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Fair Value Of Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2011
Fair Value Of Financial Instruments [Abstract] |
Carrying Value And Fair Value Of Financial Instruments |
|  | As of December 31, |
|  | 2011 |  |  | 2010 |
In millions |  | Carrying Value |  |  | Estimated Fair Value |  |  | Carrying Value |  |  | Estimated Fair Value |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investments held as available-for-sale and held at fair value |  | $ | 8,586 |  |  | $ | 8,586 |  |  | $ | 11,739 |  |  | $ | 11,739 |
Other investments |  |  | 107 |  |  |  | 107 |  |  |  | 188 |  |  |  | 188 |
Cash and cash equivalents |  |  | 473 |  |  |  | 473 |  |  |  | 366 |  |  |  | 366 |
Receivable for investments sold |  |  | 32 |  |  |  | 32 |  |  |  | 8 |  |  |  | 8 |
Non-insured derivatives |  |  | 2 |  |  |  | 2 |  |  |  | 4 |  |  |  | 4 |
Assets of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash |  |  | 160 |  |  |  | 160 |  |  |  | 764 |  |  |  | 764 |
Investments held-to-maturity |  |  | 3,843 |  |  |  | 3,489 |  |  |  | 4,039 |  |  |  | 3,760 |
Fixed-maturity securities held as available-for-sale |  |  | 432 |  |  |  | 432 |  |  |  | 339 |  |  |  | 339 |
Fixed-maturity securities held as trading |  |  | 2,884 |  |  |  | 2,884 |  |  |  | 5,241 |  |  |  | 5,241 |
Loans receivable |  |  | 2,046 |  |  |  | 2,046 |  |  |  | 2,183 |  |  |  | 2,183 |
Loan repurchase commitments |  |  | 1,077 |  |  |  | 1,077 |  |  |  | 835 |  |  |  | 835 |
Derivative assets |  |  | 450 |  |  |  | 450 |  |  |  | 699 |  |  |  | 699 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment agreements |  |  | 1,578 |  |  |  | 1,853 |  |  |  | 2,005 |  |  |  | 2,172 |
Medium-term notes |  |  | 1,656 |  |  |  | 1,187 |  |  |  | 1,740 |  |  |  | 766 |
Securities sold under agreements to repurchase |  |  | 287 |  |  |  | 286 |  |  |  | 471 |  |  |  | 454 |
Short-term debt |  |  | — |  |  |  | — |  |  |  | 65 |  |  |  | 65 |
Long-term debt |  |  | 1,840 |  |  |  | 1,117 |  |  |  | 1,851 |  |  |  | 1,155 |
Payable for investments purchased |  |  | 3 |  |  |  | 3 |  |  |  | 2 |  |  |  | 2 |
Derivative liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Insured derivatives |  |  | 4,808 |  |  |  | 4,808 |  |  |  | 4,375 |  |  |  | 4,375 |
Non-insured derivatives |  |  | 356 |  |  |  | 356 |  |  |  | 242 |  |  |  | 242 |
Total derivative liabilities |  |  | 5,164 |  |  |  | 5,164 |  |  |  | 4,617 |  |  |  | 4,617 |
Warrants |  |  | 38 |  |  |  | 38 |  |  |  | 58 |  |  |  | 58 |
Liabilities of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Variable interest entity notes |  |  | 8,697 |  |  |  | 8,051 |  |  |  | 10,590 |  |  |  | 10,285 |
Long-term debt |  |  | 360 |  |  |  | 368 |  |  |  | 360 |  |  |  | 340 |
Derivative liabilities |  |  | 825 |  |  |  | 825 |  |  |  | 2,104 |  |  |  | 2,104 |
Financial Guarantees: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gross |  |  | 1,305 |  |  |  | 1,451 |  |  |  | 2,743 |  |  |  | 2,225 |
Ceded |  |  | 104 |  |  |  | 94 |  |  |  | 112 |  |  |  | 48 |
Company's Assets And Liabilities Measured At Fair Value On Recurring Basis |
|  | Fair Value Measurements at Reporting Date Using |  |  |  |
In millions |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |  |  | Counterparty and Cash Collateral Netting |  |  | Balance as of December 31, 2011 |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed-maturity investments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Taxable bonds: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury and government agency |  | $ | 1,038 |  |  | $ | 103 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,141 |
Foreign governments |  |  | 277 |  |  |  | 62 |  |  |  | 11 |  |  |  | — |  |  |  | 350 |
Corporate obligations |  |  | 1 |  |  |  | 1,531 |  |  |  | 206 |  |  |  | — |  |  |  | 1,738 |
Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential mortgage-backed agency |  |  | — |  |  |  | 1,276 |  |  |  | 8 |  |  |  | — |  |  |  | 1,284 |
Residential mortgage-backed non-agency |  |  | — |  |  |  | 350 |  |  |  | 17 |  |  |  | — |  |  |  | 367 |
Commercial mortgage-backed |  |  | — |  |  |  | 34 |  |  |  | 24 |  |  |  | — |  |  |  | 58 |
Asset-backed securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Collateralized debt obligations |  |  | — |  |  |  | 78 |  |  |  | 60 |  |  |  | — |  |  |  | 138 |
Other asset-backed |  |  | — |  |  |  | 130 |  |  |  | 318 |  |  |  | — |  |  |  | 448 |
State and municipal bonds |  |  | — |  |  |  | 924 |  |  |  | — |  |  |  | — |  |  |  | 924 |
Total taxable bonds |  |  | 1,316 |  |  |  | 4,488 |  |  |  | 644 |  |  |  | — |  |  |  | 6,448 |
Tax exempt bonds: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
State and municipal bonds |  |  | — |  |  |  | 1,137 |  |  |  | 28 |  |  |  | — |  |  |  | 1,165 |
Other fixed-maturity investments |  |  | — |  |  |  | 15 |  |  |  | — |  |  |  | — |  |  |  | 15 |
Total fixed-maturity investments |  |  | 1,316 |  |  |  | 5,640 |  |  |  | 672 |  |  |  | — |  |  |  | 7,628 |
Money market securities |  |  | 912 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 912 |
Perpetual preferred securities |  |  | — |  |  |  | 106 |  |  |  | 1 |  |  |  | — |  |  |  | 107 |
Other |  |  | 25 |  |  |  | — |  |  |  | 10 |  |  |  | — |  |  |  | 35 |
Total |  |  | 2,253 |  |  |  | 5,746 |  |  |  | 683 |  |  |  | — |  |  |  | 8,682 |
Derivative assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-insured derivative assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit derivatives |  |  | — |  |  |  | 1 |  |  |  | — |  |  |  | — |  |  |  | 1 |
Interest rate derivatives |  |  | — |  |  |  | 91 |  |  |  | 3 |  |  |  | — |  |  |  | 94 |
Other |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (93 | ) |  |  | (93 | )
Total derivative assets |  |  | — |  |  |  | 92 |  |  |  | 3 |  |  |  | (93 | ) |  |  | 2 |
|  | Fair Value Measurements at Reporting Date Using |  |  |  |
In millions |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |  |  | Counterparty and Cash Collateral Netting |  |  | Balance as of December 31, 2011 |
Assets of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate obligations |  |  | — |  |  |  | 170 |  |  |  | 69 |  |  |  | — |  |  |  | 239 |
Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential mortgage-backed agency |  |  | — |  |  |  | 3 |  |  |  | — |  |  |  | — |  |  |  | 3 |
Residential mortgage-backed non-agency |  |  | — |  |  |  | 1,437 |  |  |  | 21 |  |  |  | — |  |  |  | 1,458 |
Commercial mortgage-backed |  |  | — |  |  |  | 559 |  |  |  | 22 |  |  |  | — |  |  |  | 581 |
Asset-backed securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Collateralized debt obligations |  |  | — |  |  |  | 330 |  |  |  | 203 |  |  |  | — |  |  |  | 533 |
Other asset-backed |  |  | — |  |  |  | 236 |  |  |  | 67 |  |  |  | — |  |  |  | 303 |
Total fixed maturity securities at fair value |  |  | — |  |  |  | 2,735 |  |  |  | 382 |  |  |  | — |  |  |  | 3,117 |
Money market securities |  |  | 199 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 199 |
Loans receivable |  |  | — |  |  |  | — |  |  |  | 2,046 |  |  |  | — |  |  |  | 2,046 |
Loan repurchase commitments |  |  | — |  |  |  | — |  |  |  | 1,077 |  |  |  | — |  |  |  | 1,077 |
Derivative assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit derivatives |  |  | — |  |  |  | — |  |  |  | 447 |  |  |  | — |  |  |  | 447 |
Interest rate derivatives |  |  | — |  |  |  | 3 |  |  |  | — |  |  |  | — |  |  |  | 3 |
Total assets |  | $ | 2,452 |  |  | $ | 8,576 |  |  | $ | 4,638 |  |  | $ | (93 | ) |  | $ | 15,573 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Medium-term notes |  | $ | — |  |  | $ | — |  |  | $ | 165 |  |  | $ | — |  |  | $ | 165 |
Derivative liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Insured derivatives: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit derivatives |  |  | — |  |  |  | 18 |  |  |  | 4,790 |  |  |  | — |  |  |  | 4,808 |
Non-insured derivatives: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate derivatives |  |  | — |  |  |  | 445 |  |  |  | — |  |  |  | — |  |  |  | 445 |
Currency derivatives |  |  | — |  |  |  | 4 |  |  |  | — |  |  |  | — |  |  |  | 4 |
Other |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (93 | ) |  |  | (93 | )
Other liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Warrants |  |  | — |  |  |  | 38 |  |  |  | — |  |  |  | — |  |  |  | 38 |
Liabilities of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Variable interest entity notes |  |  | — |  |  |  | 1,865 |  |  |  | 2,889 |  |  |  | — |  |  |  | 4,754 |
Derivative liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit derivatives |  |  | — |  |  |  | — |  |  |  | 527 |  |  |  | — |  |  |  | 527 |
Interest rate derivatives |  |  | — |  |  |  | 281 |  |  |  | — |  |  |  | — |  |  |  | 281 |
Currency derivatives |  |  | — |  |  |  | — |  |  |  | 17 |  |  |  | — |  |  |  | 17 |
Total liabilities |  | $ | — |  |  | $ | 2,651 |  |  | $ | 8,388 |  |  | $ | (93 | ) |  | $ | 10,946 |
|  | Fair Value Measurements at Reporting Date Using |  |  |  |
In millions |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |  |  | Counterparty and Cash Collateral Netting |  |  | Balance as of December 31, 2010 |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed-maturity investments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Taxable bonds: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury and government agency |  | $ | 915 |  |  | $ | 149 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,064 |
Foreign governments |  |  | 409 |  |  |  | 49 |  |  |  | 11 |  |  |  | — |  |  |  | 469 |
Corporate obligations |  |  | — |  |  |  | 2,602 |  |  |  | 246 |  |  |  | — |  |  |  | 2,848 |
Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential mortgage-backed agency |  |  | — |  |  |  | 1,548 |  |  |  | 41 |  |  |  | — |  |  |  | 1,589 |
Residential mortgage-backed non-agency |  |  | — |  |  |  | 414 |  |  |  | 48 |  |  |  | — |  |  |  | 462 |
Commercial mortgage-backed |  |  | — |  |  |  | 120 |  |  |  | 41 |  |  |  | — |  |  |  | 161 |
Asset-backed securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Collateralized debt obligations |  |  | — |  |  |  | 108 |  |  |  | 191 |  |  |  | — |  |  |  | 299 |
Other asset-backed |  |  | — |  |  |  | 310 |  |  |  | 350 |  |  |  | — |  |  |  | 660 |
State and municipal bonds |  |  | — |  |  |  | 738 |  |  |  | 14 |  |  |  | — |  |  |  | 752 |
Total taxable bonds |  |  | 1,324 |  |  |  | 6,038 |  |  |  | 942 |  |  |  | — |  |  |  | 8,304 |
Tax exempt bonds: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
State and municipal bonds |  |  | — |  |  |  | 2,787 |  |  |  | 36 |  |  |  | — |  |  |  | 2,823 |
Other fixed-maturity investments |  |  | 13 |  |  |  | 19 |  |  |  | — |  |  |  | — |  |  |  | 32 |
Total fixed-maturity investments |  |  | 1,337 |  |  |  | 8,844 |  |  |  | 978 |  |  |  | — |  |  |  | 11,159 |
Money market securities |  |  | 553 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 553 |
Perpetual preferred securities |  |  | — |  |  |  | 192 |  |  |  | — |  |  |  | — |  |  |  | 192 |
Other |  |  | 16 |  |  |  | 5 |  |  |  | — |  |  |  | — |  |  |  | 21 |
Total |  |  | 1,906 |  |  |  | 9,041 |  |  |  | 978 |  |  |  | — |  |  |  | 11,925 |
Derivative assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Non-insured derivative assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit derivatives |  |  | — |  |  |  | 3 |  |  |  | — |  |  |  | — |  |  |  | 3 |
Interest rate derivatives |  |  | — |  |  |  | 57 |  |  |  | 5 |  |  |  | — |  |  |  | 62 |
Other |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (61 | ) |  |  | (61 | )
Total derivative assets |  |  | — |  |  |  | 60 |  |  |  | 5 |  |  |  | (61 | ) |  |  | 4 |
|  | Fair Value Measurements at Reporting Date Using |  |  |  |
In millions |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |  |  | Counterparty and Cash Collateral Netting |  |  | Balance as of December 31, 2010 |
Assets of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury and government agency |  |  | 4 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 4 |
Corporate obligations |  |  | 7 |  |  |  | 360 |  |  |  | 82 |  |  |  | — |  |  |  | 449 |
Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential mortgage-backed agency |  |  | — |  |  |  | 37 |  |  |  | — |  |  |  | — |  |  |  | 37 |
Residential mortgage-backed non-agency |  |  | — |  |  |  | 2,706 |  |  |  | 40 |  |  |  | — |  |  |  | 2,746 |
Commercial mortgage-backed |  |  | — |  |  |  | 907 |  |  |  | 23 |  |  |  | — |  |  |  | 930 |
Asset-backed securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Collateralized debt obligations |  |  | — |  |  |  | 583 |  |  |  | 245 |  |  |  | — |  |  |  | 828 |
Other asset-backed |  |  | — |  |  |  | 352 |  |  |  | 81 |  |  |  | — |  |  |  | 433 |
State and municipal taxable and tax-exempt bonds |  |  | — |  |  |  | 4 |  |  |  | — |  |  |  | — |  |  |  | 4 |
Total fixed maturity securities at fair value |  |  | 11 |  |  |  | 4,949 |  |  |  | 471 |  |  |  | — |  |  |  | 5,431 |
Money market securities |  |  | 150 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 150 |
Loans receivable |  |  | — |  |  |  | — |  |  |  | 2,183 |  |  |  | — |  |  |  | 2,183 |
Loan repurchase commitments |  |  | — |  |  |  | — |  |  |  | 835 |  |  |  | — |  |  |  | 835 |
Derivative assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit derivatives |  |  | — |  |  |  | — |  |  |  | 687 |  |  |  | — |  |  |  | 687 |
Interest rate derivatives |  |  | — |  |  |  | 12 |  |  |  | — |  |  |  | — |  |  |  | 12 |
Total assets |  | $ | 2,067 |  |  | $ | 14,062 |  |  | $ | 5,159 |  |  | $ | (61 | ) |  | $ | 21,227 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Medium-term notes |  | $ | — |  |  | $ | — |  |  | $ | 116 |  |  | $ | — |  |  | $ | 116 |
Derivative liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Insured derivatives: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit derivatives |  |  | — |  |  |  | 25 |  |  |  | 4,350 |  |  |  | — |  |  |  | 4,375 |
Non-insured derivatives: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate derivatives |  |  | — |  |  |  | 297 |  |  |  | — |  |  |  | — |  |  |  | 297 |
Currency derivatives |  |  | — |  |  |  | 6 |  |  |  | — |  |  |  | — |  |  |  | 6 |
Other |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (61 | ) |  |  | (61 | )
Other liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Warrants |  |  | — |  |  |  | 58 |  |  |  | — |  |  |  | — |  |  |  | 58 |
Liabilities of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Variable interest entity notes |  |  | — |  |  |  | 2,007 |  |  |  | 4,673 |  |  |  | — |  |  |  | 6,680 |
Derivative liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Credit derivatives |  |  | — |  |  |  | — |  |  |  | 1,455 |  |  |  | — |  |  |  | 1,455 |
Interest rate derivatives |  |  | — |  |  |  | 635 |  |  |  | — |  |  |  | — |  |  |  | 635 |
Currency derivatives |  |  | — |  |  |  | — |  |  |  | 14 |  |  |  | — |  |  |  | 14 |
Total liabilities |  | $ | — |  |  | $ | 3,028 |  |  | $ | 10,608 |  |  | $ | (61 | ) |  | $ | 13,575 |
Changes In Level 3 Assets And Liabilities Measured At Fair Value On A Recurring Basis |
In millions |  | Balance, Beginning of Year |  |  | Realized Gains / (Losses) |  |  | Unrealized Gains / (Losses) Included in Earnings |  |  | Unrealized Gains / (Losses) Included in OCI |  |  | Foreign Exchange Recognized in OCI or Earnings |  |  | Purchases |  |  | Issuances |  |  | Settlements |  |  | Sales |  |  | Transfers into Level 3(1) |  |  | Transfers out of Level 3(1) |  |  | Ending Balance |  |  | Change in Unrealized Gains (Losses) for the Period Included in Earnings for Assets still held as of December 31, 2011 |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign governments |  | $ | 11 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (7 | ) |  | $ | 13 |  |  | $ | — |  |  | $ | (5 | ) |  | $ | (1 | ) |  | $ | 7 |  |  | $ | (7 | ) |  | $ | 11 |  |  | $ | — |
Corporate obligations |  |  | 246 |  |  |  | (4 | ) |  |  | — |  |  |  | (8 | ) |  |  | 7 |  |  |  | 20 |  |  |  | — |  |  |  | (127 | ) |  |  | (62 | ) |  |  | 166 |  |  |  | (32 | ) |  |  | 206 |  |  |  | — |
Residential mortgage-backed agency |  |  | 41 |  |  |  | — |  |  |  | — |  |  |  | 1 |  |  |  | — |  |  |  | 2 |  |  |  | — |  |  |  | (1 | ) |  |  | (2 | ) |  |  | 8 |  |  |  | (41 | ) |  |  | 8 |  |  |  | — |
Residential mortgage-backed non-agency |  |  | 48 |  |  |  | (2 | ) |  |  | — |  |  |  | 10 |  |  |  | 2 |  |  |  | 12 |  |  |  | — |  |  |  | (22 | ) |  |  | (18 | ) |  |  | 10 |  |  |  | (23 | ) |  |  | 17 |  |  |  | — |
Commercial mortgage-backed |  |  | 41 |  |  |  | (2 | ) |  |  | — |  |  |  | — |  |  |  | 1 |  |  |  | 9 |  |  |  | — |  |  |  | (3 | ) |  |  | (21 | ) |  |  | — |  |  |  | (1 | ) |  |  | 24 |  |  |  | — |
Collateralized debt obligations |  |  | 191 |  |  |  | (4 | ) |  |  | — |  |  |  | 25 |  |  |  | 2 |  |  |  | 6 |  |  |  | 3 |  |  |  | (121 | ) |  |  | 4 |  |  |  | 50 |  |  |  | (96 | ) |  |  | 60 |  |  |  | — |
Other asset-backed |  |  | 350 |  |  |  | — |  |  |  | — |  |  |  | (30 | ) |  |  | — |  |  |  | 9 |  |  |  | — |  |  |  | (22 | ) |  |  | (2 | ) |  |  | 78 |  |  |  | (65 | ) |  |  | 318 |  |  |  | — |
State and municipal taxable bonds |  |  | 14 |  |  |  | 1 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (15 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
State and municipal tax-exempt bonds |  |  | 36 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2 |  |  |  | — |  |  |  | (9 | ) |  |  | (1 | ) |  |  | — |  |  |  | — |  |  |  | 28 |  |  |  | — |
Perpetual preferred securities |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1 |  |  |  | — |  |  |  | 1 |  |  |  | — |
Other investments |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 10 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 10 |  |  |  | — |
Assets of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate obligations |  |  | 82 |  |  |  | — |  |  |  | (17 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (6 | ) |  |  | — |  |  |  | 17 |  |  |  | (7 | ) |  |  | 69 |  |  |  | (2 | )
Residential mortgage-backed non-agency |  |  | 40 |  |  |  | — |  |  |  | (3 | ) |  |  | 3 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (6 | ) |  |  | (6 | ) |  |  | 13 |  |  |  | (20 | ) |  |  | 21 |  |  |  | — |
Commercial mortgage-backed |  |  | 23 |  |  |  | — |  |  |  | 9 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (2 | ) |  |  | (13 | ) |  |  | 7 |  |  |  | (2 | ) |  |  | 22 |  |  |  | 3 |
Collateralized debt obligations |  |  | 245 |  |  |  | — |  |  |  | (25 | ) |  |  | (7 | ) |  |  | — |  |  |  | 60 |  |  |  | — |  |  |  | (7 | ) |  |  | (39 | ) |  |  | 71 |  |  |  | (95 | ) |  |  | 203 |  |  |  | 5 |
Other asset-backed |  |  | 81 |  |  |  | — |  |  |  | (10 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (2 | ) |  |  | (19 | ) |  |  | 19 |  |  |  | (2 | ) |  |  | 67 |  |  |  | (4 | )
Loans receivable |  |  | 2,183 |  |  |  | — |  |  |  | 132 |  |  |  | — |  |  |  | — |  |  |  | 24 |  |  |  | — |  |  |  | (291 | ) |  |  | (2 | ) |  |  | — |  |  |  | — |  |  |  | 2,046 |  |  |  | 132 |
Loan repurchase commitments |  |  | 835 |  |  |  | — |  |  |  | 230 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 12 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,077 |  |  |  | 230 |
Total assets |  | $ | 4,467 |  |  | $ | (11 | ) |  | $ | 316 |  |  | $ | (6 | ) |  | $ | 5 |  |  | $ | 167 |  |  | $ | 15 |  |  | $ | (639 | ) |  | $ | (182 | ) |  | $ | 447 |  |  | $ | (391 | ) |  | $ | 4,188 |  |  | $ | 364 |
In millions |  | Balance, Beginning of Year |  |  | Realized (Gains) / Losses |  |  | Unrealized (Gains) / Losses Included in Earnings |  |  | Unrealized (Gains) / Losses Included in OCI |  |  | Foreign Exchange Recognized in OCI or Earnings |  |  | Purchases |  |  | Issuances |  |  | Settlements |  |  | Sales |  |  | Transfers into Level 3(1) |  |  | Transfers out of Level 3(1) |  |  | Ending Balance |  |  | Change in Unrealized (Gains) Losses for the Period Included in Earnings for Liabilities still held as of December 31, 2011 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Medium-term notes |  | $ | 116 |  |  | $ | — |  |  | $ | 78 |  |  | $ | — |  |  | $ | (4 | ) |  | $ | — |  |  | $ | — |  |  | $ | (25 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 165 |  |  | $ | 78 |
Credit derivatives, net |  |  | 4,350 |  |  |  | 2,477 |  |  |  | 440 |  |  |  | — |  |  |  | — |  |  |  | (8 | ) |  |  | — |  |  |  | (2,477 | ) |  |  | — |  |  |  | 8 |  |  |  | — |  |  |  | 4,790 |  |  |  | 2,702 |
Interest rate derivatives, net |  |  | (5 | ) |  |  | — |  |  |  | 1 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1 |  |  |  | — |  |  |  | (3 | ) |  |  | 12 |
Liabilities of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
VIE notes |  |  | 4,673 |  |  |  | — |  |  |  | 94 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (554 | ) |  |  | (1,324 | ) |  |  | — |  |  |  | — |  |  |  | 2,889 |  |  |  | 94 |
Credit derivatives, net |  |  | 768 |  |  |  | — |  |  |  | (11 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (677 | ) |  |  | — |  |  |  | — |  |  |  | 80 |  |  |  | (80 | )
Currency derivatives, net |  |  | 14 |  |  |  | — |  |  |  | 3 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 17 |  |  |  | 3 |
Total liabilities |  | $ | 9,916 |  |  | $ | 2,477 |  |  | $ | 605 |  |  | $ | — |  |  | $ | (4 | ) |  | $ | (8 | ) |  | $ | — |  |  | $ | (3,056 | ) |  | $ | (2,001 | ) |  | $ | 9 |  |  | $ | — |  |  | $ | 7,938 |  |  | $ | 2,809 |
(1) | Transferred in and out at the end of the period.
Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended December 31, 2010
In millions |  | Balance, Beginning of Year |  |  | Realized Gains / (Losses) |  |  | Unrealized Gains / (Losses) Included in Earnings |  |  | Unrealized Gains / (Losses) Included in OCI |  |  | Foreign Exchange Recognized in OCI or Earnings |  |  | Purchases, Issuances and Settlements, net |  |  | Transfers into Level 3(1) |  |  | Transfers out of Level 3(1) |  |  | Ending Balance |  |  | Change in Unrealized Gains (Losses) for the Period Included in Earnings for Assets still held as of December 31, 2010 |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury and government agency |  | $ | 6 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 21 |  |  | $ | — |  |  | $ | (27 | ) |  | $ | — |  |  | $ | — |
Foreign governments |  |  | 12 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1 |  |  |  | 5 |  |  |  | — |  |  |  | (7 | ) |  |  | 11 |  |  |  | — |
Corporate obligations |  |  | 358 |  |  |  | (1 | ) |  |  | — |  |  |  | 54 |  |  |  | (2 | ) |  |  | (158 | ) |  |  | 81 |  |  |  | (86 | ) |  |  | 246 |  |  |  | — |
Residential mortgage-backed agency |  |  | 48 |  |  |  | — |  |  |  | — |  |  |  | 3 |  |  |  | — |  |  |  | (6 | ) |  |  | 41 |  |  |  | (45 | ) |  |  | 41 |  |  |  | — |
Residential mortgage-backed non-agency |  |  | 64 |  |  |  | (3 | ) |  |  | — |  |  |  | 38 |  |  |  | — |  |  |  | (22 | ) |  |  | 53 |  |  |  | (82 | ) |  |  | 48 |  |  |  | — |
Commercial mortgage-backed |  |  | 43 |  |  |  | — |  |  |  | — |  |  |  | 3 |  |  |  | (1 | ) |  |  | (4 | ) |  |  | 2 |  |  |  | (2 | ) |  |  | 41 |  |  |  | — |
Collateralized debt obligations |  |  | 245 |  |  |  | (14 | ) |  |  | — |  |  |  | 74 |  |  |  | — |  |  |  | (100 | ) |  |  | 142 |  |  |  | (156 | ) |  |  | 191 |  |  |  | — |
Other asset-backed |  |  | 379 |  |  |  | — |  |  |  | — |  |  |  | 22 |  |  |  | — |  |  |  | (55 | ) |  |  | 32 |  |  |  | (28 | ) |  |  | 350 |  |  |  | — |
State and municipal taxable bonds |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 14 |  |  |  | — |  |  |  | — |  |  |  | 14 |  |  |  | — |
State and municipal tax-exempt bonds |  |  | 50 |  |  |  | — |  |  |  | — |  |  |  | 1 |  |  |  | — |  |  |  | (15 | ) |  |  | — |  |  |  | — |  |  |  | 36 |  |  |  | — |
Other fixed-maturity investments |  |  | 19 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (19 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Assets of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate obligations |  |  | — |  |  |  | — |  |  |  | 6 |  |  |  | — |  |  |  | — |  |  |  | 83 |  |  |  | 3 |  |  |  | (10 | ) |  |  | 82 |  |  |  | (19 | )
Residential mortgage-backed non-agency |  |  | 166 |  |  |  | (1 | ) |  |  | (2 | ) |  |  | 3 |  |  |  | — |  |  |  | (122 | ) |  |  | 25 |  |  |  | (29 | ) |  |  | 40 |  |  |  | 4 |
Commercial mortgage-backed |  |  | 3 |  |  |  | — |  |  |  | 19 |  |  |  | — |  |  |  | — |  |  |  | 23 |  |  |  | 2 |  |  |  | (24 | ) |  |  | 23 |  |  |  | (1 | )
Collateralized debt obligations |  |  | 42 |  |  |  | — |  |  |  | (71 | ) |  |  | — |  |  |  | — |  |  |  | 272 |  |  |  | 9 |  |  |  | (7 | ) |  |  | 245 |  |  |  | 8 |
Other asset-backed |  |  | 193 |  |  |  | — |  |  |  | 97 |  |  |  | — |  |  |  | — |  |  |  | (150 | ) |  |  | — |  |  |  | (59 | ) |  |  | 81 |  |  |  | 3 |
Loans receivable |  |  | — |  |  |  | — |  |  |  | 36 |  |  |  | — |  |  |  | 21 |  |  |  | 2,126 |  |  |  | — |  |  |  | — |  |  |  | 2,183 |  |  |  | 36 |
Loan repurchase commitments |  |  | — |  |  |  | — |  |  |  | 120 |  |  |  | — |  |  |  | — |  |  |  | 715 |  |  |  | — |  |  |  | — |  |  |  | 835 |  |  |  | 120 |
Total assets |  | $ | 1,628 |  |  | $ | (19 | ) |  | $ | 205 |  |  | $ | 198 |  |  | $ | 19 |  |  | $ | 2,608 |  |  | $ | 390 |  |  | $ | (562 | ) |  | $ | 4,467 |  |  | $ | 151 |
In millions |  | Balance, Beginning of Year |  |  | Realized Gains / (Losses) |  |  | Unrealized (Gains) / Losses Included in Earnings |  |  | Unrealized Gains / (Losses) Included in OCI |  |  | Foreign Exchange Recognized in OCI or Earnings |  |  | Purchases, Issuances and Settlements, net |  |  | Transfers into Level 3(1) |  |  | Transfers out of Level 3(1) |  |  | Ending Balance |  |  | Change in Unrealized (Gains) Losses for the Period Included in Earnings for Liabilities still held as of December 31, 2010 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Medium-term notes |  | $ | 110 |  |  | $ | — |  |  | $ | 13 |  |  | $ | — |  |  | $ | (7 | ) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 116 |  |  | $ | 13 |
Credit derivatives, net |  |  | 3,799 |  |  |  | 282 |  |  |  | 609 |  |  |  | — |  |  |  | — |  |  |  | (340 | ) |  |  | — |  |  |  | — |  |  |  | 4,350 |  |  |  | 1,338 |
Interest rate derivatives, net |  |  | (6 | ) |  |  | (8 | ) |  |  | 5 |  |  |  | — |  |  |  | 4 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (5 | ) |  |  | 3 |
Currency derivatives, net |  |  | (3 | ) |  |  | — |  |  |  | 5 |  |  |  | — |  |  |  | (2 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Liabilities of consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
VIE notes |  |  | — |  |  |  | — |  |  |  | 522 |  |  |  | — |  |  |  | 39 |  |  |  | 4,112 |  |  |  | — |  |  |  | — |  |  |  | 4,673 |  |  |  | 522 |
Credit derivatives, net |  |  | — |  |  |  | — |  |  |  | 23 |  |  |  | — |  |  |  | — |  |  |  | 745 |  |  |  | — |  |  |  | — |  |  |  | 768 |  |  |  | 24 |
Currency derivatives, net |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 14 |  |  |  | — |  |  |  | — |  |  |  | 14 |  |  |  | — |
Total liabilities |  | $ | 3,900 |  |  | $ | 274 |  |  | $ | 1,177 |  |  | $ | — |  |  | $ | 34 |  |  | $ | 4,531 |  |  | $ | — |  |  | $ | — |  |  | $ | 9,916 |  |  | $ | 1,900 |
(1)—Transferred in and out at the end of the period.
Gains And Losses (Realized And Unrealized) Included In Earnings Pertaining To Level 3 Assets And Liabilities |
|  | Year Ended December 31, 2011 |
|  |  |  |  |  |  |  |  |  |  | Consolidated VIEs |
In millions |  | Unrealized Gains (Losses) on Insured Derivatives |  |  | Net Realized Gains (Losses) |  |  | Net Gains (Losses) on Financial Instruments at Fair Value and Foreign Exchange |  |  | Net Realized Gains (Losses) |  |  | Net Gains (Losses) on Financial Instruments at Fair Value and Foreign Exchange |
Total gains (losses) included in earnings |  | $ | (440) |  |  | $ | (2,488) |  |  | $ | (75) |  |  | $ | — |  |  | $ | 230 |
Change in unrealized gains (losses) for the period included in earnings for assets and liabilities still held as of December 31, 2011 |  | $ | (2,702) |  |  | $ | — |  |  | $ | (86) |  |  | $ | — |  |  | $ | 347 |
|  | Year Ended December 31, 2010 |
|  |  |  |  |  |  |  |  |  |  | Consolidated VIEs |
In millions |  | Unrealized Gains (Losses) on Insured Derivatives |  |  | Net Realized Gains (Losses) |  |  | Net Gains (Losses) on Financial Instruments at Fair Value and Foreign Exchange |  |  | Net Realized Gains (Losses) |  |  | Net Gains (Losses) on Financial Instruments at Fair Value and Foreign Exchange |
Total gains (losses) included in earnings |  | $ | (609) |  |  | $ | (282) |  |  | $ | (11) |  |  | $ | — |  |  | $ | (340) |
Change in unrealized gains (losses) for the period included in earnings for assets and liabilities still held as of December 31, 2010 |  | $ | (1,338) |  |  | $ | — |  |  | $ | (3) |  |  | $ | — |  |  | $ | (395) |
|  | Year Ended December 31, 2009 |
|  |  |  |  |  |  |  |  |  |  | Consolidated VIEs |
In millions |  | Unrealized Gains (Losses) on Insured Derivatives |  |  | Net Realized Gains (Losses) |  |  | Net Gains (Losses) on Financial Instruments at Fair Value and Foreign Exchange |  |  | Net Realized Gains (Losses) |  |  | Net Gains (Losses) on Financial Instruments at Fair Value and Foreign Exchange |
Total gains (losses) included in earnings |  | $ | 1,380 |  |  | $ | 146 |  |  | $ | (11) |  |  | $ | — |  |  | $ | — |
Change in unrealized gains (losses) for the period included in earnings for assets and liabilities still held as of December 31, 2009 |  | $ | 1,140 |  |  | $ | — |  |  | $ | (11) |  |  | $ | — |  |  | $ | — |
Changes In Fair Value Included In The Company's Consolidated Income Statements |
|  | Net Gains (Losses) on Financial Instruments at Fair Value and Foreign Exchange |
In millions |  | 2011 |  |  | 2010 |
Fixed-maturity securities held at fair value |  | $ | (484 | ) |  | $ | 374 |
Loans receivable at fair value: |  |  |  |  |  |  |  |
Residential mortgage loans |  |  | (143 | ) |  |  | 295 |
Other loans |  |  | (19 | ) |  |  | (26 | )
Loan repurchase commitments |  |  | 242 |  |  |  | 336 |
Other assets |  |  | — |  |  |  | 26 |
Long-term debt |  |  | 594 |  |  |  | (661 | )
Aggregate Fair Value And The Aggregate Remaining Contractual Principal Balance Outstanding |
|  | As of December 31, |
|  | 2011 |  |  | 2010 |
In millions |  | Contractual Outstanding Principal |  |  | Fair Value |  |  | Difference |  |  | Contractual Outstanding Principal |  |  | Fair Value |  |  | Difference |
Loans receivable at fair value: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential mortgage loans |  | $ | 2,769 |  |  | $ | 1,895 |  |  | $ | 874 |  |  | $ | 3,334 |  |  | $ | 2,014 |  |  | $ | 1,320 |
Residential mortgage loans (90 days or more past due) |  |  | 259 |  |  |  | — |  |  |  | 259 |  |  |  | 243 |  |  |  | — |  |  |  | 243 |
Other loans |  |  | 129 |  |  |  | 43 |  |  |  | 86 |  |  |  | 412 |  |  |  | 124 |  |  |  | 288 |
Other loans (90 days or more past due) |  |  | 324 |  |  |  | 108 |  |  |  | 216 |  |  |  | 149 |  |  |  | 45 |  |  |  | 104 |
Total loans receivable at fair value |  | $ | 3,481 |  |  | $ | 2,046 |  |  | $ | 1,435 |  |  | $ | 4,138 |  |  | $ | 2,183 |  |  | $ | 1,955 |
Long-term debt |  | $ | 13,583 |  |  | $ | 4,754 |  |  | $ | 8,829 |  |  | $ | 17,217 |  |  | $ | 6,680 |  |  | $ | 10,537 |

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- Definition This element represents, for the fair value measurement of assets and liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issuances, and settlements (net); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs). + References No definition available. + Details
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- Definition Tabular disclosure of the total amount of gains or losses for the period which are included in earnings or resulted in a change to net assets which gains or losses have arisen from the use of significant unobservable inputs (Level 3) to measure the fair value of assets and liabilities. Such gains or losses are attributable to the change in unrealized gains or losses relating to those assets and liabilities so valued which are still held at the reporting date and which change are also considered for disclosure; it may be expected that a description of where those unrealized gains or losses are reported in the statement of income or the statement of financial position would also be disclosed. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 32 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 32 -Subparagraph c(1) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1),(d) -URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13433-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 107 -Paragraph 14 -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 107 -Paragraph 15 -Subparagraph b-d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13476-108611 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 107 -Paragraph 10 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13467-108611 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 159 -Paragraph 18 -Subparagraph c(2), d, e, f -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 32 -Subparagraph a, c(1), c(2), c(3), d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 159 -Paragraph 19 -Subparagraph a, b, c(1), d(1) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition Tabular disclosure of the fair value measurement of assets and liabilities which includes [financial] instruments measured at fair value that are classified in stockholders' equity. Such assets and liabilities may be measured on a recurring or nonrecurring basis. The disclosures which may be required or desired include: (1) for assets and liabilities measured on a recurring basis, disclosure may include: (a) the fair value measurements at the reporting date; (b) the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets or liabilities (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3); (c) for fair value measurements using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (i) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (ii) purchases, sales, issuances, and settlements (net); (iii) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs); (d) the amount of the total gains or losses for the period in subparagraph (c) (i) above included in earnings (or changes in net assets) that are attributable to the change in unrealized gains or losses relating to those assets and liabilities still held at the reporting date and a description of where those unrealized gains or losses are reported in the statement of income (or activities); (e) the valuation technique(s) used to measure fair value and a discussion of changes in valuation techniques, if any, during the period and (2) for assets and liabilities that are measured at fair value on a nonrecurring basis (for example, impaired assets) disclosure may include, in addition to (a) above: (a) the reasons for the fair value measurements recorded; (b) the same as (b) above; (c) for fair value measurements using significant unobservable inputs (Level 3), a description of the inputs and the information used to develop the inputs; and (d) the valuation technique(s) used to measure fair value and a discussion of changes, if any, in the valuation technique(s) used to measure similar assets and/or liabilities in prior periods. 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