Ameriprise 2013 Annual Report Download - page 159

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The following tables provide a summary of changes in Level 3 assets and liabilities of Ameriprise Financial measured at fair
value on a recurring basis:
Policyholder Account Balances,
Available-for-Sale Securities Future Policy Benefits and Claims
Residential Commercial GMWB and
Corporate Mortgage Mortgage Asset IUL GMAB
Debt Backed Backed Backed Common Trading Embedded Embedded
Securities Securities Securities Securities Stocks Total Securities Derivatives Derivatives Total
(in millions)
Balance, January 1, 2013 $ 1,764 $ 284 $ 206 $ 178 $ 6 $ 2,438 $ — $ (45) $ (833) $ (878)
Total gains (losses)
included in:
Net income (3) — — 2 — (1)(1) — (19)(2) 1,617(3) 1,598
Other comprehensive
income (41) — (6) 9 1 (37) — — — —
Purchases 135 335 25 259 — 754 2 — — —
Sales — — — — — — — — — —
Issues — — — — — — — (62) (228) (290)
Settlements (215) (18) (36) (5) — (274) — 1 19 20
Transfers into Level 3 — — — 8 — 8 — — — —
Transfers out of Level 3 — (414) (159) (191) (1) (765) — — — —
Balance, December 31,
2013 $ 1,640 $ 187 $ 30 $ 260 $ 6 $ 2,123 $ 2 $ (125) $ 575 $ 450
Changes in unrealized gains
(losses) relating to assets
and liabilities held at
December 31, 2013
included in:
Net investment income $ (3) $ — $ — $ 2 $ — $ (1) $ — $ — $ — $ —
Interest credited to fixed
accounts — — — — — — — (19) — (19)
Benefits, claims, losses
and settlement
expenses — — — — — — — — 1,598 1,598
(1) Included in net investment income in the Consolidated Statements of Operations.
(2) Included in interest credited to fixed accounts in the Consolidated Statements of Operations.
(3) Included in benefits, claims, losses and settlement expenses in the Consolidated Statements of Operations.
Policyholder Account Balances,
Available-for-Sale Securities Future Policy Benefits and Claims
Residential Commercial GMWB and
Corporate Mortgage Mortgage Asset IUL GMAB
Debt Backed Backed Backed Common Embedded Embedded
Securities Securities Securities Securities Stocks Total Derivatives Derivatives Total
(in millions)
Balance, January 1, 2012 $ 1,355 $ 215 $ 50 $ 189 $ 5 $ 1,814 $ — $ (1,585) $ (1,585)
Total gains (losses)
included in:
Net income (1) (45) 1 3 — (42)(1) 8(2) 948(3) 956
Other comprehensive
income 12 68 8 1 — 89 — — —
Purchases 543 309 20 — 2 874 — — —
Sales — (75) (19) (18) — (112) — — —
Issues — — — — — — (31) (188) (219)
Settlements (155) (56) (3) (19) — (233) — (8) (8)
Transfers into Level 3 10 42 183 22 — 257 (22) — (22)
Transfers out of Level 3 — (174) (34) — (1) (209) — — —
Balance, December 31,
2012 $ 1,764 $ 284 $ 206 $ 178 $ 6 $ 2,438 $ (45) $ (833) $ (878)
Changes in unrealized gains
(losses) relating to assets
and liabilities held at
December 31, 2012
included in:
Net investment income $ (1) $ — $ 1 $ 2 $ — $ 2 $ — $ — $ —
Interest credited to fixed
accounts — — — — — — 8 — 8
Benefits, claims, losses
and settlement
expenses — — — — — — — 908 908
(1) Included in net investment income in the Consolidated Statements of Operations.
(2) Included in interest credited to fixed accounts in the Consolidated Statements of Operations.
(3) Included in benefits, claims, losses and settlement expenses in the Consolidated Statements of Operations.
142