v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Assets    
Market risk benefits $ 2,274 $ 2,182
Separate account assets 80,044 78,114
Deferred acquisition costs 2,625 2,677
Restricted and segregated cash, cash equivalents and investments 1,055 1,444
Total assets 190,904 181,403
Liabilities:    
Policyholder account balances, future policy benefits and claims 46,498 41,873
Market risk benefits 1,182 1,263
Separate account liabilities 80,044 78,114
Customer deposits 33,750 35,826
Short-term borrowings 200 201
Accounts payable and accrued expenses 2,982 2,704
Total liabilities 184,355 176,175
Equity:    
Common shares ($0.01 par value; shares authorized, 1,250,000,000; shares issued, 338,058,287 and 337,729,050, respectively) 3 3
Additional paid-in capital 10,377 10,141
Retained earnings 27,662 24,713
Treasury shares, at cost (246,794,407 and 241,562,357 shares, respectively) (30,601) (27,721)
Accumulated other comprehensive income (loss), net of tax (892) (1,908)
Total equity 6,549 5,228
Total liabilities and equity 190,904 181,403
Ameriprise Financial    
Assets    
Cash and cash equivalents 9,953 8,149
Investments 58,406 56,423
Receivables 14,920 14,472
Other assets 18,829 15,149
Liabilities:    
Short-term borrowings 200 201
Long-term debt 3,077 2,842
Other liabilities 13,878 10,609
Consolidated investment entities    
Assets    
Cash and cash equivalents 150 373
Investments 2,618 2,387
Receivables 30 31
Other assets 0 2
Liabilities:    
Long-term debt 2,585 2,429
Other liabilities $ 159 $ 314