Basis of Presentation (Tables)

12 Months Ended

Dec. 31, 2012

Basis of Presentation

Effect of adopting the updated accounting standard for deferred acquisition costs

	Year Ended December 31, 2011
	Previously Reported			Effect of Change			As Adjusted
	(in millions)
Revenues
Total net revenues	$	10,192		$	—		$	10,192
Expenses
Distribution expenses		2,497			62			2,559
Interest credited to fixed accounts		853			3			856
Benefits, claims, losses and settlement expenses		1,557			—			1,557
Amortization of deferred acquisition costs		618			(221	)		397
Interest and debt expense		317			—			317
General and administrative expense		2,965			94			3,059
Total expenses		8,807			(62	)		8,745
Income from continuing operations before income tax provision		1,385			62			1,447
Income tax provision		355			22			377
Income from continuing operations		1,030			40			1,070
Loss from discontinued operations, net of tax		(60	)		—			(60	)
Net income		970			40			1,010
Less: Net loss attributable to noncontrolling interests		(106	)		—			(106	)
Net income attributable to Ameriprise Financial	$	1,076		$	40		$	1,116
Earnings per share attributable to Ameriprise Financial, Inc. common shareholders
Basic
Income from continuing operations	$	4.71		$	0.16		$	4.87
Loss from discontinued operations		(0.25	)		—			(0.25	)
Net income	$	4.46		$	0.16		$	4.62
Diluted
Income from continuing operations	$	4.61		$	0.16		$	4.77
Loss from discontinued operations		(0.24	)		—			(0.24	)
Net income	$	4.37		$	0.16		$	4.53

	Year Ended December 31, 2010
	Previously Reported			Effect of Change			As Adjusted
	(in millions)
Revenues
Total net revenues	$	9,512		$	—		$	9,512
Expenses
Distribution expenses		2,065			70			2,135
Interest credited to fixed accounts		909			—			909
Benefits, claims, losses and settlement expenses		1,750			—			1,750
Amortization of deferred acquisition costs		127			(13	)		114
Interest and debt expense		290			—			290
General and administrative expense		2,737			108			2,845
Total expenses		7,878			165			8,043
Income from continuing operations before income tax provision		1,634			(165	)		1,469
Income tax provision		350			(57	)		293
Income from continuing operations		1,284			(108	)		1,176
Loss from discontinued operations, net of tax		(24	)		—			(24	)
Net income		1,260			(108	)		1,152
Less: Net income attributable to noncontrolling interests		163			—			163
Net income attributable to Ameriprise Financial	$	1,097		$	(108	)	$	989
Earnings per share attributable to Ameriprise Financial, Inc. common shareholders
Basic
Income from continuing operations	$	4.36		$	(0.42	)	$	3.94
Loss from discontinued operations		(0.10	)		—			(0.10	)
Net income	$	4.26		$	(0.42	)	$	3.84
Diluted
Income from continuing operations	$	4.27		$	(0.41	)	$	3.86
Loss from discontinued operations		(0.09	)		—			(0.09	)
Net income	$	4.18		$	(0.41	)	$	3.77

	December 31, 2011
	Previously Reported		Effect of Change			As Adjusted
	(in millions)
Assets
Deferred acquisition costs	$	4,402	$	(1,962	)	$	2,440
Other assets		7,468		283			7,751
Total assets		133,986		(1,679	)		132,307
Liabilities and Equity
Liabilities:
Future policy benefits and claims		31,723		(13	)		31,710
Other liabilities		5,432		(399	)		5,033
Total liabilities		123,025		(412	)		122,613
Equity:
Retained earnings		6,983		(1,380	)		5,603
Accumulated other comprehensive income, net of tax		638		113			751
Total equity		10,961		(1,267	)		9,694
Total liabilities and equity		133,986		(1,679	)		132,307

	December 31, 2010
	Previously Reported		Effect of Change			As Adjusted
	(in millions)
Retained earnings	$	6,190	$	(1,420	)	$	4,770
Accumulated other comprehensive income, net of tax		565		85			650
Total equity		11,285		(1,335	)		9,950

	January 1, 2010
	Previously Reported		Effect of Change			As Adjusted
	(in millions)
Retained earnings	$	5,276	$	(1,312	)	$	3,964
Accumulated other comprehensive income, net of tax		265		40			305
Total equity		9,872		(1,272	)		8,600