Ameriprise 2015 Annual Report Download - page 174

The value of the EPP and EIP awards is recognized as compensation expense evenly over the vesting periods. Generally,
the expense is based on the grant date fair value of the awards as determined by an annual independent valuation of
Threadneedle’s fair market value; however, for awards accounted for as a liability the expense is adjusted to reflect
Threadneedle’s current calculated value (the change in the value of the awards is recognized immediately for vested
awards and over the remaining vesting period for unvested awards). During the years ended December 31, 2015,
2014 and 2013, cash settlements of EPP and EIP awards were $28 million, $28 million and $23 million, respectively.
18. Shareholders’ Equity
The following tables provide the amounts related to each component of other comprehensive income (loss) (‘‘OCI’’):
Year Ended December 31, 2015
Income Tax
Pretax Benefit (Expense) Net of Tax
(in millions)
Net unrealized securities losses:
Net unrealized securities losses arising during the period(1) $ (1,027) $ 359 $ (668)
Reclassification of net securities gains included in net income(2) (6) 2 (4)
Impact of deferred acquisition costs, deferred sales inducement costs, unearned
revenue, benefit reserves and reinsurance recoverables 480 (168) 312
Net unrealized securities losses (553) 193 (360)
Net unrealized derivatives losses:
Reclassification of net derivative losses included in net income(3) 1— 1
Net unrealized derivatives losses 1 — 1
Defined benefit plans:
Prior service credit (2) — (2)
Net loss arising during the period (24) 6 (18)
Defined benefit plans (26) 6 (20)
Foreign currency translation (46) 16 (30)
Other comprehensive loss attributable to Ameriprise Financial (624) 215 (409)
Other comprehensive loss attributable to noncontrolling interests (60) — (60)
Total other comprehensive loss $ (684) $ 215 $ (469)
Year Ended December 31, 2014
Income Tax
Pretax Benefit (Expense) Net of Tax
(in millions)
Net unrealized securities gains:
Net unrealized securities gains arising during the period(1) $ 529 $ (184) $ 345
Reclassification of net securities gains included in net income(2) (39) 14 (25)
Impact of deferred acquisition costs, deferred sales inducement costs, unearned
revenue, benefit reserves and reinsurance recoverables (290) 101 (189)
Net unrealized securities gains 200 (69) 131
Net unrealized derivatives losses:
Reclassification of net derivative losses included in net income(3) 1— 1
Net unrealized derivatives losses 1 — 1
Defined benefit plans:
Prior service credit (1) — (1)
Net loss arising during the period (37) 13 (24)
Defined benefit plans (38) 13 (25)
Foreign currency translation (62) 22 (40)
Other comprehensive income attributable to Ameriprise Financial 101 (34) 67
Other comprehensive loss attributable to noncontrolling interests (63) — (63)
Total other comprehensive income $ 38 $ (34) $ 4
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