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Business Segments (Summary Of Company's Segment Results) (Detail) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Segment Reporting Information [Line Items]          
Revenues $ 23 [1] $ 52 [1] $ 53 $ 115  
Net gains (losses) on financial instruments at fair value and foreign exchange 25 9 51 41  
Net gains (losses) on extinguishment of debt   16 4 30  
Revenues of consolidated VIEs (31) (5) (11) (24)  
Inter-segment revenues 0 [2] 0 0 0  
Total revenues 17 72 97 162  
Losses and loss adjustment (12) 125 57 232  
Amortization of deferred acquisition costs and operating 16 23 49 75  
Interest 46 40 130 122  
Expenses of consolidated VIEs 2 7 5 23  
Inter-segment expenses 0 [2] 0 [2] 0 0  
Total expenses 52 195 241 452  
Income (loss) from continuing operations before income taxes (35) (123) (144) (290)  
Identifiable assets per segment 3,883   3,883    
Assets held for sale 132   132    
Total identifiable assets 4,015   4,015   $ 4,696
Operating Segments [Member] | US Public Finance Insurance [Member]          
Segment Reporting Information [Line Items]          
Revenues 17 [1] 21 [1] 24 65  
Net gains (losses) on financial instruments at fair value and foreign exchange (6) 0 (43) 0  
Net gains (losses) on extinguishment of debt   0 0 0  
Revenues of consolidated VIEs 0 0 0 0  
Inter-segment revenues 6 [2] 8 20 22  
Total revenues 17 29 1 87  
Losses and loss adjustment 16 68 152 135  
Amortization of deferred acquisition costs and operating 2 6 6 14  
Interest 0 0 0 0  
Expenses of consolidated VIEs 0 0 0 0  
Inter-segment expenses 10 [2] 11 [2] 33 36  
Total expenses 28 85 191 185  
Income (loss) from continuing operations before income taxes (11) (56) (190) (98)  
Identifiable assets per segment 3,061   3,061    
Assets held for sale 0   0    
Total identifiable assets 3,061   3,061    
Operating Segments [Member] | Corporate Operations [Member]          
Segment Reporting Information [Line Items]          
Revenues (3) [1] 7 [1] 3 13  
Net gains (losses) on financial instruments at fair value and foreign exchange 35 12 111 50  
Net gains (losses) on extinguishment of debt   16 5 30  
Revenues of consolidated VIEs 0 0 0 0  
Inter-segment revenues 12 [2] 14 43 50  
Total revenues 44 49 162 143  
Losses and loss adjustment 0 0 0 0  
Amortization of deferred acquisition costs and operating 12 16 35 54  
Interest 14 14 42 42  
Expenses of consolidated VIEs 0 0 0 0  
Inter-segment expenses 5 [2] 4 [2] 17 14  
Total expenses 31 34 94 110  
Income (loss) from continuing operations before income taxes 13 15 68 33  
Identifiable assets per segment 622   622    
Assets held for sale 0   0    
Total identifiable assets 622   622    
Operating Segments [Member] | International And Structured Finance Insurance [Member]          
Segment Reporting Information [Line Items]          
Revenues 9 [1] 24 [1] 26 37  
Net gains (losses) on financial instruments at fair value and foreign exchange (4) (3) (17) (9)  
Net gains (losses) on extinguishment of debt   0 0 0  
Revenues of consolidated VIEs (31) (5) (11) (24)  
Inter-segment revenues 2 [2] 2 7 10  
Total revenues (24) 18 5 14  
Losses and loss adjustment (28) 57 (95) 97  
Amortization of deferred acquisition costs and operating 2 1 8 7  
Interest 32 26 88 80  
Expenses of consolidated VIEs 2 7 5 23  
Inter-segment expenses 6 [2] 9 [2] 20 30  
Total expenses 14 100 26 237  
Income (loss) from continuing operations before income taxes (38) (82) (21) (223)  
Identifiable assets per segment 1,708   1,708    
Assets held for sale 0   0    
Total identifiable assets 1,708   1,708    
Intersegment Elimination [Member]          
Segment Reporting Information [Line Items]          
Revenues 0 [1] 0 [1] 0 0  
Net gains (losses) on financial instruments at fair value and foreign exchange 0 0 0 0  
Net gains (losses) on extinguishment of debt   0 (1) 0  
Revenues of consolidated VIEs 0 0 0 0  
Inter-segment revenues (20) [2] (24) (70) (82)  
Total revenues (20) (24) (71) (82)  
Losses and loss adjustment 0 0 0 0  
Amortization of deferred acquisition costs and operating 0 0 0 0  
Interest 0 0 0 0  
Expenses of consolidated VIEs 0 0 0 0  
Inter-segment expenses (21) [2] (24) [2] (70) (80)  
Total expenses (21) (24) (70) (80)  
Income (loss) from continuing operations before income taxes 1 $ 0 (1) $ (2)  
Identifiable assets per segment [3] (1,508)   (1,508)    
Assets held for sale 0   0    
Total identifiable assets $ (1,508)   $ (1,508)    
[1] Consists of net premiums earned, net investment income, net realized investment gains (losses), fees and reimbursements and other net realized gains (losses).
[2] Primarily represents intercompany service charges and intercompany net investment income and expenses.
[3] Consists principally of intercompany reinsurance balances.