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Contracts Accounted for as Credit Derivatives - Credit Derivatives Subordination and Ratings (Details) - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2022
Dec. 31, 2021
Credit Derivatives    
Estimated remaining weighted average life of credit derivatives (in years) 13 years 3 months 18 days 13 years 2 months 12 days
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 3,301 $ 4,040
Net Fair Value Asset (Liability) (147) (154)
Expected loss to be recovered 5 5
Public finance | United States    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 1,348 1,705
Net Fair Value Asset (Liability) (80) (72)
Public finance | Non United States    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 1,476 1,800
Net Fair Value Asset (Liability) (42) (48)
Structured finance | United States    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 355 400
Net Fair Value Asset (Liability) (22) (32)
Structured finance | Non United States    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 122 135
Net Fair Value Asset (Liability) $ (3) $ (2)