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Fair Value Measurement - Fair Value of Financial Instruments (Details) - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Assets:    
Fixed-maturity securities $ 11,168 $ 10,823
Short-term investments 689 590
Other invested assets 173 162
Credit derivative assets 9 13
Liabilities:    
Credit derivative liabilities 359 402
Carrying Amount [Member]    
Assets:    
Fixed-maturity securities 10,479 10,233
Short-term investments 689 590
Other invested assets 149 146
Credit derivative assets 9 13
FG VIEs’ assets, at fair value 781 876
Other assets 213 205
Liabilities:    
Financial guaranty insurance contracts 3,537 3,483
Long-term debt 1,307 1,306
Credit derivative liabilities 359 402
FG VIEs’ liabilities with recourse, at fair value 721 807
FG VIEs’ liabilities without recourse, at fair value 134 151
Other liabilities 151 12
Estimated Fair Value [Member]    
Assets:    
Fixed-maturity securities 10,479 10,233
Short-term investments 689 590
Other invested assets 151 147
Credit derivative assets 9 13
FG VIEs’ assets, at fair value 781 876
Other assets 213 205
Liabilities:    
Financial guaranty insurance contracts 8,363 8,738
Long-term debt 1,606 1,546
Credit derivative liabilities 359 402
FG VIEs’ liabilities with recourse, at fair value 721 807
FG VIEs’ liabilities without recourse, at fair value 134 151
Other liabilities $ 151 $ 12