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Recent Accounting Pronouncements (Tables) | 12 Months Ended
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Dec. 31, 2011
Recent Accounting Pronouncements [Abstract] |
Recent Accounting Pronouncements |
|  | Increase/(Decrease) |
In millions |  | Fair Value Option |  |  | Unpaid Principal Balance |  |  | Deconsolidated VIEs |  |  | Total |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total investments |  | $ | (593 | ) |  | $ | (3,058 | ) |  | $ | (172 | ) |  | $ | (3,823 | )
Accrued investment income |  |  | (3 | ) |  |  | (3 | ) |  |  | — |  |  |  | (6 | )
Premiums receivable |  |  | (23 | ) |  |  | (127 | ) |  |  | — |  |  |  | (150 | )
Deferred acquisition costs |  |  | (7 | ) |  |  | — |  |  |  | — |  |  |  | (7 | )
Insurance loss recoverable |  |  | (594 | ) |  |  | — |  |  |  | — |  |  |  | (594 | )
Current income taxes |  |  | — |  |  |  | 14 |  |  |  | — |  |  |  | 14 |
Deferred income taxes, net |  |  | 10 |  |  |  | (3 | ) |  |  | 2 |  |  |  | 9 |
Other assets |  |  | (484 | ) |  |  | 5 |  |  |  | — |  |  |  | (479 | )
Assets of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash |  |  | 320 |  |  |  | — |  |  |  | — |  |  |  | 320 |
Investments held-to-maturity |  |  | — |  |  |  | 4,798 |  |  |  | — |  |  |  | 4,798 |
Fixed-maturity securities at fair value |  |  | 5,507 |  |  |  | — |  |  |  | — |  |  |  | 5,507 |
Loans receivable at fair value |  |  | 2,002 |  |  |  | — |  |  |  | — |  |  |  | 2,002 |
Loan repurchase commitments |  |  | 436 |  |  |  | — |  |  |  | — |  |  |  | 436 |
Derivative assets |  |  | 30 |  |  |  | — |  |  |  | — |  |  |  | 30 |
Other assets |  |  | 37 |  |  |  | 16 |  |  |  | — |  |  |  | 53 |
Total assets |  |  | 6,638 |  |  |  | 1,642 |  |  |  | (170 | ) |  |  | 8,110 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unearned premium revenue |  |  | (46 | ) |  |  | (92 | ) |  |  | — |  |  |  | (138 | )
Loss and loss adjustment expense reserves |  |  | (364 | ) |  |  | — |  |  |  | — |  |  |  | (364 | )
Medium-term notes |  |  | — |  |  |  | (1,429 | ) |  |  | — |  |  |  | (1,429 | )
Long-term debt |  |  | — |  |  |  | (433 | ) |  |  | — |  |  |  | (433 | )
Payable for investments purchased |  |  | (1 | ) |  |  | — |  |  |  | — |  |  |  | (1 | )
Derivative liabilities |  |  | (33 | ) |  |  | (9 | ) |  |  | — |  |  |  | (42 | )
Other liabilities |  |  | (8 | ) |  |  | (2 | ) |  |  | — |  |  |  | (10 | )
Liabilities of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Variable interest entity notes |  |  | 6,358 |  |  |  | 3,170 |  |  |  | (252 | ) |  |  | 9,276 |
Long-term debt |  |  | — |  |  |  | 433 |  |  |  | — |  |  |  | 433 |
Derivative liabilities |  |  | 764 |  |  |  | 9 |  |  |  | — |  |  |  | 773 |
Other liabilities |  |  | — |  |  |  | 18 |  |  |  | — |  |  |  | 18 |
Total liabilities |  |  | 6,670 |  |  |  | 1,665 |  |  |  | (252 | ) |  |  | 8,083 |
Equity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retained earnings |  |  | (296 | ) |  |  | (23 | ) |  |  | (3 | ) |  |  | (322 | )
Accumulated other comprehensive income (loss) |  |  | 264 |  |  |  | — |  |  |  | 85 |  |  |  | 349 |
Total equity |  | $ | (32 | ) |  | $ | (23 | ) |  | $ | 82 |  |  | $ | 27 |

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