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Income Taxes - Components of Net Deferred Tax Assets (Details) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Deferred tax assets:    
Unrealized losses on credit derivative financial instruments, net $ 224us-gaap_DeferredTaxAssetsDerivativeInstruments $ 402us-gaap_DeferredTaxAssetsDerivativeInstruments
Unearned premium reserves, net 63us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedPremiumsReserve 63us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedPremiumsReserve
Loss and LAE reserve 66us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves 134us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
Tax and loss bonds 39ago_DeferredTaxAssetsTaxAndLossBonds 33ago_DeferredTaxAssetsTaxAndLossBonds
Alternative minimum tax credit 57us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax 90us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
Foreign tax credit 0us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign 37us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign
FG VIEs 13ago_DeferredTaxAssetsVariableInterestEntities 29ago_DeferredTaxAssetsVariableInterestEntities
DAC 35ago_DeferredTaxAssetsDeferredPolicyAcquisitionCost 40ago_DeferredTaxAssetsDeferredPolicyAcquisitionCost
Investment basis difference 104us-gaap_DeferredTaxAssetsInvestments 93us-gaap_DeferredTaxAssetsInvestments
Deferred compensation 38us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation 33us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
Other 19us-gaap_DeferredTaxAssetsOther 21us-gaap_DeferredTaxAssetsOther
Total deferred income tax assets 658us-gaap_DeferredTaxAssetsGross 975us-gaap_DeferredTaxAssetsGross
Deferred tax liabilities:    
Contingency reserves 64ago_DeferredTaxLiabilitiesContingencyReserves 47ago_DeferredTaxLiabilitiesContingencyReserves
Public debt 96us-gaap_DeferredTaxLiabilitiesFinancingArrangements 98us-gaap_DeferredTaxLiabilitiesFinancingArrangements
Unrealized appreciation on investments 159ago_DeferredTaxLiabilitiesUnrealizedGainsOnInvestments 68ago_DeferredTaxLiabilitiesUnrealizedGainsOnInvestments
Unrealized gains on CCS 22ago_DeferredTaxLiabilitiesUnrealizedGainsOnCommittedCapitalSecurities 16ago_DeferredTaxLiabilitiesUnrealizedGainsOnCommittedCapitalSecurities
Market discount 36ago_DeferredTaxLiabilitiesMarketDiscount 24ago_DeferredTaxLiabilitiesMarketDiscount
Other 21us-gaap_DeferredTaxLiabilitiesOther 34us-gaap_DeferredTaxLiabilitiesOther
Total deferred income tax liabilities 398us-gaap_DeferredIncomeTaxLiabilities 287us-gaap_DeferredIncomeTaxLiabilities
Net deferred income tax asset $ 260us-gaap_DeferredTaxAssetsLiabilitiesNet $ 688us-gaap_DeferredTaxAssetsLiabilitiesNet