XML 81 R72.htm IDEA: XBRL DOCUMENT v3.22.2
Fair Values of Assets and Liabilities - Significant Unobservable inputs (Details) - RiverSource Life
$ in Millions
Jun. 30, 2022
USD ($)
Dec. 31, 2021
USD ($)
Significant unobservable inputs used in fair value measurements    
Total Available-for-Sale securities $ 15,104 $ 16,239
Corporate debt securities    
Significant unobservable inputs used in fair value measurements    
Total Available-for-Sale securities 8,409 9,638
Asset backed securities    
Significant unobservable inputs used in fair value measurements    
Total Available-for-Sale securities 482 537
Level 3 | Corporate debt securities    
Significant unobservable inputs used in fair value measurements    
Total Available-for-Sale securities 458 496
Level 3 | Asset backed securities    
Significant unobservable inputs used in fair value measurements    
Total Available-for-Sale securities 236 291
Level 3 | Fixed deferred indexed annuities ceded embedded derivatives    
Significant unobservable inputs used in fair value measurements    
Receivables: embedded derivatives 49 59
Level 3 | IUL embedded derivatives    
Significant unobservable inputs used in fair value measurements    
Embedded derivatives liability 719 905
Level 3 | Fixed deferred indexed annuity embedded derivatives    
Significant unobservable inputs used in fair value measurements    
Embedded derivatives liability 45 $ 56
Level 3 | GMWB and GMAB embedded derivatives    
Significant unobservable inputs used in fair value measurements    
Embedded derivatives liability 1,006  
Embedded derivative liability, measurement input   1,486
Level 3 | Structured variable annuity embedded derivatives    
Significant unobservable inputs used in fair value measurements    
Embedded derivatives liability $ 362 $ 406
Level 3 | Discounted cash flow | Corporate debt securities | Minimum | Yield/spread to U.S. Treasuries    
Significant unobservable inputs used in fair value measurements    
Fixed maturities, measurement inputs 0.010 0.008
Level 3 | Discounted cash flow | Corporate debt securities | Maximum | Yield/spread to U.S. Treasuries    
Significant unobservable inputs used in fair value measurements    
Fixed maturities, measurement inputs 0.037 0.024
Level 3 | Discounted cash flow | Corporate debt securities | Weighted average | Yield/spread to U.S. Treasuries    
Significant unobservable inputs used in fair value measurements    
Fixed maturities, measurement inputs 0.015 0.011
Level 3 | Discounted cash flow | Asset backed securities | Annual default rate    
Significant unobservable inputs used in fair value measurements    
Fixed maturities, measurement inputs 0.066 0.058
Level 3 | Discounted cash flow | Asset backed securities | Loss severity    
Significant unobservable inputs used in fair value measurements    
Fixed maturities, measurement inputs 0.250 0.250
Level 3 | Discounted cash flow | Asset backed securities | Minimum | Yield/spread to swap rates    
Significant unobservable inputs used in fair value measurements    
Fixed maturities, measurement inputs 0.0325 0.0175
Level 3 | Discounted cash flow | Asset backed securities | Maximum | Yield/spread to swap rates    
Significant unobservable inputs used in fair value measurements    
Fixed maturities, measurement inputs 0.0450 0.0275
Level 3 | Discounted cash flow | Asset backed securities | Weighted average | Annual default rate    
Significant unobservable inputs used in fair value measurements    
Fixed maturities, measurement inputs 0.066 0.058
Level 3 | Discounted cash flow | Asset backed securities | Weighted average | Loss severity    
Significant unobservable inputs used in fair value measurements    
Fixed maturities, measurement inputs 0.250 0.250
Level 3 | Discounted cash flow | Asset backed securities | Weighted average | Yield/spread to swap rates    
Significant unobservable inputs used in fair value measurements    
Fixed maturities, measurement inputs 0.0336 0.0182
Level 3 | Discounted cash flow | Fixed deferred indexed annuities ceded embedded derivatives | Minimum | Surrender rate    
Significant unobservable inputs used in fair value measurements    
Embedded derivative asset, measurement input 0.000 0.000
Level 3 | Discounted cash flow | Fixed deferred indexed annuities ceded embedded derivatives | Maximum | Surrender rate    
Significant unobservable inputs used in fair value measurements    
Embedded derivative asset, measurement input 0.668 0.668
Level 3 | Discounted cash flow | Fixed deferred indexed annuities ceded embedded derivatives | Weighted average | Surrender rate    
Significant unobservable inputs used in fair value measurements    
Embedded derivative asset, measurement input 0.014 0.014
Level 3 | Discounted cash flow | IUL embedded derivatives | Nonperformance risk    
Significant unobservable inputs used in fair value measurements    
Embedded derivative liability, measurement input 0.0120 0.0065
Level 3 | Discounted cash flow | IUL embedded derivatives | Weighted average | Nonperformance risk    
Significant unobservable inputs used in fair value measurements    
Embedded derivative liability, measurement input 0.0120 0.0065
Level 3 | Discounted cash flow | Fixed deferred indexed annuity embedded derivatives | Nonperformance risk    
Significant unobservable inputs used in fair value measurements    
Embedded derivative liability, measurement input 0.0120 0.0065
Level 3 | Discounted cash flow | Fixed deferred indexed annuity embedded derivatives | Minimum | Surrender rate    
Significant unobservable inputs used in fair value measurements    
Embedded derivative liability, measurement input 0.000 0.000
Level 3 | Discounted cash flow | Fixed deferred indexed annuity embedded derivatives | Maximum | Surrender rate    
Significant unobservable inputs used in fair value measurements    
Embedded derivative liability, measurement input 0.668 0.668
Level 3 | Discounted cash flow | Fixed deferred indexed annuity embedded derivatives | Weighted average | Surrender rate    
Significant unobservable inputs used in fair value measurements    
Embedded derivative liability, measurement input 0.014 0.014
Level 3 | Discounted cash flow | Fixed deferred indexed annuity embedded derivatives | Weighted average | Nonperformance risk    
Significant unobservable inputs used in fair value measurements    
Embedded derivative liability, measurement input 0.0120 0.0065
Level 3 | Discounted cash flow | GMWB and GMAB embedded derivatives | Nonperformance risk    
Significant unobservable inputs used in fair value measurements    
Embedded derivatives, measurement inputs 0.0120 0.0065
Level 3 | Discounted cash flow | GMWB and GMAB embedded derivatives | Minimum | Surrender rate    
Significant unobservable inputs used in fair value measurements    
Embedded derivatives, measurement inputs 0.001 0.001
Level 3 | Discounted cash flow | GMWB and GMAB embedded derivatives | Minimum | Utilization of guaranteed withdrawals    
Significant unobservable inputs used in fair value measurements    
Embedded derivatives, measurement inputs 0.000 0.000
Level 3 | Discounted cash flow | GMWB and GMAB embedded derivatives | Minimum | Market volatility    
Significant unobservable inputs used in fair value measurements    
Embedded derivatives, measurement inputs 0.044 0.043
Level 3 | Discounted cash flow | GMWB and GMAB embedded derivatives | Maximum | Surrender rate    
Significant unobservable inputs used in fair value measurements    
Embedded derivatives, measurement inputs 0.557 0.557
Level 3 | Discounted cash flow | GMWB and GMAB embedded derivatives | Maximum | Utilization of guaranteed withdrawals    
Significant unobservable inputs used in fair value measurements    
Embedded derivatives, measurement inputs 0.480 0.480
Level 3 | Discounted cash flow | GMWB and GMAB embedded derivatives | Maximum | Market volatility    
Significant unobservable inputs used in fair value measurements    
Embedded derivatives, measurement inputs 0.168 0.168
Level 3 | Discounted cash flow | GMWB and GMAB embedded derivatives | Weighted average | Surrender rate    
Significant unobservable inputs used in fair value measurements    
Embedded derivatives, measurement inputs 0.036 0.036
Level 3 | Discounted cash flow | GMWB and GMAB embedded derivatives | Weighted average | Utilization of guaranteed withdrawals    
Significant unobservable inputs used in fair value measurements    
Embedded derivatives, measurement inputs 0.107 0.106
Level 3 | Discounted cash flow | GMWB and GMAB embedded derivatives | Weighted average | Market volatility    
Significant unobservable inputs used in fair value measurements    
Embedded derivatives, measurement inputs 0.113 0.108
Level 3 | Discounted cash flow | GMWB and GMAB embedded derivatives | Weighted average | Nonperformance risk    
Significant unobservable inputs used in fair value measurements    
Embedded derivatives, measurement inputs 0.0120 0.0065
Level 3 | Discounted cash flow | Structured variable annuity embedded derivatives | Nonperformance risk    
Significant unobservable inputs used in fair value measurements    
Embedded derivative liability, measurement input 0.0120 0.0065
Level 3 | Discounted cash flow | Structured variable annuity embedded derivatives | Minimum | Surrender rate    
Significant unobservable inputs used in fair value measurements    
Embedded derivative liability, measurement input 0.008 0.008
Level 3 | Discounted cash flow | Structured variable annuity embedded derivatives | Maximum | Surrender rate    
Significant unobservable inputs used in fair value measurements    
Embedded derivative liability, measurement input 0.400 0.400
Level 3 | Discounted cash flow | Structured variable annuity embedded derivatives | Weighted average | Surrender rate    
Significant unobservable inputs used in fair value measurements    
Embedded derivative liability, measurement input 0.009 0.009
Level 3 | Discounted cash flow | Structured variable annuity embedded derivatives | Weighted average | Nonperformance risk    
Significant unobservable inputs used in fair value measurements    
Embedded derivative liability, measurement input 0.0120 0.0065