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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Dec. 31, 2021
Cash Flows from Operating Activities        
Net income $ 417 $ 825 [1] $ 3,149 $ 3,417
Adjustments to reconcile net income to net cash provided by (used in) operating activities:        
Depreciation, amortization and accretion, net (35) (12) [2]    
Deferred income tax expense (benefit) (48) 171 [2]    
Share-based compensation 46 44 [2]    
Net realized investment gains (7) (18) [2]    
Net trading (gains) losses (9) 0 [2]    
Loss from equity method investments 11 12 [2]    
Impairments and provision for loan and credit losses 5 0 [2]    
Net (gains) losses of consolidated investment entities 6 3 [2]    
Changes in operating assets and liabilities:        
Restricted and segregated investments (123) (124) [2]    
Deferred acquisition costs 23 15 [2]    
Policyholder account balances, future policy benefits and claims, and market risk benefits, net 1,073 (236) [2]    
Derivatives, net of collateral (242) (4) [2]    
Receivables 256 (96) [2]    
Brokerage deposits (314) 120 [2]    
Accounts payable and accrued expenses (219) (461) [2]    
Current income tax, net 80 (27) [2]    
Deferred taxes, net 7 2 [2]    
Other operating assets and liabilities of consolidated investment entities, net (6) 8 [2]    
Other, net 135 187 [2]    
Net cash provided by (used in) operating activities 1,056 409 [2]    
Available-for-Sale securities:        
Proceeds from sales 313 0 [2]    
Maturities, sinking fund payments and calls 1,464 2,209 [2]    
Purchases (5,098) (3,972) [2]    
Proceeds from sales, maturities and repayments of mortgage loans 41 32 [2]    
Funding of mortgage loans (52) (51) [2]    
Proceeds from sales, maturities and collections of other investments 31 15 [2]    
Purchase of other investments (24) (5) [2]    
Purchase of investments by consolidated investment entities (122) (190) [2]    
Proceeds from sales, maturities and repayments of investments by consolidated investment entities 182 183 [2]    
Purchase of land, buildings, equipment and software (41) (44) [2]    
Cash paid for written options with deferred premiums (59) 0 [2]    
Cash received from written options with deferred premiums 24 12 [2]    
Cash paid for deposit receivables (10) (12) [2]    
Cash received for deposit receivables 210 134 [2]    
Other, net (5) 24 [2]    
Net cash provided by (used in) investing activities (3,146) (1,665) [2]    
Investment certificates:        
Proceeds from additions 3,590 733 [2]    
Maturities, withdrawals and cash surrenders (1,822) (835) [2]    
Policyholder account balances:        
Deposits and other additions 339 285 [2]    
Net transfers from (to) separate accounts (19) (57) [2]    
Surrenders and other benefits (569) (328) [2]    
Change in banking deposits, net 1,702 1,802 [2]    
Cash paid for purchased options with deferred premiums (24) (71) [2]    
Cash received from purchased options with deferred premiums 8 168 [2]    
Issuance of long-term debt, net of issuance costs 741 0 [2]    
Repayments of long-term debt (2) (502) [2]    
Dividends paid to shareholders (134) (129) [2]    
Repurchase of common shares (617) (541) [2]    
Repayments of debt by consolidated investment entities (31) (1) [2]    
Other, net 0 (6) [2]    
Net cash provided by (used in) financing activities 3,162 518 [2]    
Effect of exchange rate changes on cash 11 (20) [2]    
Net increase (decrease) in cash and cash equivalents, including amounts restricted 1,083 (758) [2]    
Cash and cash equivalents, including amounts restricted, at beginning of period 8,755 9,569 [2] 9,569 [2]  
Cash and cash equivalents, including amounts restricted, at end of period 9,838 8,811 [2] 8,755 9,569 [2]
Supplemental Disclosures:        
Income taxes paid, net 33 34 [2]    
Leased assets obtained in exchange for operating lease liabilities 7 13 [2]    
Reconciliation of cash and cash equivalents, including amounts restricted:        
Restricted and segregated cash, cash equivalents and investments 1,984   2,229 [3]  
Less: Restricted and segregated investments (694)   (571)  
Total cash and cash equivalents including amounts restricted 9,838 8,811 [2] 8,755 $ 9,569 [2]
Ameriprise Financial        
Supplemental Disclosures:        
Interest paid 112 27 [2]    
Reconciliation of cash and cash equivalents, including amounts restricted:        
Cash and cash equivalents 8,386   6,964 [3]  
Consolidated investment entities        
Supplemental Disclosures:        
Interest paid 44 $ 13 [2]    
Reconciliation of cash and cash equivalents, including amounts restricted:        
Cash and cash equivalents $ 162   $ 133 [3]  
[1] Certain prior period amounts have been restated. See Note 3 for more information.
[2] Certain prior period amounts have been restated. See Note 3 for more information.
[3] Certain prior period amounts have been restated. See Note 3 for more information.