XML 131 R115.htm IDEA: XBRL DOCUMENT v3.22.4
Financial Guaranty Variable Interest Entities and Consolidated Investment Vehicles - Schedule of Assets and Liabilities of Consolidated Investment Vehicles (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Variable Interest Entity [Line Items]    
Total assets $ 16,843 $ 18,208
Total liabilities 11,551 11,708
Variable Interest Entity, Primary Beneficiary | Consolidated Investment Vehicles    
Variable Interest Entity [Line Items]    
Total liabilities 4,625 4,436
Variable Interest Entity, Primary Beneficiary | CLO obligations of CFEs | Consolidated Investment Vehicles    
Variable Interest Entity [Line Items]    
Total liabilities 4,090 3,665
Variable Interest Entity, Primary Beneficiary | Warehouse financing debt | Consolidated Investment Vehicles    
Variable Interest Entity [Line Items]    
Total liabilities 313 126
Variable Interest Entity, Primary Beneficiary | Securities sold short, at fair value | Consolidated Investment Vehicles    
Variable Interest Entity [Line Items]    
Total liabilities 0 41
Variable Interest Entity, Primary Beneficiary | Due to brokers and counterparties | Consolidated Investment Vehicles    
Variable Interest Entity [Line Items]    
Total liabilities 112 570
Variable Interest Entity, Primary Beneficiary | Other liabilities | Consolidated Investment Vehicles    
Variable Interest Entity [Line Items]    
Total liabilities 110 34
Variable Interest Entity, Primary Beneficiary | Consolidated Investment Vehicles    
Variable Interest Entity [Line Items]    
Total assets 5,493 5,271
Variable Interest Entity, Primary Beneficiary | Consolidated Investment Vehicles | Investments in AssuredIM Funds and Other Affiliated Entities    
Variable Interest Entity [Line Items]    
Total assets $ 392 $ 223
Variable Interest Entity, Primary Beneficiary | Consolidated Investment Vehicles | CLO obligations of CFEs    
Variable Interest Entity [Line Items]    
CLOs, weighted average maturity 6 years 2 months 12 days 6 years 7 months 6 days
CLOs, weighted average interest rate 5.30% 1.80%
Variable Interest Entity, Primary Beneficiary | Consolidated Investment Vehicles | Warehouse financing debt    
Variable Interest Entity [Line Items]    
CLOs, weighted average maturity 1 year 10 months 24 days 1 year 9 months 18 days
CLOs, weighted average interest rate 4.50% 1.10%
Variable Interest Entity, Primary Beneficiary | Consolidated Investment Vehicles | Fund Investments | Cash and cash equivalents    
Variable Interest Entity [Line Items]    
Total assets $ 59 $ 64
Variable Interest Entity, Primary Beneficiary | Consolidated Investment Vehicles | Fund Investments | Due from brokers and counterparties    
Variable Interest Entity [Line Items]    
Total assets 0 49
Variable Interest Entity, Primary Beneficiary | Consolidated Investment Vehicles | Fund Investments | Other    
Variable Interest Entity [Line Items]    
Total assets 1 1
Variable Interest Entity, Primary Beneficiary | Consolidated Investment Vehicles | Fund Investments | Equity securities and warrants    
Variable Interest Entity [Line Items]    
Total assets 434 252
Variable Interest Entity, Primary Beneficiary | Consolidated Investment Vehicles | Fund Investments | Obligations of state and political subdivisions    
Variable Interest Entity [Line Items]    
Total assets 0 101
Variable Interest Entity, Primary Beneficiary | Consolidated Investment Vehicles | Fund Investments | Structured products    
Variable Interest Entity [Line Items]    
Total assets 128 62
Variable Interest Entity, Primary Beneficiary | Consolidated Investment Vehicles | Fund Investments | Corporate securities    
Variable Interest Entity [Line Items]    
Total assets 96 98
Variable Interest Entity, Primary Beneficiary | Consolidated Investment Vehicles | CLOs | Cash and cash equivalents    
Variable Interest Entity [Line Items]    
Total assets 38 156
Variable Interest Entity, Primary Beneficiary | Consolidated Investment Vehicles | CLOs | Due from brokers and counterparties    
Variable Interest Entity [Line Items]    
Total assets 32 99
Variable Interest Entity, Primary Beneficiary | Consolidated Investment Vehicles | CLOs | Loans in CLOs, FVO    
Variable Interest Entity [Line Items]    
Total assets 4,202 3,913
Variable Interest Entity, Primary Beneficiary | Consolidated Investment Vehicles | CLOs | Loans in CLO warehouses, FVO    
Variable Interest Entity [Line Items]    
Total assets 368 331
Variable Interest Entity, Primary Beneficiary | Consolidated Investment Vehicles | CLOs | Short-term investments    
Variable Interest Entity [Line Items]    
Total assets 135 145
Voting Interest Entity | Consolidated Investment Vehicles    
Variable Interest Entity [Line Items]    
Total liabilities 1  
Voting Interest Entity | Consolidated Investment Vehicles | Investments    
Variable Interest Entity [Line Items]    
Total assets $ 58 $ 12