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Investments (Tables)
3 Months Ended
Mar. 31, 2019
Investments, Debt and Equity Securities [Abstract]  
Summary of Investments [Table Text Block] The following is a summary of Ameriprise Financial investments:
 
March 31,
2019
 
December 31,
2018
(in millions)
Available-for-Sale securities, at fair value
$
28,764

 
$
31,058

Mortgage loans, net
2,644

 
2,696

Policy and certificate loans
854

 
861

Other investments
1,201

 
1,210

Total
$
33,463

 
$
35,825

Summary of Net Investment Income [Table Text Block] The following is a summary of net investment income:
 
Three Months Ended March 31,
2019
 
2018
(in millions)
Investment income on fixed maturities
$
353

 
$
329

Net realized gains (losses) (1)
4

 
6

Affordable housing partnerships
(15
)
 
(11
)
Other
32

 
46

Consolidated investment entities
23

 
26

Total
$
397

 
$
396

Available-for-Sale Securities Disclosure [Table Text Block] Available-for-Sale securities distributed by type were as follows:
Description of Securities
March 31, 2019
Amortized Cost
 
Gross
Unrealized Gains
 
Gross
Unrealized Losses
 
Fair Value
 
Noncredit OTTI (1)
 
(in millions)
Corporate debt securities
$
12,185

 
$
813

 
$
(60
)
 
$
12,938

 
$
(6
)
Residential mortgage backed securities
6,291

 
53

 
(43
)
 
6,301

 

Commercial mortgage backed securities
4,810

 
32

 
(41
)
 
4,801

 

Asset backed securities
1,268

 
39

 
(4
)
 
1,303

 
1

State and municipal obligations
1,228

 
201

 
(5
)
 
1,424

 

U.S. government and agencies obligations
1,709

 
1

 

 
1,710

 

Foreign government bonds and obligations
280

 
13

 
(6
)
 
287

 

Total
$
27,771

 
$
1,152

 
$
(159
)
 
$
28,764

 
$
(5
)
Description of Securities
December 31, 2018
Amortized Cost
 
Gross
Unrealized Gains
 
Gross
Unrealized Losses
 
Fair Value
 
Noncredit OTTI (1)
 
(in millions)
Corporate debt securities
$
13,741

 
$
555

 
$
(230
)
 
$
14,066

 
$

Residential mortgage backed securities
6,373

 
34

 
(78
)
 
6,329

 

Commercial mortgage backed securities
4,975

 
18

 
(116
)
 
4,877

 

Asset backed securities
1,373

 
36

 
(11
)
 
1,398

 
1

State and municipal obligations
2,166

 
192

 
(13
)
 
2,345

 

U.S. government and agencies obligations
1,745

 

 

 
1,745

 

Foreign government bonds and obligations
298

 
9

 
(9
)
 
298

 

Total
$
30,671

 
$
844

 
$
(457
)
 
$
31,058

 
$
1

(1) 
Represents the amount of 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.
Fixed Maturity Securities by Rating Disclosure [Table Text Block] A summary of fixed maturity securities by rating was as follows:
Ratings
March 31, 2019
 
December 31, 2018
Amortized Cost
 
Fair Value
 
Percent of Total Fair Value
Amortized Cost
 
Fair Value
 
Percent of Total Fair Value
 
(in millions, except percentages)
AAA
$
13,124

 
$
13,138

 
46
%
 
$
13,399

 
$
13,252

 
43
%
AA
1,174

 
1,334

 
5

 
1,571

 
1,723

 
5

A
2,962

 
3,294

 
11

 
3,667

 
3,899

 
13

BBB
9,549

 
10,041

 
35

 
11,102

 
11,290

 
36

Below investment grade (1)
962

 
957

 
3

 
932

 
894

 
3

Total fixed maturities
$
27,771

 
$
28,764

 
100
%
 
$
30,671

 
$
31,058

 
100
%

(1) 
The amortized cost and fair value of below investment grade securities includes interest in CLOs managed by the Company of $4 million and $6 million, respectively, at March 31, 2019, and $5 million and $6 million, respectively, at December 31, 2018. These securities are not rated but are included in below investment grade due to their risk characteristics.
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, 2019
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
65

 
$
568

 
$
(12
)
 
181

 
$
2,438

 
$
(48
)
 
246

 
$
3,006

 
$
(60
)
Residential mortgage backed securities
73

 
905

 
(4
)
 
194

 
2,415

 
(39
)
 
267

 
3,320

 
(43
)
Commercial mortgage backed securities
33

 
924

 
(3
)
 
118

 
2,001

 
(38
)
 
151

 
2,925

 
(41
)
Asset backed securities
18

 
294

 
(2
)
 
36

 
433

 
(2
)
 
54

 
727

 
(4
)
State and municipal obligations
1

 
40

 
(1
)
 
27

 
152

 
(4
)
 
28

 
192

 
(5
)
Foreign government bonds and obligations
2

 
3

 

 
22

 
48

 
(6
)
 
24

 
51

 
(6
)
Total
192

 
$
2,734

 
$
(22
)
 
578

 
$
7,487

 
$
(137
)
 
770

 
$
10,221

 
$
(159
)
Description of Securities
December 31, 2018
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
345

 
$
5,522

 
$
(152
)
 
148

 
$
1,717

 
$
(78
)
 
493

 
$
7,239

 
$
(230
)
Residential mortgage backed securities
142

 
2,029

 
(18
)
 
175

 
2,132

 
(60
)
 
317

 
4,161

 
(78
)
Commercial mortgage backed securities
104

 
2,062

 
(30
)
 
112

 
1,806

 
(86
)
 
216

 
3,868

 
(116
)
Asset backed securities
38

 
491

 
(6
)
 
35

 
396

 
(5
)
 
73

 
887

 
(11
)
State and municipal obligations
81

 
255

 
(4
)
 
100

 
254

 
(9
)
 
181

 
509

 
(13
)
Foreign government bonds and obligations
17

 
86

 
(4
)
 
14

 
17

 
(5
)
 
31

 
103

 
(9
)
Total
727

 
$
10,445

 
$
(214
)
 
584

 
$
6,322

 
$
(243
)
 
1,311

 
$
16,767

 
$
(457
)
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 OTTI related to credit losses on Available-for-Sale securities for which a portion of the securities’ total OTTI was recognized in OCI:
 
Three Months Ended March 31,
2019
 
2018
(in millions)
Beginning balance
$
2

 
$
2

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

 

Ending balance
$
2

 
$
2

Net Realized Gains and Losses on Available-for-Sale Securities 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,
2019
 
2018
(in millions)
Gross realized investment gains
$
19

 
$
6

Gross realized investment losses
(9
)
 
(1
)
Other-than-temporary impairments
(5
)
 

Total
$
5

 
$
5

Available-for-Sale Securities Contractual Maturity Disclosure [Table Text Block] Available-for-Sale securities by contractual maturity as of March 31, 2019 were as follows:
 
Amortized Cost
 
Fair Value
(in millions)
Due within one year
$
3,194

 
$
3,197

Due after one year through five years
4,710

 
4,779

Due after five years through 10 years
3,294

 
3,400

Due after 10 years
4,204

 
4,983

 
15,402

 
16,359

Residential mortgage backed securities
6,291

 
6,301

Commercial mortgage backed securities
4,810

 
4,801

Asset backed securities
1,268

 
1,303

Total
$
27,771

 
$
28,764