Ameriprise 2014 Annual Report Download - page 144

The following table presents a rollforward of the cumulative amounts recognized in the Consolidated Statements of
Operations for other-than-temporary impairments related to credit losses on Available-for-Sale securities for which a portion
of the securities’ total other-than-temporary impairments was recognized in other comprehensive income (loss):
December 31,
2014 2013 2012
(in millions)
Beginning balance $ 147 $ 176 $ 303
Credit losses for which an other-than-temporary impairment was not previously recognized — 2 2
Credit losses for which an other-than-temporary impairment was previously recognized 1 7 32
Reductions for securities sold during the period (realized) (50) (38) (161)
Ending balance $ 98 $ 147 $ 176
The change in net unrealized securities gains (losses) in other comprehensive income (loss) includes three components,
net of tax: (i) unrealized gains (losses) that arose from changes in the market value of securities that were held during the
period; (ii) (gains) losses that were previously unrealized, but have been recognized in current period net income due to
sales of Available-for-Sale securities and due to the reclassification of noncredit other-than-temporary impairment losses to
credit losses; and (iii) other adjustments primarily consisting of changes in insurance and annuity asset and liability
balances, such as DAC, DSIC, unearned revenue, benefit reserves and reinsurance recoverables, to reflect the expected
impact on their carrying values had the unrealized gains (losses) been realized as of the respective balance sheet dates.
The following table presents a rollforward of the net unrealized securities gains on Available-for-Sale securities included in
AOCI:
Net Unrealized AOCI Related
Securities Deferred to Net Unrealized
Gains Income Tax Securities Gains
(in millions)
Balance at January 1, 2012 $ 1,350 $ (467) $ 883
Net unrealized securities gains arising during the period(1) 911 (323) 588
Reclassification of net securities gains included in net income (7) 2 (5)
Impact of other adjustments (237) 83 (154)
Balance at December 31, 2012 2,017 (705) 1,312(2)
Net unrealized securities losses arising during the period(1) (1,484) 513 (971)
Reclassification of net securities gains included in net income (7) 2 (5)
Impact of other adjustments 490 (171) 319
Balance at December 31, 2013 1,016 (361) 655(2)
Net unrealized securities gains arising during the period(1) 529 (184) 345
Reclassification of net securities gains included in net income (39) 14 (25)
Impact of other adjustments (290) 101 (189)
Balance at December 31, 2014 $ 1,216 $ (430) $ 786(2)
(1) Includes other-than-temporary impairment losses on Available-for-Sale securities related to factors other than credit that were
recognized in other comprehensive income (loss) during the period.
(2) Includes $5 million, $(4) million and $(18) million of noncredit related impairments on securities and net unrealized securities gains
(losses) on previously impaired securities at December 31, 2014, 2013 and 2012, respectively.
Net realized gains and losses on Available-for-Sale securities, determined using the specific identification method,
recognized in earnings were as follows:
Years Ended December 31,
2014 2013 2012
(in millions)
Gross realized gains $ 53 $ 17 $ 109
Gross realized losses (8) (1) (65)
Other-than-temporary impairments (6) (9) (37)
Total $39 $ 7 $ 7
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