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Contracts Accounted for as Credit Derivatives - Credit Derivatives Subordination and Ratings (Details) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 5,164 $ 5,371
Net Fair Value Asset (Liability) (120) (100)
Expected loss to be recovered (2) 1
Public finance | United States    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 1,817 1,980
Net Fair Value Asset (Liability) (44) (38)
Public finance | Non United States    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 2,264 2,257
Net Fair Value Asset (Liability) (32) (27)
Structured finance | United States    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 945 997
Net Fair Value Asset (Liability) (40) (30)
Structured finance | Non United States    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 138 137
Net Fair Value Asset (Liability) $ (4) $ (5)