v2.4.0.6
Discontinued Operations (Details) (USD $)
In Millions, unless otherwise specified
 3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Net revenues                 $ 319 [1] $ 234 [1] $ 1,676 [1]
Gain from discontinued operations (112) [2] (11) [2] 52 [2] 28 [2] (106) [2] (8) [2],[3] (22) [2] (24) [2] (43) [1],[3] (160) [1],[3] 610 [1],[3]
Impairment losses                 271 159 201
Loss in connection with disposition of business                 0 0 1,190
Revel
                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Gain from discontinued operations                 0 [1],[4] (10) [1],[4] (1,208) [1],[4]
Loss in connection with disposition of business                     1,190
Retail Asset Management
                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Net revenues                 12 [1],[5] 11 [1],[5] 1,221 [1],[5]
Gain from discontinued operations                 12 [1],[5] 14 [1],[5] 994 [1],[5]
Pre-tax gain (loss) from disposal of discontinued operations                     853
DFS
                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Gain from discontinued operations                 0 [1],[6] 0 [1],[6] 775 [1],[6]
Saxon
                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Net revenues                 79 [1],[7] 28 [1],[7] 197 [1],[7]
Gain from discontinued operations                 (187) [1],[7] (194) [1],[7] (34) [1],[7]
Pre-tax gain from subsequent increase in fair value of impaired assets                 51    
Impairment losses         98            
Provision related to a settlement with the Federal Reserve concerning the independent foreclosure review                 115    
Quilter
                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Net revenues                 148 [1],[8] 134 [1],[8] 117 [1],[8]
Gain from discontinued operations                 97 [1],[8] 21 [1],[8] 27 [1],[8]
Loss in connection with disposition of business                 108    
Other
                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Net revenues                 80 [1],[9] 61 [1],[9] 141 [1],[9]
Gain from discontinued operations                 $ 35 [1],[9] $ 9 [1],[9] $ 56 [1],[9]
[1] Amounts included eliminations of intersegment activity.
[2] See Notes 1 and 25 for more information on discontinued operations.
[3] See Notes 1 and 25 for discussion of discontinued operations.
[4] Included a loss of approximately $1.2 billion in 2010 in connection with the disposition of Revel.
[5] Included a pre-tax gain of approximately $853 million in 2010 in connection with the sale of Retail Asset Management.
[6] Relates to the legal settlement with DFS in 2010.
[7] Revenues included a pre-tax gain of approximately $51 million in 2012, primarily resulting from the subsequent increase in fair value of Saxon, which had incurred impairment losses of $98 million in the quarter ended December 31, 2011. Pre-tax gain (loss) in 2012 included a provision of approximately $115 million related to a settlement with the Federal Reserve concerning the independent foreclosure review related to Saxon.
[8] Included a pre-tax gain of approximately $108 million in 2012 in connection with the sale of Quilter.
[9] Included in Other are related to the sale of CMB and the sale of a principal investment.