Ameriprise 2015 Annual Report Download - page 189
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The following tables summarize selected financial information by segment and reconcile segment totals to those reported
on the consolidated financial statements:
December 31,
2015 2014
(in millions)
Advice & Wealth Management $ 11,338 $ 10,220
Asset Management 7,931 7,509
Annuities 94,002 98,535
Protection 20,755 20,779
Corporate & Other 11,316 11,767
Total assets $ 145,342 $ 148,810
Years Ended December 31,
2015 2014 2013
(in millions)
Operating net revenues:
Advice & Wealth Management $ 5,013 $ 4,806 $ 4,295
Asset Management 3,254 3,320 3,169
Annuities 2,541 2,591 2,561
Protection 2,384 2,287 2,186
Corporate & Other 3415
Eliminations(1) (1,461) (1,417) (1,369)
Total segment operating revenues 11,734 11,591 10,857
Net realized gains 437 7
Revenue attributable to CIEs 446 651 345
Market impact on IUL benefits, net 7 (11) (10)
Market impact of hedges on investments (21) — —
Total net revenues per consolidated statements of operations(2) $ 12,170 $ 12,268 $ 11,199
(1) Represents the elimination of intersegment revenues recognized for the years ended December 31, 2015, 2014 and 2013 in each
segment as follows: Advice and Wealth Management ($1,035, $997 and $980, respectively); Asset Management ($43, $44 and
$39, respectively); Annuities ($340, $235 and $307, respectively); Protection ($42, $139 and $40, respectively); and Corporate &
Other ($1, $2 and $3, respectively).
(2) Includes foreign net revenues of $1,038, $1,315 and $897 for the years ended December 31, 2015, 2014 and 2013, respectively.
Years Ended December 31,
2015 2014 2013
(in millions)
Operating earnings:
Advice & Wealth Management $ 859 $ 792 $ 592
Asset Management 761 788 691
Annuities 650 633 629
Protection 183 246 336
Corporate & Other (199) (230) (229)
Total segment operating earnings 2,254 2,229 2,019
Net realized gains 437 7
Net income attributable to noncontrolling interests 125 381 141
Market impact on variable annuity guaranteed benefits, net (214) (94) (170)
Market impact on IUL benefits, net (1) (6) (13)
Market impact of hedges on investments (21) — —
Integration and restructuring charges (5) — (14)
Income from continuing operations before income tax provision per consolidated
statements of operations $ 2,142 $ 2,547 $ 1,970
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