XML 48 R32.htm IDEA: XBRL DOCUMENT v3.20.2
Special Purpose Entities, Including Variable Interest Entities - Additional Information (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
USD ($)
Entity
Sep. 30, 2019
USD ($)
Sep. 30, 2020
USD ($)
Entity
Sep. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
Entity
Variable Interest Entities [Line Items]          
Variable Interest Entity Change in Fair Value of Assets and Liabilities $ (1) $ 2 $ (3) $ 7  
Realized Investment Gains (Losses) 2 18 20 71  
Other Operating Income (Expense), Net 2 141 2 133  
Fair value of special purpose entities 2   2   $ 3
Gain (loss) from consolidating FG VIEs 0 0 0 15  
Variable Interest Entity Deconsolidation Gain Loss 0 (2) 0 (2)  
Variable Interest Entity, Measure of Activity, Income or Loss before Tax 0 11 3 30  
Long-term debt 2,737   2,737   2,822
Equity Method Investments 49   $ 49   46
Asset-Backed Securities and Utility Obligations [Member]          
Variable Interest Entities [Line Items]          
Weighted average life     4 months 24 days    
Average rating of assets held by sponsored special purpose entities     BBB+    
Sponsored Variable Interest Entities [Member]          
Variable Interest Entities [Line Items]          
Total principal amount of debt outstanding $ 392   $ 392   $ 403
Consolidated Entities [Member]          
Variable Interest Entities [Line Items]          
Number Of Consolidated Variable Interest Entities | Entity 6   6   7
Variable Interest Entity, Primary Beneficiary [Member]          
Variable Interest Entities [Line Items]          
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Reclassification Adjustment from AOCI for Derecognition, before Tax $ 0 0 $ (2) 0  
VIE Change in FV of Assets Liabilities, Net of Credit Risk Change 0 2 (5) 6  
Interest Expense, Long-term Debt (1) (3) (5) (9)  
Other Operating Income (Expense), Net 0 $ 0 0 (1)  
Long-term debt $ 4,169   $ 4,169   $ 4,554
Consolidated Variable Interest Entities [Member]          
Variable Interest Entities [Line Items]          
Number of DeConsolidated Variable Interest Entities 0 1 1    
Ambac UK [Member] | Consolidated Entities [Member]          
Variable Interest Entities [Line Items]          
Number Of Consolidated Variable Interest Entities | Entity 5   5   6
Ambac UK [Member] | Variable Interest Entity, Primary Beneficiary [Member]          
Variable Interest Entities [Line Items]          
Long-term debt $ 4,002   $ 4,002   $ 4,351
Ambac Assurance [Member]          
Variable Interest Entities [Line Items]          
Carry Value Secured Notes from LSNI 470   470   535
Fixed Income Investments [Member] | Variable Interest Entity, Primary Beneficiary [Member]          
Variable Interest Entities [Line Items]          
Gross Investment Income, Operating 2 $ 3 5 8  
Realized Investment Gains (Losses) 0 $ 12 8 $ 13  
Ambac Note Post Exit From Rehabilitation [Member] | Ambac Assurance Corporation [Member]          
Variable Interest Entities [Line Items]          
Long-term debt $ 1,648   $ 1,648   $ 1,763