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v3.25.0.1

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions | Dec. 31, 2024 | Dec. 31, 2023
--- | --- | ---
Assets: |  |  |
Bonds available for sale, allowance for credit losses |  | $ 38 | $ 34
Bonds available for sale, amortized cost |  | 66,195 | 68,119
Mortgage and other loans receivable, allowance for credit losses |  | 37,800 | 37,776
Other investments |  | 9,828 | 6,368
Short-term investments | [1] | 14,462 | 12,865
Premiums and other receivables, allowance for credit losses and disputes |  | 127 | 138
Reinsurance asset, allowance for credit loss |  | 220 | 206
Deposit accounting assets, allowance for credit loss |  | 49 | 49
Other assets | [1] | 4,735 | 5,425
Liabilities: |  |  |
Liability for unpaid losses and loss adjustment expenses, allowance for credit losses |  | 14 | 14
Fortitude Re funds withheld payable, portion measured at fair value |  | $ (3,207) | $ (3,527)
AIG shareholders’ equity: |  |  |
Preferred stock, par value (in dollars per share) |  | $ 5.00 | $ 5.00
Preferred stock, shares authorized (in shares) |  | 100,000,000 | 100,000,000
Preferred stock, shares issued (in shares) |  | 0 | 20,000
Preferred stock liquidation preference |  | $ 500 | $ 500
Common stock, par value (in dollars per share) |  | $ 2.50 | $ 2.50
Common stock, shares authorized (in shares) |  | 5,000,000,000 | 5,000,000,000
Common stock, shares issued (in shares) |  | 1,906,671,492 | 1,906,671,492
Treasury stock, shares of common stock (in shares) |  | 1,300,512,040 | 1,217,831,721
Fortitude RE |  |  |
Assets: |  |  |
Reinsurance asset, allowance for credit loss |  | $ 0 | $ 0
Excluding Fortitude |  |  |
Assets: |  |  |
Reinsurance asset, allowance for credit loss |  | 220 | 206
Short-term investments, at cost (approximates fair value) |  |  |
Assets: |  |  |
Restricted cash |  | 55 | 1
Other assets |  |  |
Assets: |  |  |
Restricted cash |  | 15 | 32
Recurring Basis |  |  |
Assets: |  |  |
Other investments |  | 7,384 | 4,175
Short-term investments |  | 9,789 | 9,363
Other assets |  | 179 | 374
Liabilities: |  |  |
Fortitude Re funds withheld payable, portion measured at fair value |  | (128) | (148)
Other liabilities |  | $ 251 | $ 482
[1] | See Note 10 for details of balances associated with variable interest entities.

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