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Business Segments (Summary Of Company's Segment Results) (Detail) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Segment Reporting Information [Line Items]          
Unrealized gains (losses) on insured derivatives     $ (1,506) $ 1,307  
Total revenues 1,039 98 1,422 (1,510)  
Loss and loss adjustment expense     159    
Total expenses 244 245 606 400  
Income (loss) before income taxes 795 (147) 816 (1,910)  
Identifiable assets 22,295   22,295   26,873
U.S. Public Finance Insurance [Member]
         
Segment Reporting Information [Line Items]          
Inter-segment revenues 43 [1] 19 [1] 79 [1] 37 [1]  
Total revenues 199 177 370 329  
Inter-segment expenses 31 [1] 28 [1] 59 [1] 53 [1]  
Total expenses 51 33 168 74  
Income (loss) before income taxes 148 144 202 255  
Structured Finance And International Insurance [Member]
         
Segment Reporting Information [Line Items]          
Inter-segment revenues (11) [1] 19 [1] (19) [1] 29 [1]  
Total revenues 843 59 1,182 (1,679)  
Inter-segment expenses 54 [1] 30 [1] 100 [1] 59 [1]  
Total expenses 198 184 436 267  
Income (loss) before income taxes 645 (125) 746 (1,946)  
Advisory Services [Member]
         
Segment Reporting Information [Line Items]          
Inter-segment revenues 11 [1] 10 [1] 18 [1] 19 [1]  
Total revenues 16 17 29 32  
Inter-segment expenses 5 [1] 2 [1] 7 [1] 3 [1]  
Total expenses 16 20 33 36  
Income (loss) before income taxes   (3) (4) (4)  
Corporate [Member]
         
Segment Reporting Information [Line Items]          
Inter-segment revenues 56 [1] 22 [1] 79 [1] 44 [1]  
Total revenues 70 38 99 84  
Inter-segment expenses 3 [1] 4 [1] 7 [1] 7 [1]  
Total expenses 42 39 81 80  
Income (loss) before income taxes 28 (1) 18 4  
Wind-Down Operations [Member]
         
Segment Reporting Information [Line Items]          
Inter-segment revenues (21) [1],[2] (3) [1],[2] (19) [1],[2] (8) [1],[2]  
Total revenues (11) (126) (120) (157)  
Inter-segment expenses 40 [1],[2] 8 [1],[2] 47 [1],[2] 18 [1],[2]  
Total expenses 70 41 108 83  
Income (loss) before income taxes (81) (167) (228) (240)  
Identifiable assets 3,205 5,640 3,205 5,640  
Eliminations [Member]
         
Segment Reporting Information [Line Items]          
Inter-segment revenues (78) [1] (67) [1] (138) [1] (121) [1]  
Total revenues (78) (67) (138) (119)  
Inter-segment expenses (133) [1] (72) [1] (220) [1] (140) [1]  
Total expenses (133) (72) (220) (140)  
Income (loss) before income taxes 55 5 82 21  
Non Variable Interest Entities [Member]
         
Segment Reporting Information [Line Items]          
Revenues 251 [3] 255 [3] 458 [3] 520 [3]  
Realized gains and other settlements on insured derivatives (428) (191) (432) (546)  
Unrealized gains (losses) on insured derivatives 1,203 116 1,506 (1,307)  
Net gains (losses) on financial instruments at fair value and foreign exchange (6) (103) (25) (127)  
Net investment losses related to other-than-temporary impairments (3) (20) (97) (33)  
Net gains (losses) on extinguishment of debt       26  
Other net realized gains (losses) 6   6 5  
Loss and loss adjustment expense 62 50 159 14  
Operating expenses 93 98 263 189  
Interest expense 71 75 145 150  
Identifiable assets 22,295 31,668 22,295 31,668  
Non Variable Interest Entities [Member] | U.S. Public Finance Insurance [Member]
         
Segment Reporting Information [Line Items]          
Revenues 145 [3] 143 [3] 270 [3] 274 [3]  
Realized gains and other settlements on insured derivatives   1   1  
Net gains (losses) on financial instruments at fair value and foreign exchange 11 14 21 17  
Loss and loss adjustment expense (3) (9) 11 (5)  
Operating expenses 23 14 98 26  
Identifiable assets 7,120 8,083 7,120 8,083  
Non Variable Interest Entities [Member] | Structured Finance And International Insurance [Member]
         
Segment Reporting Information [Line Items]          
Revenues 80 [3] 81 [3] 135 [3] 183 [3]  
Realized gains and other settlements on insured derivatives (428) (192) (432) (547)  
Unrealized gains (losses) on insured derivatives 1,203 116 1,506 (1,307)  
Net gains (losses) on financial instruments at fair value and foreign exchange 20   66 33  
Net investment losses related to other-than-temporary impairments (1) (2) (41) (4)  
Other net realized gains (losses)     1 1  
Loss and loss adjustment expense 65 59 148 19  
Operating expenses 32 45 91 86  
Interest expense 33 33 66 66  
Identifiable assets 17,395 23,592 17,395 23,592  
Non Variable Interest Entities [Member] | Advisory Services [Member]
         
Segment Reporting Information [Line Items]          
Revenues 5 [3] 7 [3] 11 [3] 13 [3]  
Operating expenses 11 18 26 33  
Identifiable assets 46 52 46 52  
Non Variable Interest Entities [Member] | Corporate [Member]
         
Segment Reporting Information [Line Items]          
Revenues 5 [3]   7 [3] 1 [3]  
Net gains (losses) on financial instruments at fair value and foreign exchange 3 16 8 39  
Other net realized gains (losses) 6   5    
Operating expenses 24 21 45 43  
Interest expense 15 14 29 30  
Identifiable assets 759 671 759 671  
Non Variable Interest Entities [Member] | Wind-Down Operations [Member]
         
Segment Reporting Information [Line Items]          
Revenues 16 [3],[4] 24 [3],[4] 35 [3],[4] 49 [3],[4]  
Net gains (losses) on financial instruments at fair value and foreign exchange (40) (133) (120) (216)  
Net investment losses related to other-than-temporary impairments (2) (18) (56) (29)  
Net gains (losses) on extinguishment of debt       24  
Other net realized gains (losses)       4  
Operating expenses 3   3 1  
Interest expense 23 28 50 54  
Identifiable assets 3,205 5,640 3,205 5,640  
Non Variable Interest Entities [Member] | Eliminations [Member]
         
Segment Reporting Information [Line Items]          
Net gains (losses) on extinguishment of debt       2  
Identifiable assets (6,230) [5] (6,370) [5] (6,230) [5] (6,370) [5]  
Variable Interest Entity [Member]
         
Segment Reporting Information [Line Items]          
Net gains (losses) on financial instruments at fair value and foreign exchange (34) 22 (61) (85)  
Net gains (losses) on extinguishment of debt 33   33    
Other net realized gains (losses)   3   3  
Revenues of consolidated VIEs 16 41 6 (48)  
Interest expense 15 15 30 30  
Expenses of consolidated VIEs 18 22 39 47  
Identifiable assets 8,400   8,400   10,900
Variable Interest Entity [Member] | Structured Finance And International Insurance [Member]
         
Segment Reporting Information [Line Items]          
Revenues of consolidated VIEs (20) 37 (34) (67)  
Expenses of consolidated VIEs 14 17 31 37  
Variable Interest Entity [Member] | Wind-Down Operations [Member]
         
Segment Reporting Information [Line Items]          
Revenues of consolidated VIEs 36 4 40 19  
Expenses of consolidated VIEs $ 4 $ 5 $ 8 $ 10  
[1] Represents intercompany premium income and expense, intercompany asset management fees and expenses, and intercompany interest income and expense pertaining to intercompany receivables and payables.
[2] Represents intercompany asset management fees and expenses plus intercompany interest income and expense pertaining to intercompany debt.
[3] Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements, investment management fees and other fees.
[4] Represents the sum of third-party interest income, investment management services fees and other fees.
[5] Consists of intercompany reinsurance balances, repurchase agreements and loans.