Ameriprise 2009 Annual Report Download - page 128

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The following table presents a rollforward of the net unrealized securities gains (losses) on Available-for-Sale securities included in
accumulated other comprehensive income (loss):
Net Accumulated Other
Unrealized Comprehensive Income
Investment (Loss) Related to Net
Gains Deferred Unrealized Investment
(Losses) Income Tax Gains (Losses)
(in millions)
Balance at January 1, 2007 $ (288) $ 101 $ (187)
Net unrealized investment gains arising during the period 58 (20) 38
Reclassification of gains included in net income (45) 16 (29)
Impact of DAC, DSIC and benefit reserves 16 (6) 10
Balance at December 31, 2007 (259) 91 (168)
Net unrealized investment losses arising during the period (2,275) 796 (1,479)
Reclassification of losses included in net loss 757 (265) 492
Impact of DAC, DSIC and benefit reserves 298 (104) 194
Balance at December 31, 2008 (1,479) 518 (961)
Cumulative effect of accounting change (203) (1) 71 (132)
Net unrealized investment gains arising during the period 2,792 (977) 1,815
Reclassification of gains included in net income (70) 25 (45)
Impact of DAC, DSIC, benefit reserves and reinsurance recoverables (566) 199 (367)
Balance at December 31, 2009 $ 474 $ (164) $ 310 (2)
(1) Amount represents the cumulative effect of adopting a new accounting standard on January 1, 2009, net of DAC and DSIC amortization and certain
benefit reserves. See Note 3 for additional information on the adoption impact.
(2) At December 31, 2009, Accumulated Other Comprehensive Income Related to Net Unrealized Investment Gains included $(84) million of noncredit
related impairments on securities and net unrealized securities losses on previously impaired securities.
Net realized gains and losses on Available-for-Sale securities, determined using the specific identification method, were as follows:
Years Ended December 31,
2009 2008 2007
(in millions)
Gross realized gains from sales $ 216 $ 16 $ 73
Gross realized losses from sales (53) (11) (24)
Other-than-temporary impairments related to credit (93) (762) (5)
The $93 million of other-than-temporary impairments in 2009 primarily related to credit losses on non-agency residential mortgage backed
securities, corporate debt securities primarily in the financial services and gaming industries and other structured investments. The
$762 million of other-than-temporary impairments in 2008 related to credit losses on non-agency residential mortgage backed securities,
corporate debt securities primarily in the financial services and gaming industries and asset backed and other securities. The $5 million of
other-than-temporary impairments in 2007 related to corporate debt securities in the publishing and home building industries.
ANNUAL REPORT 2009 113