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Investments (Rating info) (Details) - Ameriprise Financial - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Investments    
Amortized cost $ 33,858 $ 33,601
Fair value $ 36,146 $ 36,283
Percent of total fair value 100.00% 100.00%
Percentage of GNMA, FNMA and FHLMC securities rated AAA 31.00% 33.00%
Investment holdings of single issuer other than GNMA, FNMA and FHLMC greater than 10% of shareholders equity $ 0 $ 0
AAA    
Investments    
Amortized cost 19,979 19,815
Fair value $ 20,320 $ 20,253
Percent of total fair value 56.00% 56.00%
AA    
Investments    
Amortized cost $ 1,127 $ 1,082
Fair value $ 1,331 $ 1,312
Percent of total fair value 4.00% 3.00%
A    
Investments    
Amortized cost $ 2,488 $ 2,953
Fair value $ 2,965 $ 3,534
Percent of total fair value 8.00% 10.00%
BBB    
Investments    
Amortized cost $ 8,987 $ 8,271
Fair value $ 10,093 $ 9,542
Percent of total fair value 28.00% 26.00%
Below investment grade    
Investments    
Amortized cost [1] $ 1,277 $ 1,480
Fair value [1] $ 1,437 $ 1,642
Percent of total fair value 4.00% 5.00%
Interest in CLOs managed by the Company [Member] | Below investment grade    
Investments    
Amortized cost $ 1 $ 3
Fair value $ 1 $ 3
[1] Both the amortized cost and fair value of below investment grade securities includes interest in non-consolidated CLOs managed by the Company of $1 million as of June 30, 2021, and $3 million as of December 31, 2020. These securities are not rated but are included in below investment grade due to their risk characteristics.