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Business Segments (Summary Of Company's Segment Results) (Detail) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
Segment Reporting Information [Line Items]      
Revenues $ 142 [1] $ 164 [1]  
Net change in fair value of insured derivatives 469 (61)  
Net gains (losses) on financial instruments at fair value and foreign exchange (55) 63  
Net investment losses related to other-than-temporary impairments 0 0  
Net gains (losses) on extinguishment of debt 1 4  
Other net realized gains (losses) 1 0  
Revenues of consolidated VIEs 19 49  
Inter-segment revenues 0 [2] 0 [2]  
Total revenues 577 219  
Losses and loss adjustment 50 (194)  
Operating 56 122  
Interest 54 60  
Expenses of consolidated VIEs 13 16  
Inter-segment expenses 0 [2] 0 [2]  
Total expenses 173 4  
Income (loss) before income taxes 404 215  
Identifiable assets 16,087 21,592 16,953
Reportable Subsegments [Member] | Asset Liability Products Business [Member]
     
Segment Reporting Information [Line Items]      
Revenues 9 [3] 9 [3]  
Net gains (losses) on financial instruments at fair value and foreign exchange (38) 3  
Net investment losses related to other-than-temporary impairments 0 0  
Net gains (losses) on extinguishment of debt 1 4  
Other net realized gains (losses) 0 0  
Revenues of consolidated VIEs 0 0  
Inter-segment revenues (2) [4] (2) [4]  
Total revenues (30) 14  
Operating 0 0  
Interest 18 20  
Expenses of consolidated VIEs 0 0  
Inter-segment expenses 2 [4] 2 [4]  
Total expenses 20 22  
Income (loss) before income taxes (50) (8)  
Identifiable assets 1,471 1,822  
Reportable Subsegments [Member] | Conduits [Member]
     
Segment Reporting Information [Line Items]      
Revenues 0 [3] 0 [3]  
Net gains (losses) on financial instruments at fair value and foreign exchange 0 0  
Net investment losses related to other-than-temporary impairments 0 0  
Net gains (losses) on extinguishment of debt 0 0  
Other net realized gains (losses) 0 0  
Revenues of consolidated VIEs 4 2  
Inter-segment revenues (1) [4] 0 [4]  
Total revenues 3 2  
Operating 0 0  
Interest 0 0  
Expenses of consolidated VIEs 0 2  
Inter-segment expenses 0 [4] 11 [4]  
Total expenses 0 13  
Income (loss) before income taxes 3 (11)  
Identifiable assets 75 692  
Intersubsegment Eliminations [Member]
     
Segment Reporting Information [Line Items]      
Revenues 0 [3] 0 [3]  
Net gains (losses) on financial instruments at fair value and foreign exchange 0 0  
Net investment losses related to other-than-temporary impairments 0 0  
Net gains (losses) on extinguishment of debt 0 0  
Other net realized gains (losses) 0 0  
Revenues of consolidated VIEs 0 0  
Inter-segment revenues 0 [4] 0 [4]  
Total revenues 0 0  
Operating 0 0  
Interest 0 0  
Expenses of consolidated VIEs 0 0  
Inter-segment expenses 0 [4] 0 [4]  
Total expenses 0 0  
Income (loss) before income taxes 0 0  
Identifiable assets 2 (30)  
U S Public Finance Insurance [Member]
     
Segment Reporting Information [Line Items]      
Losses and loss adjustment (14)    
Operating Segments [Member] | U S Public Finance Insurance [Member]
     
Segment Reporting Information [Line Items]      
Revenues 88 [1] 108 [1]  
Net change in fair value of insured derivatives 1 0  
Net gains (losses) on financial instruments at fair value and foreign exchange 4 32  
Net investment losses related to other-than-temporary impairments 0 0  
Net gains (losses) on extinguishment of debt 0 0  
Other net realized gains (losses) 0 0  
Revenues of consolidated VIEs 0 0  
Inter-segment revenues 12 [2] 46 [2]  
Total revenues 105 186  
Losses and loss adjustment (14) 4  
Operating 9 14  
Interest 0 0  
Expenses of consolidated VIEs 0 0  
Inter-segment expenses 18 [2] 26 [2]  
Total expenses 13 44  
Income (loss) before income taxes 92 142  
Identifiable assets 6,124 6,874  
Operating Segments [Member] | Structured Finance And International Insurance [Member]
     
Segment Reporting Information [Line Items]      
Revenues 34 [1] 42 [1]  
Net change in fair value of insured derivatives 468 (61)  
Net gains (losses) on financial instruments at fair value and foreign exchange (3) 22  
Net investment losses related to other-than-temporary impairments 0 0  
Net gains (losses) on extinguishment of debt 0 0  
Other net realized gains (losses) 0 0  
Revenues of consolidated VIEs 20 47  
Inter-segment revenues 12 [2] 20 [2]  
Total revenues 531 70  
Losses and loss adjustment 64 (198)  
Operating 16 34  
Interest 27 28  
Expenses of consolidated VIEs 13 14  
Inter-segment expenses 19 [2] 56 [2]  
Total expenses 139 (66)  
Income (loss) before income taxes 392 136  
Identifiable assets 10,875 17,149  
Operating Segments [Member] | Advisory Services [Member]
     
Segment Reporting Information [Line Items]      
Revenues 3 [1] 4 [1]  
Net change in fair value of insured derivatives 0 0  
Net gains (losses) on financial instruments at fair value and foreign exchange (4) 0  
Net investment losses related to other-than-temporary impairments 0 0  
Net gains (losses) on extinguishment of debt 0 0  
Other net realized gains (losses) 0 0  
Revenues of consolidated VIEs 0 0  
Inter-segment revenues 6 [2] 7 [2]  
Total revenues 5 11  
Losses and loss adjustment 0 0  
Operating 11 10  
Interest 0 0  
Expenses of consolidated VIEs 0 0  
Inter-segment expenses 1 [2] 2 [2]  
Total expenses 12 12  
Income (loss) before income taxes (7) (1)  
Identifiable assets 34 34  
Operating Segments [Member] | Corporate Operations [Member]
     
Segment Reporting Information [Line Items]      
Revenues 8 [1] 1 [1]  
Net change in fair value of insured derivatives 0 0  
Net gains (losses) on financial instruments at fair value and foreign exchange (14) 6  
Net investment losses related to other-than-temporary impairments 0 0  
Net gains (losses) on extinguishment of debt 0 0  
Other net realized gains (losses) 1 0  
Revenues of consolidated VIEs (5) 0  
Inter-segment revenues 16 [2] 26 [2]  
Total revenues 6 33  
Losses and loss adjustment 0 0  
Operating 20 64  
Interest 9 12  
Expenses of consolidated VIEs 0 0  
Inter-segment expenses 5 [2] 3 [2]  
Total expenses 34 79  
Income (loss) before income taxes (28) (46)  
Identifiable assets 1,233 861  
Operating Segments [Member] | Wind Down Operations [Member]
     
Segment Reporting Information [Line Items]      
Revenues 9 [1],[3] 9 [1],[3]  
Net change in fair value of insured derivatives 0 0  
Net gains (losses) on financial instruments at fair value and foreign exchange (38) 3  
Net investment losses related to other-than-temporary impairments 0 0  
Net gains (losses) on extinguishment of debt 1 4  
Other net realized gains (losses) 0 0  
Revenues of consolidated VIEs 4 2  
Inter-segment revenues (3) [2],[4] (2) [2],[4]  
Total revenues (27) 16  
Losses and loss adjustment 0 0  
Operating 0 0  
Interest 18 20  
Expenses of consolidated VIEs 0 2  
Inter-segment expenses 2 [2],[4] 13 [2],[4]  
Total expenses 20 35  
Income (loss) before income taxes (47) (19)  
Identifiable assets 1,548 2,484  
Intersegment Elimination [Member]
     
Segment Reporting Information [Line Items]      
Revenues 0 [1] 0 [1]  
Net change in fair value of insured derivatives 0 0  
Net gains (losses) on financial instruments at fair value and foreign exchange 0 0  
Net investment losses related to other-than-temporary impairments 0 0  
Net gains (losses) on extinguishment of debt 0 0  
Other net realized gains (losses) 0 0  
Revenues of consolidated VIEs 0 0  
Inter-segment revenues (43) [2] (97) [2]  
Total revenues (43) (97)  
Losses and loss adjustment 0 0  
Operating 0 0  
Interest 0 0  
Expenses of consolidated VIEs 0 0  
Inter-segment expenses (45) [2] (100) [2]  
Total expenses (45) (100)  
Income (loss) before income taxes 2 3  
Identifiable assets $ (3,727) [5] $ (5,810) [6]  
[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] Represents the sum of third-party interest income, investment management services fees and other fees.
[4] Represents intercompany asset management fees and expenses plus intercompany interest income and expense pertaining to intercompany debt.
[5] Consists of intercompany reinsurance balances, repurchase agreements and deferred income taxes.
[6] Consists of intercompany reinsurance balances, repurchase agreements and loans.