AIG 2013 Annual Report Download - page 244

The following table presents AIG’s year-end identifiable assets and capital expenditures by reportable
segment:
AIG Property Casualty
Commercial Insurance $ (a) $(a)
Consumer Insurance (a) (a)
Other (a) (a)
Total AIG Property Casualty $ 178,726 $ 321
AIG Life and Retirement
Retail 157,855 45
Institutional 124,588 15
Consolidation and Elimination (6,769) –
Total AIG Life and Retirement $ 275,674 $ 60
Other Operations
Mortgage Guaranty 5,270 11
Global Capital Markets 7,050 –
Direct Investment book 28,528 –
Corporate & Other 91,772 680
Aircraft Leasing(b) 39,812 1,779
Consolidation and Elimination 23,431 –
Total Other Operations $ 195,863 $ 2,470
AIG Consolidation and Elimination (101,630) –
Total Assets $ 548,633 $ 2,851
(a) AIG Property Casualty manages its assets on an aggregate basis and does not allocate its assets, other than goodwill, between its operating
segments.
(b) 2013 and 2012 include Aircraft Leasing assets classified as assets held-for-sale on the Consolidated Balance Sheets.
The following table presents AIG’s consolidated operations and long-lived assets by major geographic area:
U.S. $ 47,354 $ 41,082 $ 1,391 $ 1,330
Asia Pacific 9,429 8,119 516 591
Other Foreign 14,238 15,904 306 386
Consolidated $ 71,021 $ 65,105 $ 2,213 $ 2,307
* Revenues are generally reported according to the geographic location of the reporting unit.
We report a business as held for sale when management has approved or received approval to sell the business
and is committed to a formal plan, the business is available for immediate sale, the business is being actively
marketed, the sale is anticipated to occur during the next 12 months and certain other specified criteria are met. A
business classified as held for sale is recorded at the lower of its carrying amount or estimated fair value less cost to
sell. If the carrying amount of the business exceeds its estimated fair value, a loss is recognized. Depreciation and
amortization expense is not recorded on assets of a business after it is classified as held for sale. Assets and
liabilities related to a business classified as held for sale are segregated in the Consolidated Balance Sheets in the
period in which the business is classified as held for sale.
4. HELD-FOR-SALE CLASSIFICATION, DIVESTED BUSINESSES AND DISCONTINUED OPERATIONS
Held-For-Sale Classification
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AIG 2013 Form 10-K226
ITEM 8 / NOTE 3. SEGMENT INFORMATION
Year-End Identifiable Assets Capital Expenditures
(in millions) 2013 2012 2013 2012
$(a) $(a)
(a) (a)
(a) (a)
$ 167,874 $ 349
161,098 35
123,952 27
(1,593) –
$ 283,457 $ 62
4,361 25
6,406 –
23,541 –
88,270 413
39,313 1,883
33,992 –
$ 195,883 $ 2,321
(105,885) –
$ 541,329 $ 2,732
Real Estate and Other Fixed Assets,
Total Revenues*Net of Accumulated Depreciation
(in millions) 2013 2012 2011 2013 2012 2011
$ 46,031 $ 1,606
8,742 448
13,905 261
$ 68,678 $ 2,315
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