v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities    
Net income $ 2,028 $ 1,643
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion, net (14) (54)
Deferred income tax expense (benefit) 331 107
Share-based compensation 89 95
Net realized investment (gains) losses (1) 10
Net trading (gains) losses (3) (2)
Loss from equity method investments 2 9
Impairments and provision for loan and credit losses 14 (4)
Net (gains) losses of consolidated investment entities 0 7
Changes in operating assets and liabilities:    
Restricted and segregated investments 0 477
Deferred acquisition costs 19 30
Policyholder account balances, future policy benefits and claims, and market risk benefits, net 2,651 2,178
Derivatives, net of collateral (1,876) (275)
Receivables (981) (103)
Brokerage deposits 475 (146)
Accounts payable and accrued expenses (80) (273)
Current income tax, net (406) (413)
Other operating assets and liabilities of consolidated investment entities, net (12) 7
Other, net 1,109 157
Net cash provided by (used in) operating activities 3,345 3,450
Available-for-Sale securities:    
Proceeds from sales 602 1,573
Maturities, sinking fund payments and calls 6,045 8,483
Purchases (7,724) (10,642)
Proceeds from sales, maturities and repayments of mortgage loans 189 86
Funding of mortgage loans (539) (240)
Proceeds from sales, maturities and collections of other investments 17 51
Purchase of other investments (31) (41)
Purchase of investments by consolidated investment entities (425) (731)
Proceeds from sales, maturities and repayments of investments by consolidated investment entities 433 426
Purchase of land, buildings, equipment and software (66) (74)
Cash paid for written options with deferred premiums (73) 0
Cash received from written options with deferred premiums 18 5
Cash paid for deposit receivables (14) (15)
Cash received for deposit receivables 202 229
Other, net (226) (49)
Net cash provided by (used in) investing activities (1,592) (939)
Investment certificates:    
Proceeds from additions 1,609 1,752
Maturities, withdrawals and cash surrenders (2,368) (3,055)
Policyholder account balances:    
Deposits and other additions 685 590
Net transfers from (to) separate accounts (86) (71)
Surrenders and other benefits (654) (751)
Change in banking deposits, net 277 191
Cash paid for purchased options with deferred premiums (113) (40)
Cash received for purchased options with deferred premiums 152 0
Issuance of long-term debt, net of issuance costs 742 740
Repayments of long-term debt 0 (506)
Dividends paid to shareholders (300) (296)
Repurchase of common shares (1,653) (1,311)
Borrowings of consolidated investment entities 227 691
Repayments of debt by consolidated investment entities (262) (362)
Net cash provided by (used in) financing activities (1,744) (2,428)
Effect of exchange rate changes on cash (8) 38
Net increase (decrease) in cash and cash equivalents, including amounts restricted 1 121
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 11,159 9,610
Supplemental Disclosures:    
Leased assets obtained in exchange for operating lease liabilities 48 34
Ameriprise Financial    
Supplemental Disclosures:    
Interest paid excluding consolidated investment entities 228 306
Consolidated Investment Entities    
Supplemental Disclosures:    
Interest paid by consolidated investment entities $ 88 $ 74