AMERIPRISE FINANCIAL, INC. AMP Income Statement

Ameriprise financial, inc. (AMP)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenues
Net Income from Investment
328	342	356	368	397	395	386	419	396	355	372	391	391	486	387	372	331	460	321	423	484	409	428	433	471	458	491	451	489	503	427	472	531	588	445	498	515	539	525	655	590	531	538	511	418	62	393
Premiums
91	93	374	376	371	363	363	357	343	359	348	348	339	377	374	372	368	374	360	368	353	359	351	345	330	333	324	315	310	311	309	302	301	305	311	312	292	295	303	299	282	287	276	269	266	264	257
Other revenues
373	338	347	316	278	299	358	284	308	303	232	292	278	357	330	248	254	321	296	354	289	355	392	379	340	317	247	249	222	226	161	202	206	228	195	236	204	201	176	231	255	209	109	175	209	249	158
Total revenues
3,026	3,317	3,351	3,282	3,153	3,208	3,316	3,216	3,184	3,194	3,026	3,024	2,936	3,176	3,010	2,879	2,774	3,112	2,893	3,135	3,060	3,096	3,118	3,079	3,003	2,953	2,821	2,757	2,699	2,684	2,479	2,524	2,572	2,593	2,467	2,634	2,545	2,459	2,349	2,482	2,292	1,889	1,979	1,912	1,758	1,672	2,010
Interest Expense, Deposits
25	30	34	37	35	29	24	20	16	14	12	12	10	10	12	8	9	9	7	7	7	7	7	7	7	7	8	8	8	10	11	10	11	11	12	11	13	14	15	20	21	28	33	38	42	43	42
Total net revenues
3,001	3,287	3,317	3,245	3,118	3,179	3,292	3,196	3,168	3,180	3,014	3,012	2,926	3,166	2,998	2,871	2,765	3,103	2,886	3,128	3,053	3,089	3,111	3,072	2,996	2,946	2,813	2,749	2,691	2,674	2,468	2,514	2,561	2,582	2,455	2,623	2,532	2,445	2,334	2,462	2,271	1,861	1,946	1,874	1,716	1,629	1,968
Expenses
Distribution expenses
995	991	971	948	900	910	920	902	905	893	850	831	823	829	798	803	770	816	806	835	819	827	813	810	786	764	731	732	698	595	667	663	666	625	641	659	634	563	519	528	525	184	462	432	384	461	506
Interest credited to fixed accounts
91	152	127	186	204	175	178	180	141	147	176	171	162	158	161	158	146	165	171	160	172	184	168	175	186	206	204	198	198	209	207	209	206	222	214	212	208	223	227	231	228	229	232	237	205	200	192
Benefits, claims, losses and settlement expenses
-1,747	728	594	584	670	444	729	635	494	581	474	611	567	712	855	597	482	714	471	543	533	568	458	506	450	563	492	490	409	443	542	409	505	560	258	405	383	463	636	297	354	341	306	587	100	196	294
Amortization of deferred acquisition costs
512	-7	112	58	16	142	25	63	92	78	48	69	72	55	163	87	110	52	133	94	75	86	116	78	87	54	-14	92	75	89	67	99	31	31	202	89	75	71	-246	171	118	120	-64	-125	286	240	144
Interest and debt expense
46	50	52	59	53	64	50	80	51	53	52	52	50	81	52	53	55	116	98	89	84	91	79	79	79	87	68	60	66	67	68	72	69	96	71	75	75	78	74	74	64	28	45	28	26	27	28
General and administrative expense
753	839	820	823	805	792	802	788	789	833	781	767	777	863	731	763	727	794	744	792	752	775	757	805	758	793	730	775	758	853	718	763	762	722	743	774	771	847	678	699	621	628	625	600	581	681	572
Total expenses
650	2,753	2,676	2,658	2,648	2,527	2,704	2,648	2,472	2,585	2,381	2,501	2,451	2,698	2,760	2,461	2,290	2,657	2,423	2,513	2,435	2,531	2,391	2,453	2,346	2,467	2,211	2,347	2,204	2,256	2,269	2,215	2,239	2,256	2,129	2,214	2,146	2,245	1,888	2,000	1,910	1,530	1,606	1,759	1,582	1,805	1,736
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
2,351	534	641	587	470	652	588	548	696	595	633	511	475	468	238	410	475	446	463	615	618	558	720	619	650	479	602	402	487	418	199	299	322	326	326	409	386	200	446	462	361	331	340	115	134	-176	232
Income tax provision
315	71	98	95	75	113	85	86	102	418	126	118	72	69	23	75	111	66	111	139	139	104	155	152	134	97	154	120	121	87	47	128	73	58	109	118	92	30	132	66	65	58	80	28	18	-92	27
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	454	565	467	516	382	448	282	366	331	152	171	249	268	217	291	294	-	314	396	-	-	-	-	-	-	-
Loss from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	0	0	-1	-2	1	-1	-1	1	-1	-1	-1	13	2	-4	-71	-	-2	2	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	352	476	479	453	565	467	515	380	449	281	365	332	151	170	248	281	219	287	223	146	312	398	296	274	260	87	116	-84	205
Less: Net income attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23	-45	61	86	28	145	93	115	84	67	-40	30	-57	-22	-53	4	45	-105	-28	-18	-26	-32	139	82	37	0	-8	-14	-14	-5
Net Income (Loss) Attributable to Parent
2,036	463	543	492	395	539	503	462	594	177	507	393	403	399	215	335	364	357	397	415	393	425	420	374	400	296	382	321	335	389	173	223	244	236	324	315	241	172	344	259	214	237	260	95	130	-70	210
Earnings Per Share [Abstract]
Earnings Per Share, Basic [Abstract]
Income from continuing operations (in dollars per basic share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.26	2.21	1.94	2.05	1.50	1.90	1.57	1.61	1.81	0.81	1.01	1.08	0.98	1.35	1.30	1.24	-	1.36	0.98	-	-	-	-	-	-	-
Loss from discontinued operations (in dollars per basic share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	-	-0.02	0.00	0.00	0.00	0.01	-0.01	0.00	-0.01	0.04	0.01	-0.02	-0.28	-	-0.01	0.01	-	-	-	-	-	-	-
Net income (in dollars per share)
16.11	3.57	4.09	3.61	2.85	3.82	3.48	3.14	3.97	1.20	3.31	2.53	2.56	2.49	1.31	1.99	2.11	2.03	2.20	2.26	2.11	2.25	2.21	1.94	2.05	1.48	1.90	1.57	1.61	1.82	0.80	1.01	1.07	1.02	1.36	1.28	0.96	0.68	1.35	0.99	0.82	0.99	1.00	0.41	0.58	-0.32	0.94
Earnings Per Share, Diluted [Abstract]
Income from continuing operations (in dollars per diluted share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.22	2.17	1.91	2.01	1.48	1.86	1.54	1.58	1.79	0.79	0.99	1.06	0.96	1.33	1.27	1.21	-	1.33	0.97	-	-	-	-	-	-	-
Loss from discontinued operations (in dollars per diluted share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	-	-0.02	0.00	0.00	0.00	0.00	0.00	0.00	-0.01	0.04	0.01	-0.02	-0.27	-	-0.01	0.01	-	-	-	-	-	-	-
Net income (in dollars per share)
15.88	3.49	4.04	3.57	2.82	3.76	3.43	3.10	3.91	1.16	3.26	2.50	2.52	2.45	1.30	1.97	2.09	2.00	2.17	2.23	2.08	2.21	2.17	1.91	2.01	1.46	1.86	1.54	1.58	1.79	0.79	0.99	1.05	1.00	1.34	1.25	0.94	0.66	1.32	0.98	0.81	0.96	1.00	0.41	0.58	-0.32	0.93
Cash dividends declared per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	0.83	0.75	-	0.75	0.75	0.67	0.67	0.67	0.67	0.58	0.58	0.58	0.58	0.52	0.52	0.52	0.52	0.45	-	0.35	0.35	-	0.51	0.23	0.23	0.18	0.18	0.18	0.18	0.17	0.17	0.17	0.17	0.17	0.17	0.15
Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale [Abstract]
Basic (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	261	260	-	258	228	222	219	223
Diluted (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	265	265	-	260	230	223	221	226
Net investment income before impairment losses on securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	527	656	620	538	558	542	453	-	-
Total other-than-temporary impairment losses on securities
-	-	15	0	-	-	0	0	0	0	0	0	1	0	0	0	2	0	7	0	1	0	5	0	1	0	7	3	1	3	8	14	5	-	13	43	-	7	2	0	32	11	17	30	25	-	-
Portion of loss recognized in other comprehensive income (loss) (before taxes)
-	-	0	0	-	0	0	0	0	0	0	0	0	0	0	0	1	0	0	0	0	-	-	-	-	-3	6	1	-2	-7	-7	6	1	75	-8	-27	2	-3	0	1	-2	-4	3	1	10	-	-
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities
-	-	15	0	-	-	0	0	0	0	0	0	1	0	0	0	1	0	7	0	1	0	5	0	1	3	1	2	3	8	15	8	6	11	5	16	2	4	2	1	30	7	20	31	35	-	-
Net investment income
328	342	356	368	397	395	386	419	396	355	372	391	391	-	387	372	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	525	655	590	531	538	511	418	62	393
Management and financial advice fees [Member]
Revenue from Contract with Customer, Including Assessed Tax
1,770	1,862	1,794	1,732	1,627	1,677	1,739	1,691	1,669	1,721	1,639	1,568	1,487	1,513	1,464	1,439	1,386	1,499	1,465	1,518	1,468	1,489	1,483	1,452	1,386	1,397	1,318	1,294	1,244	1,217	1,191	1,152	1,132	1,101	1,127	1,172	1,137	1,104	996	910	774	709	689	606	554	721	780
Distribution fees [Member]
Revenue from Contract with Customer, Including Assessed Tax
464	469	480	490	480	474	470	465	468	456	435	425	441	443	455	448	435	458	451	472	466	484	464	470	476	448	441	448	434	427	391	396	402	371	389	416	397	320	349	387	391	153	367	351	311	376	422