XML 177 R124.htm IDEA: XBRL DOCUMENT
v3.22.4

Derivatives and Hedging Activities - Notional Value and Gross Fair Value (Details) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021
--- | --- | ---
Derivatives and Hedging Activities |  |
Notional | $ 174,919 | $ 144,815
Gross Fair Value Assets, freestanding derivatives | 3,020 | 5,574
Gross Fair Value Liabilities, freestanding derivatives | 2,748 | 4,223
Fair Value Liabilities, embedded derivatives, net | 1,261 | 2,862
Total Gross Fair Value, derivative assets | 3,068 | 5,633
Total Gross Fair Value, derivative liabilities | 4,009 | 7,085
Derivative liability after application of master netting arrangements and cash collateral including embedded derivative liabilities | 1,600 | 3,200
Fair value of investment securities received as collateral | 14 | 123
Fair value of investment securities received as collateral that can be repledged | 5 | 123
Fair value of investment securities received as collateral that were repledged | 0 | 0
Other assets and receivables |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Assets, embedded derivatives | 48 | 59
GMWB and GMAB embedded derivatives |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Assets, embedded derivatives | 303 | 133
Gross Fair Value Liabilities, embedded derivatives | 911 | 1,600
GMWB and GMAB embedded derivatives | Policyholder account balances, future policy benefits and claims |  |
Derivatives and Hedging Activities |  |
Fair Value Liabilities, embedded derivatives, net | 608 | 1,486
IUL embedded derivatives | Policyholder account balances, future policy benefits and claims |  |
Derivatives and Hedging Activities |  |
Fair Value Liabilities, embedded derivatives, net | $ 739 | $ 905
Deposit receivables embedded derivative |  |
Derivatives and Hedging Activities |  |
Derivative assets, location | Receivables | Receivables
Deposit receivables embedded derivative | Receivables |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Assets, embedded derivatives | $ 48 | $ 59
Fixed deferred indexed annuities embedded derivatives | Policyholder account balances, future policy benefits and claims |  |
Derivatives and Hedging Activities |  |
Fair Value Liabilities, embedded derivatives, net | 47 | 61
Structured variable annuity embedded derivatives |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Assets, embedded derivatives | 331 | 3
Gross Fair Value Liabilities, embedded derivatives | 194 | 409
Structured variable annuity embedded derivatives | Policyholder account balances, future policy benefits and claims |  |
Derivatives and Hedging Activities |  |
Fair Value Liabilities, embedded derivatives, net | $ (137) | $ 406
SMC embedded derivatives |  |
Derivatives and Hedging Activities |  |
Derivative liabilities, location | Customer deposits | Customer deposits
SMC embedded derivatives | Customer deposits |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Liabilities, embedded derivatives | $ 4 | $ 4
Instruments excluding ceded embedded derivatives |  |
Derivatives and Hedging Activities |  |
Derivative assets, location | Other assets | Other assets
Derivative liabilities, location | Other liabilities | Other liabilities
GMWB, GMAB, IUL, fixed deferred indexed annuity and structured variable annuity derivatives |  |
Derivatives and Hedging Activities |  |
Derivative liabilities, location | Policyholder account balances, future policy benefits and claims | Policyholder account balances, future policy benefits and claims
Designated as hedging instruments |  |
Derivatives and Hedging Activities |  |
Notional | $ 91 | $ 77
Designated as hedging instruments | Other assets |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Assets, freestanding derivatives | 0 | 0
Designated as hedging instruments | Other liabilities |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Liabilities, freestanding derivatives | 1 | 0
Designated as hedging instruments | Equity contracts |  |
Derivatives and Hedging Activities |  |
Notional | 6 | 19
Designated as hedging instruments | Equity contracts | Other assets |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Assets, freestanding derivatives | 0 | 0
Designated as hedging instruments | Equity contracts | Other liabilities |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Liabilities, freestanding derivatives | 1 | 0
Designated as hedging instruments | Foreign exchange contracts |  |
Derivatives and Hedging Activities |  |
Notional | 85 | 58
Designated as hedging instruments | Foreign exchange contracts | Other assets |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Assets, freestanding derivatives | 0 | 0
Designated as hedging instruments | Foreign exchange contracts | Other liabilities |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Liabilities, freestanding derivatives | 0 | 0
Not designated as hedging instruments |  |
Derivatives and Hedging Activities |  |
Notional | 174,828 | 144,738
Not designated as hedging instruments | Other assets |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Assets, freestanding derivatives | 3,020 | 5,574
Not designated as hedging instruments | Other liabilities |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Liabilities, freestanding derivatives | 2,747 | 4,223
Not designated as hedging instruments | Interest rate contracts |  |
Derivatives and Hedging Activities |  |
Notional | 101,307 | 79,468
Not designated as hedging instruments | Interest rate contracts | Other assets |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Assets, freestanding derivatives | 267 | 1,252
Not designated as hedging instruments | Interest rate contracts | Other liabilities |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Liabilities, freestanding derivatives | 355 | 468
Not designated as hedging instruments | Equity contracts |  |
Derivatives and Hedging Activities |  |
Notional | 68,493 | 61,142
Not designated as hedging instruments | Equity contracts | Other assets |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Assets, freestanding derivatives | 2,704 | 4,293
Not designated as hedging instruments | Equity contracts | Other liabilities |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Liabilities, freestanding derivatives | 2,376 | 3,754
Not designated as hedging instruments | Credit contracts |  |
Derivatives and Hedging Activities |  |
Notional | 1,857 | 1,748
Not designated as hedging instruments | Credit contracts | Other assets |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Assets, freestanding derivatives | 13 | 9
Not designated as hedging instruments | Credit contracts | Other liabilities |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Liabilities, freestanding derivatives | 2 | 0
Not designated as hedging instruments | Foreign exchange contracts |  |
Derivatives and Hedging Activities |  |
Notional | 3,171 | 2,380
Not designated as hedging instruments | Foreign exchange contracts | Other assets |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Assets, freestanding derivatives | 36 | 20
Not designated as hedging instruments | Foreign exchange contracts | Other liabilities |  |
Derivatives and Hedging Activities |  |
Gross Fair Value Liabilities, freestanding derivatives | $ 14 | $ 1

X
- Definition The combined amount of the gross fair value of derivative assets and the fair value of the embedded derivative or group of embedded derivatives classified as an asset. + References No definition available. + Details
Name: | amp_DerivativeAssetFairValueGrossAssetAndEmbeddedDerivativeFairValueOfEmbeddedDerivativeAsset
Namespace Prefix: | amp_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

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 net fair value of embedded derivative s. The amount excludes the effect of securities collateral. + References No definition available. + Details
Name: | amp_DerivativeLiabilityAfterApplicationOfMasterNettingArrangementsAndCashCollateralIncludingFairValueOfEmbeddedDerivativesNets
Namespace Prefix: | amp_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The combined amount of the gross fair value of derivative liabilities and the fair value of the embedded derivative or group of embedded derivatives classified as assets, net of those classified as liabilities. + References No definition available. + Details
Name: | amp_DerivativeLiabilityFairValueGrossLiabilityAndEmbeddedDerivativeFairValueOfEmbeddedDerivativeNet
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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 12 -URI https://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 Indicates line item in statement of financial position that includes derivative asset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959 + Details
Name: | us-gaap_DerivativeAssetStatementOfFinancialPositionExtensibleEnumeration
Namespace Prefix: | us-gaap_
Data Type: | enum2:enumerationSetItemType
Balance Type: | na
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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226052-175313 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226000-175313 Reference 4: 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 https://asc.fasb.org/extlink&oid=121570589&loc=SL51823488-111719 Reference 5: 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 https://asc.fasb.org/extlink&oid=125515794&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 https://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 https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI https://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 https://asc.fasb.org/extlink&oid=99393222&loc=SL20226000-175313 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226052-175313 + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Indicates line item in statement of financial position that includes derivative liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959 + Details
Name: | us-gaap_DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration
Namespace Prefix: | us-gaap_
Data Type: | enum2:enumerationSetItemType
Balance Type: | na
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 https://asc.fasb.org/extlink&oid=125515794&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 https://asc.fasb.org/extlink&oid=125515794&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 as of the balance sheet date of the embedded derivative or group of embedded derivatives classified as an asset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 + Details
Name: | us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeAsset
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value as of the balance sheet date of the embedded derivative or group of embedded derivatives classified as a liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 + Details
Name: | us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Net fair value as of the balance sheet date of the embedded derivative or group of embedded derivatives classified as assets, net of those classified as liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126966630&loc=d3e41228-113958 + Details
Name: | us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

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 https://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 https://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_BalanceSheetLocationAxis=amp_OtherAssetsAndReceivablesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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_FixedDeferredIndexedAnnuitiesCededEmbeddedDerivativesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

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

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

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=amp_GMWBGMABIndexedUniversalLifeFixedDeferredIndexedAnnuityAndStructuredVariableAnnuityDerivativesMember
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_EquityContractMember
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_InterestRateContractMember
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: |