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Outstanding Exposure (Details 4) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Dec. 31, 2012
Financial guarantee obligations    
Minimum Amount Assumed Principal Amount for Internal Rating $ 1  
Probability of paying more claims than being reimbursed (as a percent) 50.00%  
Constant discount rate (as a percent) 5.00%  
Maximum period of liquidity claims (in years) 1 year  
Net Par Amount Outstanding 501,817 519,893
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 65,900 70,781
Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 7,879 9,254
Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 5,913 5,107
Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 8,562 9,031
Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 22,354 23,392
% of Total Net Par Outstanding 4.50% 4.50%
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 16,048 [1] 16,683 [1]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 6,306 6,709
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 372 [1],[2] 371 [1],[2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 85 [2] 89 [2]
Insured Financial Obligations Number of Contracts 457 [2] 460 [2]
Below investment grade (BIG) | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 7,879 9,254
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 6,148 [1] 7,049 [1]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 1,731 2,205
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 143 [1],[2] 153 [1],[2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 30 30 [2]
Insured Financial Obligations Number of Contracts 173 [2] 183 [2]
Below investment grade (BIG) | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 5,913 5,107
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 3,289 [1] 2,606 [1]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 2,624 2,501
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 82 [1],[2] 76 [1],[2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 26 27 [2]
Insured Financial Obligations Number of Contracts 108 [2] 103 [2]
Below investment grade (BIG) | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 8,562 9,031
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 6,611 [1] 7,028 [1]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 1,951 2,003
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 147 [1],[2] 142 [1],[2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 29 32 [2]
Insured Financial Obligations Number of Contracts 176 [2] 174 [2]
Prime first lien
   
Financial guarantee obligations    
Net Par Amount Outstanding 619 641
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 318 333
Prime first lien | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 27 28
Prime first lien | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 422 436
Prime first lien | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 10 11
Prime first lien | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 459 475
% of Total Net Par Outstanding 0.10% 0.10%
Alt-A first lien
   
Financial guarantee obligations    
Net Par Amount Outstanding 4,439 4,589
Alt-A first lien | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 98 109
Alt-A first lien | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,937 1,987
Alt-A first lien | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,430 1,479
Alt-A first lien | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 3,465 3,575
% of Total Net Par Outstanding 0.70% 0.70%
Option ARM
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,387 1,550
Option ARM | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 65 61
Option ARM | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 339 392
Option ARM | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 362 643
Option ARM | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 766 1,096
% of Total Net Par Outstanding 0.20% 0.20%
First mortgage, subprime
   
Financial guarantee obligations    
Net Par Amount Outstanding 7,130 7,330
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 3,360 3,494
First mortgage, subprime | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 162 152
First mortgage, subprime | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,219 1,161
First mortgage, subprime | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,006 1,024
First mortgage, subprime | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 2,387 2,337
% of Total Net Par Outstanding 0.50% 0.40%
Close ended second lien
   
Financial guarantee obligations    
Net Par Amount Outstanding 452 521
Close ended second lien | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 0 0
Close ended second lien | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 61 247
Close ended second lien | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 279 157
Close ended second lien | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 340 404
% of Total Net Par Outstanding 0.10% 0.10%
HELOCs
   
Financial guarantee obligations    
Net Par Amount Outstanding 3,059 3,196
HELOCs | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 72 91
HELOCs | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 12 0
HELOCs | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 2,526 2,627
HELOCs | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 2,610 2,718
% of Total Net Par Outstanding 0.50% 0.50%
U.S. RMBS
   
Financial guarantee obligations    
Net Par Amount Outstanding 17,086 17,827
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 6,984 7,257
U.S. RMBS | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 424 441
U.S. RMBS | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 3,990 4,223
U.S. RMBS | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 5,613 5,941
U.S. RMBS | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 10,027 10,605
% of Total Net Par Outstanding 2.10% 2.00%
TruPS
   
Financial guarantee obligations    
Net Par Amount Outstanding 5,496 5,693
TruPS | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,873 1,920
TruPS | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 0 0
TruPS | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 941 952
TruPS | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 2,814 2,872
% of Total Net Par Outstanding 0.50% 0.60%
Other Structured Finance [Member]
   
Financial guarantee obligations    
Net Par Amount Outstanding 65,712 70,866
Other Structured Finance [Member] | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,240 1,310
Other Structured Finance [Member] | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 379 384
Other Structured Finance [Member] | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,298 1,325
Other Structured Finance [Member] | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 2,917 3,019
% of Total Net Par Outstanding 0.60% 0.60%
US Public Finance
   
Financial guarantee obligations    
Net Par Amount Outstanding 378,456 387,967
US Public Finance | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 3,359 3,290
US Public Finance | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 520 500
US Public Finance | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 710 813
US Public Finance | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 4,589 4,603
% of Total Net Par Outstanding 0.90% 0.90%
Public finance Non-U.S.
   
Financial guarantee obligations    
Net Par Amount Outstanding 35,067 37,540
Public finance Non-U.S. | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 983 2,293
Public finance Non-U.S. | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,024 0
Public finance Non-U.S. | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 0 0
Public finance Non-U.S. | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding $ 2,007 $ 2,293
% of Total Net Par Outstanding 0.40% 0.40%
[1] Includes net par outstanding for FG VIEs.
[2] A risk represents the aggregate of the financial guaranty policies that share the same revenue source for purposes of making Debt Service payments.