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Business Segments (Summary Of Company's Segment Results) (Detail) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Segment Reporting Information [Line Items]      
Total revenues $ 2,435 $ (1,557) $ 894
Total expenses 837 682 989
Income (loss) before income taxes 1,598 (2,239) (95)
Identifiable assets 21,724 26,873 32,279
Realized gains (losses) and other settlements on insured derivatives     607
Unrealized gains (losses) on insured derivatives 1,870 (441) (607)
Net gains (losses) on extinguishment of debt 49 26 60
Losses and loss adjustment 50    
Non Variable Interest Entities [Member]
     
Segment Reporting Information [Line Items]      
Revenues 880 [1] 1,038 [1] 1,211 [2]
Realized gains (losses) and other settlements on insured derivatives (406) (2,371) (162)
Unrealized gains (losses) on insured derivatives 1,870 (441) (607)
Net gains (losses) on financial instruments at fair value and foreign exchange 55 (99) 88
Net investment losses related to other-than-temporary impairments (105) (101) (64)
Net gains (losses) on extinguishment of debt   26 35
Other net realized gains (losses) 7 (1) 29
Losses and loss adjustment 50 (80) 232
Operating 431 371 349
Interest 284 300 325
Variable Interest Entity [Member]
     
Segment Reporting Information [Line Items]      
Identifiable assets 8,300 10,900  
Net gains (losses) on financial instruments at fair value and foreign exchange 18 59 342
Net gains (losses) on extinguishment of debt 49   25
Other net realized gains (losses)   263 (76)
Revenues of consolidated VIEs 134 392 364
Interest 55 62 59
Expenses of consolidated VIEs 72 91 83
U.S. Public Finance Insurance [Member]
     
Segment Reporting Information [Line Items]      
Inter-segment revenues 168 [3] 79 [4] 93 [5]
Total revenues 838 745 750
Inter-segment expenses 124 [3] 114 [6] 104 [5]
Total expenses 269 170 220
Income (loss) before income taxes 569 575 530
Identifiable assets 6,887 7,848 8,436
U.S. Public Finance Insurance [Member] | Non Variable Interest Entities [Member]
     
Segment Reporting Information [Line Items]      
Revenues 548 [1] 599 [1] 601 [2]
Realized gains (losses) and other settlements on insured derivatives 1 2 1
Net gains (losses) on financial instruments at fair value and foreign exchange 121 96 55
Other net realized gains (losses)   (31)  
Losses and loss adjustment 21 4 73
Operating 124 52 43
Structured Finance And International Insurance [Member]
     
Segment Reporting Information [Line Items]      
Inter-segment revenues 45 [3] 91 [4] 113 [5]
Total revenues 1,871 (2,046) 211
Inter-segment expenses 208 [3] 124 [6] 135 [5]
Total expenses 575 409 642
Income (loss) before income taxes 1,296 (2,455) (431)
Identifiable assets 17,264 19,985 23,980
Structured Finance And International Insurance [Member] | Non Variable Interest Entities [Member]
     
Segment Reporting Information [Line Items]      
Revenues 243 [1] 319 [1] 463 [2]
Realized gains (losses) and other settlements on insured derivatives (407) (2,373) (163)
Unrealized gains (losses) on insured derivatives 1,870 (441) (607)
Net gains (losses) on financial instruments at fair value and foreign exchange 93 58 135
Net investment losses related to other-than-temporary impairments (45) (62) (5)
Other net realized gains (losses) 1 1 29
Losses and loss adjustment 29 (84) 159
Operating 147 166 149
Interest 132 133 135
Structured Finance And International Insurance [Member] | Variable Interest Entity [Member]
     
Segment Reporting Information [Line Items]      
Revenues of consolidated VIEs 71 361 246
Expenses of consolidated VIEs 59 70 64
Advisory Services [Member]
     
Segment Reporting Information [Line Items]      
Inter-segment revenues 34 [3] 41 [4] 38 [5]
Total revenues 54 67 70
Inter-segment expenses 13 [3] 6 [6] 7 [5]
Total expenses 59 64 71
Income (loss) before income taxes (5) 3 (1)
Identifiable assets 46 53 54
Advisory Services [Member] | Non Variable Interest Entities [Member]
     
Segment Reporting Information [Line Items]      
Revenues 21 [1] 26 [1] 30 [2]
Net gains (losses) on financial instruments at fair value and foreign exchange (1)   2
Operating 46 58 64
Corporate [Member]
     
Segment Reporting Information [Line Items]      
Inter-segment revenues 176 [3] 152 [4] 94 [5]
Total revenues 208 196 70
Inter-segment expenses 14 [3] 22 [6] 14 [5]
Total expenses 180 172 168
Income (loss) before income taxes 28 24 (98)
Identifiable assets 828 829 653
Corporate [Member] | Non Variable Interest Entities [Member]
     
Segment Reporting Information [Line Items]      
Revenues 15 [1] 4 [1] 4 [2]
Net gains (losses) on financial instruments at fair value and foreign exchange 18 23 (28)
Net investment losses related to other-than-temporary impairments (4) (8)  
Net gains (losses) on extinguishment of debt (2)    
Other net realized gains (losses) 5 25  
Operating 109 92 89
Interest 57 58 65
Wind-Down Operations [Member]
     
Segment Reporting Information [Line Items]      
Inter-segment revenues (14) [3],[7] (23) [4],[7] (18) [5],[7]
Total revenues (127) (181) 91
Inter-segment expenses 116 [3],[7] 95 [6],[7] 60 [5],[7]
Total expenses 229 228 208
Income (loss) before income taxes (356) (409) (117)
Identifiable assets 2,539 5,203 6,432
Wind-Down Operations [Member] | Non Variable Interest Entities [Member]
     
Segment Reporting Information [Line Items]      
Revenues 53 [1],[8] 90 [1],[8] 113 [2],[8]
Net gains (losses) on financial instruments at fair value and foreign exchange (176) (276) (76)
Net investment losses related to other-than-temporary impairments (56) (31) (59)
Net gains (losses) on extinguishment of debt 2 24 35
Other net realized gains (losses) 1 4  
Operating 5 3 4
Interest 95 109 125
Wind-Down Operations [Member] | Variable Interest Entity [Member]
     
Segment Reporting Information [Line Items]      
Revenues of consolidated VIEs 63 31 96
Expenses of consolidated VIEs 13 21 19
Eliminations [Member]
     
Segment Reporting Information [Line Items]      
Inter-segment revenues (409) [3] (340) [4] (320) [5]
Total revenues (409) (338) (298)
Inter-segment expenses (475) [3] (361) [6] (320) [5]
Total expenses (475) (361) (320)
Income (loss) before income taxes 66 23 22
Identifiable assets (5,840) [6] (7,045) [9] (7,276) [10]
Eliminations [Member] | Non Variable Interest Entities [Member]
     
Segment Reporting Information [Line Items]      
Net gains (losses) on extinguishment of debt   2  
Eliminations [Member] | Variable Interest Entity [Member]
     
Segment Reporting Information [Line Items]      
Revenues of consolidated VIEs     $ 22
[1] 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.
[2] 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.
[3] Represents intercompany premium income and expense, intercompany asset management fees and expenses, intercompany interest income, expenses pertaining to intercompany receivables and payables and intercompany loans.
[4] Represents intercompany premium income and expense, intercompany asset management fees and expenses, and intercompany interest income and expense pertaining to intercompany receivables and payables.
[5] Represents intercompany premium income and expense, intercompany asset management fees and expenses, and intercompany interest income and expense pertaining to intercompany receivables and payables.
[6] Consists of intercompany reinsurance balances, repurchase agreements, deferred taxes, and loans.
[7] Represents intercompany asset management fees and expenses plus intercompany interest income and expense pertaining to intercompany debt.
[8] Represents the sum of third-party interest income, investment management services fees and other fees.
[9] Consists of intercompany reinsurance balances, repurchase agreements and loans.
[10] Consists of intercompany reinsurance balances, repurchase agreements and loans.