XML 57 R7.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash Flows from Operating Activities      
Net income $ 1,314 $ 1,687 $ 2,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion, net 248 248 254
Deferred income tax expense (benefit) (34) (131) 228
Share-based compensation 134 145 130
Net realized investment gains (16) (14) (45)
Net trading gains (6) (7) (7)
Loss from equity method investments 54 14 11
Other-than-temporary impairments and provision for loan losses 4 9 7
Net gains of consolidated investment entities (38) (132) (378)
Changes in operating assets and liabilities:      
Restricted and segregated cash and investments (382) (335) (256)
Deferred acquisition costs 55 (7) 31
Other investments, net 14 81 (37)
Policyholder account balances, future policy benefits and claims, net 8 494 1,120
Derivatives, net of collateral 59 93 (883)
Receivables (150) (277) (423)
Brokerage deposits 310 337 378
Accounts payable and accrued expenses 173 82 137
Cash held by consolidated investment entities (14) (107) 37
Investment properties of consolidated investment entities 0 (114) 258
Other operating assets and liabilities of consolidated investment entities, net (9) 95 0
Other, net 247 411 (163)
Net cash provided by operating activities 1,971 2,572 2,399
Available-for-Sale securities:      
Proceeds from sales 366 294 516
Maturities, sinking fund payments and calls 4,421 4,542 4,352
Purchases (6,498) (4,562) (4,127)
Proceeds from sales, maturities and repayments of mortgage loans 810 631 585
Funding of mortgage loans (451) (558) (525)
Proceeds from sales and collections of other investments 253 236 207
Purchase of other investments (291) (306) (408)
Purchase of investments by consolidated investment entities (845) (2,678) (3,198)
Proceeds from sales, maturities and repayments of investments by consolidated investment entities 1,421 2,009 2,017
Purchase of land, buildings, equipment and software (92) (133) (113)
Other, net 102 11 (21)
Net cash (used in) provided by investing activities (804) (514) (715)
Investment certificates:      
Proceeds from additions 4,250 3,139 2,482
Maturities, withdrawals and cash surrenders (3,155) (2,509) (2,259)
Policyholder account balances:      
Deposits and other additions 2,086 2,061 2,042
Net transfers to (from) separate accounts 127 (171) (216)
Surrenders and other benefits (1,932) (2,714) (2,440)
Cash paid for purchased options with deferred premiums (341) (392) (417)
Cash received for purchased options with deferred premiums 276 16 59
Issuance of long-term debt, net of issuance costs 496 0 543
Repayments of long-term debt (257) (409) (200)
Change in short-term borrowings, net (1) (1) (301)
Dividends paid to shareholders (479) (465) (426)
Repurchase of common shares (1,707) (1,741) (1,577)
Exercise of stock options 9 16 33
Excess tax benefits from share-based compensation 14 81 162
Borrowings by consolidated investment entities 0 1,650 2,159
Repayments of debt by consolidated investment entities (517) (719) (1,011)
Noncontrolling interests investments in subsidiaries 0 255 176
Distributions to noncontrolling interests 0 (415) (465)
Other, net 0 0 (1)
Net cash used in financing activities (1,131) (2,318) (1,657)
Effect of exchange rate changes on cash (75) (21) (21)
Net increase (decrease) in cash and cash equivalents (39) (281) 6
Cash and cash equivalents at beginning of period 2,357 2,638 2,632
Cash and cash equivalents at end of period 2,318 2,357 2,638
Income taxes paid, net 155 439 578
Non-cash investing activity:      
Partnership commitments not yet remitted 108 45 38
Ameriprise Financial [Member]      
Interest paid 163 186 178
Consolidated investment entities [Member]      
Policyholder account balances:      
Cash and cash equivalents at beginning of period 502    
Cash and cash equivalents at end of period 168 502  
Interest paid $ 127 $ 257 $ 190