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Outstanding Exposure - Amortization Schedule of Puerto Rico BIG Net Par Outstanding and BIG Net Debt Service Outstanding (Details) - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Estimated BIG Net Par Amortization [Abstract]    
Net Par Outstanding (excluding loss mitigation bonds) $ 390,384 [1],[2] $ 403,729 [3]
Estimated BIG Net Debt Service Amortization [Abstract]    
Total 584,428 609,622
Puerto Rico [Member]    
Estimated BIG Net Par Amortization [Abstract]    
2015 (July 1 - September 30) 338  
2015 (October 1 - December 31) 33  
2016 302  
2017 222  
2018 179  
2019 204  
2020 270  
2021 126  
2022 115  
2023 151  
2024 174  
2025-2029 1,014  
2030-2034 980  
2035-2039 712  
2040-2044 364  
2045-2047 246  
Net Par Outstanding (excluding loss mitigation bonds) 5,430 [4],[5] 4,939
Estimated BIG Net Debt Service Amortization [Abstract]    
2015 (July 1 - September 30) 474  
2015 (October 1 - December 31) 37  
2016 561  
2017 464  
2018 410  
2019 424  
2020 482  
2021 324  
2022 305  
2023 337  
2024 352  
2025-2029 1,755  
2030-2034 1,499  
2035-2039 949  
2040-2044 467  
2045-2047 272  
Total 9,112  
BIG [Member]    
Estimated BIG Net Par Amortization [Abstract]    
Net Par Outstanding (excluding loss mitigation bonds) 20,404 [2] 18,247
Subject to the Terms of the Recovery Act [Member] | Puerto Rico [Member]    
Estimated BIG Net Par Amortization [Abstract]    
2015 (July 1 - September 30) 131  
2015 (October 1 - December 31) 0  
2016 98  
2017 51  
2018 56  
2019 74  
2020 87  
2021 66  
2022 47  
2023 110  
2024 89  
2025-2029 619  
2030-2034 505  
2035-2039 429  
2040-2044 97  
2045-2047 246  
Net Par Outstanding (excluding loss mitigation bonds) 2,705 [4],[5] 2,447
Estimated BIG Net Debt Service Amortization [Abstract]    
2015 (July 1 - September 30) 198  
2015 (October 1 - December 31) 2  
2016 229  
2017 175  
2018 178  
2019 192  
2020 202  
2021 177  
2022 153  
2023 214  
2024 187  
2025-2029 1,032  
2030-2034 787  
2035-2039 567  
2040-2044 171  
2045-2047 272  
Total 4,736  
Not Subject to the Terms of the Recovery Act [Member] | Puerto Rico [Member]    
Estimated BIG Net Par Amortization [Abstract]    
2015 (July 1 - September 30) 207  
2015 (October 1 - December 31) 33  
2016 204  
2017 171  
2018 123  
2019 130  
2020 183  
2021 60  
2022 68  
2023 41  
2024 85  
2025-2029 395  
2030-2034 475  
2035-2039 283  
2040-2044 267  
2045-2047 0  
Net Par Outstanding (excluding loss mitigation bonds) 2,725 [4],[5] $ 2,492
Estimated BIG Net Debt Service Amortization [Abstract]    
2015 (July 1 - September 30) 276  
2015 (October 1 - December 31) 35  
2016 332  
2017 289  
2018 232  
2019 232  
2020 280  
2021 147  
2022 152  
2023 123  
2024 165  
2025-2029 723  
2030-2034 712  
2035-2039 382  
2040-2044 296  
2045-2047 0  
Total $ 4,376  
[1] Excludes $1.2 billion of loss mitigation securities insured and held by the Company as of June 30, 2015, which are primarily in the BIG category.
[2] amounts include $13.1 billion of net par acquired from Radian Asset.
[3] Excludes $1.3 billion of loss mitigation securities insured and held by the Company as of December 31, 2014, which are primarily in the BIG category.
[4] In July 2015, various Puerto Rico issuers made payment on $293 million of par scheduled to be paid; of that amount, $74 million and $31 million of par was paid by PREPA and PRHTA, respectively.
[5] In Second Quarter 2015, the Company's Puerto Rico exposures increased due to (1) the Radian Asset Acquisition, which increased net par outstanding by $422 million, of which $22 million was for PREPA and $169 million for PRHTA, and (2) a commutation of previously ceded Puerto Rico exposures.