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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities    
Net income $ 1,643 $ 1,819
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion, net (54) (89)
Deferred income tax expense (benefit) 107 258
Share-based compensation 95 90
Net realized investment (gains) losses 10 (2)
Net trading (gains) losses (2) (4)
Loss from equity method investments 9 15
Impairments and provision for loan and credit losses (4) 0
Net (gains) losses of consolidated investment entities 7 2
Changes in operating assets and liabilities:    
Restricted and segregated investments 477 182
Deferred acquisition costs 30 19
Policyholder account balances, future policy benefits and claims, and market risk benefits, net 2,178 1,608
Derivatives, net of collateral (275) (771)
Receivables (103) (45)
Brokerage deposits (146) (112)
Accounts payable and accrued expenses (273) (216)
Current income tax, net (413) 77
Other operating assets and liabilities of consolidated investment entities, net 7 (3)
Other, net 157 336
Net cash provided by (used in) operating activities 3,450 3,164
Available-for-Sale securities:    
Proceeds from sales 1,573 31
Maturities, sinking fund payments and calls 8,483 7,155
Purchases (10,642) (7,619)
Proceeds from sales, maturities and repayments of mortgage loans 86 90
Funding of mortgage loans (240) (205)
Proceeds from sales, maturities and collections of other investments 51 67
Purchase of other investments (41) (132)
Purchase of investments by consolidated investment entities (731) (446)
Proceeds from sales, maturities and repayments of investments by consolidated investment entities 426 486
Purchase of land, buildings, equipment and software (74) (69)
Cash paid for written options with deferred premiums 0 (57)
Cash received from written options with deferred premiums 5 22
Cash paid for deposit receivables (15) (17)
Cash received for deposit receivables 229 327
Other, net (49) (36)
Net cash provided by (used in) investing activities (939) (403)
Investment certificates:    
Proceeds from additions 1,752 2,851
Maturities, withdrawals and cash surrenders (3,055) (3,793)
Policyholder account balances:    
Deposits and other additions 590 749
Net transfers from (to) separate accounts (71) (71)
Surrenders and other benefits (751) (960)
Change in banking deposits, net 191 (32)
Cash paid for purchased options with deferred premiums (40) (79)
Cash received for purchased options with deferred premiums 0 82
Issuance of long-term debt, net of issuance costs 740 0
Repayments of long-term debt (506) (5)
Dividends paid to shareholders (296) (285)
Repurchase of common shares (1,311) (1,201)
Borrowings of consolidated investment entities 691 554
Repayments of debt by consolidated investment entities (362) (344)
Net cash provided by (used in) financing activities (2,428) (2,534)
Effect of exchange rate changes on cash 38 (4)
Net increase (decrease) in cash and cash equivalents, including amounts restricted 121 223
Cash and cash equivalents, including amounts restricted, at beginning of period 9,489 8,620
Cash and cash equivalents, including amounts restricted, at end of period 9,610 8,843
Supplemental Disclosures:    
Income taxes paid, net 700 107
Leased assets obtained in exchange for operating lease liabilities 34 15
Ameriprise Financial    
Supplemental Disclosures:    
Interest paid 306 439
Consolidated investment entities    
Supplemental Disclosures:    
Interest paid by consolidated investment entities $ 74 $ 86