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Financial Guaranty Contracts Accounted for as Credit Derivatives (Details 2) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2012
Dec. 31, 2011
Distribution of Credit Derivative Net Par Outstanding        
Premiums Receivable, at Carrying Value $ 956 [1] $ 1,019 [1] $ 1,005 $ 1,003
Premium written, net 17 56    
Net Par Outstanding 65,900   70,781  
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) (610) (634)    
Financial Guarantee Insurance Contracts, Premium Receivable, Premium Payments Received 53 86    
U.S. RMBS
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 6,984   7,257  
Original Subordination (as a percent) 24.20% [2],[3]   24.20% [2]  
Current Subordination (as a percent) 30.20% [2],[3]   30.40% [2]  
Net unrealized gains (losses) (457) (629)    
U.S. RMBS | 2004 and Prior
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 119      
Original Subordination (as a percent) 5.80% [3]      
Current Subordination (as a percent) 17.00% [3]      
Net unrealized gains (losses) (1)      
U.S. RMBS | 2005
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 1,909      
Original Subordination (as a percent) 31.40% [3]      
Current Subordination (as a percent) 67.30% [3]      
Net unrealized gains (losses) 1      
U.S. RMBS | Vintage 2006 [Member]
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 1,558      
Original Subordination (as a percent) 29.40% [3]      
Current Subordination (as a percent) 34.20% [3]      
Net unrealized gains (losses) (64)      
U.S. RMBS | Vintage 2007 [Member]
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 3,398      
Original Subordination (as a percent) 18.40% [3]      
Current Subordination (as a percent) 8.10% [3]      
Net unrealized gains (losses) (393)      
CMBS
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 3,983   4,094  
Original Subordination (as a percent) 33.30% [2]   33.30% [2]  
Current Subordination (as a percent) 42.00% [2]   41.80% [2]  
Net unrealized gains (losses) (3) 0    
Super senior
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 18,184   18,908  
Percentage of total 27.60%   26.70%  
AAA
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 29,699   32,010  
Percentage of total 45.10%   45.20%  
AA
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 3,784   3,083  
Percentage of total 5.70%   4.40%  
A
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 3,316   5,487  
Percentage of total 5.00%   7.80%  
BBB
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding 4,611   4,584  
Percentage of total 7.00%   6.40%  
Below investment grade (BIG)
       
Distribution of Credit Derivative Net Par Outstanding        
Net Par Outstanding $ 6,306   $ 6,709  
Percentage of total 9.60%   9.50%  
[1] )Excludes $28 million and $33 million as of March 31, 2013 and March 31, 2012, 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.