Earnings per Share Attributable to Ameriprise Financial, Inc. Common Shareholders

9 Months Ended

Sep. 30, 2020

Earnings per share attributable to Ameriprise Financial, Inc. common shareholders [Text Block]

The computations of basic and diluted earnings per share is as follows:


	Three Months Ended September 30,					Nine Months Ended September 30,
	2020			2019		2020		2019
	(in millions, except per share amounts)
Numerator:
Net income	$	(140)		$	543	$	1,357	$	1,430

Denominator:
Basic: Weighted-average common shares outstanding	123.0			132.7		124.8		135.8
Effect of potentially dilutive nonqualified stock options and other share-based awards	1.9			1.8		1.7		1.7
Diluted: Weighted-average common shares outstanding	124.9			134.5		126.5		137.5

Earnings per share:
Basic	$	(1.14)		$	4.09	$	10.87	$	10.53
Diluted	$	(1.14)	(1)	$	4.04	$	10.73	$	10.40

(1) Diluted shares used in this calculation represent basic shares due to the net loss. Using actual diluted shares would result in anti-dilution.

The calculation of diluted earnings per share excludes the incremental effect of 1.5 million and 1.0 million options as of September 30, 2020 and 2019, respectively, due to their anti-dilutive effect.