AIG 2010 Annual Report Download - page 377

American International Group, Inc., and Subsidiaries
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Restructuring expenses and related asset impairment and other expenses by reportable segment consisted of the
following:
SunAmerica
Financial Financial
(in millions) Chartis Group Services(a) Other(b) Total
Year Ended December 31, 2010
Restructuring expenses $ - $ - $ 30 $ 488 $ 518
Separation expenses 2 10 (11) 55 56
Total $ 2 $ 10 $ 19 $ 543 $ 574
Year Ended December 31, 2009
Restructuring expenses $ 2 $ 33 $138 $ 483 $ 656
Separation expenses 181 60 107 145 493
Total $183 $ 93 $245 $ 628 $1,149
Year Ended December 31, 2008
Restructuring expenses $ - $ 3 $ 66 $ 220 $ 289
Separation expenses 84 55 243 100 482
Total $ 84 $ 58 $309 $ 320 $ 771
Cumulative amounts incurred since inception of restructuring
plan $269 $161 $573 $1,491 $2,494
Total amounts expected to be incurred(c) $269 $170 $638 $1,552 $2,629
(a) Benefit in 2010 relates to returned AIGFP retention awards.
(b) Primarily includes professional fees related to disposition activities and the Recapitalization.
(c) Includes cumulative amounts incurred and future amounts to be incurred that can be reasonably estimated at December 31, 2010.
AIG 2010 Form 10-K 361