Background and Business Description Reorganization Costs (Tables)

12 Months Ended

Dec. 31, 2022

Reorganizations [Abstract]

RMBS Litigation Settlement Impact on Consolidated Results

The total gain recognized in net income attributable to common stockholders related to entering into the BOA Settlement Agreement and the Nomura Settlement Agreement, including the redemption of the Sitka AAC Note following the BOA Settlement, was as follows:

	Third Quarter		Fourth Quarter		Full Year 2022
Losses and loss benefit (1)	$	319	$	43	$	362
Litigation recoveries	—		126		126
Net realized gains (losses) on extinguishment of debt	—		(53)		(53)
Net investment gains (losses), including impairments	—		5		5
Impact to net income attributable to common stockholders	$	319	$	121	$	440

(1)    Full year 2022 losses and loss benefit relating to R&W recoveries were $123.