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Contracts Accounted for as Credit Derivatives - Credit Derivatives Subordination and Ratings (Details) - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Credit Derivatives    
Estimated remaining weighted average life of credit derivatives (in years) 10 years 1 month 6 days 11 years 1 month 6 days
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 3,638 $ 3,608
Net Fair Value Asset (Liability) (34) (50)
Expected loss to be recovered 2 2
Public finance | United States    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 1,068 1,149
Net Fair Value Asset (Liability) (13) (15)
Public finance | Non United States    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 1,488 1,522
Net Fair Value Asset (Liability) (17) (20)
Structured finance | United States    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 160 322
Net Fair Value Asset (Liability) (3) (13)
Structured finance | Non United States    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding 922 615
Net Fair Value Asset (Liability) $ (1) $ (2)