Investor Presentaiton
Parent liquidity remains strong at $7.5B at March 31, 2020
$7.6
$4.8
$2.8
Changes in Parent Liquidity ($B)
Cash & S/T Investments
Unencumbered Securities
$1.3
$0.9
($0.5)
($0.3)
$7.5
($0.7)1
($0.8)1,2
$2.4
Includes:
Life Dividends:
$0.2B
Gl Dividends:
$0.2B
Tax Payments
from Subsidiaries:
$0.5B
$5.1
Balance at
12/31/2019
Insurance
Company
Distributions
Revolving
Syndicated
Credit Facility
Draw Down
Share
Repurchases
Shareholder
Dividends
Debt
Repurchases &
Interest Paid
Other
Balance at
3/31/2020
In March, AIG borrowed, and it currently has outstanding, $1.3B under its $4.5B committed revolving syndicated credit facility. Also, in
March, AIG redeemed $350M aggregate principal amount of its 4.35% Callable Notes Due 2045
AIG
1) The correct amount for debt repurchases & interest paid is ($0.6B), as reported on page 139 of the First Quarter 2020 10-Q. As a result, the remaining
difference is in Other.
2) Primarily reflects short-term incentive payout.
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