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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities    
Net income $ 1,819 $ 1,307
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion, net (89) (70)
Deferred income tax expense (benefit) 258 60
Share-based compensation 90 92
Net realized investment (gains) losses (2) 2
Net trading (gains) losses (4) (19)
Loss from equity method investments 15 17
Impairments and provision for loan and credit losses 0 (9)
Net (gains) losses of consolidated investment entities 2 13
Changes in operating assets and liabilities:    
Restricted and segregated investments 182 213
Deferred acquisition costs 19 40
Policyholder account balances, future policy benefits and claims, and market risk benefits, net 1,608 1,153
Derivatives, net of collateral (771) (507)
Receivables (45) 479
Brokerage deposits (112) (564)
Accounts payable and accrued expenses (216) (53)
Current income tax, net 77 (405)
Other operating assets and liabilities of consolidated investment entities, net (3) (8)
Other, net 336 (124)
Net cash provided by (used in) operating activities 3,164 1,617
Available-for-Sale securities:    
Proceeds from sales 31 329
Maturities, sinking fund payments and calls 7,155 4,431
Purchases (7,619) (11,098)
Proceeds from sales, maturities and repayments of mortgage loans 90 75
Funding of mortgage loans (205) (123)
Proceeds from sales, maturities and collections of other investments 67 60
Purchase of other investments (132) (40)
Purchase of investments by consolidated investment entities (446) (255)
Proceeds from sales, maturities and repayments of investments by consolidated investment entities 486 348
Purchase of land, buildings, equipment and software (69) (84)
Cash paid for written options with deferred premiums (57) (59)
Cash received from written options with deferred premiums 22 31
Cash paid for deposit receivables (17) (20)
Cash received for deposit receivables 327 407
Other, net (36) (22)
Net cash provided by (used in) investing activities (403) (6,020)
Investment certificates:    
Proceeds from additions 2,851 6,395
Maturities, withdrawals and cash surrenders (3,793) (3,642)
Policyholder account balances:    
Deposits and other additions 749 729
Net transfers from (to) separate accounts (71) (55)
Surrenders and other benefits (960) (1,060)
Change in banking deposits, net (32) 2,628
Cash paid for purchased options with deferred premiums (79) (44)
Cash received for purchased options with deferred premiums 82 150
Issuance of long-term debt, net of issuance costs 0 741
Repayments of long-term debt (5) (5)
Dividends paid to shareholders (285) (275)
Repurchase of common shares (1,201) (1,115)
Borrowings of consolidated investment entities 554 0
Repayments of debt by consolidated investment entities (344) (95)
Net cash provided by (used in) financing activities (2,534) 4,352
Effect of exchange rate changes on cash (4) 28
Net increase (decrease) in cash and cash equivalents, including amounts restricted 223 (23)
Cash and cash equivalents, including amounts restricted, at beginning of period 8,620 8,755
Cash and cash equivalents, including amounts restricted, at end of period 8,843 8,732
Supplemental Disclosures:    
Income taxes paid, net 107 684
Leased assets obtained in exchange for operating lease liabilities 15 10
Ameriprise Financial    
Supplemental Disclosures:    
Interest paid 439 281
Consolidated investment entities    
Supplemental Disclosures:    
Interest paid $ 86 $ 87