Partnership commitments not yet remitted

  
Ameriprise Financial, Inc.Consolidated Statements of Cash Flows (Continued)

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Years Ended December 31, |
| 2021 |  | 2020 |  | 2019 |
| (in millions) |
| Cash Flows from Financing Activities |  |  |  |  |  |
| Investment certificates: |  |  |  |  |  |
| Proceeds from additions | $ | 2,733  |  |  | $ | 4,259  |  |  | $ | 5,110  |  |
| Maturities, withdrawals and cash surrenders | (4,190) |  |  | (5,016) |  |  | (5,489) |  |
| Policyholder account balances: |  |  |  |  |  |
| Deposits and other additions | 1,553  |  |  | 1,649  |  |  | 2,152  |  |
| Net transfers from (to) separate accounts | (273) |  |  | (125) |  |  | (86) |  |
| Surrenders and other benefits | (1,365) |  |  | (1,357) |  |  | (1,728) |  |
| Change in banking deposits, net | 4,016  |  |  | 3,616  |  |  | 3,788  |  |
| Cash paid for purchased options with deferred premiums | (156) |  |  | (211) |  |  | (396) |  |
| Cash received from purchased options with deferred premiums | 1,350  |  |  | 40  |  |  | 206  |  |
| Issuance of long-term debt, net of issuance costs | 4  |  |  | 496  |  |  | 497  |  |
| Repayments of long-term debt | (9) |  |  | (762) |  |  | (313) |  |
| Dividends paid to shareholders | (511) |  |  | (497) |  |  | (504) |  |
| Repurchase of common shares | (2,030) |  |  | (1,441) |  |  | (1,943) |  |
| Exercise of stock options | 1  |  |  | 3  |  |  | 3  |  |
| Borrowings of consolidated investment entities | 1,756  |  |  | 382  |  |  | —  |  |
| Repayments of debt by consolidated investment entities | (1,142) |  |  | (74) |  |  | (84) |  |
| Other, net | (14) |  |  | (10) |  |  | 1  |  |
| Net cash provided by (used in) financing activities | 1,723  |  |  | 952  |  |  | 1,214  |  |
| Effect of exchange rate changes on cash | (2) |  |  | 9  |  |  | 9  |  |
| Net increase (decrease) in cash and cash equivalents, including amounts restricted | 666  |  |  | 2,690  |  |  | 330  |  |
| Cash and cash equivalents, including amounts restricted at beginning of period | 8,903  |  |  | 6,213  |  |  | 5,883  |  |
| Cash and cash equivalents, including amounts restricted at end of period | $ | 9,569  |  |  | $ | 8,903  |  |  | $ | 6,213  |  |
|  |  |  |  |  |  |
| Supplemental Disclosures: |  |  |  |  |  |
| Interest paid excluding consolidated investment entities | $ | 113  |  |  | $ | 168  |  |  | $ | 272  |  |
| Interest paid by consolidated investment entities | 90  |  |  | 55  |  |  | 84  |  |
| Income taxes paid, net | 986  |  |  | 236  |  |  | 609  |  |
| Leased assets obtained in exchange for finance lease liabilities | 4  |  |  | —  |  |  | 13  |  |
| Leased assets obtained in exchange for operating lease liabilities | 109  |  |  | 76  |  |  | 41  |  |
| Non-cash investing activities: |  |  |  |  |  |
|     Partnership commitments not yet remitted | —  |  |  | —  |  |  | 4  |  |
| Investments transferred in connection with fixed annuity reinsurance transaction | 7,513  |  |  | —  |  |  | 1,265  |  |
|  Exchange of an investment that resulted in a realized gain and an increase to amortized cost | 17  |  |  | —  |  |  | —  |  |
|  |  | December 31, |
|  | 2021 |  | 2020 |
|  | (in millions) |
| Reconciliation of cash and cash equivalents, including amounts restricted: |  |  |  |
| Cash and cash equivalents | $ | 7,127  |  |  | $ | 6,751  |  |
| Cash of consolidated investment entities | 121  |  |  | 94  |  |
| Restricted and segregated cash, cash equivalents and investments | 2,795  |  |  | 2,558  |  |
| Less: Restricted and segregated investments | (474) |  |  | (500) |  |
| Total cash and cash equivalents, including amounts restricted per consolidated statements of cash flows | $ | 9,569  |  |  | $ | 8,903  |  |

See Notes to Consolidated Financial Statements.        75
