedging	'	'	'	'
Derivative instruments gain (loss):	'	'	'	'
Gain (loss) recognized in earnings on derivatives	-21	'	-61	'
Gain (loss) recognized in earnings on hedged items	19	'	66	'
Gain (loss) recognized in earnings on hedged items excluded from effectiveness testing	-2	'	5	'
Derivatives not designated as hedging instruments	'	'	'	'
Derivative instruments gain (loss):	'	'	'	'
Gain (loss) recognized in earnings on derivatives	175	-321	920	-454
Derivatives not designated as hedging instruments | Policy fees	'	'	'	'
Derivative instruments gain (loss):	'	'	'	'
Gain (loss) recognized in earnings on derivatives	56	42	149	115
Derivatives not designated as hedging instruments | Net investment income	'	'	'	'
Derivative instruments gain (loss):	'	'	'	'
Gain (loss) recognized in earnings on derivatives	-7	'	22	1
Derivatives not designated as hedging instruments | Net realized capital gains (losses)	'	'	'	'
Derivative instruments gain (loss):	'	'	'	'
Gain (loss) recognized in earnings on derivatives	200	-183	200	-843
Derivatives not designated as hedging instruments | Other income (losses)	'	'	'	'
Derivative instruments gain (loss):	'	'	'	'
Gain (loss) recognized in earnings on derivatives	-71	-180	560	273
Derivatives not designated as hedging instruments | Policyholder benefits and claims incurred	'	'	'	'
Derivative instruments gain (loss):	'	'	'	'
Gain (loss) recognized in earnings on derivatives	-3	'	-11	'
Derivatives not designated as hedging instruments | Interest rate contracts	'	'	'	'
Derivative instruments gain (loss):	'	'	'	'
Gain (loss) recognized in earnings on derivatives	35	-220	-250	-208
Derivatives not designated as hedging instruments | Foreign exchange contracts	'	'	'	'
Derivative instruments gain (loss):	'	'	'	'
Gain (loss) recognized in earnings on derivatives	-83	-93	64	-3
Derivatives not designated as hedging instruments | Equity contracts	'	'	'	'
Derivative instruments gain (loss):	'	'	'	'
Gain (loss) recognized in earnings on derivatives	158	-206	670	-601
Embedded derivative gains (losses)	266	-75	1,000	-268
Derivatives not designated as hedging instruments | Commodity contracts	'	'	'	'
Derivative instruments gain (loss):	'	'	'	'
Gain (loss) recognized in earnings on derivatives	-1	2	-3	'
Derivatives not designated as hedging instruments | Credit contracts	'	'	'	'
Derivative instruments gain (loss):	'	'	'	'
Gain (loss) recognized in earnings on derivatives	52	200	365	414
Derivatives not designated as hedging instruments | Other contracts	'	'	'	'
Derivative instruments gain (loss):	'	'	'	'
Gain (loss) recognized in earnings on derivatives	$14	($4)	$74	($56)

DERIVATIVES_AND_HEDGE_ACCOUNTI5

DERIVATIVES AND HEDGE ACCOUNTING (Details 4) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Credit derivatives:	'	'	'	'	'
Obligation to make payments on embedded credit derivatives	$0	'	$0	'	'
Fair value of hybrid securities	6,400,000,000	'	6,400,000,000	'	'
Current par value of hybrid securities	13,700,000,000	'	13,700,000,000	'	'
Credit Risk-Related Contingent Features	'	'	'	'	'
Credit derivatives:	'	'	'	'	'
Collateral posted	3,400,000,000	'	3,400,000,000	'	'
Aggregate fair value of net liability position	2,900,000,000	'	2,900,000,000	'	'
Additional collateral requirements, one-notch downgrade	69,000,000	'	69,000,000	'	'
Further additional collateral requirements, one-notch downgrade	140,000,000	'	140,000,000	'	'
Global Capital Markets (GCM) derivatives	'	'	'	'	'
Credit derivatives:	'	'	'	'	'
Credit derivative transactions hedging credit risk	68,000,000	'	68,000,000	'	'
Global Capital Markets (GCM) derivatives | Super Senior CDS	'	'	'	'	'
Credit derivatives:	'	'	'	'	'
Notional amount of credit risk derivatives	15,237,000,000	'	15,237,000,000	'	15,873,000,000
Amortization	'	'	745,000,000	'	'
Terminations	'	'	67,000,000	'	'
Foreign exchange rate movement	'	'	176,000,000	'	'
Fair Value of Derivative (Asset) Liability	1,494,000,000	'	1,494,000,000	'	1,970,000,000
Unrealized market valuation gain (loss) on credit derivatives	54,000,000	204,000,000	356,000,000	401,000,000	'
Unrealized gains (losses) on derivatives from change in credit valuation	-2,000,000	-12,000,000	-3,000,000	-36,000,000	'
Global Capital Markets (GCM) derivatives | Super Senior CDS | Regulatory Capital	'	'	'	'	'
Credit derivatives:	'	'	'	'	'
Notional amount of credit risk derivatives	2,000,000	'	2,000,000	'	97,000,000
Unrealized market valuation gain (loss) on credit derivatives	'	6,000,000	'	9,000,000	'
Global Capital Markets (GCM) derivatives | Super Senior CDS | Regulatory Capital | Prime residential mortgages	'	'	'	'	'
Credit derivatives:	'	'	'	'	'
Notional amount of credit risk derivatives	2,000,000	'	2,000,000	'	97,000,000
Global Capital Markets (GCM) derivatives | Super Senior CDS | Regulatory Capital | Prime residential mortgages | Maximum	'	'	'	'	'
Credit derivatives:	'	'	'	'	'
Derivative weighted average maturity	'	'	'1 year	'	'
Global Capital Markets (GCM) derivatives | Super Senior CDS | Regulatory Capital | Other	'	'	'	'	'
Credit derivatives:	'	'	'	'	'
Unrealized market valuation gain (loss) on credit derivatives	'	6,000,000	'	9,000,000	'
Global Capital Markets (GCM) derivatives | Super Senior CDS | Arbitrage	'	'	'	'	'
Credit derivatives:	'	'	'	'	'
Notional amount of credit risk derivatives	15,235,000,000	'	15,235,000,000	'	15,776,000,000
Fair Value of Derivative (Asset) Liability	1,494,000,000	'	1,494,000,000	'	1,970,000,000
Unrealized market valuation gain (loss) on credit derivatives	54,000,000	184,000,000	356,000,000	389,000,000	'
Global Capital Markets (GCM) derivatives | Super Senior CDS | Arbitrage | Multi-sector CDOs	'	'	'	'	'
Credit derivatives:	'	'	'	'	'
Notional amount of credit risk derivatives	3,399,000,000	'	3,399,000,000	'	3,944,000,000
Fair Value of Derivative (Asset) Liability	1,460,000,000	'	1,460,000,000	'	1,910,000,000
Unrealized market valuation gain (loss) on credit derivatives	49,000,000	142,000,000	330,000,000	336,000,000	'
Additional amount paid for CDS terminated during period	'	'	120,000,000	'	'
Notional amount of CDS with cash settlement provisions	3,000,000,000	'	3,000,000,000	'	3,400,000,000
Collateral posted	1,200,000,000	'	1,200,000,000	'	1,600,000,000
Derivative weighted average maturity	'	'	'6 years	'	'
Global Capital Markets (GCM) derivatives | Super Senior CDS | Arbitrage | Corporate debt/CLOs	'	'	'	'	'
Credit derivatives:	'	'	'	'	'
Notional amount of credit risk derivatives	11,836,000,000	'	11,836,000,000	'	11,832,000,000
Fair Value of Derivative (Asset) Liability	34,000,000	'	34,000,000	'	60,000,000
Unrealized market valuation gain (loss) on credit derivatives	5,000,000	42,000,000	26,000,000	53,000,000	'
Collateral posted	394,000,000	'	394,000,000	'	420,000,000
Notional amount of CDS written on super senior tranches of CLOs	1,100,000,000	'	1,100,000,000	'	1,200,000,000
Derivative weighted average maturity	'	'	'2 years	'	'
Global Capital Markets (GCM) derivatives | Super Senior CDS | Mezzanine Tranches	'	'	'	'	'
Credit derivatives:	'	'	'	'	'
Unrealized market valuation gain (loss) on credit derivatives	'	14,000,000	'	3,000,000	'
Global Capital Markets (GCM) derivatives | Written single name CDS	'	'	'	'	'
Credit derivatives:	'	'	'	'	'
Notional amount of credit risk derivatives	399,000,000	'	399,000,000	'	'
Collateral posted	52,000,000	'	52,000,000	'	'
Derivative weighted average maturity	'	'	'3 years	'	'
Notional amount of CDS purchased offsets	51,000,000	'	51,000,000	'	'
Notional amount of single name CDS maximum exposure	348,000,000	'	348,000,000	'	'
Fair value of derivative liability	$39,000,000	'	$39,000,000	'	'

CONTINGENCIES_COMMITMENTS_AND_1

CONTINGENCIES, COMMITMENTS AND GUARANTEES (Details) (USD $)

Jun. 30, 2013

Nov. 29, 2012

Apr. 08, 2013

Sep. 16, 2013

Sep. 30, 2013

17-May-13

Mar. 20, 2009

Nov. 25, 2008

Sep. 30, 2013

Mar. 11, 2013

Sep. 30, 2013

Aug. 26, 2013

Sep. 30, 2013

Feb. 25, 2010

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2012

In Millions, unless otherwise specified

AIGFP

Chartis U.S.

UGC

Consolidated 2008 Securities Litigation

Consolidated 2008 Securities Litigation

Consolidated 2008 Securities Litigation

Consolidated 2008 Securities Litigation

ERISA Litigation II

Canadian Securities Class Action claim

Starr International Litigation

Starr International Litigation

Brookfield litigation related to AIGFP

Fitzpatrick matter

False Claims Act complaint

False Claims Act complaint

Caremark

Use of SSDMF

item

item

item

complaint

complaint

class

item

individual

multiple

complaint

LITIGATION, INVESTIGATIONS AND REGULATORY MATTERS

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of purported class action complaints

'

'

'

'

'

'

8

8

'

'

'

'

'

'

'

2

'

Number of similar actions

'

'

'

4

'

5

'

'

'

'

'

'

'

'

'

'

'

Number of foreign funds that are plaintiffs in similar actions

'

'

'

12

'

8

'

'

'

'

'

'

'

'

'

'

'

Notice period for purported class action complaints consolidated

'

'

'

'

'30 days

'

'

'

'

'

'

'

'

'

'

'

'

Number of funds that are plaintiffs in similar actions

'

'

'

25

'

'

'

'

'

'

'

'

'

'

'

'

'

Damages claimed

'

'

'

'

'

'

'

'

$500

'

'

'

'

'

'

$3,200

'

Punitive damages claimed

'

'

'

'

'

'

'

'

50

'

'

'

'

'

'

'

'

Percentage of ownership in AIG received by Department of the Treasury

'

'

'

'

'

'

'

'

'

'

80.00%

'

'

'

'

'

'

Damages claimed, amount currently due

'

'

'

'

'

'

'

'

'

'

'

'

274

'

'

'

'

Number of buildings sold

'

'

'

'

'

'

'

'

'

'

'

'

8

'

'

'

'

Number of buildings sold but not owned by the entity

'

'

'

'

'

'

'

'

'

'

'

'

1

'

'

'

'

Range of loss, maximum

'

'

'

'

'

'

'

'

'

'

'

'

274

'

'

'

'

Number of individuals (Relators) seeking to assert claims

'

'

'

'

'

'

'

'

'

'

'

'

'

2

'

'

'

Damages sought, multiple of damages sustained

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3

'

'

Number of purported classes

'

'

'

'

'

'

'

'

'

2

'

'

'

'

'

'

'

Amount agreed to the consensual termination of the swap agreement

'

'

'

'

'

'

'

'

'

'

'

905

'

'

'

'

'

Payments for regulatory assessment

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

11

Carrying value of swap agreement

900

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Settlement agreement, number of jurisdictions

'

50

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Civil penalty paid

'

$50

$4.50

'

'

'

'

'

'

'

'

'

'

'

'

'

'

CONTINGENCIES_COMMITMENTS_AND_2

CONTINGENCIES, COMMITMENTS AND GUARANTEES (Details 2) (USD $)	9 Months Ended
In Billions, unless otherwise specified	Sep. 30, 2013
	engine
	aircraft
Other Commitments	'
Other Commitments	2.5
International Lease Finance Corporation (ILFC) | Flight Equipment	'
HELD-FOR-SALE CLASSIFICATION	'
Number of used aircraft	2
Number of new spare engines deliverable	9
International Lease Finance Corporation (ILFC) | New Aircraft	'
HELD-FOR-SALE CLASSIFICATION	'
Purchase commitment, number of aircraft purchased	338
Aggregate estimated total remaining payments	21.8
Number of purchased aircraft subject to sale-leaseback agreements	10

CONTINGENCIES_COMMITMENTS_AND_3

CONTINGENCIES, COMMITMENTS AND GUARANTEES (Details 3) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013
ALICO	'
Guarantees	'
Payments made or placed in escrow accounts at end of period	$20
Other Operations | AIG Financial Products	'
Guarantees	'
Amount outstanding under standby letters of credit at end of period	306
Indemnifications | ALICO	'
Guarantees	'
Various deductible amounts under indemnifications	0
Tax indemnification | ALICO	'
Guarantees	'
Maximum amount exposed under guarantee	200
Aggregate deductible amount under guarantee	$50

EQUITY_Details

EQUITY (Details) (USD $)	0 Months Ended		3 Months Ended	9 Months Ended	0 Months Ended	9 Months Ended
	Sep. 26, 2013	Aug. 01, 2013	Sep. 30, 2013	Sep. 30, 2013	Oct. 31, 2013	Sep. 30, 2013	Sep. 30, 2013
					Subsequent event	Common Stock Issued	Treasury Stock
The following table presents a roll forward of outstanding shares:	'	'	'	'	'	'	'
Shares, beginning of year	'	'	'	-430,289,745	'	'	-430,289,745
Shares, beginning of year	'	'	'	1,906,611,680	'	1,906,611,680	'
Shares, beginning of year	'	'	'	1,476,321,935	'	'	'
Shares issued	'	'	'	45,733	'	21,749	23,984
Shares repurchased	'	'	-4,000,000	-4,023,946	'	'	-4,023,946
Shares, end of period	'	'	-434,289,707	-434,289,707	'	'	-434,289,707
Shares, end of period	'	'	1,906,633,429	1,906,633,429	'	1,906,633,429	'
Shares, end of period	'	'	1,472,343,722	1,472,343,722	'	'	'
Dividend paid (in dollars per share)	$0.10	'	'	'	'	'	'
Cash dividend declared on common stock (in dollars per share)	'	'	$0.10	$0.10	$0.10	'	'
Common stock authorized to be repurchased	'	$1,000,000,000	'	'	'	'	'
Aggregate purchase price of repurchased shares	'	'	$192,000,000	$192,000,000	'	'	'

EQUITY_Details_2

EQUITY (Details 2) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
A rollforward of Accumulated Other Comprehensive Income (Loss)	'	'	'	'
Balance, beginning of period, net of tax	'	'	$12,574	'
Change in unrealized appreciation (depreciation) of investments	-871	3,402	-9,382	6,597
Change in unrealized appreciation (depreciation) of investments	-31	906	286	1,937
Changes in foreign currency translation adjustments	-143	258	-709	-167
Deferred tax asset (liability)	535	-1,490	3,662	-2,710
Deferred tax asset (liability)	8	-409	-114	-810
Deferred tax asset (liability)	437	-1,071	3,714	-1,980
Deferred tax asset (liability)	94	-18	82	71
Deferred tax asset (liability)	-4	9	-20	-5
Other comprehensive income (loss)	-532	3,099	-6,088	5,734
Other comprehensive income (loss)	-23	497	172	1,127
Other comprehensive income (loss)	-434	2,331	-5,668	4,617
Other comprehensive income (loss)	-49	240	-627	-96
Other comprehensive income (loss)	-26	29	35	61
Balance, end of period, net of tax	6,509	'	6,509	'
Accumulated Other Comprehensive Income (Loss)	'	'	'	'
A rollforward of Accumulated Other Comprehensive Income (Loss)	'	'	'	'
Balance, beginning of period, net of tax	'	'	12,574	'
Change in unrealized appreciation (depreciation) of investments	'	'	-12,734	'
Change in deferred acquisition costs adjustment and other	'	'	831	'
Change in future policy benefits	'	'	2,807	'
Changes in foreign currency translation adjustments	'	'	-709	'
Net actuarial gain (loss)	'	'	94	'
Prior service (cost) credit	'	'	-39	'
Deferred tax asset (liability)	'	'	3,662	'
Other comprehensive income (loss)	'	'	-6,088	'
Noncontrolling interests	'	'	-23	'
Balance, end of period, net of tax	6,509	'	6,509	'
Unrealized Appreciation (Depreciation) of Fixed Maturity Investments on Which Other-Than-Temporary Credit Impairments Were Recognized	'	'	'	'
A rollforward of Accumulated Other Comprehensive Income (Loss)	'	'	'	'
Balance, beginning of period, net of tax	'	'	575	'
Change in unrealized appreciation (depreciation) of investments	'	'	314	'
Change in deferred acquisition costs adjustment and other	'	'	-108	'
Change in future policy benefits	'	'	80	'
Deferred tax asset (liability)	'	'	-114	'
Other comprehensive income (loss)	'	'	172	'
Balance, end of period, net of tax	747	'	747	'
Unrealized Appreciation (Depreciation) of All Other Investments	'	'	'	'
A rollforward of Accumulated Other Comprehensive Income (Loss)	'	'	'	'
Balance, beginning of period, net of tax	'	'	13,446	'
Change in unrealized appreciation (depreciation) of investments	'	'	-13,048	'
Change in deferred acquisition costs adjustment and other	'	'	939	'
Change in future policy benefits	'	'	2,727	'
Deferred tax asset (liability)	'	'	3,714	'
Other comprehensive income (loss)	'	'	-5,668	'
Noncontrolling interests	'	'	-16	'
Balance, end of period, net of tax	7,794	'	7,794	'
Foreign Currency Translation Adjustments	'	'	'	'
A rollforward of Accumulated Other Comprehensive Income (Loss)	'	'	'	'
Balance, beginning of period, net of tax	'	'	-403	'
Changes in foreign currency translation adjustments	'	'	-709	'
Deferred tax asset (liability)	'	'	82	'
Other comprehensive income (loss)	'	'	-627	'
Noncontrolling interests	'	'	-7	'
Balance, end of period, net of tax	-1,023	'	-1,023	'
Change in Retirement Plan Liabilities Adjustment	'	'	'	'
A rollforward of Accumulated Other Comprehensive Income (Loss)	'	'	'	'
Balance, beginning of period, net of tax	'	'	-1,044	'
Net actuarial gain (loss)	'	'	94	'
Prior service (cost) credit	'	'	-39	'
Deferred tax asset (liability)	'	'	-20	'
Other comprehensive income (loss)	'	'	35	'
Balance, end of period, net of tax	($1,009)	'	($1,009)	'

EQUITY_Details_3

EQUITY (Details 3) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Unrealized Appreciation (Depreciation) of Fixed Maturity Investments on Which Other-Than-Temporary Credit Impairments Were Taken	'	'	'	'
Unrealized change arising during period	($30)	$922	$342	$1,949
Less: Reclassification adjustments included in net income	1	16	56	12
Total other comprehensive income (loss), before income tax expense (benefit)	-31	906	286	1,937
Less: Income tax expense (benefit)	-8	409	114	810
Total other comprehensive income (loss), net of income tax expense (benefit)	-23	497	172	1,127
Unrealized Appreciation (Depreciation) of All Other Investments	'	'	'	'
Unrealized change arising during period	-652	3,600	-8,784	8,072
Less: Reclassification adjustments included in net income	219	198	598	1,475
Total other comprehensive income (loss), before income tax expense (benefit)	-871	3,402	-9,382	6,597
Less: Income tax expense (benefit)	-437	1,071	-3,714	1,980
Total other comprehensive income (loss), net of income tax expense (benefit)	-434	2,331	-5,668	4,617
Foreign Currency Translation Adjustments	'	'	'	'
Unrealized change arising during period	-143	258	-709	-167
Total other comprehensive income (loss), before income tax expense (benefit)	-143	258	-709	-167
Less: Income tax expense (benefit)	-94	18	-82	-71
Total other comprehensive income (loss), net of income tax expense (benefit)	-49	240	-627	-96
Net Derivative Gains (Losses) Arising from Cash Flow Hedging Activities	'	'	'	'
Unrealized change arising during period	'	-1	'	-2
Less: Reclassification adjustments included in net income	'	-4	'	-13
Total other comprehensive income (loss), before income tax expense (benefit)	'	3	'	11
Less: Income tax expense (benefit)	'	1	'	-14
Total other comprehensive income (loss), net of income tax expense (benefit)	'	2	'	25
Change in Retirement Plan Liabilities Adjustment	'	'	'	'
Unrealized change arising during period	-44	1	-18	5
Less: Reclassification adjustments included in net income	-22	-19	-73	-61
Total other comprehensive income (loss), before income tax expense (benefit)	-22	20	55	66
Less: Income tax expense (benefit)	4	-9	20	5
Total other comprehensive income (loss), net of income tax expense (benefit)	-26	29	35	61
Other Comprehensive Income (Loss) Reclassification Adjustments	'	'	'	'
Unrealized change arising during period	-869	4,780	-9,169	9,857
Less: Reclassification adjustments included in net income	198	191	581	1,413
Total other comprehensive income (loss), before income tax expense (benefit)	-1,067	4,589	-9,750	8,444
Less: Income tax expense (benefit)	-535	1,490	-3,662	2,710
Other comprehensive income (loss)	($532)	$3,099	($6,088)	$5,734

EQUITY_Details_4

EQUITY (Details 4) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Reclassification of significant items out of Accumulated Other Comprehensive Income	'	'	'	'
Other realized capital gains	($291)	($716)	($2,250)	($1,467)
Amortization of deferred acquisition costs	1,220	1,522	3,859	4,341
Policyholder benefits and claims incurred	7,416	8,002	22,234	22,910
Amount Reclassified from Accumulated Other Comprehensive Income	'	'	'	'
Reclassification of significant items out of Accumulated Other Comprehensive Income	'	'	'	'
Total reclassifications for the period	198	'	581	'
Unrealized appreciation (depreciation) of fixed maturity investments on which other-than-temporary credit impairments were recognized | Amount Reclassified from Accumulated Other Comprehensive Income	'	'	'	'
Reclassification of significant items out of Accumulated Other Comprehensive Income	'	'	'	'
Other realized capital gains	1	'	56	'
Total reclassifications for the period	1	'	56	'
Unrealized appreciation (depreciation) of all other investments | Amount Reclassified from Accumulated Other Comprehensive Income	'	'	'	'
Reclassification of significant items out of Accumulated Other Comprehensive Income	'	'	'	'
Other realized capital gains	501	'	2,093	'
Amortization of deferred acquisition costs	-39	'	-33	'
Policyholder benefits and claims incurred	-243	'	-1,462	'
Total reclassifications for the period	219	'	598	'
Change in retirement plan liabilities adjustment | Amount Reclassified from Accumulated Other Comprehensive Income	'	'	'	'
Reclassification of significant items out of Accumulated Other Comprehensive Income	'	'	'	'
Prior-service costs	13	'	35	'
Actuarial gains/(losses)	-35	'	-108	'
Total reclassifications for the period	($22)	'	($73)	'

NONCONTROLLING_INTERESTS_Detai

NONCONTROLLING INTERESTS (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
A rollforward of noncontrolling interests	'	'	'	'	'
Balance, beginning of year	'	'	$667	'	'
Contributions from noncontrolling interests	'	'	25	'	'
Other comprehensive income (loss), net of tax:	'	'	'	'	'
Total other comprehensive income (loss), net of tax	6,509	'	6,509	'	12,574
Total comprehensive income (loss) attributable to noncontrolling interests	-42	8	-11	253	'
Balance, end of period	656	'	656	'	'
Redeemable Noncontrolling interests	'	'	'	'	'
A rollforward of noncontrolling interests	'	'	'	'	'
Balance, beginning of year	'	'	334	8,523	'
Repayment to Department of the Treasury	'	'	'	-8,635	'
Contributions from noncontrolling interests	'	'	48	59	'
Distributions to noncontrolling interests	'	'	-153	'	'
Consolidation (deconsolidation)	'	'	-146	-5	'
Comprehensive income (loss):	'	'	'	'	'
Net income (loss)	'	'	'	213	'
Other comprehensive income (loss), net of tax:	'	'	'	'	'
Unrealized gains (losses) on investments	'	'	-15	4	'
Foreign currency translation adjustments	-2	'	-2	'	'
Total other comprehensive income (loss), net of tax	-17	4	-17	4	'
Total comprehensive income (loss) attributable to noncontrolling interests	'	'	-17	217	'
Balance, end of period	66	159	66	159	'
Redeemable Noncontrolling interests | Department of the Treasury.	'	'	'	'	'
A rollforward of noncontrolling interests	'	'	'	'	'
Balance, beginning of year	'	'	'	8,427	'
Repayment to Department of the Treasury	'	'	'	-8,635	'
Comprehensive income (loss):	'	'	'	'	'
Net income (loss)	'	'	'	208	'
Other comprehensive income (loss), net of tax:	'	'	'	'	'
Total comprehensive income (loss) attributable to noncontrolling interests	'	'	'	208	'
Redeemable Noncontrolling interests | Other Minority Interests Holder	'	'	'	'	'
A rollforward of noncontrolling interests	'	'	'	'	'
Balance, beginning of year	'	'	334	96	'
Contributions from noncontrolling interests	'	'	48	59	'
Distributions to noncontrolling interests	'	'	-153	'	'
Consolidation (deconsolidation)	'	'	-146	-5	'
Comprehensive income (loss):	'	'	'	'	'
Net income (loss)	'	'	'	5	'
Other comprehensive income (loss), net of tax:	'	'	'	'	'
Unrealized gains (losses) on investments	'	'	-15	4	'
Foreign currency translation adjustments	-2	'	-2	'	'
Total other comprehensive income (loss), net of tax	-17	4	-17	4	'
Total comprehensive income (loss) attributable to noncontrolling interests	'	'	-17	9	'
Balance, end of period	66	159	66	159	'
Non-redeemable Noncontrolling interests	'	'	'	'	'
A rollforward of noncontrolling interests	'	'	'	'	'
Balance, beginning of year	'	'	667	855	'
Contributions from noncontrolling interests	'	'	25	58	'
Distributions to noncontrolling interests	'	'	-37	-175	'
Consolidation (deconsolidation)	'	'	1	'	'
Comprehensive income (loss):	'	'	'	'	'
Net income (loss)	'	'	12	40	'
Other comprehensive income (loss), net of tax:	'	'	'	'	'
Unrealized gains (losses) on investments	'	'	'	3	'
Foreign currency translation adjustments	-6	-7	-6	-7	'
Total other comprehensive income (loss), net of tax	-6	-4	-6	-4	'
Total comprehensive income (loss) attributable to noncontrolling interests	'	'	6	36	'
Other	'	'	-6	-26	'
Balance, end of period	$656	$748	$656	$748	'

EARNINGS_PER_SHARE_EPS_Details

EARNINGS PER SHARE (EPS) (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Numerator for EPS:	'	'	'	'
Income (loss) from continuing operations	$2,172	$1,824	$7,035	$7,369
Less: Net income (loss) from continuing operations attributable to noncontrolling interests:	'	'	'	'
Nonvoting, callable, junior and senior preferred interests	'	'	'	208
Other	-40	5	12	45
Total net income (loss) from continuing operations attributable to noncontrolling interests	-40	5	12	253
Net income (loss) attributable to AIG from continuing operations	2,212	1,819	7,023	7,116
Net income (loss) attributable to AIG from discontinued operations, applicable to common stock for EPS	-42	37	84	280
Net income (loss) attributable to AIG common shareholders from continuing operations, applicable to common stock for EPS	$2,170	$1,856	$7,107	$7,396
Denominator for EPS:	'	'	'	'
Weighted average shares outstanding - basic	1,475,053,126	1,642,472,814	1,476,007,034	1,757,955,937
Dilutive shares	10,269,732	29,437	5,403,839	28,217
Weighted average shares outstanding - diluted	1,485,322,858	1,642,502,251	1,481,410,873	1,757,984,154
Basic:	'	'	'	'
Income (loss) from continuing operations - basic (in dollars per share)	$1.50	$1.11	$4.76	$4.05
Income (loss) from discontinued operations - basic (in dollars per share)	($0.03)	$0.02	$0.06	$0.16
Net Income (loss) attributable to AIG - basic (in dollars per share)	$1.47	$1.13	$4.82	$4.21
Diluted:	'	'	'	'
Income (loss) from continuing operations - diluted (in dollars per share)	$1.49	$1.11	$4.74	$4.05
Income (loss) from discontinued operations - diluted (in dollars per share)	($0.03)	$0.02	$0.06	$0.16
Net Income (loss) attributable to AIG - diluted (in dollars per share)	$1.46	$1.13	$4.80	$4.21
Number of shares, warrants, and options excluded from diluted shares outstanding because the effect would have been anti-dilutive	400,000	78,000,000	51,000,000	78,000,000

EMPLOYEE_BENEFITS_Details

EMPLOYEE BENEFITS (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Pensions	'	'	'	'
Components of net periodic benefit cost:	'	'	'	'
Service cost	$83	$53	$195	$155
Interest cost	60	57	173	174
Expected return on assets	-68	-65	-207	-195
Amortization of prior service (credit) cost	-9	-9	-27	-28
Amortization of net (gain) loss	43	32	115	97
Net periodic benefit cost	109	68	249	203
Contributed to pension plans	'	'	82	'
Estimates additional contribution to pension plans for the remainder of 2013	'	'	18	'
U.S. Pension Plans	'	'	'	'
Components of net periodic benefit cost:	'	'	'	'
Service cost	71	40	159	116
Interest cost	53	49	151	149
Expected return on assets	-64	-60	-193	-180
Amortization of prior service (credit) cost	-8	-8	-25	-25
Amortization of net (gain) loss	40	29	106	87
Net periodic benefit cost	92	50	198	147
Non U.S. Pension Plans	'	'	'	'
Components of net periodic benefit cost:	'	'	'	'
Service cost	12	13	36	39
Interest cost	7	8	22	25
Expected return on assets	-4	-5	-14	-15
Amortization of prior service (credit) cost	-1	-1	-2	-3
Amortization of net (gain) loss	3	3	9	10
Net periodic benefit cost	17	18	51	56
Postretirement Plans	'	'	'	'
Components of net periodic benefit cost:	'	'	'	'
Service cost	2	2	7	6
Interest cost	2	4	7	10
Amortization of prior service (credit) cost	-3	-3	-8	-8
Amortization of net (gain) loss	-1	'	'	'
Other	'	-1	'	-1
Net periodic benefit cost	'	2	6	7
U.S. Postretirement Plans	'	'	'	'
Components of net periodic benefit cost:	'	'	'	'
Service cost	1	1	4	4
Interest cost	2	3	6	8
Amortization of prior service (credit) cost	-3	-3	-8	-8
Amortization of net (gain) loss	-1	'	'	'
Net periodic benefit cost	-1	1	2	4
Non U.S. Postretirement Plans	'	'	'	'
Components of net periodic benefit cost:	'	'	'	'
Service cost	1	1	3	2
Interest cost	'	1	1	2
Other	'	-1	'	-1
Net periodic benefit cost	$1	$1	$4	$3

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Income tax expense (benefit):	'	'	'	'	'
Effective tax rates on income from continuing operations (as a percent)	-84.20%	28.70%	1.70%	15.20%	'
U.S. federal income tax at statutory rate (as a percent)	35.00%	35.00%	35.00%	35.00%	'
Deferred tax asset valuation allowance recognized	($900,000,000)	($200,000,000)	($2,300,000,000)	($1,700,000,000)	'
Deferred tax asset valuation allowance allocated to income from continuing operations	800,000,000	200,000,000	2,100,000,000	1,600,000,000	'
Deferred tax asset valuation allowance allocated to other comprehensive income	100,000,000	'	200,000,000	100,000,000	'
Deferred tax asset valuation allowance recognized related to certain foreign jurisdictions	-300,000,000	'	'	'	'
Deferred tax asset valuation allowance recognized related to certain state, local and foreign jurisdictions	'	'	-500,000,000	'	'
Accounting for Uncertainty in Income Taxes	'	'	'	'	'
Unrecognized tax benefits, excluding interest and penalties	4,600,000,000	'	4,600,000,000	'	4,400,000,000
Unrecognized tax benefits, if recognized would not affect the effective tax rate	10,000,000	'	10,000,000	'	200,000,000
Unrecognized tax benefits, if recognized would favorably affect the effective tax rate	4,600,000,000	'	4,600,000,000	'	4,200,000,000
Unrecognized tax benefits, interest and penalties accrued	890,000,000	'	890,000,000	'	935,000,000
Unrecognized tax benefits, interest net of the federal benefit (expense) and penalties	'	'	($45,000,000)	$181,000,000	'
Unrecognized tax benefits, period of reasonably possible change in balance	'	'	'P12M	'	'

INFORMATION_PROVIDED_IN_CONNEC2

INFORMATION PROVIDED IN CONNECTION WITH OUTSTANDING DEBT (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2012	Dec. 31, 2011
Assets:	'	'	'	'
Short-term investments	$22,457,000,000	$28,808,000,000	'	'
Other investments	335,845,000,000	347,016,000,000	'	'
Total investments	358,302,000,000	375,824,000,000	'	'
Cash	2,058,000,000	1,151,000,000	1,608,000,000	1,474,000,000
Other assets, including deferred income taxes	150,264,000,000	139,693,000,000	'	'
Assets held for sale	30,120,000,000	31,965,000,000	'	'
Total assets	540,744,000,000	548,633,000,000	'	'
Liabilities:	'	'	'	'
Insurance liabilities	273,501,000,000	280,298,000,000	'	'
Other long-term debt	42,231,000,000	48,500,000,000	'	'
Other liabilities, including intercompany balances	100,049,000,000	93,466,000,000	'	'
Liabilities held for sale	25,448,000,000	27,366,000,000	'	'
Total liabilities	441,229,000,000	449,630,000,000	'	'
Redeemable noncontrolling interests (see Note 12)	66,000,000	334,000,000	'	'
Total AIG shareholders' equity	98,793,000,000	98,002,000,000	'	'
Non-redeemable noncontrolling interests	656,000,000	667,000,000	'	'
Total equity	99,449,000,000	98,669,000,000	'	'
Total liabilities and equity	540,744,000,000	548,633,000,000	'	'
AIG (As Guarantor)	'	'	'	'
Assets:	'	'	'	'
Short-term investments	12,612,000,000	14,764,000,000	'	'
Other investments	7,361,000,000	3,902,000,000	'	'
Total investments	19,973,000,000	18,666,000,000	'	'
Cash	62,000,000	81,000,000	125,000,000	176,000,000
Loans to subsidiaries	31,376,000,000	35,064,000,000	'	'
Investment in consolidated subsidiaries	68,252,000,000	70,781,000,000	'	'
Other assets, including deferred income taxes	26,342,000,000	23,153,000,000	'	'
Total assets	146,005,000,000	147,745,000,000	'	'
Liabilities:	'	'	'	'
Other long-term debt	31,393,000,000	36,366,000,000	'	'
Other liabilities, including intercompany balances	14,908,000,000	12,375,000,000	'	'
Loans from subsidiaries	911,000,000	1,002,000,000	'	'
Total liabilities	47,212,000,000	49,743,000,000	'	'
Total AIG shareholders' equity	98,793,000,000	98,002,000,000	'	'
Total equity	98,793,000,000	98,002,000,000	'	'
Total liabilities and equity	146,005,000,000	147,745,000,000	'	'
Intercompany tax payable	8,600,000,000	6,100,000,000	'	'
Intercompany derivative liabilities	353,000,000	602,000,000	'	'
AIGLH	'	'	'	'
Assets:	'	'	'	'
Cash	5,000,000	73,000,000	'	13,000,000
Investment in consolidated subsidiaries	39,624,000,000	43,891,000,000	'	'
Other assets, including deferred income taxes	97,000,000	150,000,000	'	'
Total assets	39,726,000,000	44,114,000,000	'	'
Liabilities:	'	'	'	'
Other long-term debt	1,352,000,000	1,638,000,000	'	'
Other liabilities, including intercompany balances	114,000,000	261,000,000	'	'
Loans from subsidiaries	268,000,000	472,000,000	'	'
Total liabilities	1,734,000,000	2,371,000,000	'	'
Total AIG shareholders' equity	37,992,000,000	41,743,000,000	'	'
Total equity	37,992,000,000	41,743,000,000	'	'
Total liabilities and equity	39,726,000,000	44,114,000,000	'	'
Intercompany tax receivable	82,000,000	120,000,000	'	'
Other Subsidiaries	'	'	'	'
Assets:	'	'	'	'
Short-term investments	11,741,000,000	18,323,000,000	'	'
Other investments	328,484,000,000	345,706,000,000	'	'
Total investments	340,225,000,000	364,029,000,000	'	'
Cash	1,991,000,000	997,000,000	'	'
Loans to subsidiaries	955,000,000	5,169,000,000	'	'
Investment in consolidated subsidiaries	'	-28,239,000,000	'	'
Other assets, including deferred income taxes	124,712,000,000	121,345,000,000	'	'
Assets held for sale	30,120,000,000	31,965,000,000	'	'
Total assets	498,003,000,000	495,266,000,000	'	'
Liabilities:	'	'	'	'
Insurance liabilities	273,501,000,000	280,533,000,000	'	'
Other long-term debt	9,486,000,000	10,197,000,000	'	'
Other liabilities, including intercompany balances	87,732,000,000	89,976,000,000	'	'
Loans from subsidiaries	31,334,000,000	41,754,000,000	'	'
Liabilities held for sale	25,448,000,000	27,366,000,000	'	'
Total liabilities	427,501,000,000	449,826,000,000	'	'
Redeemable noncontrolling interests (see Note 12)	66,000,000	192,000,000	'	'
Total AIG shareholders' equity	69,780,000,000	44,955,000,000	'	'
Non-redeemable noncontrolling interests	656,000,000	293,000,000	'	'
Total equity	70,436,000,000	45,248,000,000	'	'
Total liabilities and equity	498,003,000,000	495,266,000,000	'	'
Reclassifications and Eliminations	'	'	'	'
Assets:	'	'	'	'
Short-term investments	-1,896,000,000	-4,279,000,000	'	'
Other investments	'	-2,592,000,000	'	'
Total investments	-1,896,000,000	-6,871,000,000	'	'
Loans to subsidiaries	-32,331,000,000	-40,233,000,000	'	'
Investment in consolidated subsidiaries	-107,876,000,000	-86,433,000,000	'	'
Other assets, including deferred income taxes	-887,000,000	-4,955,000,000	'	'
Total assets	-142,990,000,000	-138,492,000,000	'	'
Liabilities:	'	'	'	'
Insurance liabilities	'	-235,000,000	'	'
Other long-term debt	'	299,000,000	'	'
Other liabilities, including intercompany balances	-2,705,000,000	-9,146,000,000	'	'
Loans from subsidiaries	-32,513,000,000	-43,228,000,000	'	'
Total liabilities	-35,218,000,000	-52,310,000,000	'	'
Redeemable noncontrolling interests (see Note 12)	'	142,000,000	'	'
Total AIG shareholders' equity	-107,772,000,000	-86,698,000,000	'	'
Non-redeemable noncontrolling interests	'	374,000,000	'	'
Total equity	-107,772,000,000	-86,324,000,000	'	'
Total liabilities and equity	($142,990,000,000)	($138,492,000,000)	'	'

INFORMATION_PROVIDED_IN_CONNEC3

INFORMATION PROVIDED IN CONNECTION WITH OUTSTANDING DEBT (Details 2) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenues:	'	'	'	'
Change in fair value of ML III	'	$330	'	$2,888
Other income	14,826	16,392	48,029	47,552
Total revenues	14,826	16,722	48,029	50,440
Expenses:	'	'	'	'
Interest expense	516	602	1,628	1,734
Net (gains) losses on extinguishment of debt	81	'	459	9
Other expenses	13,050	13,562	38,784	40,004
Total benefits, claims and expenses	13,647	14,164	40,871	41,747
Income (loss) from continuing operations before income tax expense (benefit)	1,179	2,558	7,158	8,693
Income tax expense (benefit)	-993	734	123	1,324
Income (loss) from continuing operations	2,172	1,824	7,035	7,369
Income (loss) from discontinued operations, net of income taxes	-42	37	84	280
Net income (loss)	2,130	1,861	7,119	7,649
Less: Net income (loss) from continuing operations attributable to noncontrolling interests:	'	'	'	'
Nonvoting, callable, junior and senior preferred interests	'	'	'	208
Other	-40	5	12	45
Total net income (loss) from continuing operations attributable to noncontrolling interests	-40	5	12	253
Net income (loss) attributable to AIG	2,170	1,856	7,107	7,396
AIG (As Guarantor)	'	'	'	'
Revenues:	'	'	'	'
Equity in earnings of consolidated subsidiaries	1,992	1,811	6,257	5,757
Change in fair value of ML III	'	330	'	2,287
Other income	64	373	1,031	1,074
Total revenues	2,056	2,514	7,288	9,118
Expenses:	'	'	'	'
Interest expense	465	550	1,475	1,719
Net (gains) losses on extinguishment of debt	81	'	388	9
Other expenses	668	173	1,261	1,278
Total benefits, claims and expenses	1,214	723	3,124	3,006
Income (loss) from continuing operations before income tax expense (benefit)	842	1,791	4,164	6,112
Income tax expense (benefit)	-1,328	-65	-2,946	-1,284
Income (loss) from continuing operations	2,170	1,856	7,110	7,396
Income (loss) from discontinued operations, net of income taxes	'	'	-3	'
Net income (loss)	2,170	1,856	7,107	7,396
Less: Net income (loss) from continuing operations attributable to noncontrolling interests:	'	'	'	'
Net income (loss) attributable to AIG	2,170	1,856	7,107	7,396
AIGLH	'	'	'	'
Revenues:	'	'	'	'
Equity in earnings of consolidated subsidiaries	1,368	1,580	2,792	1,716
Other income	1	'	1	49
Total revenues	1,369	1,580	2,793	1,765
Expenses:	'	'	'	'
Interest expense	29	38	97	136
Other expenses	3	'	74	'
Total benefits, claims and expenses	32	38	171	136
Income (loss) from continuing operations before income tax expense (benefit)	1,337	1,542	2,622	1,629
Income tax expense (benefit)	-13	117	-27	580
Income (loss) from continuing operations	1,350	1,425	2,649	1,049
Net income (loss)	1,350	1,425	2,649	1,049
Less: Net income (loss) from continuing operations attributable to noncontrolling interests:	'	'	'	'
Net income (loss) attributable to AIG	1,350	1,425	2,649	1,049
Other Subsidiaries	'	'	'	'
Revenues:	'	'	'	'
Change in fair value of ML III	'	'	'	601
Other income	14,866	16,080	47,255	46,759
Total revenues	14,866	16,080	47,255	47,360
Expenses:	'	'	'	'
Interest expense	59	74	177	207
Net (gains) losses on extinguishment of debt	'	'	71	'
Other expenses	12,410	13,389	37,537	38,726
Total benefits, claims and expenses	12,469	13,463	37,785	38,933
Income (loss) from continuing operations before income tax expense (benefit)	2,397	2,617	9,470	8,427
Income tax expense (benefit)	361	682	3,113	2,028
Income (loss) from continuing operations	2,036	1,935	6,357	6,399
Income (loss) from discontinued operations, net of income taxes	-42	37	87	280
Net income (loss)	1,994	1,972	6,444	6,679
Less: Net income (loss) from continuing operations attributable to noncontrolling interests:	'	'	'	'
Other	'	5	'	45
Total net income (loss) from continuing operations attributable to noncontrolling interests	-40	5	12	45
Net income (loss) attributable to AIG	2,034	1,967	6,432	6,634
Reclassifications and Eliminations	'	'	'	'
Revenues:	'	'	'	'
Equity in earnings of consolidated subsidiaries	-3,360	-3,391	-9,049	-7,473
Other income	-105	-61	-258	-330
Total revenues	-3,465	-3,452	-9,307	-7,803
Expenses:	'	'	'	'
Interest expense	-37	-60	-121	-328
Other expenses	-31	'	-88	'
Total benefits, claims and expenses	-68	-60	-209	-328
Income (loss) from continuing operations before income tax expense (benefit)	-3,397	-3,392	-9,098	-7,475
Income tax expense (benefit)	-13	'	-17	'
Income (loss) from continuing operations	-3,384	-3,392	-9,081	-7,475
Net income (loss)	-3,384	-3,392	-9,081	-7,475
Less: Net income (loss) from continuing operations attributable to noncontrolling interests:	'	'	'	'
Nonvoting, callable, junior and senior preferred interests	'	'	'	208
Total net income (loss) from continuing operations attributable to noncontrolling interests	'	'	'	208
Net income (loss) attributable to AIG	($3,384)	($3,392)	($9,081)	($7,683)

INFORMATION_PROVIDED_IN_CONNEC4

INFORMATION PROVIDED IN CONNECTION WITH OUTSTANDING DEBT (Details 3) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
CONDENSED FINANCIAL STATEMENTS	'	'	'	'
Net income (loss)	$2,130	$1,861	$7,119	$7,649
Other comprehensive income (loss)	-532	3,099	-6,088	5,734
Comprehensive income (loss)	1,598	4,960	1,031	13,383
Total comprehensive income (loss) attributable to noncontrolling interests	-42	8	-11	253
Comprehensive income (loss) attributable to AIG	1,640	4,952	1,042	13,130
AIG (As Guarantor)	'	'	'	'
CONDENSED FINANCIAL STATEMENTS	'	'	'	'
Net income (loss)	2,170	1,856	7,107	7,396
Other comprehensive income (loss)	-530	3,096	-6,065	5,734
Comprehensive income (loss)	1,640	4,952	1,042	13,130
Comprehensive income (loss) attributable to AIG	1,640	4,952	1,042	13,130
AIGLH	'	'	'	'
CONDENSED FINANCIAL STATEMENTS	'	'	'	'
Net income (loss)	1,350	1,425	2,649	1,049
Other comprehensive income (loss)	-299	1,995	-4,289	3,754
Comprehensive income (loss)	1,051	3,420	-1,640	4,803
Comprehensive income (loss) attributable to AIG	1,051	3,420	-1,640	4,803
Other Subsidiaries	'	'	'	'
CONDENSED FINANCIAL STATEMENTS	'	'	'	'
Net income (loss)	1,994	1,972	6,444	6,679
Other comprehensive income (loss)	-498	3,096	-6,125	6,791
Comprehensive income (loss)	1,496	5,068	319	13,470
Total comprehensive income (loss) attributable to noncontrolling interests	-42	8	-11	45
Comprehensive income (loss) attributable to AIG	1,538	5,060	330	13,425
Reclassifications and Eliminations	'	'	'	'
CONDENSED FINANCIAL STATEMENTS	'	'	'	'
Net income (loss)	-3,384	-3,392	-9,081	-7,475
Other comprehensive income (loss)	795	-5,088	10,391	-10,545
Comprehensive income (loss)	-2,589	-8,480	1,310	-18,020
Total comprehensive income (loss) attributable to noncontrolling interests	'	'	'	208
Comprehensive income (loss) attributable to AIG	($2,589)	($8,480)	$1,310	($18,228)

INFORMATION_PROVIDED_IN_CONNEC5

INFORMATION PROVIDED IN CONNECTION WITH OUTSTANDING DEBT (Details 4) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
CONDENSED FINANCIAL STATEMENTS	'	'
Net cash (used in) provided by operating activities - continuing operations	$1,924	$590
Net cash provided by (used in) operating activities - discontinued operations	2,024	2,249
Net cash provided by (used in) operating activities	3,948	2,839
Cash flows from investing activities:	'	'
Sales of investments	58,672	74,937
Purchase of investments	-59,213	-56,048
Net change in restricted cash	977	651
Net change in short-term investments	6,801	1,800
Other, net	-869	-177
Net cash provided by (used in) investing activities - continuing operations	6,368	21,163
Net cash provided by (used in) investing activities - discontinued operations	150	-2,005
Net cash provided by (used in) investing activities	6,518	19,158
Cash flows from financing activities:	'	'
Issuance of long-term debt	1,742	4,504
Repayments of long-term debt	-7,381	-6,171
Purchase of Common Stock	-192	-13,000
Cash dividends paid	-147	'
Other, net	-1,328	-6,915
Net cash provided by (used in) financing activities - continuing operations	-7,306	-21,582
Net cash provided by (used in) financing activities - discontinued operations	-2,166	-272
Net cash provided by (used in) financing activities	-9,472	-21,854
Effect of exchange rate changes on cash	-79	-9
Net increase (decrease) in cash	915	134
Cash at beginning of year	1,151	1,474
Reclassification to assets held for sale	-8	'
Cash at end of period	2,058	1,608
Interest:	'	'
Third party	-2,951	-3,056
Taxes:	'	'
Income tax authorities	-378	-403
AIG	'	'
CONDENSED FINANCIAL STATEMENTS	'	'
Net cash (used in) provided by operating activities - continuing operations	3,078	1,275
Net cash provided by (used in) operating activities	3,078	1,275
Cash flows from investing activities:	'	'
Sales of investments	1,065	9,806
Purchase of investments	-4,981	-4,339
Loans to subsidiaries - net	3,491	1,730
Contributions to subsidiaries - net	-240	954
Net change in restricted cash	428	-381
Net change in short-term investments	2,552	4,881
Other, net	194	252
Net cash provided by (used in) investing activities - continuing operations	2,509	12,903
Net cash provided by (used in) investing activities	2,509	12,903
Cash flows from financing activities:	'	'
Issuance of long-term debt	1,020	3,754
Repayments of long-term debt	-5,866	-2,995
Purchase of Common Stock	-192	-13,000
Intercompany loans - net	-89	-1,944
Cash dividends paid	-147	'
Other, net	-332	-44
Net cash provided by (used in) financing activities - continuing operations	-5,606	-14,229
Net cash provided by (used in) financing activities	-5,606	-14,229
Net increase (decrease) in cash	-19	-51
Cash at beginning of year	81	176
Cash at end of period	62	125
Interest:	'	'
Third party	-1,473	-1,535
Intercompany	-9	-129
Taxes:	'	'
Income tax authorities	-160	-6
Intercompany	1,116	884
Non-cash financing and investing activities:	'	'
Capital contributions in the form of bond available for sale securities	'	959
Capital contributions to subsidiaries through forgiveness of loans	341	'
Return of capital and dividend received in the form of cancellation of intercompany loan	'	9,303
Return of capital and dividend received in the form of bond trading securities	'	3,320
Other capital contributions - net	523	339
AIGLH	'	'
CONDENSED FINANCIAL STATEMENTS	'	'
Net cash (used in) provided by operating activities - continuing operations	3,082	2,243
Net cash provided by (used in) operating activities	3,082	2,243
Cash flows from investing activities:	'	'
Contributions to subsidiaries - net	-1	'
Net cash provided by (used in) investing activities - continuing operations	-1	'
Net cash provided by (used in) investing activities	-1	'
Cash flows from financing activities:	'	'
Repayments of long-term debt	-245	'
Intercompany loans - net	-205	-2,256
Cash dividends paid	-2,699	'
Net cash provided by (used in) financing activities - continuing operations	-3,149	-2,256
Net cash provided by (used in) financing activities	-3,149	-2,256
Net increase (decrease) in cash	-68	-13
Cash at beginning of year	73	13
Cash at end of period	5	'
Interest:	'	'
Third party	-98	-109
Intercompany	-21	-49
Taxes:	'	'
Intercompany	-78	-41
Other Subsidiaries and Eliminations	'	'
CONDENSED FINANCIAL STATEMENTS	'	'
Net cash (used in) provided by operating activities - continuing operations	-4,236	-2,928
Net cash provided by (used in) operating activities - discontinued operations	2,024	2,249
Net cash provided by (used in) operating activities	-2,212	-679
Cash flows from investing activities:	'	'
Sales of investments	57,607	65,131
Purchase of investments	-54,232	-51,709
Loans to subsidiaries - net	-3,491	-1,730
Contributions to subsidiaries - net	241	-954
Net change in restricted cash	549	1,032
Net change in short-term investments	4,249	-3,081
Other, net	-1,063	-429
Net cash provided by (used in) investing activities - continuing operations	3,860	8,260
Net cash provided by (used in) investing activities - discontinued operations	150	-2,005
Net cash provided by (used in) investing activities	4,010	6,255
Cash flows from financing activities:	'	'
Issuance of long-term debt	722	750
Repayments of long-term debt	-1,270	-3,176
Intercompany loans - net	294	4,200
Cash dividends paid	2,699	'
Other, net	-996	-6,871
Net cash provided by (used in) financing activities - continuing operations	1,449	-5,097
Net cash provided by (used in) financing activities - discontinued operations	-2,166	-272
Net cash provided by (used in) financing activities	-717	-5,369
Effect of exchange rate changes on cash	-79	-9
Net increase (decrease) in cash	1,002	198
Cash at beginning of year	997	1,285
Reclassification to assets held for sale	-8	'
Cash at end of period	1,991	1,483
Interest:	'	'
Third party	-1,380	-1,412
Intercompany	30	178
Taxes:	'	'
Income tax authorities	-218	-397
Intercompany	($1,038)	($843)

SUBSEQUENT_EVENTS_Details

SUBSEQUENT EVENTS (Details) (USD $)	3 Months Ended	9 Months Ended	0 Months Ended
In Billions, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2013	Oct. 31, 2013	Oct. 02, 2013
			Subsequent event	Subsequent event
				Senior notes due 2024
Subsequent events	'	'	'	'
Aggregate principal amount of debt issued	'	'	'	$1
Interest rate (as a percent)	'	'	'	4.13%
Cash dividend declared on common stock (in dollars per share)	$0.10	$0.10	$0.10	'