AIG 2007 Annual Report Download - page 184

American International Group, Inc. and Subsidiaries
Consolidated Balance Sheet
December 31,
(in millions) 2007 2006
Assets:
Investments and financial services assets:
Fixed maturities:
Bonds available for sale, at fair value (amortized cost: 2007 — $393,170; 2006 — $377,163) $ 397,372 $386,869
Bonds held to maturity, at amortized cost (fair value: 2007 — $22,157; 2006 — $22,154) 21,581 21,437
Bond trading securities, at fair value (includes hybrid financial instruments: 2007 — $555;
2006 — $522) 9,982 10,836
Equity securities:
Common stocks available for sale, at fair value (cost: 2007 — $12,588; 2006 — $10,662) 17,900 13,256
Common and preferred stocks trading, at fair value 21,376 14,855
Preferred stocks available for sale, at fair value (cost: 2007 — $2,600; 2006 — $2,485) 2,370 2,539
Mortgage and other loans receivable, net of allowance (2007 — $77; 2006 — $64) (includes loans
held for sale: 2007 — $399) 33,727 28,418
Financial services assets:
Flight equipment primarily under operating leases, net of accumulated depreciation (2007 —
$10,499; 2006 — $8,835) 41,984 39,875
Securities available for sale, at fair value (cost: 2007 — $40,157; 2006 — $45,912) 40,305 47,205
Trading securities, at fair value 4,197 5,031
Spot commodities 238 220
Unrealized gain on swaps, options and forward transactions 16,442 19,252
Trade receivables 6,467 4,317
Securities purchased under agreements to resell, at contract value 20,950 30,291
Finance receivables, net of allowance (2007 — $878; 2006 — $737) (includes finance receivables
held for sale: 2007 — $233; 2006 — $1,124) 31,234 29,573
Securities lending invested collateral, at fair value (cost: 2007 — $80,641; 2006 — $69,306) 75,662 69,306
Other invested assets 58,823 42,111
Short-term investments, at cost (approximates fair value) 51,351 27,483
Total investments and financial services assets 851,961 792,874
Cash 2,284 1,590
Investment income due and accrued 6,587 6,091
Premiums and insurance balances receivable, net of allowance (2007 — $662; 2006 — $756) 18,395 17,789
Reinsurance assets, net of allowance (2007 — $520; 2006 — $536) 23,103 23,355
Deferred policy acquisition costs 43,150 37,235
Investments in partially owned companies 654 1,101
Real estate and other fixed assets, net of accumulated depreciation (2007 — $5,446; 2006 — $4,940) 5,518 4,381
Separate and variable accounts 78,684 70,277
Goodwill 9,414 8,628
Other assets 20,755 16,089
Total assets $1,060,505 $979,410
See Accompanying Notes to Consolidated Financial Statements.
130 AIG 2007 Form 10-K