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Financial Guaranty Contracts Accounted for as Credit Derivatives - Net Fair Value and Expected Losses of Credit Derivatives by Sector (Details) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Credit Derivatives    
Net fair value of credit derivatives $ (434) [1] $ (365)
Expected Loss to be (Paid) Recovered (9) (16)
Pooled corporate obligations [Member]    
Credit Derivatives    
Net fair value of credit derivatives (131) (82)
Expected Loss to be (Paid) Recovered (4) (5)
RMBS [Member] | United States [Member]    
Credit Derivatives    
Net fair value of credit derivatives (113) (98)
Expected Loss to be (Paid) Recovered (33) (38)
CMBS [Member]    
Credit Derivatives    
Net fair value of credit derivatives 0 0
Expected Loss to be (Paid) Recovered 0 0
Other [Member]    
Credit Derivatives    
Net fair value of credit derivatives (190) (185)
Expected Loss to be (Paid) Recovered $ 28 $ 27
[1] Includes the effects of spreads on both the underlying asset classes and the Company’s own credit spread.