2021 Q1 Form 10-Q Financial Statement

#000127381321000014 Filed on May 07, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $177.0M $96.00M
YoY Change 84.38% -50.77%
Cost Of Revenue $30.00M $20.00M
YoY Change 50.0% -56.52%
Gross Profit $147.0M $76.00M
YoY Change 93.42% -48.99%
Gross Profit Margin 83.05% 79.17%
Selling, General & Admin $60.00M $64.00M
YoY Change -6.25%
% of Gross Profit 40.82% 84.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.000M $3.000M
YoY Change 0.0% -50.0%
% of Gross Profit 2.04% 3.95%
Operating Expenses $126.0M $109.0M
YoY Change 15.6% -6.03%
Operating Profit $21.00M -$33.00M
YoY Change -163.64% -200.0%
Interest Expense $21.00M $22.00M
YoY Change -4.55% -4.35%
% of Operating Profit 100.0%
Other Income/Expense, Net
YoY Change
Pretax Income $15.00M -$62.00M
YoY Change -124.19% -206.9%
Income Tax $0.00 -$4.000M
% Of Pretax Income 0.0%
Net Earnings $11.00M -$55.00M
YoY Change -120.0% -201.85%
Net Earnings / Revenue 6.21% -57.29%
Basic Earnings Per Share $0.14 -$0.59
Diluted Earnings Per Share $0.14 -$0.59
COMMON SHARES
Basic Shares Outstanding 76.70M shares 92.60M shares
Diluted Shares Outstanding 77.50M shares 92.60M shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $346.0M $221.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $12.56B $10.27B
YoY Change 22.28% -4.73%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $16.02B $13.75B
YoY Change 16.54% 1.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $1.225B $1.221B
YoY Change 0.33% -0.89%
Other Long-Term Liabilities $3.524B $1.495B
YoY Change 135.72% 37.41%
Total Long-Term Liabilities $4.749B $2.716B
YoY Change 74.85% 17.07%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities $4.749B $2.716B
Total Liabilities $9.525B $7.472B
YoY Change 27.48% 8.57%
SHAREHOLDERS EQUITY
Retained Earnings $6.055B $6.100B
YoY Change -0.74% -4.78%
Common Stock $1.000M $1.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.430B $6.240B
YoY Change
Total Liabilities & Shareholders Equity $16.02B $13.75B
YoY Change 16.54% 1.43%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $11.00M -$55.00M
YoY Change -120.0% -201.85%
Depreciation, Depletion And Amortization $3.000M $3.000M
YoY Change 0.0% -50.0%
Cash From Operating Activities -$466.0M -$164.0M
YoY Change 184.15% -50.6%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $1.000M -$1.000M
YoY Change -200.0%
Cash From Investing Activities $125.0M $389.0M
YoY Change -67.87% -20.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $77.00M $116.0M
YoY Change -33.62% 45.0%
Debt Paid & Issued, Net $0.00 $21.00M
YoY Change -100.0% 600.0%
Cash From Financing Activities $389.0M -$180.0M
YoY Change -316.11% 26.76%
NET CHANGE
Cash From Operating Activities -$466.0M -$164.0M
Cash From Investing Activities $125.0M $389.0M
Cash From Financing Activities $389.0M -$180.0M
Net Change In Cash $48.00M $38.00M
YoY Change 26.32% 100.0%
FREE CASH FLOW
Cash From Operating Activities -$466.0M -$164.0M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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15000000 USD
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
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0.22
CY2021Q1 us-gaap Dividends Common Stock Cash
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17000000 USD
CY2021Q1 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
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3000000 USD
CY2021Q1 us-gaap Stock Repurchased And Retired During Period Value
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77000000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2021Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
6000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6472000000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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6645000000 USD
CY2020Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
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CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
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0.20
CY2020Q1 us-gaap Dividends Common Stock Cash
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19000000 USD
CY2020Q1 us-gaap Stock Repurchased And Retired During Period Value
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116000000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-204000000 USD
CY2020Q1 ago Non Redeemable Noncontrolling Interest Equity Other Contributions And Reallocation Of Ownership Interests
NonRedeemableNoncontrollingInterestEquityOtherContributionsAndReallocationOfOwnershipInterests
20000000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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6265000000 USD
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CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
396000000 USD
CY2020Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
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278000000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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120000000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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86000000 USD
CY2021Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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225000000 USD
CY2020Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
217000000 USD
CY2021Q1 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0 USD
CY2020Q1 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
56000000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Short Term Investments
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0 USD
CY2020Q1 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
4000000 USD
CY2021Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
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30000000 USD
CY2020Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
12000000 USD
CY2021Q1 ago Paymentsfor Proceedsfrom Shortterm Investmentswith Maturitiesof Less Than Three Months
PaymentsforProceedsfromShorttermInvestmentswithMaturitiesofLessThanThreeMonths
-120000000 USD
CY2020Q1 ago Paymentsfor Proceedsfrom Shortterm Investmentswith Maturitiesof Less Than Three Months
PaymentsforProceedsfromShorttermInvestmentswithMaturitiesofLessThanThreeMonths
-375000000 USD
CY2021Q1 ago Proceedsfrom Paydownson Financial Guaranty Variable Interest Entities Assets
ProceedsfromPaydownsonFinancialGuarantyVariableInterestEntitiesAssets
14000000 USD
CY2020Q1 ago Proceedsfrom Paydownson Financial Guaranty Variable Interest Entities Assets
ProceedsfromPaydownsonFinancialGuarantyVariableInterestEntitiesAssets
37000000 USD
CY2021Q1 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
32000000 USD
CY2020Q1 us-gaap Payments To Acquire Other Investments
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10000000 USD
CY2021Q1 us-gaap Proceeds From Sale Of Other Assets Investing Activities
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45000000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
1000000 USD
CY2021Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1000000 USD
CY2020Q1 us-gaap Payments For Proceeds From Other Investing Activities
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125000000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
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389000000 USD
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18000000 USD
CY2020Q1 us-gaap Payments Of Dividends Common Stock
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20000000 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
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77000000 USD
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
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116000000 USD
CY2021Q1 ago Paydown Of Financial Guaranty Variable Interest Entities Liabilities
PaydownOfFinancialGuarantyVariableInterestEntitiesLiabilities
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CY2020Q1 ago Paydown Of Financial Guaranty Variable Interest Entities Liabilities
PaydownOfFinancialGuarantyVariableInterestEntitiesLiabilities
35000000 USD
CY2021Q1 us-gaap Repayments Of Long Term Debt
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CY2020Q1 us-gaap Repayments Of Long Term Debt
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21000000 USD
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CY2020Q1 us-gaap Proceeds From Payments For Other Financing Activities
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CY2021Q1 us-gaap Proceeds From Issuance Of Financial Services Obligations
ProceedsFromIssuanceOfFinancialServicesObligations
752000000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Financial Services Obligations
ProceedsFromIssuanceOfFinancialServicesObligations
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CY2021Q1 us-gaap Proceeds From Lines Of Credit
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CY2020Q1 us-gaap Proceeds From Lines Of Credit
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CY2021Q1 ago Repaymentof Warehouse Loansand Equity
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476000000 USD
CY2020Q1 ago Repaymentof Warehouse Loansand Equity
RepaymentofWarehouseLoansandEquity
0 USD
CY2021Q1 ago Contributions From Noncontrolling Interests To Investment Vehicles
ContributionsFromNoncontrollingInterestsToInvestmentVehicles
3000000 USD
CY2020Q1 ago Contributions From Noncontrolling Interests To Investment Vehicles
ContributionsFromNoncontrollingInterestsToInvestmentVehicles
23000000 USD
CY2021Q1 ago Distributions To Noncontrolling Interests From Investment Vehicles
DistributionsToNoncontrollingInterestsFromInvestmentVehicles
6000000 USD
CY2020Q1 ago Distributions To Noncontrolling Interests From Investment Vehicles
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CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
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389000000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
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CY2020Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
48000000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
38000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
298000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
183000000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
346000000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
221000000 USD
CY2021Q1 us-gaap Interest Paid Net
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CY2020Q1 us-gaap Interest Paid Net
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9000000 USD
CY2021Q1 us-gaap Cash
Cash
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CY2020Q1 us-gaap Cash
Cash
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CY2021Q1 us-gaap Restricted Cash
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CY2020Q1 us-gaap Restricted Cash
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CY2021Q1 ago Cashof Consolidated Investment Vehicles
CashofConsolidatedInvestmentVehicles
250000000 USD
CY2020Q1 ago Cashof Consolidated Investment Vehicles
CashofConsolidatedInvestmentVehicles
82000000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
346000000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
221000000 USD
CY2021Q1 ago Holding Companieswith Outstanding Public Debt Number
HoldingCompanieswithOutstandingPublicDebtNumber
2 Company
CY2021Q1 us-gaap Number Of Reportable Segments
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2 segment
CY2021Q1 ago Revenue Including Adjustments
RevenueIncludingAdjustments
220000000 USD
CY2021Q1 ago Segment Revenue Including Adjustments
SegmentRevenueIncludingAdjustments
220000000 USD
CY2021Q1 ago Segment Benefits Losses And Expenses
SegmentBenefitsLossesAndExpenses
174000000 USD
CY2021Q1 ago Income Lossfrom Continuing Operationsbefore Equity Method Investments Income Taxes Noncontrolling Interest Segment Total
IncomeLossfromContinuingOperationsbeforeEquityMethodInvestmentsIncomeTaxesNoncontrollingInterestSegmentTotal
46000000 USD
CY2021Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
9000000 USD
CY2021Q1 ago Adjusted Income Lossfrom Continuing Operationsbefore Income Taxes Noncontrolling Interest Segment Total
AdjustedIncomeLossfromContinuingOperationsbeforeIncomeTaxesNoncontrollingInterestSegmentTotal
55000000 USD
CY2021Q1 ago Segment Income Tax Expense Benefit
SegmentIncomeTaxExpenseBenefit
8000000 USD
CY2021Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2021Q1 ago Adjusted Income Loss Attributableto Parent
AdjustedIncomeLossAttributabletoParent
43000000 USD
CY2020Q1 ago Revenue Including Adjustments
RevenueIncludingAdjustments
190000000 USD
CY2020Q1 ago Segment Revenue Including Adjustments
SegmentRevenueIncludingAdjustments
190000000 USD
CY2020Q1 ago Segment Benefits Losses And Expenses
SegmentBenefitsLossesAndExpenses
146000000 USD
CY2020Q1 ago Income Lossfrom Continuing Operationsbefore Equity Method Investments Income Taxes Noncontrolling Interest Segment Total
IncomeLossfromContinuingOperationsbeforeEquityMethodInvestmentsIncomeTaxesNoncontrollingInterestSegmentTotal
44000000 USD
CY2020Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2020Q1 ago Adjusted Income Lossfrom Continuing Operationsbefore Income Taxes Noncontrolling Interest Segment Total
AdjustedIncomeLossfromContinuingOperationsbeforeIncomeTaxesNoncontrollingInterestSegmentTotal
40000000 USD
CY2020Q1 ago Segment Income Tax Expense Benefit
SegmentIncomeTaxExpenseBenefit
10000000 USD
CY2020Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2020Q1 ago Adjusted Income Loss Attributableto Parent
AdjustedIncomeLossAttributabletoParent
33000000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2020Q1 us-gaap Net Income Loss
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CY2021Q1 us-gaap Realized Investment Gains Losses
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CY2020Q1 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
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CY2021Q1 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
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CY2020Q1 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
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CY2021Q1 ago Fair Value Gain Loss On Committed Capital Securities
FairValueGainLossOnCommittedCapitalSecurities
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CY2020Q1 ago Fair Value Gain Loss On Committed Capital Securities
FairValueGainLossOnCommittedCapitalSecurities
48000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Premiums Receivable Adjustment Foreign Exchange Translation Segment Total
FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentForeignExchangeTranslationSegmentTotal
1000000 USD
CY2020Q1 ago Financial Guarantee Insurance Contracts Premiums Receivable Adjustment Foreign Exchange Translation Segment Total
FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentForeignExchangeTranslationSegmentTotal
-57000000 USD
CY2021Q1 ago Adjustmentsto Operating Income Pre Tax
AdjustmentstoOperatingIncomePreTax
-40000000 USD
CY2020Q1 ago Adjustmentsto Operating Income Pre Tax
AdjustmentstoOperatingIncomePreTax
-102000000 USD
CY2021Q1 ago Adjustmentsto Operating Income Tax
AdjustmentstoOperatingIncomeTax
-8000000 USD
CY2020Q1 ago Adjustmentsto Operating Income Tax
AdjustmentstoOperatingIncomeTax
-14000000 USD
CY2021Q1 ago Adjusted Income Loss Attributableto Parent
AdjustedIncomeLossAttributabletoParent
43000000 USD
CY2020Q1 ago Adjusted Income Loss Attributableto Parent
AdjustedIncomeLossAttributabletoParent
33000000 USD
CY2021Q1 ago Insured Financial Obligations Loss Mitigation Securities
InsuredFinancialObligationsLossMitigationSecurities
1300000000 USD
CY2020Q4 ago Insured Financial Obligations Loss Mitigation Securities
InsuredFinancialObligationsLossMitigationSecurities
1400000000 USD
CY2021Q1 ago Insured Financial Obligations Insured Contractual Payments Outstanding Gross
InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross
365896000000 USD
CY2020Q4 ago Insured Financial Obligations Insured Contractual Payments Outstanding Gross
InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross
366692000000 USD
CY2021Q1 ago Insured Financial Obligations Insured Contractual Payments Outstanding Net
InsuredFinancialObligationsInsuredContractualPaymentsOutstandingNet
365443000000 USD
CY2020Q4 ago Insured Financial Obligations Insured Contractual Payments Outstanding Net
InsuredFinancialObligationsInsuredContractualPaymentsOutstandingNet
366233000000 USD
CY2021Q1 ago Insured Financial Obligations Outstanding Principal Amount Net
InsuredFinancialObligationsOutstandingPrincipalAmountNet
234270000000 USD
CY2021Q1 ago Insured Financial Obligations Outstanding Principle Amount Percentage
InsuredFinancialObligationsOutstandingPrincipleAmountPercentage
1.000
CY2020Q4 ago Insured Financial Obligations Outstanding Principal Amount Net
InsuredFinancialObligationsOutstandingPrincipalAmountNet
234153000000 USD
CY2020Q4 ago Insured Financial Obligations Outstanding Principle Amount Percentage
InsuredFinancialObligationsOutstandingPrincipleAmountPercentage
1.000
CY2021Q1 ago Insured Financial Obligations Outstanding Principal Amount Net
InsuredFinancialObligationsOutstandingPrincipalAmountNet
234270000000 USD
CY2020Q4 ago Insured Financial Obligations Outstanding Principal Amount Net
InsuredFinancialObligationsOutstandingPrincipalAmountNet
234153000000 USD
CY2021Q1 ago Specialty Insuranceand Reinsurance Gross Par
SpecialtyInsuranceandReinsuranceGrossPar
1544000000 USD
CY2020Q4 ago Specialty Insuranceand Reinsurance Gross Par
SpecialtyInsuranceandReinsuranceGrossPar
1484000000 USD
CY2021Q1 ago Specialty Insuranceand Reinsurance Net Par
SpecialtyInsuranceandReinsuranceNetPar
981000000 USD
CY2021Q1 ago Expected Loss Adjustment Expense To Be Paid
ExpectedLossAdjustmentExpenseToBePaid
19000000 USD
CY2020Q4 ago Specialty Insuranceand Reinsurance Net Par
SpecialtyInsuranceandReinsuranceNetPar
928000000 USD
CY2021Q1 ago Insured Financial Obligations Insured Credit Performanceof Guaranteed Obligations Term
InsuredFinancialObligationsInsuredCreditPerformanceofGuaranteedObligationsTerm
P30Y
CY2021Q1 ago Insured Financial Obligations Claim Liability Weighted Average Risk Free Discount Rate
InsuredFinancialObligationsClaimLiabilityWeightedAverageRiskFreeDiscountRate
0.0088
CY2020 ago Insured Financial Obligations Claim Liability Weighted Average Risk Free Discount Rate
InsuredFinancialObligationsClaimLiabilityWeightedAverageRiskFreeDiscountRate
0.0060
CY2020Q4 ago Guarantor Obligations Net Expected Losstobe Paid After Recoveriesfor Representationsand Warranties
GuarantorObligationsNetExpectedLosstobePaidAfterRecoveriesforRepresentationsandWarranties
529000000 USD
CY2019Q4 ago Guarantor Obligations Net Expected Losstobe Paid After Recoveriesfor Representationsand Warranties
GuarantorObligationsNetExpectedLosstobePaidAfterRecoveriesforRepresentationsandWarranties
737000000 USD
CY2021Q1 ago Guarantor Obligations Net Expected Loss Development After Recoveriesfor Representationsand Warranties Accretion Of Discount
GuarantorObligationsNetExpectedLossDevelopmentAfterRecoveriesforRepresentationsandWarrantiesAccretionOfDiscount
1000000 USD
CY2020Q1 ago Guarantor Obligations Net Expected Loss Development After Recoveriesfor Representationsand Warranties Accretion Of Discount
GuarantorObligationsNetExpectedLossDevelopmentAfterRecoveriesforRepresentationsandWarrantiesAccretionOfDiscount
4000000 USD
CY2021Q1 ago Guarantor Obligations Net Expected Loss Development After Recoveriesfor Representationsand Warranties Changes In Discount Rates
GuarantorObligationsNetExpectedLossDevelopmentAfterRecoveriesforRepresentationsandWarrantiesChangesInDiscountRates
-48000000 USD
CY2020Q1 ago Guarantor Obligations Net Expected Loss Development After Recoveriesfor Representationsand Warranties Changes In Discount Rates
GuarantorObligationsNetExpectedLossDevelopmentAfterRecoveriesforRepresentationsandWarrantiesChangesInDiscountRates
31000000 USD
CY2021Q1 ago Guarantor Obligations Net Expected Loss Development After Recoveriesfor Representationsand Warranties Changes In Timing And Assumptions
GuarantorObligationsNetExpectedLossDevelopmentAfterRecoveriesforRepresentationsandWarrantiesChangesInTimingAndAssumptions
60000000 USD
CY2020Q1 ago Guarantor Obligations Net Expected Loss Development After Recoveriesfor Representationsand Warranties Changes In Timing And Assumptions
GuarantorObligationsNetExpectedLossDevelopmentAfterRecoveriesforRepresentationsandWarrantiesChangesInTimingAndAssumptions
-38000000 USD
CY2021Q1 ago Guarantor Obligations Net Expected Loss Development After Recoveriesfor Representationsand Warranties
GuarantorObligationsNetExpectedLossDevelopmentAfterRecoveriesforRepresentationsandWarranties
13000000 USD
CY2020Q1 ago Guarantor Obligations Net Expected Loss Development After Recoveriesfor Representationsand Warranties
GuarantorObligationsNetExpectedLossDevelopmentAfterRecoveriesforRepresentationsandWarranties
-3000000 USD
CY2021Q1 ago Guarantor Obligations Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid After Recoveriesfor Representationsand Warranties
GuarantorObligationsLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidAfterRecoveriesforRepresentationsandWarranties
70000000 USD
CY2020Q1 ago Guarantor Obligations Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid After Recoveriesfor Representationsand Warranties
GuarantorObligationsLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidAfterRecoveriesforRepresentationsandWarranties
74000000 USD
CY2021Q1 ago Guarantor Obligations Net Expected Losstobe Paid After Recoveriesfor Representationsand Warranties
GuarantorObligationsNetExpectedLosstobePaidAfterRecoveriesforRepresentationsandWarranties
472000000 USD
CY2020Q1 ago Guarantor Obligations Net Expected Losstobe Paid After Recoveriesfor Representationsand Warranties
GuarantorObligationsNetExpectedLosstobePaidAfterRecoveriesforRepresentationsandWarranties
660000000 USD
CY2020Q4 ago Guarantor Obligations Net Expected Losstobe Paid After Recoveriesfor Representationsand Warranties
GuarantorObligationsNetExpectedLosstobePaidAfterRecoveriesforRepresentationsandWarranties
529000000 USD
CY2021Q1 ago Guarantor Obligations Net Expected Loss Development After Recoveriesfor Representationsand Warranties
GuarantorObligationsNetExpectedLossDevelopmentAfterRecoveriesforRepresentationsandWarranties
13000000 USD
CY2021Q1 ago Guarantor Obligations Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid After Recoveriesfor Representationsand Warranties
GuarantorObligationsLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidAfterRecoveriesforRepresentationsandWarranties
70000000 USD
CY2021Q1 ago Guarantor Obligations Net Expected Losstobe Paid After Recoveriesfor Representationsand Warranties
GuarantorObligationsNetExpectedLosstobePaidAfterRecoveriesforRepresentationsandWarranties
472000000 USD
CY2019Q4 ago Guarantor Obligations Net Expected Losstobe Paid After Recoveriesfor Representationsand Warranties
GuarantorObligationsNetExpectedLosstobePaidAfterRecoveriesforRepresentationsandWarranties
737000000 USD
CY2020Q1 ago Guarantor Obligations Net Expected Loss Development After Recoveriesfor Representationsand Warranties
GuarantorObligationsNetExpectedLossDevelopmentAfterRecoveriesforRepresentationsandWarranties
-3000000 USD
CY2020Q1 ago Guarantor Obligations Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid After Recoveriesfor Representationsand Warranties
GuarantorObligationsLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidAfterRecoveriesforRepresentationsandWarranties
74000000 USD
CY2020Q1 ago Guarantor Obligations Net Expected Losstobe Paid After Recoveriesfor Representationsand Warranties
GuarantorObligationsNetExpectedLosstobePaidAfterRecoveriesforRepresentationsandWarranties
660000000 USD
CY2021Q1 ago Loss Recovery Assumption Additional Decreasein Recovery Projection Economic Loss
LossRecoveryAssumptionAdditionalDecreaseinRecoveryProjectionEconomicLoss
47000000 USD
CY2020Q4 ago Expected Loss Adjustment Expense To Be Paid
ExpectedLossAdjustmentExpenseToBePaid
23000000 USD
CY2021Q1 ago Guarantor Obligations Net Expected Losstobe Paid After Recoveriesfor Representationsand Warranties
GuarantorObligationsNetExpectedLosstobePaidAfterRecoveriesforRepresentationsandWarranties
472000000 USD
CY2020Q4 ago Guarantor Obligations Net Expected Losstobe Paid After Recoveriesfor Representationsand Warranties
GuarantorObligationsNetExpectedLosstobePaidAfterRecoveriesforRepresentationsandWarranties
529000000 USD
CY2021Q1 ago Guarantor Obligations Net Expected Loss Development After Recoveriesfor Representationsand Warranties
GuarantorObligationsNetExpectedLossDevelopmentAfterRecoveriesforRepresentationsandWarranties
13000000 USD
CY2020Q1 ago Guarantor Obligations Net Expected Loss Development After Recoveriesfor Representationsand Warranties
GuarantorObligationsNetExpectedLossDevelopmentAfterRecoveriesforRepresentationsandWarranties
-3000000 USD
CY2021Q1 ago Additional Loss Recovery Assumption Recovery Period
AdditionalLossRecoveryAssumptionRecoveryPeriod
P5Y
CY2021Q1 ago Loss Recovery Assumption Additional Increasein Recovery Projection Percent
LossRecoveryAssumptionAdditionalIncreaseinRecoveryProjectionPercent
0.30
CY2021Q1 ago Loss Recovery Assumption Additional Increasein Recovery Projection Economic Benefit
LossRecoveryAssumptionAdditionalIncreaseinRecoveryProjectionEconomicBenefit
47000000 USD
CY2021Q1 ago Loss Recovery Assumption Additional Decreasein Recovery Projection Percent
LossRecoveryAssumptionAdditionalDecreaseinRecoveryProjectionPercent
0.10
CY2021Q1 ago Financial Guarantee Insurance Contracts Scheduled Net Earned Premiums
FinancialGuaranteeInsuranceContractsScheduledNetEarnedPremiums
81000000 USD
CY2020Q1 ago Financial Guarantee Insurance Contracts Scheduled Net Earned Premiums
FinancialGuaranteeInsuranceContractsScheduledNetEarnedPremiums
82000000 USD
CY2021Q1 us-gaap Financial Guarantee Insurance Contracts Accelerated Premium Revenue Amount
FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount
16000000 USD
CY2020Q1 us-gaap Financial Guarantee Insurance Contracts Accelerated Premium Revenue Amount
FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount
15000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Net Premiums Receivable Adjustment Accretionof Discounton Net Premium Receivable
FinancialGuaranteeInsuranceContractsNetPremiumsReceivableAdjustmentAccretionofDiscountonNetPremiumReceivable
-5000000 USD
CY2020Q1 ago Financial Guarantee Insurance Contracts Net Premiums Receivable Adjustment Accretionof Discounton Net Premium Receivable
FinancialGuaranteeInsuranceContractsNetPremiumsReceivableAdjustmentAccretionofDiscountonNetPremiumReceivable
-5000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Premiums Earned Net
FinancialGuaranteeInsuranceContractsPremiumsEarnedNet
102000000 USD
CY2020Q1 ago Financial Guarantee Insurance Contracts Premiums Earned Net
FinancialGuaranteeInsuranceContractsPremiumsEarnedNet
102000000 USD
CY2021Q1 ago Premiums Earned Net Specialty Insuranceand Reinsurance
PremiumsEarnedNetSpecialtyInsuranceandReinsurance
1000000 USD
CY2020Q1 ago Premiums Earned Net Specialty Insuranceand Reinsurance
PremiumsEarnedNetSpecialtyInsuranceandReinsurance
1000000 USD
CY2021Q1 us-gaap Premiums Earned Net
PremiumsEarnedNet
103000000 USD
CY2020Q1 us-gaap Premiums Earned Net
PremiumsEarnedNet
103000000 USD
CY2020Q4 us-gaap Financial Guarantee Insurance Contracts Premium Receivable
FinancialGuaranteeInsuranceContractsPremiumReceivable
1372000000 USD
CY2019Q4 us-gaap Financial Guarantee Insurance Contracts Premium Receivable
FinancialGuaranteeInsuranceContractsPremiumReceivable
1286000000 USD
CY2020Q4 ago Financial Guarantee Insurance Contracts Premium Receivable Specialty Insurance
FinancialGuaranteeInsuranceContractsPremiumReceivableSpecialtyInsurance
1000000 USD
CY2019Q4 ago Financial Guarantee Insurance Contracts Premium Receivable Specialty Insurance
FinancialGuaranteeInsuranceContractsPremiumReceivableSpecialtyInsurance
2000000 USD
CY2020Q4 ago Financial Guarantee Insurance Contracts Premium Receivable Excluding Other Non Financial Guarantee
FinancialGuaranteeInsuranceContractsPremiumReceivableExcludingOtherNonFinancialGuarantee
1371000000 USD
CY2019Q4 ago Financial Guarantee Insurance Contracts Premium Receivable Excluding Other Non Financial Guarantee
FinancialGuaranteeInsuranceContractsPremiumReceivableExcludingOtherNonFinancialGuarantee
1284000000 USD
CY2021Q1 us-gaap Financial Guarantee Insurance Contracts Premium Receivable New Business Written
FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten
84000000 USD
CY2020Q1 us-gaap Financial Guarantee Insurance Contracts Premium Receivable New Business Written
FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten
67000000 USD
CY2021Q1 us-gaap Financial Guarantee Insurance Contracts Premium Receivable Proceeds From Premiums Received
FinancialGuaranteeInsuranceContractsPremiumReceivableProceedsFromPremiumsReceived
103000000 USD
CY2020Q1 us-gaap Financial Guarantee Insurance Contracts Premium Receivable Proceeds From Premiums Received
FinancialGuaranteeInsuranceContractsPremiumReceivableProceedsFromPremiumsReceived
60000000 USD
CY2021Q1 us-gaap Financial Guarantee Insurance Contracts Premiums Receivable Adjustment Change In Period Of Contract
FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract
2000000 USD
CY2020Q1 us-gaap Financial Guarantee Insurance Contracts Premiums Receivable Adjustment Change In Period Of Contract
FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract
-4000000 USD
CY2021Q1 us-gaap Financial Guarantee Insurance Contracts Premiums Receivable Accretion Of Discount On Premium Receivable
FinancialGuaranteeInsuranceContractsPremiumsReceivableAccretionOfDiscountOnPremiumReceivable
4000000 USD
CY2020Q1 us-gaap Financial Guarantee Insurance Contracts Premiums Receivable Accretion Of Discount On Premium Receivable
FinancialGuaranteeInsuranceContractsPremiumsReceivableAccretionOfDiscountOnPremiumReceivable
3000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Premiums Receivable Adjustment Foreign Exchange Translation
FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentForeignExchangeTranslation
0 USD
CY2020Q1 ago Financial Guarantee Insurance Contracts Premiums Receivable Adjustment Foreign Exchange Translation
FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentForeignExchangeTranslation
-58000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Premium Receivable Excluding Other Non Financial Guarantee
FinancialGuaranteeInsuranceContractsPremiumReceivableExcludingOtherNonFinancialGuarantee
1358000000 USD
CY2020Q1 ago Financial Guarantee Insurance Contracts Premium Receivable Excluding Other Non Financial Guarantee
FinancialGuaranteeInsuranceContractsPremiumReceivableExcludingOtherNonFinancialGuarantee
1232000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Premium Receivable Specialty Insurance
FinancialGuaranteeInsuranceContractsPremiumReceivableSpecialtyInsurance
1000000 USD
CY2020Q1 ago Financial Guarantee Insurance Contracts Premium Receivable Specialty Insurance
FinancialGuaranteeInsuranceContractsPremiumReceivableSpecialtyInsurance
1000000 USD
CY2021Q1 us-gaap Financial Guarantee Insurance Contracts Premium Receivable
FinancialGuaranteeInsuranceContractsPremiumReceivable
1359000000 USD
CY2020Q1 us-gaap Financial Guarantee Insurance Contracts Premium Receivable
FinancialGuaranteeInsuranceContractsPremiumReceivable
1233000000 USD
CY2021Q1 us-gaap Salvage And Subrogation Recoveries Value
SalvageAndSubrogationRecoveriesValue
977000000 USD
CY2021Q1 us-gaap Financial Guarantee Insurance Contracts Claim Liability Weighted Average Risk Free Discount Rate
FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate
0.0088
CY2020 us-gaap Financial Guarantee Insurance Contracts Claim Liability Weighted Average Risk Free Discount Rate
FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate
0.0060
CY2021Q1 ago Reserve For Losses And Loss Adjustment Expenses Net Of Reinsurance And Salvage And Subrogation Recoveries
ReserveForLossesAndLossAdjustmentExpensesNetOfReinsuranceAndSalvageAndSubrogationRecoveries
89000000 USD
CY2020Q4 ago Reserve For Losses And Loss Adjustment Expenses Net Of Reinsurance And Salvage And Subrogation Recoveries
ReserveForLossesAndLossAdjustmentExpensesNetOfReinsuranceAndSalvageAndSubrogationRecoveries
122000000 USD
CY2021Q1 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
1058000000 USD
CY2020Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
1088000000 USD
CY2021Q1 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
6000000 USD
CY2020Q4 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
8000000 USD
CY2021Q1 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
1052000000 USD
CY2020Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
1080000000 USD
CY2020Q4 us-gaap Salvage And Subrogation Recoveries Value
SalvageAndSubrogationRecoveriesValue
991000000 USD
CY2021Q1 ago Ceded Salvage And Subrogation Recoveries Value
CededSalvageAndSubrogationRecoveriesValue
15000000 USD
CY2020Q4 ago Ceded Salvage And Subrogation Recoveries Value
CededSalvageAndSubrogationRecoveriesValue
33000000 USD
CY2021Q1 ago Salvage And Subrogation Recoveries Other Payable Recoveries
SalvageAndSubrogationRecoveriesOtherPayableRecoveries
-1000000 USD
CY2020Q4 ago Salvage And Subrogation Recoveries Other Payable Recoveries
SalvageAndSubrogationRecoveriesOtherPayableRecoveries
0 USD
CY2021Q1 ago Reservefor Lossesand Loss Adjustment Expenses Netof Reinsuranceand Salvageand Subrogation Including Other Recoverables
ReserveforLossesandLossAdjustmentExpensesNetofReinsuranceandSalvageandSubrogationIncludingOtherRecoverables
-963000000 USD
CY2020Q4 ago Reservefor Lossesand Loss Adjustment Expenses Netof Reinsuranceand Salvageand Subrogation Including Other Recoverables
ReserveforLossesandLossAdjustmentExpensesNetofReinsuranceandSalvageandSubrogationIncludingOtherRecoverables
-958000000 USD
CY2021Q1 ago Liabilityfor Unpaid Claimsand Claims Adjustment Expense Netof Reinsuranceand Salvage Subrogationand Other Recoveries
LiabilityforUnpaidClaimsandClaimsAdjustmentExpenseNetofReinsuranceandSalvageSubrogationandOtherRecoveries
89000000 USD
CY2020Q4 ago Liabilityfor Unpaid Claimsand Claims Adjustment Expense Netof Reinsuranceand Salvage Subrogationand Other Recoveries
LiabilityforUnpaidClaimsandClaimsAdjustmentExpenseNetofReinsuranceandSalvageSubrogationandOtherRecoveries
122000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Future Expected Net Loss To Be Expensed During Second Quarter Following Balance Sheet Date
FinancialGuaranteeInsuranceContractsFutureExpectedNetLossToBeExpensedDuringSecondQuarterFollowingBalanceSheetDate
7000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Future Expected Net Loss To Be Expensed During Third Quarter Following Balance Sheet Date
FinancialGuaranteeInsuranceContractsFutureExpectedNetLossToBeExpensedDuringThirdQuarterFollowingBalanceSheetDate
8000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Future Expected Net Losstobe Expensed During Fourth Quarter Following Balance Sheet Date
FinancialGuaranteeInsuranceContractsFutureExpectedNetLosstobeExpensedDuringFourthQuarterFollowingBalanceSheetDate
8000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Future Expected Net Loss To Be Expensed Remainder Of Fiscal Year
FinancialGuaranteeInsuranceContractsFutureExpectedNetLossToBeExpensedRemainderOfFiscalYear
23000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Future Expected Net Losstobe Expensedin Second Full Fiscal Year
FinancialGuaranteeInsuranceContractsFutureExpectedNetLosstobeExpensedinSecondFullFiscalYear
32000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Future Expected Net Losstobe Expensedin Third Full Fiscal Year
FinancialGuaranteeInsuranceContractsFutureExpectedNetLosstobeExpensedinThirdFullFiscalYear
31000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Future Expected Net Losstobe Expensedin Fourth Full Fiscal Year
FinancialGuaranteeInsuranceContractsFutureExpectedNetLosstobeExpensedinFourthFullFiscalYear
31000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Future Expected Net Losstobe Expensedin Fifth Full Fiscal Year
FinancialGuaranteeInsuranceContractsFutureExpectedNetLosstobeExpensedinFifthFullFiscalYear
32000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Future Expected Net Losstobe Expensed Morethan Fiveand Within10 Yearsfrom Balance Sheet Date
FinancialGuaranteeInsuranceContractsFutureExpectedNetLosstobeExpensedMorethanFiveandWithin10YearsfromBalanceSheetDate
122000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Future Expected Net Losstobe Expensed Morethan10andwithin15 Yearsfrom Balance Sheet Date
FinancialGuaranteeInsuranceContractsFutureExpectedNetLosstobeExpensedMorethan10andwithin15YearsfromBalanceSheetDate
74000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Future Expected Net Losstobe Expensed Morethan15andwithin20 Yearsfrom Balance Sheet Date
FinancialGuaranteeInsuranceContractsFutureExpectedNetLosstobeExpensedMorethan15andwithin20YearsfromBalanceSheetDate
18000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Future Expected Net Losstobe Expensed Beyond Twentieth Fiscal Year
FinancialGuaranteeInsuranceContractsFutureExpectedNetLosstobeExpensedBeyondTwentiethFiscalYear
4000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Net Losstobe Expensed Present Value
FinancialGuaranteeInsuranceContractsNetLosstobeExpensedPresentValue
367000000 USD
CY2021Q1 ago Scheduleof Insured Financial Obligationswith Credit Deterioration Reductionsof Gross Claim Liability Netof Reinsurance Recoverable Discount
ScheduleofInsuredFinancialObligationswithCreditDeteriorationReductionsofGrossClaimLiabilityNetofReinsuranceRecoverableDiscount
131000000 USD
CY2021Q1 ago Financial Guarantee Insurance Contracts Net Losstobe Expensed Undiscounted
FinancialGuaranteeInsuranceContractsNetLosstobeExpensedUndiscounted
498000000 USD
CY2021Q1 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
30000000 USD
CY2020Q1 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
20000000 USD
CY2021Q1 us-gaap Average Term Of Credit Risk Derivatives1
AverageTermOfCreditRiskDerivatives1
P12Y
CY2020 us-gaap Average Term Of Credit Risk Derivatives1
AverageTermOfCreditRiskDerivatives1
P11Y10M24D
CY2021Q1 ago Financial Guaranty Contracts Accountedforas Credit Derivatives Outstanding Principal Amount
FinancialGuarantyContractsAccountedforasCreditDerivativesOutstandingPrincipalAmount
5164000000 USD
CY2021Q1 us-gaap Credit Risk Derivatives At Fair Value Net
CreditRiskDerivativesAtFairValueNet
-120000000 USD
CY2020Q4 ago Financial Guaranty Contracts Accountedforas Credit Derivatives Outstanding Principal Amount
FinancialGuarantyContractsAccountedforasCreditDerivativesOutstandingPrincipalAmount
5371000000 USD
CY2020Q4 us-gaap Credit Risk Derivatives At Fair Value Net
CreditRiskDerivativesAtFairValueNet
-100000000 USD
CY2021Q1 ago Expected Losson Credit Derivativeto Be Paid Recovered Including Representationand Warranty Liability Benefit
ExpectedLossonCreditDerivativetoBePaidRecoveredIncludingRepresentationandWarrantyLiabilityBenefit
2000000 USD
CY2020Q4 ago Expected Losson Credit Derivativeto Be Paid Recovered Including Representationand Warranty Liability Benefit
ExpectedLossonCreditDerivativetoBePaidRecoveredIncludingRepresentationandWarrantyLiabilityBenefit
-1000000 USD
CY2021Q1 ago Credit Derivative Realized Gains
CreditDerivativeRealizedGains
1000000 USD
CY2020Q1 ago Credit Derivative Realized Gains
CreditDerivativeRealizedGains
2000000 USD
CY2021Q1 ago Credit Derivative Losses
CreditDerivativeLosses
0 USD
CY2020Q1 ago Credit Derivative Losses
CreditDerivativeLosses
2000000 USD
CY2021Q1 ago Credit Derivative Realized Gain Lossand Other Settlements
CreditDerivativeRealizedGainLossandOtherSettlements
1000000 USD
CY2020Q1 ago Credit Derivative Realized Gain Lossand Other Settlements
CreditDerivativeRealizedGainLossandOtherSettlements
0 USD
CY2021Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-20000000 USD
CY2020Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-77000000 USD
CY2021Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-19000000 USD
CY2020Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-77000000 USD
CY2021Q1 ago Credit Risk Derivatives At Fair Value Before Effect Of Credit Spread Net
CreditRiskDerivativesAtFairValueBeforeEffectOfCreditSpreadNet
-266000000 USD
CY2020Q4 ago Credit Risk Derivatives At Fair Value Before Effect Of Credit Spread Net
CreditRiskDerivativesAtFairValueBeforeEffectOfCreditSpreadNet
-313000000 USD
CY2021Q1 us-gaap Derivative Credit Risk Valuation Adjustment Derivative Liabilities
DerivativeCreditRiskValuationAdjustmentDerivativeLiabilities
146000000 USD
CY2020Q4 us-gaap Derivative Credit Risk Valuation Adjustment Derivative Liabilities
DerivativeCreditRiskValuationAdjustmentDerivativeLiabilities
213000000 USD
CY2021Q1 us-gaap Credit Risk Derivatives At Fair Value Net
CreditRiskDerivativesAtFairValueNet
-120000000 USD
CY2020Q4 us-gaap Credit Risk Derivatives At Fair Value Net
CreditRiskDerivativesAtFairValueNet
-100000000 USD
CY2021Q1 us-gaap Direct Premiums Written
DirectPremiumsWritten
77000000 USD
CY2020Q1 us-gaap Direct Premiums Written
DirectPremiumsWritten
64000000 USD
CY2021Q1 us-gaap Assumed Premiums Written
AssumedPremiumsWritten
10000000 USD
CY2020Q1 us-gaap Assumed Premiums Written
AssumedPremiumsWritten
0 USD
CY2021Q1 us-gaap Ceded Premiums Written
CededPremiumsWritten
1000000 USD
CY2020Q1 us-gaap Ceded Premiums Written
CededPremiumsWritten
0 USD
CY2021Q1 us-gaap Premiums Written Net
PremiumsWrittenNet
86000000 USD
CY2020Q1 us-gaap Premiums Written Net
PremiumsWrittenNet
64000000 USD
CY2021Q1 us-gaap Direct Premiums Earned
DirectPremiumsEarned
96000000 USD
CY2020Q1 us-gaap Direct Premiums Earned
DirectPremiumsEarned
94000000 USD
CY2021Q1 us-gaap Assumed Premiums Earned
AssumedPremiumsEarned
8000000 USD
CY2020Q1 us-gaap Assumed Premiums Earned
AssumedPremiumsEarned
10000000 USD
CY2021Q1 us-gaap Ceded Premiums Earned
CededPremiumsEarned
1000000 USD
CY2020Q1 us-gaap Ceded Premiums Earned
CededPremiumsEarned
1000000 USD
CY2021Q1 us-gaap Premiums Earned Net
PremiumsEarnedNet
103000000 USD
CY2020Q1 us-gaap Premiums Earned Net
PremiumsEarnedNet
103000000 USD
CY2021Q1 us-gaap Policyholder Benefits And Claims Incurred Gross
PolicyholderBenefitsAndClaimsIncurredGross
53000000 USD
CY2020Q1 us-gaap Policyholder Benefits And Claims Incurred Gross
PolicyholderBenefitsAndClaimsIncurredGross
8000000 USD
CY2021Q1 us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Assumed
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountAssumed
-5000000 USD
CY2020Q1 us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Assumed
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountAssumed
12000000 USD
CY2021Q1 us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Ceded
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountCeded
18000000 USD
CY2020Q1 us-gaap Reinsurance Effect On Claims And Benefits Incurred Amount Ceded
ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountCeded
0 USD
CY2021Q1 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
30000000 USD
CY2020Q1 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
20000000 USD
CY2021Q1 ago Ceded Premium Payable Netof Commissions
CededPremiumPayableNetofCommissions
4000000 USD
CY2020Q4 ago Ceded Premium Payable Netof Commissions
CededPremiumPayableNetofCommissions
4000000 USD
CY2021Q1 ago Ceded Expected Loss And Loss Adjustment Expense
CededExpectedLossAndLossAdjustmentExpense
-7000000 USD
CY2020Q4 ago Ceded Expected Loss And Loss Adjustment Expense
CededExpectedLossAndLossAdjustmentExpense
-23000000 USD
CY2021Q1 ago Insured Financial Obligations Ceded Par Outstanding
InsuredFinancialObligationsCededParOutstanding
413000000 USD
CY2020Q4 ago Insured Financial Obligations Ceded Par Outstanding
InsuredFinancialObligationsCededParOutstanding
418000000 USD
CY2021Q1 ago Specialty Insuranceand Reinsurance Ceded Par Outstanding
SpecialtyInsuranceandReinsuranceCededParOutstanding
563000000 USD
CY2020Q4 ago Specialty Insuranceand Reinsurance Ceded Par Outstanding
SpecialtyInsuranceandReinsuranceCededParOutstanding
556000000 USD
CY2021Q1 us-gaap Short Term Investments
ShortTermInvestments
701000000 USD
CY2020Q4 us-gaap Short Term Investments
ShortTermInvestments
851000000 USD
CY2021Q1 us-gaap Investments
Investments
9599000000 USD
CY2020Q4 us-gaap Investments
Investments
9838000000 USD
CY2021Q1 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
77000000 USD
CY2020Q4 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
75000000 USD
CY2021Q1 ago Percentageof Availableforsale Securitiesat Amortized Cost
PercentageofAvailableforsaleSecuritiesatAmortizedCost
1
CY2021Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
8968000000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
81000000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
578000000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
77000000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
9388000000 USD
CY2021Q1 ago Accumulated Other Comprehensive Income Loss Otherthan Temporary Impairment Not Credit Loss Before Tax Debt Securities Total
AccumulatedOtherComprehensiveIncomeLossOtherthanTemporaryImpairmentNotCreditLossBeforeTaxDebtSecuritiesTotal
-46000000 USD
CY2020Q4 ago Percentageof Availableforsale Securitiesat Amortized Cost
PercentageofAvailableforsaleSecuritiesatAmortizedCost
1
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
9055000000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
78000000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
698000000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
51000000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
9624000000 USD
CY2020Q4 ago Accumulated Other Comprehensive Income Loss Otherthan Temporary Impairment Not Credit Loss Before Tax Debt Securities Total
AccumulatedOtherComprehensiveIncomeLossOtherthanTemporaryImpairmentNotCreditLossBeforeTaxDebtSecuritiesTotal
-39000000 USD
CY2021Q1 ago Government Agency Obligations As Percentage Of Total Mortgage Backed Securities
GovernmentAgencyObligationsAsPercentageOfTotalMortgageBackedSecurities
0.34
CY2020Q4 ago Government Agency Obligations As Percentage Of Total Mortgage Backed Securities
GovernmentAgencyObligationsAsPercentageOfTotalMortgageBackedSecurities
0.35
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
715000000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
22000000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
120000000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
9000000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
835000000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
31000000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
302 Security
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
30 Security
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
331 Security
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
362000000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
3000000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
166000000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
9000000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
528000000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
12000000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
94 Security
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
46 Security
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
139 Security
CY2020Q4 ago Available For Sale Securities Continuous Unrealized Loss Position Greater Than10 Percent Of Book Value Twelve Months Or Longer Number
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionGreaterThan10PercentOfBookValueTwelveMonthsOrLongerNumber
11 Security
CY2021Q1 ago Available For Sale Securities Continuous Unrealized Loss Position Greater Than10 Percent Of Book Value Twelve Months Or Longer Number
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionGreaterThan10PercentOfBookValueTwelveMonthsOrLongerNumber
11 Security
CY2021Q1 ago Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Greater Than10 Percent Book Value Aggregate Losses
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerGreaterThan10PercentBookValueAggregateLosses
9000000 USD
CY2020Q4 ago Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Greater Than10 Percent Book Value Aggregate Losses
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerGreaterThan10PercentBookValueAggregateLosses
8000000 USD
CY2021Q1 us-gaap Assets Held In Trust
AssetsHeldInTrust
257000000 USD
CY2020Q4 us-gaap Assets Held In Trust
AssetsHeldInTrust
262000000 USD
CY2021Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
71000000 USD
CY2020Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
82000000 USD
CY2021Q1 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
1000000 USD
CY2020Q1 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
2000000 USD
CY2021Q1 us-gaap Net Investment Income
NetInvestmentIncome
70000000 USD
CY2020Q1 us-gaap Net Investment Income
NetInvestmentIncome
80000000 USD
CY2021Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
9000000 USD
CY2020Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-4000000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
3000000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
7000000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
2000000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
1000000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Writeoff
DebtSecuritiesAvailableForSaleAllowanceForCreditLossWriteoff
4000000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Writeoff
DebtSecuritiesAvailableForSaleAllowanceForCreditLossWriteoff
11000000 USD
CY2021Q1 us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
-3000000 USD
CY2020Q1 us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
-5000000 USD
CY2021Q1 us-gaap Foreign Currency Transaction Gain Loss Realized
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1000000 USD
CY2020Q1 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
3000000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
78000000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
1000000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
2000000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Purchased With Credit Deterioration Increase
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
2000000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Purchased With Credit Deterioration Increase
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
9000000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
81000000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
73000000 USD
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95000000 USD
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9000000 USD
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VariableInterestEntityOtherConsolidatedCarryingAmountAssets
96000000 USD
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VariableInterestEntityOtherConsolidatedCarryingAmountLiabilities
3000000 USD
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VariableInterestEntityNumberofPoliciesMonitored
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15000 policy
CY2021Q1 ago Variable Interest Entity Numberof Policiesthat Contain Provisionsfor Consolidation
VariableInterestEntityNumberofPoliciesthatContainProvisionsforConsolidation
80 policy
CY2020Q4 ago Variable Interest Entity Numberof Policiesthat Contain Provisionsfor Consolidation
VariableInterestEntityNumberofPoliciesthatContainProvisionsforConsolidation
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0.51
CY2021Q1 us-gaap Assets Sold Under Agreements To Repurchase Repurchase Liability
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19000000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
24000000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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70000000 USD
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DeferredTaxLiabilities
100000000 USD
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DeferredTaxAssetsLiabilitiesNetCurrent1
17000000 USD
CY2020Q4 ago Deferred Tax Assets Liabilities Net Current1
DeferredTaxAssetsLiabilitiesNetCurrent1
21000000 USD
CY2021Q1 ago Tax Cutsand Jobs Actof2017 Incomplete Accounting Transition Taxfor Accumulated Foreign Earnings Tax Credit Realized
TaxCutsandJobsActof2017IncompleteAccountingTransitionTaxforAccumulatedForeignEarningsTaxCreditRealized
24000000 USD
CY2021Q1 us-gaap Tax Credit Carryforward Valuation Allowance
TaxCreditCarryforwardValuationAllowance
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CY2021Q1 ago Deferred Tax Assets Realization Assessment Period For Which Cumulative Operating Income Considered
DeferredTaxAssetsRealizationAssessmentPeriodForWhichCumulativeOperatingIncomeConsidered
P3Y
CY2021Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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CY2020Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-11000000 USD
CY2021Q1 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
4000000 USD
CY2020Q1 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
4000000 USD
CY2021Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3000000 USD
CY2020Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1000000 USD
CY2021Q1 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
2000000 USD
CY2020Q1 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
8000000 USD
CY2021Q1 ago Effective Income Tax Rate Reconciliation Nondeductible Expense Deferred Compensation Amount
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDeferredCompensationAmount
0 USD
CY2020Q1 ago Effective Income Tax Rate Reconciliation Nondeductible Expense Deferred Compensation Amount
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDeferredCompensationAmount
2000000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4000000 USD
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.009
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.071
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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15000000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-62000000 USD
CY2021Q1 us-gaap Revenues
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177000000 USD
CY2020Q1 us-gaap Revenues
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96000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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-208000000 USD
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CY2021Q1 us-gaap Net Income Loss
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11000000 USD
CY2020Q1 us-gaap Net Income Loss
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CY2021Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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0 USD
CY2020Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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0 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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11000000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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-55000000 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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76700000 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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92600000 shares
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
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-0.59
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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11000000 USD
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CY2021Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
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0 USD
CY2020Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
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0 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
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11000000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
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-55000000 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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76700000 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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92600000 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
800000 shares
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77500000 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
92600000 shares
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.14
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.59
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
300000 shares
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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1700000 shares
CY2021Q1 us-gaap Short Term Investments
ShortTermInvestments
701000000 USD
CY2021Q1 us-gaap Cash
Cash
95000000 USD

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