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Financial Guaranty Contracts Accounted for as Credit Derivatives - Net Change in Fair Value of Credit Derivatives Gains (Losses) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Credit Derivatives        
Realized gains on credit derivatives $ 18 $ 15 $ 28 $ 38
Net credit derivative losses (paid and payable) recovered and recoverable and other settlements 6 (7) 4 (9)
Realized gains (losses) and other settlements 24 8 32 29
Net unrealized gains (losses):        
Net change in unrealized gains (losses) on credit derivatives 39 82 (29) 185
Net change in fair value of credit derivatives 63 90 3 214
Pooled corporate obligations [Member]        
Net unrealized gains (losses):        
Net change in unrealized gains (losses) on credit derivatives 8 7 (40) 24
CMBS [Member]        
Net unrealized gains (losses):        
Net change in unrealized gains (losses) on credit derivatives 0 4 0 4
Other [Member]        
Net unrealized gains (losses):        
Net change in unrealized gains (losses) on credit derivatives 4 9 (1) 20
United States [Member] | RMBS [Member]        
Net unrealized gains (losses):        
Net change in unrealized gains (losses) on credit derivatives 27 62 12 137
Credit Risk Contract [Member]        
Net unrealized gains (losses):        
Net change in unrealized gains (losses) on credit derivatives 59 0 70 (1)
Net change in fair value of credit derivatives 8 2 8 13
Net par of terminated credit derivative contracts $ 2,436 $ 471 $ 2,436 $ 564