XML 178 R115.htm IDEA: XBRL DOCUMENT
v3.20.4

Derivatives and Hedging Activities (Balance Sheet) (Details) - USD ($) $ in Millions | Dec. 31, 2020 | Dec. 31, 2019
--- | --- | ---
Derivatives and Hedging Activities |  |  |  |
Notional amount |  | $ 140,957 |  | $ 125,200
Gross fair value of assets | [1] | 5,870 |  | 4,361
Gross fair value of liabilities | [2],[3] | 7,693 |  | 5,229
Derivative liability after application of master netting arrangements and cash collateral including embedded derivative liabilities |  | 3,700 |  | 2,300
Fair value of investment securities received as collateral |  | 325 |  | 84
Fair value of investment securities received as collateral that can be repledged |  | 325 |  | 84
Fair value of investment securities received as collateral that were repledged |  | 0 |  |
GMWB and GMAB embedded derivatives [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of assets |  | 67 |  | 218
Gross fair value of liabilities |  | 2,400 |  | 981
GMWB and GMAB embedded derivatives [Member] | Policyholder account balances, future policy benefits and claims [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of liabilities | [2],[3],[4] | 2,316 |  | 763
IUL embedded derivatives [Member] | Policyholder account balances, future policy benefits and claims [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of liabilities | [2],[3] | 935 |  | 881
Indexed annuity embedded derivatives [Member] | Policyholder account balances, future policy benefits and claims [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of liabilities | [2],[3] | 52 |  | 46
Structured Annuity Embedded Derivatives | Policyholder account balances, future policy benefits and claims [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of liabilities |  | 70 |  | 0
SMC embedded derivatives [Member] | Customer deposits [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of liabilities | [2],[3] | 8 |  | 14
Total embedded derivatives [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of liabilities | [2],[3] | 3,381 |  | 1,704
Designated as Hedging Instruments [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Notional amount |  | 32 |  | 468
Designated as Hedging Instruments [Member] | Other assets [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of assets | [1] | 0 |  | 3
Designated as Hedging Instruments [Member] | Other liabilities [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of liabilities | [2],[3] | 2 |  | 3
Designated as Hedging Instruments [Member] | Interest rate contracts [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Notional amount |  | 0 |  | 375
Designated as Hedging Instruments [Member] | Interest rate contracts [Member] | Other assets [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of assets | [1] | 0 |  | 3
Designated as Hedging Instruments [Member] | Foreign exchange contracts [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Notional amount |  | 32 |  | 93
Designated as Hedging Instruments [Member] | Foreign exchange contracts [Member] | Other assets [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of assets | [1] | 0 |  | 0
Designated as Hedging Instruments [Member] | Foreign exchange contracts [Member] | Other liabilities [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of liabilities | [2],[3] | 2 |  | 3
Derivatives not designated as hedging instruments [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Notional amount |  | 140,925 |  | 124,732
Derivatives not designated as hedging instruments [Member] | Other assets [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of assets | [1] | 5,870 |  | 4,358
Derivatives not designated as hedging instruments [Member] | Other liabilities [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of liabilities | [2],[3] | 4,310 |  | 3,522
Derivatives not designated as hedging instruments [Member] | Interest rate contracts [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Notional amount |  | 77,951 |  | 57,979
Derivatives not designated as hedging instruments [Member] | Interest rate contracts [Member] | Other assets [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of assets | [1] | 1,755 |  | 1,452
Derivatives not designated as hedging instruments [Member] | Interest rate contracts [Member] | Other liabilities [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of liabilities | [2],[3] | 734 |  | 418
Derivatives not designated as hedging instruments [Member] | Equity contracts [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Notional amount |  | 57,254 |  | 61,921
Derivatives not designated as hedging instruments [Member] | Equity contracts [Member] | Other assets [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of assets | [1] | 4,090 |  | 2,884
Derivatives not designated as hedging instruments [Member] | Equity contracts [Member] | Other liabilities [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of liabilities | [2],[3] | 3,571 |  | 3,098
Derivatives not designated as hedging instruments [Member] | Credit contracts [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Notional amount |  | 2,297 |  | 1,419
Derivatives not designated as hedging instruments [Member] | Credit contracts [Member] | Other assets [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of assets |  | 2 | [1] | 4
Derivatives not designated as hedging instruments [Member] | Credit contracts [Member] | Other liabilities [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of liabilities | [2],[3] | 1 |  | 0
Derivatives not designated as hedging instruments [Member] | Foreign exchange contracts [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Notional amount |  | 3,423 |  | 3,412
Derivatives not designated as hedging instruments [Member] | Foreign exchange contracts [Member] | Other assets [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of assets | [1] | 23 |  | 18
Derivatives not designated as hedging instruments [Member] | Foreign exchange contracts [Member] | Other liabilities [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Gross fair value of liabilities | [2],[3] | 4 |  | 6
Derivatives not designated as hedging instruments [Member] | Other contracts [Member] |  |  |  |
Derivatives and Hedging Activities |  |  |  |
Notional amount |  | $ 0 |  | $ 1
[1] | The fair value of freestanding derivative assets is included in Other assets on the Consolidated Balance Sheets.
[2] | The fair value of freestanding derivative liabilities is included in Other liabilities on the Consolidated Balance Sheets. The fair value of GMWB and GMAB, IUL, and fixed deferred indexed annuity and structured variable annuity embedded derivatives is included in Policyholder account balances, future policy benefits and claims on the Consolidated Balance Sheets. The fair value of the SMC embedded derivative liability is included in Customer deposits on the Consolidated Balance Sheets.
[3] | The fair value of the Company’s derivative liabilities after considering the effects of master netting arrangements, cash collateral held by the same counterparty and the fair value of net embedded derivatives was $3.7 billion and $2.3 billion as of December 31, 2020 and 2019, respectively. See Note 16 for additional information related to master netting arrangements and cash collateral.
[4] | The fair value of the GMWB and GMAB embedded derivatives as of December 31, 2020 included $2.4 billion of individual contracts in a liability position and $67 million of individual contracts in an asset position. The fair value of the GMWB and GMAB embedded derivatives as of December 31, 2019 included $981 million of individual contracts in a liability position and $218 million of individual contracts in an asset position.

X
- Definition Fair value as of the balance sheet date of all liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments, net of the effects of master netting arrangements and cash collateral. This amount includes the fair value of embedded derivative liabilities. The amount excludes the effect of securities collateral. + References No definition available. + Details
Name: | amp_DerivativeLiabilityAfterApplicationOfMasterNettingArrangementsAndCashCollateralIncludingEmbeddedDerivativeLiabilities
Namespace Prefix: | amp_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value of securities received as collateral against derivative assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226013-175313 + Details
Name: | us-gaap_DerivativeAssetFairValueOfCollateral
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226000-175313 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4D -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=121570589&loc=SL51823488-111719 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959 + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeAsset
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4D -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=121570589&loc=SL51823488-111719 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226000-175313 + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Nominal or face amount used to calculate payment on derivative. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5580258-113959 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5579245-113959 + Details
Name: | us-gaap_DerivativeNotionalAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DerivativesFairValueLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value of collateral permitted, by contact or custom, to be sold or re-pledged. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 30 -Section 50 -Paragraph 1A -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109249958&loc=SL6224234-111729 + Details
Name: | us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value of the collateral, or portion thereof, that has been re-pledged, delivered, or otherwise used. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 30 -Section 50 -Paragraph 1A -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=109249958&loc=SL6224234-111729 + Details
Name: | us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=amp_GMWBAndGMABEmbeddedDerivativesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BalanceSheetLocationAxis=amp_PolicyholderAccountBalancesFuturePolicyBenefitsandClaimsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=amp_IndexedUniversalLifeEmbeddedDerivativesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=amp_IndexedAnnuitiesEmbeddedDerivativesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=amp_StructuredAnnuityEmbeddedDerivativesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=amp_StockMarketCertificatesEmbeddedDerivativesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BalanceSheetLocationAxis=us-gaap_DepositsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_EmbeddedDerivativeFinancialInstrumentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_DesignatedAsHedgingInstrumentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BalanceSheetLocationAxis=us-gaap_OtherAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BalanceSheetLocationAxis=us-gaap_OtherLiabilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_EquityContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditRiskContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_OtherContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |