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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
[2]
Dec. 31, 2022
Dec. 31, 2021
Cash Flows from Operating Activities            
Net income $ 872 $ 1,061 [1] $ 2,179 $ 2,500 $ 3,149 $ 3,417
Adjustments to reconcile net income to net cash provided by (used in) operating activities:            
Depreciation, amortization and accretion, net     (114) (11)    
Deferred income tax expense (benefit)     106 292    
Share-based compensation     138 127    
Net realized investment (gains) losses     47 (5)    
Net trading (gains) losses     (6) 8    
Loss from equity method investments     19 25    
Impairments and provision for loan and credit losses     (15) 93    
Net (gains) losses of consolidated investment entities     18 5    
Changes in operating assets and liabilities:            
Restricted and segregated investments     (107) (246)    
Deferred acquisition costs     52 48    
Policyholder account balances, future policy benefits and claims, and market risk benefits, net     1,231 324    
Derivatives, net of collateral     (431) 465    
Receivables     324 (138)    
Brokerage deposits     (615) (168)    
Accounts payable and accrued expenses     64 (414)    
Current income tax, net     (338) (61)    
Deferred taxes, net     1 10    
Other operating assets and liabilities of consolidated investment entities, net     (8) 1    
Other, net     (3) 335    
Net cash provided by (used in) operating activities     2,542 3,190    
Available-for-Sale securities:            
Proceeds from sales     726 738    
Maturities, sinking fund payments and calls     6,660 5,849    
Purchases     (15,194) (15,452)    
Proceeds from sales, maturities and repayments of mortgage loans     108 111    
Funding of mortgage loans     (187) (147)    
Proceeds from sales, maturities and collections of other investments     115 48    
Purchase of other investments     (73) (75)    
Purchase of investments by consolidated investment entities     (347) (763)    
Proceeds from sales, maturities and repayments of investments by consolidated investment entities     492 466    
Purchase of land, buildings, equipment and software     (134) (126)    
Cash paid for written options with deferred premiums     (59) (411)    
Cash received from written options with deferred premiums     43 141    
Cash returned (paid) for acquisition of business, net of cash acquired     0 34    
Cash paid for deposit receivables     (30) (34)    
Cash received for deposit receivables     579 393    
Other, net     (41) (13)    
Net cash provided by (used in) investing activities     (7,342) (9,241)    
Investment certificates:            
Proceeds from additions     8,572 3,844    
Maturities, withdrawals and cash surrenders     (5,279) (2,942)    
Policyholder account balances:            
Deposits and other additions     1,033 766    
Net transfers from (to) separate accounts     (89) (128)    
Surrenders and other benefits     (1,539) (989)    
Change in banking deposits, net     2,666 7,173    
Cash paid for purchased options with deferred premiums     (49) (159)    
Cash received from purchased options with deferred premiums     251 230    
Issuance of long-term debt, net of issuance costs     741 495    
Repayments of long-term debt     (8) (507)    
Dividends paid to shareholders     (414) (401)    
Repurchase of common shares     (1,660) (1,490)    
Borrowings of consolidated investment entities     0 341    
Repayments of debt by consolidated investment entities     (197) (1)    
Other, net     2 (19)    
Net cash provided by (used in) financing activities     4,030 6,213    
Effect of exchange rate changes on cash     6 (116)    
Net increase (decrease) in cash and cash equivalents, including amounts restricted     (764) 46    
Cash and cash equivalents, including amounts restricted, at beginning of period     8,755 9,569 9,569 [2]  
Cash and cash equivalents, including amounts restricted, at end of period 7,991 9,615 [2] 7,991 9,615 8,755 9,569 [2]
Supplemental Disclosures:            
Income taxes paid, net     796 367    
Leased assets obtained in exchange for operating lease liabilities     58 42    
Reconciliation of cash and cash equivalents, including amounts restricted:            
Restricted and segregated cash, cash equivalents and investments 1,569   1,569   2,229 [3]  
Less: Restricted and segregated investments (679)   (679)   (571)  
Total cash and cash equivalents including amounts restricted 7,991 $ 9,615 [2] 7,991 9,615 8,755 $ 9,569 [2]
Ameriprise Financial            
Supplemental Disclosures:            
Interest paid     438 89    
Reconciliation of cash and cash equivalents, including amounts restricted:            
Cash and cash equivalents 7,010   7,010   6,964 [3]  
Consolidated investment entities            
Supplemental Disclosures:            
Interest paid     132 $ 49    
Reconciliation of cash and cash equivalents, including amounts restricted:            
Cash and cash equivalents $ 91   $ 91   $ 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.