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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets    
Market risk benefits $ 1,427 $ 1,015 [1]
Separate account assets 77,457 73,962 [1]
Deferred acquisition costs 2,713 2,777 [1]
Restricted and segregated cash, cash equivalents and investments 1,635 2,229 [1]
Total assets 175,191 158,852 [1]
Liabilities:    
Policyholder account balances, future policy benefits and claims 37,545 34,132 [1]
Market risk benefits 1,762 2,118 [1]
Separate account liabilities 77,457 73,962 [1]
Customer deposits 37,321 30,775 [1]
Short-term borrowings 201 201 [1]
Accounts payable and accrued liabilities 2,603 2,242 [1]
Total liabilities 170,462 155,049 [1]
Equity:    
Common shares ($0.01 par value; shares authorized, 1,250,000,000; shares issued, 336,780,893 and 335,864,062, respectively) 3 3 [1]
Additional paid-in capital 9,824 9,517 [1]
Retained earnings 21,905 19,918 [1]
Treasury shares, at cost (236,607,681 and 230,585,072 shares, respectively) (25,237) (23,089) [1]
Accumulated other comprehensive income (loss), net of tax (1,766) (2,546) [1]
Total equity 4,729 3,803 [1],[2]
Total liabilities and equity 175,191 158,852 [1]
Ameriprise Financial    
Assets    
Cash and cash equivalents 7,477 6,964 [1]
Investments 55,489 44,524 [1]
Receivables 15,078 15,595 [1]
Other assets 11,700 9,277 [1]
Liabilities:    
Short-term borrowings 201 201
Long-term debt 3,399 2,821 [1]
Other liabilities 7,974 6,316 [1]
Consolidated investment entities    
Assets    
Cash and cash equivalents 87 133 [1]
Investments 2,099 2,354 [1]
Receivables 28 20 [1]
Other assets 1 2 [1]
Liabilities:    
Long-term debt 2,155 2,363 [1]
Other liabilities $ 45 $ 119 [1]
[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.