CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Assets
Market risk benefits	$ 1,934	$ 2,274
Separate account assets	76,466	80,044
Deferred acquisition costs	2,612	2,625
Restricted and segregated cash and cash equivalents	924	1,055
Total assets	184,448	190,904
Liabilities:
Policyholder account balances, future policy benefits and claims	46,401	46,498
Market risk benefits	1,359	1,182
Separate account liabilities	76,466	80,044
Customer deposits	33,278	33,750
Short-term borrowings	200	200
Accounts payable and accrued expenses	2,513	2,982
Total liabilities	178,236	184,355
Equity:
Common shares ($0.01 par value; shares authorized, 1,250,000,000; shares issued, 338,240,364 and 338,058,287, respectively)	3	3
Additional paid-in capital	10,437	10,377
Retained earnings	28,425	27,662
Treasury shares, at cost (248,160,045 and 246,794,407 shares, respectively)	(31,448)	(30,601)
Accumulated other comprehensive income (loss), net of tax	(1,205)	(892)
Total equity	6,212	6,549
Total liabilities and equity	184,448	190,904
Ameriprise Financial
Assets
Cash and cash equivalents	8,341	9,953
Investments	58,969	58,406
Receivables	15,144	14,920
Other assets	17,393	18,829
Liabilities:
Short-term borrowings	200	200
Long-term debt	3,079	3,077
Other liabilities	12,319	13,878
Consolidated investment entities
Assets
Cash and cash equivalents	128	150
Investments	2,507	2,618
Receivables	30	30
Liabilities:
Long-term debt	2,535	2,585
Other liabilities	$ 86	$ 159

The aggregate amount of policy reserves (provided for future obligations including unpaid claims and claims adjustment expenses) and policy benefits (liability for future policy benefits) as of the balance sheet date; grouped amount of all the liabilities associated with the company's insurance policies. Also includes the liability as of the balance sheet date for the policyholders funds held that are returnable under the terms of insurance contracts and the net fair value of the embedded derivatives classified as assets, net of those classified as liabilities.

No definition available.