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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues        
Management and financial advice fees $ 1,172 $ 910 $ 2,309 $ 1,642
Distribution fees 416 387 813 713
Net investment income 498 655 1,013 1,244
Premiums 312 299 604 581
Other revenues 236 231 440 481
Total revenues 2,634 2,482 5,179 4,661
Banking and deposit interest expense 11 20 24 41
Total net revenues 2,623 2,462 5,155 4,620
Expenses        
Distribution expenses 643 528 1,262 964
Interest credited to fixed accounts 212 231 419 459
Benefits, claims, losses and settlement expenses 406 297 788 649
Amortization of deferred acquisition costs 138 171 254 289
Interest and debt expense 75 74 150 138
General and administrative expense 750 699 1,496 1,301
Total expenses 2,224 2,000 4,369 3,800
Income (loss) from continuing operations before income tax provision 399 462 786 820
Income tax provision 114 66 207 130
Income (loss) from continuing operations 285 396 579 690
Income (loss) from discontinued operations, net of tax (4) 2 (75) 4
Net income (loss) 281 398 504 694
Less: Net income (loss) attributable to noncontrolling interests (28) 139 (46) 221
Net income attributable to Ameriprise Financial 309 259 550 473
Basic        
Income from continuing operations (in dollars per share) $ 1.28 $ 0.98 $ 2.51 $ 1.80
Income (loss) from discontinued operations (in dollars per share) $ (0.02) $ 0.01 $ (0.30) $ 0.01
Net income (in dollars per share) $ 1.26 $ 0.99 $ 2.21 $ 1.81
Diluted        
Income from continuing operations (in dollars per share) $ 1.25 $ 0.97 $ 2.46 $ 1.77
Income (loss) from discontinued operations (in dollars per share) $ (0.02) $ 0.01 $ (0.30) $ 0.01
Net income (in dollars per share) $ 1.23 $ 0.98 $ 2.16 $ 1.78
Weighted average common shares outstanding        
Basic (in shares) 245.5 261.1 248.5 260.9
Diluted (in shares) 251.0 265.3 254.3 265.1
Cash dividends paid per common share (in dollars per share) $ 0.23 $ 0.18 $ 0.41 $ 0.35
Net investment income:        
Net investment income before impairment losses on securities 514 656 1,031 1,275
Total other-than-temporary impairment losses on securities (43)   (43) (32)
Portion of loss recognized in other comprehensive income 27 (1) 25 1
Net impairment losses recognized in net investment income (16) (1) (18) (31)
Net investment income $ 498 $ 655 $ 1,013 $ 1,244