AMERICAN INTERNATIONAL GROUP, INC.
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 5, 2025
Contents
Debt
We expect to service and repay general borrowings through maturing investments and dispositions of invested assets, future cash flows from operations, cash flows generated from invested assets, future debt or preferred stock issuances and other financing arrangements.
The following table provides the rollforward of our total debt outstanding:
| Nine Months Ended September 30, 2025 | Balance,Beginningof Year | Issuances | MaturitiesandRepayments | Effect ofForeignExchange | OtherChanges | Balance,End ofPeriod |
|---|---|---|---|---|---|---|
| (in millions) | ||||||
| General borrowings: | ||||||
| Notes and bonds payable | $7,885 | $1,241 | $(717) | $157 | $4 | $8,570 |
| Junior subordinated debt | 602 | — | (122) | — | 1 | 481 |
| AIG Japan Holdings Kabushiki Kaisha | 239 | — | (247) | 8 | — | — |
| Total general borrowings | 8,726 | 1,241 | (1,086) | 165 | 5 | 9,051 |
| Borrowings supported by assets | 37 | — | (1) | — | — | 36 |
| Other subsidiaries' notes, bonds, loans and mortgages payable - not guaranteed by AIG | 1 | — | — | — | (1) | — |
| Total long-term debt | $8,764 | $1,241 | $(1,087) | $165 | $4 | $9,087 |
| Debt of consolidated investment entities - not guaranteed by AIG(a) | $158 | $— | $(2) | $— | $— | $156 |
(a)Includes debt of consolidated investment entities primarily related to real estate investments of $156 million at September 30, 2025 and $158 million at December 31, 2024.
The following table summarizes maturing long-term debt at September 30, 2025 of AIG for the next four quarters:
| FourthQuarter · FirstQuarter · SecondQuarter · ThirdQuarter | |||||
|---|---|---|---|---|---|
| (in millions) | 2025 | 2026 | 2026 | 2026 | Total |
| Borrowings supported by assets | $12 | $7 | $— | $— | $19 |
The following table presents maturities of long-term debt (including unamortized original issue discount, hedge accounting valuation adjustments and fair value adjustments, when applicable):
| September 30, 2025 · Remainder · Year Ending | ||||||||
|---|---|---|---|---|---|---|---|---|
| (in millions) | Total | of 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | Thereafter |
| General borrowings: | ||||||||
| Notes and bonds payable | $8,570 | $— | $30 | $963 | $722 | $209 | $959 | $5,687 |
| Junior subordinated debt | 481 | — | — | — | — | — | — | 481 |
| Total general borrowings | 9,051 | — | 30 | 963 | 722 | 209 | 959 | 6,168 |
| Borrowings supported by assets | 36 | 12 | 7 | — | — | — | — | 17 |
| Total long-term debt* | $9,087 | $12 | $37 | $963 | $722 | $209 | $959 | $6,185 |
*Does not reflect $156 million of notes issued by consolidated investment entities, for which recourse is limited to the assets of the respective investment entities and for which there is no recourse to the general credit of AIG.
| AIG | Third Quarter 2025 Form 10-Q | 89 |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.