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Outstanding Exposure - Below-Investment-Grade Net Par Outstanding and Number of Risks (Details) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
risk
Dec. 31, 2012
Financial guarantee obligations    
% of Total Net Par Outstanding 100.00%  
Net Par Outstanding, Credit Derivative $ 54,482 $ 70,781
Net Par Outstanding (excluding loss mitigation bonds) 459,107 [1] 518,772 [1]
Number of Risks 14,050  
Prime first lien
   
Financial guarantee obligations    
Net Par Outstanding, Credit Derivative 264 333
Net Par Outstanding (excluding loss mitigation bonds) 541 641
Alt-A first lien
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 3,590 4,469
Option ARM
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 937 1,450
Subprime
   
Financial guarantee obligations    
Net Par Outstanding, Credit Derivative 2,930 3,494
Net Par Outstanding (excluding loss mitigation bonds) 6,130 7,048
Closed-end second lien
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 244 348
HELOCs
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 2,279 3,079
U.S. RMBS
   
Financial guarantee obligations    
Net Par Outstanding, Credit Derivative 5,826 7,257
Net Par Outstanding (excluding loss mitigation bonds) 13,721 17,035
TruPS
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 4,970 5,694
Other structured finance
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 54,237 70,574
U.S. Public Finance
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 352,181 [1] 387,929 [1]
Non-U.S. public finance
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 33,998 [1] 37,540 [1]
BIG 1
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 14,751 10,820
BIG 1 | Prime first lien
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 52 28
BIG 1 | Alt-A first lien
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 656 753
BIG 1 | Option ARM
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 71 333
BIG 1 | Subprime
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 297 152
BIG 1 | Closed-end second lien
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 8 97
BIG 1 | HELOCs
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 1,499 644
BIG 1 | U.S. RMBS
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 2,583 2,007
BIG 1 | TruPS
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 1,587 1,920
BIG 1 | Other structured finance
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 1,367 1,310
BIG 1 | U.S. Public Finance
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 8,205 3,290
BIG 1 | Non-U.S. public finance
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 1,009 2,293
BIG 2
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 3,949 4,617
BIG 2 | Prime first lien
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 321 436
BIG 2 | Alt-A first lien
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 1,137 1,962
BIG 2 | Option ARM
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 60 392
BIG 2 | Subprime
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 908 988
BIG 2 | Closed-end second lien
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 20 76
BIG 2 | HELOCs
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 20 0
BIG 2 | U.S. RMBS
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 2,466 3,854
BIG 2 | TruPS
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 135 0
BIG 2 | Other structured finance
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 309 263
BIG 2 | U.S. Public Finance
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 440 500
BIG 2 | Non-U.S. public finance
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 599 0
BIG 3
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 3,838 6,860
BIG 3 | Prime first lien
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 30 11
BIG 3 | Alt-A first lien
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 935 739
BIG 3 | Option ARM
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 467 317
BIG 3 | Subprime
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 740 921
BIG 3 | Closed-end second lien
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 118 58
BIG 3 | HELOCs
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 378 1,932
BIG 3 | U.S. RMBS
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 2,668 3,978
BIG 3 | TruPS
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 0 953
BIG 3 | Other structured finance
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 721 1,154
BIG 3 | U.S. Public Finance
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 449 775
BIG 3 | Non-U.S. public finance
   
Financial guarantee obligations    
Net Par Outstanding (excluding loss mitigation bonds) 0 0
BIG
   
Financial guarantee obligations    
% of Total Net Par Outstanding 4.90% 4.30%
Net Par Outstanding, Financial Guaranty Insurance 17,745 [2] 15,588 [2]
Net Par Outstanding, Credit Derivative 4,793 6,709
Net Par Outstanding (excluding loss mitigation bonds) 22,538 [1] 22,297 [1]
Number of Risks, Financial Guaranty Insurance 384 [2],[3] 370 [2],[3]
Number of Risks, Credit Derivative 73 [3] 89 [3]
Number of Risks 457 [3] 459 [3]
BIG | Prime first lien
   
Financial guarantee obligations    
% of Total Net Par Outstanding 0.10% 0.10%
Net Par Outstanding (excluding loss mitigation bonds) 403 475
BIG | Alt-A first lien
   
Financial guarantee obligations    
% of Total Net Par Outstanding 0.60% 0.70%
Net Par Outstanding (excluding loss mitigation bonds) 2,728 3,454
BIG | Option ARM
   
Financial guarantee obligations    
% of Total Net Par Outstanding 0.10% 0.20%
Net Par Outstanding (excluding loss mitigation bonds) 598 1,042
BIG | Subprime
   
Financial guarantee obligations    
% of Total Net Par Outstanding 0.40% 0.40%
Net Par Outstanding (excluding loss mitigation bonds) 1,945 2,061
BIG | Closed-end second lien
   
Financial guarantee obligations    
% of Total Net Par Outstanding 0.00% 0.00%
Net Par Outstanding (excluding loss mitigation bonds) 146 231
BIG | HELOCs
   
Financial guarantee obligations    
% of Total Net Par Outstanding 0.40% 0.50%
Net Par Outstanding (excluding loss mitigation bonds) 1,897 2,576
BIG | U.S. RMBS
   
Financial guarantee obligations    
% of Total Net Par Outstanding 1.60% 1.90%
Net Par Outstanding (excluding loss mitigation bonds) 7,717 9,839
BIG | TruPS
   
Financial guarantee obligations    
% of Total Net Par Outstanding 0.40% 0.60%
Net Par Outstanding (excluding loss mitigation bonds) 1,722 2,873
BIG | Other structured finance
   
Financial guarantee obligations    
% of Total Net Par Outstanding 0.50% 0.50%
Net Par Outstanding (excluding loss mitigation bonds) 2,397 2,727
BIG | U.S. Public Finance
   
Financial guarantee obligations    
% of Total Net Par Outstanding 2.00% 0.90%
Net Par Outstanding (excluding loss mitigation bonds) 9,094 [1] 4,565 [1]
BIG | Non-U.S. public finance
   
Financial guarantee obligations    
% of Total Net Par Outstanding 0.40% 0.40%
Net Par Outstanding (excluding loss mitigation bonds) 1,608 [1] 2,293 [1]
BIG | BIG 1
   
Financial guarantee obligations    
Net Par Outstanding, Financial Guaranty Insurance 12,391 [2] 7,929 [2]
Net Par Outstanding, Credit Derivative 2,360 2,891
Net Par Outstanding (excluding loss mitigation bonds) 14,751 10,820
Number of Risks, Financial Guaranty Insurance 185 [2],[3] 163 [2],[3]
Number of Risks, Credit Derivative 25 [3] 33 [3]
Number of Risks 210 [3] 196 [3]
BIG | BIG 2
   
Financial guarantee obligations    
Net Par Outstanding, Financial Guaranty Insurance 2,323 [2] 2,116 [2]
Net Par Outstanding, Credit Derivative 1,626 2,501
Net Par Outstanding (excluding loss mitigation bonds) 3,949 4,617
Number of Risks, Financial Guaranty Insurance 80 [2],[3] 76 [2],[3]
Number of Risks, Credit Derivative 21 [3] 27 [3]
Number of Risks 101 [3] 103 [3]
BIG | BIG 3
   
Financial guarantee obligations    
Net Par Outstanding, Financial Guaranty Insurance 3,031 [2] 5,543 [2]
Net Par Outstanding, Credit Derivative 807 1,317
Net Par Outstanding (excluding loss mitigation bonds) $ 3,838 $ 6,860
Number of Risks, Financial Guaranty Insurance 119 [2],[3] 131 [2],[3]
Number of Risks, Credit Derivative 27 [3] 29 [3]
Number of Risks 146 [3] 160 [3]
[1] In the third quarter of 2013, the Company adjusted its approach to assigning internal ratings. See "Refinement of Approach to Internal Credit Ratings and Surveillance Categories" above. This approach is reflected in the "Financial Guaranty Portfolio by Internal Rating" tables as of both December 31, 2013 and December 31, 2012.
[2] Includes net par outstanding for FG VIEs.
[3] A risk represents the aggregate of the financial guaranty policies that share the same revenue source for purposes of making Debt Service payments.