Investor Presentaiton
Three Months Ended
March 31,
$
60,787
485
S
60,173
485
60,302
59,688
2,128
(994)
58,174
60,682
9,926
8,535
48.248
52.147
869.7
861.3
$
69.33
$
69.30
66.89
70.45
55.47
60.55
Non-GAAP Reconciliations
Book Value Per Common Share and Return on Common Equity
(in millions, except per common share data)
Total AIG shareholders' equity
Less: Preferred equity
Total AIG common shareholders' equity (a)
Less: Accumulated other comprehensive income (AOCI)
Less: Deferred tax assets (DTA)*
Total AIG common shareholders' equity, excluding AOCI (b)
Total adjusted common shareholders' equity (c)
Total common shares outstanding (d)
Book value per common share (a÷d)
Book value per common share, excluding AOCI (b÷d)
Adjusted book value per common share (c÷d)
Tangible Book Value Per Common Share
Total AIG shareholders' equity
Less: Preferred equity
Total AIG common shareholders' equity (a)
Less Intangible Assets:
Goodwill
Value of business acquired
Value of distribution channel acquired
Other intangibles
$
60,787
$
60,173
485
485
$
60,302
$
59,688
4,103
3,989
421
297
564
526
340
329
Total intangibles assets
Total AIG tangible common shareholders' equity (e)
Less: Accumulated other comprehensive income (AOCI)
Total AIG tangible common shareholders' equity, excluding intangible assets and AOCI (f)
Less: Deferred tax assets (DTA)*
Total adjusted tangible common shareholders' equity (g)
Total common shares outstanding (d)
5,428
5,141
54,874
54,547
2,128
(994)
52,746
55,541
9,926
8,535
42.820
47.006
869.7
861.3
Book value per common share (a÷d)
Tangible book value per common share (e÷d)
Tangible book value per common share, excluding AOCI (f÷d)
Adjusted tangible book value per common share (g÷d)
(in millions)
Return On Common Equity Computations
$
69.33
$
69.30
63.10
63.33
60.65
64.49
49.24
54.58
Quarterly
1Q19
1Q20
Actual or Annualized net income attributable to AIG common shareholders (h)
Actual or Annualized adjusted after-tax income attributable to AIG common
shareholders (i)
$
2.616 $
6.968
Average AIG Common Shareholders' equity (j)
Less: Average AOCI
Less: Average DTA*
Average adjusted common shareholders' equity (m)
ROCE (h÷j)
$
5.552 $
396
$
58,332
$
62,439
358
10,040
1,994
8,756
$
47.934
$
51.689
4.5%
11.6%
11.2%
0.8%
Adjusted return on common equity (i+m)
AIG
* Represents deferred tax assets only related to U.S. net operating loss and foreign tax credit carryforwards on a U.S. GAAP basis and excludes other balance sheet deferred tax assets
and liabilities.
=
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