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Long-Term Debt (Details) - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Jan. 19, 2021
Aug. 03, 2018
Feb. 12, 2018
May 01, 2013
Debt Instrument [Line Items]                
Tier 2 Note Security in RMBS Litigation Settlement Proceeds             $ 1,600  
Long-term debt   $ 2,739 $ 2,822          
One Time Interest Payment on Surplus Notes             14  
Junior surplus note of Ambac Assurance Segregated Account               $ 350
AMPS Exchange Total Surplus Notes Issued           $ 213    
Net realized gains (losses) on extinguishment of debt   0 0 $ 3        
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months   531            
Long-term Debt, Maturities, Repayments of Principal in Year Two   0            
Long-term Debt, Maturities, Repayments of Principal in Year Three   1,641            
Long-term Debt, Maturities, Repayments of Principal in Year Four   0            
Long-term Debt, Maturities, Repayments of Principal in Year Five   0            
Paydown of Ambac Note   121 178 $ 214        
Long-term Debt, Maturities, Repayments of Principal after Year Five   $ 712            
Ambac Note Post Exit From Rehabilitation [Member]                
Debt Instrument [Line Items]                
Debt Instrument, Interest Rate, Effective Percentage   7.60%            
Paydown of Ambac Note   $ (121) (178)          
Tier 2 Notes [Member]                
Debt Instrument [Line Items]                
Debt Instrument, Interest Rate, Stated Percentage   8.50%            
Debt Instrument, Interest Rate, Effective Percentage   9.90%            
Debt Instrument, Face Amount   $ 306            
Paid-in-Kind Interest   $ 66 41          
5.1% Surplus Notes, General Account, Due 2020 [Member]                
Debt Instrument [Line Items]                
Debt Instrument, Interest Rate, Effective Percentage   10.10%            
5.1% Junior Surplus Notes, Segregated Account Due 2020 [Member]                
Debt Instrument [Line Items]                
Debt Instrument, Interest Rate, Effective Percentage   19.50%            
One State Street [Member] | 5.1% Junior Surplus Notes, Segregated Account Due 2020 [Member]                
Debt Instrument [Line Items]                
Debt Instrument, Face Amount   $ 15 15          
Debt Instrument Principal Amount Subject To Repurchase   0            
Extinguishment of Debt, Amount $ 2 $ 0            
Variable Interest Entity, Not Primary Beneficiary, Aggregated Disclosure [Member] | 5.1% Junior Surplus Notes, Segregated Account Due 2020 [Member]                
Debt Instrument [Line Items]                
Debt Instrument, Interest Rate, Effective Percentage   8.40%            
Ambac Assurance Corporation [Member]                
Debt Instrument [Line Items]                
Long-term debt   $ 2,739 2,822          
Long-term Debt, Gross   2,884 2,980          
Debt Instrument, Unamortized Discount (Premium), Net   (145) (159)          
Ambac Assurance Corporation [Member] | 5.1% Junior Surplus Notes, General Account Due 2020 [Member]                
Debt Instrument [Line Items]                
Long-term debt   247 252          
Long-term Debt, Gross   365 365          
Debt Instrument, Unamortized Discount (Premium), Net   (118) (113)          
Ambac Assurance Corporation [Member] | Ambac Note Post Exit From Rehabilitation [Member]                
Debt Instrument [Line Items]                
Long-term debt   1,641 1,763          
Long-term Debt, Gross   1,641 1,763          
Debt Instrument, Unamortized Discount (Premium), Net   0 0          
Ambac Assurance Corporation [Member] | Tier 2 Notes [Member]                
Debt Instrument [Line Items]                
Long-term debt   306 278          
Long-term Debt, Gross   306 281          
Debt Instrument, Unamortized Discount (Premium), Net   0 (4)          
Ambac Assurance Corporation [Member] | 5.1% Surplus Notes, General Account, Due 2020 [Member]                
Debt Instrument [Line Items]                
Long-term debt   531 517          
Long-term Debt, Gross   531 531          
Debt Instrument, Unamortized Discount (Premium), Net   $ 0 (14)          
Ambac Assurance Corporation [Member] | 5.1% Surplus Notes, General Account, Due 2020 [Member] | Corolla Notes                
Debt Instrument [Line Items]                
Long-term Debt Issued in Exchange Transaction         $ 267      
Ambac Assurance Corporation [Member] | 5.1% Surplus Notes, General Account, Due 2020 [Member] | Corolla Notes and Lease Reducing                
Debt Instrument [Line Items]                
Long-term Debt Issued in Exchange Transaction         $ 279      
Ambac UK [Member] | Secured Debt [Member]                
Debt Instrument [Line Items]                
Debt Instrument, Interest Rate, Stated Percentage   0.00%            
Long-term debt   $ 14 13          
Long-term Debt, Gross   41 41          
Debt Instrument, Unamortized Discount (Premium), Net   $ (27) $ (28)          
Debt Instrument, Interest Rate, Effective Percentage   7.40%            
5.1% Junior Surplus Notes Due 2020 [Member] | Ambac Assurance Corporation [Member]                
Debt Instrument [Line Items]                
Debt Instrument, Interest Rate, Stated Percentage   5.10% 5.10%          
5.1 % Surplus Notes Due 2020 [Member] | Ambac Assurance Corporation [Member]                
Debt Instrument [Line Items]                
Debt Instrument, Interest Rate, Stated Percentage   5.10% 5.10%          
5.1 % Surplus Notes Due 2020 [Member] | Ambac Assurance Corporation [Member] | Corolla Notes                
Debt Instrument [Line Items]                
Debt Instrument, Interest Rate, Stated Percentage         5.10%      
Consolidated Variable Interest Entities [Member]                
Debt Instrument [Line Items]                
Unpaid Principal Amount Of Fixed Rate Debt Accounted For Under Fair Value Option   $ 3,927 $ 3,990          
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months   0            
Long-term Debt, Maturities, Repayments of Principal in Year Two   0            
Long-term Debt, Maturities, Repayments of Principal in Year Three   0            
Long-term Debt, Maturities, Repayments of Principal in Year Four   0            
Long-term Debt, Maturities, Repayments of Principal in Year Five   83            
Long-term Debt, Maturities, Repayments of Principal after Year Five   $ 3,844            
Consolidated Variable Interest Entities [Member] | Minimum [Member]                
Debt Instrument [Line Items]                
Debt Instrument, Interest Rate, Effective Percentage   0.00% 0.00%          
Consolidated Variable Interest Entities [Member] | Maximum [Member]                
Debt Instrument [Line Items]                
Debt Instrument, Interest Rate, Effective Percentage   7.93% 7.93%          
London Interbank Offered Rate (LIBOR) [Member]                
Debt Instrument [Line Items]                
Interest Rate on Ambac Note Post Exit From Rehabilitation   5.00%            
London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]                
Debt Instrument [Line Items]                
Interest Rate on Ambac Note Post Exit From Rehabilitation   1.00%            
Ambac [Member]                
Debt Instrument [Line Items]                
One Time Interest Payment on Surplus Notes             $ 3  
Long-term Debt [Member]                
Debt Instrument [Line Items]                
Gain Contingency, Unrecorded Amount   $ 1,400