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Fair Value Measurement (Details 5) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Assets:    
Short-term investments $ 564 $ 734
Other invested assets 205 223
Credit Risk Derivative Assets, at Fair Value 450 469
FG VIEs' assets, at fair value 2,693 2,819
Liabilities:    
Credit Risk Derivative Liabilities, at Fair Value 2,151 1,773
FG VIEs' liabilities with recourse, at fair value 2,169 2,397
FG VIEs' liabilities without recourse, at fair value 1,018 1,061
Carrying Amount
   
Assets:    
Fixed maturity securities 10,318 10,142
Short-term investments 564 734
Other invested assets 165 170
Credit Risk Derivative Assets, at Fair Value 450 469
FG VIEs' assets, at fair value 2,693 2,819
Other assets 183 186
Liabilities:    
Financial guaranty insurance contracts 4,102 [1] 4,657 [1]
Long-term debt 840 [2] 1,038 [2]
Credit Risk Derivative Liabilities, at Fair Value 2,151 1,773
FG VIEs' liabilities with recourse, at fair value 2,169 2,397
FG VIEs' liabilities without recourse, at fair value 1,018 1,061
Other liabilities 64 16
Estimated Fair Value
   
Assets:    
Fixed maturity securities 10,318 10,142
Short-term investments 564 734
Other invested assets 176 182
Credit Risk Derivative Assets, at Fair Value 450 469
FG VIEs' assets, at fair value 2,693 2,819
Other assets 183 186
Liabilities:    
Financial guaranty insurance contracts 6,929 [1] 4,313 [1]
Long-term debt 1,058 [2] 1,186 [2]
Credit Risk Derivative Liabilities, at Fair Value 2,151 1,773
FG VIEs' liabilities with recourse, at fair value 2,169 2,397
FG VIEs' liabilities without recourse, at fair value 1,018 1,061
Other liabilities $ 64 $ 16
[1] Carrying amount includes the balance sheet amounts related to financial guaranty insurance contract premiums and losses, net of reinsurance.
[2] Carrying amount represented principal less accumulated discount or plus accumulated premium.