AMERIPRISE FINANCIAL INC - FORM 8-K - EX-99.2

Attached files

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8-K - 8-K - AMERIPRISE FINANCIAL INC	a15-3097_18k.htm
EX-99.1 - EX-99.1 - AMERIPRISE FINANCIAL INC	a15-3097_1ex99d1.htm

Exhibit 99.2

Statistical Supplement Package

(unaudited)

Fourth Quarter 2014

Ameriprise Financial, Inc.

Statistical Supplement Information

Table of Contents

	Page
Ameriprise Financial, Inc.
Statistical Supplement Presentation	4
Consolidated GAAP Income Statements	5
Consolidated Operating Results and Highlights	6
Common Share and Capital Summary	8
Segment Summary	10
Advice & Wealth Management Segment
Segment Operating Income Statements	12
Segment Metrics	13
Asset Management Segment
Segment Operating Income Statements	15
Segment Metrics	16
Columbia Asset Management Products	17
Threadneedle Asset Management Products	18
Retail Fund Performance - Columbia	19
Retail Fund Performance - Threadneedle	20
Annuities Segment
Segment Operating Income Statements	22
Segment Metrics	23
Protection Segment
Segment Operating Income Statements	25
Segment Metrics	26
Corporate & Other Segment
Segment Operating Income Statements	28
Eliminations
Operating Income Statements	29
Balance Sheet and Ratings Information
Consolidated Balance Sheets	31
Capital and Ratings Information	32
Investments	33
Non-GAAP Financial Information	34
Glossary of Selected Terminology
Glossary of Selected Terminology - Segments	35
Glossary of Selected Terminology	36
Exhibit A
Disclosed Items	38
Exhibit B
Non-GAAP Financial Measure Reconciliations	44

Statistical Supplement Package

(unaudited)

Fourth Quarter 2014

Consolidated Results

Ameriprise Financial, Inc.

Statistical Supplement Presentation

Fourth Quarter 2014

Ameriprise Financial, Inc. (“Ameriprise Financial” or “the Company”) prepares its financial statements in accordance with generally accepted accounting principles (“GAAP”). Management believes that operating measures, which exclude net realized gains or losses; the market impact on variable annuity guaranteed benefits, net of hedges and the related deferred sales inducement costs (“DSIC”) and deferred acquisition costs (“DAC”) amortization; the market impact on indexed universal life benefits, net of hedges and the related DAC amortization, unearned revenue amortization, and the reinsurance accrual; integration and restructuring charges; income (loss) from discontinued operations and the impact of consolidating certain investment entities (“CIEs”), best reflect the underlying performance of our core operations and facilitate a more meaningful trend analysis. The Company also uses a number of non-GAAP financial measures to evaluate its financial performance on a basis comparable to that used by some securities analysts and investors. However, these measures are not a substitute for GAAP. Therefore, reconciliations to GAAP measures are provided on page 6 and in Exhibit B “Non-GAAP Financial Measure Reconciliations” on pages 44 and 45.

The market impact on variable annuity guaranteed benefits and indexed universal life benefits includes changes in liability values caused by changes in financial market conditions, net of changes in economic hedge values. The market impact also includes certain valuation adjustments made in accordance with Financial Accounting Standards Board Accounting Standards Codification 820, Fair Value Measurements and Disclosures (“ASC 820”), including the impact on liability values of discounting projected benefits to reflect a current estimate of RiverSource Life Insurance Company’s nonperformance spread. Further, the market impact is net of related impacts on DAC, DSIC and unearned revenue amortization as well as a reinsurance accrual for indexed universal life. The market impact relates to guaranteed minimum accumulation benefits, non-life contingent guaranteed minimum withdrawal benefits and indexed universal life benefits accounted for at fair value as embedded derivatives.

Operating earnings is the measure of segment profit or loss management uses to evaluate segment performance. Operating earnings should not be viewed as a substitute for GAAP income from continuing operations before income tax provision. Management believes the presentation of segment operating earnings as we measure it for management purposes enhances the understanding of our business by reflecting the underlying performance of our core operations and facilitating a more meaningful trend analysis.

In addition, management uses adjusted net pretax operating margin in the Asset Management segment to evaluate segment performance on a basis comparable to other asset managers. In the Asset Management segment, operating revenues are adjusted to exclude distribution pass through revenues and subadvisory and other pass through revenues, and operating earnings are adjusted to exclude operating net investment income and amortization of intangibles.

Ameriprise Financial, Inc.

Consolidated GAAP Income Statements

Fourth Quarter 2014

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 4Q					YTD Chg - 4Q					Seq Qtr Chg - 4Q
(in millions, except per share amounts, unaudited)	4 Qtr 2013			1 Qtr 2014			2 Qtr 2014			3 Qtr 2014			4 Qtr 2014			2013			2014			Diff.			%		Diff.			%		Diff.			%

Revenues
Management and financial advice fees	$	1,397		$	1,386		$	1,452		$	1,483		$	1,489		$	5,253		$	5,810		$	92		7	%	$	557		11	%	$	6		—
Distribution fees	448			476			470			464			484			1,771			1,894			36			8	%	123			7	%	20			4	%
Net investment income	458			471			433			428			409			1,889			1,741			(49		)	(11	)%	(148		)	(8	)%	(19		)	(4	)%
Premiums	333			330			345			351			359			1,282			1,385			26			8	%	103			8	%	8			2	%
Other revenues	317			340			379			392			355			1,035			1,466			38			12	%	431			42	%	(37		)	(9	)%
Total revenues	2,953			3,003			3,079			3,118			3,096			11,230			12,296			143			5	%	1,066			9	%	(22		)	(1	)%
Banking and deposit interest expense	7			7			7			7			7			31			28			—			—		(3		)	(10	)%	—			—
Total net revenues	2,946			2,996			3,072			3,111			3,089			11,199			12,268			143			5	%	1,069			10	%	(22		)	(1	)%

Expenses
Distribution expenses	764			786			810			813			827			2,925			3,236			63			8	%	311			11	%	14			2	%
Interest credited to fixed accounts	206			186			175			168			184			806			713			(22		)	(11	)%	(93		)	(12	)%	16			10	%
Benefits, claims, losses and settlement expenses	563			450			506			458			568			1,954			1,982			5			1	%	28			1	%	110			24	%
Amortization of deferred acquisition costs	54			87			78			116			86			207			367			32			59	%	160			77	%	(30		)	(26	)%
Interest and debt expense	87			79			79			79			91			281			328			4			5	%	47			17	%	12			15	%
General and administrative expense	793			758			805			757			775			3,056			3,095			(18		)	(2	)%	39			1	%	18			2	%
Total expenses	2,467			2,346			2,453			2,391			2,531			9,229			9,721			64			3	%	492			5	%	140			6	%

Income from continuing operations before income tax provision	479			650			619			720			558			1,970			2,547			79			16	%	577			29	%	(162		)	(23	)%
Income tax provision	97			134			152			155			104			492			545			7			7	%	53			11	%	(51		)	(33	)%
Income from continuing operations	382			516			467			565			454			1,478			2,002			72			19	%	524			35	%	(111		)	(20	)%
Income (loss) from discontinued operations, net of tax	(2		)	(1		)	—			—			(1		)	(3		)	(2		)	1			50	%	1			33	%	(1		)	—
Net income	380			515			467			565			453			1,475			2,000			73			19	%	525			36	%	(112		)	(20	)%
Less: Net income (loss) attributable to noncontrolling interests	84			115			93			145			28			141			381			(56		)	(67	)%	240			#		(117		)	(81	)%
Net income attributable to Ameriprise Financial	$	296		$	400		$	374		$	420		$	425		$	1,334		$	1,619		$	129		44	%	$	285		21	%	$	5		1	%

Net Investment Income
Investment income on fixed maturities	$	381		$	374		$	375		$	365		$	365		$	1,575		$	1,479		$	(16	)	(4	)%	$	(96	)	(6	)%	$	—		—
Realized gains (losses)	—			5			1			4			27			7			37			27			—		30			#		23			#
Affordable housing	(1		)	(6		)	(6		)	(8		)	(5		)	(12		)	(25		)	(4		)	#		(13		)	#		3			38	%
Other (including seed money)	23			24			20			26			23			99			93			—			—		(6		)	(6	)%	(3		)	(12	)%
Consolidated investment entities	55			74			43			41			(1		)	220			157			(56		)	#		(63		)	(29	)%	(42		)	#
Total net investment income	$	458		$	471		$	433		$	428		$	409		$	1,889		$	1,741		$	(49	)	(11	)%	$	(148	)	(8	)%	$	(19	)	(4	)%

Earnings Per Share
Basic
Income from continuing operations	$	1.50		$	2.05		$	1.94		$	2.21		$	2.27		$	6.58		$	8.46		$	0.77		51	%	$	1.88		29	%	$	0.06		3	%
Income (loss) from discontinued operations	(0.01		)	—			—			—			(0.01		)	(0.02		)	(0.01		)	—			—		0.01			50	%	(0.01		)	—
Net income	$	1.49		$	2.05		$	1.94		$	2.21		$	2.26		$	6.56		$	8.45		$	0.77		52	%	$	1.89		29	%	$	0.05		2	%

Diluted
Income from continuing operations	$	1.47		$	2.01		$	1.91		$	2.17		$	2.23		$	6.46		$	8.31		$	0.76		52	%	$	1.85		29	%	$	0.06		3	%
Income (loss) from discontinued operations	(0.01		)	—			—			—			(0.01		)	(0.02		)	(0.01		)	—			—		0.01			50	%	(0.01		)	—
Net income	$	1.46		$	2.01		$	1.91		$	2.17		$	2.22		$	6.44		$	8.30		$	0.76		52	%	$	1.86		29	%	$	0.05		2	%
Earnings per diluted share growth (from continuing operations)	(18.3		)%	27.2		%	24.0		%	16.7		%	51.7		%	39.5		%	28.6		%	70.0		%			(10.9		)%			35.0		%

Weighted average common shares outstanding
Basic weighted average common shares outstanding	198.3			195.5			192.7			190.3			187.9			203.2			191.6			(10.4		)	(5	)%	(11.6		)	(6	)%	(2.4		)	(1	)%
Effect of potentially dilutive nonqualified stock options and other share-based awards	4.0			3.6			3.5			3.4			3.3			3.9			3.4			(0.7		)	(18	)%	(0.5		)	(13	)%	(0.1		)	(3	)%
Diluted weighted average common shares outstanding	202.3			199.1			196.2			193.7			191.2			207.1			195.0			(11.1		)	(5	)%	(12.1		)	(6	)%	(2.5		)	(1	)%

Metrics
Net revenue growth	10.2		%	11.3		%	11.7		%	10.6		%	4.9		%	9.6		%	9.5		%	(5.3		)%			(0.1		)%			(5.7		)%
Pretax income margin (1)	16.3		%	21.7		%	20.1		%	23.1		%	18.1		%	17.6		%	20.8		%	1.8		%			3.2		%			(5.0		)%
Effective tax rate	20.5		%	20.7		%	24.5		%	21.6		%	18.7		%	25.0		%	21.4		%	(1.8		)%			(3.6		)%			(2.9		)%
Effective tax rate excluding noncontrolling interests (2)	24.8		%	25.1		%	28.7		%	27.0		%	19.7		%	26.9		%	25.2		%	(5.1		)%			(1.7		)%			(7.3		)%

Ameriprise Financial shareholders’ equity / outstanding shares (3)	$	41.65		$	42.99		$	44.03		$	43.68		$	43.47		$	41.65		$	43.47		$	1.82		4	%	$	1.82		4	%	$	(0.21	)	—
Ameriprise Financial shareholders’ equity excluding AOCI / outstanding shares (2)(4)	$	38.62		$	39.14		$	39.23		$	39.74		$	39.93		$	38.62		$	39.93		$	1.31		3	%	$	1.31		3	%	$	0.19		—

(1) Calculated as income from continuing operations before income tax provision divided by total net revenues.

(2) See non-GAAP financial information on pg 34. Non-GAAP financial measure reconciliations can be found on pages 44 and 45.

(3) Calculated as Ameriprise Financial shareholders’ equity divided by common shares outstanding plus common stock equivalents outstanding at period end.

(4) Calculated as Ameriprise Financial shareholders’ equity excluding AOCI divided by common shares outstanding plus common stock equivalents outstanding at period end.

# Variance of greater than 100%.

Ameriprise Financial, Inc.

Consolidated Operating Results and Highlights

Fourth Quarter 2014

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 4Q					YTD Chg - 4Q					Seq Qtr Chg - 4Q
(in millions except per share amounts, unaudited)	4 Qtr 2013			1 Qtr 2014			2 Qtr 2014			3 Qtr 2014			4 Qtr 2014			2013			2014			Diff.			%		Diff.			%		Diff.			%

Revenues
Total net revenues	$	2,946		$	2,996		$	3,072		$	3,111		$	3,089		$	11,199		$	12,268		$	143		5	%	$	1,069		10	%	$	(22	)	(1	)%
Less revenues attributable to the CIEs	137			177			160			206			108			345			651			(29		)	(21	)%	306			89	%	(98		)	(48	)%
Less realized gains (losses)	—			5			1			4			27			7			37			27			—		30			#		23			#
Less market impact on indexed universal life benefits	(7		)	2			(4		)	2			(11		)	(10		)	(11		)	(4		)	(57	)%	(1		)	(10	)%	(13		)	#
Operating total net revenues (1)	$	2,816		$	2,812		$	2,915		$	2,899		$	2,965		$	10,857		$	11,591		$	149		5	%	$	734		7	%	$	66		2	%

Earnings
Net income attributable to Ameriprise Financial	$	296		$	400		$	374		$	420		$	425		$	1,334		$	1,619		$	129		44	%	$	285		21	%	$	5		1	%
Less income (loss) from discontinued operations, net of tax	(2		)	(1		)	—			—			(1		)	(3		)	(2		)	1			50	%	1			33	%	(1		)	—
Net income from continuing operations attributable to Ameriprise Financial	298			401			374			420			426			1,337			1,621			128			43	%	284			21	%	6			1	%
Integration/restructuring charges, net of tax (2)	7			—			—			—			—			9			—			(7		)	#		(9		)	#		—			—
Market impact on variable annuity guaranteed benefits, net of tax (2)	68			10			35			(5		)	21			111			61			(47		)	(69	)%	(50		)	(45	)%	26			#
Market impact on indexed universal life benefits, net of tax (2)	5			(1		)	—			(5		)	10			8			4			5			#		(4		)	(50	)%	15			#
Less realized gains (losses), net of tax (2)	—			3			1			3			17			5			24			17			—		19			#		14			#
Operating earnings (1)	$	378		$	407		$	408		$	407		$	440		$	1,460		$	1,662		$	62		16	%	$	202		14	%	$	33		8	%

Pretax Earnings
Income from continuing operations before income tax provision	$	479		$	650		$	619		$	720		$	558		$	1,970		$	2,547		$	79		16	%	$	577		29	%	$	(162	)	(23	)%
Less net income (loss) attributable to noncontrolling interests	84			115			93			145			28			141			381			(56		)	(67	)%	240			#		(117		)	(81	)%
Pretax earnings excluding CIEs	395			535			526			575			530			1,829			2,166			135			34	%	337			18	%	(45		)	(8	)%
Integration/restructuring charges	11			—			—			—			—			14			—			(11		)	#		(14		)	#		—			—
Market impact on variable annuity guaranteed benefits	104			15			54			(9		)	34			170			94			(70		)	(67	)%	(76		)	(45	)%	43			#
Market impact on indexed universal life benefits	9			(1		)	—			(8		)	15			13			6			6			67	%	(7		)	(54	)%	23			#
Less realized gains (losses)	—			5			1			4			27			7			37			27			—		30			#		23			#
Pretax operating earnings (1)	$	519		$	544		$	579		$	554		$	552		$	2,019		$	2,229		$	33		6	%	$	210		10	%	$	(2	)	—

Pretax Operating Margin (1)(3)	18.4		%	19.3		%	19.9		%	19.1		%	18.6		%	18.6		%	19.2		%	0.2		%			0.6		%			(0.5		)%

Operating Effective Tax Rate (1)(4)	27.2		%	25.2		%	29.5		%	26.5		%	20.3		%	27.7		%	25.4		%	(6.9		)%			(2.3		)%			(6.2		)%

Weighted Average Common Shares Outstanding
Basic	198.3			195.5			192.7			190.3			187.9			203.2			191.6			(10.4		)	(5	)%	(11.6		)	(6	)%	(2.4		)	(1	)%
Diluted	202.3			199.1			196.2			193.7			191.2			207.1			195.0			(11.1		)	(5	)%	(12.1		)	(6	)%	(2.5		)	(1	)%

Operating Earnings Per Share (1)
Basic operating earnings per share	$	1.91		$	2.08		$	2.12		$	2.14		$	2.34		$	7.19		$	8.67		$	0.43		23	%	$	1.48		21	%	$	0.20		9	%
Operating earnings per diluted share	$	1.87		$	2.04		$	2.08		$	2.10		$	2.30		$	7.05		$	8.52		$	0.43		23	%	$	1.47		21	%	$	0.20		10	%

Return on Equity
Return on equity excluding AOCI (1)(4)	17.2		%	18.2		%	19.1		%	19.7		%	21.5		%	17.2		%	21.5		%	4.3		%			4.3		%			1.8		%
Operating return on equity excluding AOCI (1)(4)	19.7		%	20.8		%	21.7		%	22.1		%	23.0		%	19.7		%	23.0		%	3.3		%			3.3		%			0.9		%

(1) See non-GAAP financial information on pg 34.

(2) Calculated using the statutory tax rate of 35%.

(3) Defined as pretax operating earnings as a percentage of operating total net revenues.

(4) Non-GAAP financial measure reconciliations can be found on pg 44.

# Variance of greater than 100%.

Ameriprise Financial, Inc.

Consolidated Operating Results and Highlights

Fourth Quarter 2014

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 4Q					YTD Chg - 4Q					Seq Qtr Chg - 4Q
(in millions except per share amounts, headcount and where noted, unaudited)	4 Qtr 2013			1 Qtr 2014			2 Qtr 2014			3 Qtr 2014			4 Qtr 2014			2013			2014			Diff.			%		Diff.			%		Diff.			%
Book Value
Ameriprise Financial shareholders’ equity excluding CIEs / outstanding shares (1)(2)	$	40.02		$	41.24		$	42.42		$	42.12		$	42.28		$	40.02		$	42.28		$	2.26		6	%	$	2.26		6	%	$	0.16		—
Ameriprise Financial shareholders’ equity excluding CIEs and AOCI / outstanding shares (1)(3)	$	36.91		$	37.31		$	37.55		$	38.11		$	38.67		$	36.91		$	38.67		$	1.76		5	%	$	1.76		5	%	$	0.56		1	%

Operating Metrics
Operating total net revenue growth: Target 6 - 8%	8.4		%	7.8		%	6.5		%	7.6		%	5.3		%	7.0		%	6.8		%	(3.1		)%			(0.2		)%			(2.3		)%
Operating earnings per diluted share growth: Target 12 - 15%	9.4		%	28.3		%	23.1		%	9.9		%	23.0		%	26.1		%	20.9		%	13.6		%			(5.2		)%			13.1		%
Operating return on equity excluding AOCI: Target 19 - 23% (1)	19.7		%	20.8		%	21.7		%	22.1		%	23.0		%	19.7		%	23.0		%	3.3		%			3.3		%			0.9		%

Debt to Capital
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital	24.9		%	24.6		%	23.0		%	27.0		%	27.4		%	24.9		%	27.4		%	2.5		%			2.5		%			0.4		%

Goodwill and Intangible Assets	$	2,061		$	2,054		$	2,055		$	2,036		$	2,010		$	2,061		$	2,010		$	(51	)	(2	)%	$	(51	)	(2	)%	$	(26	)	(1	)%

Assets Under Management and Administration
Advice & Wealth Management AUM (4)	$	153,068		$	158,839		$	167,277		$	168,724		$	174,088		$	153,068		$	174,088		$	21,020		14	%	$	21,020		14	%	$	5,364		3	%
Asset Management AUM	500,844			503,896			518,260			504,793			505,588			500,844			505,588			4,744			1	%	4,744			1	%	795			—
Corporate AUM	914			869			887			861			826			914			826			(88		)	(10	)%	(88		)	(10	)%	(35		)	(4	)%
Eliminations	(20,501		)	(20,548		)	(21,266		)	(21,699		)	(21,885		)	(20,501		)	(21,885		)	(1,384		)	(7	)%	(1,384		)	(7	)%	(186		)	(1	)%
Total Assets Under Management	634,325			643,056			665,158			652,679			658,617			634,325			658,617			24,292			4	%	24,292			4	%	5,938			1	%
Total Assets Under Administration (4)	137,016			139,751			144,748			144,075			147,560			137,016			147,560			10,544			8	%	10,544			8	%	3,485			2	%
Total AUM and AUA	$	771,341		$	782,807		$	809,906		$	796,754		$	806,177		$	771,341		$	806,177		$	34,836		5	%	$	34,836		5	%	$	9,423		1	%

Business Metrics
Total Ameriprise client assets	$	409,147		$	418,384		$	434,659		$	433,804		$	444,391		$	409,147		$	444,391		$	35,244		9	%	$	35,244		9	%	$	10,587		2	%
Total branded financial advisors	9,716			9,704			9,692			9,696			9,672			9,716			9,672			(44		)	—		(44		)	—		(24		)	—

Net Flows and Net Deposits
Branded advisor wrap (5)	$	2,845		$	4,205		$	3,019		$	3,834		$	3,130		$	13,055		$	14,188		$	285		10	%	$	1,133		9	%	$	(704	)	(18	)%
Asset Management	5,530			(3,897		)	4,424			(4,117		)	5,682			(6,648		)	2,092			152			3	%	8,740			#		9,799			#
Annuities	(567		)	(815		)	(916		)	(740		)	(721		)	(1,811		)	(3,192		)	(154		)	(27	)%	(1,381		)	(76	)%	19			3	%
Variable universal life / Universal life	(25		)	(38		)	(31		)	(39		)	(30		)	(158		)	(138		)	(5		)	(20	)%	20			13	%	9			23	%

S&P 500
Daily average	1,772			1,835			1,899			1,977			2,012			1,644			1,931			240			14	%	287			17	%	35			2	%
Period end	1,848			1,872			1,960			1,972			2,059			1,848			2,059			211			11	%	211			11	%	87			4	%

(1) See non-GAAP financial information on pg 34. Non-GAAP financial measure reconciliations can be found on pages 44 and 45.

(2) Calculated as Ameriprise Financial shareholders’ equity excluding CIEs divided by common shares outstanding plus common stock equivalents outstanding at period end.

(3) Calculated as Ameriprise Financial shareholders’ equity excluding CIEs and AOCI divided by common shares outstanding plus common stock equivalents outstanding at period end.

(4) In the fourth quarter of 2014, non-advisory wrap account assets were reclassified from assets under management to assets under administration. All prior periods have been restated.

(5) Beginning April 1, 2014, net flows reflect all additions and withdrawals to and from the Ameriprise Strategic Portfolio Service (“SPS”) wrap account program. For all periods presented prior to April 1, 2014, additions and withdrawals to and from certain non-billable investments of this program were reflected in the Market appreciation (depreciation) and other line and purchases and sales of billable investments were reported in the Net flows line. Net flows for the SPS program are now reported on a consistent basis with our other wrap account programs. See page 13 for wrap asset rollforward details.

# Variance of greater than 100%.

Ameriprise Financial, Inc.

Common Share and Capital Summary

Fourth Quarter 2014


																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 4Q					YTD Chg - 4Q					Seq Qtr Chg - 4Q
(in millions unless otherwise noted, unaudited)	4 Qtr 2013			1 Qtr 2014			2 Qtr 2014			3 Qtr 2014			4 Qtr 2014			2013			2014			Diff.			%		Diff.			%		Diff.			%
Common shares
Beginning balance	195.2			192.1			190.6			187.7			185.4			203.9			192.1			(9.8		)	(5	)%	(11.8		)	(6	)%	(2.3		)	(1	)%
Repurchases	(3.5		)	(3.2		)	(3.2		)	(2.7		)	(2.7		)	(17.8		)	(11.8		)	0.8			23	%	6.0			34	%	—			—
Issuances	0.7			3.1			0.9			0.8			0.9			9.4			5.7			0.2			29	%	(3.7		)	(39	)%	0.1			13	%
Other	(0.3		)	(1.4		)	(0.6		)	(0.4		)	(0.5		)	(3.4		)	(2.9		)	(0.2		)	(67	)%	0.5			15	%	(0.1		)	(25	)%
Total common shares outstanding	192.1			190.6			187.7			185.4			183.1			192.1			183.1			(9.0		)	(5	)%	(9.0		)	(5	)%	(2.3		)	(1	)%
Restricted stock units	4.6			3.5			3.7			3.7			3.8			4.6			3.8			(0.8		)	(17	)%	(0.8		)	(17	)%	0.1			3	%
Total basic common shares outstanding	196.7			194.1			191.4			189.1			186.9			196.7			186.9			(9.8		)	(5	)%	(9.8		)	(5	)%	(2.2		)	(1	)%
Total potentially dilutive shares	4.1			3.5			3.3			3.4			3.2			4.1			3.2			(0.9		)	(22	)%	(0.9		)	(22	)%	(0.2		)	(6	)%
Total diluted shares	200.8			197.6			194.7			192.5			190.1			200.8			190.1			(10.7		)	(5	)%	(10.7		)	(5	)%	(2.4		)	(1	)%

Capital Returned to Shareholders
Dividends paid	$	104		$	103		$	112		$	111		$	109		$	411		$	435		$	5		5	%	$	24		6	%	$	(2	)	(2	)%
Common stock share repurchases	$	371		$	354		$	352		$	331		$	335		$	1,481		$	1,372		$	(36	)	(10	)%	$	(109	)	(7	)%	$	4		1	%

Allocated Capital (1)
Advice & Wealth Management	$	462		$	466		$	508		$	510		$	510		$	462		$	510		$	48		10	%	$	48		10	%	$	—		—
Asset Management	1,894			1,860			1,860			1,905			1,884			1,894			1,884			(10		)	(1	)%	(10		)	(1	)%	(21		)	(1	)%
Annuities	2,956			2,800			2,552			1,938			1,982			2,956			1,982			(974		)	(33	)%	(974		)	(33	)%	44			2	%
Protection	1,815			1,839			1,879			1,897			1,962			1,815			1,962			147			8	%	147			8	%	65			3	%
Corporate & Other	2,777			2,921			2,833			3,950			3,884			2,777			3,884			1,107			40	%	1,107			40	%	(66		)	(2	)%
Total allocated capital	$	9,904		$	9,886		$	9,632		$	10,200		$	10,222		$	9,904		$	10,222		$	318		3	%	$	318		3	%	$	22		—

(1) Allocated capital equals Ameriprise Financial shareholders’ equity excluding consolidated investment entities less AOCI plus Ameriprise Financial long-term debt excluding fair value of hedges and unamortized discount. Allocated capital is not adjusted for non-operating items except for CIEs.

Statistical Supplement Package

(unaudited)

Fourth Quarter 2014

Segment Results

Ameriprise Financial, Inc.

Segment Summary

Fourth Quarter 2014

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 4Q					YTD Chg - 4Q					Seq Qtr Chg - 4Q
(in millions unless otherwise noted, unaudited)	4 Qtr 2013			1 Qtr 2014			2 Qtr 2014			3 Qtr 2014			4 Qtr 2014			2013			2014			Diff.			%		Diff.			%		Diff.			%
Segment Summary
Advice & Wealth Management
Operating total net revenues	$	1,127		$	1,149		$	1,198		$	1,210		$	1,249		$	4,295		$	4,806		$	122		11	%	$	511		12	%	$	39		3	%
Operating expenses	967			968			1,004			1,005			1,037			3,703			4,014			70			7	%	311			8	%	32			3	%
Pretax operating earnings	$	160		$	181		$	194		$	205		$	212		$	592		$	792		$	52		33	%	$	200		34	%	$	7		3	%

Allocated capital	$	462		$	466		$	508		$	510		$	510		$	462		$	510		$	48		10	%	$	48		10	%	$	—		—
Operating return on allocated capital (1)	94.6		%	102.4		%	106.0		%	112.3		%	120.5		%	94.6		%	120.5		%	25.9		%			25.9		%			8.2		%
Pretax operating margin	14.2		%	15.8		%	16.2		%	16.9		%	17.0		%	13.8		%	16.5		%	2.8		%			2.7		%			0.1		%

Asset Management
Operating total net revenues	$	824		$	807		$	844		$	839		$	830		$	3,169		$	3,320		$	6		1	%	$	151		5	%	$	(9	)	(1	)%
Operating expenses	637			624			645			631			632			2,478			2,532			(5		)	(1	)%	54			2	%	1			—
Pretax operating earnings	$	187		$	183		$	199		$	208		$	198		$	691		$	788		$	11		6	%	$	97		14	%	$	(10	)	(5	)%

Allocated capital	$	1,894		$	1,860		$	1,860		$	1,905		$	1,884		$	1,894		$	1,884		$	(10	)	(1	)%	$	(10	)	(1	)%	$	(21	)	(1	)%
Operating return on allocated capital (1)	26.2		%	28.3		%	28.5		%	30.1		%	31.3		%	26.2		%	31.3		%	5.1		%			5.1		%			1.2		%
Pretax operating margin	22.7		%	22.7		%	23.6		%	24.8		%	23.9		%	21.8		%	23.7		%	1.2		%			1.9		%			(0.9		)%

Operating total net revenues	$	824		$	807		$	844		$	839		$	830		$	3,169		$	3,320		$	6		1	%	$	151		5	%	$	(9	)	(1	)%
Distribution pass thru revenues	(229		)	(228		)	(237		)	(233		)	(231		)	(892		)	(929		)	(2		)	(1	)%	(37		)	(4	)%	2			1	%
Subadvisory and other pass thru revenues	(100		)	(97		)	(106		)	(98		)	(99		)	(430		)	(400		)	1			1	%	30			7	%	(1		)	(1	)%
Adjusted operating revenues (2)	$	495		$	482		$	501		$	508		$	500		$	1,847		$	1,991		$	5		1	%	$	144		8	%	$	(8	)	(2	)%

Pretax operating earnings	$	187		$	183		$	199		$	208		$	198		$	691		$	788		$	11		6	%	$	97		14	%	$	(10	)	(5	)%
Operating net investment income	(4		)	(4		)	(13		)	(7		)	(6		)	(54		)	(30		)	(2		)	(50	)%	24			44	%	1			14	%
Amortization of intangibles	9			9			8			9			8			38			34			(1		)	(11	)%	(4		)	(11	)%	(1		)	(11	)%
Adjusted operating earnings (2)	$	192		$	188		$	194		$	210		$	200		$	675		$	792		$	8		4	%	$	117		17	%	$	(10	)	(5	)%

Adjusted net pretax operating margin (2)(3)	38.8		%	39.0		%	38.7		%	41.3		%	40.0		%	36.5		%	39.8		%	1.2		%			3.3		%			(1.3		)%

Annuities
Operating total net revenues	$	653		$	636		$	651		$	655		$	649		$	2,561		$	2,591		$	(4	)	(1	)%	$	30		1	%	$	(6	)	(1	)%
Operating expenses	481			460			481			527			490			1,932			1,958			9			2	%	26			1	%	(37		)	(7	)%
Pretax operating earnings	$	172		$	176		$	170		$	128		$	159		$	629		$	633		$	(13	)	(8	)%	$	4		1	%	$	31		24	%

Allocated capital	$	2,956		$	2,800		$	2,552		$	1,938		$	1,982		$	2,956		$	1,982		$	(974	)	(33	)%	$	(974	)	(33	)%	$	44		2	%
Operating return on allocated capital (1)	18.0		%	18.4		%	19.6		%	18.3		%	19.3		%	18.0		%	19.3		%	1.3		%			1.3		%			1.0		%
Pretax operating margin	26.3		%	27.7		%	26.1		%	19.5		%	24.5		%	24.6		%	24.4		%	(1.8		)%			(0.2		)%			5.0		%

Protection
Operating total net revenues	$	564		$	555		$	579		$	553		$	600		$	2,186		$	2,287		$	36		6	%	$	101		5	%	$	47		8	%
Operating expenses	490			496			488			487			570			1,850			2,041			80			16	%	191			10	%	83			17	%
Pretax operating earnings	$	74		$	59		$	91		$	66		$	30		$	336		$	246		$	(44	)	(59	)%	$	(90	)	(27	)%	$	(36	)	(55	)%

Allocated capital	$	1,815		$	1,839		$	1,879		$	1,897		$	1,962		$	1,815		$	1,962		$	147		8	%	$	147		8	%	$	65		3	%
Operating return on allocated capital (1)	13.6		%	11.7		%	11.5		%	11.4		%	9.6		%	13.6		%	9.6		%	(4.0		)%			(4.0		)%			(1.8		)%
Pretax operating margin	13.1		%	10.6		%	15.7		%	11.9		%	5.0		%	15.4		%	10.8		%	(8.1		)%			(4.6		)%			(6.9		)%

Corporate & Other
Operating total net revenues	$	7		$	6		$	(2	)	$	(1	)	$	1		$	15		$	4		$	(6	)	(86	)%	$	(11	)	(73	)%	$	2		#
Operating expenses	81			61			73			52			48			244			234			(33		)	(41	)%	(10		)	(4	)%	(4		)	(8	)%
Pretax operating loss	$	(74	)	$	(55	)	$	(75	)	$	(53	)	$	(47	)	$	(229	)	$	(230	)	$	27		36	%	$	(1	)	—		$	6		11	%

(1) Calculated using operating earnings subject to the quarterly operating effective tax rate for the last four quarters in the numerator and the average allocated capital as of the last day of the trailing four quarters and current quarter in the denominator.

(2) See non-GAAP financial information on pg 34.

(3) Calculated as adjusted operating earnings as a percentage of adjusted operating revenues.

# Variance of greater than 100%.

Statistical Supplement Package

(unaudited)

Fourth Quarter 2014

Advice & Wealth Management Segment

Ameriprise Financial, Inc.

Advice & Wealth Management Segment

Fourth Quarter 2014

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 4Q					YTD Chg - 4Q					Seq Qtr Chg - 4Q
(in millions unless otherwise noted, unaudited)	4 Qtr 2013			1 Qtr 2014			2 Qtr 2014			3 Qtr 2014			4 Qtr 2014			2013			2014			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	543		$	555		$	604		$	621		$	633		$	2,039		$	2,413		$	90		17	%	$	374		18	%	$	12		2	%
Distribution fees	538			547			551			544			571			2,095			2,213			33			6	%	118			6	%	27			5	%
Net investment income	33			34			34			33			35			127			136			2			6	%	9			7	%	2			6	%
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	20			20			16			19			17			65			72			(3		)	(15	)%	7			11	%	(2		)	(11	)%
Total revenues	1,134			1,156			1,205			1,217			1,256			4,326			4,834			122			11	%	508			12	%	39			3	%
Banking and deposit interest expense	7			7			7			7			7			31			28			—			—		(3		)	(10	)%	—			—
Operating total net revenues	1,127			1,149			1,198			1,210			1,249			4,295			4,806			122			11	%	511			12	%	39			3	%

Expenses
Distribution expenses	693			707			734			742			760			2,641			2,943			67			10	%	302			11	%	18			2	%
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest and debt expense	2			2			2			1			1			6			6			(1		)	(50	)%	—			—		—			—
General and administrative expense	272			259			268			262			276			1,056			1,065			4			1	%	9			1	%	14			5	%
Operating expenses	967			968			1,004			1,005			1,037			3,703			4,014			70			7	%	311			8	%	32			3	%
Pretax operating earnings	$	160		$	181		$	194		$	205		$	212		$	592		$	792		$	52		33	%	$	200		34	%	$	7		3	%

Pretax operating margin	14.2		%	15.8		%	16.2		%	16.9		%	17.0		%	13.8		%	16.5		%	2.8		%			2.7		%			0.1		%

Return on Capital
Allocated capital	$	462		$	466		$	508		$	510		$	510		$	462		$	510		$	48		10	%	$	48		10	%	$	—		—
Operating return on allocated capital (1)	94.6		%	102.4		%	106.0		%	112.3		%	120.5		%	94.6		%	120.5		%	25.9		%			25.9		%			8.2		%

On-balance sheet deposits	$	7,074		$	7,222		$	7,295		$	7,522		$	7,674		$	7,074		$	7,674		$	600		8	%	$	600		8	%	$	152		2	%

Ameriprise Financial, Inc.

Advice & Wealth Management Segment

Fourth Quarter 2014

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 4Q					YTD Chg - 4Q					Seq Qtr Chg - 4Q
(in millions, except headcount and where noted, unaudited)	4 Qtr 2013			1 Qtr 2014			2 Qtr 2014			3 Qtr 2014			4 Qtr 2014			2013			2014			Diff.			%		Diff.			%		Diff.			%
Product Information
Certificates and Banking - Combined
Pretax operating earnings	$	9		$	12		$	9		$	9		$	10		$	35		$	40		$	1		11	%	$	5		14	%	$	1		11	%
Allocated capital	$	225		$	229		$	235		$	237		$	236		$	225		$	236		$	11		5	%	$	11		5	%	$	(1	)	—
Operating return on allocated capital (1)	11.9		%	12.7		%	12.6		%	12.5		%	12.9		%	11.9		%	12.9		%	1.0		%			1.0		%			0.4		%

Wealth Management & Distribution
Pretax operating earnings	$	151		$	169		$	185		$	196		$	202		$	557		$	752		$	51		34	%	$	195		35	%	$	6		3	%
Allocated capital	$	237		$	237		$	273		$	273		$	274		$	237		$	274		$	37		16	%	$	37		16	%	$	1		—
Operating return on allocated capital (1)	168.5		%	184.8		%	191.3		%	203.0		%	217.1		%	168.5		%	217.1		%	48.6		%			48.6		%			14.1		%

Financial Plans
Branded financial plan net cash sales	$	66		$	60		$	61		$	60		$	70		$	240		$	251		$	4		6	%	$	11		5	%	$	10		17	%

Financial Advisors
Employee advisors	2,205			2,155			2,115			2,100			2,083			2,205			2,083			(122		)	(6	)%	(122		)	(6	)%	(17		)	(1	)%
Franchisee advisors	7,511			7,549			7,577			7,596			7,589			7,511			7,589			78			1	%	78			1	%	(7		)	—
Total branded financial advisors	9,716			9,704			9,692			9,696			9,672			9,716			9,672			(44		)	—		(44		)	—		(24		)	—

Operating total net revenues per financial advisor (in thousands) (2)	$	116		$	118		$	124		$	125		$	129		$	440		$	496		$	13		11	%	$	56		13	%	$	4		3	%
Operating total net revenues per financial advisor-trailing twelve months (in thousands) (3)	$	440		$	454		$	468		$	483		$	496		$	440		$	496		$	56		13	%	$	56		13	%	$	13		3	%

Advisor Retention
Employee	92.0		%	91.5		%	91.1		%	91.9		%	91.2		%	92.0		%	91.2		%	(0.8		)%			(0.8		)%			(0.7		)%
Franchisee	94.7		%	94.7		%	94.7		%	94.6		%	94.5		%	94.7		%	94.5		%	(0.2		)%			(0.2		)%			(0.1		)%

Total Client Assets (at period end)	$	409,147		$	418,384		$	434,659		$	433,804		$	444,391		$	409,147		$	444,391		$	35,244		9	%	$	35,244		9	%	$	10,587		2	%

Total Wrap Accounts
Beginning assets	$	144,057		$	153,512		$	159,358		$	167,805		$	169,227		$	124,648		$	153,512		$	25,170		17	%	$	28,864		23	%	$	1,422		1	%
Net flows (4)	2,845			4,205			3,019			3,834			3,130			13,055			14,188			285			10	%	1,133			9	%	(704		)	(18	)%
Market appreciation (depreciation) and other (4)	6,610			1,641			5,428			(2,412		)	2,313			15,809			6,970			(4,297		)	(65	)%	(8,839		)	(56	)%	4,725			#
Total wrap ending assets	$	153,512		$	159,358		$	167,805		$	169,227		$	174,670		$	153,512		$	174,670		$	21,158		14	%	$	21,158		14	%	$	5,443		3	%

Advisory wrap account assets ending balance (5)	$	152,591		$	158,354		$	166,759		$	168,157		$	173,489		$	152,591		$	173,489		20,898			14	%	20,898			14	%	5,332			3	%

(2) Year-to-date is sum of current and prior quarters for the year under review.

(3) Trailing twelve months is the sum of the last four quarters.

(4) Beginning April 1, 2014, net flows reflect all additions and withdrawals to and from the Ameriprise Strategic Portfolio Service (“SPS”) wrap account program. For all periods presented prior to April 1, 2014, additions and withdrawals to and from certain non-billable investments of this program were reflected in the Market appreciation (depreciation) and other line and purchases and sales of billable investments were reported in the Net flows line. Net flows for the SPS program are now reported on a consistent basis with our other wrap account programs.

(5) Advisory wrap account assets represent those assets for which clients receive advisory services and are the primary driver of revenue earned on wrap accounts. Clients may hold non-advisory investments in their wrap accounts that do not incur an advisory fee.

# Variance of greater than 100%.

Statistical Supplement Package

(unaudited)

Fourth Quarter 2014

Asset Management Segment

Ameriprise Financial, Inc.

Asset Management Segment

Fourth Quarter 2014

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 4Q					YTD Chg - 4Q					Seq Qtr Chg - 4Q
(in millions unless otherwise noted, unaudited)	4 Qtr 2013			1 Qtr 2014			2 Qtr 2014			3 Qtr 2014			4 Qtr 2014			2013			2014			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	699		$	680		$	707		$	706		$	698		$	2,643		$	2,791		$	(1	)	—		$	148		6	%	$	(8	)	(1	)%
Distribution fees	121			121			123			124			125			469			493			4			3	%	24			5	%	1			1	%
Net investment income	4			4			13			7			6			54			30			2			50	%	(24		)	(44	)%	(1		)	(14	)%
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	—			2			1			2			1			5			6			1			—		1			20	%	(1		)	(50	)%
Total revenues	824			807			844			839			830			3,171			3,320			6			1	%	149			5	%	(9		)	(1	)%
Banking and deposit interest expense	—			—			—			—			—			2			—			—			—		(2		)	#		—			—
Operating total net revenues	824			807			844			839			830			3,169			3,320			6			1	%	151			5	%	(9		)	(1	)%

Expenses
Distribution expenses	285			284			291			288			285			1,112			1,148			—			—		36			3	%	(3		)	(1	)%
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	4			4			4			4			3			17			15			(1		)	(25	)%	(2		)	(12	)%	(1		)	(25	)%
Interest and debt expense	7			6			7			6			7			24			26			—			—		2			8	%	1			17	%
General and administrative expense	341			330			343			333			337			1,325			1,343			(4		)	(1	)%	18			1	%	4			1	%
Operating expenses	637			624			645			631			632			2,478			2,532			(5		)	(1	)%	54			2	%	1			—
Pretax operating earnings	$	187		$	183		$	199		$	208		$	198		$	691		$	788		$	11		6	%	$	97		14	%	$	(10	)	(5	)%

Pretax operating margin	22.7		%	22.7		%	23.6		%	24.8		%	23.9		%	21.8		%	23.7		%	1.2		%			1.9		%			(0.9		)%

Operating total net revenues	$	824		$	807		$	844		$	839		$	830		$	3,169		$	3,320		$	6		1	%	$	151		5	%	$	(9	)	(1	)%
Distribution pass thru revenues	(229		)	(228		)	(237		)	(233		)	(231		)	(892		)	(929		)	(2		)	(1	)%	(37		)	(4	)%	2			1	%
Subadvisory and other pass thru revenues	(100		)	(97		)	(106		)	(98		)	(99		)	(430		)	(400		)	1			1	%	30			7	%	(1		)	(1	)%
Adjusted operating revenues (1)	$	495		$	482		$	501		$	508		$	500		$	1,847		$	1,991		$	5		1	%	$	144		8	%	$	(8	)	(2	)%

Pretax operating earnings	$	187		$	183		$	199		$	208		$	198		$	691		$	788		$	11		6	%	$	97		14	%	$	(10	)	(5	)%
Operating net investment income	(4		)	(4		)	(13		)	(7		)	(6		)	(54		)	(30		)	(2		)	(50	)%	24			44	%	1			14	%
Amortization of intangibles	9			9			8			9			8			38			34			(1		)	(11	)%	(4		)	(11	)%	(1		)	(11	)%
Adjusted operating earnings (1)	$	192		$	188		$	194		$	210		$	200		$	675		$	792		$	8		4	%	$	117		17	%	$	(10	)	(5	)%

Adjusted net pretax operating margin (1)(2)	38.8		%	39.0		%	38.7		%	41.3		%	40.0		%	36.5		%	39.8		%	1.2		%			3.3		%			(1.3		)%

Return on Capital
Allocated capital	$	1,894		$	1,860		$	1,860		$	1,905		$	1,884		$	1,894		$	1,884		$	(10	)	(1	)%	$	(10	)	(1	)%	$	(21	)	(1	)%
Operating return on allocated capital (3)	26.2		%	28.3		%	28.5		%	30.1		%	31.3		%	26.2		%	31.3		%	5.1		%			5.1		%			1.2		%

(1) See non-GAAP financial information on pg 34.

(2) Calculated as adjusted operating earnings as a percentage of adjusted operating revenues.

(3) Calculated using operating earnings subject to the quarterly operating effective tax rate for the last four quarters in the numerator and the average allocated capital as of the last day of the trailing four quarters and current quarter in the denominator.

# Variance of greater than 100%.

Ameriprise Financial, Inc.

Asset Management Segment

Fourth Quarter 2014

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 4Q					YTD Chg - 4Q					Seq Qtr Chg - 4Q
(in millions unless otherwise noted, unaudited)	4 Qtr 2013			1 Qtr 2014			2 Qtr 2014			3 Qtr 2014			4 Qtr 2014			2013			2014			Diff.			%		Diff.			%		Diff.			%
Total Managed Asset Net Flows
Columbia managed asset net flows	$	3,516		$	(2,675	)	$	188		$	(2,317	)	$	7,136		$	(8,295	)	$	2,332		$	3,620		#		$	10,627		#		$	9,453		#
Threadneedle managed asset net flows	2,088			(1,277		)	4,284			(1,889		)	(1,073		)	1,760			45			(3,161		)	#		(1,715		)	(97	)%	816			43	%
Sub-advised eliminations	(74		)	55			(48		)	89			(381		)	(113		)	(285		)	(307		)	#		(172		)	#		(470		)	#
Total managed asset net flows	$	5,530		$	(3,897	)	$	4,424		$	(4,117	)	$	5,682		$	(6,648	)	$	2,092		$	152		3	%	$	8,740		#		$	9,799		#

Total Managed Assets Reconciliations
Columbia managed assets	$	356,725		$	357,906		$	363,506		$	357,583		$	361,190		$	356,725		$	361,190		$	4,465		1	%	$	4,465		1	%	$	3,607		1	%
Threadneedle managed assets	147,443			149,260			158,149			150,375			147,883			147,443			147,883			440			—		440			—		(2,492		)	(2	)%
Sub-advised eliminations	(3,324		)	(3,270		)	(3,395		)	(3,165		)	(3,485		)	(3,324		)	(3,485		)	(161		)	(5	)%	(161		)	(5	)%	(320		)	(10	)%
Total managed assets	$	500,844		$	503,896		$	518,260		$	504,793		$	505,588		$	500,844		$	505,588		$	4,744		1	%	$	4,744		1	%	$	795		—

Total Managed Assets by Type
Equity	$	275,341		$	278,065		$	289,370		$	277,341		$	278,052		$	275,341		$	278,052		$	2,711		1	%	$	2,711		1	%	$	711		—
Fixed income	196,357			195,053			196,379			194,613			193,355			196,357			193,355			(3,002		)	(2	)%	(3,002		)	(2	)%	(1,258		)	(1	)%
Money market	7,122			6,527			6,321			6,561			6,660			7,122			6,660			(462		)	(6	)%	(462		)	(6	)%	99			2	%
Alternative	6,401			6,790			7,164			6,982			7,453			6,401			7,453			1,052			16	%	1,052			16	%	471			7	%
Hybrid and other	15,623			17,461			19,026			19,296			20,068			15,623			20,068			4,445			28	%	4,445			28	%	772			4	%
Total managed assets by type	$	500,844		$	503,896		$	518,260		$	504,793		$	505,588		$	500,844		$	505,588		$	4,744		1	%	$	4,744		1	%	$	795		—

Average Managed Assets by Type (1)
Equity	$	266,491		$	274,903		$	280,394		$	284,091		$	279,786		$	247,289		$	279,378		$	13,295		5	%	$	32,089		13	%	$	(4,305	)	(2	)%
Fixed income	197,702			196,320			196,187			196,100			194,701			199,944			195,937			(3,001		)	(2	)%	(4,007		)	(2	)%	(1,399		)	(1	)%
Money market	6,731			6,716			6,582			6,512			6,538			6,373			6,613			(193		)	(3	)%	240			4	%	26			—
Alternative	6,347			6,708			6,869			7,083			7,383			6,367			7,018			1,036			16	%	651			10	%	300			4	%
Hybrid and other	14,629			16,604			18,074			19,178			19,638			13,296			18,322			5,009			34	%	5,026			38	%	460			2	%
Total average managed assets by type	$	491,900		$	501,251		$	508,106		$	512,964		$	508,046		$	473,269		$	507,268		$	16,146		3	%	$	33,999		7	%	$	(4,918	)	(1	)%

(1) Average ending balances are calculated using the average of the prior period’s ending balance and all months in the current period.

# Variance of greater than 100%.

Ameriprise Financial, Inc.

Asset Management Segment - Columbia

Fourth Quarter 2014

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 4Q					YTD Chg - 4Q					Seq Qtr Chg - 4Q
(in millions unless otherwise noted, unaudited)	4 Qtr 2013			1 Qtr 2014			2 Qtr 2014			3 Qtr 2014			4 Qtr 2014			2013			2014			Diff.			%		Diff.			%		Diff.			%
Columbia Managed Assets Rollforward
Retail Funds
Beginning assets	$	230,637		$	239,393		$	239,451		$	243,796		$	237,034		$	216,264		$	239,393		$	6,397		3	%	$	23,129		11	%	$	(6,762	)	(3	)%
Mutual fund inflows	9,624			9,609			7,653			9,147			9,545			38,062			35,954			(79		)	(1	)%	(2,108		)	(6	)%	398			4	%
Mutual fund outflows	(12,849		)	(12,420		)	(10,154		)	(12,002		)	(12,779		)	(50,922		)	(47,355		)	70			1	%	3,567			7	%	(777		)	(6	)%
Net VP/VIT fund flows	(138		)	(178		)	(255		)	(236		)	(255		)	(586		)	(924		)	(117		)	(85	)%	(338		)	(58	)%	(19		)	(8	)%
Net new flows	(3,363		)	(2,989		)	(2,756		)	(3,091		)	(3,489		)	(13,446		)	(12,325		)	(126		)	(4	)%	1,121			8	%	(398		)	(13	)%
Reinvested dividends	6,568			398			3,452			574			8,995			9,977			13,419			2,427			37	%	3,442			34	%	8,421			#
Net flows	3,205			(2,591		)	696			(2,517		)	5,506			(3,469		)	1,094			2,301			72	%	4,563			#		8,023			#
Distributions	(7,472		)	(528		)	(4,052		)	(709		)	(10,652		)	(11,519		)	(15,941		)	(3,180		)	(43	)%	(4,422		)	(38	)%	(9,943		)	#
Market appreciation (depreciation) and other	13,023			3,177			7,701			(3,536		)	5,764			38,117			13,106			(7,259		)	(56	)%	(25,011		)	(66	)%	9,300			#
Total ending assets	239,393			239,451			243,796			237,034			237,652			239,393			237,652			(1,741		)	(1	)%	(1,741		)	(1	)%	618			—

% of total retail assets sub-advised	20.5		%	20.5		%	20.2		%	20.2		%	20.2		%	20.5		%	20.2		%	(0.3		)%			(0.3		)%			0.1		%

Institutional
Beginning assets	72,741			75,648			76,463			77,627			78,019			72,417			75,648			5,278			7	%	3,231			4	%	392			1	%
Inflows	6,606			4,547			4,601			5,512			5,806			21,614			20,466			(800		)	(12	)%	(1,148		)	(5	)%	294			5	%
Outflows	(6,584		)	(4,945		)	(5,380		)	(5,191		)	(4,702		)	(26,119		)	(20,218		)	1,882			29	%	5,901			23	%	489			9	%
Net flows	22			(398		)	(779		)	321			1,104			(4,505		)	248			1,082			#		4,753			#		783			#
Market appreciation (depreciation) and other (1)	2,885			1,213			1,943			71			1,586			7,736			4,813			(1,299		)	(45	)%	(2,923		)	(38	)%	1,515			#
Total ending assets	75,648			76,463			77,627			78,019			80,709			75,648			80,709			5,061			7	%	5,061			7	%	2,690			3	%

Alternative
Beginning assets	5,316			5,643			6,029			6,390			6,230			5,684			5,643			914			17	%	(41		)	(1	)%	(160		)	(3	)%
Inflows	402			454			603			4			625			1,320			1,686			223			55	%	366			28	%	621			#
Outflows	(113		)	(140		)	(332		)	(125		)	(99		)	(1,641		)	(696		)	14			12	%	945			58	%	26			21	%
Net flows	289			314			271			(121		)	526			(321		)	990			237			82	%	1,311			#		647			#
Market appreciation (depreciation) and other	38			72			90			(39		)	(11		)	280			112			(49		)	#		(168		)	(60	)%	28			72	%
Total ending assets	5,643			6,029			6,390			6,230			6,745			5,643			6,745			1,102			20	%	1,102			20	%	515			8	%

Affiliated General Account Assets	36,041			35,963			35,693			36,300			36,084			36,041			36,084			43			—		43			—		(216		)	(1	)%

Total Columbia managed assets	$	356,725		$	357,906		$	363,506		$	357,583		$	361,190		$	356,725		$	361,190		$	4,465		1	%	$	4,465		1	%	$	3,607		1	%

Total Columbia net flows	$	3,516		$	(2,675	)	$	188		$	(2,317	)	$	7,136		$	(8,295	)	$	2,332		$	3,620		#		$	10,627		#		$	9,453		#

(1) Included in Market appreciation (depreciation) and other for Institutional funds in the 4th quarter of 2014 are ($0.3B) due to the transfer of assets from Separately Managed Accounts (SMAs) to Unified Managed Accounts (UMAs).

# Variance of greater than 100%.

Ameriprise Financial, Inc.

Asset Management Segment - Threadneedle

Fourth Quarter 2014

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 4Q					YTD Chg - 4Q					Seq Qtr Chg - 4Q
(in millions unless otherwise noted, unaudited)	4 Qtr 2013			1 Qtr 2014			2 Qtr 2014			3 Qtr 2014			4 Qtr 2014			2013			2014			Diff.			%		Diff.			%		Diff.			%
Threadneedle Managed Assets Rollforward
Retail Funds
Beginning assets	$	46,273		$	50,620		$	50,693		$	52,082		$	48,235		$	39,086		$	50,620		$	1,962		4	%	$	11,534		30	%	$	(3,847	)	(7	)%
Mutual fund inflows	6,046			6,857			5,896			4,832			5,799			23,337			23,384			(247		)	(4	)%	47			—		967			20	%
Mutual fund outflows	(4,784		)	(7,774		)	(5,951		)	(5,915		)	(6,322		)	(18,913		)	(25,962		)	(1,538		)	(32	)%	(7,049		)	(37	)%	(407		)	(7	)%
Net new flows	1,262			(917		)	(55		)	(1,083		)	(523		)	4,424			(2,578		)	(1,785		)	#		(7,002		)	#		560			52	%
Reinvested dividends	72			23			41			40			71			151			175			(1		)	(1	)%	24			16	%	31			78	%
Net flows	1,334			(894		)	(14		)	(1,043		)	(452		)	4,575			(2,403		)	(1,786		)	#		(6,978		)	#		591			57	%
Distributions	(197		)	(118		)	(187		)	(147		)	(237		)	(519		)	(689		)	(40		)	(20	)%	(170		)	(33	)%	(90		)	(61	)%
Market appreciation (depreciation)	2,078			455			(52		)	(420		)	807			5,632			790			(1,271		)	(61	)%	(4,842		)	(86	)%	1,227			#
Foreign currency translation (1)	971			410			1,228			(2,408		)	(2,053		)	1,132			(2,823		)	(3,024		)	#		(3,955		)	#		355			15	%
Other	161			220			414			171			223			714			1,028			62			39	%	314			44	%	52			30	%
Total ending assets	50,620			50,693			52,082			48,235			46,523			50,620			46,523			(4,097		)	(8	)%	(4,097		)	(8	)%	(1,712		)	(4	)%

Institutional
Beginning assets	90,275			96,065			97,806			105,293			101,388			87,647			96,065			11,113			12	%	8,418			10	%	(3,905		)	(4	)%
Inflows	3,721			1,923			7,746			1,834			1,778			9,212			13,281			(1,943		)	(52	)%	4,069			44	%	(56		)	(3	)%
Outflows	(2,911		)	(2,271		)	(3,432		)	(2,703		)	(2,397		)	(11,821		)	(10,803		)	514			18	%	1,018			9	%	306			11	%
Net flows	810			(348		)	4,314			(869		)	(619		)	(2,609		)	2,478			(1,429		)	#		5,087			#		250			29	%
Market appreciation (depreciation)	2,498			555			16			1,195			3,614			6,696			5,380			1,116			45	%	(1,316		)	(20	)%	2,419			#
Foreign currency translation (1)	1,872			797			2,349			(4,972		)	(4,312		)	1,654			(6,138		)	(6,184		)	#		(7,792		)	#		660			13	%
Other	610			737			808			741			581			2,677			2,867			(29		)	(5	)%	190			7	%	(160		)	(22	)%
Total ending assets	96,065			97,806			105,293			101,388			100,652			96,065			100,652			4,587			5	%	4,587			5	%	(736		)	(1	)%

Alternative
Beginning assets	829			758			761			774			752			1,019			758			(77		)	(9	)%	(261		)	(26	)%	(22		)	(3	)%
Inflows	—			—			—			25			—			—			25			—			—		25			—		(25		)	#
Outflows	(56		)	(35		)	(16		)	(2		)	(2		)	(206		)	(55		)	54			96	%	151			73	%	—			—
Net flows	(56		)	(35		)	(16		)	23			(2		)	(206		)	(30		)	54			96	%	176			85	%	(25		)	#
Market appreciation (depreciation)	(46		)	18			(1		)	(15		)	(17		)	(138		)	(15		)	29			63	%	123			89	%	(2		)	(13	)%
Foreign currency translation (1)	15			6			20			(38		)	(32		)	4			(44		)	(47		)	#		(48		)	#		6			16	%
Other	16			14			10			8			7			79			39			(9		)	(56	)%	(40		)	(51	)%	(1		)	(13	)%
Total ending assets	758			761			774			752			708			758			708			(50		)	(7	)%	(50		)	(7	)%	(44		)	(6	)%

Total Threadneedle managed assets	$	147,443		$	149,260		$	158,149		$	150,375		$	147,883		$	147,443		$	147,883		$	440		—		$	440		—		$	(2,492	)	(2	)%

Total Threadneedle net flows	$	2,088		$	(1,277	)	$	4,284		$	(1,889	)	$	(1,073	)	$	1,760		$	45		$	(3,161	)	#		$	(1,715	)	(97	)%	$	816		43	%

Total Threadneedle net flows excluding legacy insurance mandates	$	2,014		$	(248	)	$	5,032		$	(1,051	)	$	(286	)	$	5,471		$	3,447		$	(2,300	)	#		$	(2,024	)	(37	)%	$	765		73	%

(1)Amounts represent British Pound to US dollar conversion.

# Variance of greater than 100%.

Ameriprise Financial, Inc.

Asset Management Segment - Columbia

Fourth Quarter 2014

Mutual Fund Rankings in top 2 Lipper Quartiles

		4 Qtr 2013		1 Qtr 2014		2 Qtr 2014		3 Qtr 2014		4 Qtr 2014
Domestic Equity
Equal weighted	1 year	54	%	55	%	58	%	66	%	61	%
	3 year	51	%	50	%	50	%	73	%	68	%
	5 year	58	%	68	%	65	%	54	%	57	%
Asset weighted	1 year	39	%	41	%	50	%	62	%	58	%
	3 year	52	%	70	%	48	%	68	%	62	%
	5 year	47	%	76	%	76	%	60	%	62	%
International Equity
Equal weighted	1 year	65	%	60	%	40	%	73	%	50	%
	3 year	50	%	56	%	50	%	59	%	68	%
	5 year	50	%	53	%	41	%	60	%	65	%
Asset weighted	1 year	32	%	28	%	16	%	87	%	74	%
	3 year	26	%	27	%	77	%	40	%	45	%
	5 year	25	%	29	%	26	%	38	%	45	%
Taxable Fixed Income
Equal weighted	1 year	44	%	50	%	33	%	44	%	50	%
	3 year	65	%	65	%	61	%	56	%	61	%
	5 year	41	%	53	%	47	%	59	%	65	%
Asset weighted	1 year	44	%	53	%	37	%	66	%	71	%
	3 year	83	%	83	%	83	%	69	%	83	%
	5 year	52	%	60	%	52	%	70	%	83	%
Tax Exempt Fixed Income
Equal weighted	1 year	100	%	100	%	100	%	94	%	89	%
	3 year	100	%	100	%	100	%	94	%	100	%
	5 year	94	%	94	%	94	%	100	%	100	%
Asset weighted	1 year	100	%	100	%	100	%	84	%	78	%
	3 year	100	%	100	%	100	%	84	%	100	%
	5 year	84	%	84	%	84	%	100	%	100	%
Asset Allocation Funds
Equal weighted	1 year	31	%	33	%	50	%	58	%	58	%
	3 year	60	%	55	%	64	%	64	%	64	%
	5 year	80	%	78	%	89	%	89	%	89	%
Asset weighted	1 year	39	%	42	%	49	%	65	%	67	%
	3 year	64	%	68	%	75	%	75	%	76	%
	5 year	92	%	91	%	97	%	97	%	97	%

Number of 4- or 5-star Morningstar rated funds
Overall		54		51		51		54		51
3 year		45		43		43		48		42
5 year		41		44		44		46		46

Percent of 4- or 5-star Morningstar rated funds
Overall		55	%	51	%	50	%	51	%	49	%
3 year		46	%	43	%	43	%	46	%	40	%
5 year		43	%	46	%	46	%	47	%	47	%

Percent of 4- or 5-star Morningstar rated assets
Overall		56	%	52	%	53	%	56	%	55	%
3 year		39	%	38	%	40	%	38	%	35	%
5 year		37	%	42	%	40	%	52	%	54	%

Mutual fund performance rankings are based on the performance of Class Z fund shares for Columbia branded mutual funds. Only funds with Class Z shares are included. In instances where a fund’s Class Z shares do not have a full five year track record, performance for an older share class of the same fund, typically Class A shares, is utilized for the period before Class Z shares were launched. No adjustments to the historical track records are made to account for differences in fund expenses between share classes of a fund.

Equal Weighted Rankings in Top 2 Quartiles: Counts the number of funds with above median ranking divided by the total number of funds. Asset size is not a factor.

Asset Weighted Rankings in Top 2 Quartiles: Sums the total assets of the funds with above median ranking (using Class Z and appended Class Z) divided by total assets of all funds. Funds with more assets will receive a greater share of the total percentage above or below median.

Ameriprise Financial, Inc.

Asset Management Segment - Threadneedle

Fourth Quarter 2014

Retail Fund Rankings in Top 2 Morningstar Quartiles or Above Index Benchmark

		4 Qtr 2013		1 Qtr 2014		2 Qtr 2014		3 Qtr 2014		4 Qtr 2014
Equity
Equal weighted	1 year	66	%	60	%	62	%	62	%	61	%
	3 year	78	%	80	%	73	%	73	%	64	%
	5 year	81	%	65	%	81	%	84	%	83	%
Asset weighted	1 year	46	%	42	%	53	%	57	%	63	%
	3 year	86	%	87	%	78	%	61	%	59	%
	5 year	88	%	68	%	89	%	84	%	86	%

Fixed Income
Equal weighted	1 year	48	%	61	%	65	%	70	%	65	%
	3 year	68	%	73	%	73	%	74	%	68	%
	5 year	67	%	67	%	62	%	62	%	68	%
Asset weighted	1 year	50	%	55	%	46	%	65	%	65	%
	3 year	43	%	57	%	59	%	62	%	71	%
	5 year	44	%	53	%	46	%	49	%	51	%

Allocation (Managed) Funds
Equal weighted	1 year	86	%	86	%	88	%	63	%	57	%
	3 year	100	%	100	%	67	%	83	%	83	%
	5 year	67	%	67	%	67	%	67	%	83	%
Asset weighted	1 year	92	%	62	%	63	%	51	%	68	%
	3 year	100	%	100	%	37	%	93	%	93	%
	5 year	54	%	55	%	55	%	55	%	93	%

The performance of each fund is measured on a consistent basis against the most appropriate benchmark - a peer group of similar funds or an index.

Equal weighted: Counts the number of funds with above median ranking (if measured against peer group) or above index performance (if measured against an index) divided by the total number of funds. Asset size is not a factor.

Asset weighted: Sums the assets of the funds with above median ranking (if measured against peer group) or above index performance (if measured against an index) divided by the total sum of assets in the funds. Funds with more assets will receive a greater share of the total percentage above or below median or index.

Aggregated Allocation (Managed) Funds include funds that invest in other funds of the Threadneedle range including those funds that invest in both equity and fixed income.

Aggregated Threadneedle data includes funds on the Threadneedle platform sub-advised by Columbia as well as advisors not affiliated with Ameriprise Financial, Inc.

Statistical Supplement Package

(unaudited)

Fourth Quarter 2014

Annuities Segment

Ameriprise Financial, Inc.

Annuities Segment

Fourth Quarter 2014


																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 4Q					YTD Chg - 4Q					Seq Qtr Chg - 4Q
(in millions unless otherwise noted, unaudited)	4 Qtr 2013			1 Qtr 2014			2 Qtr 2014			3 Qtr 2014			4 Qtr 2014			2013			2014			Diff.			%		Diff.			%		Diff.			%

Operating Income Statements
Revenues
Management and financial advice fees	$	186		$	183		$	189		$	191		$	193		$	709		$	756		$	7		4	%	$	47		7	%	$	2		1	%
Distribution fees	87			88			91			91			90			339			360			3			3	%	21			6	%	(1		)	(1	)%
Net investment income	252			242			234			235			230			1,036			941			(22		)	(9	)%	(95		)	(9	)%	(5		)	(2	)%
Premiums	29			26			32			26			25			110			109			(4		)	(14	)%	(1		)	(1	)%	(1		)	(4	)%
Other revenues	99			97			105			112			111			367			425			12			12	%	58			16	%	(1		)	(1	)%
Total revenues	653			636			651			655			649			2,561			2,591			(4		)	(1	)%	30			1	%	(6		)	(1	)%
Banking and deposit interest expense	—			—			—			—			—			—			—			—			—		—			—		—			—
Operating total net revenues	653			636			651			655			649			2,561			2,591			(4		)	(1	)%	30			1	%	(6		)	(1	)%

Expenses
Distribution expenses	113			107			109			110			113			420			439			—			—		19			5	%	3			3	%
Interest credited to fixed accounts	163			148			139			136			133			653			556			(30		)	(18	)%	(97		)	(15	)%	(3		)	(2	)%
Benefits, claims, losses and settlement expenses	102			86			113			136			128			498			463			26			25	%	(35		)	(7	)%	(8		)	(6	)%
Amortization of deferred acquisition costs	45			54			51			78			52			111			235			7			16	%	124			#		(26		)	(33	)%
Interest and debt expense	11			10			9			9			10			37			38			(1		)	(9	)%	1			3	%	1			11	%
General and administrative expense	47			55			60			58			54			213			227			7			15	%	14			7	%	(4		)	(7	)%
Operating expenses	481			460			481			527			490			1,932			1,958			9			2	%	26			1	%	(37		)	(7	)%
Pretax operating earnings	$	172		$	176		$	170		$	128		$	159		$	629		$	633		$	(13	)	(8	)%	$	4		1	%	$	31		24	%

Pretax operating margin	26.3		%	27.7		%	26.1		%	19.5		%	24.5		%	24.6		%	24.4		%	(1.8		)%			(0.2		)%			5.0		%

Return on Capital
Allocated capital	$	2,956		$	2,800		$	2,552		$	1,938		$	1,982		$	2,956		$	1,982		$	(974	)	(33	)%	$	(974	)	(33	)%	$	44		2	%
Operating return on allocated capital (1)	18.0		%	18.4		%	19.6		%	18.3		%	19.3		%	18.0		%	19.3		%	1.3		%			1.3		%			1.0		%

Market impact on variable annuity guaranteed benefits (2)
Risk margin and nonperformance spread impact	$	(45	)	$	(4	)	$	(16	)	$	26		$	7		$	(111	)	$	13		$	52		#		$	124		#		$	(19	)	(73	)%
Other	(59		)	(11		)	(38		)	(17		)	(41		)	(59		)	(107		)	18			31	%	(48		)	(81	)%	(24		)	#
Total VA guaranteed benefit impact excluded from operating earnings	$	(104	)	$	(15	)	$	(54	)	$	9		$	(34	)	$	(170	)	$	(94	)	$	70		67	%	$	76		45	%	$	(43	)	#

Total annuity net flows	$	(567	)	$	(815	)	$	(916	)	$	(740	)	$	(721	)	$	(1,811	)	$	(3,192	)	$	(154	)	(27	)%	$	(1,381	)	(76	)%	$	19		3	%

(2) Guaranteed Minimum Withdrawal Benefit (GMWB) and Guaranteed Minimum Accumulation Benefit (GMAB) only, net of variable annuity guarantee hedges, DSIC and DAC amortization.

# Variance of greater than 100%.

Ameriprise Financial, Inc.

Annuities Segment

Fourth Quarter 2014


																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 4Q					YTD Chg - 4Q					Seq Qtr Chg - 4Q
(in millions unless otherwise noted, unaudited)	4 Qtr 2013			1 Qtr 2014			2 Qtr 2014			3 Qtr 2014			4 Qtr 2014			2013			2014			Diff.			%		Diff.			%		Diff.			%

Product Information
Variable Annuities
Pretax operating earnings	$	151		$	145		$	140		$	81		$	123		$	514		$	489		$	(28	)	(19	)%	$	(25	)	(5	)%	$	42		52	%
Allocated capital (1)	$	1,501		$	1,366		$	1,164		$	564		$	644		$	1,501		$	644		$	(857	)	(57	)%	$	(857	)	(57	)%	$	80		14	%
Operating return on allocated capital (2)	36.4		%	35.6		%	36.5		%	33.0		%	34.8		%	36.4		%	34.8		%	(1.6		)%			(1.6		)%			1.8		%

Fixed Annuities (3)
Pretax operating earnings	$	21		$	31		$	30		$	47		$	36		$	115		$	144		$	15		71	%	$	29		25	%	$	(11	)	(23	)%
Allocated capital	$	1,455		$	1,434		$	1,388		$	1,374		$	1,338		$	1,455		$	1,338		$	(117	)	(8	)%	$	(117	)	(8	)%	$	(36	)	(3	)%
Operating return on allocated capital (2)	5.5		%	5.4		%	5.3		%	6.6		%	7.7		%	5.5		%	7.7		%	2.2		%			2.2		%			1.1		%

Variable Annuities Rollforward
Beginning balance	$	72,737		$	75,522		$	75,893		$	77,580		$	76,141		$	68,054		$	75,522		$	3,404		5	%	$	7,468		11	%	$	(1,439	)	(2	)%
Deposits	1,294			1,215			1,248			1,204			1,200			5,231			4,867			(94		)	(7	)%	(364		)	(7	)%	(4		)	—
Withdrawals and terminations	(1,569		)	(1,615		)	(1,704		)	(1,630		)	(1,606		)	(5,988		)	(6,555		)	(37		)	(2	)%	(567		)	(9	)%	24			1	%
Net flows	(275		)	(400		)	(456		)	(426		)	(406		)	(757		)	(1,688		)	(131		)	(48	)%	(931		)	#		20			5	%
Investment performance and interest credited	3,060			771			2,143			(1,013		)	1,253			8,225			3,154			(1,807		)	(59	)%	(5,071		)	(62	)%	2,266			#
Total ending balance - contract accumulation values	$	75,522		$	75,893		$	77,580		$	76,141		$	76,988		$	75,522		$	76,988		$	1,466		2	%	$	1,466		2	%	$	847		1	%

Variable annuities fixed sub-accounts	$	4,927		$	4,893		$	4,877		$	4,869		$	4,860		$	4,927		$	4,860		$	(67	)	(1	)%	$	(67	)	(1	)%	$	(9	)	—

Fixed Annuities Rollforward
Beginning balance	$	13,424		$	13,252		$	12,944		$	12,581		$	12,360		$	13,823		$	13,252		$	(1,064	)	(8	)%	$	(571	)	(4	)%	$	(221	)	(2	)%
Deposits	59			49			53			38			37			186			177			(22		)	(37	)%	(9		)	(5	)%	(1		)	(3	)%
Withdrawals and terminations	(351		)	(464		)	(513		)	(352		)	(352		)	(1,240		)	(1,681		)	(1		)	—		(441		)	(36	)%	—			—
Net flows	(292		)	(415		)	(460		)	(314		)	(315		)	(1,054		)	(1,504		)	(23		)	(8	)%	(450		)	(43	)%	(1		)	—
Policyholder interest credited	120			107			97			93			92			483			389			(28		)	(23	)%	(94		)	(19	)%	(1		)	(1	)%
Total ending balance - contract accumulation values	$	13,252		$	12,944		$	12,581		$	12,360		$	12,137		$	13,252		$	12,137		$	(1,115	)	(8	)%	$	(1,115	)	(8	)%	$	(223	)	(2	)%

Capitalized interest	$	—		$	1		$	—		$	1		$	1		$	2		$	3		$	1		—		$	1		50	%	$	—		—

Payout Annuities Reserve Balance	$	2,126		$	2,112		$	2,111		$	2,110		$	2,103		$	2,126		$	2,103		$	(23	)	(1	)%	$	(23	)	(1	)%	$	(7	)	—

Tax Equivalent Spread - Fixed Annuities (4)
Gross rate of return on invested assets (5)	5.1		%	4.9		%	4.8		%	5.0		%	4.9		%	5.2		%	4.9		%	(0.2		)%			(0.3		)%			(0.1		)%
Crediting rate excluding capitalized interest	(3.6		)%	(3.3		)%	(3.0		)%	(3.0		)%	(3.0		)%	(3.6		)%	(3.0		)%	0.6		%			0.6		%			—
Tax equivalent margin spread	1.5		%	1.6		%	1.8		%	2.0		%	1.9		%	1.6		%	1.9		%	0.4		%			0.3		%			(0.1		)%

Total Variable Annuities DAC
Beginning balance	$	1,653		$	1,690		$	1,685		$	1,692		$	1,655		$	1,508		$	1,690		$	2		—		$	182		12	%	$	(37	)	(2	)%
Capitalization	46			41			44			42			42			182			169			(4		)	(9	)%	(13		)	(7	)%	—			—
Amortization due to market impact on VA guaranteed benefits	23			—			10			(7		)	6			34			9			(17		)	(74	)%	(25		)	(74	)%	13			#
Amortization per income statement	(37		)	(43		)	(41		)	(78		)	(43		)	(74		)	(205		)	(6		)	(16	)%	(131		)	#		35			45	%
Other	5			(3		)	(6		)	6			3			40			—			(2		)	(40	)%	(40		)	#		(3		)	(50	)%
Total ending balance	$	1,690		$	1,685		$	1,692		$	1,655		$	1,663		$	1,690		$	1,663		$	(27	)	(2	)%	$	(27	)	(2	)%	$	8		—

Total Fixed Annuities DAC
Beginning balance	$	85		$	88		$	71		$	58		$	68		$	68		$	88		$	(17	)	(20	)%	$	20		29	%	$	10		17	%
Capitalization	—			1			—			1			1			2			3			1			—		1			50	%	—			—
Amortization per income statement	(8		)	(11		)	(10		)	—			(9		)	(37		)	(30		)	(1		)	(13	)%	7			19	%	(9		)	—
Other	11			(7		)	(3		)	9			7			55			6			(4		)	(36	)%	(49		)	(89	)%	(2		)	(22	)%
Total ending balance	$	88		$	71		$	58		$	68		$	67		$	88		$	67		$	(21	)	(24	)%	$	(21	)	(24	)%	$	(1	)	(1	)%

(1)	The traditional variable annuity allocated capital calculation was adjusted this quarter with a management overlay to more accurately reflect capital allocated to support the business. The key reason for the overlay was a disconnect between the Stat and GAAP reserve calculations, primarily driven by the lower interest rate environment and our hedging strategy. The methodology will be further refined next quarter.
(2)	Calculated using operating earnings subject to the quarterly operating effective tax rate for the last four quarters in the numerator and the average allocated capital as of the last day of the trailing four quarters and current quarter in the denominator.
(3)	Includes payout annuities.
(4)	Attributable to interest sensitive products only, which has been approximately 99% of the total ending fixed annuities accumulation values in the periods reported. The asset earnings rate is a calculated yield based on specifically assigned assets.
(5)	In the 4th quarter of 2013 through the 4th quarter of 2014, the Gross rates of return on invested assets were impacted by outstanding repurchase agreements. Without these positions, the Gross rates of return on invested assets would have been 4.9%, 4.8%, 4.7%, 4.8% and 4.8% respectively.

#	Variance of greater than 100%.

Statistical Supplement Package

(unaudited)

Fourth Quarter 2014

Protection Segment

Ameriprise Financial, Inc.

Protection Segment

Fourth Quarter 2014


																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 4Q					YTD Chg - 4Q					Seq Qtr Chg - 4Q
(in millions unless otherwise noted, unaudited)	4 Qtr 2013			1 Qtr 2014			2 Qtr 2014			3 Qtr 2014			4 Qtr 2014			2013			2014			Diff.			%		Diff.			%		Diff.			%

Operating Income Statements
Revenues
Management and financial advice fees	$	15		$	15		$	15		$	14		$	15		$	58		$	59		$	—		—		$	1		2	%	$	1		7	%
Distribution fees	24			23			22			24			23			91			92			(1		)	(4	)%	1			1	%	(1		)	(4	)%
Net investment income	108			108			113			111			115			439			447			7			6	%	8			2	%	4			4	%
Premiums	308			308			317			329			338			1,188			1,292			30			10	%	104			9	%	9			3	%
Other revenues	109			101			112			75			109			410			397			—			—		(13		)	(3	)%	34			45	%
Total revenues	564			555			579			553			600			2,186			2,287			36			6	%	101			5	%	47			8	%
Banking and deposit interest expense	—			—			—			—			—			—			—			—			—		—			—		—			—
Operating total net revenues	564			555			579			553			600			2,186			2,287			36			6	%	101			5	%	47			8	%

Expenses
Distribution expenses	17			14			16			14			17			62			61			—			—		(1		)	(2	)%	3			21	%
Interest credited to fixed accounts	37			38			37			39			39			145			153			2			5	%	8			6	%	—			—
Benefits, claims, losses and settlement expenses	334			349			329			338			400			1,252			1,416			66			20	%	164			13	%	62			18	%
Amortization of deferred acquisition costs	32			28			36			26			45			118			135			13			41	%	17			14	%	19			73	%
Interest and debt expense	7			7			7			6			8			25			28			1			14	%	3			12	%	2			33	%
General and administrative expense	63			60			63			64			61			248			248			(2		)	(3	)%	—			—		(3		)	(5	)%
Operating expenses	490			496			488			487			570			1,850			2,041			80			16	%	191			10	%	83			17	%
Pretax operating earnings	$	74		$	59		$	91		$	66		$	30		$	336		$	246		$	(44	)	(59	)%	$	(90	)	(27	)%	$	(36	)	(55	)%

Pretax operating margin	13.1		%	10.6		%	15.7		%	11.9		%	5.0		%	15.4		%	10.8		%	(8.1		)%			(4.6		)%			(6.9		)%

Return on Capital
Allocated capital	$	1,815		$	1,839		$	1,879		$	1,897		$	1,962		$	1,815		$	1,962		$	147		8	%	$	147		8	%	$	65		3	%
Operating return on allocated capital (1)	13.6		%	11.7		%	11.5		%	11.4		%	9.6		%	13.6		%	9.6		%	(4.0		)%			(4.0		)%			(1.8		)%

Market impact on indexed universal life benefits (2)
Risk margin and nonperformance spread impact	$	(7	)	$	2		$	4		$	6		$	1		$	(1	)	$	13		$	8		#		$	14		#		$	(5	)	(83	)%
Other	(2		)	(1		)	(4		)	2			(16		)	(12		)	(19		)	(14		)	#		(7		)	(58	)%	(18		)	#
Total market impact on indexed universal life benefits excluded from operating earnings	$	(9	)	$	1		$	—		$	8		$	(15	)	$	(13	)	$	(6	)	$	(6	)	(67	)%	$	7		54	%	$	(23	)	#

Product Information
Long Term Care
Pretax operating earnings	$	1		$	8		$	2		$	(5	)	$	—		$	3		$	5		$	(1	)	#		$	2		67	%	$	5		#
Allocated capital	$	521		$	520		$	517		$	522		$	536		$	521		$	536		$	15		3	%	$	15		3	%	$	14		3	%
Operating return on allocated capital (1)	0.4		%	1.2		%	1.3		%	0.9		%	0.7		%	0.4		%	0.7		%	0.3		%			0.3		%			(0.2		)%

Protection excluding Long Term Care
Pretax operating earnings	$	73		$	51		$	89		$	71		$	30		$	333		$	241		$	(43	)	(59	)%	$	(92	)	(28	)%	$	(41	)	(58	)%
Allocated capital	$	1,294		$	1,319		$	1,362		$	1,375		$	1,426		$	1,294		$	1,426		$	132		10	%	$	132		10	%	$	51		4	%
Operating return on allocated capital (1)	18.9		%	15.9		%	15.5		%	15.5		%	13.1		%	18.9		%	13.1		%	(5.8		)%			(5.8		)%			(2.4		)%

(2) Market impact on indexed universal life benefits, net of hedges and the related DAC amortization, unearned revenue amortization, and the reinsurance accrual.

# Variance of greater than 100%.

Ameriprise Financial, Inc.

Protection Segment

Fourth Quarter 2014


																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 4Q					YTD Chg - 4Q					Seq Qtr Chg - 4Q
(in millions unless otherwise noted, unaudited)	4 Qtr 2013			1 Qtr 2014			2 Qtr 2014			3 Qtr 2014			4 Qtr 2014			2013			2014			Diff.			%		Diff.			%		Diff.			%

Cash Sales
VUL / UL (1)	$	83		$	78		$	78		$	85		$	85		$	309		$	326		$	2		2	%	$	17		6	%	$	—		—
Term and whole life	2			3			2			2			3			10			10			1			50	%	—			—		1			50	%
Disability insurance	1			1			1			2			1			5			5			—			—		—			—		(1		)	(50	)%
Auto and home	222			239			253			274			251			900			1,017			29			13	%	117			13	%	(23		)	(8	)%
Total cash sales	$	308		$	321		$	334		$	363		$	340		$	1,224		$	1,358		$	32		10	%	$	134		11	%	$	(23	)	(6	)%

VUL / UL Policyholder Account Balances
Beginning balance	$	10,514		$	10,906		$	10,984		$	11,234		$	11,124		$	9,859		$	10,906		$	610		6	%	$	1,047		11	%	$	(110	)	(1	)%
Premiums and deposits	267			249			260			258			266			1,001			1,033			(1		)	—		32			3	%	8			3	%
Investment performance and interest	416			117			279			(70		)	190			1,204			516			(226		)	(54	)%	(688		)	(57	)%	260			#
Withdrawals and surrenders	(292		)	(287		)	(291		)	(297		)	(296		)	(1,159		)	(1,171		)	(4		)	(1	)%	(12		)	(1	)%	1			—
Other	1			(1		)	2			(1		)	(1		)	1			(1		)	(2		)	#		(2		)	#		—			—
Total ending balance	$	10,906		$	10,984		$	11,234		$	11,124		$	11,283		$	10,906		$	11,283		$	377		3	%	$	377		3	%	$	159		1	%

Premiums by Product
Term and whole life	$	12		$	12		$	12		$	12		$	12		$	49		$	48		$	—		—		$	(1	)	(2	)%	$	—		—
Disability insurance	39			38			39			38			38			156			153			(1		)	(3	)%	(3		)	(2	)%	—			—
Long term care	30			28			28			28			30			115			114			—			—		(1		)	(1	)%	2			7	%
Auto and home	223			224			233			245			253			852			955			30			13	%	103			12	%	8			3	%
Intercompany premiums	4			6			5			6			5			16			22			1			25	%	6			38	%	(1		)	(17	)%
Total premiums by product	$	308		$	308		$	317		$	329		$	338		$	1,188		$	1,292		$	30		10	%	$	104		9	%	$	9		3	%

Auto and Home Insurance
Policy count (thousands)	838			861			889			912			929			838			929			91			11	%	91			11	%	17			2	%
Loss ratio	92.2		%	100.5		%	89.7		%	85.6		%	106.2		%	88.7		%	95.6		%	14.0		%			6.9		%			20.6		%
Expense ratio	17.6		%	15.4		%	15.5		%	14.7		%	15.6		%	15.9		%	15.3		%	(2.0		)%			(0.6		)%			0.9		%
Combined ratio	109.8		%	115.9		%	105.2		%	100.3		%	121.8		%	104.6		%	110.9		%	12.0		%			6.3		%			21.5		%

DAC Rollforward
Life and Health
Beginning balance	$	845		$	859		$	848		$	835		$	854		$	797		$	859		$	9		1	%	$	62		8	%	$	19		2	%
Capitalization	24			20			22			24			22			86			88			(2		)	(8	)%	2			2	%	(2		)	(8	)%
Amortization due to market impact on indexed universal life benefits	4			(1		)	3			(1		)	8			5			9			4			#		4			80	%	9			#
Amortization per income statement	(18		)	(15		)	(20		)	(11		)	(29		)	(66		)	(75		)	(11		)	(61	)%	(9		)	(14	)%	(18		)	#
Other	4			(15		)	(18		)	7			(4		)	37			(30		)	(8		)	#		(67		)	#		(11		)	#
Total ending balance	$	859		$	848		$	835		$	854		$	851		$	859		$	851		$	(8	)	(1	)%	$	(8	)	(1	)%	$	(3	)	—

Life Insurance in Force	$	194,140		$	194,293		$	194,760		$	195,155		$	195,510		$	194,140		$	195,510		$	1,370		1	%	$	1,370		1	%	$	355		—

Net Amount at Risk	$	40,867		$	40,816		$	40,452		$	40,600		$	40,552		$	40,867		$	40,552		$	(315	)	(1	)%	$	(315	)	(1	)%	$	(48	)	—

Net Policyholder Reserves
VUL / UL	$	10,045		$	10,139		$	10,400		$	10,295		$	10,476		$	10,045		$	10,476		$	431		4	%	$	431		4	%	$	181		2	%
Term and whole life	222			221			218			218			216			222			216			(6		)	(3	)%	(6		)	(3	)%	(2		)	(1	)%
Disability insurance	535			539			536			537			538			535			538			3			1	%	3			1	%	1			—
Long term care and other	2,691			2,696			2,707			2,723			2,738			2,691			2,738			47			2	%	47			2	%	15			1	%
Auto and home loss and LAE reserves	405			439			441			428			473			405			473			68			17	%	68			17	%	45			11	%
Total net policyholder reserves	$	13,898		$	14,034		$	14,302		$	14,201		$	14,441		$	13,898		$	14,441		$	543		4	%	$	543		4	%	$	240		2	%

(1) Includes lump sum deposits.

# Variance of greater than 100%.

Statistical Supplement Package

(unaudited)

Fourth Quarter 2014

Corporate & Other Segment

Ameriprise Financial, Inc.

Corporate & Other Segment

Fourth Quarter 2014

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 4Q					YTD Chg - 4Q					Seq Qtr Chg - 4Q
(in millions unless otherwise noted, unaudited)	4 Qtr 2013			1 Qtr 2014			2 Qtr 2014			3 Qtr 2014			4 Qtr 2014			2013			2014			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		—		$	—		—		$	—		—
Distribution fees	—			1			—			—			—			1			1			—			—		—			—		—			—
Net investment income	6			4			(5		)	(3		)	(2		)	8			(6		)	(8		)	#		(14		)	#		1			33	%
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	1			1			3			2			3			6			9			2			#		3			50	%	1			50	%
Total revenues	7			6			(2		)	(1		)	1			15			4			(6		)	(86	)%	(11		)	(73	)%	2			#
Banking and deposit interest expense	—			—			—			—			—			—			—			—			—		—			—		—			—
Operating total net revenues	7			6			(2		)	(1		)	1			15			4			(6		)	(86	)%	(11		)	(73	)%	2			#

Expenses
Distribution expenses	—			—			—			1			—			1			1			—			—		—			—		(1		)	#
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest and debt expense	22			4			9			3			5			33			21			(17		)	(77	)%	(12		)	(36	)%	2			67	%
General and administrative expense	59			57			64			48			43			210			212			(16		)	(27	)%	2			1	%	(5		)	(10	)%
Operating expenses	81			61			73			52			48			244			234			(33		)	(41	)%	(10		)	(4	)%	(4		)	(8	)%
Pretax operating loss	$	(74	)	$	(55	)	$	(75	)	$	(53	)	$	(47	)	$	(229	)	$	(230	)	$	27		36	%	$	(1	)	—		$	6		11	%

# Variance of greater than 100%.

Ameriprise Financial, Inc.

Eliminations (1)

Fourth Quarter 2014

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 4Q					YTD Chg - 4Q					Seq Qtr Chg - 4Q
(in millions unless otherwise noted, unaudited)	4 Qtr 2013			1 Qtr 2014			2 Qtr 2014			3 Qtr 2014			4 Qtr 2014			2013			2014			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	(33	)	$	(33	)	$	(34	)	$	(34	)	$	(34	)	$	(129	)	$	(135	)	$	(1	)	(3	)%	$	(6	)	(5	)%	$	—		—
Distribution fees	(322		)	(304		)	(317		)	(319		)	(325		)	(1,224		)	(1,265		)	(3		)	(1	)%	(41		)	(3	)%	(6		)	(2	)%
Net investment income	—			—			—			—			(1		)	(2		)	(1		)	(1		)	—		1			50	%	(1		)	—
Premiums	(4		)	(4		)	(4		)	(4		)	(4		)	(16		)	(16		)	—			—		—			—		—			—
Other revenues	—			—			—			—			—			—			—			—			—		—			—		—			—
Total revenues	(359		)	(341		)	(355		)	(357		)	(364		)	(1,371		)	(1,417		)	(5		)	(1	)%	(46		)	(3	)%	(7		)	(2	)%
Banking and deposit interest expense	—			—			—			—			—			(2		)	—			—			—		2			#		—			—
Operating total net revenues	(359		)	(341		)	(355		)	(357		)	(364		)	(1,369		)	(1,417		)	(5		)	(1	)%	(48		)	(4	)%	(7		)	(2	)%

Expenses
Distribution expenses	(344		)	(326		)	(340		)	(342		)	(348		)	(1,311		)	(1,356		)	(4		)	(1	)%	(45		)	(3	)%	(6		)	(2	)%
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest and debt expense	—			—			—			—			—			—			—			—			—		—			—		—			—
General and administrative expense	(15		)	(15		)	(15		)	(15		)	(16		)	(58		)	(61		)	(1		)	(7	)%	(3		)	(5	)%	(1		)	(7	)%
Operating expenses	(359		)	(341		)	(355		)	(357		)	(364		)	(1,369		)	(1,417		)	(5		)	(1	)%	(48		)	(4	)%	(7		)	(2	)%
Pretax operating earnings	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		—		$	—		—		$	—		—

(1)The majority of the amounts represent the impact of inter-segment transfer pricing for both revenues and expenses.

# Variance of greater than 100%.

Statistical Supplement Package

(unaudited)

Fourth Quarter 2014

Balance Sheet and Ratings Information

Ameriprise Financial, Inc.

Consolidated Balance Sheets

Fourth Quarter 2014

(in millions, unaudited)	December 31, 2013			March 31, 2014			June 30, 2014			September 30, 2014			December 31, 2014
Assets
Cash and cash equivalents	$	2,632		$	2,403		$	2,141		$	2,876		$	2,638
Cash of consolidated investment entities	419			496			718			279			390
Investments	35,735			35,906			35,958			35,899			35,582
Investments of consolidated investment entities	5,002			5,397			5,626			5,661			6,148
Separate account assets	81,223			81,872			84,027			82,420			83,256
Receivables	4,538			4,639			4,782			4,827			4,887
Receivables of consolidated investment entities	72			75			127			68			140
Deferred acquisition costs	2,663			2,630			2,612			2,605			2,608
Restricted and segregated cash and investments	2,360			2,391			2,344			2,382			2,614
Other assets	7,983			8,160			8,435			8,158			8,611
Other assets of consolidated investment entities	1,949			1,995			2,390			2,018			1,936
Total Assets	$	144,576		$	145,964		$	149,160		$	147,193		$	148,810

Liabilities
Policyholder account balances, future policy benefits and claims	$	29,620		$	29,625		$	29,607		$	29,810		$	30,350
Separate account liabilities	81,223			81,872			84,027			82,420			83,256
Customer deposits	7,062			7,211			7,285			7,513			7,664
Short-term borrowings	500			300			200			200			200
Long-term debt	2,720			2,719			2,523			3,059			3,062
Debt of consolidated investment entities	5,736			6,147			6,672			6,394			6,867
Accounts payable and accrued expenses	1,367			1,187			1,274			1,411			1,482
Accounts payable and accrued expenses of consolidated investment entities	62			41			47			50			41
Other liabilities	6,829			7,143			7,356			6,882			6,357
Other liabilities of consolidated investment entities	225			274			492			114			226
Total Liabilities	135,344			136,519			139,483			137,853			139,505

Equity
Ameriprise Financial
Common shares ($.01 par)	3			3			3			3			3
Additional paid-in capital	6,929			7,046			7,144			7,232			7,345
Retained earnings	7,289			7,582			7,843			8,152			8,469
Appropriated retained earnings of consolidated investment entities	337			356			320			308			234
Treasury stock	(6,961		)	(7,389		)	(7,802		)	(8,181		)	(8,589		)
Accumulated other comprehensive income, net of tax	595			746			920			746			662
Total Ameriprise Financial Shareholders’ Equity	8,192			8,344			8,428			8,260			8,124

Noncontrolling interests	1,040			1,101			1,249			1,080			1,181
Total Equity	9,232			9,445			9,677			9,340			9,305
Total Liabilities and Equity	$	144,576		$	145,964		$	149,160		$	147,193		$	148,810

Ameriprise Financial, Inc.

Capital and Ratings Information

Fourth Quarter 2014

(in millions unless otherwise noted, unaudited)	December 31, 2013			March 31, 2014			June 30, 2014			September 30, 2014			December 31, 2014
Long-term Debt Summary
Senior notes	$	2,426		$	2,425		$	2,229		$	2,765		$	2,768
Junior subordinated notes	294			294			294			294			294
Total Ameriprise Financial long-term debt	2,720			2,719			2,523			3,059			3,062
Non-recourse debt of consolidated investment entities	5,736			6,147			6,672			6,394			6,867
Total long-term debt	$	8,456		$	8,866		$	9,195		$	9,453		$	9,929

Total Ameriprise Financial long-term debt	$	2,720		$	2,719		$	2,523		$	3,059		$	3,062
Fair value of hedges and unamortized discount	(76		)	(75		)	(79		)	(65		)	(68		)
Total Ameriprise Financial long-term debt excluding fair value of hedges and unamortized discount (1)	$	2,644		$	2,644		$	2,444		$	2,994		$	2,994

Total equity (2)	$	9,232		$	9,445		$	9,677		$	9,340		$	9,305
Noncontrolling interests	(1,040		)	(1,101		)	(1,249		)	(1,080		)	(1,181		)
Total Ameriprise Financial shareholders’ equity	8,192			8,344			8,428			8,260			8,124
Equity of consolidated investment entities	(321		)	(340		)	(308		)	(296		)	(222		)
Total Ameriprise Financial shareholders’ equity excluding CIEs (1)	$	7,871		$	8,004		$	8,120		$	7,964		$	7,902

Total Ameriprise Financial capital	$	10,912		$	11,063		$	10,951		$	11,319		$	11,186
Total Ameriprise Financial capital excluding fair value of hedges, unamortized discount and equity of CIEs (1)	$	10,515		$	10,648		$	10,564		$	10,958		$	10,896

Debt to capital
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital	24.9		%	24.6		%	23.0		%	27.0		%	27.4		%
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital excluding fair value of hedges, unamortized discount and equity of CIEs (1)	25.1		%	24.8		%	23.1		%	27.3		%	27.5		%

Ratings (as of December 31, 2014 earnings release date)	A.M. Best Company	Standard & Poor’s Rating Services	Moody’s Investors Service, Inc.
Claims Paying Ratings (3)
RiverSource Life Insurance Company	A+	AA-	Aa3
IDS Property Casualty Ins. Company	A	N/R	N/R

Debt Ratings (3)
Ameriprise Financial, Inc.	a-	A	A3

(1)	See non-GAAP financial information on pg 34. Non-GAAP financial measure reconciliations can be found on page 45.
(2)	Includes accumulated other comprehensive income, net of tax.
(3)	For the most current ratings information, please see the individual rating agency’s website.
	N/R - Not Rated.

Ameriprise Financial, Inc.

Ameriprise Financial Investments (1)

Fourth Quarter 2014

(in millions unless otherwise noted, unaudited)	December 31, 2013			March 31, 2014			June 30, 2014			September 30, 2014			December 31, 2014
Cash and cash equivalents	$	2,632		$	2,403		$	2,141		$	2,876		$	2,638

Investments - Ending Balances
Available-for-Sale Securities
Corporate debt securities	17,466			17,464			17,411			17,322			17,165

Residential mortgage backed securities	6,124			6,090			6,158			6,232			6,207
Commercial mortgage backed securities	2,741			2,781			2,768			2,637			2,630
Asset backed securities	1,504			1,522			1,506			1,488			1,470
Total mortgage and other asset backed securities	10,369			10,393			10,432			10,357			10,307

State and municipal obligations	2,160			2,298			2,317			2,257			2,239
US government and agencies obligations	52			52			47			47			47
Foreign government bonds and obligations	245			252			258			253			251
Common and preferred stocks	18			19			21			20			18
Total other	2,475			2,621			2,643			2,577			2,555
Total available-for-sale securities	30,310			30,478			30,486			30,256			30,027

Commercial mortgage loans	2,682			2,695			2,705			2,714			2,729
Allowance for loan losses	(26		)	(25		)	(25		)	(25		)	(25		)
Commercial mortgage loans, net	2,656			2,670			2,680			2,689			2,704

Residential mortgage loans	859			821			797			771			739
Allowance for loan losses	(5		)	(4		)	(3		)	(3		)	(3		)
Residential mortgage loans, net	854			817			794			768			736

Policy loans	774			780			792			805			806
Other investments	1,141			1,161			1,206			1,381			1,309
Total investments	35,735			35,906			35,958			35,899			35,582

Total cash, cash equivalents and investments	$	38,367		$	38,309		$	38,099		$	38,775		$	38,220

Net unrealized gain Available-for-Sale Securities	$	1,471		$	1,836		$	2,204		$	1,985		$	1,961

AFS Fixed Maturity Asset Quality - %
AAA	25		%	25		%	25		%	26		%	26		%
AA	6		%	6		%	6		%	6		%	6		%
AFS securities AA and above	31		%	31		%	31		%	32		%	32		%
A	22		%	22		%	22		%	22		%	22		%
BBB	41		%	41		%	41		%	40		%	40		%
Below investment grade	6		%	6		%	6		%	6		%	6		%
Total AFS fixed maturity asset quality - %	100		%	100		%	100		%	100		%	100		%

Fair Value of Below Investment Grade Investments as a % of Total Cash and Investments	6		%	6		%	6		%	6		%	6		%

(1)	Investments excluding investments of CIEs.

Ameriprise Financial, Inc.

Non-GAAP Financial Information

Ameriprise Financial, Inc. (the Company) prepares its financial statements in accordance with accounting principles generally accepted in the United States (U.S. GAAP). This report includes information on both a U.S. GAAP and non-GAAP basis. Management believes that the presentation of these non-GAAP financial measures best reflect the underlying performance of the Company and facilitate a more meaningful trend analysis. Management uses certain of these non-GAAP measures to evaluate our financial performance on a basis comparable to that used by some securities analysts and investors. Also, certain of these non-GAAP measures are taken into consideration, to varying degrees, for purposes of business planning and analysis and certain compensation-related matters. See the reconciliations on pages 6, 15, 44 and 45.

These non-GAAP measures include:

· Adjusted net pretax operating margin;

· Adjusted operating earnings;

· Adjusted operating revenues;

· Ameriprise Financial shareholders’ equity excluding AOCI;

· Ameriprise Financial shareholders’ equity excluding CIEs;

· Ameriprise Financial shareholders’ equity excluding CIEs and AOCI;

· Basic operating earnings per share;

· Effective tax rate excluding noncontrolling interests;

· Operating earnings;

· Operating earnings per diluted share;

· Operating effective tax rate;

· Operating return on equity excluding AOCI;

· Operating total net revenues;

· Pretax operating earnings;

· Pretax operating margin;

· Return on equity excluding AOCI;

· Total Ameriprise Financial capital excluding fair value of hedges, unamortized discount and equity of CIEs;

· Total Ameriprise Financial long-term debt excluding fair value of hedges and unamortized discount;

· Total Ameriprise Financial long-term debt to total Ameriprise Financial capital excluding fair value of hedges, unamortized discount and equity of CIEs

Reclassification

Certain prior period information has been restated to conform to current period presentation.

Ameriprise Financial, Inc.

Glossary of Selected Terminology - Segments

Advice & Wealth Management - This segment provides financial planning and advice, as well as full service brokerage services, primarily to retail clients through our advisors. These services are centered on long-term, personal relationships between our advisors and our clients and focus on helping clients confidently achieve their financial goals. Our advisors provide a distinctive approach to financial planning and have access to a broad selection of both affiliated and non-affiliated products to help clients meet their financial needs. A significant portion of revenues in this segment is fee-based, driven by the level of client assets, which is impacted by both market movements and net asset flows. We also earn net investment income on owned assets primarily from certificate products. This segment earns revenues (distribution fees) for providing non-affiliated products and intersegment revenues (distribution fees) for providing our affiliated products and services to our retail clients. Intersegment expenses for this segment include expenses for investment management services provided by our Asset Management segment. This segment also includes the results of operation for Ameriprise National Trust Bank, which terminated its deposit-taking and credit-originating activities in the fourth quarter of 2012.

Asset Management - This segment provides investment advice and investment products to retail, high net worth and institutional clients. Such products and services are provided on a global scale through Columbia Management Investment Advisers, LLC (Columbia Management) and Threadneedle Asset Management Holdings Sàrl (Threadneedle). Columbia Management primarily provides products and services in the U.S., and Threadneedle primarily provides products and services internationally. We provide clients with U.S. domestic individual products through unaffiliated third-party financial institutions and through our Advice & Wealth Management segment, and we provide institutional products and services through our institutional sales force. International retail products are primarily distributed through third-party financial institutions and unaffiliated financial advisors. Individual products include U.S. mutual funds and their non-U.S. equivalents, exchange-traded funds and variable product funds underlying insurance and annuity separate accounts. Institutional asset management services are designed to meet specific client objectives and may involve a range of products, including those that focus on traditional asset classes, separately managed accounts, collateralized loan obligations, hedge funds, collective funds and property funds. Collateralized loan obligations, hedge funds and certain private funds are often classified as alternative assets. Revenues in this segment are primarily earned as fees based on managed asset balances, which are impacted by market movements, net asset flows, asset allocation and product mix. We may also earn performance fees from certain accounts where investment performance meets or exceeds certain pre-identified targets. In addition our Asset Management segment provides all intercompany asset management services for Ameriprise Financial subsidiaries. The fees for such services are reflected within the Asset Management segment results through intersegment transfer pricing. Intersegment expenses for this segment include distribution expenses for services provided by our Advice & Wealth Management, Annuities and Protection segments.

Annuities - This segment provides RiverSource variable and fixed annuity products to individual clients. RiverSource Life Insurance Company and RiverSource Life Insurance Co. of New York provide variable annuity products through our advisors, and our fixed annuity products are distributed through both affiliated and unaffiliated advisors and financial institutions. These products are designed to help individuals address their asset accumulation and income goals. Revenues for our variable annuity products are primarily earned as fees based on underlying account balances, which are impacted by both market movements and net asset flows. Revenues for our fixed annuity products are primarily earned as net investment income on assets supporting fixed account balances, with profitability significantly impacted by the spread between net investment income earned and interest credited on the fixed account balances. We also earn net investment income on owned assets supporting reserves for immediate annuities and for certain guaranteed benefits offered with variable annuities and on capital supporting the business. Intersegment revenues for this segment reflect fees paid by our Asset Management segment for marketing support and other services provided in connection with the availability of VIT Funds under the variable annuity contracts. Intersegment expenses for this segment include distribution expenses for services provided by our Advice & Wealth Management segment, as well as expenses for investment management services provided by our Asset Management segment.

Protection - This segment provides a variety of products to address the protection and risk management needs of our retail clients, including life, disability income and property-casualty insurance. These products are designed to provide a lifetime of solutions that allow clients to protect income, grow assets and give to loved ones or charity. Life and disability income products are primarily provided through our advisors. Our property-casualty products are sold primarily through affinity relationships. We issue insurance policies through our life insurance subsidiaries and property casualty companies (IDS Property Casualty Insurance Company and its subsidiary, Ameriprise Insurance Company). The primary sources of revenues for this segment are premiums, fees, and charges we receive to assume insurance-related risk. We earn net investment income on owned assets supporting insurance reserves and capital supporting the business. We also receive fees based on the level of assets supporting variable universal life separate account balances. This segment earns intersegment revenues from fees paid by our Asset Management segment for marketing support and other services provided in connection with the availability of VIT Funds under the variable universal life contracts. Intersegment expenses for this segment include distribution expenses for services provided by our Advice & Wealth Management segment, as well as expenses for investment management services provided by our Asset Management segment.

Corporate & Other - This segment consists of net investment income or loss on corporate level assets, including excess capital held in our subsidiaries and other unallocated equity and other revenues as well as unallocated corporate expenses.

Ameriprise Financial, Inc.

Glossary of Selected Terminology

Adjusted Net Pretax Operating Margin - An internal measure designed to calculate operating margins similar to how asset management companies define operating margins. A ratio representing adjusted operating earnings as a percentage of adjusted operating revenues for the asset management segment.

Adjusted Operating Earnings - Asset management segment pretax operating earnings less operating net investment income plus amortization of intangibles.

Adjusted Operating Revenues - Asset management segment operating total net revenues less pass through distribution revenue and subadvisory and other pass through revenues.

Affiliated General Account Assets - Balance sheet assets from various affiliates managed and reported by Columbia.

Allocated Capital - The internal allocation of Total Ameriprise Financial Capital, excluding accumulated other comprehensive income (loss), CIEs, and fair value of hedges and unamortized discount on Ameriprise Financial long-term debt, is based on management’s best estimate of capital required to support the business. Estimates reflect the higher of regulatory or rating agency capital requirements, and include capital held for some stress contingencies. Capital is allocated to our operating segments for the purpose of measuring segment return on allocated capital. For the Corporate & Other segment, allocated capital also includes any capital available after capital has been allocated to the operating segments. Allocated capital is not adjusted for non-operating items except for CIEs.

Alternative Assets - Assets reported by the Company that include Hedge Funds and Collateralized Loan Obligations (“CLO”).

Ameriprise Financial - Ameriprise Financial includes ownership interests in subsidiaries that are attributable, directly or indirectly, to Ameriprise Financial, Inc. and excludes noncontrolling interests.

AOCI - Accumulated other comprehensive income (loss), net of tax.

Assets Under Administration - Assets under administration include assets for which we provide administrative services such as client assets invested in other companies’ products that we offer outside of our advisory wrap accounts. These assets include those held in clients’ brokerage accounts. We generally record revenues received from administered assets as distribution fees. We do not exercise management discretion over these assets and do not earn a management fee. These assets are not reported on our Consolidated Balance Sheets. Assets under administration also include certain assets on our Consolidated Balance Sheets for which we do not provide investment management services and do not recognize management fees, such as investments in non-affiliated funds held in the separate accounts of our life insurance subsidiaries. These assets do not include assets under advisement, for which we provide model portfolios but do not have full discretionary investment authority.

Assets Under Management - Assets under management include external client assets for which we provide investment management services, such as the assets of the Columbia funds and Threadneedle funds, assets of institutional clients and advisory assets held in wrap accounts as well as assets managed by sub-advisors selected by us. Assets under management also include certain assets on our Consolidated Balance Sheets for which we provide investment management services and recognize management fees in our Asset Management segment, such as the assets of the general account, RiverSource Variable Product funds held in the separate accounts of our life insurance subsidiaries, and client assets of CIEs. These assets do not include assets under advisement, for which we provide model portfolios, but do not have full discretionary investment authority.

Auto & Home Insurance - Personal auto and home protection products marketed directly to customers through marketing affiliates such as Costco Wholesale Corporation and Ford Motor Credit Company. We sell these products through our auto and home subsidiary, IDS Property Casualty Insurance Company (doing business as Ameriprise Auto & Home Insurance).

Cash Sales - Cash sales are the dollar value volume indicator that captures gross new cash inflows which generate product revenue streams to our company. This includes primarily “client initiated” activity that results in an incremental increase in assets or premiums in force (but doesn’t need to result in time of sale revenue), or activity that doesn’t increase assets or premiums in force, but generates “fee revenue”.

Consolidated Investment Entities (“CIEs”) - CIEs include variable interest entities, such as property funds and CLOs, required to be consolidated under current accounting standards.

DAC Rollforward Other - We record unrealized securities gains (losses) in accumulated other comprehensive income (loss), net of income tax provision (benefit) and net of adjustments in other asset and liability balances, such as DAC, to reflect the expected impact on their carrying values had the unrealized securities gains (losses) been realized as of the respective balance sheet dates.

Deferred Acquisition Costs and Amortization - Deferred acquisition costs (“DAC”) represent the direct costs of acquiring new protection and annuity contracts, principally direct sales commissions and other distribution and underwriting costs that have been deferred on the sale of life, disability income, long term care, auto, and home insurance and annuities. DAC also includes deferred direct sales commissions on certain mutual fund products. These costs are deferred to the extent they are directly related to the acquisition of new business and are recoverable from future profits.

Life Insurance in Force - The total amount of all life insurance death benefits currently insured by our company.

Market Impact on Indexed Universal Life Benefits - The impact of changes in financial market conditions on benefit costs associated with indexed universal life benefits accounted for as embedded derivatives, net of changes in associated economic hedge values and net of related impacts on DAC amortization, unearned revenue amortization, and the reinsurance accrual. This market impact includes the risk margin and nonperformance spread impact.

Market Impact on Variable Annuity Guaranteed Benefits - The impact of changes in financial market conditions on benefit costs associated with variable annuity guaranteed living benefits accounted for as embedded derivatives, net of changes in economic hedge values and unhedged items including the difference between assumed and actual underlying separate account investment performance, fixed income credit exposures, transaction costs and certain policyholder contract elections, net of related impacts on DAC and DSIC amortization. The market impact includes the risk margin and nonperformance spread impact.

Net Amount at Risk - Life insurance in force less policyholder reserves net of reinsurance.

Net Flows - Sales less redemptions and miscellaneous flows which may include reinvested dividends.

Net New Flows - Mutual or VP/VIT fund inflows less outflows.

Operating Earnings - Net income attributable to Ameriprise Financial less integration/restructuring charges, net of tax, market impact on variable annuity guaranteed benefits and indexed universal life benefits, net of tax, income (loss) from discontinued operations, net of tax and realized gains, net of tax, plus realized losses, net of tax.

Operating Expenses - Total expenses less integration/restructuring charges, market impact on variable annuity guaranteed benefits, market impact on indexed universal life benefits and expense from consolidated investment entities.

Operating Net Investment Income - Net investment income minus net realized gains (losses) and net investment income from consolidated investment entities.

Operating Return on Allocated Capital - Calculated using operating earnings subject to the quarterly operating effective tax rate for the last four quarters in the numerator and the average allocated capital as of the last day of the trailing four quarters and current quarter in the denominator. Operating earnings for each product line are based on the target level of assets which are based on management’s best estimate after considering regulatory and rating agency requirements.

Operating Total Net Revenues - Total net revenues less realized gains plus realized losses plus/less indexed universal life market impact on reinsurance and unearned revenue less revenue from consolidated investment entities and integration/restructuring.

Pretax Operating Earnings - Income from continuing operations before income tax provision plus or minus net realized gains (losses) plus integration/restructuring charges plus market impact on variable annuity guaranteed benefits plus market impact on indexed universal life benefits minus pretax income (loss) from consolidated investment entities.

Pretax Operating Margin - A ratio representing pretax operating earnings as a percentage of operating total net revenues.

Pretax Income (Loss) Margin - A ratio representing pretax income (loss) as a percentage of total net revenues.

Risk Margin and Nonperformance Spread Impact - The portion of the market impact on variable annuity guaranteed benefits and indexed universal life benefits related to liability valuation adjustments made in accordance with Financial Accounting Standards Board Accounting Standards Codification 820, Fair Value Measurements and Disclosures (“ASC 820”) that management considers to be non-economic, including the impact of discounting projected benefits at a rate reflecting a current estimate of RiverSource Life’s nonperformance spread, net of related impacts on DAC, DSIC and unearned revenue as well as a reinsurance accrual for indexed universal life.

Separate Account - Represents assets and liabilities that are maintained and established primarily for the purpose of funding variable annuity and insurance products. The assets of the separate account are only available to fund the liabilities of the variable annuity contract holders and others with contracts requiring premiums or other deposits to the separate account. Clients elect to invest premiums in stock, bond and/or money market funds depending on their risk tolerance. All investment performance, net of fees, is passed through to the client.

Threadneedle - Threadneedle Asset Management Holdings Sarl is a holding company for the London-based Threadneedle companies, which provide investment management products and services.

Total Ameriprise Financial Capital - Total Ameriprise Financial shareholders’ equity plus total Ameriprise Financial long-term debt. Total Ameriprise Financial capital is also presented excluding fair value of hedges, unamortized discount and equity of CIEs.

Total Ameriprise Financial Long-term Debt to Total Ameriprise Financial Capital Ratio - A ratio comprised of total Ameriprise Financial long-term debt divided by Ameriprise Financial capital. We also present total Ameriprise Financial long-term debt to total Ameriprise Financial capital ratios excluding fair value of hedges, unamortized discount and equity of consolidated investment entities.

Wrap Accounts - Wrap accounts enable our clients to purchase other securities such as mutual funds in connection with fee-based “wrap account” programs or services. We offer clients the opportunity to select products that include affiliated and non-affiliated funds. We currently offer both discretionary and non-discretionary wrap accounts. In a discretionary wrap account, an unaffiliated investment advisor or our investment management subsidiary, Columbia Management Investment Advisers, LLC, chooses the underlying investments in the portfolio on behalf of the client. In a non-discretionary wrap account, the client chooses the underlying investments in the portfolio based, to the extent the client elects, in part or whole on the recommendations of their financial advisor. Investors in our wrap accounts generally pay a fee based on the advisory assets held in their wrap accounts. These investors also pay any related fees or costs included in the underlying securities held in that account, such as underlying mutual fund operating expenses and Rule 12b-1 fees.

Exhibit A

Statistical Supplement Package

(unaudited)

Fourth Quarter 2014

Disclosed Items

Ameriprise Financial, Inc.

Disclosed Items

4 Qtr 2014

Excluded from Operating Earnings

	Advice & Wealth Management			Annuities						Protection						Corporate and Eliminations
							Market Impact on						Market Impact on
	Securities			Securities			VA Guaranteed			Securities			Indexed Universal
(in millions, unaudited)	Gains/(Losses) (1)			Gains/(Losses) (1)			Benefits (2)			Gains/(Losses) (1)			Life Benefits (3)			CIEs (4)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—		$	(16	)
Distribution fees	—			—			—			—			—			—
Net investment income	1			16			—			10			—			(1		)
Premiums	—			—			—			—			—			—
Other revenues	—			—			—			—			(11		)	125
Total revenues	1			16			—			10			(11		)	108
Banking and deposit interest expense	—			—			—			—			—			—
Total net revenues	1			16			—			10			(11		)	108

Expenses
Distribution expenses	—			—			—			—			—			—
Interest credited to fixed accounts	—			—			—			—			12			—
Benefits, claims, losses and settlement expenses	—			—			40			—			—			—
Amortization of deferred acquisition costs	—			—			(6		)	—			(8		)	—
Interest and debt expense	—			—			—			—			—			60
General and administrative expense	—			—			—			—			—			20
Total expenses	—			—			34			—			4			80
Pretax segment income (loss)	1			16			(34		)	10			(15		)	28
Less: Net income (loss) attributable to noncontrolling interest	—			—			—			—			—			28
Pretax segment gain (loss) attributable to Ameriprise Financial	$	1		$	16		$	(34	)	$	10		$	(15	)	$	—

Included in Operating Earnings

	Annuities						Protection
	Market						Market
	Impacts			Variable Annuity			Impacts			Actuarial Model			Auto & Home
(in millions, unaudited)	to DAC/DSIC (5)			Product Changes (6)			to DAC/DSIC (5)			Correction (7)			Reserves (8)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—
Distribution fees	—			—			—			—			—
Net investment income	—			—			—			—			—
Premiums	—			—			—			—			—
Other revenues	—			—			—			—			—
Total revenues	—			—			—			—			—
Banking and deposit interest expense	—			—			—			—			—
Operating total net revenues	—			—			—			—			—

Expenses
Distribution expenses	—			—			—			—			—
Interest credited to fixed accounts	—			—			—			—			—
Benefits, claims, losses and settlement expenses	(1		)	(2		)	—			—			60
Amortization of deferred acquisition costs	(6		)	—			(1		)	7			—
Interest and debt expense	—			—			—			—			—
General and administrative expense	—			—			—			—			—
Operating expenses	(7		)	(2		)	(1		)	7			60
Pretax operating earnings	$	7		$	2		$	1		$	(7	)	$	(60	)

(1) Pretax net realized investment gains/(losses) on Available-for-Sale securities and other securities

(2) Variable annuity guaranteed benefit impacts include:

$42 million net expense related to hedged variable annuity benefits

$8 million decrease in DAC and DSIC amortization resulting from hedged benefits

(3) Indexed universal life benefit impacts include:

$12 million net expense related to hedged indexed universal life benefits

$8 million decrease in DAC amortization resulting from hedged indexed universal life benefits

$11 million decrease in unearned revenue reserve amortization and reinsurance accrual from hedged indexed universal life benefits

(4) Reflects revenues and expenses of Consolidated Investment Entities

(5) Decrease in DAC and DSIC amortization from higher than projected separate account growth

(6) Benefit related to the addition of Portfolio Stabilizer (managed volatility) fund options for in-force variable annuities with living benefit guarantees

(7) Actuarial model correction in life and health

(8) Increase in auto reserves

Ameriprise Financial, Inc.

Disclosed Items

3 Qtr 2014

Excluded from Operating Earnings

	Annuities						Protection						Corporate and Eliminations
				Market Impact on						Market Impact on
	Securities			VA Guaranteed			Securities			Indexed Universal			Securities
(in millions, unaudited)	Gains/(Losses) (1)			Benefits (2)			Gains/(Losses) (1)			Life Benefits (3)			Gains/(Losses) (1)			CIEs (4)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—		$	(15	)
Distribution fees	—			—			—			—			—			—
Net investment income	7			—			1			—			(4		)	41
Premiums	—			—			—			—			—			—
Other revenues	—			—			—			2			—			180
Total revenues	7			—			1			2			(4		)	206
Banking and deposit interest expense	—			—			—			—			—			—
Total net revenues	7			—			1			2			(4		)	206

Expenses
Distribution expenses	—			—			—			—			—			—
Interest credited to fixed accounts	—			—			—			(7		)	—			—
Benefits, claims, losses and settlement expenses	—			(16		)	—			—			—			—
Amortization of deferred acquisition costs	—			7			—			1			—			—
Interest and debt expense	—			—			—			—			—			54
General and administrative expense	—			—			—			—			—			7
Total expenses	—			(9		)	—			(6		)	—			61
Pretax segment income (loss)	7			9			1			8			(4		)	145
Less: Net income (loss) attributable to noncontrolling interest	—			—			—			—			—			145
Pretax segment gain (loss) attributable to Ameriprise Financial	$	7		$	9		$	1		$	8		$	(4	)	$	—

Included in Operating Earnings

	Annuities						Protection
	Market			Valuation			Valuation
	Impacts			Assumptions &			Assumptions &
(in millions, unaudited)	to DAC/DSIC (5)			Model Changes (6)			Model Changes (6)
Revenues
Management and financial advice fees	$	—		$	—		$	—
Distribution fees	—			—			—
Net investment income	—			—			—
Premiums	—			—			—
Other revenues	—			—			(29		)
Total revenues	—			—			(29		)
Banking and deposit interest expense	—			—			—
Operating total net revenues	—			—			(29		)

Expenses
Distribution expenses	—			—			—
Interest credited to fixed accounts	—			—			—
Benefits, claims, losses and settlement expenses	1			5			1
Amortization of deferred acquisition costs	5			17			(9		)
Interest and debt expense	—			—			—
General and administrative expense	—			—			—
Operating expenses	6			22			(8		)
Pretax operating earnings	$	(6	)	$	(22	)	$	(21	)

(1) Pretax net realized investment gains/(losses) on Available-for-Sale securities and other securities

(2) Variable annuity guaranteed benefit impacts include:

$17 million net benefit related to hedged variable annuity benefits

$8 million increase in DAC and DSIC amortization resulting from hedged benefits

(3) Indexed universal life benefit impacts include:

$7 million net benefit related to hedged indexed universal life benefits

$1 million increase in DAC amortization resulting from hedged indexed universal life benefits

$2 million increase in unearned revenue reserve amortization and reinsurance accrual from hedged indexed universal life benefits

(4) Reflects revenues and expenses of Consolidated Investment Entities

(5) Increase in DAC and DSIC amortization from lower than projected separate account growth

(6) Net pretax impact of model changes and the annual review/updating of valuation assumptions

Ameriprise Financial, Inc.

Disclosed Items

2 Qtr 2014

Excluded from Operating Earnings

	Annuities					Protection			Corporate and Eliminations
			Market Impact on			Market Impact on
	Securities		VA Guaranteed			Indexed Universal
(in millions, unaudited)	Gains/(Losses) (1)		Benefits (2)			Life Benefits (3)			CIEs (4)
Revenues
Management and financial advice fees	$	—	$	—		$	—		$	(29	)
Distribution fees	—		—			—			—
Net investment income	1		—			—			43
Premiums	—		—			—			—
Other revenues	—		—			(4		)	146
Total revenues	1		—			(4		)	160
Banking and deposit interest expense	—		—			—			—
Total net revenues	1		—			(4		)	160

Expenses
Distribution expenses	—		—			—			—
Interest credited to fixed accounts	—		—			(1		)	—
Benefits, claims, losses and settlement expenses	—		64			—			—
Amortization of deferred acquisition costs	—		(10		)	(3		)	—
Interest and debt expense	—		—			—			45
General and administrative expense	—		—			—			22
Total expenses	—		54			(4		)	67
Pretax segment income (loss)	1		(54		)	—			93
Less: Net income (loss) attributable to noncontrolling interest	—		—			—			93
Pretax segment gain (loss) attributable to Ameriprise Financial	$	1	$	(54	)	$	—		$	—

Included in Operating Earnings

	Asset Management		Annuities						Protection
			Market						Auto & Home			Market
	CLO		Impacts			Variable Annuity			Catastrophe			Impacts
(in millions, unaudited)	Benefit (5)		to DAC/DSIC (6)			Product Changes (7)			Losses (8)			to DAC/DSIC (6)
Revenues
Management and financial advice fees	$	14	$	—		$	—		$	—		$	—
Distribution fees	—		—			—			—			—
Net investment income	9		—			—			—			—
Premiums	—		—			—			—			—
Other revenues	—		—			—			—			—
Total revenues	23		—			—			—			—
Banking and deposit interest expense	—		—			—			—			—
Operating total net revenues	23		—			—			—			—

Expenses
Distribution expenses	—		—			—			—			—
Interest credited to fixed accounts	—		—			—			—			—
Benefits, claims, losses and settlement expenses	—		(3		)	(12		)	33			—
Amortization of deferred acquisition costs	—		(12		)	2			—			(1		)
Interest and debt expense	—		—			—			—			—
General and administrative expense	6		—			—			—			—
Operating expenses	6		(15		)	(10		)	33			(1		)
Pretax operating earnings	$	17	$	15		$	10		$	(33	)	$	1

(1) Pretax net realized investment gains/(losses) on Available-for-Sale securities and other securities

(2) Variable annuity guaranteed benefit impacts include:

$65 million net expense related to hedged variable annuity benefits

$11 million decrease in DAC and DSIC amortization resulting from hedged benefits

(3) Indexed universal life benefit impacts include:

$1 million net benefit related to hedged indexed universal life benefits

$3 million decrease in DAC amortization resulting from hedged indexed universal life benefits

$4 million decrease in unearned revenue reserve amortization and reinsurance accrual from hedged indexed universal life benefits

(4) Reflects revenues and expenses of Consolidated Investment Entities

(5) CLO fund liquidation benefit

(6) Decrease in DAC and DSIC amortization from higher than projected separate account growth

(7) Benefit related to the addition of Portfolio Stabilizer (managed volatility) fund options for in-force variable annuities with living benefit guarantees

(8) Total Auto & Home catastrophe losses for the quarter, which were $12 million higher than expectations

Ameriprise Financial, Inc.

Disclosed Items

1 Qtr 2014

Excluded from Operating Earnings

	Annuities					Protection				Corporate and Eliminations
			Market Impact on					Market Impact on
	Securities		VA Guaranteed			Securities		Indexed Universal
(in millions, unaudited)	Gains/(Losses) (1)		Benefits (2)			Gains/(Losses) (1)		Life Benefits (3)		CIEs (4)
Revenues
Management and financial advice fees	$	—	$	—		$	—	$	—	$	(14	)
Distribution fees	—		—			—		—		—
Net investment income	4		—			1		—		74
Premiums	—		—			—		—		—
Other revenues	—		—			—		2		117
Total revenues	4		—			1		2		177
Banking and deposit interest expense	—		—			—		—		—
Total net revenues	4		—			1		2		177

Expenses
Distribution expenses	—		—			—		—		—
Interest credited to fixed accounts	—		—			—		—		—
Benefits, claims, losses and settlement expenses	—		15			—		—		—
Amortization of deferred acquisition costs	—		—			—		1		—
Interest and debt expense	—		—			—		—		50
General and administrative expense	—		—			—		—		12
Total expenses	—		15			—		1		62
Pretax segment income (loss)	4		(15		)	1		1		115
Less: Net income (loss) attributable to noncontrolling interest	—		—			—		—		115
Pretax segment gain (loss) attributable to Ameriprise Financial	$	4	$	(15	)	$	1	$	1	$	—

Included in Operating Earnings

	Annuities						Protection						Consolidated
	Market									Auto & Home
	Impacts			Variable Annuity			Auto & Home			Weather Related			Tax
(in millions, unaudited)	to DAC/DSIC (5)			Product Changes (6)			Reserves (7)			Losses (8)			Benefit (9)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—
Distribution fees	—			—			—			—			—
Net investment income	—			—			—			—			—
Premiums	—			—			—			—			—
Other revenues	—			—			—			—			—
Total revenues	—			—			—			—			—
Banking and deposit interest expense	—			—			—			—			—
Operating total net revenues	—			—			—			—			—

Expenses
Distribution expenses	—			—			—			—			—
Interest credited to fixed accounts	—			—			—			—			—
Benefits, claims, losses and settlement expenses	(2		)	(34		)	30			20			—
Amortization of deferred acquisition costs	(6		)	5			—			—			—
Interest and debt expense	—			—			—			—			—
General and administrative expense	—			—			—			—			—
Operating expenses	(8		)	(29		)	30			20			—
Pretax operating earnings	$	8		$	29		$	(30	)	$	(20	)	$	—
Tax benefit													$	17

(1)	Pretax net realized investment gains/(losses) on Available-for-Sale securities and other securities
(2)	Variable annuity guaranteed benefit impacts include:
	$16 million net expense related to hedged variable annuity benefits
	$1 million decrease in DAC and DSIC amortization resulting from hedged benefits
(3)	Indexed universal life benefit impacts include:
	$1 million increase in DAC amortization resulting from hedged indexed universal life benefits
	$2 million increase in unearned revenue reserve amortization and reinsurance accrual from hedged indexed universal life benefits
(4)	Reflects revenues and expenses of Consolidated Investment Entities
(5)	Decrease in DAC and DSIC amortization from higher than projected separate account growth
(6)	Benefit related to the addition of Portfolio Stabilizer (managed volatility) fund options for in-force variable annuities with living benefit guarantees
(7)	Increase in auto and home auto liability reserves based upon additional analysis and information regarding adverse development of bodily injury claims
(8)	Auto and home weather-related losses from severe winter weather
(9)	Tax benefit from the completion of tax audits from previous years

Ameriprise Financial, Inc.

Disclosed Items

4 Qtr 2013

Excluded from Operating Earnings


	Advice & Wealth Management			Asset Management			Annuities						Protection						Corporate and Eliminations
										Market Impact on						Market Impact on
	Securities			Restructuring			Securities			VA Guaranteed			Securities			Indexed Universal			Securities
(in millions, unaudited)	Gains/(Losses) (1)			Charges (2)			Gains/(Losses) (1)			Benefits (3)			Gains/(Losses) (1)			Life Benefits (4)			Gains/(Losses) (1)		CIEs (5)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—		$	—		$	—	$	(13	)
Distribution fees	—			—			—			—			—			—			—		—
Net investment income	(1		)	—			(1		)	—			1			—			1		55
Premiums	—			—			—			—			—			—			—		—
Other revenues	—			—			—			—			—			(7		)	—		95
Total revenues	(1		)	—			(1		)	—			1			(7		)	1		137
Banking and deposit interest expense	—			—			—			—			—			—			—		—
Total net revenues	(1		)	—			(1		)	—			1			(7		)	1		137

Expenses
Distribution expenses	—			—			—			—			—			—			—		—
Interest credited to fixed accounts	—			—			—			—			—			6			—		—
Benefits, claims, losses and settlement expenses	—			—			—			127			—			—			—		—
Amortization of deferred acquisition costs	—			—			—			(23		)	—			(4		)	—		—
Interest and debt expense	—			—			—			—			—			—			—		38
General and administrative expense	—			11			—			—			—			—			—		15
Total expenses	—			11			—			104			—			2			—		53
Pretax segment income (loss)	(1		)	(11		)	(1		)	(104		)	1			(9		)	1		84
Less: Net income (loss) attributable to noncontrolling interest	—			—			—			—			—			—			—		84
Pretax segment gain (loss) attributable to Ameriprise Financial	$	(1	)	$	(11	)	$	(1	)	$	(104	)	$	1		$	(9	)	$	1	$	—

Included in Operating Earnings

	Annuities						Protection						Corporate
	Market						Market						Debt
	Impacts			Variable Annuity			Impacts			Auto & Home			Retirement
(in millions, unaudited)	to DAC/DSIC (6)			Product Changes (7)			to DAC/DSIC (6)			Reserves (8)			Expense (9)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—
Distribution fees	—			—			—			—			—
Net investment income	—			—			—			—			—
Premiums	—			—			—			—			—
Other revenues	—			—			—			—			—
Total revenues	—			—			—			—			—
Banking and deposit interest expense	—			—			—			—			—
Operating total net revenues	—			—			—			—			—

Expenses
Distribution expenses	—			—			—			—			—
Interest credited to fixed accounts	—			—			—			—			—
Benefits, claims, losses and settlement expenses	(4		)	(31		)	—			20			—
Amortization of deferred acquisition costs	(12		)	5			(1		)	—			—
Interest and debt expense	—			—			—			—			19
General and administrative expense	—			—			—			—			—
Operating expenses	(16		)	(26		)	(1		)	20			19
Pretax operating earnings	$	16		$	26		$	1		$	(20	)	$	(19	)

(1)	Pretax net realized investment gains/(losses) on Available-for-Sale securities and other securities
(2)	Non-recurring restructuring charges related to consolidation of office space
(3)	Variable annuity guaranteed benefit impacts include:
	$131 million net expense related to hedged variable annuity benefits
	$27 million decrease in DAC and DSIC amortization resulting from hedged benefits
(4)	Indexed universal life benefit impacts include:
	$6 million net expense related to hedged indexed universal life benefits
	$4 million decrease in DAC amortization resulting from hedged indexed universal life benefits
	$7 million decrease in unearned revenue reserve amortization and reinsurance accrual from hedged indexed universal life benefits
(5)	Reflects revenues and expenses of Consolidated Investment Entities
(6)	Decrease in DAC and DSIC amortization from higher than projected separate account growth
(7)	Benefit related to the addition of Portfolio Stabilizer (managed volatility) fund options for in-force variable annuities with living benefit guarantees
(8)	Increase in auto and home reserves based on auto liability claims development
(9)	Make whole expense associated with the retirement of debt

Exhibit B

Statistical Supplement Package

(unaudited)

Fourth Quarter 2014

Non-GAAP Financial Measure Reconciliations

Ameriprise Financial, Inc.

Non-GAAP Financial Measure Reconciliations

Fourth Quarter 2014

																Year-to-date
(in millions unless otherwise noted, unaudited)	4 Qtr 2013			1 Qtr 2014			2 Qtr 2014			3 Qtr 2014			4 Qtr 2014			2013			2014
Return on Equity
Net income attributable to Ameriprise Financial (last twelve months)	$	1,334		$	1,399		$	1,452		$	1,490		$	1,619		$	1,334		$	1,619
Less income (loss) from discontinued operations, net of tax (last twelve months)	(3		)	(3		)	(2		)	(3		)	(2		)	(3		)	(2		)
Net income from continuing operations attributable to Ameriprise Financial (last twelve months)	1,337			1,402			1,454			1,493			1,621			1,337			1,621
Less adjustments (1)	(123		)	(127		)	(131		)	(107		)	(41		)	(123		)	(41		)
Operating earnings (last twelve months)	$	1,460		$	1,529		$	1,585		$	1,600		$	1,662		$	1,460		$	1,662

Total Ameriprise Financial shareholders’ equity (five point quarter end average)	$	8,582		$	8,432		$	8,326		$	8,310		$	8,270		$	8,582		$	8,270
Less AOCI, net of tax (five point quarter end average)	821			731			698			723			734			821			734
Total Ameriprise Financial shareholders’ equity excluding AOCI (five point quarter end average)	7,761			7,701			7,628			7,587			7,536			7,761			7,536
Less equity impacts attributable to the consolidated investment entities (five point quarter end average)	333			337			330			331			311			333			311
Operating equity (five point quarter end average)	$	7,428		$	7,364		$	7,298		$	7,256		$	7,225		$	7,428		$	7,225

Return on equity excluding AOCI	17.2		%	18.2		%	19.1		%	19.7		%	21.5		%	17.2		%	21.5		%
Operating return on equity excluding AOCI	19.7		%	20.8		%	21.7		%	22.1		%	23.0		%	19.7		%	23.0		%

Effective Tax Rate
Income from continuing operations before income tax provision	$	479		$	650		$	619		$	720		$	558		$	1,970		$	2,547
Less pretax income (loss) attributable to noncontrolling interests	84			115			93			145			28			141			381
Income from continuing operations before income tax provision excluding consolidated investment entities (CIEs)	395			535			526			575			530			1,829			2,166
Less adjustments (2)	(124		)	(9		)	(53		)	21			(22		)	(190		)	(63		)
Pretax operating earnings	$	519		$	544		$	579		$	554		$	552		$	2,019		$	2,229

Income tax provision from continuing operations	$	97		$	134		$	152		$	155		$	104		$	492		$	545
Operating income tax provision	$	141		$	137		$	171		$	147		$	112		$	559		$	567

Effective tax rate	20.5		%	20.7		%	24.5		%	21.6		%	18.7		%	25.0		%	21.4		%
Effective tax rate excluding noncontrolling interests	24.8		%	25.1		%	28.7		%	27.0		%	19.7		%	26.9		%	25.2		%
Operating effective tax rate	27.2		%	25.2		%	29.5		%	26.5		%	20.3		%	27.7		%	25.4		%

(1) Adjustments reflect the trailing twelve months’ sum of after-tax net realized gains/losses; the market impact on variable annuity guaranteed benefits, net of hedges and related DSIC and DAC amortization; the market impact on indexed universal life benefits, net of hedges and the related DAC amortization, unearned revenue amortization, and the reinsurance accrual; and integration/restructuring charges. After-tax is calculated using the statutory tax rate of 35%.

(2) Adjustments reflect net realized gains/losses; the market impact on variable annuity guaranteed benefits net of hedges and related DSIC and DAC amortization; the market impact on indexed universal life benefits, net of hedges and the related DAC amortization, unearned revenue amortization, and the reinsurance accrual; and integration/restructuring charges.

Ameriprise Financial, Inc.

Non-GAAP Financial Measure Reconciliations

Fourth Quarter 2014

(in millions unless otherwise noted, unaudited)	December 31, 2013			March 31, 2014			June 30, 2014			September 30, 2014			December 31, 2014
Long-term Debt Summary
Senior notes	$	2,426		$	2,425		$	2,229		$	2,765		$	2,768
Junior subordinated notes	294			294			294			294			294
Total Ameriprise Financial long-term debt	2,720			2,719			2,523			3,059			3,062
Less fair value of hedges and unamortized discount	76			75			79			65			68
Total Ameriprise Financial long-term debt excluding fair value of hedges and unamortized discount	$	2,644		$	2,644		$	2,444		$	2,994		$	2,994

Equity Summary
Total equity	$	9,232		$	9,445		$	9,677		$	9,340		$	9,305
Less noncontrolling interests	1,040			1,101			1,249			1,080			1,181
Total Ameriprise Financial shareholders’ equity	8,192			8,344			8,428			8,260			8,124
Less equity of consolidated investment entities	321			340			308			296			222
Total Ameriprise Financial shareholders’ equity excluding CIEs	$	7,871		$	8,004		$	8,120		$	7,964		$	7,902

Capital Summary
Total Ameriprise Financial long-term debt	$	2,720		$	2,719		$	2,523		$	3,059		$	3,062
Total Ameriprise Financial shareholders’ equity	8,192			8,344			8,428			8,260			8,124
Total Ameriprise Financial capital	10,912			11,063			10,951			11,319			11,186
Less equity of consolidated investment entities	321			340			308			296			222
Less fair value of hedges and unamortized discount	76			75			79			65			68
Total Ameriprise Financial capital excluding fair value of hedges, unamortized discount and equity of CIEs	$	10,515		$	10,648		$	10,564		$	10,958		$	10,896

Total Ameriprise Financial long-term debt to total Ameriprise Financial capital	24.9		%	24.6		%	23.0		%	27.0		%	27.4		%
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital excluding fair value of hedges, unamortized discount and equity of CIEs	25.1		%	24.8		%	23.1		%	27.3		%	27.5		%

Ameriprise Financial shareholders’ equity	$	8,192		$	8,344		$	8,428		$	8,260		$	8,124
AOCI	595			746			920			746			662
Appropriated retained earnings of CIEs	337			356			320			308			234
AOCI attributable to CIEs	(16		)	(16		)	(12		)	(12		)	(12		)

Ameriprise Financial shareholders’ equity	$	8,192		$	8,344		$	8,428		$	8,260		$	8,124
Less AOCI	595			746			920			746			662
Ameriprise Financial shareholders’ equity excluding AOCI	$	7,597		$	7,598		$	7,508		$	7,514		$	7,462

Ameriprise Financial shareholders’ equity	$	8,192		$	8,344		$	8,428		$	8,260		$	8,124
Less appropriated retained earnings of CIEs	337			356			320			308			234
Less AOCI	595			746			920			746			662
Ameriprise Financial shareholders’ equity excluding CIEs and AOCI	$	7,260		$	7,242		$	7,188		$	7,206		$	7,228

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