AIG 2010 Annual Report Download - page 218

American International Group, Inc., and Subsidiaries
Consolidated Statement of Equity
Payments Retained Accumulated Total AIG
Additional Advanced Earnings/ Other Share- Non-
Preferred Common Treasury Paid-in to Purchase (Accumulated Comprehensive holders’ controlling Total
(in millions) Stock Stock Stock Capital Shares Deficit) Income (Loss) Equity Interests Equity
Balance, January 1, 2008 $ - $ 344 $(6,685) $ 9,382 $ (912) $ 89,029 $ 4,643 $ 95,801 $ 8,472 $104,273
Consideration received for
Series C preferred stock not
yet issued - - - 23,000 - - - 23,000 - 23,000
Series D issuance 40,000 - - - - - - 40,000 - 40,000
Common stock issued - 24 - 7,319 - - - 7,343 - 7,343
Common stock issued under
stock plans - - 146 (120) - - - 26 - 26
Shares purchased - - (1,912) - 1,912 - - - - -
Present value of future contract
adjustment payments related to
issuance of equity units - - - (431) - - - (431) - (431)
Payments advanced - - - - (1,000) - - (1,000) - (1,000)
Cumulative effect of change in
accounting principle, net of tax - - - - - (1,003) - (1,003) - (1,003)
Net loss attributable to AIG or
other noncontrolling interests(a) - - - - - (99,289) - (99,289) (574) (99,863)
Dividends - - - - - (1,105) - (1,105) - (1,105)
Other comprehensive loss - - - - - - (10,971) (10,971) (271) (11,242)
Net decrease due to
deconsolidation - - - - - - - - (648) (648)
Contributions from
noncontrolling interests - - - - - - - - 1,651 1,651
Distributions to noncontrolling
interests - - - - - - - - (738) (738)
Other - - 1 338 - - - 339 203 542
Balance, December 31, 2008 $40,000 $ 368 $(8,450) $ 39,488 $ - $(12,368) $ (6,328) $ 52,710 $ 8,095 $ 60,805
Series C issuance 23,000 - - (23,000) - - - - - -
Series D exchange for Series E 1,605 - - (1,605) - - - - - -
Series F drawdowns 5,344 - - - - - - 5,344 - 5,344
Series F commitment fee (165) - - - - - - (165) - (165)
Common stock issued under
stock plans - 1 176 (177) - - - - - -
Retirement of treasury stock - (15) 7,400 (7,385) - - - - - -
Cumulative effect of change in
accounting principle, net of tax - - - - - 11,826 (9,348) 2,478 - 2,478
Net loss attributable to AIG or
other noncontrolling interests(a) - - - - - (10,949) - (10,949) (1,784) (12,733)
Other comprehensive income - - - - - - 21,369 21,369 388 21,757
Net decrease due to
deconsolidation - - - (97) - - - (97) (3,405) (3,502)
Contributions from
noncontrolling interests - - - - - - - - 677 677
Distributions to noncontrolling
interests - - - - - - - - (368) (368)
Issuance of noncontrolling,
nonvoting, callable, junior and
senior preferred interests to
the Federal Reserve Bank of
New York - - - - - - - - 24,400 24,400
Net income (loss) attributable to
noncontrolling nonvoting,
callable, junior and senior
preferred interests held by the
Federal Reserve Bank of
New York - - - - - - - - 140 140
Deferred taxes - - - (818) - - - (818) - (818)
Other - - - (48) - - - (48) 109 61
Balance, December 31, 2009 $69,784 $ 354 $ (874) $ 6,358 $ - $(11,491) $ 5,693 $ 69,824 $ 28,252 $ 98,076
202 AIG 2010 Form 10-K