XML 46 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues        
Management and financial advice fees $ 1,152 $ 1,172 $ 2,284 $ 2,309
Distribution fees 396 416 798 813
Net investment income 472 498 1,003 1,013
Premiums 302 312 603 604
Other revenues 202 236 408 440
Total revenues 2,524 2,634 5,096 5,179
Banking and deposit interest expense 10 11 21 24
Total net revenues 2,514 2,623 5,075 5,155
Expenses        
Distribution expenses 663 659 1,329 1,293
Interest credited to fixed accounts 209 212 415 420
Benefits, claims, losses and settlement expenses 396 405 888 788
Amortization of deferred acquisition costs 99 89 130 164
Interest and debt expense 72 75 141 150
General and administrative expense 776 774 1,551 1,545
Total expenses 2,215 2,214 4,454 4,360
Income from continuing operations before income tax provision 299 409 621 795
Income tax provision 128 118 201 210
Income from continuing operations 171 291 420 585
Loss from discontinued operations, net of tax (1) (4) (2) (75)
Net income 170 287 418 510
Less: Net loss attributable to noncontrolling interests (53) (28) (49) (46)
Net income attributable to Ameriprise Financial 223 315 467 556
Basic        
Income from continuing operations (in dollars per share) $ 1.01 $ 1.30 $ 2.09 $ 2.54
Loss from discontinued operations (in dollars per share)   $ (0.02) $ (0.01) $ (0.30)
Net income (in dollars per share) $ 1.01 $ 1.28 $ 2.08 $ 2.24
Diluted        
Income from continuing operations (in dollars per share) $ 0.99 $ 1.27 $ 2.05 $ 2.48
Loss from discontinued operations (in dollars per share)   $ (0.02) $ (0.01) $ (0.30)
Net income (in dollars per share) $ 0.99 $ 1.25 $ 2.04 $ 2.18
Cash dividends declared per common share (in dollars per share) $ 0.35 $ 0.23 $ 0.35 $ 0.41
Supplemental Disclosures:        
Total other-than-temporary impairment losses on securities (14) (43) (19) (43)
Portion of loss recognized in other comprehensive income (before taxes) 6 27 5 25
Net impairment losses recognized in net investment income $ (8) $ (16) $ (14) $ (18)