AIG 2009 Annual Report Download - page 163

American International Group, Inc., and Subsidiaries
Investments
Investments by Segment
The following tables summarize the composition of AIG’s investments by segment:
Domestic Life Foreign Life
Insurance & Insurance &
General Retirement Retirement Financial
(in millions) Insurance Services Services Services Other Total
At December 31, 2009
Fixed maturity securities:
Bonds available for sale, at fair value $ 79,507 $ 116,629 $ 158,190 $ 2,057 $ 9,079 $365,462
Bond trading securities, at fair value - 846 6,227 19,651 4,519 31,243
Securities lending invested collateral, at
fair value - - 277 - - 277
Equity securities:
Common and preferred stock available
for sale, at fair value 2,770 320 5,781 22 629 9,522
Common and preferred stock trading,
at fair value 48 1 7,881 388 - 8,318
Mortgage and other loans receivable, net
of allowance 9 17,728 6,810 428 2,486 27,461
Finance receivables, net of allowance - - - 20,327 - 20,327
Flight equipment primarily under
operating leases, net of accumulated
depreciation - - - 44,091 - 44,091
Other invested assets 11,668 13,141 13,749 213 6,464 45,235
Securities purchased under agreements to
resell, at fair value - - - 2,154 - 2,154
Short-term investments 12,094 17,456 10,652 3,767 3,106 47,075
Total investments 106,096 166,121 209,567 93,098 26,283 601,165
Cash 780 63 1,151 1,847 559 4,400
Total cash and investments $ 106,876 $ 166,184 $ 210,718 $ 94,945 $ 26,842 $605,565
At December 31, 2008
Fixed maturity securities:
Bonds available for sale, at fair value $ 69,106 $ 111,097 $ 158,660 $ 1,971 $ 22,208 $363,042
Bond trading securities, at fair value - 899 5,397 26,848 4,104 37,248
Securities lending invested collateral, at
fair value 790 - 3,054 - - 3,844
Equity securities:
Common and preferred stock available
for sale, at fair value 2,812 280 4,764 8 944 8,808
Common and preferred stock trading,
at fair value 283 351 5,300 737 3 6,674
Mortgage and other loans receivable, net
of allowance 5 19,475 11,089 367 3,751 34,687
Finance receivables, net of allowance - - 5 30,944 - 30,949
Flight equipment primarily under
operating leases, net of accumulated
depreciation - - - 43,395 - 43,395
Other invested assets 11,474 15,637 14,173 1,247 15,108 57,639
Securities purchased under agreements to
resell, at fair value - - - 3,960 - 3,960
Short-term investments 9,253 10,733 17,088 6,238 3,354 46,666
Total investments*93,723 158,472 219,530 115,715 49,472 636,912
Cash 549 77 5,688 1,719 609 8,642
Total cash and investments $ 94,272 $ 158,549 $ 225,218 $ 117,434 $ 50,081 $645,554
* At December 31, 2009, approximately 60 percent and 40 percent of investments were held by domestic and foreign entities, respectively, compared to
approximately 54 percent and 46 percent, respectively, at December 31, 2008.
155 AIG 2009 Form 10-K