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Business Segments (Summary Of Company's Segment Results) (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Segment Reporting Information [Line Items]      
Revenues [1] $ 72 $ 100 $ 142
Net gains (losses) on financial instruments at fair value and foreign exchange 4 45 40
Net gains (losses) on extinguishment of debt 1 4 30
Revenues of consolidated VIEs (70) 5 (23)
Inter-segment revenues [2] 0 0 0
Total revenues 7 154 189
Losses and loss adjustment 177 38 350
Amortization of deferred acquisition costs and operating 92 76 97
Interest 210 179 163
Expenses of consolidated VIEs 12 9 24
Inter-segment expenses [2] 0 0 0
Total expenses 491 302 634
Income (loss) from continuing operations before income taxes (484) (148) (445)
Identifiable assets per segment 2,533 3,295  
Assets held for sale 73 80  
Total identifiable assets 2,606 3,375  
Operating Segments [Member] | US Public Finance Insurance [Member]      
Segment Reporting Information [Line Items]      
Revenues [1] 51 53 85
Net gains (losses) on financial instruments at fair value and foreign exchange 8 (47) (2)
Net gains (losses) on extinguishment of debt 0 0 0
Revenues of consolidated VIEs 0 0 0
Inter-segment revenues [2] 27 29 27
Total revenues 86 35 110
Losses and loss adjustment 170 143 227
Amortization of deferred acquisition costs and operating 7 8 17
Interest 0 0 0
Expenses of consolidated VIEs 0 0 0
Inter-segment expenses [2] 40 44 45
Total expenses 217 195 289
Income (loss) from continuing operations before income taxes (131) (160) (179)
Identifiable assets per segment 1,742 2,491  
Assets held for sale 0 0  
Total identifiable assets 1,742 2,491  
Operating Segments [Member] | Corporate Operations [Member]      
Segment Reporting Information [Line Items]      
Revenues [1] (12) 8 13
Net gains (losses) on financial instruments at fair value and foreign exchange 8 99 56
Net gains (losses) on extinguishment of debt 1 5 30
Revenues of consolidated VIEs 0 0 0
Inter-segment revenues [2] 54 55 67
Total revenues 51 167 166
Losses and loss adjustment 0 0 0
Amortization of deferred acquisition costs and operating 74 55 71
Interest 55 56 56
Expenses of consolidated VIEs 0 0 0
Inter-segment expenses [2] 24 23 22
Total expenses 153 134 149
Income (loss) from continuing operations before income taxes (102) 33 17
Identifiable assets per segment 755 645  
Assets held for sale 0 0  
Total identifiable assets 755 645  
Operating Segments [Member] | International And Structured Finance Insurance [Member]      
Segment Reporting Information [Line Items]      
Revenues [1] 33 39 44
Net gains (losses) on financial instruments at fair value and foreign exchange (12) (7) (14)
Net gains (losses) on extinguishment of debt 0 0 0
Revenues of consolidated VIEs (70) 5 (23)
Inter-segment revenues [2] 6 9 12
Total revenues (43) 46 19
Losses and loss adjustment 7 (105) 123
Amortization of deferred acquisition costs and operating 10 12 9
Interest 155 124 107
Expenses of consolidated VIEs 12 9 24
Inter-segment expenses [2] 23 27 38
Total expenses 207 67 301
Income (loss) from continuing operations before income taxes (250) (21) (282)
Identifiable assets per segment 974 1,132  
Assets held for sale 0 0  
Total identifiable assets 974 1,132  
Intersegment Elimination [Member]      
Segment Reporting Information [Line Items]      
Revenues [1] 0 0 0
Net gains (losses) on financial instruments at fair value and foreign exchange 0 0 0
Net gains (losses) on extinguishment of debt 0 (1) 0
Revenues of consolidated VIEs 0 0 0
Inter-segment revenues [2] (87) (93) (106)
Total revenues (87) (94) (106)
Losses and loss adjustment 0 0 0
Amortization of deferred acquisition costs and operating 1 1 0
Interest 0 (1) 0
Expenses of consolidated VIEs 0 0 0
Inter-segment expenses [2] (87) (94) (105)
Total expenses (86) (94) (105)
Income (loss) from continuing operations before income taxes (1) 0 $ (1)
Identifiable assets per segment [3] (938) (973)  
Assets held for sale 0 0  
Total identifiable assets $ (938) $ (973)  
[1] Consists of net premiums earned, net investment income, net realized investment gains (losses), fees and reimbursements and other net realized gains (losses).
[2] Primarily represents intercompany service charges and intercompany net investment income and expenses.
[3] Consists principally of intercompany reinsurance balances.