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Asset Management Fees (Tables) | 12 Months Ended
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Dec. 31, 2022
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following table presents the sources of asset management fees on a consolidated basis. Asset Management Fees
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
| (in millions)
Management fees: |  |  |  |  |
CLOs (1) | $ | 34 |  |  | $ | 41 |  |  | $ | 21 |
Opportunity funds and liquid strategies | 17 |  |  | 17 |  |  | 8 |
Wind-down funds | 2 |  |  | 7 |  |  | 25 |
Total management fees | 53 |  |  | 65 |  |  | 54 |
Performance fees | 19 |  |  | 1 |  |  | — |
Reimbursable fund expenses | 21 |  |  | 22 |  |  | 35 |
Total asset management fees | $ | 93 |  |  | $ | 88 |  |  | $ | 89 |
_____________________ (1) To the extent that the Company’s wind-down and/or opportunity funds are invested in AssuredIM managed CLOs, AssuredIM may rebate any management fees and/or performance fees earned from the CLOs. Gross management fees from CLOs, before rebates, were $34 million in 2022, $47 million in 2021 and $40 million in 2020.

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045 + Details
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