AIG 2008 Annual Report Download - page 59

Debt
Total debt was as follows:
2008 2007
At December 31,
(In millions)
Debt issued by AIG:
Fed Facility (secured) ............................................... $ 40,431 $—
Notes and bonds payable ............................................ 11,756 14,588
Junior subordinated debt ............................................. 11,685 5,809
Junior subordinated debt attributable to equity units ........................ 5,880 —
Loans and mortgages payable ......................................... 416 729
MIP matched notes and bonds payable .................................. 14,446 14,267
AIGFP matched notes and bonds payable ................................ 4,660 874
Total AIG debt.................................................... 89,274 36,267
Debt guaranteed by AIG:
AIGFP(a)
Commercial paper(b) ............................................... 6,802 —
GIAs ........................................................... 13,860 19,908
Notes and bonds payable ............................................ 5,250 36,676
Loans and mortgages payable ......................................... 2,175 1,384
Hybrid financial instrument liabilities(c) ................................. 2,113 7,479
Total AIGFP debt.................................................. 30,200 65,447
AIG Funding commercial paper(b) ....................................... 6,856 4,222
AIGLH notes and bonds payable ........................................ 798 797
Liabilities connected to trust preferred stock ................................ 1,415 1,435
Total debt issued or guaranteed by AIG ................................... 128,543 108,168
Debt not guaranteed by AIG:
ILFC
Commercial paper(b) ............................................... 1,748 4,483
Junior subordinated debt ............................................. 999 999
Notes and bonds payable(d) .......................................... 30,047 25,737
Total ILFC debt ................................................... 32,794 31,219
AGF
Commercial paper and extendible commercial notes ........................ 188 3,801
Junior subordinated debt ............................................. 349 349
Notes and bonds payable ............................................ 23,089 22,369
Total AGF debt ................................................... 23,626 26,519
AIGCFG
Commercial paper ................................................. 124 287
Loans and mortgages payable ......................................... 1,596 1,839
Total AIGCFG debt ................................................ 1,720 2,126
Other subsidiaries ................................................... 670 775
Debt of consolidated investments held through:
AIG 2008 Form 10-K 53
American International Group, Inc., and Subsidiaries