AIG 2015 Annual Report Download - page 358

358
Summary of Investments — Other than Investments in Related Parties
Schedule I
Amount at
At December 31, 2015 which shown in
(in millions) Cost(a) Fair Value the Balance Sheet
Fixed maturities:
U.S. government and government sponsored entities $ 5,066 $ 5,212 $5,212
Obligations of states, municipalities and political subdivisions 26,079 27,399 27,399
Non-U.S. governments 17,803 18,245 18,245
Public utilities 17,713 18,646 18,646
All other corporate debt securities 117,835 119,377 119,377
Mortgage-backed, asset-backed and collateralized 73,256 76,148 76,148
Total fixed maturity securities 257,752 265,027 265,027
Equity securities and mutual funds:
Common stock:
Public utilities 5 5 5
Banks, trust and insurance companies 1,493 2,835 2,835
Industrial, miscellaneous and all other 336 482 482
Total common stock 1,834 3,322 3,322
Preferred stock 19 22 22
Mutual funds 447 492 492
Total equity securities and mutual funds 2,300 3,836 3,836
Mortgage and other loans receivable, net of allowance 29,565 30,344 29,565
Other invested assets 29,155 29,067 29,794
Short-term investments, at cost (approximates fair value) 10,132 10,132 10,132
Derivative assets(b) 1,309 1,309 1,309
Total investments $330,213 $ 339,715 $339,663
(a) Original cost of equity securities and fixed maturities is reduced by other-than-temporary impairment charges, and, as to fixed maturity securities, reduced by
repayments and adjusted for amortization of premiums or accretion of discounts.
(b) The balance is reported in Other Assets.