v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows from Operating Activities    
Net income $ 915 $ 583
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion, net (9) (27)
Deferred income tax expense (benefit) (19) (95)
Share-based compensation 39 49
Net realized investment (gains) losses 0 (5)
Net trading (gains) losses (1) (1)
Loss from equity method investments 6 13
Impairments and provision for loan and credit losses (1) (5)
Net (gains) losses of consolidated investment entities 9 12
Changes in operating assets and liabilities:    
Restricted and segregated investments 0 158
Deferred acquisition costs 13 16
Policyholder account balances, future policy benefits and claims, and market risk benefits, net 728 940
Derivatives, net of collateral (1,040) 270
Receivables (269) (220)
Brokerage deposits 14 (25)
Accounts payable and accrued expenses (467) (452)
Current income tax, net 240 180
Other operating assets and liabilities of consolidated investment entities, net (7) 2
Other, net 308 293
Net cash provided by (used in) operating activities 459 1,686
Available-for-Sale securities:    
Proceeds from sales 602 1,075
Maturities, sinking fund payments and calls 2,919 4,221
Purchases (4,070) (6,834)
Proceeds from sales, maturities and repayments of mortgage loans 111 37
Funding of mortgage loans (207) (107)
Proceeds from sales, maturities and collections of other investments 13 22
Purchase of other investments (3) (26)
Purchase of investments by consolidated investment entities (259) (354)
Proceeds from sales, maturities and repayments of investments by consolidated investment entities 245 167
Purchase of land, buildings, equipment and software (29) (36)
Cash paid for written options with deferred premiums (73) 0
Cash received from written options with deferred premiums 18 0
Cash paid for deposit receivables (7) (8)
Cash received for deposit receivables 97 112
Other, net (26) (10)
Net cash provided by (used in) investing activities (669) (1,741)
Investment certificates:    
Proceeds from additions 586 961
Maturities, withdrawals and cash surrenders (1,173) (1,471)
Policyholder account balances:    
Deposits and other additions 266 254
Net transfers from (to) separate accounts (39) (36)
Surrenders and other benefits (327) (395)
Change in banking deposits, net 109 363
Cash paid for purchased options with deferred premiums (55) (3)
Cash received for purchased options with deferred premiums 110 0
Issuance of long-term debt, net of issuance costs 0 740
Repayments of long-term debt 0 (3)
Dividends paid to shareholders (148) (144)
Repurchase of common shares (874) (730)
Borrowings of consolidated investment entities 0 304
Repayments of debt by consolidated investment entities (1) (328)
Net cash provided by (used in) financing activities (1,546) (488)
Effect of exchange rate changes on cash (9) 13
Net increase (decrease) in cash and cash equivalents, including amounts restricted (1,765) (530)
Cash and cash equivalents, including amounts restricted, at beginning of period 11,158 9,489
Cash and cash equivalents, including amounts restricted, at end of period 9,393 8,959
Supplemental Disclosures:    
Leased assets obtained in exchange for operating lease liabilities 11 22
Ameriprise Financial    
Supplemental Disclosures:    
Interest paid excluding consolidated investment entities 87 131
Consolidated investment entities    
Supplemental Disclosures:    
Interest paid by consolidated investment entities $ 48 $ 39