10-Q Filing

ASSURED GUARANTY LTD CIK: 1273813 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001273813-18-000039`
Period End Date	20180930
Filing Date	20181109
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	ago-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 108 Cash Flow Statement 52 Stockholders Equity 20 Comprehensive Income 68

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Fixed maturity securities, available-for-sale, at fair value	`AvailableForSaleSecuritiesAmortizedCost`	$10.01B	USD	Point-in-time
Fixed maturity securities, available-for-sale, at fair value	`AvailableForSaleSecuritiesAmortizedCost`	$10.19B	USD	Point-in-time
Common stock par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Fixed-maturity securities, available-for-sale, at fair value (amortized cost of $10,006 and $10,187)	`TradingSecuritiesDebt`	$10.19B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Fixed-maturity securities, available-for-sale, at fair value (amortized cost of $10,006 and $10,187)	`TradingSecuritiesDebt`	$10.67B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	106.64M	shares	Point-in-time
Short-term investments, at fair value	`ShortTermInvestments`	$627.00M	USD	Point-in-time
Short-term investments, at fair value	`ShortTermInvestments`	$738.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	116.02M	shares	Point-in-time
Other invested assets	`OtherInvestments`	$95.00M	USD	Point-in-time
Other invested assets	`OtherInvestments`	$94.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	116.02M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	106.64M	shares	Point-in-time
Accumulated other comprehensive income, tax provision	`AociTaxAttributableToParent`	$89.00M	USD	Point-in-time
Total investment portfolio	`Investments`	$11.39B	USD	Point-in-time
Accumulated other comprehensive income, tax provision	`AociTaxAttributableToParent`	$33.00M	USD	Point-in-time
Total investment portfolio	`Investments`	$11.03B	USD	Point-in-time
Cash	`Cash`	$72.00M	USD	Point-in-time
Cash	`Cash`	$118.00M	USD	Point-in-time
Cash	`Cash`	$82.00M	USD	Point-in-time
Cash	`Cash`	$144.00M	USD	Point-in-time
Premiums receivable, net of commissions payable	`PremiumsReceivableAtCarryingValue`	$916.00M	USD	Point-in-time
Premiums receivable, net of commissions payable	`PremiumsReceivableAtCarryingValue`	$915.00M	USD	Point-in-time
Ceded unearned premium reserve	`PrepaidReinsurancePremiums`	$119.00M	USD	Point-in-time
Ceded unearned premium reserve	`PrepaidReinsurancePremiums`	$61.00M	USD	Point-in-time
Deferred acquisition costs	`DeferredPolicyAcquisitionCosts`	$103.00M	USD	Point-in-time
Deferred acquisition costs	`DeferredPolicyAcquisitionCosts`	$101.00M	USD	Point-in-time
Salvage and subrogation recoverable	`SalvageAndSubrogationRecoveriesValue`	$572.00M	USD	Point-in-time
Salvage and subrogation recoverable	`SalvageAndSubrogationRecoveriesValue`	$471.00M	USD	Point-in-time
Financial guaranty variable interest entities assets, at fair value	`VariableInterestEntityConsolidatedCarryingAmountAssets`	$700.00M	USD	Point-in-time
Financial guaranty variable interest entities assets, at fair value	`VariableInterestEntityConsolidatedCarryingAmountAssets`	$596.00M	USD	Point-in-time
Other assets	`OtherAssets`	$487.00M	USD	Point-in-time
Other assets	`OtherAssets`	$485.00M	USD	Point-in-time
Total assets	`Assets`	$14.43B	USD	Point-in-time
Total assets	`Assets`	$13.74B	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$3.54B	USD	Point-in-time
Unearned premium reserve	`UnearnedPremiums`	$3.48B	USD	Point-in-time
Loss and loss adjustment expense reserve	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$1.15B	USD	Point-in-time
Loss and loss adjustment expense reserve	`LiabilityForClaimsAndClaimsAdjustmentExpense`	$1.44B	USD	Point-in-time
Long-term debt	`LongTermDebt`	$1.25B	USD	Point-in-time
Long-term debt	`LongTermDebt`	$1.29B	USD	Point-in-time
Credit derivative liabilities	`CreditRiskDerivativeLiabilitiesAtFairValue`	$271.00M	USD	Point-in-time
Credit derivative liabilities	`CreditRiskDerivativeLiabilitiesAtFairValue`	$239.00M	USD	Point-in-time
Financial guaranty variable interest entities liabilities with recourse, at fair value	`VariableInterestEntityConsolidatedCarryingAmountLiabilitiesWithRecourse`	$627.00M	USD	Point-in-time
Financial guaranty variable interest entities liabilities with recourse, at fair value	`VariableInterestEntityConsolidatedCarryingAmountLiabilitiesWithRecourse`	$545.00M	USD	Point-in-time
Financial guaranty variable interest entities liabilities without recourse, at fair value	`VariableInterestEntityConsolidatedCarryingAmountLiabilitiesWithoutRecourse`	$104.00M	USD	Point-in-time
Financial guaranty variable interest entities liabilities without recourse, at fair value	`VariableInterestEntityConsolidatedCarryingAmountLiabilitiesWithoutRecourse`	$130.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$355.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$334.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.16B	USD	Point-in-time
Total liabilities	`Liabilities`	$7.59B	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; 106,637,701 and 116,020,852 shares issued and outstanding)	`CommonStockValue`	$1.00M	USD	Point-in-time
Common stock ($0.01 par value, 500,000,000 shares authorized; 106,637,701 and 116,020,852 shares issued and outstanding)	`CommonStockValue`	$1.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$573.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$200.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.30B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.89B	USD	Point-in-time
Accumulated other comprehensive income, net of tax of $33 and $89	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$372.00M	USD	Point-in-time
Accumulated other comprehensive income, net of tax of $33 and $89	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$78.00M	USD	Point-in-time
Deferred equity compensation	`CompensationAndBenefitsTrust`	$1.00M	USD	Point-in-time
Deferred equity compensation	`CompensationAndBenefitsTrust`	$1.00M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$6.58B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$6.84B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$13.74B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$14.43B	USD	Point-in-time

Income Statement 108 line items

Line Item	Tag	Value	Unit	Period
Net earned premiums	`PremiumsEarnedNet`	$186.00M	USD	1 Quarter
Net earned premiums	`PremiumsEarnedNet`	$142.00M	USD	1 Quarter
Net earned premiums	`PremiumsEarnedNet`	$423.00M	USD	3 Qtrs
Net earned premiums	`PremiumsEarnedNet`	$512.00M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$98.00M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$99.00M	USD	1 Quarter
Net investment income	`NetInvestmentIncome`	$298.00M	USD	3 Qtrs
Net investment income	`NetInvestmentIncome`	$322.00M	USD	3 Qtrs
Other-than-temporary impairment losses	`ImpairmentOfInvestments`	$23.00M	USD	3 Qtrs
Other-than-temporary impairment losses	`ImpairmentOfInvestments`	$23.00M	USD	3 Qtrs
Other-than-temporary impairment losses	`ImpairmentOfInvestments`	$8.00M	USD	1 Quarter
Other-than-temporary impairment losses	`ImpairmentOfInvestments`	$20.00M	USD	1 Quarter
Less: portion of other-than-temporary impairment loss recognized in other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest`	$-7.00M	USD	1 Quarter
Less: portion of other-than-temporary impairment loss recognized in other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.00M	USD	3 Qtrs
Less: portion of other-than-temporary impairment loss recognized in other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest`	$-3.00M	USD	3 Qtrs
Less: portion of other-than-temporary impairment loss recognized in other comprehensive income	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Net impairment loss	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$13.00M	USD	1 Quarter
Net impairment loss	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$29.00M	USD	3 Qtrs
Net impairment loss	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$20.00M	USD	3 Qtrs
Net impairment loss	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$9.00M	USD	1 Quarter
Other net realized investment gains (losses)	`GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments`	$2.00M	USD	1 Quarter
Other net realized investment gains (losses)	`GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments`	$6.00M	USD	3 Qtrs
Other net realized investment gains (losses)	`GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments`	$83.00M	USD	3 Qtrs
Other net realized investment gains (losses)	`GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments`	$20.00M	USD	1 Quarter
Net realized investment gains (losses)	`RealizedInvestmentGainsLosses`	$7.00M	USD	1 Quarter
Net realized investment gains (losses)	`RealizedInvestmentGainsLosses`	$54.00M	USD	3 Qtrs
Net realized investment gains (losses)	`RealizedInvestmentGainsLosses`	$-14.00M	USD	3 Qtrs
Net realized investment gains (losses)	`RealizedInvestmentGainsLosses`	$-7.00M	USD	1 Quarter
Realized gains (losses) and other settlements	`RealizedGainLossonDerivativesandOtherSettlements`	$-1.00M	USD	1 Quarter
Realized gains (losses) and other settlements	`RealizedGainLossonDerivativesandOtherSettlements`	$19.00M	USD	3 Qtrs
Realized gains (losses) and other settlements	`RealizedGainLossonDerivativesandOtherSettlements`	$1.00M	USD	1 Quarter
Realized gains (losses) and other settlements	`RealizedGainLossonDerivativesandOtherSettlements`	$4.00M	USD	3 Qtrs
Net unrealized gains (losses)	`UnrealizedGainLossOnDerivatives`	$59.00M	USD	1 Quarter
Net unrealized gains (losses)	`UnrealizedGainLossOnDerivatives`	$99.00M	USD	3 Qtrs
Net unrealized gains (losses)	`UnrealizedGainLossOnDerivatives`	$20.00M	USD	1 Quarter
Net unrealized gains (losses)	`UnrealizedGainLossOnDerivatives`	$87.00M	USD	3 Qtrs
Net change in fair value of credit derivatives	`DerivativeGainLossOnDerivativeNet`	$103.00M	USD	3 Qtrs
Net change in fair value of credit derivatives	`DerivativeGainLossOnDerivativeNet`	$106.00M	USD	3 Qtrs
Net change in fair value of credit derivatives	`DerivativeGainLossOnDerivativeNet`	$21.00M	USD	1 Quarter
Net change in fair value of credit derivatives	`DerivativeGainLossOnDerivativeNet`	$58.00M	USD	1 Quarter
Fair value gains (losses) on financial guaranty variable interest entities	`VariableInterestEntityChangeinFairValue`	$5.00M	USD	1 Quarter
Fair value gains (losses) on financial guaranty variable interest entities	`VariableInterestEntityChangeinFairValue`	$25.00M	USD	3 Qtrs
Fair value gains (losses) on financial guaranty variable interest entities	`VariableInterestEntityChangeinFairValue`	$3.00M	USD	1 Quarter
Fair value gains (losses) on financial guaranty variable interest entities	`VariableInterestEntityChangeinFairValue`	$11.00M	USD	3 Qtrs
Bargain purchase gain and settlement of pre-existing relationships	`BargainPurchaseGainAndSettlementofPreexistingRelationship`	-	USD	3 Qtrs
Bargain purchase gain and settlement of pre-existing relationships	`BargainPurchaseGainAndSettlementofPreexistingRelationship`	-	USD	1 Quarter
Bargain purchase gain and settlement of pre-existing relationships	`BargainPurchaseGainAndSettlementofPreexistingRelationship`	-	USD	1 Quarter
Bargain purchase gain and settlement of pre-existing relationships	`BargainPurchaseGainAndSettlementofPreexistingRelationship`	$58.00M	USD	3 Qtrs
Commutation gains (losses)	`GainLossFromCommutations`	$1.00M	USD	1 Quarter
Commutation gains (losses)	`GainLossFromCommutations`	$255.00M	USD	1 Quarter
Commutation gains (losses)	`GainLossFromCommutations`	$-16.00M	USD	3 Qtrs
Commutation gains (losses)	`GainLossFromCommutations`	$328.00M	USD	3 Qtrs
Other income (loss)	`OtherIncome`	$-17.00M	USD	3 Qtrs
Other income (loss)	`OtherIncome`	$15.00M	USD	1 Quarter
Other income (loss)	`OtherIncome`	$53.00M	USD	3 Qtrs
Other income (loss)	`OtherIncome`	$14.00M	USD	1 Quarter
Total revenues	`Revenues`	$1.46B	USD	3 Qtrs
Total revenues	`Revenues`	$274.00M	USD	1 Quarter
Total revenues	`Revenues`	$788.00M	USD	3 Qtrs
Total revenues	`Revenues`	$623.00M	USD	1 Quarter
Loss and loss adjustment expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$223.00M	USD	1 Quarter
Loss and loss adjustment expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$17.00M	USD	1 Quarter
Loss and loss adjustment expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$354.00M	USD	3 Qtrs
Loss and loss adjustment expenses	`PolicyholderBenefitsAndClaimsIncurredNet`	$43.00M	USD	3 Qtrs
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$3.00M	USD	1 Quarter
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$12.00M	USD	3 Qtrs
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$5.00M	USD	1 Quarter
Amortization of deferred acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$13.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$73.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$24.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$23.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$71.00M	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$56.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$58.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$183.00M	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$183.00M	USD	3 Qtrs
Total expenses	`BenefitsLossesAndExpenses`	$310.00M	USD	1 Quarter
Total expenses	`BenefitsLossesAndExpenses`	$99.00M	USD	1 Quarter
Total expenses	`BenefitsLossesAndExpenses`	$623.00M	USD	3 Qtrs
Total expenses	`BenefitsLossesAndExpenses`	$309.00M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$313.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$479.00M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$835.00M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$175.00M	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$-102.00M	USD	3 Qtrs
Current	`CurrentIncomeTaxExpenseBenefit`	$-148.00M	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$3.00M	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$-28.00M	USD	3 Qtrs
Deferred	`DeferredIncomeTaxExpenseBenefit`	$253.00M	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$259.00M	USD	3 Qtrs
Deferred	`DeferredIncomeTaxExpenseBenefit`	$11.00M	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$74.00M	USD	3 Qtrs
Total provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$105.00M	USD	1 Quarter
Total provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$157.00M	USD	3 Qtrs
Total provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$46.00M	USD	3 Qtrs
Total provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$14.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$161.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$678.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$208.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$433.00M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.56	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.48	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.75	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.87	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.47	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.72	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.48	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.83	USD	3 Qtrs

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net cash flows provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$352.00M	USD	3 Qtrs
Net cash flows provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$354.00M	USD	3 Qtrs
Purchases	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.48B	USD	3 Qtrs
Purchases	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.61B	USD	3 Qtrs
Sales	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$350.00M	USD	1 Quarter
Sales	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$316.00M	USD	1 Quarter
Sales	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$908.00M	USD	3 Qtrs
Sales	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$1.13B	USD	3 Qtrs
Maturities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$746.00M	USD	3 Qtrs
Maturities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$689.00M	USD	3 Qtrs
Net sales (purchases) of short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$91.00M	USD	3 Qtrs
Net sales (purchases) of short-term investments	`PaymentsForProceedsFromShortTermInvestments`	$240.00M	USD	3 Qtrs
Net proceeds from paydowns on financial guaranty variable interest entities assets	`ProceedsFromFinancialGuarantyVariableInterestEntitiesAssets`	$90.00M	USD	3 Qtrs
Net proceeds from paydowns on financial guaranty variable interest entities assets	`ProceedsFromFinancialGuarantyVariableInterestEntitiesAssets`	$117.00M	USD	3 Qtrs
Acquisition of MBIA UK Insurance Limited, net of cash acquired	`PaymentsToAcquireBusinessTwoNetOfCashAcquired`	$-95.00M	USD	3 Qtrs
Acquisition of MBIA UK Insurance Limited, net of cash acquired	`PaymentsToAcquireBusinessTwoNetOfCashAcquired`	-	USD	3 Qtrs
Proceeds from maturity of other invested asset	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$85.00M	USD	3 Qtrs
Proceeds from maturity of other invested asset	`ProceedsFromSaleAndMaturityOfOtherInvestments`	-	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$27.00M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-19.00M	USD	3 Qtrs
Net cash flows provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$194.00M	USD	3 Qtrs
Net cash flows provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$232.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$55.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$53.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$380.00M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$431.00M	USD	3 Qtrs
Repurchases of common stock to pay withholding taxes	`PaymentsForRepurchaseOfCommonStockForTaxWithholdings`	$13.00M	USD	3 Qtrs
Repurchases of common stock to pay withholding taxes	`PaymentsForRepurchaseOfCommonStockForTaxWithholdings`	$13.00M	USD	3 Qtrs
Net paydowns of financial guaranty variable interest entities liabilities	`PaydownOfFinancialGuarantyVariableInterestEntitiesLiabilities`	$124.00M	USD	3 Qtrs
Net paydowns of financial guaranty variable interest entities liabilities	`PaydownOfFinancialGuarantyVariableInterestEntitiesLiabilities`	$90.00M	USD	3 Qtrs
Paydown of long-term debt	`RepaymentsOfLongTermDebt`	$73.00M	USD	3 Qtrs
Paydown of long-term debt	`RepaymentsOfLongTermDebt`	$29.00M	USD	3 Qtrs
Proceeds from option exercises	`ProceedsFromStockOptionsExercised`	$5.00M	USD	3 Qtrs
Proceeds from option exercises	`ProceedsFromStockOptionsExercised`	$5.00M	USD	3 Qtrs
Net cash flows provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-645.00M	USD	3 Qtrs
Net cash flows provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-606.00M	USD	3 Qtrs
Effect of foreign exchange rate changes	`EffectOfExchangeRateOnCashAndCashEquivalents`	$4.00M	USD	3 Qtrs
Effect of foreign exchange rate changes	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.00M	USD	3 Qtrs
Increase (decrease) in cash and restricted cash	`CashandRestrictedCashPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-55.00M	USD	3 Qtrs
Increase (decrease) in cash and restricted cash	`CashandRestrictedCashPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-62.00M	USD	3 Qtrs
Cash and restricted cash at beginning of period	`CashandRestrictedCash`	$82.00M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashandRestrictedCash`	$144.00M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashandRestrictedCash`	$127.00M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashandRestrictedCash`	$72.00M	USD	Point-in-time
Cash and restricted cash at end of period	`CashandRestrictedCash`	$82.00M	USD	Point-in-time
Cash and restricted cash at end of period	`CashandRestrictedCash`	$144.00M	USD	Point-in-time
Cash and restricted cash at end of period	`CashandRestrictedCash`	$127.00M	USD	Point-in-time
Cash and restricted cash at end of period	`CashandRestrictedCash`	$72.00M	USD	Point-in-time
Income taxes	`IncomeTaxesPaidNet`	$-5.00M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$3.00M	USD	3 Qtrs
Interest on long-term debt	`InterestPaidNet`	$66.00M	USD	3 Qtrs
Interest on long-term debt	`InterestPaidNet`	$53.00M	USD	3 Qtrs

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Dividends, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.16	USD	1 Quarter
Dividends, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.48	USD	3 Qtrs
Dividends, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.14	USD	1 Quarter
Dividends, per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.43	USD	3 Qtrs
Beginning balance	`StockholdersEquity`	$6.58B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$6.84B	USD	Point-in-time
Net Income	`NetIncomeLoss`	$161.00M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$678.00M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$208.00M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$433.00M	USD	3 Qtrs
Dividends ($0.48 per share)	`DividendsCommonStockCash`	$54.00M	USD	3 Qtrs
Common stock repurchases	`StockRepurchasedAndRetiredDuringPeriodValue`	$380.00M	USD	3 Qtrs
Share-based compensation and other	`StockIssuedDuringPeriodValueSharebasedCompensationandOther`	$7.00M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$11.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-74.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$177.00M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-262.00M	USD	3 Qtrs
Effect of adoption of ASU	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$-32.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$6.58B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$6.84B	USD	Point-in-time

Comprehensive Income 68 line items

Line Item	Tag	Value	Unit	Period
Investments with no other-than-temporary impairment, tax provision (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodExcludingOtherThanTemporaryImpairmentLossesTax`	$10.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$161.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$678.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$208.00M	USD	1 Quarter
Investments with no other-than-temporary impairment, tax provision (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodExcludingOtherThanTemporaryImpairmentLossesTax`	$-11.00M	USD	1 Quarter
Investments with no other-than-temporary impairment, tax provision (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodExcludingOtherThanTemporaryImpairmentLossesTax`	$63.00M	USD	3 Qtrs
Investments with no other-than-temporary impairment, tax provision (benefit)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodExcludingOtherThanTemporaryImpairmentLossesTax`	$-42.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$433.00M	USD	3 Qtrs
Investments with other-than-temporary impairment, tax provision (benefit)	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities`	$-44.00M	USD	3 Qtrs
Investments with other-than-temporary impairment, tax provision (benefit)	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities`	$7.00M	USD	1 Quarter
Investments with other-than-temporary impairment, tax provision (benefit)	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities`	$3.00M	USD	1 Quarter
Investments with other-than-temporary impairment, tax provision (benefit)	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities`	$5.00M	USD	3 Qtrs
Reclassification adjustment for gains (losses) included in net income (loss), tax provision (benefit) - investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$3.00M	USD	1 Quarter
Investments with no other-than-temporary impairment, net of tax provision (benefit) of $(11), $10, $(42) and $63	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesWithNoOtherThanTemporaryImpairmentArisingDuringPeriodNetOfTax`	$-59.00M	USD	1 Quarter
Reclassification adjustment for gains (losses) included in net income (loss), tax provision (benefit) - investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$29.00M	USD	3 Qtrs
Reclassification adjustment for gains (losses) included in net income (loss), tax provision (benefit) - investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-2.00M	USD	3 Qtrs
Investments with no other-than-temporary impairment, net of tax provision (benefit) of $(11), $10, $(42) and $63	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesWithNoOtherThanTemporaryImpairmentArisingDuringPeriodNetOfTax`	$-245.00M	USD	3 Qtrs
Reclassification adjustment for gains (losses) included in net income (loss), tax provision (benefit) - investments	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	-	USD	1 Quarter
Investments with no other-than-temporary impairment, net of tax provision (benefit) of $(11), $10, $(42) and $63	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesWithNoOtherThanTemporaryImpairmentArisingDuringPeriodNetOfTax`	$27.00M	USD	1 Quarter
Investments with no other-than-temporary impairment, net of tax provision (benefit) of $(11), $10, $(42) and $63	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesWithNoOtherThanTemporaryImpairmentArisingDuringPeriodNetOfTax`	$133.00M	USD	3 Qtrs
Investments with other-than-temporary impairment, net of tax provision (benefit) of $(3), $(7), $(5) and $44	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities`	$16.00M	USD	1 Quarter
Investments with other-than-temporary impairment, net of tax provision (benefit) of $(3), $(7), $(5) and $44	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities`	$-81.00M	USD	3 Qtrs
Net unrealized gains (losses) on FG VIEs' liabilities with recourse attributable to instrument-specific credit risk arising during the period, net of tax provision (benefit)	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax`	-	USD	3 Qtrs
Investments with other-than-temporary impairment, net of tax provision (benefit) of $(3), $(7), $(5) and $44	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities`	$21.00M	USD	3 Qtrs
Net unrealized gains (losses) on FG VIEs' liabilities with recourse attributable to instrument-specific credit risk arising during the period, net of tax provision (benefit)	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax`	$-1.00M	USD	3 Qtrs
Net unrealized gains (losses) on FG VIEs' liabilities with recourse attributable to instrument-specific credit risk arising during the period, net of tax provision (benefit)	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Net unrealized gains (losses) on FG VIEs' liabilities with recourse attributable to instrument-specific credit risk arising during the period, net of tax provision (benefit)	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax`	$-1.00M	USD	1 Quarter
Investments with other-than-temporary impairment, net of tax provision (benefit) of $(3), $(7), $(5) and $44	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities`	$15.00M	USD	1 Quarter
Reclassification adjustment for gains (losses) included in net income (loss), net of tax provision (benefit) - FG VIEs' liabilities with recourse	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionTax`	-	USD	1 Quarter
Reclassification adjustment for gains (losses) included in net income (loss), net of tax provision (benefit) - FG VIEs' liabilities with recourse	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionTax`	-	USD	1 Quarter
Unrealized holding gains (losses) arising during the period, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$12.00M	USD	1 Quarter
Unrealized holding gains (losses) arising during the period, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-75.00M	USD	1 Quarter
Unrealized holding gains (losses) arising during the period, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-266.00M	USD	3 Qtrs
Unrealized holding gains (losses) arising during the period, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$214.00M	USD	3 Qtrs
Reclassification adjustment for gains (losses) included in net income (loss), net of tax provision (benefit) - FG VIEs' liabilities with recourse	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionTax`	$-1.00M	USD	3 Qtrs
Reclassification adjustment for gains (losses) included in net income (loss), net of tax provision (benefit) - FG VIEs' liabilities with recourse	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionTax`	-	USD	3 Qtrs
Less: reclassification adjustment for gains (losses) included in net income (loss), net of tax provision (benefit) of $0, $3, $(2) and $29	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$4.00M	USD	1 Quarter
Less: reclassification adjustment for gains (losses) included in net income (loss), net of tax provision (benefit) of $0, $3, $(2) and $29	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$52.00M	USD	3 Qtrs
Less: reclassification adjustment for gains (losses) included in net income (loss), net of tax provision (benefit) of $0, $3, $(2) and $29	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-7.00M	USD	1 Quarter
Less: reclassification adjustment for gains (losses) included in net income (loss), net of tax provision (benefit) of $0, $3, $(2) and $29	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-11.00M	USD	3 Qtrs
Change in net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableforsaleSecuritiesAdjustmentIncludingOtherThanTemporaryImpairmentLossesNetofTaxPortionAttributabletoParent`	$162.00M	USD	3 Qtrs
Change in net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableforsaleSecuritiesAdjustmentIncludingOtherThanTemporaryImpairmentLossesNetofTaxPortionAttributabletoParent`	$-255.00M	USD	3 Qtrs
Change in net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableforsaleSecuritiesAdjustmentIncludingOtherThanTemporaryImpairmentLossesNetofTaxPortionAttributabletoParent`	$-68.00M	USD	1 Quarter
Change in net unrealized gains (losses) on investments	`OtherComprehensiveIncomeLossAvailableforsaleSecuritiesAdjustmentIncludingOtherThanTemporaryImpairmentLossesNetofTaxPortionAttributabletoParent`	$8.00M	USD	1 Quarter
Net unrealized gains (losses) arising during the period on financial guaranty variable interest entities' liabilities with recourse attributable to changes in instrument-specific credit risk, net of tax provision (benefit) of $(1), $-, $(1) and $- (see Note 1)	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	$-5.00M	USD	1 Quarter
Net unrealized gains (losses) arising during the period on financial guaranty variable interest entities' liabilities with recourse attributable to changes in instrument-specific credit risk, net of tax provision (benefit) of $(1), $-, $(1) and $- (see Note 1)	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	-	USD	1 Quarter
Net unrealized gains (losses) arising during the period on financial guaranty variable interest entities' liabilities with recourse attributable to changes in instrument-specific credit risk, net of tax provision (benefit) of $(1), $-, $(1) and $- (see Note 1)	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	$-6.00M	USD	3 Qtrs
Net unrealized gains (losses) arising during the period on financial guaranty variable interest entities' liabilities with recourse attributable to changes in instrument-specific credit risk, net of tax provision (benefit) of $(1), $-, $(1) and $- (see Note 1)	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	-	USD	3 Qtrs
Less: reclassification adjustment for gains (losses) included in net income (loss), net of tax provision (benefit) of $0, $-, $(1) and $-	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax`	-	USD	3 Qtrs
Less: reclassification adjustment for gains (losses) included in net income (loss), net of tax provision (benefit) of $0, $-, $(1) and $-	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax`	$-2.00M	USD	1 Quarter
Less: reclassification adjustment for gains (losses) included in net income (loss), net of tax provision (benefit) of $0, $-, $(1) and $-	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax`	-	USD	1 Quarter
Less: reclassification adjustment for gains (losses) included in net income (loss), net of tax provision (benefit) of $0, $-, $(1) and $-	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionAfterTax`	$-5.00M	USD	3 Qtrs
Change in net unrealized gains (losses) on financial guaranty variable interest entities' liabilities with recourse	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment`	-	USD	1 Quarter
Change in net unrealized gains (losses) on financial guaranty variable interest entities' liabilities with recourse	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment`	$-3.00M	USD	1 Quarter
Change in net unrealized gains (losses) on financial guaranty variable interest entities' liabilities with recourse	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment`	-	USD	3 Qtrs
Change in net unrealized gains (losses) on financial guaranty variable interest entities' liabilities with recourse	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment`	$-1.00M	USD	3 Qtrs
Other, net of tax provision	`OtherComprehensiveIncomeLossOtherNetofTaxPortionAttributableToParent`	$3.00M	USD	1 Quarter
Other, net of tax provision	`OtherComprehensiveIncomeLossOtherNetofTaxPortionAttributableToParent`	$-3.00M	USD	1 Quarter
Other, net of tax provision	`OtherComprehensiveIncomeLossOtherNetofTaxPortionAttributableToParent`	$-6.00M	USD	3 Qtrs
Other, net of tax provision	`OtherComprehensiveIncomeLossOtherNetofTaxPortionAttributableToParent`	$15.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$11.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-74.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$177.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-262.00M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$87.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$171.00M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$855.00M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$219.00M	USD	1 Quarter

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