← AMERICAN INTERNATIONAL GROUP, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $2.9b | $2.7b | $2.7b | $3.1b | |
| Net Income (Loss) Attributable to Parent | ($849.0m) | ($6.1b) | ($6.0m) | $3.3b | ($5.9b) | $9.4b | $10.3b | $3.6b | ($1.4b) | $3.1b | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($849.0m) | ($6.1b) | ($6.0m) | $3.3b | ($6.0b) | $9.4b | $10.2b | $3.6b | ($1.4b) | $3.1b | |
| (Income) loss from discontinued operations | $90.0m | ($4.0m) | $42.0m | ($48.0m) | ($4.0m) | $0 | $1.0m | $0 | $3.6b | $0 | |
| Fixed maturity securities available for sale received in connection with pension risk transfer transactions attributed to discontinued operations | — | — | — | — | $1.1b | $2.3b | $1.1b | $4.3b | $1.3b | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($759.0m) | ($6.1b) | $36.0m | $3.3b | ($6.0b) | $9.4b | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($259.0m) | ($6.1b) | $103.0m | $4.1b | ($5.8b) | $9.9b | $11.3b | $3.9b | $2.7b | $3.1b | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | ($4.1b) | $0 | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($90.0m) | $4.0m | ($42.0m) | $48.0m | $4.0m | $0 | ($1.0m) | $0 | ($3.6b) | $0 | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | $478.0m | $1.0m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($349.0m) | ($6.1b) | $61.0m | $4.2b | ($5.8b) | $9.9b | $11.3b | $3.9b | ($926.0m) | $3.1b | |
| Amortization of Intangible Assets | — | — | $11.0m | $8.0m | $9.0m | $8.0m | — | — | — | — | |
| Amortization of advisor loans | $8.0m | $14.4m | $17.1m | $20.4m | $20.9m | $22.7m | $27.4m | $33.8m | $41.2m | $45.0m | |
| Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Amortization | — | — | — | — | — | $4.6b | $5.0b | $4.8b | $3.4b | $3.4b | |
| Deferred Policy Acquisition Costs, Amortization Expense | $4.5b | $4.3b | $5.4b | $5.2b | $4.2b | $4.6b | ($5.0b) | ($4.8b) | $3.4b | $3.4b | |
| Depreciation and other amortization | $4.1b | $3.9b | $5.4b | $5.0b | $4.1b | $4.6b | $4.8b | $4.2b | $3.6b | $3.5b | |
| Depreciation, Amortization and Accretion, Net | $4.1b | $3.9b | $5.4b | $5.0b | $4.1b | $4.6b | $4.8b | $4.2b | $3.6b | $3.5b | |
| Current and deferred income taxes - net | ($308.0m) | $7.0b | $0 | $912.0m | ($2.4b) | $1.3b | $2.3b | ($1.0b) | $468.0m | $452.0m | |
| Deferred Income Tax Expense (Benefit) | ($391.0m) | $6.9b | ($182.0m) | $621.0m | ($1.7b) | $2.2b | — | — | — | — | |
| Deferred tax | $10.0m | $18.3m | $6.1m | ($6.7m) | ($13.2m) | ($37.5m) | ($26.0m) | ($9.9m) | ($30.5m) | ($16.0m) | |
| Asset Impairment Charge | — | — | — | — | — | — | $2.0m | $21.0m | $27.0m | $322.0m | |
| Impairments of assets | $1.1b | $685.0m | $425.0m | $299.0m | $98.0m | $46.0m | $26.0m | $90.0m | $27.0m | $322.0m | |
| Restructuring Costs and Asset Impairment Charges | $1.1b | $685.0m | $425.0m | $299.0m | $98.0m | $46.0m | — | — | — | — | |
| Share-based Payment Arrangement, Expense | $237.0m | $353.0m | $337.0m | $314.0m | $274.0m | $278.0m | $288.0m | $199.0m | $211.0m | $207.0m | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($67.0m) | ($15.0m) | ($54.0m) | $0 | |
| Equity in income from equity method investments, net of dividends or distributions | ($54.0m) | ($401.0m) | $363.0m | $260.0m | $246.0m | $3.0m | ($164.0m) | ($7.0m) | ($54.0m) | $0 | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $104.0m | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | ($74.0m) | $5.0m | ($7.0m) | ($32.0m) | ($12.0m) | ($389.0m) | ($303.0m) | $37.0m | ($14.0m) | $5.0m | |
| Income Tax Expense (Benefit) | $185.0m | $7.5b | $154.0m | $1.2b | ($1.5b) | $2.2b | $3.0b | ($20.0m) | $1.2b | $782.0m | |
| Net (gain) loss on divestitures and other | ($545.0m) | ($68.0m) | ($38.0m) | $75.0m | $8.5b | ($3.0b) | $82.0m | ($643.0m) | ($616.0m) | ($81.0m) | |
| Operating Lease, Expense | — | — | — | $232.0m | $258.0m | $237.0m | $190.0m | $177.0m | $164.0m | $150.0m | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $54.0m | $401.0m | ($363.0m) | ($260.0m) | ($246.0m) | ($3.0m) | $164.0m | $7.0m | $54.0m | $0 | |
| Additional Financial Items | |||||||||||
| Accounts payable | $6.2m | $9.2m | — | — | — | — | — | — | — | — | |
| Accounts receivable | ($16.7m) | ($38.0m) | ($54.2m) | ($74.5m) | — | — | — | — | — | — | |
| Accrued liabilities | $16.5m | $49.9m | — | — | — | — | — | — | — | — | |
| Advisor loans issued | ($26.1m) | ($38.3m) | ($23.7m) | ($21.5m) | ($14.7m) | ($35.6m) | ($55.6m) | ($75.2m) | ($58.4m) | ($78.7m) | |
| Allowance for credit losses | $4.8m | $4.7m | $6.9m | $5.4m | $15.3m | $8.7m | $5.5m | — | — | — | |
| Available for sale securities | ($55.0b) | ($49.9b) | ($44.1b) | ($54.4b) | ($58.3b) | ($74.2b) | ($38.9b) | ($40.5b) | ($23.0b) | ($25.4b) | |
| Beginning Cash Position | — | — | — | — | — | — | $1.9b | $1.6b | $1.6b | $1.4b | |
| Capitalization of deferred policy acquisition costs | ($5.2b) | ($4.8b) | ($5.8b) | ($5.4b) | ($4.3b) | ($4.9b) | ($4.6b) | ($5.4b) | ($3.5b) | ($3.4b) | |
| Cash | $1.9b | $2.4b | — | — | $2.8b | $2.2b | $2.0b | $2.2b | $1.3b | $1.3b | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($14.5b) | ($2.7b) | ($8.9b) | ($6.5b) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | $2.9b | ($2.5b) | $5.8b | $3.2b | |
| Cash From Discontinued Financing Activities | — | — | — | — | — | — | $13.9b | $3.5b | $3.9b | $0 | |
| Cash From Discontinued Investing Activities | — | — | — | — | — | — | ($6.5b) | ($4.5b) | ($4.2b) | $0 | |
| Change In Other Working Capital | — | — | — | — | — | — | $144.0m | $2.2b | $94.0m | ($913.0m) | |
| Change In Working Capital | — | — | — | — | — | — | ($5.3b) | ($1.4b) | ($2.4b) | ($3.8b) | |
| Changes In Cash | — | — | — | — | — | — | ($94.0m) | $4.0m | ($118.0m) | ($39.0m) | |
| Collections of AR facility deferred purchase price (note 15) | — | — | — | $28.1m | $52.0m | $151.2m | $288.0m | $124.3m | $137.6m | $164.3m | |
| Contingent acquisition consideration paid | ($591k) | ($6.5m) | ($4.4m) | ($8.9m) | ($18.2m) | ($18.0m) | ($69.2m) | ($39.1m) | ($3.4m) | ($7.4m) | |
| Contingent consideration (note 7) | — | — | $10.2m | $22.8m | $29.7m | $48.0m | $53.9m | $32.9m | ($53.7m) | ($12.9m) | |
| Contract assets | — | ($17.2m) | $3.9m | $1.4m | — | — | — | — | — | — | |
| Contract liabilities | — | $4.6m | $6.5m | ($6.6m) | — | — | — | — | — | — | |
| Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded | — | — | — | — | — | — | $307.0m | $199.0m | $15.0m | $28.0m | |
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously Recorded | — | — | — | — | $328.0m | $65.0m | — | — | — | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | — | $928.0m | ($1.2b) | ($1.1b) | ($619.0m) | ($593.0m) | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | $545.0m | $68.0m | $38.0m | ($75.0m) | ($8.5b) | $3.0b | ($82.0m) | $643.0m | $616.0m | $81.0m | |
| Dividends on preferred stock and preferred stock redemption premiums | — | — | — | — | — | — | ($29.0m) | ($29.0m) | ($22.0m) | $0 | |
| End Cash Position | — | — | — | — | — | — | $1.6b | $1.6b | $1.4b | $1.3b | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | $158.0m | — | — | $1.8b | $302.0m | $583.0m | $845.0m | $480.0m | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | $79.0m | — | — | ($66.0m) | $73.0m | $143.0m | $506.0m | ($174.0m) | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | $79.0m | — | — | $1.9b | $229.0m | $440.0m | $339.0m | $654.0m | |
| Equity co-investment contributions (note 16) | — | — | — | — | — | — | — | ($4.5m) | ($23.0m) | ($15.5m) | |
| Fee income debited to policyholder contract deposits included in financing activities | — | — | — | — | ($1.7b) | ($1.7b) | ($1.7b) | ($2.1b) | ($1.4b) | $0 | |
| Financing Cash Flow | — | — | — | — | — | — | ($602.0m) | $782.0m | ($5.1b) | ($6.5b) | |
| Financing Receivable, Credit Loss, Expense (Reversal) | ($10.0m) | $50.0m | $92.0m | $46.0m | $103.0m | ($172.0m) | — | — | — | — | |
| Financing fees paid | — | ($1.6m) | ($3.2m) | ($1.3m) | ($7.6m) | ($1.4m) | — | — | — | — | |
| Fixed maturity securities and other invested assets received in connection with reinsurance transactions | — | — | — | — | $362.0m | $161.0m | $110.0m | $110.0m | $256.0m | $0 | |
| Fixed maturity securities and other invested assets transferred in connection with reinsurance transactions | — | — | — | — | ($266.0m) | ($837.0m) | ($224.0m) | ($838.0m) | ($148.0m) | $0 | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($1.2b) | $489.0m | ($182.0m) | $227.0m | $378.0m | $11.0m | — | — | — | — | |
| Free Cash Flow | — | — | — | — | — | — | $4.1b | $6.2b | $3.3b | $3.3b | |
| Gain (Loss) on Sale of Derivatives | ($944.0m) | ($368.0m) | $338.0m | ($22.0m) | ($921.0m) | $207.0m | — | — | — | — | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $637.0m | $662.0m | $637.0m | $706.0m | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | $153.0m | $29.0m | ($616.0m) | ($81.0m) | |
| Gains attributable to mortgage servicing rights | — | — | — | — | ($17.1m) | ($29.2m) | ($17.4m) | ($17.7m) | ($15.4m) | ($31.2m) | |
| Gains attributable to the fair value of mortgage premiums and origination fees | — | — | — | — | ($38.5m) | ($48.8m) | ($16.6m) | ($16.3m) | ($13.0m) | ($24.2m) | |
| Goodwill | $1.5b | $1.6b | $4.1b | $4.0b | $4.1b | $4.1b | $3.9b | $3.5b | $3.4b | $3.4b | |
| Income tax payable | $419k | ($985k) | $6.8m | ($8.4m) | — | — | — | — | — | — | |
| Increase (decrease) in accrued compensation | — | $57.9m | $36.9m | $16.6m | ($78.6m) | $246.3m | ($85.5m) | ($70.4m) | $63.2m | $75.0m | |
| Increase (decrease) in mortgage warehouse credit facilities | — | — | — | — | $193.2m | ($55.1m) | ($138.6m) | $144.5m | ($96.1m) | $60.6m | |
| Increase in accounts payable, accrued expenses and other liabilities | — | $16.1m | $14.2m | ($15.7m) | ($13.9m) | $153.1m | $39.2m | $9.0m | $16.1m | ($44.6m) | |
| Increase in accounts receivable, prepaid expenses and other assets | — | — | — | ($89.2m) | $49.0m | ($322.3m) | ($469.1m) | ($203.7m) | ($210.0m) | ($211.8m) | |
| Increase in long-term debt | — | — | $985.8m | $585.4m | $616.1m | $597.3m | $1.6b | $925.0m | $1.9b | $1.3b | |
| Insurance reserves | $5.3b | $2.6b | $1.1b | ($5.2b) | $461.0m | $5.1b | ($2.3b) | $1.6b | $341.0m | $93.0m | |
| Interest | — | — | — | — | $1.1b | $1.3b | $1.1b | $1.1b | $858.0m | $389.0m | |
| Interest credited to policyholder contract deposits included in financing activities | — | — | — | — | $3.7b | $3.6b | $3.6b | $4.5b | $2.4b | $0 | |
| Investing Cash Flow | — | — | — | — | — | — | ($3.6b) | ($7.0b) | $1.7b | $3.2b | |
| Issuance of convertible notes (note 13) | — | — | — | — | $230.0m | $0 | — | — | — | — | |
| Issuance of senior notes (note 13) | — | — | $244.9m | — | $0 | $294.6m | $0 | — | — | — | |
| Issuance of subordinate voting shares (note 18) | — | — | — | — | — | — | — | $0 | $286.9m | $0 | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims | $25.6b | $22.5b | $23.3b | $18.1b | $17.2b | $15.9b | $15.0b | $14.9b | $14.6b | $14.2b | |
| Loss on disposal of operations | — | — | — | — | — | $0 | $26.8m | $2.3m | $0 | — | |
| Market Risk Benefit, Change in Fair Value, Gain (Loss) | — | — | — | — | — | — | — | ($2.0m) | — | — | |
| Maturities of fixed maturity securities available for sale | $25.7b | $29.0b | $24.8b | $25.5b | $27.6b | $34.8b | $18.5b | $18.0b | $9.2b | $8.9b | |
| Mortgage and other loans receivable | ($10.7b) | ($9.4b) | ($10.3b) | ($9.5b) | ($6.0b) | ($9.0b) | ($14.4b) | ($10.1b) | ($470.0m) | ($261.0m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $0 | $2.6b | $587.0m | $0 | |
| Net Preferred Stock Issuance | — | — | — | — | — | — | $0 | $0 | ($485.0m) | $0 | |
| Net change in short-term investments | ($3.1b) | $2.1b | $1.5b | ($3.6b) | ($4.9b) | $5.1b | $595.0m | ($6.6b) | ($1.5b) | $3.5b | |
| Net losses on sales of securities available for sale and other assets | ($2.0b) | ($431.0m) | $98.0m | ($862.0m) | ($1.2b) | ($2.1b) | $959.0m | $970.0m | $637.0m | $706.0m | |
| Non-cash consideration received from sale of Validus Re | — | — | — | — | — | — | $0 | $290.0m | $0 | $0 | |
| Non-cash lease expense | — | — | — | — | $5.2m | $18.5m | $5.0m | — | — | — | |
| Operating Gains Losses | — | — | — | — | — | — | $723.0m | $676.0m | ($33.0m) | $625.0m | |
| Other | ($308k) | $9.8m | $1.4m | $3.1m | $2.8m | ($97k) | $19.5m | $23.6m | $18.4m | $11.7m | |
| Other Cash Adjustment Outside Changein Cash | — | — | — | — | — | — | ($95.0m) | $11.0m | $0 | $0 | |
| Other Non Cash Items | — | — | — | — | — | — | $303.0m | ($37.0m) | $14.0m | ($5.0m) | |
| Other invested assets | ($3.4b) | ($2.9b) | ($2.8b) | ($3.3b) | ($3.5b) | ($3.2b) | ($2.3b) | ($2.2b) | ($557.0m) | ($851.0m) | |
| Other liabilities | $3.5m | $2.1m | $2.8m | $8.3m | — | — | — | — | — | — | |
| Other securities | ($935.0m) | ($1.1b) | ($1.3b) | ($1.6b) | ($617.0m) | ($2.0b) | ($3.7b) | ($1.6b) | ($267.0m) | ($241.0m) | |
| Other, net | $68.0m | ($31.0m) | ($3.6b) | $1.6b | $541.0m | $1.2b | $545.0m | $1.7b | $605.0m | $129.0m | |
| Payments for Repurchase of Warrants | $309.0m | $3.0m | $11.0m | $0 | $0 | $0 | — | — | — | — | |
| Preferred Stock Payments | — | — | — | — | — | — | $0 | $0 | ($485.0m) | $0 | |
| Premiums and other receivables and payables - net | $536.0m | $410.0m | $887.0m | $437.0m | $2.6b | ($655.0m) | ($10.2b) | $391.0m | ($571.0m) | ($1.2b) | |
| Prepaid expenses and other assets | $3.0m | ($2.9m) | ($9.0m) | ($16.1m) | — | — | — | — | — | — | |
| Principal funded on originated mortgage loans | — | — | — | — | ($1.4b) | ($2.5b) | ($973.5m) | ($1.3b) | ($900.2m) | ($2.2b) | |
| Principal payments received on and sales of mortgage and other loans receivable | $6.1b | $5.7b | $4.3b | $5.8b | $7.8b | $8.3b | $9.4b | $7.4b | $1.0b | $1.3b | |
| Proceeds from Stock Options Exercised | — | — | — | — | — | — | $68.0m | $43.0m | $162.0m | $155.0m | |
| Proceeds from disposal of warehouse fund assets | — | — | — | — | $178.6m | $10.1m | $137.6m | $74.6m | $76.4m | $94.5m | |
| Proceeds received on exercise of stock options | $2.9m | $5.6m | $7.4m | $21.9m | $12.3m | $14.4m | $16.8m | $42.1m | $45.1m | $44.5m | |
| Proceeds received on sale of mortgage loans | — | — | — | — | $1.2b | $2.6b | $1.1b | $1.1b | $1.0b | $2.1b | |
| Purchases of fixed assets | ($25.0m) | ($39.5m) | ($35.6m) | ($44.2m) | ($40.4m) | ($58.0m) | ($67.7m) | ($84.5m) | ($65.1m) | ($78.7m) | |
| Purchases of non-controlling interests' subsidiary shares, net | ($14.1m) | ($40.9m) | ($3.7m) | ($11.5m) | ($19.8m) | ($5.5m) | ($31.6m) | ($32.7m) | ($21.7m) | ($64.5m) | |
| Purchases of warehouse fund assets | — | — | — | ($94.2m) | ($84.4m) | ($31.1m) | ($161.0m) | ($122.6m) | ($319.2m) | ($159.5m) | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | $9.0b | ($4.6b) | ($548.0m) | ($1.2b) | |
| Redemption of preferred stock | — | — | — | — | — | — | $0 | $0 | ($485.0m) | $0 | |
| Reinsurance assets, net | — | — | — | $217.0m | ($693.0m) | ($1.2b) | $2.8b | $472.0m | $727.0m | $501.0m | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($5.2b) | ($3.0b) | ($7.1b) | ($5.8b) | |
| Repurchases of Subordinate Voting Shares | — | — | — | — | — | $0 | ($165.7m) | $0 | — | — | |
| Restricted cash included in Other assets | — | — | — | — | — | $32.0m | $33.0m | $45.0m | $15.0m | $16.0m | |
| Sale Of Business | — | — | — | — | — | — | $0 | $2.6b | $587.0m | $0 | |
| Sale of non-controlling interests' subsidiary shares | $800k | $3.9m | $2.4m | $1.6m | — | — | — | — | $10.6m | $20.7m | |
| Sales to (purchases from) AR Facility, net (note 15) | — | — | — | $125.0m | ($27.4m) | ($98.1m) | $171.3m | $31.2m | $1.0m | ($157k) | |
| Settlement of long-term incentive arrangement (note 22) | — | — | — | — | $0 | $375.7m | $0 | — | — | — | |
| Stock option expense (note 20) | $3.3m | $4.4m | $6.4m | $7.8m | $9.6m | $14.3m | $21.9m | $27.1m | $46.0m | $55.6m | |
| Taxes | — | — | — | — | $975.0m | $862.0m | $746.0m | $984.0m | $708.0m | $330.0m | |
| Unbilled revenues | ($16.5m) | ($1.8m) | — | — | — | — | — | — | — | — | |
| Unearned revenues | ($945k) | $6.7m | — | — | — | — | — | — | — | — | |
| Unrealized (gains) losses in earnings - net | $1.5b | $79.0m | $443.0m | $207.0m | ($735.0m) | ($1.9b) | ($1.4b) | $1.7b | ($571.0m) | ($423.0m) | |
| Unrealized Gain (Loss) on Investments | — | — | ($443.0m) | ($207.0m) | $735.0m | $1.9b | $1.4b | ($1.7b) | $571.0m | $423.0m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | — | $2.1b | $1.1b | ($571.0m) | ($423.0m) | |
| Gain (Loss) on Investments | ($1.9b) | ($1.4b) | ($130.0m) | $632.0m | ($2.2b) | $2.2b | $9.0b | ($4.6b) | ($548.0m) | ($1.2b) | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | ($29.0m) | ($27.0m) | — | — | |
| Total adjustments | $2.6b | ($2.5b) | ($42.0m) | ($5.0b) | $6.9b | ($3.6b) | ($7.1b) | $2.4b | $677.0m | $217.0m | |
| Net Cash Provided by (Used in) Operating Activities | $2.4b | ($8.6b) | $61.0m | ($928.0m) | $1.0b | $6.3b | $4.2b | $6.2b | $3.3b | $3.3b | |
| Cash flows from investing activities: | |||||||||||
| Acquisitions of businesses, net of cash acquired (note 4) | ($82.1m) | ($58.7m) | ($586.2m) | ($80.6m) | ($205.6m) | ($60.8m) | ($1.0b) | ($60.3m) | ($517.2m) | ($262.2m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | $5.7b | $0 | $0 | — | — | — | — | — | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $2.7b | ($3.5b) | $4.8b | $3.0b | |
| Payments to Acquire Investments | $70.0b | $63.2b | $58.6b | $68.9b | — | — | — | — | — | — | |
| Purchase Of Investment | — | — | — | — | — | — | ($20.9b) | ($29.2b) | ($25.4b) | ($26.5b) | |
| Sale Of Investment | — | — | — | — | — | — | $23.6b | $25.6b | $30.1b | $29.4b | |
| Divestitures, net | $2.8b | $792.0m | $10.0m | $2.0m | $2.2b | $4.7b | $0 | $3.3b | $587.0m | $0 | |
| Net Other Investing Changes | — | — | — | — | — | — | ($1.1b) | ($1.8b) | ($66.0m) | ($821.0m) | |
| Other investing activities | ($511k) | ($4.8m) | $81k | ($5.9m) | $982k | ($25.3m) | ($6.8m) | $14.3m | ($14.2m) | $1.2m | |
| Payments for (Proceeds from) Other Investing Activities | $1.0b | $2.1b | ($200.0m) | ($1.5b) | ($6.0m) | $995.0m | $443.0m | $1.3b | $66.0m | $821.0m | |
| Net cash provided by (used in) investing activities - continuing operations | — | — | — | — | — | — | $2.9b | ($2.5b) | $5.8b | $3.2b | |
| Net cash used in investing activities - discontinued operations | — | — | — | — | — | — | ($6.5b) | ($4.5b) | ($4.2b) | $0 | |
| Net Cash Provided by (Used in) Investing Activities | $4.7b | $14.7b | ($223.0m) | ($5.5b) | ($6.2b) | ($3.3b) | ($3.6b) | ($7.0b) | $1.7b | $3.2b | |
| Cash flows from financing activities: | |||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $97.0m | $742.0m | $661.0m | $1.2b | |
| Issuance of long-term debt | $6.0b | $3.4b | $4.7b | $3.9b | $4.2b | $4.4b | $7.5b | $2.0b | $1.3b | $1.2b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $97.0m | $742.0m | $661.0m | $1.2b | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($9.7b) | ($1.6b) | ($1.4b) | $140.0m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($9.7b) | ($1.6b) | ($1.4b) | $140.0m | |
| Proceeds from Issuance of Long-term Debt | $6.0b | $3.4b | $4.7b | $3.9b | — | — | $7.5b | $2.0b | — | $1.2b | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $25.7b | $29.0b | $24.8b | $25.5b | $27.6b | $34.8b | $18.5b | $18.0b | $9.2b | $8.9b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($9.8b) | ($2.3b) | ($2.0b) | ($1.1b) | |
| Repayment Of Debt | — | — | — | — | — | — | ($9.8b) | ($2.3b) | ($2.0b) | ($1.1b) | |
| Repayments of Long-term Debt | $4.1b | $3.7b | $3.7b | $3.2b | — | — | $9.5b | $2.3b | — | — | |
| Repayments of debt | ($4.1b) | ($3.7b) | ($3.7b) | ($3.2b) | ($1.9b) | ($7.9b) | ($9.5b) | ($2.3b) | ($4.1b) | ($2.0b) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($5.2b) | ($3.0b) | ($6.7b) | ($5.8b) | |
| Common Stock Payments | — | — | — | — | — | — | ($5.2b) | ($3.0b) | ($6.7b) | ($5.8b) | |
| Payments for Repurchase of Common Stock | $11.5b | $6.3b | $1.7b | $0 | $500.0m | $2.6b | $5.2b | $3.0b | $6.7b | $5.8b | |
| Payments of Ordinary Dividends, Common Stock | $1.4b | $1.2b | $1.1b | $1.1b | $1.1b | $1.1b | $982.0m | $997.0m | $1.0b | $976.0m | |
| Purchase of common stock | ($11.5b) | ($6.3b) | ($1.7b) | $0 | ($500.0m) | ($2.6b) | ($5.2b) | ($3.0b) | ($6.7b) | ($5.8b) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($1.0b) | ($1.0b) | ($1.0b) | ($976.0m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($982.0m) | ($997.0m) | ($1.0b) | ($976.0m) | |
| Dividends on common stock | ($3) | ($1k) | ($1k) | ($1k) | ($1k) | ($1k) | ($982) | ($997) | ($1k) | ($976) | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($29.0m) | ($29.0m) | ($22.0m) | $0 | |
| Net Other Financing Charges | — | — | — | — | — | — | $1.4b | $2.8b | $605.0m | $129.0m | |
| Other financing activities | — | — | — | — | — | ($1.4m) | ($3.2m) | ($917k) | ($3.9m) | ($201k) | |
| Proceeds from (Payments for) Other Financing Activities | $68.0m | ($31.0m) | ($3.6b) | $1.6b | $541.0m | $1.2b | $545.0m | $1.7b | $605.0m | $129.0m | |
| Net cash provided by financing activities - discontinued operations | — | — | — | — | — | — | $13.9b | $3.5b | $3.9b | $0 | |
| Net cash used in financing activities - continuing operations | — | — | — | — | — | — | ($14.5b) | ($2.7b) | ($8.9b) | ($6.5b) | |
| Net Cash Provided by (Used in) Financing Activities | ($6.8b) | ($5.7b) | $794.0m | $6.4b | $5.1b | ($3.7b) | ($676.0m) | $782.0m | ($5.1b) | ($6.5b) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($117.0m) | ($13.0m) | ($83.0m) | $12.0m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | ($11.0m) | $16.0m | $49.0m | ($67.0m) | ($117.0m) | ($13.0m) | ($83.0m) | $12.0m | |
| Effect of exchange rate changes on cash | ($10.7m) | $7.7m | ($6.1m) | ($3.5m) | $8.5m | ($10.4m) | ($33.3m) | — | — | — | |
| Effect of exchange rate changes on cash and restricted cash | $55.0m | ($29.0m) | ($11.0m) | $16.0m | $49.0m | ($67.0m) | ($117.0m) | ($13.0m) | ($83.0m) | $12.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $621.0m | ($8.0m) | ($57.0m) | ($803.0m) | — | ($9.0m) | ($201.0m) | ($27.0m) | |
| Increase (decrease) in cash and cash equivalents | ($3.0m) | ($4.6m) | $18.5m | ($12.0m) | — | — | — | — | — | — | |
| Net decrease in cash and restricted cash | ($24.0m) | $497.0m | $621.0m | ($8.0m) | ($57.0m) | ($803.0m) | ($211.0m) | ($9.0m) | ($201.0m) | ($27.0m) | |
| Cash and cash equivalents, beginning of year | $116.2m | $113.1m | $108.5m | $127.0m | — | — | — | — | — | — | |
| Cash and restricted cash at beginning of year | — | — | — | $127.0m | $3.2b | $2.4b | $2.2b | $2.2b | $1.4b | $1.3b | |
| Cash and restricted cash of held for sale assets | — | — | — | — | — | $0 | $0 | ($3.0m) | $0 | $0 | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $3.4b | $3.3b | $3.2b | $2.4b | $2.2b | $2.2b | $1.4b | $1.3b | |
| Restricted cash included in Short-term investments | — | — | — | — | — | $197.0m | $140.0m | $4.0m | $55.0m | $55.0m | |
| Total cash and restricted cash shown in the Consolidated Statements of Cash Flows | $2.1b | $2.7b | $3.4b | $3.3b | $3.2b | $2.4b | $2.2b | $2.2b | $1.4b | $1.3b | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($211.0m) | ($9.0m) | ($201.0m) | ($27.0m) | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | ($16.5m) | ($20.8m) | $1.3b | $1.3b | $1.1b | $1.3b | $1.1b | $1.1b | $858.0m | $389.0m | |
| Income Taxes Paid, Net | $493.0m | $544.0m | $154.0m | $252.0m | $975.0m | $862.0m | $746.0m | $984.0m | $708.0m | $330.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.