2007 Annual Report - AIG.com

American International Group, Inc. and Subsidiaries
Notes to Consolidated Financial Statements Continued
23. Information Provided in Connection With Outstanding Debt
Continued
Condensed Consolidating Statements of Cash Flow
American
International AIG AIG
Group, Inc. Liquidity Program Other Consolidated
(in millions) Guarantor AIGLH Corp. Funding, Inc. Subsidiaries AIG
Year Ended December 31, 2007
Net cash provided by (used in) operating activities $ (770) $ 214 $ * $ — $ 35,727 $ 35,171
Cash flows from investing:
Invested assets disposed 3,057 — — — 175,201 178,258
Invested assets acquired (9,666) — — — (235,729) (245,395)
Other (4,128) — * — 3,258 (870)
Net cash used in investing activities (10,737) — * — (57,270) (68,007)
Cash flows from financing activities:
Issuance of debt 20,582 — — — 82,628 103,210
Repayments of debt (1,253) — — — (78,823) (80,076)
Payments advanced to purchase shares (6,000) — — — — (6,000)
Cash dividends paid to shareholders (1,881) — — — — (1,881)
Other 67 (213) * — 18,373 18,227
Net cash provided by (used in) financing activities 11,515 (213) * — 22,178 33,480
Effect of exchange rate changes on cash — — — — 50 50
Change in cash 8 1 * — 685 694
Cash at beginning of year 76 — — — 1,514 1,590
Cash at end of year $ 84 $ 1 $ * $ — $ 2,199 $ 2,284
Year Ended December 31, 2006
Net cash provided by (used in) operating activities $ (590) $ 258 $ * $ — $ 6,619 $ 6,287
Cash flows from investing:
Invested assets disposed 3,402 — — — 154,704 158,106
Invested assets acquired (8,298) — — — (216,663) (224,961)
Other (2,747) (67) * — 1,717 (1,097)
Net cash used in investing activities (7,643) (67) * — (60,242) (67,952)
Cash flows from financing activities:
Issuance of debt 12,038 — — — 61,950 73,988
Repayments of debt (2,417) — — — (34,072) (36,489)
Cash dividends paid to shareholders (1,638) — — — — (1,638)
Other 136 (191) * — 25,438 25,383
Net cash provided by (used in) financing activities 8,119 (191) * — 53,316 61,244
Effect of exchange rate changes on cash — — — — 114 114
Change in cash (114) — * — (193) (307)
Cash at beginning of year 190 — — — 1,707 1,897
Cash at end of year $ 76 $ — $ * $ — $ 1,514 $ 1,590
Year Ended December 31, 2005
Net cash provided by operating activities $ 1,854 $ 805 $ * $ — $ 20,754 $ 23,413
Cash flows from investing:
Invested assets disposed — — — — 185,884 185,884
Invested assets acquired (598) — — — (245,804) (246,402)
Other (1,083) (247) * — 389 (941)
Net cash used in investing activities (1,681) (247) * — (59,531) (61,459)
Cash flows from financing activities:
Issuance of debt 2,101 — — — 64,960 67,061
Repayments of debt (607) (398) — — (51,099) (52,104)
Cash dividends paid to shareholders (1,421) — — — — (1,421)
Other (73) (160) * — 24,794 24,561
Net cash provided by (used in) financing activities — (558) * — 38,655 38,097
Effect of exchange rate changes on cash — — — (163) (163)
Change in cash 173 — * — (285) (112)
Cash at beginning of year 17 — — — 1,992 2,009
Cash at end of year $ 190 $ — $ * $ — $ 1,707 $ 1,897
* Less than $1 million.
200 AIG 2007 Form 10-K