XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Investments:    
Reinsurance recoverables (allowance for credit losses: 2022, $10; 2021, $11) $ 4,459 $ 4,529
Deferred acquisition costs 2,949 2,757
Separate account assets 73,429 92,238
Total assets 117,151 139,496
Liabilities:    
Policyholder account balances, future policy benefits and claims 35,170 35,744
Short-term borrowings 200 200
Separate account liabilities 73,429 92,238
Total liabilities 116,092 137,611
Shareholder’s equity:    
Common stock, $30 par value; 100,000 shares authorized, issued and outstanding 3 3
Additional paid-in capital 2,466 2,466
Accumulated deficit (768) (912)
Accumulated other comprehensive income (loss), net of tax (642) 328
Total shareholder’s equity 1,059 1,885
Total liabilities and shareholder’s equity 117,151 139,496
RiverSource Life    
Investments:    
Available-for-Sale: Fixed maturities, at fair value (amortized cost: 2022, $15,747; 2021, $14,718) (allowance for credit losses: 2022, $1; 2021, $1) 15,104 16,239
Mortgage loans, at amortized cost (allowance for credit losses: 2022, $11; 2021, $12) 1,821 1,788
Policy loans 833 834
Other investments (allowance for credit losses: 2022, nil; 2021, nil) 243 230
Total investments 18,001 19,091
Cash and cash equivalents 2,544 3,200
Receivables 8,125 8,148
Accrued investment income 130 124
Other assets 5,348 7,084
Liabilities:    
Short-term borrowings 200 200
Long-term debt 500 500
Other liabilities 4,653 6,628
Consolidated investment entities    
Investments:    
Total investments 2,073 2,184
Cash and cash equivalents 72 121
Receivables 19 17
Other assets 2 3
Liabilities:    
Long-term debt 2,078 2,164
Other liabilities $ 62 $ 137