AIG · 10-Q · 2026Q2 · Full report

Liquidity and Debt Position

AMERICAN INTERNATIONAL GROUP, INC. · 2026-08-07 · Importance 50 · Surprise 56 · From source text

AIG reported $1,565 million of cash and restricted cash at June 30, 2026, down from $1,841 million at June 30, 2025 but up from $1,345 million at the beginning of 2026. Six-month operating cash flow increased 40.2% to $1,871 million from $1,335 million. Long-term debt was $8,973 million at June 30, 2026, compared with $9,035 million at December 31, 2025, while total assets increased to $163,464 million from $161,254 million. Six-month financing activities used $1,719 million, including $1,153 million for common-stock purchases and dividend payments, compared with $4,212 million used in the prior-year period.

Key facts

• Total liabilities: $122,838 million as of June 30, 2026 and $120,092 million as of December 31, 2025. source
• The syndicated, multicurrency revolving credit facility (the Facility) has aggregate commitments up to $3.0 billion and is scheduled to expire in September 2029; as of June 30, 2026, $3.0 billion remained available under the Facility. source
• Other Operations increased interest expense by $7 million in the six months ended June 30, 2026 primarily driven by new debt issuance of $1.25 billion in 2025 partially offset by interest savings from $0.8 billion debt repurchases in 2025. source
• Interest payments on general borrowings totaled $202 million during the six months ended June 30, 2026. source
• Interest payments totaled $205 million and $200 million in the six months ended June 30, 2026 and 2025, respectively. source
• A Credit Support Annex is a legal document generally associated with an ISDA Master Agreement that provides for collateral postings which could vary depending on ratings and threshold levels. source
• ISDA Master Agreement is an agreement between two counterparties that generally provides for the net settlement of all or a specified group of derivative transactions and pledged collateral through a single payment in the event of a default or termination event. source
• A master netting agreement is an agreement between two counterparties with multiple derivative contracts that provides for the net settlement of all contracts covered and pledged collateral through a single payment in the event of default or upon termination. source

Impact estimates