XML 46 R36.htm IDEA: XBRL DOCUMENT
v3.20.2

Financing Receivables (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Receivables [Abstract] |
Rollforward of the Allowance for Loan Losses [Table Text Block] | The following tables present a rollforward of the allowance for credit losses for the six months ended June 30:
| Commercial Loans |  | Consumer Loans |  | Total
| (in millions) |  |  |  |
Balance, December 31, 2019 (1) | $ | 51 |  |  | $ | — |  |  | $ | 51 |
Cumulative effect of adoption of current expected credit losses guidance | 2 |  |  | 3 |  |  | 5 |
Balance, January 1, 2020 | 53 |  |  | 3 |  |  | 56 |
Provisions | 13 |  |  | 3 |  |  | 16 |
Charge-offs | (1) |  |  | (2) |  |  | (3) |
Recoveries | — |  |  | — |  |  | — |
Balance, June 30, 2020 | $ | 65 |  |  | $ | 4 |  |  | $ | 69 |
(1) Prior to January 1, 2020, the allowance for credit losses was based on an incurred loss model that did not require estimating expected credit losses over the expected life of the asset.
| Commercial Loans |  |  |  |
| (in millions) |  |  |  |
Balance, January 1, 2019 | $ | 49 |  |  |  |  |
Provisions | 2 |  |  |  |  |
Charge-offs | (1) |  |  |  |  |
Balance, June 30, 2019 | $ | 50 |  |  |  |  |
Schedule of Commercial Mortgage Loans by Year of Origination and Loan-to-Value Ratio [Table Text Block] | The table below presents the amortized cost basis of commercial mortgage loans as of June 30, 2020 by year of origination and loan-to-value ratio:
Loan-to-Value Ratio |  | 2020 |  | 2019 |  | 2018 |  | 2017 |  | 2016 |  | Prior |  | Total
|  | (in millions) |  |  |  |  |  |  |  |  |  |  |  |
> 100% |  | $ | — |  |  | $ | — |  |  | $ | 3 |  |  | $ | — |  |  | $ | — |  |  | $ | 10 |  |  | $ | 13 |
80% - 100% |  | 15 |  |  | 5 |  |  | 12 |  |  | 3 |  |  | 5 |  |  | 21 |  |  | 61 |
60% - 80% |  | 70 |  |  | 185 |  |  | 27 |  |  | 32 |  |  | 56 |  |  | 159 |  |  | 529 |
40% - 60% |  | 13 |  |  | 51 |  |  | 78 |  |  | 162 |  |  | 109 |  |  | 595 |  |  | 1,008 |
< 40% |  | 6 |  |  | 25 |  |  | 78 |  |  | 99 |  |  | 65 |  |  | 932 |  |  | 1,205 |
Total |  | $ | 104 |  |  | $ | 266 |  |  | $ | 198 |  |  | $ | 296 |  |  | $ | 235 |  |  | $ | 1,717 |  |  | $ | 2,816 |
Schedule of Commercial Mortgage Loans by Geographic Region [Table Text Block] | In addition, the Company reviews the concentrations of credit risk by region and property type. Concentrations of credit risk of commercial mortgage loans by U.S. region were as follows:
| Loans |  |  |  | Percentage |  |
| June 30, 2020 |  | December 31, 2019 |  | June 30, 2020 |  | December 31, 2019
| (in millions) |  |  |  |  |  |
East North Central | $ | 249 |  |  | $ | 239 |  |  | 9 | % |  | 9 | %
East South Central | 120 |  |  | 121 |  |  | 4 |  |  | 4 |
Middle Atlantic | 188 |  |  | 182 |  |  | 7 |  |  | 6 |
Mountain | 248 |  |  | 251 |  |  | 9 |  |  | 9 |
New England | 55 |  |  | 54 |  |  | 2 |  |  | 2 |
Pacific | 839 |  |  | 831 |  |  | 30 |  |  | 30 |
South Atlantic | 729 |  |  | 723 |  |  | 26 |  |  | 26 |
West North Central | 210 |  |  | 214 |  |  | 7 |  |  | 8 |
West South Central | 178 |  |  | 182 |  |  | 6 |  |  | 6 |
| 2,816 |  |  | 2,797 |  |  | 100 | % |  | 100 | %
Less: allowance for credit losses | 28 |  |  | 19 |  |  |  |  |
Total | $ | 2,788 |  |  | $ | 2,778 |  |  |  |  |
Schedule of Commercial Mortgage Loans by Property Type [Table Text Block] | Concentrations of credit risk of commercial mortgage loans by property type were as follows:
| Loans |  |  |  | Percentage |  |
| June 30, 2020 |  | December 31, 2019 |  | June 30, 2020 |  | December 31, 2019
| (in millions) |  |  |  |  |  |
Apartments | $ | 719 |  |  | $ | 692 |  |  | 26 | % |  | 25 | %
Hotel | 50 |  |  | 51 |  |  | 2 |  |  | 2 |
Industrial | 439 |  |  | 429 |  |  | 16 |  |  | 15 |
Mixed use | 89 |  |  | 78 |  |  | 3 |  |  | 3 |
Office | 402 |  |  | 419 |  |  | 14 |  |  | 15 |
Retail | 912 |  |  | 931 |  |  | 32 |  |  | 33 |
Other | 205 |  |  | 197 |  |  | 7 |  |  | 7 |
| 2,816 |  |  | 2,797 |  |  | 100 | % |  | 100 | %
Less: allowance for credit losses | 28 |  |  | 19 |  |  |  |  |
Total | $ | 2,788 |  |  | $ | 2,778 |  |  |  |  |
Schedule of Syndicated Loans by Origination Year and Internal Risk Rating [Table Text Block] | The table below presents the amortized cost basis of syndicated loans as of June 30, 2020 by origination year and internal risk rating:
Internal Risk Rating |  | 2020 |  | 2019 |  | 2018 |  | 2017 |  | 2016 |  | Prior |  | Total
|  | (in millions) |  |  |  |  |  |  |  |  |  |  |  |
Risk 5 |  | $ | — |  |  | $ | — |  |  | $ | 1 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1 |
Risk 4 |  | — |  |  | 7 |  |  | 4 |  |  | 9 |  |  | 2 |  |  | 7 |  |  | 29 |
Risk 3 |  | 4 |  |  | 9 |  |  | 11 |  |  | 27 |  |  | 10 |  |  | 19 |  |  | 80 |
Risk 2 |  | 11 |  |  | 43 |  |  | 57 |  |  | 53 |  |  | 21 |  |  | 56 |  |  | 241 |
Risk 1 |  | 9 |  |  | 27 |  |  | 50 |  |  | 59 |  |  | 18 |  |  | 39 |  |  | 202 |
Total |  | $ | 24 |  |  | $ | 86 |  |  | $ | 123 |  |  | $ | 148 |  |  | $ | 51 |  |  | $ | 121 |  |  | $ | 553 |
Schedule of Advisor Loans by Origination Year and Termination Status [Table Text Block] | The table below presents the amortized cost basis of advisor loans as of June 30, 2020 by origination year and termination status:
Termination Status |  | 2020 |  | 2019 |  | 2018 |  | 2017 |  | 2016 |  | Prior |  | Total
|  | (in millions) |  |  |  |  |  |  |  |  |  |  |  |
Active |  | $ | 82 |  |  | $ | 145 |  |  | $ | 107 |  |  | $ | 132 |  |  | $ | 88 |  |  | $ | 102 |  |  | $ | 656 |
Terminated |  | — |  |  | 1 |  |  | — |  |  | 1 |  |  | 2 |  |  | 12 |  |  | 16 |
Total |  | $ | 82 |  |  | $ | 146 |  |  | $ | 107 |  |  | $ | 133 |  |  | $ | 90 |  |  | $ | 114 |  |  | $ | 672 |
Amortized Cost Basis of Credit Card Receivables by FICO Score [Table Text Block] | The table below presents the amortized cost basis of credit card receivables by FICO score as of June 30, 2020:
| Total
| (in millions)
> 800 | $ | 24 |
750 - 799 | 20 |
700 - 749 | 24 |
650 - 699 | 15 |
< 650 | 6 |
Total | $ | 89 |

X
- Definition [Table Text Block] for Amortized Cost Basis of Credit Card Receivables by FICO Score [Table] + References No definition available. + Details
Name: | amp_AmortizedCostBasisofCreditCardReceivablesbyFICOScoreTableTextBlock
Namespace Prefix: | amp_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to each mortgage loan receivable and other required disclosures by geographic region. + References No definition available. + Details
Name: | amp_ScheduleOfCommercialMortgageLoansByGeographicRegionTableTextBlock
Namespace Prefix: | amp_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to each mortgage loan receivable and other required disclosures by property type. + References No definition available. + Details
Name: | amp_ScheduleOfCommercialMortgageLoansByPropertyTypeTableTextBlock
Namespace Prefix: | amp_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition [Table Text Block] for Schedule of Advisor Loans by Origination Year and Termination Status [Table] + References No definition available. + Details
Name: | amp_ScheduleofAdvisorLoansbyOriginationYearandTerminationStatusTableTextBlock
Namespace Prefix: | amp_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition [Table Text Block] for Schedule of Commercial Mortgage Loans by Year of Origination and Loan-to-Value Ratio [Table] + References No definition available. + Details
Name: | amp_ScheduleofCommercialMortgageLoansbyYearofOriginationandLoantoValueRatioTableTextBlock
Namespace Prefix: | amp_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition [Table Text Block] for Schedule of Syndicated Loans by Origination Year and Internal Risk Rating [Table] + References No definition available. + Details
Name: | amp_ScheduleofSyndicatedLoansbyOriginationYearandInternalRiskRatingTableTextBlock
Namespace Prefix: | amp_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919249-210447 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration