XML 132 R121.htm IDEA: XBRL DOCUMENT v3.8.0.1
Subsidiary Information - Condensed Consolidating Statement of Cash Flows (Details) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Dec. 31, 2015
Condensed Cash Flow Statements, Captions [Line Items]        
Net cash flows provided by (used in) operating activities $ 354 $ (189)    
Fixed-maturity securities:        
Purchases (1,615) (1,028)    
Sales 1,128 877    
Maturities 689 861    
Net sales (purchases) of short-term investments (240) 80    
Net proceeds from financial guaranty variable entities’ assets 117 590    
Investment in subsidiary 0 0    
Acquisition of CIFG, net of cash acquired 0 (435)    
Proceeds from sale of subsidiary 0      
Payment to acquire business 95      
Other 58 (12)    
Net cash flows provided by (used in) investing activities 232 933    
Cash flows from financing activities        
Proceeds from Contributed Capital 0      
Return of capital 0 0    
Dividends paid (53) (52)    
Repurchases of common stock (431) (190)    
Repurchases of common stock to pay withholding taxes (13) (2)    
Net paydowns of financial guaranty variable interest entities’ liabilities (124) (567)    
Repayment/ extinguishment of long-term debt (29) (2)    
Proceeds from option exercises 5 6    
Net cash flows provided by (used in) financing activities (645) (807)    
Effect of foreign exchange rate changes 4 (4)    
Increase (decrease) in cash (55) (67)    
Cash and Restricted Cash 72 99 $ 127 $ 166
Reportable Legal Entities [Member] | Assured Guaranty Ltd. (Parent) [Member]        
Condensed Cash Flow Statements, Captions [Line Items]        
Net cash flows provided by (used in) operating activities 503 288    
Fixed-maturity securities:        
Purchases 0 (4)    
Sales 0 4    
Maturities 0 0    
Net sales (purchases) of short-term investments (11) (49)    
Net proceeds from financial guaranty variable entities’ assets 0 0    
Investment in subsidiary 0 0    
Acquisition of CIFG, net of cash acquired   0    
Proceeds from sale of subsidiary 0      
Payment to acquire business 0      
Other 0 0    
Net cash flows provided by (used in) investing activities (11) (49)    
Cash flows from financing activities        
Proceeds from Contributed Capital 0      
Return of capital 0 0    
Dividends paid (53) (52)    
Repurchases of common stock (431) (190)    
Repurchases of common stock to pay withholding taxes (13) (2)    
Net paydowns of financial guaranty variable interest entities’ liabilities 0 0    
Repayment/ extinguishment of long-term debt 0 0    
Proceeds from option exercises 5 6    
Net cash flows provided by (used in) financing activities (492) (238)    
Effect of foreign exchange rate changes 0 0    
Increase (decrease) in cash 0 1    
Cash and Restricted Cash 0 1 0 0
Reportable Legal Entities [Member] | Issuer Subsidiary [Member] | AGUS [Member]        
Condensed Cash Flow Statements, Captions [Line Items]        
Net cash flows provided by (used in) operating activities 175 171    
Fixed-maturity securities:        
Purchases (75) (44)    
Sales 112 0    
Maturities 7 23    
Net sales (purchases) of short-term investments 218 (3)    
Net proceeds from financial guaranty variable entities’ assets 0 0    
Investment in subsidiary (28) 0    
Acquisition of CIFG, net of cash acquired   0    
Proceeds from sale of subsidiary 0      
Payment to acquire business 0      
Other 0 7    
Net cash flows provided by (used in) investing activities 234 (17)    
Cash flows from financing activities        
Proceeds from Contributed Capital 0      
Return of capital 0 0    
Dividends paid (390) (223)    
Repurchases of common stock 0 0    
Repurchases of common stock to pay withholding taxes 0 0    
Net paydowns of financial guaranty variable interest entities’ liabilities 0 0    
Repayment/ extinguishment of long-term debt 0 0    
Proceeds from option exercises 0 0    
Net cash flows provided by (used in) financing activities (390) (223)    
Effect of foreign exchange rate changes 0 0    
Increase (decrease) in cash 19 (69)    
Cash and Restricted Cash 20 26 1 95
Reportable Legal Entities [Member] | Issuer Subsidiary [Member] | AGMH [Member]        
Condensed Cash Flow Statements, Captions [Line Items]        
Net cash flows provided by (used in) operating activities 105 159    
Fixed-maturity securities:        
Purchases (15) (10)    
Sales 12 12    
Maturities 0 0    
Net sales (purchases) of short-term investments 3 (1)    
Net proceeds from financial guaranty variable entities’ assets 0 0    
Investment in subsidiary 0 0    
Acquisition of CIFG, net of cash acquired   0    
Proceeds from sale of subsidiary 0      
Payment to acquire business 0      
Other 0 0    
Net cash flows provided by (used in) investing activities 0 1    
Cash flows from financing activities        
Proceeds from Contributed Capital 25      
Return of capital 0 0    
Dividends paid (128) (158)    
Repurchases of common stock 0 0    
Repurchases of common stock to pay withholding taxes 0 0    
Net paydowns of financial guaranty variable interest entities’ liabilities 0 0    
Repayment/ extinguishment of long-term debt 0 0    
Proceeds from option exercises 0 0    
Net cash flows provided by (used in) financing activities (103) (158)    
Effect of foreign exchange rate changes 0 0    
Increase (decrease) in cash 2 2    
Cash and Restricted Cash 2 10 0 8
Reportable Legal Entities [Member] | Other Entities [Member]        
Condensed Cash Flow Statements, Captions [Line Items]        
Net cash flows provided by (used in) operating activities 469 3    
Fixed-maturity securities:        
Purchases (1,552) (970)    
Sales 1,004 861    
Maturities 682 838    
Net sales (purchases) of short-term investments (450) 133    
Net proceeds from financial guaranty variable entities’ assets 117 590    
Investment in subsidiary (69) 4    
Acquisition of CIFG, net of cash acquired   (442)    
Proceeds from sale of subsidiary 139      
Payment to acquire business 95      
Other 58 (12)    
Net cash flows provided by (used in) investing activities 24 1,002    
Cash flows from financing activities        
Proceeds from Contributed Capital 3      
Return of capital (70) (4)    
Dividends paid (380) (429)    
Repurchases of common stock 0 0    
Repurchases of common stock to pay withholding taxes 0 0    
Net paydowns of financial guaranty variable interest entities’ liabilities (124) (567)    
Repayment/ extinguishment of long-term debt (2) (2)    
Proceeds from option exercises 0 0    
Net cash flows provided by (used in) financing activities (573) (1,002)    
Effect of foreign exchange rate changes 4 (4)    
Increase (decrease) in cash (76) (1)    
Cash and Restricted Cash 50 62 126 63
Consolidation, Eliminations [Member]        
Condensed Cash Flow Statements, Captions [Line Items]        
Net cash flows provided by (used in) operating activities (898) (810)    
Fixed-maturity securities:        
Purchases 27 0    
Sales 0 0    
Maturities 0 0    
Net sales (purchases) of short-term investments 0 0    
Net proceeds from financial guaranty variable entities’ assets 0 0    
Investment in subsidiary 97 (4)    
Acquisition of CIFG, net of cash acquired   7    
Proceeds from sale of subsidiary (139)      
Payment to acquire business 0      
Other 0 (7)    
Net cash flows provided by (used in) investing activities (15) (4)    
Cash flows from financing activities        
Proceeds from Contributed Capital (28)      
Return of capital 70 4    
Dividends paid 898 810    
Repurchases of common stock 0 0    
Repurchases of common stock to pay withholding taxes 0 0    
Net paydowns of financial guaranty variable interest entities’ liabilities 0 0    
Repayment/ extinguishment of long-term debt (27) 0    
Proceeds from option exercises 0 0    
Net cash flows provided by (used in) financing activities 913 814    
Effect of foreign exchange rate changes 0 0    
Increase (decrease) in cash 0 0    
Cash and Restricted Cash $ 0 $ 0 $ 0 $ 0