XML 89 R78.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Value Measurement - Fair Value Level 3 Rollforward Recurring Basis (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Net Derivative Asset (Liability) [Abstract]        
Issuances $ (68)      
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Liabilities [Abstract]        
Issuances 0      
FG VIEs' assets, at fair value [Member]        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 651 $ 781 $ 700 $ 876
Acquisitions       0
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Assets [Abstract]        
Net Income (loss) 3 11 4 28
Other comprehensive income (loss) 0 0 0 0
Purchases 0 0 0 0
Issuances 0   0  
Settlements (27) (35) (60) (81)
FG VIE consolidations       (21)
Transfers into level 3   0   0
Transfers out of Level 3   0    
FG VIE deconsolidations     (17) (87)
Fair value at end of period 627 757 627 757
Change in unrealized gains/(losses) related to financial instruments held 6 19 10 40
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Liabilities [Abstract]        
FG VIE consolidations       (21)
Other Assets and Other Invested Assets [Member]        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 62 63 64 65
Acquisitions       0
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Assets [Abstract]        
Net Income (loss) (1) 2 (2) 0
Other comprehensive income (loss) 0 0 0 0
Purchases 0 0 0 0
Issuances 0   0  
Settlements 0 0 (1) 0
FG VIE consolidations       0
Transfers into level 3   0   0
Transfers out of Level 3   0    
FG VIE deconsolidations     0 0
Fair value at end of period 61 65 61 65
Change in unrealized gains/(losses) related to financial instruments held (1) 2 (2) 0
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Liabilities [Abstract]        
FG VIE consolidations       0
FG VIEs' liabilities with recourse, at fair value [Member]        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Fair value at beginning of period (598) (721) (627) (807)
Acquisitions       0
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Liabilities [Abstract]        
Net income (loss) (4) (2) (4) (11)
Other comprehensive income (loss) 4 0 2 0
Purchases 0 0 0 0
Issuances     0  
Settlements 27 34 57 78
Transfers into level 3   0   0
Transfers out of Level 3   0    
FG VIE consolidations       0
FG VIE deconsolidations     1 51
Fair value at end of period (571) (689) (571) (689)
Change in unrealized gains/(losses) related to financial instruments held 2 (2) (1) (9)
Financial Guaranty Variable Interest Liabilities without Recourse [Member]        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Fair value at beginning of period (110) (134) (130) (151)
Acquisitions       0
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Liabilities [Abstract]        
Net income (loss) 1 (1) 2 (3)
Other comprehensive income (loss) 0 0 0 0
Purchases 0 0 0 0
Issuances     0  
Settlements 1 4 4 8
Transfers into level 3   0   0
Transfers out of Level 3   0    
FG VIE consolidations       (21)
FG VIE deconsolidations     16 36
Fair value at end of period (108) (131) (108) (131)
Change in unrealized gains/(losses) related to financial instruments held 1 (1) 1 (3)
Obligations of state and political subdivisions [Member] | Fixed Maturities [Member]        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 83 42 76 39
Acquisitions       0
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Assets [Abstract]        
Net Income (loss) 1 1 2 2
Other comprehensive income (loss) 8 (7) 11 (3)
Purchases 0 0 4 0
Issuances 0   0  
Settlements 0 0 (1) (2)
FG VIE consolidations       0
Transfers into level 3   55   55
Transfers out of Level 3   0    
FG VIE deconsolidations     0 0
Fair value at end of period 92 91 92 91
Change in unrealized gains/(losses) related to financial instruments held 8 9 11 13
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Liabilities [Abstract]        
FG VIE consolidations       0
Corporate securities [Member] | Fixed Maturities [Member]        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 62 62 67 60
Acquisitions       0
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Assets [Abstract]        
Net Income (loss) 1 1 (4) 3
Other comprehensive income (loss) 0 0 0 0
Purchases 0 0 0 0
Issuances 0   0  
Settlements 0 0 0 0
FG VIE consolidations       0
Transfers into level 3   0   0
Transfers out of Level 3   0    
FG VIE deconsolidations     0 0
Fair value at end of period 63 63 63 63
Change in unrealized gains/(losses) related to financial instruments held 0 0 0 0
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Liabilities [Abstract]        
FG VIE consolidations       0
RMBS [Member] | Fixed Maturities [Member]        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 314 402 334 365
Acquisitions       0
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Assets [Abstract]        
Net Income (loss) 6 20 13 18
Other comprehensive income (loss) (3) (1) (10) 26
Purchases 9 2 9 29
Issuances 0   0  
Settlements (15) (66) (35) (81)
FG VIE consolidations       0
Transfers into level 3   0   0
Transfers out of Level 3   0    
FG VIE deconsolidations     0 0
Fair value at end of period 311 357 311 357
Change in unrealized gains/(losses) related to financial instruments held (2) 13 (8) 26
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Liabilities [Abstract]        
FG VIE consolidations       0
Asset-backed Securities [Member] | Fixed Maturities [Member]        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 809 602 787 805
Acquisitions       7
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Assets [Abstract]        
Net Income (loss) 14 11 29 85
Other comprehensive income (loss) 6 51 9 58
Purchases 91 4 100 56
Issuances 0   0  
Settlements (23) (7) (28) (355)
FG VIE consolidations       0
Transfers into level 3   0   0
Transfers out of Level 3   (5)    
FG VIE deconsolidations     0 0
Fair value at end of period 897 656 897 656
Change in unrealized gains/(losses) related to financial instruments held 6 51 10 124
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Liabilities [Abstract]        
FG VIE consolidations       0
Credit Risk Contract [Member]        
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Fair value at start of period (236) (350) (269) (389)
Acquisitions       0
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Net Derivative Asset (Liability) [Abstract]        
Net income (loss) 48 (6) 82 48
Other comprehensive income (loss) 0 0 0 0
Purchases 0 0 0 0
Issuances     (68)  
Settlements (1) (5) (2) (20)
Transfers into level 3   0   0
Transfers out of Level 3   0    
FG VIE consolidations       0
PG VIE deconsolidations     0 0
Fair value at end of period (257) (361) (257) (361)
Change in unrealized gains/(losses) related to financial instruments held as of June 30, 2017 $ 46 $ (13) $ 73 $ 12