AIG 2011 Annual Report Download - page 247

American International Group, Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
The following table presents AIG’s operations by reportable segment:
Reportable Segments Consolidation
Aircraft Other and
(in millions) Chartis SunAmerica Leasing Operations Total Eliminations Consolidated
2011
Total revenues $ 40,702 $ 15,315 $ 4,457 $ 4,079 $ 64,553 $ (316) $ 64,237
Other-than-temporary impairment
charges(a) 274 977 - 29 1,280 - 1,280
Net (gain) loss on sale of properties
and divested businesses ---7474 -74
Interest expense(b) 7 - 1,427 2,490 3,924 (53) 3,871
Depreciation and amortization 6,831 1,062 1,948 42 9,883 - 9,883
Pre-tax income (loss) from
continuing operations 1,698 2,910 (1,005) (4,699) (1,096) 31 (1,065)
Capital expenditures 234 75 604 655 1,568 - 1,568
Year-end identifiable assets 178,959 268,835 39,038 186,002 672,834 (117,061) 555,773
2010
Total revenues $ 37,196 $ 14,747 $ 4,718 $ 21,405 $ 78,066 $ (540) $ 77,526
Other-than-temporary impairment
charges(a) 577 1,958 - 504 3,039 - 3,039
Net (gain) loss on sale of properties
and divested businesses (669) - - (17,098) (17,767) - (17,767)
Interest expense(b) 1 - 1,397 6,881 8,279 (298) 7,981
Depreciation and amortization 7,256 899 2,035 1,130 11,320 - 11,320
Pre-tax income (loss) from
continuing operations (116) 2,712 (729) 15,893 17,760 176 17,936
Capital expenditures 213 57 266 620 1,156 - 1,156
Year-end identifiable assets 172,708 260,947 43,158 315,206 792,019 (108,576) 683,443
2009
Total revenues $ 35,023 $ 11,366 $ 4,992 $ 25,264 $ 76,645 $ (1,198) $ 75,447
Other-than-temporary impairment
charges(a) 903 3,821 - 1,972 6,696 - 6,696
Net (gain) loss on sale of properties
and divested businesses - - - 1,271 1,271 - 1,271
Interest expense(b) - - 1,222 13,305 14,527 (169) 14,358
Depreciation and amortization 7,005 1,140 2,022 1,907 12,074 - 12,074
Pre-tax income (loss) from
continuing operations 164 (1,179) 1,385 (14,193) (13,823) (484) (14,307)
Capital expenditures 191 52 2,587 875 3,705 - 3,705
Year-end identifiable assets 154,733 245,607 45,992 495,054 941,386 (93,801) 847,585
(a) Included in Total revenues presented above.
(b) Interest expense for Other operations in 2010 and 2009 includes amortization of prepaid commitment fee asset of $3.5 billion and $8.4 billion,
respectively.
AIG 2011 Form 10-K 233