XML 121 R119.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Taxes - Effective Tax Rate Reconciliation and Pretax Income (Loss) and Revenue by Tax Jurisdiction (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Pre-tax Income Taxes and Revenue [Line Items]                      
Expected tax provision (benefit) at statutory rates in taxable jurisdictions                 $ 490us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate $ 390us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate $ 76us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
Tax-exempt interest                 (53)us-gaap_IncomeTaxReconciliationTaxExemptIncome (57)us-gaap_IncomeTaxReconciliationTaxExemptIncome (61)us-gaap_IncomeTaxReconciliationTaxExemptIncome
Change in liability for uncertain tax positions                 9us-gaap_IncomeTaxReconciliationTaxContingencies (2)us-gaap_IncomeTaxReconciliationTaxContingencies 2us-gaap_IncomeTaxReconciliationTaxContingencies
Other                 (3)us-gaap_IncomeTaxReconciliationOtherAdjustments 3us-gaap_IncomeTaxReconciliationOtherAdjustments 5us-gaap_IncomeTaxReconciliationOtherAdjustments
Total provision (benefit) for income taxes 224us-gaap_IncomeTaxExpenseBenefit 133us-gaap_IncomeTaxExpenseBenefit 59us-gaap_IncomeTaxExpenseBenefit 27us-gaap_IncomeTaxExpenseBenefit 140us-gaap_IncomeTaxExpenseBenefit 152us-gaap_IncomeTaxExpenseBenefit 110us-gaap_IncomeTaxExpenseBenefit (68)us-gaap_IncomeTaxExpenseBenefit 443us-gaap_IncomeTaxExpenseBenefit 334us-gaap_IncomeTaxExpenseBenefit 22us-gaap_IncomeTaxExpenseBenefit
Effective tax rate (as a percent)                 28.90%us-gaap_EffectiveIncomeTaxRateContinuingOperations 29.20%us-gaap_EffectiveIncomeTaxRateContinuingOperations 16.50%us-gaap_EffectiveIncomeTaxRateContinuingOperations
Income (loss) before provision for income taxes 756us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 488us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 218us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 69us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 489us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 536us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 329us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (212)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 1,531us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 1,142us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 132us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Revenue                 1,994us-gaap_Revenues 1,608us-gaap_Revenues 954us-gaap_Revenues
United States [Member]                      
Pre-tax Income Taxes and Revenue [Line Items]                      
Income (loss) before provision for income taxes                 1,420us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_US
1,118us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_US
218us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_US
Revenue                 1,633us-gaap_Revenues
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_US
1,389us-gaap_Revenues
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_US
875us-gaap_Revenues
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_US
Bermuda [Member]                      
Pre-tax Income Taxes and Revenue [Line Items]                      
Income (loss) before provision for income taxes                 142us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_BM
27us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_BM
(86)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_BM
Revenue                 365us-gaap_Revenues
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_BM
219us-gaap_Revenues
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_BM
79us-gaap_Revenues
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_BM
United Kingdom [Member]                      
Pre-tax Income Taxes and Revenue [Line Items]                      
Income (loss) before provision for income taxes                 (31)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_GB
(3)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_GB
0us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_GB
Revenue                 $ (4)us-gaap_Revenues
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_GB
$ 0us-gaap_Revenues
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_GB
$ 0us-gaap_Revenues
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_GB