The following tables present the Company's operations by operating segment. The information for the prior year has been conformed to the new segment presentation. Segment Information Third Quarter 2020 Insurance Asset Management Corporate Other Total (in millions) Third-party revenues $ 186 $ 13 $ 12 $ 21 $ 232 Intersegment revenues 3 1  (4)  Total revenues 189 14 12 17 232 Total expenses 134 29 32 5 200 Income (loss) before income taxes and equity in net earnings of investees 55 (15) (20) 12 32 Equity in net earnings of investees 20   (13) 7 Adjusted operating income (loss) before income taxes 75 (15) (20) (1) 39 Provision (benefit) for income taxes (6) (3) (2) (1) (12) Noncontrolling interests    3 3 Adjusted operating income (loss) $ 81 $ (12) $ (18) $ (3) $ 48 Supplemental income statement information Net investment income $ 75 $  $  $ (4) $ 71 Interest expense   24 (3) 21 Non-cash compensation and operating expenses (1) 9 4 1  14 Third Quarter 2019 Insurance Asset Management Corporate Other Total (in millions) Third-party revenues $ 221 $  $ 1 $ 1 $ 223 Intersegment revenues 1   (1)  Total revenues 222  1  223 Total expenses 97  31 2 130 Income (loss) before income taxes and equity in net earnings of investees 125  (30) (2) 93 Equity in net earnings of investees 1  (1)   Adjusted operating income (loss) before income taxes 126  (31) (2) 93 Provision (benefit) for income taxes 19  (3)  16 Noncontrolling interests      Adjusted operating income (loss) $ 107 $  $ (28) $ (2) $ 77 Supplemental income statement information Net investment income $ 89 $  $ 1 $ (2) $ 88 Interest expense   23 (1) 22 Non-cash compensation and operating expenses (1) 9  1  10 Nine Months Ended September 30, 2020 Insurance Asset Management Corporate Other Total (in millions) Third-party revenues $ 623 $ 41 $ 8 $ 44 $ 716 Intersegment revenues 8 3  (11)  Total revenues 631 44 8 33 716 Total expenses 308 81 99 8 496 Income (loss) before income taxes and equity in net earnings of investees 323 (37) (91) 25 220 Equity in net earnings of investees 37  (5) (29) 3 Adjusted operating income (loss) before income taxes 360 (37) (96) (4) 223 Provision (benefit) for income taxes 40 (7) (13) (2) 18 Noncontrolling interests    5 5 Adjusted operating income (loss) $ 320 $ (30) $ (83) $ (7) $ 200 Supplemental income statement information Net investment income $ 240 $  $ 1 $ (12) $ 229 Interest expense   72 (8) 64 Non-cash compensation and operating expenses (1) 27 13 4  44 Nine Months Ended September 30, 2019 Insurance Asset Management Corporate Other Total (in millions) Third-party revenues $ 695 $  $ 2 $ 23 $ 720 Intersegment revenues 2   (2)  Total revenues 697  2 21 720 Total expenses 244  93 16 353 Income (loss) before income taxes and equity in net earnings of investees 453  (91) 5 367 Equity in net earnings of investees 3    3 Adjusted operating income (loss) before income taxes 456  (91) 5 370 Provision (benefit) for income taxes 77  (12) 1 66 Noncontrolling interests      Adjusted operating income (loss) $ 379 $  $ (79) $ 4 $ 304 Supplemental income statement information Net investment income $ 298 $  $ 3 $ (5) $ 296 Interest expense   69 (2) 67 Non-cash compensation and operating expenses (1) 29  4  33 _____________________ (1) Consists of amortization of deferred acquisition costs and intangible assets, depreciation and share-based compensation Reconciliation of Net Income (Loss) Attributable to AGL to Adjusted Operating Income (Loss) Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 (in millions) Net income (loss) attributable to AGL $ 86 $ 69 $ 214 $ 265 Less pre-tax adjustments: Realized gains (losses) on investments 13 16 12 12 Non-credit impairment unrealized fair value gains (losses) on credit derivatives (3) 11 6 (29) Fair value gains (losses) on CCS (1) (10) (14) 13 (4) Foreign exchange gains (losses) on remeasurement of premiums receivable and loss and LAE reserves 40 (20) (15) (23) Total pre-tax adjustments 40 (7) 16 (44) Less tax effect on pre-tax adjustments (2) (1) (2) 5 Adjusted operating income (loss) $ 48 $ 77 $ 200 $ 304 _____________________ (1) Presented in Other income (loss) on the condensed consolidated statements of operations. The following table reconciles the Company's total consolidated revenues and expenses to segment revenues and expenses: Reconciliation of Segment Revenues and Expenses Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 (in millions) Revenues Total consolidated revenues $ 268 $ 206 $ 736 $ 667 Less: Realized gains (losses) on investments 13 16 12 12 Less: Non-credit impairment unrealized fair value gains (losses) on credit derivatives (3) 11 6 (29) Less: Fair value gains (losses) on CCS (10) (14) 13 (4) Less: Foreign exchange gains (losses) on remeasurement of premiums receivable and loss and LAE reserves 40 (20) (15) (23) Plus: Credit derivative impairment (recoveries) (1) 4 10 (4) 9 Total segment revenues $ 232 $ 223 $ 716 $ 720 Expenses Total consolidated expenses $ 196 $ 120 $ 500 $ 344 Plus: Credit derivative impairment (recoveries) (1) 4 10 (4) 9 Total segment expenses $ 200 $ 130 $ 496 $ 353 _____________________ (1) Credit derivative impairment (recoveries) are included in "Net change in fair value of credit derivatives" in the Company's condensed consolidated statements of operations.