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Financial Guaranty Contracts Accounted for as Credit Derivatives - CDS Spread and Components of Credit Derivative Assets (Liabilities) (Details) - USD ($)
$ in Millions
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Credit Derivatives            
Fair value of credit derivatives before effect of AGC and AGM credit spreads $ (2,236)   $ (2,029)      
Plus: Effect of AGC and AGM credit spreads 1,310   1,134      
Net fair value of credit derivatives [2] $ (926) [1]   $ (895)      
Credit Risk Contract, 5 Year Spread [Member] | AGC [Member]            
Credit Derivatives            
Quoted price of CDS contract (as a percent) 3.90% 3.17% 3.23% 3.27% 2.91% 4.60%
Credit Risk Contract, 5 Year Spread [Member] | AGM [Member]            
Credit Derivatives            
Quoted price of CDS contract (as a percent) 4.10% 3.41% 3.25% 3.46% 3.05% 5.25%
Credit Risk Contract, 1 Year Spread [Member] | AGC [Member]            
Credit Derivatives            
Quoted price of CDS contract (as a percent) 1.20% 0.60% 0.80% 0.85% 0.55% 1.85%
Credit Risk Contract, 1 Year Spread [Member] | AGM [Member]            
Credit Derivatives            
Quoted price of CDS contract (as a percent) 1.25% 0.80% 0.85% 1.15% 0.70% 2.20%
Radian [Member]            
Credit Derivatives            
Net fair value of credit derivatives $ 190          
[1] Includes the effects of spreads on both the underlying asset classes and the Company’s own credit spread.
[2] June 30, 2015 amount includes $190 million of net fair value loss of credit derivatives acquired from Radian Asset.