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Investments (Tables)
3 Months Ended
Mar. 31, 2017
Investments, Debt and Equity Securities [Abstract]  
Summary of investments [Table Text Block]
The following is a summary of Ameriprise Financial investments:
 
March 31,
2017
 
December 31,
2016
(in millions)
Available-for-Sale securities, at fair value
$
30,582

 
$
30,719

Mortgage loans, net
2,981

 
2,986

Policy and certificate loans
830

 
831

Other investments
1,378

 
1,298

Total
$
35,771

 
$
35,834

Summary of net investment income [Table Text Block]
The following is a summary of net investment income:
 
Three Months Ended March 31,
2017
 
2016
(in millions)
Investment income on fixed maturities
$
337

 
$
343

Net realized gains (losses)
17

 
(16
)
Affordable housing partnerships
(12
)
 
(7
)
Other
24

 
(17
)
Consolidated investment entities
25

 
28

Total
$
391

 
$
331

Available-for-Sale Securities Disclosure [Table Text Block]
Available-for-Sale securities distributed by type were as follows:
Description of Securities
March 31, 2017
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
 
Noncredit OTTI (1)
 
(in millions)
Corporate debt securities
$
15,068

 
$
1,064

 
$
(43
)
 
$
16,089

 
$

Residential mortgage backed securities
6,866

 
80

 
(64
)
 
6,882

 
(1
)
Commercial mortgage backed securities
3,255

 
57

 
(38
)
 
3,274

 

Asset backed securities
1,625

 
34

 
(12
)
 
1,647

 
6

State and municipal obligations
2,221

 
204

 
(25
)
 
2,400

 

U.S. government and agencies obligations
7

 
1

 

 
8

 

Foreign government bonds and obligations
249

 
20

 
(5
)
 
264

 

Common stocks
9

 
10

 
(1
)
 
18

 
6

Total
$
29,300

 
$
1,470

 
$
(188
)
 
$
30,582

 
$
11

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

(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:
Ratings
March 31, 2017
 
December 31, 2016
Amortized Cost
 
Fair Value
 
Percent of 
Total Fair Value
Amortized Cost
 
Fair Value
 
Percent of 
Total Fair Value
 
(in millions, except percentages)
AAA
$
9,351

 
$
9,395

 
31
%
 
$
9,252

 
$
9,305

 
31
%
AA
1,813

 
1,998

 
6

 
1,729

 
1,906

 
6

A
4,976

 
5,394

 
18

 
5,157

 
5,567

 
18

BBB
11,621

 
12,226

 
40

 
11,739

 
12,340

 
40

Below investment grade
1,530

 
1,551

 
5

 
1,585

 
1,579

 
5

Total fixed maturities
$
29,291

 
$
30,564

 
100
%
 
$
29,462

 
$
30,697

 
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
March 31, 2017
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
169

 
$
2,158

 
$
(26
)
 
25

 
$
227

 
$
(17
)
 
194

 
$
2,385

 
$
(43
)
Residential mortgage backed securities
127

 
2,610

 
(35
)
 
168

 
1,237

 
(29
)
 
295

 
3,847

 
(64
)
Commercial mortgage backed securities
102

 
1,487

 
(37
)
 
5

 
32

 
(1
)
 
107

 
1,519

 
(38
)
Asset backed securities
40

 
405

 
(7
)
 
21

 
225

 
(5
)
 
61

 
630

 
(12
)
State and municipal obligations
153

 
326

 
(10
)
 
3

 
115

 
(15
)
 
156

 
441

 
(25
)
Foreign government bonds and obligations
3

 
10

 

 
14

 
21

 
(5
)
 
17

 
31

 
(5
)
Common and preferred stocks

 

 

 
3

 
1

 
(1
)
 
3

 
1

 
(1
)
Total
594

 
$
6,996

 
$
(115
)
 
239

 
$
1,858

 
$
(73
)
 
833

 
$
8,854

 
$
(188
)
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
)
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 March 31,
2017
 
2016
(in millions)
Beginning balance
$
69

 
$
85

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
)
Ending balance
$
70

 
$
81

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 March 31,
2017
 
2016
(in millions)
Gross realized gains
$
19

 
$
4

Gross realized losses

 
(4
)
Other-than-temporary impairments
(1
)
 
(1
)
Total
$
18

 
$
(1
)
Available-for-Sale securities contractual maturity disclosure [Table Text Block]
Available-for-Sale securities by contractual maturity as of March 31, 2017 were as follows:
 
Amortized Cost
 
Fair Value
(in millions)
Due within one year
$
1,701

 
$
1,718

Due after one year through five years
6,725

 
7,021

Due after five years through 10 years
4,712

 
4,832

Due after 10 years
4,407

 
5,190

 
17,545

 
18,761

Residential mortgage backed securities
6,866

 
6,882

Commercial mortgage backed securities
3,255

 
3,274

Asset backed securities
1,625

 
1,647

Common stocks
9

 
18

Total
$
29,300

 
$
30,582