Ameriprise 2012 Annual Report Download - page 100

Actual capital and regulatory capital requirements for our wholly owned subsidiaries subject to regulatory capital
requirements were as follows:
Regulatory Capital
Actual Capital Requirements
December 31, December 31, December 31, December 31,
2012 2011 2012 2011
(in millions)
RiverSource Life(1)(2) $ 3,257 $ 3,058 $ 620 $ 619
RiverSource Life of NY(1)(2) 256 254 44 41
IDS Property Casualty(1)(3) 462 431 160 148
Ameriprise Insurance Company(1)(3) 43 41 2 2
ACC(4)(5) 204 164 187 151
Threadneedle(6) 183 218 156 170
Ameriprise Bank, FSB(7) 142 402 14 391
AFSI(3)(4) 88 115 2 2
Ameriprise Captive Insurance Company(3) 59 43 12 16
Ameriprise Trust Company(3) 48 44 47 41
AEIS(3)(4) 114 122 39 42
RiverSource Distributors, Inc.(3)(4) 25 27 # #
Columbia Management Investment Distributors, Inc.(3)(4) 29 30 # #
NA Not applicable.
# Amounts are less than $1 million.
(1) Actual capital is determined on a statutory basis.
(2) Regulatory capital requirement is based on the statutory risk-based capital filing.
(3) Regulatory capital requirement is based on the applicable regulatory requirement, calculated as of December 31, 2012 and 2011.
(4) Actual capital is determined on an adjusted GAAP basis.
(5) ACC is required to hold capital in compliance with the Minnesota Department of Commerce and SEC capital requirements.
(6) Actual capital and regulatory capital requirements are determined in accordance with U.K. regulatory legislation. The actual capital
and the regulatory capital requirements at December 31, 2012 represent management’s assessment at September 30, 2012 of the
risk based requirements, as specified by FSA regulations and submitted to the FSA in December 2012.
(7) In January 2013, we completed the conversion of our federal savings bank subsidiary, Ameriprise Bank, FSB, to a limited powers
national trust bank. As of December 31, 2012 and 2011, Ameriprise Bank, FSB was required to maintain capital in compliance with
the Office of the Comptroller of Currency (‘‘OCC’’) regulations and policies.
In addition to the particular regulations restricting dividend payments and establishing subsidiary capitalization
requirements, we take into account the overall health of the business, capital levels and risk management considerations
in determining a dividend strategy for payments to our company from our subsidiaries, and in deciding to use cash to
make capital contributions to our subsidiaries.
During the year ended December 31, 2012, the parent holding company received cash dividends or a return of capital
from its subsidiaries of $1.7 billion (including $865 million from RiverSource Life and $250 million from Ameriprise Bank,
FSB) and contributed cash to its subsidiaries of $131 million. During the year ended December 31, 2011, the parent
holding company received cash dividends or a return of capital from its subsidiaries of $1.2 billion (including $750 million
from RiverSource Life) and contributed cash to its subsidiaries of $128 million. In addition, during the year ended
December 31, 2011, RiverSource Life paid an $850 million dividend to the parent holding company consisting of
high-quality, short-duration securities.
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