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Income Taxes (Components Of Deferred Tax Assets and Liabilities) (Detail) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Deferred tax liabilities [Abstract]    
Unearned premium reserve $ 220 $ 241
Loss and loss adjustment expense reserves 0 0
Deferral of cancellation of indebtedness income 114 [1] 114 [1]
Deferred acquisition costs 87 102
Investments in VIEs 0 0
Net unrealized gains in accumulated other comprehensive income 0 32
Other 57 64
Total gross deferred tax liabilities 478 553
Deferred tax assets [Abstract]    
Compensation and employee benefits 31 23
Loss and loss adjustment expense reserves 85 112
Net operating loss and tax credit carryforwards 917 441
Capital loss carryforward and other-than-temporary impairments 93 183
Net unrealized losses on insured derivatives 400 982
Net losses on financial instruments at fair value and foreign exchange 47 98
Net unrealized losses in accumulated other comprehensive income 30 0
Alternative minimum tax credit carryforward 22 19
Net deferred taxes on VIEs 55 40
Other 0 0
Total gross deferred tax assets 1,680 1,898
Valuation allowance 93 146
Net deferred tax asset $ 1,109 $ 1,199
[1] Pursuant to Internal Revenue Code Section 108(i), cancellation of indebtedness income will be amortized ratably into taxable income over five years beginning in 2014.