Ameriprise 2011 Annual Report Download - page 152

The following tables present the balances of assets and liabilities of Ameriprise Financial measured at fair value on a
recurring basis:
December 31, 2011
Level 1 Level 2 Level 3 Total
(in millions)
Assets
Cash equivalents $ 20 $ 2,287 $ — $ 2,307
Available-for-Sale securities:
Corporate debt securities — 16,685 1,355 18,040
Residential mortgage backed securities — 7,198 198 7,396
Commercial mortgage backed securities — 4,669 50 4,719
Asset backed securities — 1,779 206 1,985
State and municipal obligations — 2,130 — 2,130
U.S. government and agencies obligations 22 49 — 71
Foreign government bonds and obligations — 144 — 144
Common stocks 2 2 5 9
Other debt obligations — 11 — 11
Total Available-for-Sale securities 24 32,667 1,814 34,505
Trading securities 1 30 — 31
Separate account assets — 66,780 — 66,780
Investments segregated for regulatory purposes — 293 — 293
Other assets:
Interest rate derivative contracts — 1,958 — 1,958
Equity derivative contracts 274 1,077 — 1,351
Credit derivative contracts — 1 — 1
Foreign currency derivative contracts — 7 — 7
Commodity derivative contracts — 2 — 2
Total other assets 274 3,045 — 3,319
Total assets at fair value $ 319 $ 105,102 $ 1,814 $ 107,235
Liabilities
Future policy benefits and claims:
EIA embedded derivatives $ — $ 2 $ — $ 2
IUL embedded derivatives — 3 — 3
GMWB and GMAB embedded derivatives — — 1,585 1,585
Total future policy benefits and claims — 5 1,585 1,590(1)
Customer deposits — 6 — 6
Other liabilities:
Interest rate derivative contracts — 1,209 — 1,209
Equity derivative contracts 297 764 — 1,061
Foreign currency derivative contracts 3 10 — 13
Other —2—2
Total other liabilities 300 1,985 — 2,285
Total liabilities at fair value $ 300 $ 1,996 $ 1,585 $ 3,881
(1) The Company’s adjustment for nonperformance risk resulted in a $506 million cumulative decrease to the embedded derivative
liability.
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