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Contracts Accounted for as Credit Derivatives - Credit Derivatives Subordination and Ratings (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2024
Dec. 31, 2023
Credit Derivatives    
Estimated remaining weighted average life of credit derivatives (in years) 10 years 10 months 24 days 11 years 1 month 6 days
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 3,421 $ 3,608
Net Fair Value Asset (Liability) (39) (50)
Expected loss to be recovered 1 2
Public finance | United States    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 1,077 1,149
Net Fair Value Asset (Liability) (14) (15)
Public finance | Non United States    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 1,507 1,522
Net Fair Value Asset (Liability) (19) (20)
Structured finance | United States    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 223 322
Net Fair Value Asset (Liability) (5) (13)
Structured finance | Non United States    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 614 615
Net Fair Value Asset (Liability) $ (1) $ (2)