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Financial Guaranty Contracts Accounted for as Credit Derivatives (Details 4) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2012
Credit Derivatives      
Net unrealized gains (losses) $ (610) $ (634)  
Net fair value of credit derivatives (2,393)   (1,793)
Present Value of Expected Claim Payments Recoveries (286) [1]   (282) [1]
Present Value of Future Installment Fees Receivable 42   43
R and W Included in Credit Derivative Asset (Liability) 226   237
Pooled Corporate Obligations [Member]
     
Credit Derivatives      
Net unrealized gains (losses) (105) 5  
Net fair value of credit derivatives (101)   6
Present Value of Expected Claim Payments Recoveries (13) [1]   (16) [1]
CLOs/CBOs
     
Credit Derivatives      
Net unrealized gains (losses) (54) 7  
Net fair value of credit derivatives (52)   3
Present Value of Expected Claim Payments Recoveries 0 [1]   0 [1]
Synthetic investment grade pooled corporate
     
Credit Derivatives      
Net unrealized gains (losses) 2 2  
Net fair value of credit derivatives (3)   (5)
Present Value of Expected Claim Payments Recoveries 0 [1]   0 [1]
Synthetic high yield pooled corporate
     
Credit Derivatives      
Net unrealized gains (losses) (1) 11  
Net fair value of credit derivatives 2   3
Present Value of Expected Claim Payments Recoveries 0 [1]   0 [1]
Trust Preferred Securities Collateralized Debt Obligations
     
Credit Derivatives      
Net unrealized gains (losses) (39) (14)  
Net fair value of credit derivatives (37)   3
Present Value of Expected Claim Payments Recoveries (13) [1]   (16) [1]
Market value collateralized debt obligations of corporate obligations
     
Credit Derivatives      
Net unrealized gains (losses) (13) (1)  
Net fair value of credit derivatives (11)   2
Present Value of Expected Claim Payments Recoveries 0 [1]   0 [1]
U.S. RMBS
     
Credit Derivatives      
Net unrealized gains (losses) (457) (629)  
Net fair value of credit derivatives (1,693)   (1,237)
Present Value of Expected Claim Payments Recoveries (182) [1]   (181) [1]
Option ARM and Alt-A first lien
     
Credit Derivatives      
Net unrealized gains (losses) (295) (518)  
Net fair value of credit derivatives (1,394)   (1,076)
Present Value of Expected Claim Payments Recoveries (109) [1]   (121) [1]
Subprime first lien
     
Credit Derivatives      
Net unrealized gains (losses) (79) (26)  
Net fair value of credit derivatives (109)   (52)
Present Value of Expected Claim Payments Recoveries (77) [1]   (70) [1]
Prime first lien
     
Credit Derivatives      
Net unrealized gains (losses) (83) (86)  
Net fair value of credit derivatives (179)   (99)
Present Value of Expected Claim Payments Recoveries (6) [1]   0 [1]
Closed end second lien and HELOCs
     
Credit Derivatives      
Net unrealized gains (losses) 0 1  
Net fair value of credit derivatives (11)   (10)
Present Value of Expected Claim Payments Recoveries 10 [1]   10 [1]
CMBS
     
Credit Derivatives      
Net unrealized gains (losses) (3) 0  
Net fair value of credit derivatives (5)   (2)
Present Value of Expected Claim Payments Recoveries 0 [1]   0 [1]
Other
     
Credit Derivatives      
Net unrealized gains (losses) (45) (10)  
Net fair value of credit derivatives (594)   (560)
Present Value of Expected Claim Payments Recoveries (91) [1]   (85) [1]
Other | Guaranteed Interest Rate Swaps
     
Credit Derivatives      
Net unrealized gains (losses) $ 20    
[1] Represents amount in excess of the present value of future installment fees to be received of $42 million as of March 31, 2013 and $43 million as of December 31, 2012. Includes R&W benefit of $226 million as of March 31, 2013 and $237 million as of December 31, 2012.