10-Q Filing

ASSURED GUARANTY LTD CIK: 1273813 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001273813-14-000056`
Period End Date	20140930
Filing Date	20141107
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	ago-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 108 Cash Flow Statement 46 Stockholders Equity 19 Comprehensive Income 48

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Fixed maturity securities, available-for-sale, at fair value	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$9.49B	USD	Point-in-time
Fixed maturity securities, available-for-sale, at fair value	`AvailableForSaleDebtSecuritiesAmortizedCostBasis`	$10.02B	USD	Point-in-time
Common stock Par Value (per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock Par Value (per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Fixed-maturity securities, available-for-sale, at fair value (amortized cost of $10,019 and $9,488)	`AvailableForSaleSecuritiesDebtSecurities`	$9.71B	USD	Point-in-time
Fixed-maturity securities, available-for-sale, at fair value (amortized cost of $10,019 and $9,488)	`AvailableForSaleSecuritiesDebtSecurities`	$10.48B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Short-term investments, at fair value	`ShortTermInvestments`	$837.00M	USD	Point-in-time
Short-term investments, at fair value	`ShortTermInvestments`	$904.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	164.58M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	182.18M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	182.18M	shares	Point-in-time
Other invested assets	`OtherInvestments`	$127.00M	USD	Point-in-time
Other invested assets	`OtherInvestments`	$170.00M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	164.58M	shares	Point-in-time
Accumulated other comprehensive income, tax provision	`DeferredTaxLiabilitiesOtherComprehensiveIncome`	$148.00M	USD	Point-in-time
Total investment portfolio	`Investments`	$11.45B	USD	Point-in-time
Total investment portfolio	`Investments`	$10.79B	USD	Point-in-time
Accumulated other comprehensive income, tax provision	`DeferredTaxLiabilitiesOtherComprehensiveIncome`	$71.00M	USD	Point-in-time
Cash	`Cash`	$82.00M	USD	Point-in-time
Cash	`Cash`	$138.00M	USD	Point-in-time
Deferred equity compensation, shares	`DeferredCompensationEquityShare`	320,193.00	shares	Point-in-time
Deferred equity compensation, shares	`DeferredCompensationEquityShare`	320,193.00	shares	Point-in-time
Cash	`Cash`	$106.00M	USD	Point-in-time
Cash	`Cash`	$184.00M	USD	Point-in-time
Premiums receivable, net of commissions payable	`PremiumsReceivableAtCarryingValue`	$1.00B	USD	Point-in-time
Premiums receivable, net of commissions payable	`PremiumsReceivableAtCarryingValue`	$876.00M	USD	Point-in-time
Premiums receivable, net of commissions payable	`PremiumsReceivableAtCarryingValue`	$906.00M	USD	Point-in-time
Premiums receivable, net of commissions payable	`PremiumsReceivableAtCarryingValue`	$801.00M	USD	Point-in-time
Ceded unearned premium reserve	`PrepaidReinsurancePremiums`	$420.00M	USD	Point-in-time
Ceded unearned premium reserve	`PrepaidReinsurancePremiums`	$452.00M	USD	Point-in-time
Deferred acquisition costs	`DeferredPolicyAcquisitionCosts`	$124.00M	USD	Point-in-time
Deferred acquisition costs	`DeferredPolicyAcquisitionCosts`	$120.00M	USD	Point-in-time
Reinsurance recoverable on unpaid losses	`ReinsuranceRecoverableOnUnpaidLosses`	$56.00M	USD	Point-in-time
Reinsurance recoverable on unpaid losses	`ReinsuranceRecoverableOnUnpaidLosses`	$36.00M	USD	Point-in-time
Salvage and subrogation recoverable	`SalvageRecoverableAsset`	$174.00M	USD	Point-in-time
Salvage and subrogation recoverable	`SalvageRecoverableAsset`	$294.00M	USD	Point-in-time
Credit derivative assets	`CreditRiskDerivativeAssetsAtFairValue`	$86.00M	USD	Point-in-time
Credit derivative assets	`CreditRiskDerivativeAssetsAtFairValue`	$94.00M	USD	Point-in-time
Deferred tax asset, net	`DeferredTaxAssetsNet`	$474.00M	USD	Point-in-time
Deferred tax asset, net	`DeferredTaxAssetsNet`	$688.00M	USD	Point-in-time
Financial guaranty variable interest entities assets, at fair value	`VariableInterestEntityConsolidatedCarryingAmountAssets`	$2.56B	USD	Point-in-time
Financial guaranty variable interest entities assets, at fair value	`VariableInterestEntityConsolidatedCarryingAmountAssets`	$1.30B	USD	Point-in-time
Other assets	`OtherAssets`	$291.00M	USD	Point-in-time
Other assets	`OtherAssets`	$309.00M	USD	Point-in-time
Total assets	`Assets`	$15.37B	USD	Point-in-time
Total assets	`Assets`	$16.29B	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$4.59B	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$4.26B	USD	Point-in-time
Loss and loss adjustment expense reserve	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$760.00M	USD	Point-in-time
Loss and loss adjustment expense reserve	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$592.00M	USD	Point-in-time
Reinsurance balances payable, net	`ReinsurancePayable`	$148.00M	USD	Point-in-time
Reinsurance balances payable, net	`ReinsurancePayable`	$148.00M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$816.00M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$1.30B	USD	Point-in-time
Credit derivative liabilities	`CreditRiskDerivativeLiabilitiesAtFairValue`	$1.65B	USD	Point-in-time
Credit derivative liabilities	`CreditRiskDerivativeLiabilitiesAtFairValue`	$1.79B	USD	Point-in-time
Current income tax payable	`AccruedIncomeTaxesCurrent`	$44.00M	USD	Point-in-time
Current income tax payable	`AccruedIncomeTaxesCurrent`	$40.00M	USD	Point-in-time
Financial guaranty variable interest entities liabilities with recourse, at fair value	`FinancialGuarantyVariableInterestLiabilitiesWithRecourse`	$1.79B	USD	Point-in-time
Financial guaranty variable interest entities liabilities with recourse, at fair value	`FinancialGuarantyVariableInterestLiabilitiesWithRecourse`	$1.33B	USD	Point-in-time
Financial guaranty variable interest entities liabilities without recourse, at fair value	`FinancialGuarantyVariableInterestLiabilitiesWithoutRecourse`	$133.00M	USD	Point-in-time
Financial guaranty variable interest entities liabilities without recourse, at fair value	`FinancialGuarantyVariableInterestLiabilitiesWithoutRecourse`	$1.08B	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$319.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$388.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$11.17B	USD	Point-in-time
Total liabilities	`Liabilities`	$10.02B	USD	Point-in-time
Commitments and contingencies (See Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock ($0.01 par value, 500,000,000 shares authorized; 164,580,427 and 182,177,866 shares issued and outstanding in 2014 and 2013)	`CommonStockValue`	$2.00M	USD	Point-in-time
Common stock ($0.01 par value, 500,000,000 shares authorized; 164,580,427 and 182,177,866 shares issued and outstanding in 2014 and 2013)	`CommonStockValue`	$2.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.04B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.47B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.48B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.98B	USD	Point-in-time
Accumulated other comprehensive income, net of tax of $148 and $71	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$333.00M	USD	Point-in-time
Accumulated other comprehensive income, net of tax of $148 and $71	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$160.00M	USD	Point-in-time
Deferred equity compensation (320,193 and 320,193 shares)	`DeferredCompensationEquity`	$-5.00M	USD	Point-in-time
Deferred equity compensation (320,193 and 320,193 shares)	`DeferredCompensationEquity`	$-5.00M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$5.12B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$5.35B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$15.37B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$16.29B	USD	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
Net earned premiums	`PremiumsEarnedNet`	$412.00M	USD	3 Qtrs
Net earned premiums	`PremiumsEarnedNet`	$570.00M	USD	3 Qtrs
Net earned premiums	`PremiumsEarnedNet`	$144.00M	USD	1 Quarter
Net earned premiums	`PremiumsEarnedNet`	$159.00M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$99.00M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$102.00M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$301.00M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$286.00M	USD	3 Qtrs
Other-than-temporary impairment losses	`OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities`	$17.00M	USD	1 Quarter
Other-than-temporary impairment losses	`OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities`	$47.00M	USD	3 Qtrs
Other-than-temporary impairment losses	`OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities`	$20.00M	USD	3 Qtrs
Other-than-temporary impairment losses	`OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities`	$3.00M	USD	1 Quarter
Less: portion of other-than-temporary impairment loss recognized in other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.00M	USD	1 Quarter
Less: portion of other-than-temporary impairment loss recognized in other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Less: portion of other-than-temporary impairment loss recognized in other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest`	$-9.00M	USD	3 Qtrs
Less: portion of other-than-temporary impairment loss recognized in other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Net impairment loss	`ImpairmentOfInvestments`	$21.00M	USD	1 Quarter
Net impairment loss	`ImpairmentOfInvestments`	$8.00M	USD	1 Quarter
Net impairment loss	`ImpairmentOfInvestments`	$20.00M	USD	3 Qtrs
Net impairment loss	`ImpairmentOfInvestments`	$38.00M	USD	3 Qtrs
Other net realized investment gains (losses)	`GainLossOnSaleOfOtherAssets`	$43.00M	USD	3 Qtrs
Other net realized investment gains (losses)	`GainLossOnSaleOfOtherAssets`	$1.00M	USD	1 Quarter
Other net realized investment gains (losses)	`GainLossOnSaleOfOtherAssets`	$2.00M	USD	1 Quarter
Other net realized investment gains (losses)	`GainLossOnSaleOfOtherAssets`	$13.00M	USD	3 Qtrs
Net realized investment gains (losses)	`RealizedInvestmentGainsLosses`	$-19.00M	USD	1 Quarter
Net realized investment gains (losses)	`RealizedInvestmentGainsLosses`	$-25.00M	USD	3 Qtrs
Net realized investment gains (losses)	`RealizedInvestmentGainsLosses`	$-7.00M	USD	1 Quarter
Net realized investment gains (losses)	`RealizedInvestmentGainsLosses`	$23.00M	USD	3 Qtrs
Realized gains (losses) and other settlements	`RealizedGainsAndOtherSettlements`	$-44.00M	USD	3 Qtrs
Realized gains (losses) and other settlements	`RealizedGainsAndOtherSettlements`	$24.00M	USD	1 Quarter
Realized gains (losses) and other settlements	`RealizedGainsAndOtherSettlements`	$-14.00M	USD	1 Quarter
Realized gains (losses) and other settlements	`RealizedGainsAndOtherSettlements`	$20.00M	USD	3 Qtrs
Net unrealized gains (losses)	`UnrealizedGainsLosses`	$330.00M	USD	1 Quarter
Net unrealized gains (losses)	`UnrealizedGainsLosses`	$-120.00M	USD	3 Qtrs
Net unrealized gains (losses)	`UnrealizedGainsLosses`	$127.00M	USD	3 Qtrs
Net unrealized gains (losses)	`UnrealizedGainsLosses`	$269.00M	USD	1 Quarter
Net change in fair value of credit derivatives	`DerivativeGainLossOnDerivativeNet`	$255.00M	USD	1 Quarter
Net change in fair value of credit derivatives	`DerivativeGainLossOnDerivativeNet`	$354.00M	USD	1 Quarter
Net change in fair value of credit derivatives	`DerivativeGainLossOnDerivativeNet`	$147.00M	USD	3 Qtrs
Net change in fair value of credit derivatives	`DerivativeGainLossOnDerivativeNet`	$-164.00M	USD	3 Qtrs
Fair value gains (losses) on committed capital securities	`FairValueGainLossOnCommittedCapitalSecurities`	$-11.00M	USD	3 Qtrs
Fair value gains (losses) on committed capital securities	`FairValueGainLossOnCommittedCapitalSecurities`	$9.00M	USD	1 Quarter
Fair value gains (losses) on committed capital securities	`FairValueGainLossOnCommittedCapitalSecurities`	$-4.00M	USD	3 Qtrs
Fair value gains (losses) on committed capital securities	`FairValueGainLossOnCommittedCapitalSecurities`	$4.00M	USD	1 Quarter
Fair value gains (losses) on financial guaranty variable interest entities	`VariableInterestEntityFinancialGuaranty`	$253.00M	USD	3 Qtrs
Fair value gains (losses) on financial guaranty variable interest entities	`VariableInterestEntityFinancialGuaranty`	$232.00M	USD	3 Qtrs
Fair value gains (losses) on financial guaranty variable interest entities	`VariableInterestEntityFinancialGuaranty`	$50.00M	USD	1 Quarter
Fair value gains (losses) on financial guaranty variable interest entities	`VariableInterestEntityFinancialGuaranty`	$40.00M	USD	1 Quarter
Other income (loss)	`OtherIncome`	$-11.00M	USD	1 Quarter
Other income (loss)	`OtherIncome`	$16.00M	USD	1 Quarter
Other income (loss)	`OtherIncome`	$-5.00M	USD	3 Qtrs
Other income (loss)	`OtherIncome`	$17.00M	USD	3 Qtrs
Total revenues	`Revenues`	$1.07B	USD	3 Qtrs
Total revenues	`Revenues`	$525.00M	USD	1 Quarter
Total revenues	`Revenues`	$670.00M	USD	1 Quarter
Total revenues	`Revenues`	$959.00M	USD	3 Qtrs
Loss and loss adjustment expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$-44.00M	USD	1 Quarter
Loss and loss adjustment expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$54.00M	USD	3 Qtrs
Loss and loss adjustment expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$55.00M	USD	1 Quarter
Loss and loss adjustment expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$69.00M	USD	3 Qtrs
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$8.00M	USD	3 Qtrs
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$4.00M	USD	1 Quarter
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$4.00M	USD	1 Quarter
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$12.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$21.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$67.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$63.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$27.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$50.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$54.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$166.00M	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$165.00M	USD	3 Qtrs
Total expenses	`BenefitsLossesAndExpenses`	$134.00M	USD	1 Quarter
Total expenses	`BenefitsLossesAndExpenses`	$306.00M	USD	3 Qtrs
Total expenses	`BenefitsLossesAndExpenses`	$298.00M	USD	3 Qtrs
Total expenses	`BenefitsLossesAndExpenses`	$37.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$488.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$536.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$775.00M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$653.00M	USD	3 Qtrs
Current	`CurrentIncomeTaxExpenseBenefit`	$75.00M	USD	3 Qtrs
Current	`CurrentIncomeTaxExpenseBenefit`	$67.00M	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$36.00M	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$125.00M	USD	3 Qtrs
Deferred	`DeferredIncomeTaxExpenseBenefit`	$144.00M	USD	3 Qtrs
Deferred	`DeferredIncomeTaxExpenseBenefit`	$97.00M	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$69.00M	USD	3 Qtrs
Deferred	`DeferredIncomeTaxExpenseBenefit`	$85.00M	USD	1 Quarter
Total provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$152.00M	USD	1 Quarter
Total provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$194.00M	USD	3 Qtrs
Total provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$219.00M	USD	3 Qtrs
Total provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$133.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$459.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$556.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$355.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$384.00M	USD	1 Quarter
Basic (per share)	`EarningsPerShareBasic`	$2.10	USD	1 Quarter
Basic (per share)	`EarningsPerShareBasic`	$3.15	USD	3 Qtrs
Basic (per share)	`EarningsPerShareBasic`	$2.10	USD	1 Quarter
Basic (per share)	`EarningsPerShareBasic`	$2.44	USD	3 Qtrs
Diluted (per share)	`EarningsPerShareDiluted`	$2.09	USD	1 Quarter
Diluted (per share)	`EarningsPerShareDiluted`	$3.13	USD	3 Qtrs
Diluted (per share)	`EarningsPerShareDiluted`	$2.09	USD	1 Quarter
Diluted (per share)	`EarningsPerShareDiluted`	$2.43	USD	3 Qtrs
Dividends, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter
Dividends, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.30	USD	3 Qtrs
Dividends, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.11	USD	1 Quarter
Dividends, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.33	USD	3 Qtrs

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net cash flows provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$347.00M	USD	3 Qtrs
Net cash flows provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$146.00M	USD	3 Qtrs
Purchases	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.56B	USD	3 Qtrs
Purchases	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$2.03B	USD	3 Qtrs
Sales	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$812.00M	USD	3 Qtrs
Sales	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$951.00M	USD	3 Qtrs
Maturities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$557.00M	USD	3 Qtrs
Maturities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$643.00M	USD	3 Qtrs
Net sales (purchases) of short-term investments	`SalesPurchasesOfShortTermInvestments`	$-89.00M	USD	3 Qtrs
Net sales (purchases) of short-term investments	`SalesPurchasesOfShortTermInvestments`	$-44.00M	USD	3 Qtrs
Proceeds from paydowns on financial guaranty variable interest entities assets	`ProceedsFromFinancialGuarantyVariableInterestEntitiesAssets`	$553.00M	USD	3 Qtrs
Proceeds from paydowns on financial guaranty variable interest entities assets	`ProceedsFromFinancialGuarantyVariableInterestEntitiesAssets`	$346.00M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-9.00M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-81.00M	USD	3 Qtrs
Net cash flows provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-79.00M	USD	3 Qtrs
Net cash flows provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$570.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$57.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$58.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$259.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$438.00M	USD	3 Qtrs
Share activity under option and incentive plans	`ShareActivityUnderOptionAndIncentivePlans`	$1.00M	USD	3 Qtrs
Share activity under option and incentive plans	`ShareActivityUnderOptionAndIncentivePlans`	-	USD	3 Qtrs
Paydowns of financial guaranty variable interest entities liabilities	`PaydownOfFinancialGuarantyVariableInterestEntitiesLiabilities`	$348.00M	USD	3 Qtrs
Paydowns of financial guaranty variable interest entities liabilities	`PaydownOfFinancialGuarantyVariableInterestEntitiesLiabilities`	$409.00M	USD	3 Qtrs
Net proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$495.00M	USD	3 Qtrs
Net proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfNotesPayable`	$18.00M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfNotesPayable`	$22.00M	USD	3 Qtrs
Net cash flows provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-368.00M	USD	3 Qtrs
Net cash flows provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-747.00M	USD	3 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-2.00M	USD	3 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-1.00M	USD	3 Qtrs
Increase (decrease) in cash	`NetCashProvidedByUsedInContinuingOperations`	$-32.00M	USD	3 Qtrs
Increase (decrease) in cash	`NetCashProvidedByUsedInContinuingOperations`	$-102.00M	USD	3 Qtrs
Cash at beginning of period	`Cash`	$82.00M	USD	Point-in-time
Cash at beginning of period	`Cash`	$138.00M	USD	Point-in-time
Cash at beginning of period	`Cash`	$106.00M	USD	Point-in-time
Cash at beginning of period	`Cash`	$184.00M	USD	Point-in-time
Cash at end of period	`Cash`	$82.00M	USD	Point-in-time
Cash at end of period	`Cash`	$138.00M	USD	Point-in-time
Cash at end of period	`Cash`	$106.00M	USD	Point-in-time
Cash at end of period	`Cash`	$184.00M	USD	Point-in-time
Income taxes	`IncomeTaxesPaidNet`	$68.00M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$81.00M	USD	3 Qtrs
Interest	`InterestPaidNet`	$45.00M	USD	3 Qtrs
Interest	`InterestPaidNet`	$47.00M	USD	3 Qtrs

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Dividends, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter
Dividends, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.30	USD	3 Qtrs
Dividends, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.11	USD	1 Quarter
Dividends, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.33	USD	3 Qtrs
Balance	`StockholdersEquity`	$5.12B	USD	Point-in-time
Balance	`StockholdersEquity`	$5.35B	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$459.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$556.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$355.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$384.00M	USD	1 Quarter
Dividends ($0.33 per share)	`DividendsCommonStockCash`	$59.00M	USD	3 Qtrs
Common stock repurchases	`StockRepurchasedDuringPeriodValue`	$438.00M	USD	3 Qtrs
Share-based compensation and other	`StockBasedCompensationAndOther`	$7.00M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$173.00M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-309.00M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.00M	USD	1 Quarter
Balance	`StockholdersEquity`	$5.12B	USD	Point-in-time
Balance	`StockholdersEquity`	$5.35B	USD	Point-in-time

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Investments with no other-than-temporary impairment, tax provision (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodExcludingOtherThanTemporaryImpairmentLossesTax`	$-1.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$459.00M	USD	3 Qtrs
Investments with no other-than-temporary impairment, tax provision (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodExcludingOtherThanTemporaryImpairmentLossesTax`	$-99.00M	USD	3 Qtrs
Investments with no other-than-temporary impairment, tax provision (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodExcludingOtherThanTemporaryImpairmentLossesTax`	$74.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$556.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$355.00M	USD	1 Quarter
Investments with no other-than-temporary impairment, tax provision (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodExcludingOtherThanTemporaryImpairmentLossesTax`	$4.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$384.00M	USD	1 Quarter
Investments with other-than-temporary impairment, tax provision (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodIncludingOtherThanTemporaryImpairmentLossesTax`	$-17.00M	USD	3 Qtrs
Investments with other-than-temporary impairment, tax provision (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodIncludingOtherThanTemporaryImpairmentLossesTax`	$1.00M	USD	1 Quarter
Investments with other-than-temporary impairment, tax provision (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodIncludingOtherThanTemporaryImpairmentLossesTax`	$-2.00M	USD	1 Quarter
Investments with other-than-temporary impairment, tax provision (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodIncludingOtherThanTemporaryImpairmentLossesTax`	$-4.00M	USD	3 Qtrs
Reclassification adjustment for gains (losses) included in net income (loss), tax provision (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-9.00M	USD	3 Qtrs
Investments with no other-than-temporary impairment, net of tax provision (benefit) of $4, $(1), $74 and $(99)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesWithNoOtherThanTemporaryImpairmentArisingDuringPeriodNetOfTax`	$-5.00M	USD	1 Quarter
Investments with no other-than-temporary impairment, net of tax provision (benefit) of $4, $(1), $74 and $(99)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesWithNoOtherThanTemporaryImpairmentArisingDuringPeriodNetOfTax`	$164.00M	USD	3 Qtrs
Investments with no other-than-temporary impairment, net of tax provision (benefit) of $4, $(1), $74 and $(99)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesWithNoOtherThanTemporaryImpairmentArisingDuringPeriodNetOfTax`	$-11.00M	USD	1 Quarter
Reclassification adjustment for gains (losses) included in net income (loss), tax provision (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-5.00M	USD	1 Quarter
Investments with no other-than-temporary impairment, net of tax provision (benefit) of $4, $(1), $74 and $(99)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesWithNoOtherThanTemporaryImpairmentArisingDuringPeriodNetOfTax`	$-280.00M	USD	3 Qtrs
Reclassification adjustment for gains (losses) included in net income (loss), tax provision (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-4.00M	USD	3 Qtrs
Reclassification adjustment for gains (losses) included in net income (loss), tax provision (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-2.00M	USD	1 Quarter
Investments with other-than-temporary impairment, net of tax provision (benefit) of $1, $(2), $(4) and $(17)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTaxIncludingOtherThanTemporaryImpairmentLosses`	$-8.00M	USD	3 Qtrs
Investments with other-than-temporary impairment, net of tax provision (benefit) of $1, $(2), $(4) and $(17)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTaxIncludingOtherThanTemporaryImpairmentLosses`	$-34.00M	USD	3 Qtrs
Investments with other-than-temporary impairment, net of tax provision (benefit) of $1, $(2), $(4) and $(17)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTaxIncludingOtherThanTemporaryImpairmentLosses`	$-2.00M	USD	1 Quarter
Investments with other-than-temporary impairment, net of tax provision (benefit) of $1, $(2), $(4) and $(17)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTaxIncludingOtherThanTemporaryImpairmentLosses`	$1.00M	USD	1 Quarter
Unrealized holding gains (losses) arising during the period, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-13.00M	USD	1 Quarter
Unrealized holding gains (losses) arising during the period, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-314.00M	USD	3 Qtrs
Unrealized holding gains (losses) arising during the period, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-4.00M	USD	1 Quarter
Unrealized holding gains (losses) arising during the period, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$156.00M	USD	3 Qtrs
Less: reclassification adjustment for gains (losses) included in net income (loss), net of tax provision (benefit) of $(5), $(2), $(9) and $(4)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-19.00M	USD	3 Qtrs
Less: reclassification adjustment for gains (losses) included in net income (loss), net of tax provision (benefit) of $(5), $(2), $(9) and $(4)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-3.00M	USD	1 Quarter
Less: reclassification adjustment for gains (losses) included in net income (loss), net of tax provision (benefit) of $(5), $(2), $(9) and $(4)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-10.00M	USD	1 Quarter
Less: reclassification adjustment for gains (losses) included in net income (loss), net of tax provision (benefit) of $(5), $(2), $(9) and $(4)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-4.00M	USD	3 Qtrs
Change in net unrealized gains on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-310.00M	USD	3 Qtrs
Change in net unrealized gains on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$6.00M	USD	1 Quarter
Change in net unrealized gains on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$175.00M	USD	3 Qtrs
Change in net unrealized gains on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-10.00M	USD	1 Quarter
Other, net of tax provision	`OtherComprehensiveIncomeOther`	$7.00M	USD	1 Quarter
Other, net of tax provision	`OtherComprehensiveIncomeOther`	$-2.00M	USD	3 Qtrs
Other, net of tax provision	`OtherComprehensiveIncomeOther`	$1.00M	USD	3 Qtrs
Other, net of tax provision	`OtherComprehensiveIncomeOther`	$-5.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$173.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-309.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$381.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$150.00M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$356.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$729.00M	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.