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Fair Value Measurement - Fair Value Level 3 Rollforward Recurring Basis (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
FG VIEs' liabilities with recourse, at fair value
       
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Fair value at beginning of period $ (1,366) $ (1,940) $ (1,790) $ (2,090)
Net income (loss) 7 28 (90) (135)
Other comprehensive income (loss) 0 0 0 0
Purchases 0 0 0 0
Settlements 33 84 332 274
FG VIE consolidations 0 0 (25) (12)
FG VIE deconsolidations 0 0 247 135
Fair value at end of period (1,326) (1,828) (1,326) (1,828)
Change in unrealized gains/(losses) related to financial instruments held 6 24 (46) (141)
FG VIEs' liabilities without recourse, at fair value
       
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Fair value at beginning of period (124) (1,134) (1,081) (1,051)
Net income (loss) (13) 35 (49) (157)
Other comprehensive income (loss) 0 0 0 0
Purchases 0 0 0 0
Settlements 4 36 16 135
FG VIE consolidations 0 0 (21) (37)
FG VIE deconsolidations 0 16 1,002 63
Fair value at end of period (133) (1,047) (133) (1,047)
Change in unrealized gains/(losses) related to financial instruments held (5) (20) (10) (246)
Credit Derivative, Asset, Liability Net
       
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Fair value at beginning of period (1,837) [1] (2,248) [1] (1,693) [1] (1,793) [1]
Net income (loss) 255 [1],[2],[3] 354 [1],[2],[3] 147 [1],[2],[3] (164) [1],[2],[3]
Other comprehensive income (loss) 0 [1],[2] 0 [1],[2] 0 [1],[2] 0 [1],[2]
Purchases 0 [1] 0 [1] 0 [1] 0 [1]
Settlements 14 [1] (27) [1] (22) [1] 36 [1]
FG VIE consolidations 0 0 0 0
FG VIE deconsolidations 0 0 0 0
Fair value at end of period (1,568) [1] (1,921) [1] (1,568) [1] (1,921) [1]
Change in unrealized gains/(losses) related to financial instruments held 98 [1] 331 [1] (47) [1] 14 [1]
Obligations of state and political subdivisions
       
Fair Value Level 3 Rollforward        
Fair value at beginning of period 38 36 36 35
Net Income (loss) 1 [2],[4] 0 [2],[4] 3 [2],[4] 1 [2],[4]
Other comprehensive income (loss) (1) [2] 6 [2] 0 [2] 7 [2]
Purchases 0 0 0 0
Settlements 0 (1) (1) (2)
FG VIE Consolidations 0 0 0 0
FG VIE deconsolidations 0 0 0 0
Fair value at end of period 38 41 38 41
Change in unrealized gains/(losses) related to financial instruments held (1) 5 0 7
Corporate securities
       
Fair Value Level 3 Rollforward        
Fair value at beginning of period 106 0 136 0
Net Income (loss) (14) [2],[4] 1 [2],[4] (18) [2],[4] 1 [2],[4]
Other comprehensive income (loss) 5 [2] 4 [2] (16) [2] 4 [2]
Purchases 0 130 0 130
Settlements 0 (3) (5) (3)
FG VIE Consolidations 0 0 0 0
FG VIE deconsolidations 0 0 0 0
Fair value at end of period 97 132 97 132
Change in unrealized gains/(losses) related to financial instruments held 5 4 (16) 4
RMBS
       
Fair Value Level 3 Rollforward        
Fair value at beginning of period 350 276 290 219
Net Income (loss) 6 [2],[4] 4 [2],[4] 16 [2],[4] 15 [2],[4]
Other comprehensive income (loss) 12 [2] 12 [2] 26 [2] 16 [2]
Purchases 159 9 212 79
Settlements (15) (14) (45) (42)
FG VIE Consolidations 0 0 0 0
FG VIE deconsolidations 0 0 13 0
Fair value at end of period 512 287 512 287
Change in unrealized gains/(losses) related to financial instruments held 12 12 25 16
Asset-backed securities
       
Fair Value Level 3 Rollforward        
Fair value at beginning of period 254 300 268 306
Net Income (loss) 3 [2],[4] 6 [2],[4] 13 [2],[4] 15 [2],[4]
Other comprehensive income (loss) 9 [2] (2) [2] 17 [2] (24) [2]
Purchases 0 38 0 49
Settlements 0 (2) (32) (6)
FG VIE Consolidations 0 0 0 0
FG VIE deconsolidations 0 0 0 0
Fair value at end of period 266 340 266 340
Change in unrealized gains/(losses) related to financial instruments held 9 (2) 16 (23)
Other invested assets
       
Fair Value Level 3 Rollforward        
Fair value at beginning of period 49 2 2 1
Net Income (loss) 0 [2],[4] 0 [2],[4] 0 [2],[4] (1) [2],[4]
Other comprehensive income (loss) 2 [2] 0 [2] 4 [2] 2 [2]
Purchases 25 0 70 0
Settlements 0 (2) 0 (2)
FG VIE Consolidations 0 0 0 0
FG VIE deconsolidations 0 0 0 0
Fair value at end of period 76 0 76 0
Change in unrealized gains/(losses) related to financial instruments held 2 0 4 2
FG VIEs' assets, at fair value
       
Fair Value Level 3 Rollforward        
Fair value at beginning of period 1,284 2,674 2,565 2,688
Net Income (loss) 43 [2],[4] (30) [2],[4] 160 [2],[4] 526 [2],[4]
Other comprehensive income (loss) 0 [2] 0 [2] 0 [2] 0 [2]
Purchases 0 0 0 0
Settlements (31) (113) (346) (553)
FG VIE Consolidations 0 0 46 48
FG VIE deconsolidations 0 (16) (1,129) (194)
Fair value at end of period 1,296 2,515 1,296 2,515
Change in unrealized gains/(losses) related to financial instruments held 55 20 120 450
Other assets
       
Fair Value Level 3 Rollforward        
Fair value at beginning of period 31 23 46 36
Net Income (loss) 4 [2],[4] 9 [2],[4] (11) [2],[4] (4) [2],[4]
Other comprehensive income (loss) 0 [2] 0 [2] 0 [2] 0 [2]
Purchases 0 0 0 0
Settlements 0 0 0 0
FG VIE Consolidations 0 0 0 0
FG VIE deconsolidations 0 0 0 0
Fair value at end of period 35 32 35 32
Change in unrealized gains/(losses) related to financial instruments held $ 4 $ 9 $ (11) $ (4)
[1] Represents net position of credit derivatives. The consolidated balance sheet presents gross assets and liabilities based on net counterparty exposure.
[2] Realized and unrealized gains (losses) from changes in values of Level 3 financial instruments represent gains (losses) from changes in values of those financial instruments only for the periods in which the instruments were classified as Level 3.
[3] Reported in net change in fair value of credit derivatives.
[4] Included in net realized investment gains (losses) and net investment income.