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Business Segments (Tables)
 9 Months Ended
Sep. 30, 2013
Text Block [Abstract]  
Summary of company's segment results
    Three Months Ended September 30, 2013
    U.S.  Structured                
    Public  Finance and                 
    Finance International  Advisory     Wind-down       
In millions Insurance Insurance Services Corporate Operations Eliminations  Consolidated
Revenues(1) $ 93 $ 39 $ 3 $ 10 $ 6 $ -  $ 151
Realized gains (losses) and other                       
 settlements on insured                       
Net change in fair value of                      
 insured derivatives   -   257   -   -   -   -    257
Net gains (losses) on financial                       
 instruments at fair value                      
 and foreign exchange   -   (3)   -   37   (29)   -    5
Net investment losses related                       
 to other-than-temporary                       
Net gains (losses) on                       
 extinguishment of debt   -   -   -   -   7   (1)    6
Other net realized gains (losses)    (29)   -   -   -   -   -    (29)
Revenues of consolidated VIEs   -   30   -   (1)   1   -    30
Inter-segment revenues(2)   10   20   8   35   (3)   (70)    -
  Total revenues   74   343   11   81   (18)   (71)    420
Losses and loss adjustment   35   63   -   -   -   -    98
Operating   13   22   16   29   -   -    80
Interest   -   27   -   13   19   -    59
Expenses of consolidated VIEs   -   12   -   -   -   -    12
Inter-segment expenses(2)   20   23   3   3   17   (66)    -
  Total expenses   68   147   19   45   36   (66)    249
Income (loss) before income taxes $ 6 $ 196 $ (8) $ 36 $ (54) $ (5)  $ 171
Identifiable assets $ 6,509 $ 12,096 $ 47 $ 910 $ 1,785 $ (3,714) (3) $ 17,633
________________                      
(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 intercompany premium income and expense, intercompany asset management fees and expenses, and intercompany interest income and expense pertaining to
intercompany receivables and payables.
(3) - Consists of intercompany reinsurance balances, repurchase agreements and deferred income taxes.

    Three Months Ended September 30, 2012
    U.S.  Structured                
    Public  Finance and                 
    Finance International  Advisory     Wind-down       
In millions Insurance Insurance Services Corporate Operations Eliminations  Consolidated
Revenues(1) $ 149 $ 59 $ 5 $ 3 $ 9 $ -  $ 225
Realized gains (losses) and other                       
 derivatives                      
Net change in fair value of                      
 insured derivatives   -   (21)   -   -   -   -    (21)
Net gains (losses) on financial                       
 instruments at fair value and                       
 foreign exchange   22   14   -   11   (40)   -    7
Net investment losses related                       
 to other-than-temporary                       
 impairments   -   (4)   -   (4)   -   -    (8)
Net gains (losses) on                       
Other net realized gains (losses)    -   -   -   1   -   -    1
Revenues of consolidated VIEs   -   57   -   -   20   -    77
Inter-segment revenues(2)   43   29   8   53   (1)   (132)    -
  Total revenues   214   134   13   64   (12)   (132)    281
Losses and loss adjustment    4   167   -   -   -   -    171
Operating   14   29   12   24   1   -    80
Interest   -   33   -   14   22   -    69
Expenses of consolidated VIEs   -   15   -   -   3   -    18
Inter-segment expenses(2)   32   54   3   4   39   (132)    -
  Total expenses   50   298   15   42   65   (132)    338
Income (loss) before income                      
 taxes $ 164 $ (164) $ (2) $ 22 $ (77) $ -  $ (57)
Identifiable assets $ 7,134 $ 17,399 $ 53 $ 843 $ 2,861 $ (6,158) (3) $ 22,132
________________                      
(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 intercompany premium income and expense, intercompany asset management fees and expenses, and intercompany interest income and expense pertaining to
intercompany receivables and payables.
(3) - Consists of intercompany reinsurance balances, repurchase agreements and loans.

    Nine Months Ended September 30, 2013
    U.S.  Structured                
    Public  Finance and                 
    Finance International  Advisory     Wind-down       
In millions Insurance Insurance Services Corporate Operations Eliminations  Consolidated
Revenues(1) $ 314 $ 120 $ 13 $ 15 $ 21 $ -  $ 483
Realized gains (losses) and other                       
 settlements on insured                      
Net change in fair value of                      
 insured derivatives   -   14   -   -   -   -    14
Net gains (losses) on financial                       
 instruments at fair value and                       
 foreign exchange   30   31   -   39   (38)   -    62
Net investment losses related                       
 to other-than-temporary                       
Net gains (losses) on                       
 extinguishment of debt   -   -   -   -   11   38 (3)   49
Other net realized gains (losses)    (29)   -   -   -   -   -    (29)
Revenues of consolidated VIEs   -   174   -   (10)   8   -    172
Inter-segment revenues(2)   81   52   20   56   (5)   (204)    -
  Total revenues   396   391   33   100   (3)   (166)    751
Losses and loss adjustment    105   (13)   -   -   -   -    92
Operating   57   91   42   125   1   -    316
Interest   -   84   -   36   59   -    179
Expenses of consolidated VIEs   -   38   -   -   4   -    42
Inter-segment expenses(2)   72   115   6   8   32   (233)    -
  Total expenses   234   315   48   169   96   (233)    629
Income (loss) before income taxes $ 162 $ 76 $ (15) $ (69) $ (99) $ 67  $ 122
Identifiable assets $ 6,509 $ 12,096 $ 47 $ 910 $ 1,785 $ (3,714) (4) $ 17,633
________________                      
(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 intercompany premium income and expense, intercompany asset management fees and expenses, intercompany interest income, expenses pertaining to
intercompany receivables and payables and intercompany loans.
(3) - Represents the gain on the debt received as consideration in connection with the BofA Settlement Agreement.
(4) - Consists of intercompany reinsurance balances, repurchase agreements and deferred income taxes.

    Nine Months Ended September 30, 2012
    U.S.  Structured                
    Public  Finance and                 
    Finance International  Advisory     Wind-down       
In millions Insurance Insurance Services Corporate Operations Eliminations  Consolidated
Revenues(1) $ 419 $ 194 $ 16 $ 10 $ 44 $ -  $ 683
Realized gains (losses) and other                       
 settlements on insured                       
Net change in fair value of                      
 insured derivatives   -   1,053   -   -   -   -    1,053
Net gains (losses) on financial                       
 instruments at fair value and                       
 foreign exchange   43   80   -   19   (160)   -    (18)
Net investment losses related                       
 to other-than-temporary                       
 impairments   -   (45)   -   (4)   (56)   -    (105)
Net gains (losses) on                       
Other net realized gains (losses)    -   1   -   6   -   -    7
Revenues of consolidated VIEs   -   23   -   -   60   -    83
Inter-segment revenues(2)   123   10   26   132   (19)   (272)    -
  Total revenues   585   1,316   42   163   (131)   (272)    1,703
Losses and loss adjustment    15   315   -   -   -   -    330
Operating   112   120   38   69   4   -    343
Interest   -   99   -   43   72   -    214
Expenses of consolidated VIEs   -   46   -   -   11   -    57
Inter-segment expenses(2)   91   154   10   10   87   (352)    -
  Total expenses   218   734   48   122   174   (352)    944
Income (loss) before income taxes $ 367 $ 582 $ (6) $ 41 $ (305) $ 80  $ 759
Identifiable assets $ 7,134 $ 17,399 $ 53 $ 843 $ 2,861 $ (6,158) (3) $ 22,132
________________                      
(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 intercompany premium income and expense, intercompany asset management fees and expenses, and intercompany interest income and expense pertaining to
intercompany receivables and payables.
(3) - Consists of intercompany reinsurance balances, repurchase agreements and loans.
Summary Of premiums earned on financial guarantees and insured derivatives by geographic location of risk
    Three Months Ended September 30, Nine Months Ended September 30, 
 In millions  2013  2012  2013  2012 
 Total premiums earned:             
  United States $ 82 $ 141 $ 297 $ 402 
  United Kingdom   9   9   26   27 
  Europe (excluding United Kingdom)   3   3   9   12 
  Internationally diversified   2   3   8   13 
  Central and South America   13   8   28   40 
  Asia   1   2   3   4 
  Other   2   2   6   8 
 Total  $ 112 $ 168 $ 377 $ 506 
                
Summary Of Segments Within Wind-Down Operations
    Three Months Ended September 30, 2013
    Asset /        Total Wind-
    Liability       down
In millions  Products Conduits Eliminations Operations
Revenues(1) $6 $ - $ - $6
Net gains (losses) on financial             
 instruments at fair value and foreign             
 exchange  (29)   -   -  (29)
Net investment losses related to other-            
Net gains (losses) on extinguishment             
 of debt   7   -   -   7
Revenues of consolidated VIEs   -  1   -  1
Inter-segment revenues(2)  (1)  (2)   -  (3)
  Total revenues  (17)  (1)   -   (18)
Interest  19   -   -  19
Inter-segment expenses(2)  2   15   -  17
  Total expenses  21  15   -   36
Income (loss) before income taxes $(38) $(16) $ - $ (54)
Identifiable assets $1,586 $198 $1 $1,785
_______________            
(1) - Represents the sum of third-party interest income, investment management services fees and other fees.
(2) - Represents intercompany asset management fees and expenses plus intercompany interest income and expense pertaining to intercompany debt.

    Three Months Ended September 30, 2012
    Asset /        Total Wind-
    Liability       down
In millions  Products Conduits Eliminations Operations
Revenues(1) $ 9 $ - $ - $ 9
Net gains (losses) on financial             
 instruments at fair value and foreign             
 exchange   (40)   -   -   (40)
Net investment losses related to other-            
Net gains (losses) on extinguishment             
Revenues of consolidated VIEs   -   20   -   20
Inter-segment revenues(2)   (1)   -   -   (1)
  Total revenues   (32)   20   -   (12)
Operating   1   -   -   1
Interest   22   -   -   22
Expenses of consolidated VIEs   -   3   -   3
Inter-segment expenses(2)   3   36   -   39
  Total expenses   26   39   -   65
Income (loss) before income taxes $ (58) $ (19) $ - $ (77)
Identifiable assets $ 2,219 $ 693 $ (51) $ 2,861
_______________            
(1) - Represents the sum of third-party interest income, investment management services fees and other fees.
(2) - Represents intercompany asset management fees and expenses plus intercompany interest income and expense pertaining to intercompany debt.

    Nine Months Ended September 30, 2013
    Asset /        Total Wind-
    Liability       down
In millions  Products Conduits Eliminations Operations
Revenues(1) $ 21 $ - $ - $ 21
Net gains (losses) on financial             
 instruments at fair value and foreign             
 exchange   (38)   -   -   (38)
Net investment losses related to other-            
Net gains (losses) on extinguishment             
 of debt   11   -   -   11
Revenues of consolidated VIEs   -   8   -   8
Inter-segment revenues(2)   (3)   (8)   6   (5)
  Total revenues   (9)   -   6   (3)
Operating   1   -   -   1
Interest   59   -   -   59
Expenses of consolidated VIEs   -   4   -   4
Inter-segment expenses(2)   6   26   -   32
  Total expenses   66   30   -   96
Income (loss) before income taxes $ (75) $ (30) $ 6 $ (99)
Identifiable assets $ 1,586 $ 198 $ 1 $ 1,785
_______________            
(1) - Represents the sum of third-party interest income, investment management services fees and other fees.
(2) - Represents intercompany asset management fees and expenses plus intercompany interest income and expense pertaining to intercompany debt.

    Nine Months Ended September 30, 2012
    Asset /        Total Wind-
    Liability       down
In millions  Products Conduits Eliminations Operations
Revenues(1) $ 44 $ - $ - $ 44
Net gains (losses) on financial             
 instruments at fair value and foreign             
 exchange   (160)   -   -   (160)
Net investment losses related to other-            
 than-temporary impairments   (56)   -   -   (56)
Net gains (losses) on extinguishment             
Revenues of consolidated VIEs   -   60   -   60
Inter-segment revenues(2)   (15)   (2)   (2)   (19)
  Total revenues   (187)   58   (2)   (131)
Operating   4   -   -   4
Interest   72   -   -   72
Expenses of consolidated VIEs   -   11   -   11
Inter-segment expenses(2)   16   71   -   87
  Total expenses   92   82   -   174
Income (loss) before income taxes $ (279) $ (24) $ (2) $ (305)
Identifiable assets $ 2,219 $ 693 $ (51) $ 2,861
_______________            
(1) - Represents the sum of third-party interest income, investment management services fees and other fees.
(2) - Represents intercompany asset management fees and expenses plus intercompany interest income and expense pertaining to intercompany debt.