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Fair Value Measurement (Details 3) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Obligations of state and political subdivisions
       
Fair Value Level 3 Rollforward        
Balance at the beginning of the period $ 10   $ 10  
Total pretax realized and unrealized gains/(losses) recorded in        
Net Income (loss) 0 [1],[2]   0 [1],[2]  
Other comprehensive income (loss) 0 [1]   1 [1]  
Purchases 1   1  
Settlements 0   (1)  
FG VIE Consolidations 0   0  
Balance at the end of the period 11   11  
Total pre-tax realized/unrealized gains/(losses) recorded in        
Change in unrealized gains/(losses) related to financial instruments held at the reporting date 0   1  
RMBS
       
Fair Value Level 3 Rollforward        
Balance at the beginning of the period 167 88 134 100
Total pretax realized and unrealized gains/(losses) recorded in        
Net Income (loss) 4 [1],[2] 6 [1],[2] 9 [1],[2] (25) [1],[2]
Other comprehensive income (loss) 13 [1] (37) [1] 6 [1] (85) [1]
Purchases 42 43 97 195
Sales   (8)   (29)
Settlements (17) 0 (37) 0
FG VIE Consolidations 0 0 0 (64)
Balance at the end of the period 209 92 209 92
Total pre-tax realized/unrealized gains/(losses) recorded in        
Change in unrealized gains/(losses) related to financial instruments held at the reporting date 10 (37) 2 (85)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3   0   0
Asset-backed securities
       
Fair Value Level 3 Rollforward        
Balance at the beginning of the period 274 274 235 210
Total pretax realized and unrealized gains/(losses) recorded in        
Net Income (loss) 6 [1],[2] (8) [1],[2] 20 [1],[2] (4) [1],[2]
Other comprehensive income (loss) 20 [1] (15) [1] 8 [1] (2) [1]
Purchases 1 0 41 47
Sales   (1)   (1)
Settlements (2) 0 (5) 0
FG VIE Consolidations 0 0 0 0
Balance at the end of the period 299 250 299 250
Total pre-tax realized/unrealized gains/(losses) recorded in        
Change in unrealized gains/(losses) related to financial instruments held at the reporting date 20 (15) 8 (2)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3   0   0
Other invested assets
       
Fair Value Level 3 Rollforward        
Balance at the beginning of the period 1 2 2 2
Total pretax realized and unrealized gains/(losses) recorded in        
Net Income (loss) 0 [1] 0 [1] 0 [1] 0 [1]
Other comprehensive income (loss) 0 [1] 0 [1] (1) [1] 0 [1]
Purchases 0 0 0 0
Sales   0   0
Settlements 0 0 0 0
FG VIE Consolidations 0 0 0 0
Balance at the end of the period 1 2 1 2
Total pre-tax realized/unrealized gains/(losses) recorded in        
Change in unrealized gains/(losses) related to financial instruments held at the reporting date 0 0 (1) 0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3   0   0
FG VIEs' assets, at fair value
       
Fair Value Level 3 Rollforward        
Balance at the beginning of the period 2,726 3,492 2,819 3,657
Total pretax realized and unrealized gains/(losses) recorded in        
Net Income (loss) 91 [1],[3] (313) [1],[3] 269 [1],[3] (290) [1],[3]
Other comprehensive income (loss) 0 [1] 0 [1] 0 [1] 0 [1]
Purchases 0 0 0 0
Sales   0   0
Settlements (124) (174) (410) (644)
FG VIE Consolidations 0 0 15 282
Balance at the end of the period 2,693 3,005 2,693 3,005
Total pre-tax realized/unrealized gains/(losses) recorded in        
Change in unrealized gains/(losses) related to financial instruments held at the reporting date 165 (181) 468 (158)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3   0   0
Other assets
       
Fair Value Level 3 Rollforward        
Balance at the beginning of the period 44 0 54 0
Total pretax realized and unrealized gains/(losses) recorded in        
Net Income (loss) (2) [1],[4] 2 [1],[4] (12) [1],[4] 2 [1],[4]
Other comprehensive income (loss) 0 [1] 0 [1] 0 [1] 0 [1]
Purchases 0 0 0 0
Sales   0   0
Settlements 0 0 0 0
FG VIE Consolidations 0 0 0 0
Balance at the end of the period 42 22 42 22
Total pre-tax realized/unrealized gains/(losses) recorded in        
Change in unrealized gains/(losses) related to financial instruments held at the reporting date (2) 2 (12) 2
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3   20   20
Credit Derivative, Asset, Liability Net [Member]
       
Fair Value Level 3 Rollforward        
Balance at the beginning of the period (1,666) [5] (2,188) [5] (1,304) [5] (1,870)
Total pretax realized and unrealized gains/(losses) recorded in        
Net Income (loss) (36) [1],[5],[6] 1,156 [1],[5],[6] (466) [1],[5],[6] 855 [1],[5],[6]
Other comprehensive income (loss) 0 [1],[5] 0 [1] 0 [1],[5] 0 [1],[5]
Purchases 0 [5] 0 0 [5] 0
Sales   0   0 [5]
Settlements 1 [5] 4 [5] 69 [5] (13) [5]
FG VIE Consolidations 0 [5] 0 0 [5] 0
Balance at the end of the period (1,701) [5] (1,028) [5] (1,701) [5] (1,028) [5]
Total pre-tax realized/unrealized gains/(losses) recorded in        
Change in unrealized gains/(losses) related to financial instruments held at the reporting date (39) [5] 1,159 [5] (391) [5] 848 [5]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3   0   0
Financial Guaranty Variable Interest Liabilities with Recourse [Member]
       
Fair Value Level 3 Rollforward        
Balance at the beginning of the period (2,239) (2,849) (2,397) (3,031)
Total pretax realized and unrealized gains/(losses) recorded in        
Net Income (loss) (76) [1],[3] 97 [1],[3] (212) [1],[3] 101 [1],[3]
Other comprehensive income (loss) 0 [1] 0 [1] 0 [1] 0
Purchases 0 0 0 0
Sales   0   0
Settlements 146 176 461 626
FG VIE Consolidations 0 0 (21) (272)
Balance at the end of the period (2,169) (2,576) (2,169) (2,576)
Total pre-tax realized/unrealized gains/(losses) recorded in        
Change in unrealized gains/(losses) related to financial instruments held at the reporting date (55) 98 (180) 101
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3   0   0
FG VIEs' liabilities without recourse, at fair value
       
Fair Value Level 3 Rollforward        
Balance at the beginning of the period (1,042) (1,283) (1,061) (1,337)
Total pretax realized and unrealized gains/(losses) recorded in        
Net Income (loss) (19) [1],[3] 89 (112) [1],[3] 40 [1],[3]
Other comprehensive income (loss) 0 [1] 0 [1] 0 [1] 0 [1]
Purchases 0 0 0 0
Sales   0   0
Settlements 43 61 155 227
FG VIE Consolidations 0 0 0 (63)
Balance at the end of the period (1,018) (1,133) (1,018) (1,133)
Total pre-tax realized/unrealized gains/(losses) recorded in        
Change in unrealized gains/(losses) related to financial instruments held at the reporting date (58) 60 (213) 11
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3   $ 0   $ 0
[1] Realized and unrealized gains (losses) from changes in values of Level 3 financial instruments represent gains (losses) from changes in values of those financial instruments only for the periods in which the instruments were classified as Level 3.
[2] Included in net realized investment gains (losses) and net investment income.
[3] Included in fair value gains (losses) on FG VIEs.
[4] Recorded in fair value gain (loss) on committed capital securities.
[5] Represents net position of credit derivatives. The consolidated balance sheet presents gross assets and liabilities based on net counterparty exposure.
[6] Reported in net change in fair value of credit derivatives.