AIG 2014 Annual Report Download - page 360

343
Condensed Financial Information of Re
g
istrant
(
Continued
)
Statements of Income — Parent Com
p
an
y
Onl
y
Schedule II
Years Ended December 31,
(in millions) 2014 2013 2012
Revenues:
Equity in undistributed net income (loss) of consolidated subsidiaries* $ (5,573) $ (2,226) $ (8,740)
Dividend income from consolidated subsidiaries* 15,023 9,864 10,710
Interest income 305 387 358
Change in fair value of ML III - - 2,287
Net realized capital gains 8 169 747
Other income 1,345 931 806
Expenses:
Interest expense 1,507 1,938 2,257
Net loss on extinguishment of debt 2,248 580 9
Other expenses 1,546 1,520 1,602
Income from continuing operations before income tax expense (benefit) 5,807 5,087 2,300
Income tax benefit (1,735) (4,012) (1,137)
Net income 7,542 9,099 3,437
Income (loss) from discontinued operations (13) (14) 1
Net income attributable to AIG Parent Company $ 7,529 $ 9,085 $ 3,438
* Eliminated in consolidation.
See Accompanying Notes to Condensed Financial Information of Registrant.
Condensed Financial Information of Re
g
istrant
(
Continued
)
Statements of Com
p
rehensive Income
—
Parent Com
p
an
y
Schedule II
Years Ended December 31,
(in millions) 2014 2013 2012
Net income $ 7,529 $ 9,085 $ 3,438
Other comprehensive income 4,257 (6,214) 6,093
Total comprehensive income attributable to AIG $ 11,786 $ 2,871 $ 9,531
See accompanying Notes to Condensed Financial Information of Registrant