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Investments (Tables)
12 Months Ended
Dec. 31, 2016
Investments, Debt and Equity Securities [Abstract]  
Summary of Investments [Table Text Block]
The following is a summary of Ameriprise Financial investments:
 
December 31,
2016
 
2015
(in millions)
Available-for-Sale securities, at fair value
$
30,719

 
$
28,673

Mortgage loans, net
2,986

 
3,359

Policy and certificate loans
831

 
824

Other investments
1,298

 
1,288

Total
$
35,834

 
$
34,144

Summary of Net Investment Income [Table Text Block]
The following is a summary of net investment income:
 
Years Ended December 31,
2016
 
2015
 
2014
(in millions)
Investment income on fixed maturities
$
1,368

 
$
1,403

 
$
1,479

Net realized gains
6

 
4

 
37

Affordable housing partnerships
(44
)
 
(18
)
 
(25
)
Other
91

 
68

 
93

Consolidated investment entities
155

 
231

 
157

Total
$
1,576

 
$
1,688

 
$
1,741

Available-for-Sale Securities Disclosure [Table Text Block]
Available-for-Sale securities distributed by type were as follows:
Description of Securities
December 31, 2016
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair Value
 
Noncredit
OTTI (1)
 
(in millions)
Corporate debt securities
$
15,231

 
$
1,065

 
$
(60
)
 
$
16,236

 
$

Residential mortgage backed securities
6,899

 
86

 
(67
)
 
6,918

 
(3
)
Commercial mortgage backed securities
3,347

 
59

 
(39
)
 
3,367

 

Asset backed securities
1,532

 
33

 
(16
)
 
1,549

 
5

State and municipal obligations
2,195

 
198

 
(35
)
 
2,358

 

U.S. government and agencies obligations
7

 
1

 

 
8

 

Foreign government bonds and obligations
251

 
17

 
(7
)
 
261

 

Common stocks
10

 
13

 
(1
)
 
22

 
6

Total
$
29,472

 
$
1,472

 
$
(225
)
 
$
30,719

 
$
8

Description of Securities
December 31, 2015
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 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:
Ratings
December 31, 2016
 
December 31, 2015
Amortized
Cost
 
Fair Value
 
Percent of
Total Fair
Value
Amortized
Cost
 
Fair Value
 
Percent of
Total Fair
Value
 
(in millions, except percentages)
AAA
$
9,252

 
$
9,305

 
31
%
 
$
7,147

 
$
7,289

 
25
%
AA
1,729

 
1,906

 
6

 
1,732

 
1,930

 
7

A
5,157

 
5,567

 
18

 
5,131

 
5,507

 
19

BBB
11,739

 
12,340

 
40

 
12,052

 
12,353

 
43

Below investment grade
1,585

 
1,579

 
5

 
1,683

 
1,576

 
6

Total fixed maturities
$
29,462

 
$
30,697

 
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
December 31, 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
187

 
$
2,452

 
$
(33
)
 
38

 
$
377

 
$
(27
)
 
225

 
$
2,829

 
$
(60
)
Residential mortgage backed securities
127

 
2,533

 
(33
)
 
177

 
1,290

 
(34
)
 
304

 
3,823

 
(67
)
Commercial mortgage backed securities
100

 
1,583

 
(39
)
 
5

 
43

 

 
105

 
1,626

 
(39
)
Asset backed securities
48

 
524

 
(9
)
 
27

 
298

 
(7
)
 
75

 
822

 
(16
)
State and municipal obligations
181

 
374

 
(14
)
 
3

 
110

 
(21
)
 
184

 
484

 
(35
)
Foreign government bonds and obligations
7

 
30

 
(1
)
 
15

 
23

 
(6
)
 
22

 
53

 
(7
)
Common and preferred stocks

 

 

 
3

 
1

 
(1
)
 
3

 
1

 
(1
)
Total
650

 
$
7,496

 
$
(129
)
 
268

 
$
2,142

 
$
(96
)
 
918

 
$
9,638

 
$
(225
)
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”):
 
December 31,
2016
 
2015
 
2014
(in millions)
Beginning balance
$
85

 
$
98

 
$
147

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

 
2

 
1

Reductions for securities sold during the period (realized)
(18
)
 
(15
)
 
(50
)
Ending balance
$
69

 
$
85

 
$
98

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:
 
Years Ended December 31,
2016
 
2015
 
2014
(in millions)
Gross realized gains
$
37

 
$
33

 
$
53

Gross realized losses
(13
)
 
(19
)
 
(8
)
Other-than-temporary impairments
(2
)
 
(8
)
 
(6
)
Total
$
22

 
$
6

 
$
39

Available-for-Sale Securities Contractual Maturity Disclosure [Table Text Block]
Available-for-Sale securities by contractual maturity at December 31, 2016 were as follows:
 
Amortized Cost
 
Fair
Value
(in millions)
Due within one year
$
1,200

 
$
1,210

Due after one year through five years
7,264

 
7,587

Due after five years through 10 years
4,817

 
4,917

Due after 10 years
4,403

 
5,149

 
17,684

 
18,863

Residential mortgage backed securities
6,899

 
6,918

Commercial mortgage backed securities
3,347

 
3,367

Asset backed securities
1,532

 
1,549

Common stocks
10

 
22

Total
$
29,472

 
$
30,719