AIG 2013 Annual Report Download - page 258

The following table presents the gross components of purchases, sales, issues and settlements, net, shown
above:
December 31, 2013
Assets:
Bonds available for sale:
Obligations of states, municipalities and political
subdivisions
Non-U.S. governments
Corporate debt
RMBS
CMBS
CDO/ABS
Total bonds available for sale
Other bond securities:
RMBS
CMBS
CDO/ABS
Total other bond securities
Equity securities available for sale
Other invested assets
Total assets
Liabilities:
Policyholder contract deposits
Derivative liabilities, net
Long-term debt(c)
Total liabilities
December 31, 2012
Assets:
Bonds available for sale:
Obligations of states, municipalities and political
subdivisions $ 477 $ (219) $ (174) $ 84
Non-U.S. governments 5 (3) (1) 1
Corporate debt 283 (75) (184) 24
RMBS 2,308 (723) (1,901) (316)
CMBS 1,137 (318) (183) 636
CDO/ABS 1,120 (4) (1,106) 10
Total bonds available for sale 5,330 (1,342) (3,549) 439
Other bond securities:
Corporate debt – – (7) (7)
RMBS – (45) (64) (109)
CMBS 225 (106) (278) (159)
CDO/ABS(b) 7,382 (21) (11,329) (3,968)
Total other bond securities 7,607 (172) (11,678) (4,243)
Equity securities available for sale 67 (56) (80) (69)
Mortgage and other loans receivable – – (1) (1)
Other invested assets 900 (100) (1,057) (257)
Total assets $ 13,904 $ (1,670) $ (16,365) $ (4,131)
Liabilities:
Policyholder contract deposits $ – $ (25) $ 33 $ 8
Derivative liabilities, net 11 (2) 612 621
Long-term debt(c) – – 242 242
Total liabilities $ 11 $ (27) $ 887 $ 871
(a) There were no issuances during year ended December 31, 2013 and 2012.
(b) Includes $7.1 billion of securities purchased through the FRBNY’s auction of ML III assets.
(c) Includes GIAs, notes, bonds, loans and mortgages payable.
..................................................................................................................................................................................................................................
AIG 2013 Form 10-K240
ITEM 8 / NOTE 5. FAIR VALUE MEASUREMENTS
Purchases,
Sales, Issues and
(in millions) Purchases Sales Settlements Settlements, Net(a)
$ 541 $ (138) $ – $ 403
9– (6) 3
487 (114) (549) (176)
4,424 (266) (2,340) 1,818
1,023 (188) (460) 375
2,662 (159) (557) 1,946
9,146 (865) (3,912) 4,369
350 (12) (130) 208
24 (71) (153) (200)
353 (72) (2,325) (2,044)
727 (155) (2,608) (2,036)
58 (12) (115) (69)
882 (9) (809) 64
$ 10,813 $ (1,041) $ (7,444) $ 2,328
$ – $ (26) $ 228 $ 202
10 (1) (738) (729)
– – 38 38
$ 10 $ (27) $ (472) $ (489)
..................................................................................................................................................................................