AIG 2009 Annual Report Download - page 62

American International Group, Inc., and Subsidiaries
Debt
The following table presents AIG’s total debt outstanding:
December 31, December 31,
(in millions) 2009 2008
Debt issued by AIG:
FRBNY Credit Facility (secured) $ 23,435 $ 40,431
Notes and bonds payable 10,419 11,756
Junior subordinated debt 12,001 11,685
Junior subordinated debt attributable to equity units 5,880 5,880
Loans and mortgages payable 438 416
MIP matched notes and bonds payable 13,371 14,446
Series AIGFP matched notes and bonds payable 3,913 4,660
Total AIG debt 69,457 89,274
Debt guaranteed by AIG:
AIGFP, at fair value
Commercial paper and other short-term debt(a) 2,742 6,802
GIAs 8,257 13,860
Notes and bonds payable 2,029 5,250
Loans and mortgages payable 1,022 2,175
Hybrid financial instrument liabilities 1,887 2,113
Total AIGFP debt 15,937 30,200
AIG Funding commercial paper(a) 1,997 6,856
AIGLH notes and bonds payable 798 798
Liabilities connected to trust preferred stock 1,339 1,415
Total debt issued or guaranteed by AIG 89,528 128,543
Debt not guaranteed by AIG:
ILFC
Commercial paper and other short-term debt(a) —1,748
Junior subordinated debt 999 999
Notes and bonds payable, ECA Facilities, bank financings and other secured financings(b) 25,174 30,047
Total ILFC debt 26,173 32,794
AGF
Commercial paper and other short-term debt —188
Junior subordinated debt 349 349
Notes and bonds payable 19,770 23,089
Total AGF debt 20,119 23,626
AIGCFG
Commercial paper and other short-term debt —124
Loans and mortgages payable 216 1,596
Total AIGCFG debt 216 1,720
Other subsidiaries 295 670
Debt of consolidated investments held through:
AIG Investments 532 1,300
AIG Global Real Estate Investment 4,412 4,545
ALICO 90 —
SunAmerica 107 5
Total debt of consolidated investments 5,141 5,850
Total debt not guaranteed by AIG 51,944 64,660
Total debt:
Total commercial paper and other short-term debt —613
Federal Reserve Bank of New York commercial paper funding facility 4,739 15,105
Total long-term debt 136,733 177,485
Total debt $ 141,472 $ 193,203
AIG 2009 Form 10-K 54