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Business Segments (Tables)
 9 Months Ended
Sep. 30, 2018
Text Block [Abstract]  
Summary of company's segment results
Three Months Ended September 30, 2018
U.S. International
Public and Structured
FinanceFinance
In millionsInsuranceCorporateInsuranceEliminationsConsolidated
Revenues(1)$45$7$58$-$110
Net change in fair value of insured derivatives--(1)-(1)
Net gains (losses) on financial instruments at fair value and
foreign exchange117(13)-5
Net investment losses related to other-than-temporary impairments(1)---(1)
Net gains (losses) on extinguishment of debt-3--3
Other net realized gains (losses) --1-1
Revenues of consolidated VIEs--(12)-(12)
Inter-segment revenues(2)7116(24)-
Total revenues523839(24)105
Losses and loss adjustment48-(2)-46
Operating5139-27
Interest-2032-52
Expenses of consolidated VIEs--25-25
Inter-segment expenses(2)1059(24)-
Total expenses633873(24)150
Income (loss) before income taxes(11)-(34)-(45)
Provision (benefit) for income taxes(3)2-1-
Net income (loss)$(8)$(2)$(34)$(1)$(45)
Identifiable assets$4,453$1,062$5,026$(2,180)(3)$8,361
________________
(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements and other fees.
(2) - Represents intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables and payables.
(3) - Consists primarily of intercompany reinsurance balances and repurchase agreements.

Three Months Ended September 30, 2017
U.S. International
Public and Structured
FinanceFinance
In millionsInsuranceCorporateInsuranceEliminationsConsolidated
Revenues(1)$70$7$10$-$87
Net change in fair value of insured derivatives--(1)-(1)
Net gains (losses) on financial instruments at fair value and
foreign exchange2(15)2-(11)
Net investment losses related to other-than-temporary impairments(71)---(71)
Net gains (losses) on extinguishment of debt-1--1
Other net realized gains (losses) (1)(1)1-(1)
Revenues of consolidated VIEs--29-29
Inter-segment revenues(2)41511(30)-
Total revenues4752(30)33
Losses and loss adjustment 141-64-205
Operating8147-29
Interest-2228-50
Expenses of consolidated VIEs--22-22
Inter-segment expenses(2)16-14(30)-
Total expenses16536135(30)306
Income (loss) before income taxes(161)(29)(83)-(273)
Provision (benefit) for income taxes(55)(1)149(6)
Net income (loss)$(106)$(28)$(84)$(49)$(267)
Identifiable assets$5,051$1,205$5,320$(2,032)(3)$9,544
________________
(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements and other fees.
(2) - Represents intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables and payables.
(3) - Consists primarily of intercompany reinsurance balances and repurchase agreements.

Nine Months Ended September 30, 2018
U.S. International
Public and Structured
FinanceFinance
In millionsInsuranceCorporateInsuranceEliminationsConsolidated
Revenues(1)$139$20$98$-$257
Net change in fair value of insured derivatives--(13)-(13)
Net gains (losses) on financial instruments at fair value and
foreign exchange(13)48(17)-18
Net investment losses related to other-than-temporary impairments(3)---(3)
Net gains (losses) on extinguishment of debt-3--3
Other net realized gains (losses) -(2)2--
Revenues of consolidated VIEs--(72)-(72)
Inter-segment revenues(2)203618(74)-
Total revenues14310516(74)190
Losses and loss adjustment 184-(7)-177
Operating143921-74
Interest-6095-155
Expenses of consolidated VIEs--71-71
Inter-segment expenses(2)341427(75)-
Total expenses232113207(75)477
Income (loss) before income taxes(89)(8)(191)1(287)
Provision (benefit) for income taxes(20)(31)(5)582
Net income (loss)$(69)$23$(186)$(57)$(289)
Identifiable assets$4,453$1,062$5,026$(2,180)(3)$8,361
________________
(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements and other fees.
(2) - Represents intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables and payables.
(3) - Consists primarily of intercompany reinsurance balances and repurchase agreements.

Nine Months Ended September 30, 2017
U.S. International
Public and Structured
FinanceFinance
In millionsInsuranceCorporateInsuranceEliminationsConsolidated
Revenues(1)$200$23$54$-$277
Net change in fair value of insured derivatives--(51)-(51)
Net gains (losses) on financial instruments at fair value and
foreign exchange20(54)(21)-(55)
Net investment losses related to other-than-temporary impairments(84)---(84)
Net gains (losses) on extinguishment of debt-9--9
Other net realized gains (losses) (1)(3)40-36
Revenues of consolidated VIEs--50-50
Inter-segment revenues(2)144631(91)-
Total revenues14921103(91)182
Losses and loss adjustment 310-159-469
Operating344625-105
Interest-6682-148
Expenses of consolidated VIEs--63-63
Inter-segment expenses(2)47242(91)-
Total expenses391114371(91)785
Income (loss) before income taxes(242)(93)(268)-(603)
Provision (benefit) for income taxes(86)1,0691,143(1,161)965
Net income (loss)$(156)$(1,162)$(1,411)$1,161$(1,568)
Identifiable assets$5,051$1,205$5,320$(2,032)(3)$9,544
________________
(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements and other fees.
(2) - Represents intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables and payables.
(3) - Consists primarily of intercompany reinsurance balances and repurchase agreements.