AIG 2014 Annual Report Download - page 338

ITEM 8 / NOTE 25. QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
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The following tables present amounts previously reported and adjusted amounts presented in the above table. See
Note 1 herein for a description of the changes.
Three Months Ended
March 31, 2014 June 30, 2014 September 30, 2014
(dollars in millions, except per share data)
As Previously
Reported
As Currently
Reported
As Previously
Reported
As Currently
Reported
As Previously
Reported
As Currently
Reported
Total revenues $ 16,112 $ 16,163 $ 16,105 $ 16,136 $ 16,654 $ 16,697
Net income* 1,612 1,612 3,036 3,036 2,201 2,201
Three Months Ended
March 31, 2013 June 30, 2013 September 30, 2013 December 31, 2013
(dollars in millions, except per share data)
As Previously
Reported
As Currently
Reported
As Previously
Reported
As Currently
Reported
As Previously
Reported
As Currently
Reported
As Previously
Reported
As Currently
Reported
Total revenues $ 16,962 $ 17,008 $ 18,426 $ 18,485 $ 15,944 $ 15,981 $ 17,346 $ 17,400
Net income* 2,231 2,231 2,758 2,758 2,130 2,130 1,973 1,973
* The changes in the previously and currently reported total revenues did not have an impact on Net income or Earnings (loss) per common share attributable
to AIG common shareholders.
26. 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
American
International Reclassifications
Group, Inc. Other and Consolidated
(in millions) (As Guarantor) AIGLH Subsidiaries Eliminations AIG
December 31, 2014
Assets:
Short-term investments $6,078 $ - $ 6,231 $ (1,066) $11,243
Other investments(a) 11,415 -333,108 -344,523
Total investments 17,493 -339,339 (1,066) 355,766
Cash 26 91 1,641 -1,758
Loans to subsidiaries(b) 31,070 -779 (31,849) -
Investment in consolidated subsidiaries(b) 62,811 35,850 - (98,661) -
Other assets, including deferred income taxes 23,835 2,305 141,826 (9,909) 158,057
Assets held for sale - - - - -
Total assets $135,235 $38,246 $483,585 $ (141,485) $515,581
Liabilities:
Insurance liabilities $ - $ - $ 270,615 $ - $ 270,615
Long-term debt 21,190 820 9,207 -31,217
Other liabilities, including intercompany balances(a)(c) 6,196 2,314 108,189 (10,222) 106,477
Loans from subsidiaries(b) 951 -30,898 (31,849) -
Liabilities held for sale - - - - -
Total liabilities 28,337 3,134 418,909 (42,071) 408,309
Redeemable noncontrolling interests (see Note 18) - - - - -
Total AIG shareholders’ equity 106,898 35,112 64,302 (99,414) 106,898
Non-redeemable noncontrolling interests - - 374 -374
Total equity 106,898 35,112 64,676 (99,414) 107,272
Total liabilities and equity $135,235 $38,246 $483,585 $ (141,485) $515,581