For the year ending 2025-12-31, AIG had -$27M decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Effect of exchange rate changes on cash | - | - | -13 | -67 |
| Net income (loss) | 3,097 | -926 | 3,878 | 9,923 |
| (income) loss from discontinued operations | 0 | -3,626 | - | 0 |
| Gain (loss) on sale of securities available for sale and other assets, net | - | - | - | 2,099 |
| Net losses on sales of securities available for sale and other assets | -706 | -637 | -970 | - |
| Net (gain) loss on divestitures and other | 81 | 616 | 643 | 3,044 |
| (gain) loss on extinguishment of debt | 5 | -14 | 37 | -389 |
| Unrealized (gains) losses in earnings - net | 423 | 571 | -1,674 | 1,889 |
| Change in the fair value of market risk benefits in earnings, net | - | - | 348 | - |
| Equity in income from equity method investments, net of dividends or distributions | 0 | 54 | 7 | -3 |
| Depreciation and other amortization | 3,455 | 3,597 | 4,214 | 4,633 |
| Impairments of assets | 322 | 27 | 90 | 46 |
| Insurance reserves | 93 | 341 | 1,593 | 5,127 |
| Change in premiums and insurance balances receivable and payable, net | - | - | - | 655 |
| Premiums and other receivables and payables - net | 1,168 | 571 | -391 | - |
| Reinsurance assets, net | -501 | -727 | -472 | 1,241 |
| Capitalization of deferred policy acquisition costs | 3,438 | 3,519 | 5,419 | 4,906 |
| Current and deferred income taxes - net | 452 | 468 | -1,003 | 1,314 |
| Other, net | 197 | -197 | -418 | 1,322 |
| Total adjustments | 217 | 677 | 2,365 | -3,644 |
| Net cash provided by operating activities - continuing operations | 3,314 | 3,377 | - | - |
| Net cash used in operating activities - discontinued operations | 0 | -104 | - | - |
| Net cash provided by operating activities | 3,314 | 3,273 | 6,243 | 6,279 |
| Available for sale securities | 12,411 | 14,063 | 22,933 | 26,098 |
| Other securities | 546 | 263 | 1,347 | 975 |
| Other invested assets | 4,086 | 6,588 | 2,328 | 6,258 |
| Divestitures, net | 0 | 587 | 3,315 | 4,683 |
| Maturities of fixed maturity securities available for sale | 8,905 | 9,223 | 17,957 | 34,765 |
| Payments received on mortgages and other loan receivables | - | - | - | 8,267 |
| Principal payments received on and sales of mortgage and other loans receivable | 1,304 | 1,007 | 7,429 | - |
| Available for sale securities | 25,373 | 22,990 | 40,466 | 74,204 |
| Other securities | 241 | 267 | 1,581 | 2,034 |
| Other invested assets | 851 | 557 | 2,189 | 3,168 |
| Mortgage and other loans receivable | 261 | 470 | 10,137 | 9,013 |
| Net change in short-term investments | -3,485 | 1,538 | 6,637 | -5,088 |
| Other, net | 821 | 66 | 1,320 | 995 |
| Net cash provided by (used in) investing activities - continuing operations | 3,190 | 5,843 | - | - |
| Net cash used in investing activities - discontinued operations | 0 | -4,171 | - | - |
| Net cash provided by (used in) investing activities | 3,190 | 1,672 | -7,021 | -3,280 |
| Policyholder contract deposits | - | - | 33,015 | 25,424 |
| Policyholder contract withdrawals | - | - | 27,957 | 22,481 |
| Issuance of long-term debt | 1,241 | - | 1,982 | - |
| Issuance of debt-Consolidated Entity Excluding Variable Interest Entities VIE | - | 661 | - | - |
| Issuance of long-term debt-American International Group Debt | - | - | - | 107 |
| Issuance of debt-Variable Interest Entity Primary Beneficiary | - | 0 | 225 | - |
| Issuance of long-term debt-Debt Of Consolidated Investments | - | - | - | 4,338 |
| Repayments of debt | - | - | 2,304 | - |
| Repayments of debt-Consolidated Entity Excluding Variable Interest Entities VIE | 1,099 | 2,047 | - | - |
| Repayments of long-term debt-American International Group Debt | - | - | - | 4,147 |
| Repayments of debt-Variable Interest Entity Primary Beneficiary | 2 | 1 | 606 | - |
| Repayments of long-term debt-Debt Of Consolidated Investments | - | - | - | 4,494 |
| Repayments of delayed draw term loan agreement-Variable Interest Entity Primary Beneficiary | - | - | 1,250 | - |
| Proceeds from issuance of preferred stock and preference stock | - | - | - | 0 |
| Borrowings under delayed draw term loan agreement | - | - | 0 | - |
| Purchase of common stock | 5,836 | 6,652 | 2,961 | 2,592 |
| Redemption of preferred stock | 0 | 485 | - | - |
| Dividends paid on preferred stock | - | - | 29 | 29 |
| Dividends on preferred stock and preferred stock redemption premiums | 0 | 22 | - | - |
| Dividends on common stock | 976 | 1,002 | 997 | 1,083 |
| Other, net | 129 | 605 | 1,664 | 1,222 |
| Net cash used in financing activities - continuing operations | -6,543 | -8,943 | - | - |
| Net cash provided by financing activities - discontinued operations | 0 | 3,880 | - | - |
| Net cash provided by (used in) financing activities | -6,543 | -5,063 | 782 | -3,735 |
| Effect of exchange rate changes on cash and restricted cash | 12 | -83 | -13 | - |
| Net decrease in cash and restricted cash | -27 | -201 | -9 | -803 |
| Cash and cash equivalents at beginning of period | 1,372 | 1,573 | 2,216 | 3,230 |
| Cash and cash equivalents at end of period | 1,345 | 1,372 | 2,204 | 2,427 |
AMERICAN INTERNATIONAL GROUP, INC. (AIG)
AMERICAN INTERNATIONAL GROUP, INC. (AIG)