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Shareholders' Equity - Changes in AOCI by Component (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Changes in Accumulated Other Comprehensive Income [Roll Forward]        
Beginning balance     $ 5,713  
Other comprehensive income (loss) before reclassifications $ (11) $ (46) (33) $ 46
Less: Amounts reclassified from AOCI to:        
Net realized investment gains (losses) (6) (9) 2 (11)
Interest expense 23 22 46 43
Income (loss) before income taxes 94 144 238 264
Tax (provision) benefit (13) (18) (44) (41)
Other comprehensive income (loss) (5) (38) (33) 57
Ending balance 5,539   5,539  
Reclassification out of Accumulated Other Comprehensive Income        
Less: Amounts reclassified from AOCI to:        
Net realized investment gains (losses) (6) (9) 2 (11)
Fair value gains (losses) on FG VIEs       (2)
Income (loss) before income taxes (6) (9) 1 (12)
Tax (provision) benefit 0 1 (1) 1
Total amount reclassified from AOCI, net of tax (6) (8) 0 (11)
Reclassification out of Accumulated Other Comprehensive Income | Financial Guaranty Variable Interest Entities        
Less: Amounts reclassified from AOCI to:        
Fair value gains (losses) on FG VIEs   (1) (1)  
Interest expense   1   1
Total AOCI        
Changes in Accumulated Other Comprehensive Income [Roll Forward]        
Beginning balance (387) (420) (359) (515)
Less: Amounts reclassified from AOCI to:        
Ending balance (392) (458) (392) (458)
No Credit Impairment        
Changes in Accumulated Other Comprehensive Income [Roll Forward]        
Beginning balance (231) (254) (202) (343)
Other comprehensive income (loss) before reclassifications (15) (30) (46) 61
Less: Amounts reclassified from AOCI to:        
Other comprehensive income (loss) (12) (30) (41) 59
Ending balance (243) (284) (243) (284)
No Credit Impairment | Reclassification out of Accumulated Other Comprehensive Income        
Less: Amounts reclassified from AOCI to:        
Net realized investment gains (losses) (4) 1 (6) 4
Fair value gains (losses) on FG VIEs       0
Income (loss) before income taxes (4) 1 (6) 4
Tax (provision) benefit 1 (1) 1 (2)
Total amount reclassified from AOCI, net of tax (3) 0 (5) 2
No Credit Impairment | Reclassification out of Accumulated Other Comprehensive Income | Financial Guaranty Variable Interest Entities        
Less: Amounts reclassified from AOCI to:        
Fair value gains (losses) on FG VIEs   0 0  
Interest expense   0   0
Credit Impairment        
Changes in Accumulated Other Comprehensive Income [Roll Forward]        
Beginning balance (103) (105) (104) (110)
Other comprehensive income (loss) before reclassifications 4 (18) 14 (17)
Less: Amounts reclassified from AOCI to:        
Other comprehensive income (loss) 7 (10) 8 (5)
Ending balance (96) (115) (96) (115)
Credit Impairment | Reclassification out of Accumulated Other Comprehensive Income        
Less: Amounts reclassified from AOCI to:        
Net realized investment gains (losses) (2) (10) 8 (15)
Fair value gains (losses) on FG VIEs       0
Income (loss) before income taxes (2) (10) 8 (15)
Tax (provision) benefit (1) 2 (2) 3
Total amount reclassified from AOCI, net of tax (3) (8) 6 (12)
Credit Impairment | Reclassification out of Accumulated Other Comprehensive Income | Financial Guaranty Variable Interest Entities        
Less: Amounts reclassified from AOCI to:        
Fair value gains (losses) on FG VIEs   0 0  
Interest expense   0   0
ISCR on FG VIEs’ Liabilities with Recourse        
Changes in Accumulated Other Comprehensive Income [Roll Forward]        
Beginning balance (21) (24) (20) (23)
Other comprehensive income (loss) before reclassifications 1 1 (1) (1)
Less: Amounts reclassified from AOCI to:        
Other comprehensive income (loss) 1 2 0 1
Ending balance (20) (22) (20) (22)
ISCR on FG VIEs’ Liabilities with Recourse | Reclassification out of Accumulated Other Comprehensive Income        
Less: Amounts reclassified from AOCI to:        
Net realized investment gains (losses) 0 0 0 0
Fair value gains (losses) on FG VIEs       (2)
Income (loss) before income taxes 0 (1) (1) (2)
Tax (provision) benefit 0 0 0 0
Total amount reclassified from AOCI, net of tax 0 (1) (1) (2)
ISCR on FG VIEs’ Liabilities with Recourse | Reclassification out of Accumulated Other Comprehensive Income | Financial Guaranty Variable Interest Entities        
Less: Amounts reclassified from AOCI to:        
Fair value gains (losses) on FG VIEs   (1) (1)  
Interest expense   0   0
Cumulative Translation Adjustment        
Changes in Accumulated Other Comprehensive Income [Roll Forward]        
Beginning balance (37) (43) (38) (45)
Other comprehensive income (loss) before reclassifications (1) 1 0 3
Less: Amounts reclassified from AOCI to:        
Other comprehensive income (loss) (1) 1 0 3
Ending balance (38) (42) (38) (42)
Cumulative Translation Adjustment | Reclassification out of Accumulated Other Comprehensive Income        
Less: Amounts reclassified from AOCI to:        
Net realized investment gains (losses) 0 0 0 0
Fair value gains (losses) on FG VIEs       0
Income (loss) before income taxes 0 0 0 0
Tax (provision) benefit 0 0 0 0
Total amount reclassified from AOCI, net of tax 0 0 0 0
Cumulative Translation Adjustment | Reclassification out of Accumulated Other Comprehensive Income | Financial Guaranty Variable Interest Entities        
Less: Amounts reclassified from AOCI to:        
Fair value gains (losses) on FG VIEs   0 0  
Interest expense   0   0
Cash Flow  Hedge        
Changes in Accumulated Other Comprehensive Income [Roll Forward]        
Beginning balance 5 6 5 6
Other comprehensive income (loss) before reclassifications 0 0 0 0
Less: Amounts reclassified from AOCI to:        
Other comprehensive income (loss) 0 (1) 0 (1)
Ending balance 5 5 5 5
Cash Flow  Hedge | Reclassification out of Accumulated Other Comprehensive Income        
Less: Amounts reclassified from AOCI to:        
Net realized investment gains (losses) 0 0 0 0
Fair value gains (losses) on FG VIEs       0
Income (loss) before income taxes 0 1 0 1
Tax (provision) benefit 0 0 0 0
Total amount reclassified from AOCI, net of tax $ 0 1 0 1
Cash Flow  Hedge | Reclassification out of Accumulated Other Comprehensive Income | Financial Guaranty Variable Interest Entities        
Less: Amounts reclassified from AOCI to:        
Fair value gains (losses) on FG VIEs   0 $ 0  
Interest expense   $ 1   $ 1