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Financial Guaranty Contracts Accounted for as Credit Derivatives (Details 2) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Distribution of Credit Derivative Net Par Outstanding        
Premiums Receivable, at Carrying Value $ 1,005 [1] $ 1,003 [1] $ 1,168 [1] $ 1,418
Premium written, net 211 245 347  
Net Par Outstanding 70,781 85,047    
Percentage of total 100.00% 100.00%    
Original Subordination (as a percent) 0.00% [2]      
Current Subordination (as a percent) 0.00% [2] 0.00% [2]    
Net unrealized gains (losses) (477) 554 (155)  
Financial Guarantee Insurance Contracts, Premium Receivable, Premium Payments Received 294 318 487  
U.S. RMBS
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 7,257 8,532    
Original Subordination (as a percent) 24.20% [2],[3] 24.10% [2]    
Current Subordination (as a percent) 30.40% [2],[3] 32.20% [2]    
Net unrealized gains (losses) (551) 381 (301)  
U.S. RMBS | 2004 and Prior
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 124      
Original Subordination (as a percent) 6.40% [3]      
Current Subordination (as a percent) 19.20% [3]      
Net unrealized gains (losses) 3      
U.S. RMBS | 2005
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 2,036      
Original Subordination (as a percent) 31.20% [3]      
Current Subordination (as a percent) 66.30% [3]      
Net unrealized gains (losses) 12      
U.S. RMBS | Vintage 2006 [Member]
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 1,572      
Original Subordination (as a percent) 29.40% [3]      
Current Subordination (as a percent) 34.50% [3]      
Net unrealized gains (losses) (63)      
U.S. RMBS | Vintage 2007 [Member]
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 3,525      
Original Subordination (as a percent) 18.50% [3]      
Current Subordination (as a percent) 8.20% [3]      
Net unrealized gains (losses) (503)      
CMBS
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 4,094 4,612    
Original Subordination (as a percent) 33.30% [2] 32.60% [2]    
Current Subordination (as a percent) 41.80% [2] 38.90% [2]    
Net unrealized gains (losses) 2 11 10  
Super senior
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 18,908 21,802    
Percentage of total 26.70% 25.60%    
AAA
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 32,010 40,240    
Percentage of total 45.20% 47.30%    
AA
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 3,083 4,342    
Percentage of total 4.40% 5.10%    
A
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 5,487 5,830    
Percentage of total 7.80% 6.90%    
BBB
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 4,584 5,030    
Percentage of total 6.40% 5.90%    
Below investment grade (BIG)
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding $ 6,709 $ 7,803    
Percentage of total 9.50% 9.20%    
[1] 2)Excludes $29 million, $28 million and $23 million as of December 31, 2012 , 2011 and 2010, respectively, related to consolidated FG VIEs.
[2] Represents the sum of subordinate tranches and over-collateralization and does not include any benefit from excess interest collections that may be used to absorb losses.
[3] Represents the sum of subordinate tranches and overcollateralization and does not include any benefit from excess interest collections that may be used to absorb losses.