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Financial Guaranty Insurance - BIG Transaction Loss Summary (Details)
$ in Millions
12 Months Ended
Dec. 31, 2015
USD ($)
risk
Dec. 31, 2014
USD ($)
risk
Discount    
Total $ (286)  
Reserves (salvage)    
Total $ 872 $ 567
BIG [Member]    
Number of risks    
Total (in contracts) | risk [1] 419 358
Remaining weighted average contract period    
Total (in years) 10 years 8 months 4 days 10 years 3 months 18 days
Principal    
Total $ 13,574 $ 15,222
Interest    
Total 7,419 7,651
Total net outstanding exposure    
Total [2] 20,993 22,873
Expected cash outflows (inflows)    
Total 2,510 3,118
Potential recoveries    
Total, Undiscounted R&W (54) (239)
Total, Other [3] (931) (1,477)
Total (985) (1,716)
Subtotal    
Total 1,525 1,402
Discount    
Total (286) (413)
Present value of expected cash flows    
Net expected loss to be paid 1,239 989
Deferred premium revenue    
Total 734 584
Reserves (salvage)    
Total $ 857 $ 571
BIG [Member] | Consolidated Entity Excluding Variable Interest Entities (VIE) [Member]    
Number of risks    
Total (in contracts) | risk [1] 419 358
Remaining weighted average contract period    
Total (in years) 10 years 8 months 4 days 10 years 3 months 18 days
Principal    
Total $ 13,574 $ 15,222
Interest    
Total 7,419 7,651
Total net outstanding exposure    
Total [2] 20,993 22,873
Expected cash outflows (inflows)    
Total 2,853 3,463
Potential recoveries    
Total, Undiscounted R&W (61) (247)
Total, Other [3] (1,106) (1,654)
Total (1,167) (1,901)
Subtotal    
Total 1,686 1,562
Discount    
Total (327) (447)
Present value of expected cash flows    
Net expected loss to be paid 1,359 1,115
Deferred premium revenue    
Total 834 700
Reserves (salvage)    
Total $ 931 $ 650
BIG [Member] | Consolidated Entity Excluding Variable Interest Entities (VIE) [Member] | BIG 1 [Member]    
Number of risks    
Ceded (in contracts) | risk [1] (46) (59)
Total (in contracts) | risk [1] 202 164
Remaining weighted average contract period    
Gross (in years) 10 years 9 years 10 months 24 days
Ceded (in years) 8 years 8 months 4 days 7 years 4 months 24 days
Principal    
Gross $ 7,751 $ 12,358
Ceded (732) (2,163)
Interest    
Gross 4,109 6,350
Ceded (354) (838)
Total net outstanding exposure    
Gross [2] 11,860 18,708
Ceded [2] (1,086) (3,001)
Expected cash outflows (inflows)    
Gross 386 1,762
Ceded (42) (626)
Total 105 39
Potential recoveries    
Gross, Undiscounted R&W 69 (39)
Ceded, Undiscounted R&W (2) 0
Gross, Other [3] (441) (1,687)
Ceded, Other [3] 14 608
Gross (372) (1,726)
Ceded 12 608
Subtotal    
Gross 14 36
Ceded (30) (18)
Discount    
Gross 91 3
Ceded 3 0
Present value of expected cash flows    
Ceded (27) (18)
Deferred premium revenue    
Gross 371 378
Ceded (37) (70)
Reserves (salvage)    
Gross 2 (42)
Ceded $ (19) $ (5)
BIG [Member] | Consolidated Entity Excluding Variable Interest Entities (VIE) [Member] | BIG 2 [Member]    
Number of risks    
Ceded (in contracts) | risk [1] (13) (15)
Total (in contracts) | risk [1] 85 75
Remaining weighted average contract period    
Gross (in years) 13 years 9 months 6 days 10 years 1 month 6 days
Ceded (in years) 9 years 6 months 8 years 10 months 24 days
Principal    
Gross $ 3,895 $ 2,421
Ceded (240) (286)
Interest    
Gross 2,805 1,274
Ceded (110) (121)
Total net outstanding exposure    
Gross [2] 6,700 3,695
Ceded [2] (350) (407)
Expected cash outflows (inflows)    
Gross 1,158 763
Ceded (60) (77)
Total 705 392
Potential recoveries    
Gross, Undiscounted R&W (49) (48)
Ceded, Undiscounted R&W 1 2
Gross, Other [3] (118) (206)
Ceded, Other [3] 7 5
Gross (167) (254)
Ceded 8 7
Subtotal    
Gross 991 509
Ceded (52) (70)
Discount    
Gross (286) (117)
Ceded 12 11
Present value of expected cash flows    
Ceded (40) (59)
Deferred premium revenue    
Gross 150 119
Ceded (4) (6)
Reserves (salvage)    
Gross 591 278
Ceded $ (38) $ (53)
BIG [Member] | Consolidated Entity Excluding Variable Interest Entities (VIE) [Member] | BIG 3 [Member]    
Number of risks    
Ceded (in contracts) | risk [1] (44) (38)
Total (in contracts) | risk [1] 132 119
Remaining weighted average contract period    
Gross (in years) 7 years 8 months 4 days 9 years 7 months 6 days
Ceded (in years) 5 years 10 months 8 days 6 years 10 months 24 days
Principal    
Gross $ 3,087 $ 3,067
Ceded (187) (175)
Interest    
Gross 1,011 1,034
Ceded (42) (48)
Total net outstanding exposure    
Gross [2] 4,098 4,101
Ceded [2] (229) (223)
Expected cash outflows (inflows)    
Gross 1,464 1,716
Ceded (53) (75)
Total 734 788
Potential recoveries    
Gross, Undiscounted R&W (85) (171)
Ceded, Undiscounted R&W 5 9
Gross, Other [3] (587) (404)
Ceded, Other [3] 19 30
Gross (672) (575)
Ceded 24 39
Subtotal    
Gross 792 1,141
Ceded (29) (36)
Discount    
Gross (58) (353)
Ceded (89) 9
Present value of expected cash flows    
Ceded (118) (27)
Deferred premium revenue    
Gross 386 312
Ceded (32) (33)
Reserves (salvage)    
Gross 404 482
Ceded (9) (10)
BIG [Member] | Variable Interest Entity, Primary Beneficiary [Member]    
Expected cash outflows (inflows)    
Total (343) (345)
Potential recoveries    
Total, Undiscounted R&W 7 8
Total, Other [3] 175 177
Total 182 185
Subtotal    
Total (161) (160)
Discount    
Total 41 34
Present value of expected cash flows    
Net expected loss to be paid (120) (126)
Deferred premium revenue    
Total (100) (116)
Reserves (salvage)    
Total $ (74) $ (79)
[1] A risk represents the aggregate of the financial guaranty policies that share the same revenue source for purposes of making Debt Service payments. The ceded number of risks represents the number of risks for which the Company ceded a portion of its exposure.
[2] Includes BIG amounts related to FG VIEs.
[3] Includes excess spread and draws on HELOCs.