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Contracts Accounted for as Insurance - Expected Future Premium Collections and Earnings (Details) $ in Millions | Jun. 30, 2023 USD ($)
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Consolidated Entity Excluding Variable Interest Entities (VIE) |
Future Premiums to be Collected [Abstract] |
2023 (July 1 - September 30) | $ 51
2023 (October 1 - December 31) | 30
Subtotal 2023 | 81
2024 | 121
2025 | 104
2026 | 101
2027 | 97
2028-2032 | 404
2033-2037 | 270
2038-2042 | 187
After 2042 | 374
Total | 1,739
Financial Guarantee Insurance Product Line |
Future Net Premiums to be Earned [Abstract] |
2023 (July 1 - September 30) | 73
2023 (October 1 - December 31) | 72
Subtotal 2023 | 145
2024 | 276
2025 | 258
2026 | 241
2027 | 227
2028-2032 | 947
2033-2037 | 633
2038-2042 | 386
After 2042 | 536
Total | 3,649
Future accretion | 323
Total future net earned premiums | $ 3,972

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- Definition For financial guarantee insurance contracts, the undiscounted amount of premium revenue expected to be recognized over the term of the contract period. + References No definition available. + Details
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- Definition For financial guarantee insurance contracts, the amount of premium revenue expected to be recognized beyond the twentieth year following the statement of financial position reporting date. + References No definition available. + Details
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- Definition For financial guarantee insurance contracts, the aggregate amount of premium related to the premium receivable which is expected to be collected beyond the twentieth year following the statement of financial position reporting date. + References No definition available. + Details
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- Definition Amount of premium revenue under financial guarantee insurance contract to be recognized in fourth fiscal quarter following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479655/944-605-50-4 + Details
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