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Investments (Tables)
9 Months Ended
Sep. 30, 2016
Investments, Debt and Equity Securities [Abstract]  
Summary of investments [Table Text Block]
The following is a summary of Ameriprise Financial investments:
 
September 30,
2016
 
December 31,
2015
 
(in millions)
Available-for-Sale securities, at fair value
$
30,799

 
$
28,673

Mortgage loans, net
2,974

 
3,359

Policy and certificate loans
835

 
824

Other investments
1,267

 
1,288

Total
$
35,875

 
$
34,144

Summary of net investment income [Table Text Block]
The following is a summary of net investment income:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
 
(in millions)
Investment income on fixed maturities
$
342

 
$
346

 
$
1,028

 
$
1,055

Net realized gains (losses)
6

 
(10
)
 
(5
)
 
5

Affordable housing partnerships
(17
)
 
(7
)
 
(35
)
 
(25
)
Other
25

 
(10
)
 
13

 
32

Consolidated investment entities
31

 
2

 
89

 
161

Total
$
387

 
$
321

 
$
1,090

 
$
1,228

Available-for-Sale Securities Disclosure [Table Text Block]
Available-for-Sale securities distributed by type were as follows:
 
 
September 30, 2016
Description of Securities
 
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
 
Noncredit OTTI (1)
 
 
(in millions)
Corporate debt securities
 
$
15,092

 
$
1,499

 
$
(39
)
 
$
16,552

 
$
3

Residential mortgage backed securities
 
6,759

 
145

 
(42
)
 
6,862

 
(5
)
Commercial mortgage backed securities
 
2,960

 
130

 
(1
)
 
3,089

 

Asset backed securities
 
1,471

 
42

 
(9
)
 
1,504

 
5

State and municipal obligations
 
2,191

 
310

 
(13
)
 
2,488

 

U.S. government and agencies obligations
 
9

 
1

 

 
10

 

Foreign government bonds and obligations
 
251

 
28

 
(4
)
 
275

 

Common stocks
 
8

 
11

 

 
19

 
5

Total
 
$
28,741

 
$
2,166

 
$
(108
)
 
$
30,799

 
$
8

 
 
December 31, 2015
Description of Securities
 
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
 
Noncredit OTTI (1)
 
 
(in millions)
Corporate debt securities
 
$
15,750

 
$
894

 
$
(296
)
 
$
16,348

 
$
3

Residential mortgage backed securities
 
5,933

 
106

 
(66
)
 
5,973

 
(12
)
Commercial mortgage backed securities
 
2,400

 
70

 
(14
)
 
2,456

 

Asset backed securities
 
1,273

 
34

 
(11
)
 
1,296

 

State and municipal obligations
 
2,105

 
213

 
(28
)
 
2,290

 

U.S. government and agencies obligations
 
66

 
2

 

 
68

 

Foreign government bonds and obligations
 
218

 
17

 
(11
)
 
224

 

Common stocks
 
7

 
11

 

 
18

 
5

Total
 
$
27,752

 
$
1,347

 
$
(426
)
 
$
28,673

 
$
(4
)
(1) 
Represents the amount of other-than-temporary impairment (“OTTI”) losses in accumulated other comprehensive income (“AOCI”). Amount includes unrealized gains and losses on impaired securities subsequent to the initial impairment measurement date. These amounts are included in gross unrealized gains and losses as of the end of the period.
Investments with fixed maturities disclosure [Table Text Block]
A summary of fixed maturity securities by rating was as follows:
 
 
September 30, 2016
 
December 31, 2015
Ratings
 
Amortized Cost
 
Fair Value
 
Percent of 
Total Fair Value
 
Amortized Cost
 
Fair Value
 
Percent of 
Total Fair Value
 
 
(in millions, except percentages)
AAA
 
$
8,669

 
$
8,929

 
29
%
 
$
7,147

 
$
7,289

 
25
%
AA
 
1,764

 
2,032

 
7

 
1,732

 
1,930

 
7

A
 
5,124

 
5,725

 
19

 
5,131

 
5,507

 
19

BBB
 
11,551

 
12,466

 
40

 
12,052

 
12,353

 
43

Below investment grade
 
1,625

 
1,628

 
5

 
1,683

 
1,576

 
6

Total fixed maturities
 
$
28,733

 
$
30,780

 
100
%
 
$
27,745

 
$
28,655

 
100
%
Available-for-Sale securities continuous unrealized loss disclosure [Table Text Block]
The following tables provide information about Available-for-Sale securities with gross unrealized losses and the length of time that individual securities have been in a continuous unrealized loss position:
Description of Securities
September 30, 2016
Less than 12 months
 
12 months or more
 
Total
Number of Securities
 
Fair Value
 
Unrealized Losses
 
Number of Securities
 
Fair Value
 
Unrealized Losses
 
Number of Securities
 
Fair Value
 
Unrealized Losses
 
(in millions, except number of securities)
Corporate debt securities
45

 
$
429

 
$
(3
)
 
41

 
$
405

 
$
(36
)
 
86

 
$
834

 
$
(39
)
Residential mortgage backed securities
90

 
1,412

 
(7
)
 
181

 
1,382

 
(35
)
 
271

 
2,794

 
(42
)
Commercial mortgage backed securities
21

 
264

 
(1
)
 
3

 
26

 

 
24

 
290

 
(1
)
Asset backed securities
34

 
295

 
(6
)
 
21

 
262

 
(3
)
 
55

 
557

 
(9
)
State and municipal obligations
18

 
34

 

 
3

 
118

 
(13
)
 
21

 
152

 
(13
)
Foreign government bonds and obligations
1

 
1

 

 
14

 
24

 
(4
)
 
15

 
25

 
(4
)
Total
209

 
$
2,435

 
$
(17
)
 
263

 
$
2,217

 
$
(91
)
 
472

 
$
4,652

 
$
(108
)
Description of Securities
December 31, 2015
Less than 12 months
 
12 months or more
 
Total
Number of Securities
 
Fair Value
 
Unrealized Losses
 
Number of Securities
 
Fair Value
 
Unrealized Losses
 
Number of Securities
 
Fair Value
 
Unrealized Losses
 
(in millions, except number of securities)
Corporate debt securities
347

 
$
5,150

 
$
(220
)
 
48

 
$
454

 
$
(76
)
 
395

 
$
5,604

 
$
(296
)
Residential mortgage backed securities
123

 
1,869

 
(16
)
 
164

 
1,350

 
(50
)
 
287

 
3,219

 
(66
)
Commercial mortgage backed securities
58

 
695

 
(13
)
 
4

 
49

 
(1
)
 
62

 
744

 
(14
)
Asset backed securities
50

 
455

 
(7
)
 
14

 
254

 
(4
)
 
64

 
709

 
(11
)
State and municipal obligations
31

 
100

 
(1
)
 
5

 
110

 
(27
)
 
36

 
210

 
(28
)
Foreign government bonds and obligations
9

 
39

 
(2
)
 
15

 
27

 
(9
)
 
24

 
66

 
(11
)
Total
618

 
$
8,308

 
$
(259
)
 
250

 
$
2,244

 
$
(167
)
 
868

 
$
10,552

 
$
(426
)
Credit losses on available-for-sale securities disclosure [Table Text Block]
The following table presents a rollforward of the cumulative amounts recognized in the Consolidated Statements of Operations for other-than-temporary impairments related to credit losses on Available-for-Sale securities for which a portion of the securities’ total other-than-temporary impairments was recognized in other comprehensive income (loss) (“OCI”):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
 
(in millions)
Beginning balance
$
81

 
$
85

 
$
85

 
$
98

Credit losses for which an other-than-temporary impairment was not previously recognized

 

 
1

 

Credit losses for which an other-than-temporary impairment was previously recognized

 

 

 
1

Reductions for securities sold during the period (realized)

 

 
(5
)
 
(14
)
Ending balance
$
81

 
$
85

 
$
81

 
$
85

Available-for-Sale securities recognized in earnings disclosure [Table Text Block]
Net realized gains and losses on Available-for-Sale securities, determined using the specific identification method, recognized in earnings were as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
 
(in millions)
Gross realized gains
$
10

 
$
1

 
$
24

 
$
24

Gross realized losses
(3
)
 
(4
)
 
(12
)
 
(10
)
Other-than-temporary impairments

 
(7
)
 
(1
)
 
(8
)
Total
$
7

 
$
(10
)
 
$
11

 
$
6

Available-for-Sale securities contractual maturity disclosure [Table Text Block]
Available-for-Sale securities by contractual maturity at September 30, 2016 were as follows:
 
Amortized Cost
 
Fair Value
 
(in millions)
Due within one year
$
877

 
$
890

Due after one year through five years
7,423

 
7,886

Due after five years through 10 years
4,767

 
5,059

Due after 10 years
4,476

 
5,490

 
17,543

 
19,325

Residential mortgage backed securities
6,759

 
6,862

Commercial mortgage backed securities
2,960

 
3,089

Asset backed securities
1,471

 
1,504

Common stocks
8

 
19

Total
$
28,741

 
$
30,799