AIG 2014 Annual Report Download - page 358

341
Summary of Investments — Other than Investments in Related Parties
Schedule I
Amount at
At December 31, 2014 which shown in
(in millions) Cost* Fair Value the Balance Sheet
Fixed maturities:
U.S. government and government sponsored entities $ 8,304 $ 8,490 $8,490
Obligations of states, municipalities and political subdivisions 26,101 27,781 27,781
Non-U.S. governments 20,282 21,097 21,097
Public utilities 21,712 23,676 23,676
All other corporate debt securities 113,968 121,476 121,476
Mortgage-backed, asset-backed and collateralized 72,652 77,051 77,051
Total fixed maturity securities 263,019 279,571 279,571
Equity securities and mutual funds:
Common stock:
Public utilities 9 11 11
Banks, trust and insurance companies 1,854 4,128 4,128
Industrial, miscellaneous and all other 371 539 539
Total common stock 2,234 4,678 4,678
Preferred stock 21 25 25
Mutual funds 724 741 741
Total equity securities and mutual funds 2,979 5,444 5,444
Mortgage and other loans receivable, net of allowance 24,990 26,606 24,990
Other invested assets 32,615 33,640 34,518
Short-term investments, at cost (approximates fair value) 11,243 11,243 11,243
Derivative assets 1,604 1,604 1,604
Total investments $336,450 $ 358,108 $357,370
* Original cost of equity securities and fixed maturities is reduced by other-than-temporary impairment charges, and, as to fixed maturity securities, reduced by
repayments and adjusted for amortization of premiums or accretion of discounts.