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Outstanding Exposure - Financial Guaranty Exposures and Below-Investment-Grade Credits (Details) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Financial guarantee obligations    
Net Par Amount Outstanding $ 437,576 $ 459,107
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 46,787 54,482
Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 21,575 22,538
% of Total Net Par Outstanding 4.90% 4.90%
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 17,104 [1] 17,745 [1]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 4,471 4,793
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 381 [1],[2] 384 [1],[2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 74 [2] 73 [2]
Insured Financial Obligations Number of Contracts 455 [2] 457 [2]
Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 13,824 14,751
Category 1 | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 13,824 14,751
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 11,613 [1] 12,391 [1]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 2,211 2,360
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 184 [1],[2] 185 [1],[2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 29 [2] 25 [2]
Insured Financial Obligations Number of Contracts 213 [2] 210 [2]
Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 3,486 3,949
Category 2 | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 3,486 3,949
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 2,608 [1] 2,323 [1]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 878 1,626
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 84 [1],[2] 80 [1],[2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 18 [2] 21 [2]
Insured Financial Obligations Number of Contracts 102 [2] 101 [2]
Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 4,265 3,838
Category 3 | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 4,265 3,838
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 2,883 [1] 3,031 [1]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 1,382 807
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 113 [1],[2] 119 [1],[2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 27 [2] 27 [2]
Insured Financial Obligations Number of Contracts 140 [2] 146 [2]
Prime first lien
   
Financial guarantee obligations    
Net Par Amount Outstanding 509 541
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 246  
Prime first lien | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 381 403
% of Total Net Par Outstanding 0.10% 0.10%
Prime first lien | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 51 52
Prime first lien | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 301 321
Prime first lien | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 29 30
Alt-A first lien
   
Financial guarantee obligations    
Net Par Amount Outstanding 3,369 3,590
Alt-A first lien | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 2,621 2,728
% of Total Net Par Outstanding 0.60% 0.60%
Alt-A first lien | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 681 656
Alt-A first lien | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 729 1,137
Alt-A first lien | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,211 935
Option ARM
   
Financial guarantee obligations    
Net Par Amount Outstanding 833 937
Option ARM | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 548 598
% of Total Net Par Outstanding 0.10% 0.10%
Option ARM | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 95 71
Option ARM | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 20 60
Option ARM | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 433 467
Subprime
   
Financial guarantee obligations    
Net Par Amount Outstanding 5,736 6,130
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 2,716  
Subprime | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,824 1,945
% of Total Net Par Outstanding 0.40% 0.40%
Subprime | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 223 297
Subprime | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 829 908
Subprime | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 772 740
Close ended second lien
   
Financial guarantee obligations    
Net Par Amount Outstanding 232 244
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 21  
Close ended second lien | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 140 146
% of Total Net Par Outstanding 0.00% 0.00%
Close ended second lien | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 33 8
Close ended second lien | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 20 20
Close ended second lien | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 87 118
HELOCs
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,901 2,279
HELOCs | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,671 1,897
% of Total Net Par Outstanding 0.40% 0.40%
HELOCs | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,402 1,499
HELOCs | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 18 20
HELOCs | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 251 378
U.S. RMBS
   
Financial guarantee obligations    
Net Par Amount Outstanding 12,580 13,721
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 5,417  
U.S. RMBS | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 7,185 7,717
% of Total Net Par Outstanding 1.60% 1.60%
U.S. RMBS | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 2,485 2,583
U.S. RMBS | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,917 2,466
U.S. RMBS | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 2,783 2,668
TruPS
   
Financial guarantee obligations    
Net Par Amount Outstanding 4,724 4,970
TruPS | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,561 1,722
% of Total Net Par Outstanding 0.40% 0.40%
TruPS | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,217 1,587
TruPS | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 0 135
TruPS | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 344 0
Other structured finance
   
Financial guarantee obligations    
Net Par Amount Outstanding 45,908 54,237
Other structured finance | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 2,355 2,397
% of Total Net Par Outstanding 0.50% 0.50%
Other structured finance | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,341 1,367
Other structured finance | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 298 309
Other structured finance | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 716 721
Public Finance U.S.
   
Financial guarantee obligations    
Net Par Amount Outstanding 338,956 352,181
Public Finance U.S. | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 8,861 9,094
% of Total Net Par Outstanding 2.00% 2.00%
Public Finance U.S. | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 7,170 8,205
Public Finance U.S. | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,269 440
Public Finance U.S. | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 422 449
Public Finance Non-U.S.
   
Financial guarantee obligations    
Net Par Amount Outstanding 35,408 33,998
Public Finance Non-U.S. | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,613 1,608
% of Total Net Par Outstanding 0.40% 0.40%
Public Finance Non-U.S. | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,611 1,009
Public Finance Non-U.S. | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 2 599
Public Finance Non-U.S. | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding $ 0 $ 0
[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.