Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Investments:
Fixed-maturity securities, available-for-sale, at fair value, net of allowance for credit loss of $42 and $78 (amortized cost of $7,822 and $8,204)	$ 8,202	$ 8,773
Short-term investments, at fair value	1,225	851
Other invested assets (includes $31 and $106, at fair value)	181	214
Total investments	9,608	9,838
Cash	120	162
Premiums receivable, net of commissions payable	1,372	1,372
Deferred acquisition costs	131	119
Salvage and subrogation recoverable	801	991
Financial guaranty variable interest entities’ assets, at fair value	260	296
Assets of consolidated investment vehicles (includes $4,902 and $1,727, at fair value)	5,271	1,913
Goodwill and other intangible assets	175	203
Other assets (includes $132 and $145, at fair value)	470	440
Total assets	18,208	15,334
Liabilities
Unearned premium reserve	3,716	3,735
Loss and loss adjustment expense reserve	869	1,088
Long-term debt	1,673	1,224
Credit derivative liabilities, at fair value	156	103
Financial guaranty variable interest entities’ liabilities, at fair value (with recourse $269 and $316, without recourse $20 and $17)	289	333
Liabilities of consolidated investment vehicles (includes $3,849 and $1,299, at fair value)	4,436	1,590
Other liabilities	569	556
Total liabilities	11,708	8,629
Commitments and contingencies (Note 19)
Redeemable noncontrolling interests (Note 9)	22	21
Common shares ($0.01 par value, 500,000,000 shares authorized; 67,518,424 and 77,546,896 shares issued and outstanding)	1	1
Retained earnings	5,990	6,143
Accumulated other comprehensive income, net of tax of $60 and $89	300	498
Deferred equity compensation	1	1
Total shareholders’ equity attributable to Assured Guaranty Ltd.	6,292	6,643
Nonredeemable noncontrolling interests (Note 9)	186	41
Total shareholders’ equity	6,478	6,684
Total liabilities, redeemable noncontrolling interests and shareholders’ equity	$ 18,208	$ 15,334