Segment Information

9 Months Ended

Sep. 30, 2011

Segment Information

Segment Information

15.  Segment Information

The Company’s segments are Advice & Wealth Management, Asset Management, Annuities, Protection and Corporate & Other. The results of operations of Securities America, which were previously included in the Corporate & Other segment, have been presented as discontinued operations for all periods presented and the related assets and liabilities have been classified as held for sale. See Note 1 and Note 16 for additional information on discontinued operations.

The following is a summary of assets by segment:

	September 30, 2011		December 31, 2010
	(in millions)
Advice & Wealth Management	$	12,096	$	11,241
Asset Management	7,492		7,854
Annuities	83,503		84,836
Protection	18,884		18,571
Corporate & Other	8,240		8,539
Assets held for sale	165		173
Total assets	$	130,380	$	131,214

The following is a summary of segment results:

	Three Months Ended September 30, 2011
	Advice &
	Wealth		Asset						Corporate
	Management		Management		Annuities		Protection		& Other			Eliminations			Consolidated
					(in millions)
Revenue from external customers	$	717	$	686	$	648	$	465	$	(49	)	$	—		$	2,467
Intersegment revenue	231		22		38		36		—			(327		)	—
Total revenues	948		708		686		501		(49		)	(327		)	2,467
Banking and deposit interest expense	12		1		—		—		—			(1		)	12
Net revenues	$	936	$	707	$	686	$	501	$	(49	)	$	(326	)	$	2,455
Income (loss) from continuing operations before income tax provision	$	114	$	97	$	136	$	64	$	(164	)	$	—		$	247
Income tax provision															81
Income from continuing operations															166
Income from discontinued operations, net of tax															2
Net income															168
Less: Net loss attributable to noncontrolling interests															(105		)
Net income attributable to Ameriprise Financial															$	273

	Three Months Ended September 30, 2010
	Advice &
	Wealth		Asset						Corporate
	Management		Management		Annuities		Protection		& Other			Eliminations			Consolidated
					(in millions)
Revenue from external customers	$	607	$	641	$	600	$	469	$	32		$	—		$	2,349
Intersegment revenue	238		21		26		31		—			(316		)	—
Total revenues	845		662		626		500		32			(316		)	2,349
Banking and deposit interest expense	15		—		—		—		—			—			15
Net revenues	$	830	$	662	$	626	$	500	$	32		$	(316	)	$	2,334
Income (loss) from continuing operations before income tax provision	$	88	$	104	$	264	$	67	$	(77	)	$	—		$	446
Income tax provision															132
Income from continuing operations															314
Loss from discontinued operations, net of tax															(2		)
Net income															312
Less: Net loss attributable to noncontrolling interests															(32		)
Net income attributable to Ameriprise Financial															$	344

	Nine Months Ended September 30, 2011
	Advice &
	Wealth		Asset						Corporate
	Management		Management		Annuities		Protection		& Other			Eliminations			Consolidated
					(in millions)
Revenue from external customers	$	2,138	$	2,136	$	1,886	$	1,434	$	52		$	—		$	7,646
Intersegment revenue	705		63		106		109		1			(984		)	—
Total revenues	2,843		2,199		1,992		1,543		53			(984		)	7,646
Banking and deposit interest expense	36		2		—		—		—			(2		)	36
Net revenues	$	2,807	$	2,197	$	1,992	$	1,543	$	53		$	(982	)	$	7,610
Income (loss) from continuing operations before income tax provision	$	322	$	329	$	433	$	261	$	(312	)	$	—		$	1,033
Income tax provision															288
Income from continuing operations															745
Loss from discontinued operations, net of tax															(73		)
Net income															672
Less: Net loss attributable to noncontrolling interests															(151		)
Net income attributable to Ameriprise Financial															$	823

	Nine Months Ended September 30, 2010
	Advice &
	Wealth		Asset						Corporate
	Management		Management		Annuities		Protection		& Other		Eliminations			Consolidated
					(in millions)
Revenue from external customers	$	1,861	$	1,533	$	1,782	$	1,455	$	379	$	—		$	7,010
Intersegment revenue	640		62		76		69		1		(848		)	—
Total revenues	2,501		1,595		1,858		1,524		380		(848		)	7,010
Banking and deposit interest expense	53		1		—		—		3		(1		)	56
Net revenues	$	2,448	$	1,594	$	1,858	$	1,524	$	377	$	(847	)	$	6,954
Income from continuing operations before income tax provision	$	219	$	178	$	517	$	320	$	32	$	—		$	1,266
Income tax provision														262
Income from continuing operations														1,004
Income from discontinued operations, net of tax														2
Net income														1,006
Less: Net income attributable to noncontrolling interests														189
Net income attributable to Ameriprise Financial														$	817