XML 60 R48.htm IDEA: XBRL DOCUMENT v3.20.2
Outstanding Insurance Exposure - Puerto Rico Net Par Outstanding (Details) - USD ($)
$ in Millions
3 Months Ended
Jun. 29, 2020
Jun. 26, 2020
Jun. 30, 2020
Dec. 31, 2019
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     $ 231,959 $ 236,807
Insured Financial Obligations, Net Par Exposures Reassumed     118  
PRHTA (Transportation revenue) [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Certified fiscal plan, commonwealth debt service, period   5 years    
PREPA [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Certified fiscal plan, commonwealth debt service, period 5 years      
PRASA (Puerto Rico Aqueduct and Sewer Authority) [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Certified fiscal plan, commonwealth debt service, period 5 years      
Puerto Rico [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     4,388 4,270
Constitutionally Guaranteed [Member] | Puerto Rico [Member] | Commonwealth of Puerto Rico [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     1,253 1,253
Constitutionally Guaranteed [Member] | Puerto Rico [Member] | Puerto Rico Public Buildings Authority [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     140 140
Public Corporations, Certain Revenue Potentially Subject to Clawback [Member] | Puerto Rico [Member] | PRHTA (Transportation revenue) [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     842 811
Public Corporations, Certain Revenue Potentially Subject to Clawback [Member] | Puerto Rico [Member] | PRHTA (Highway revenue) [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     515 454
Public Corporations, Certain Revenue Potentially Subject to Clawback [Member] | Puerto Rico [Member] | PRCCDA (Puerto Rico Convention Center District Authority) [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     152 152
Public Corporations, Certain Revenue Potentially Subject to Clawback [Member] | Puerto Rico [Member] | PRIFA [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     16 16
Other Public Corporations [Member] | Puerto Rico [Member] | PREPA [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     825 822
Other Public Corporations [Member] | Puerto Rico [Member] | PRASA (Puerto Rico Aqueduct and Sewer Authority) [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     373 373
Other Public Corporations [Member] | Puerto Rico [Member] | MFA [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     271 248
Other Public Corporations [Member] | Puerto Rico [Member] | University of Puerto Rico [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     1 $ 1
Vintage General Obligation Bonds [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     669  
Insured Financial Obligations, Net Principal Claims Paid     383  
Insured Financial Obligations, Net Interest Claims Paid, Amount     $ 165  
Insured Financial Obligations, Base Recovery As Percent of Pre-Petition Claims     74.90%  
General Obligation Bonds, 2011, Series D, E and PIB [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     $ 5  
Insured Financial Obligations, Net Principal Claims Paid     6  
Insured Financial Obligations, Net Interest Claims Paid, Amount     $ 1  
Insured Financial Obligations, Base Recovery As Percent of Pre-Petition Claims     73.80%  
General Obligation Bonds, 2011, Series C [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     $ 210  
Insured Financial Obligations, Net Principal Claims Paid     0  
Insured Financial Obligations, Net Interest Claims Paid, Amount     $ 48  
Insured Financial Obligations, Base Recovery As Percent of Pre-Petition Claims     70.40%  
General Obligation Bonds, 2012 [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     $ 369  
Insured Financial Obligations, Net Principal Claims Paid     0  
Insured Financial Obligations, Net Interest Claims Paid, Amount     $ 72  
Insured Financial Obligations, Base Recovery As Percent of Pre-Petition Claims     69.90%  
General Obligation Bonds, 2014 [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     $ 0  
Insured Financial Obligations, Net Principal Claims Paid     0  
Insured Financial Obligations, Net Interest Claims Paid, Amount     $ 0  
Insured Financial Obligations, Base Recovery As Percent of Pre-Petition Claims     65.40%  
Vintage Public Buildings Authority Bonds [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     $ 140  
Insured Financial Obligations, Net Principal Claims Paid     32  
Insured Financial Obligations, Net Interest Claims Paid, Amount     $ 27  
Insured Financial Obligations, Base Recovery As Percent of Pre-Petition Claims     77.60%  
Public Buildings Authority Bonds, 2011 [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     $ 0  
Insured Financial Obligations, Net Principal Claims Paid     0  
Insured Financial Obligations, Net Interest Claims Paid, Amount     $ 0  
Insured Financial Obligations, Base Recovery As Percent of Pre-Petition Claims     76.80%  
Public Buildings Authority Bonds, 2012 [Member]        
Schedule of Insured Financial Obligations [Line Items]        
Total net exposure     $ 0  
Insured Financial Obligations, Net Principal Claims Paid     0  
Insured Financial Obligations, Net Interest Claims Paid, Amount     $ 0  
Insured Financial Obligations, Base Recovery As Percent of Pre-Petition Claims     72.20%