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Fair Value of Assets and Liabilities Fair Vaues of Assets and Liabilities (Recurring) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Liabilities    
Individual contracts in a liability position [1],[2] $ 7,693 $ 5,229
Individual contracts in an asset position [3] 5,870 4,361
Cumulative increase(decrease) in embedded derivatives due to nonperformance (727) (502)
GMWB and GMAB embedded derivatives [Member]    
Liabilities    
Individual contracts in a liability position 2,400 981
Individual contracts in an asset position 67 218
Ameriprise Financial [Member]    
Assets    
Available-for-sale securities 36,283 33,129
Separate account assets measured at NAV 92,611 87,488
Investments and cash equivalents segregated for regulatory purposes 2,558 2,386
Ameriprise Financial [Member] | Corporate debt securities [Member]    
Assets    
Available-for-sale securities 13,674 12,187
Ameriprise Financial [Member] | Residential mortgage backed securities [Member]    
Assets    
Available-for-sale securities 10,029 10,029
Ameriprise Financial [Member] | Commercial mortgage backed securities [Member]    
Assets    
Available-for-sale securities 6,088 5,563
Ameriprise Financial [Member] | Asset backed securities [Member]    
Assets    
Available-for-sale securities 3,329 2,006
Ameriprise Financial [Member] | State and municipal obligations [Member]    
Assets    
Available-for-sale securities 1,384 1,367
Ameriprise Financial [Member] | U.S. government and agencies obligations [Member]    
Assets    
Available-for-sale securities 1,456 1,680
Ameriprise Financial [Member] | Foreign government bonds and obligations [Member]    
Assets    
Available-for-sale securities 262 271
Ameriprise Financial [Member] | Recurring basis [Member]    
Assets    
Cash equivalents 5,441 3,191
Available-for-sale securities 36,283 33,129
Equity securities   1
Investments measured at NAV [4] 8 6
Trading securities 88 38
Separate account assets measured at NAV [4] 92,611 87,488
Investments and cash equivalents segregated for regulatory purposes 600 14
Other assets 5,870 4,361
Total assets at fair value 140,901 128,228
Liabilities    
Policyholder account balances, future policy benefits and claims 3,373 [5] 1,690 [6]
Customer deposits 8 14
Other liabilities 4,360 3,579
Total liabilities at fair value 7,741 5,283
Ameriprise Financial [Member] | Recurring basis [Member] | Other liabilities [Member]    
Liabilities    
Other liabilities 48 54
Ameriprise Financial [Member] | Recurring basis [Member] | Interest rate derivative contracts [Member]    
Assets    
Other assets 1,755 1,455
Liabilities    
Other liabilities 734 418
Ameriprise Financial [Member] | Recurring basis [Member] | Equity derivate dontracts [Member]    
Assets    
Other assets 4,090 2,884
Liabilities    
Other liabilities 3,571 3,098
Ameriprise Financial [Member] | Recurring basis [Member] | Credit Risk Contract [Member]    
Assets    
Other assets 2 4
Liabilities    
Other liabilities 1  
Ameriprise Financial [Member] | Recurring basis [Member] | Foreign exchange derivative contracts [Member]    
Assets    
Other assets 23 18
Liabilities    
Other liabilities 6 9
Ameriprise Financial [Member] | Recurring basis [Member] | Indexed annuity embedded derivatives [Member]    
Liabilities    
Policyholder account balances, future policy benefits and claims 52 46
Ameriprise Financial [Member] | Recurring basis [Member] | IUL embedded derivatives [Member]    
Liabilities    
Policyholder account balances, future policy benefits and claims 935 881
Ameriprise Financial [Member] | Recurring basis [Member] | GMWB and GMAB embedded derivatives [Member]    
Liabilities    
Policyholder account balances, future policy benefits and claims 2,316 [7] 763 [8]
Ameriprise Financial [Member] | Recurring basis [Member] | Structured annuity embedded derivatives [Member]    
Liabilities    
Policyholder account balances, future policy benefits and claims 70  
Ameriprise Financial [Member] | Recurring basis [Member] | Corporate debt securities [Member]    
Assets    
Available-for-sale securities 13,674 12,187
Ameriprise Financial [Member] | Recurring basis [Member] | Residential mortgage backed securities [Member]    
Assets    
Available-for-sale securities 10,029 10,029
Ameriprise Financial [Member] | Recurring basis [Member] | Commercial mortgage backed securities [Member]    
Assets    
Available-for-sale securities 6,088 5,563
Ameriprise Financial [Member] | Recurring basis [Member] | Asset backed securities [Member]    
Assets    
Available-for-sale securities 3,329 2,006
Ameriprise Financial [Member] | Recurring basis [Member] | State and municipal obligations [Member]    
Assets    
Available-for-sale securities 1,384 1,367
Ameriprise Financial [Member] | Recurring basis [Member] | U.S. government and agencies obligations [Member]    
Assets    
Available-for-sale securities 1,456 1,680
Ameriprise Financial [Member] | Recurring basis [Member] | Foreign government bonds and obligations [Member]    
Assets    
Available-for-sale securities 262 271
Ameriprise Financial [Member] | Recurring basis [Member] | Other investments [Member]    
Assets    
Available-for-sale securities 61 26
Ameriprise Financial [Member] | Recurring basis [Member] | Level 1 [Member]    
Assets    
Cash equivalents 2,935 267
Available-for-sale securities 1,456 1,680
Equity securities   1
Trading securities 61 12
Investments and cash equivalents segregated for regulatory purposes 600 14
Other assets 410 163
Total assets at fair value 5,462 2,137
Liabilities    
Other liabilities 187 43
Total liabilities at fair value 187 43
Ameriprise Financial [Member] | Recurring basis [Member] | Level 1 [Member] | Other liabilities [Member]    
Liabilities    
Other liabilities 2 6
Ameriprise Financial [Member] | Recurring basis [Member] | Level 1 [Member] | Interest rate derivative contracts [Member]    
Assets    
Other assets 1  
Ameriprise Financial [Member] | Recurring basis [Member] | Level 1 [Member] | Equity derivate dontracts [Member]    
Assets    
Other assets 408 162
Liabilities    
Other liabilities 183 36
Ameriprise Financial [Member] | Recurring basis [Member] | Level 1 [Member] | Foreign exchange derivative contracts [Member]    
Assets    
Other assets 1 1
Liabilities    
Other liabilities 2 1
Ameriprise Financial [Member] | Recurring basis [Member] | Level 1 [Member] | U.S. government and agencies obligations [Member]    
Assets    
Available-for-sale securities 1,456 1,680
Ameriprise Financial [Member] | Recurring basis [Member] | Level 2 [Member]    
Assets    
Cash equivalents 2,506 2,924
Available-for-sale securities 34,014 30,663
Trading securities 27 26
Other assets 5,460 4,198
Total assets at fair value 42,007 37,811
Liabilities    
Policyholder account balances, future policy benefits and claims 3 3
Customer deposits 8 14
Other liabilities 4,130 3,492
Total liabilities at fair value 4,141 3,509
Ameriprise Financial [Member] | Recurring basis [Member] | Level 2 [Member] | Other liabilities [Member]    
Liabilities    
Other liabilities 3 4
Ameriprise Financial [Member] | Recurring basis [Member] | Level 2 [Member] | Interest rate derivative contracts [Member]    
Assets    
Other assets 1,754 1,455
Liabilities    
Other liabilities 734 418
Ameriprise Financial [Member] | Recurring basis [Member] | Level 2 [Member] | Equity derivate dontracts [Member]    
Assets    
Other assets 3,682 2,722
Liabilities    
Other liabilities 3,388 3,062
Ameriprise Financial [Member] | Recurring basis [Member] | Level 2 [Member] | Credit Risk Contract [Member]    
Assets    
Other assets 2 4
Liabilities    
Other liabilities 1  
Ameriprise Financial [Member] | Recurring basis [Member] | Level 2 [Member] | Foreign exchange derivative contracts [Member]    
Assets    
Other assets 22 17
Liabilities    
Other liabilities 4 8
Ameriprise Financial [Member] | Recurring basis [Member] | Level 2 [Member] | Indexed annuity embedded derivatives [Member]    
Liabilities    
Policyholder account balances, future policy benefits and claims 3 3
Ameriprise Financial [Member] | Recurring basis [Member] | Level 2 [Member] | Corporate debt securities [Member]    
Assets    
Available-for-sale securities 12,902 11,437
Ameriprise Financial [Member] | Recurring basis [Member] | Level 2 [Member] | Residential mortgage backed securities [Member]    
Assets    
Available-for-sale securities 10,020 10,012
Ameriprise Financial [Member] | Recurring basis [Member] | Level 2 [Member] | Commercial mortgage backed securities [Member]    
Assets    
Available-for-sale securities 6,088 5,563
Ameriprise Financial [Member] | Recurring basis [Member] | Level 2 [Member] | Asset backed securities [Member]    
Assets    
Available-for-sale securities 3,297 1,987
Ameriprise Financial [Member] | Recurring basis [Member] | Level 2 [Member] | State and municipal obligations [Member]    
Assets    
Available-for-sale securities 1,384 1,367
Ameriprise Financial [Member] | Recurring basis [Member] | Level 2 [Member] | Foreign government bonds and obligations [Member]    
Assets    
Available-for-sale securities 262 271
Ameriprise Financial [Member] | Recurring basis [Member] | Level 2 [Member] | Other investments [Member]    
Assets    
Available-for-sale securities 61 26
Ameriprise Financial [Member] | Recurring basis [Member] | Level 3 [Member]    
Assets    
Available-for-sale securities 813 786
Total assets at fair value 813 786
Liabilities    
Policyholder account balances, future policy benefits and claims 3,370 1,687
Other liabilities 43 44
Total liabilities at fair value 3,413 1,731
Ameriprise Financial [Member] | Recurring basis [Member] | Level 3 [Member] | Other liabilities [Member]    
Liabilities    
Other liabilities 43 44
Ameriprise Financial [Member] | Recurring basis [Member] | Level 3 [Member] | Indexed annuity embedded derivatives [Member]    
Liabilities    
Policyholder account balances, future policy benefits and claims 49  
Ameriprise Financial [Member] | Recurring basis [Member] | Level 3 [Member] | IUL embedded derivatives [Member]    
Liabilities    
Policyholder account balances, future policy benefits and claims 935  
Ameriprise Financial [Member] | Recurring basis [Member] | Level 3 [Member] | GMWB and GMAB embedded derivatives [Member]    
Liabilities    
Policyholder account balances, future policy benefits and claims 2,316  
Ameriprise Financial [Member] | Recurring basis [Member] | Level 3 [Member] | Structured annuity embedded derivatives [Member]    
Liabilities    
Policyholder account balances, future policy benefits and claims 70  
Ameriprise Financial [Member] | Recurring basis [Member] | Level 3 [Member] | Corporate debt securities [Member]    
Assets    
Available-for-sale securities 772 750
Ameriprise Financial [Member] | Recurring basis [Member] | Level 3 [Member] | Residential mortgage backed securities [Member]    
Assets    
Available-for-sale securities 9 17
Ameriprise Financial [Member] | Recurring basis [Member] | Level 3 [Member] | Asset backed securities [Member]    
Assets    
Available-for-sale securities $ 32 $ 19
[1] The fair value of freestanding derivative liabilities is included in Other liabilities on the Consolidated Balance Sheets. The fair value of GMWB and GMAB, IUL, and fixed deferred indexed annuity and structured variable annuity embedded derivatives is included in Policyholder account balances, future policy benefits and claims on the Consolidated Balance Sheets. The fair value of the SMC embedded derivative liability is included in Customer deposits on the Consolidated Balance Sheets.
[2] The fair value of the Company’s derivative liabilities after considering the effects of master netting arrangements, cash collateral held by the same counterparty and the fair value of net embedded derivatives was $3.7 billion and $2.3 billion as of December 31, 2020 and 2019, respectively. See Note 16 for additional information related to master netting arrangements and cash collateral.
[3] The fair value of freestanding derivative assets is included in Other assets on the Consolidated Balance Sheets.
[4] Amounts are comprised of certain financial instruments that are measured at fair value using the NAV per share (or its equivalent) as a practical expedient and have not been classified in the fair value hierarchy.
[5] The Company’s adjustment for nonperformance risk resulted in a $727 million cumulative decrease to the embedded derivatives as of December 31, 2020.
[6] The Company’s adjustment for nonperformance risk resulted in a $502 million cumulative decrease to the embedded derivatives as of December 31, 2019.
[7] The fair value of the GMWB and GMAB embedded derivatives included $2.4 billion of individual contracts in a liability position and $67 million of individual contracts in an asset position (recorded as a contra liability) as of December 31, 2020.
[8] The fair value of the GMWB and GMAB embedded derivatives included $981 million of individual contracts in a liability position and $218 million of individual contracts in an asset position (recorded as a contra liability) as of December 31, 2019.