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10-K Filing

MBIA INC CIK: 814585 FY 2023
Filing Information
Form Type 10-K
Accession Number 0000950170-24-022129
Period End Date 20231231
Filing Date 20240228
Fiscal Year 2023
Fiscal Period FY
XBRL Instance mbi-20231231_htm.xml
Balance Sheet 55 line items
Line Item Tag Value Unit Period
Fixed-maturity securities held as available-for-sale, amortized cost DebtSecuritiesAvailableForSaleAmortizedCostAfterAllowanceForCreditLoss $1.69B USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Preferred stock, authorized shares PreferredStockSharesAuthorized 10.00M shares Point-in-time
Preferred stock, authorized shares PreferredStockSharesAuthorized 10.00M shares Point-in-time
Preferred stock, issued PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, issued PreferredStockSharesIssued 0.00 shares Point-in-time
Premiums receivable (net of allowance for credit losses $0 and $0) PremiumsReceivableAtCarryingValue $146.00M USD Point-in-time
Preferred stock, outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Premiums receivable (net of allowance for credit losses $0 and $0) PremiumsReceivableAtCarryingValue $178.00M USD Point-in-time
Premiums receivable (net of allowance for credit losses $0 and $0) PremiumsReceivableAtCarryingValue $160.00M USD Point-in-time
Preferred stock, outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Common stock, authorized shares CommonStockSharesAuthorized 400.00M shares Point-in-time
Common stock, authorized shares CommonStockSharesAuthorized 400.00M shares Point-in-time
Common stock, issued shares CommonStockSharesIssued 283.19M shares Point-in-time
Common stock, issued shares CommonStockSharesIssued 283.19M shares Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperation $80.00M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperation $73.00M USD Point-in-time
Accumulated other comprehensive income (loss), taxes AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTaxes $8.00M USD Point-in-time
Accumulated other comprehensive income (loss), taxes AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTaxes $7.00M USD Point-in-time
Treasury stock, shares TreasuryStockCommonShares 228.33M shares Point-in-time
Treasury stock, shares TreasuryStockCommonShares 232.32M shares Point-in-time
Total assets Assets $2.61B USD Point-in-time
Total assets Assets $3.38B USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $61.00M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $64.00M USD Point-in-time
Total liabilities Liabilities $4.25B USD Point-in-time
Total liabilities Liabilities $4.25B USD Point-in-time
Commitments and contingencies (Refer to Note 13: Commitments and Contingencies) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Refer to Note 13: Commitments and Contingencies) CommitmentsAndContingencies - USD Point-in-time
Preferred stock, par value $1 per share; authorized shares10,000,000; issued and outstandingnone PreferredStockValue - USD Point-in-time
Preferred stock, par value $1 per share; authorized shares10,000,000; issued and outstandingnone PreferredStockValue - USD Point-in-time
Common stock, par value $1 per share; authorized shares--400,000,000; issued shares--283,186,115 and 283,186,115 CommonStockValue $283.00M USD Point-in-time
Common stock, par value $1 per share; authorized shares--400,000,000; issued shares--283,186,115 and 283,186,115 CommonStockValue $283.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $2.92B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $2.52B USD Point-in-time
Retained earnings (deficit) RetainedEarningsAccumulatedDeficit $-1.14B USD Point-in-time
Retained earnings (deficit) RetainedEarningsAccumulatedDeficit $-653.00M USD Point-in-time
Accumulated other comprehensive income (loss), net of tax of $7 and $8 AccumulatedOtherComprehensiveIncomeLossNetOfTax $-283.00M USD Point-in-time
Accumulated other comprehensive income (loss), net of tax of $7 and $8 AccumulatedOtherComprehensiveIncomeLossNetOfTax $115.00M USD Point-in-time
Accumulated other comprehensive income (loss), net of tax of $7 and $8 AccumulatedOtherComprehensiveIncomeLossNetOfTax $-139.00M USD Point-in-time
Accumulated other comprehensive income (loss), net of tax of $7 and $8 AccumulatedOtherComprehensiveIncomeLossNetOfTax $100.00M USD Point-in-time
Treasury stock, at cost--232,046,875 and 228,333,444 shares TreasuryStockValue $3.17B USD Point-in-time
Treasury stock, at cost--232,046,875 and 228,333,444 shares TreasuryStockValue $3.15B USD Point-in-time
Total shareholders' equity of MBIA Inc. StockholdersEquity $-882.00M USD Point-in-time
Total shareholders' equity of MBIA Inc. StockholdersEquity $-1.66B USD Point-in-time
Preferred stock of subsidiary and noncontrolling interest held for sale MinorityInterestAmountRepresentedByPreferredStockAndMinorityInterestsHeldForSale $6.00M USD Point-in-time
Preferred stock of subsidiary and noncontrolling interest held for sale MinorityInterestAmountRepresentedByPreferredStockAndMinorityInterestsHeldForSale $10.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-876.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-1.65B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-300.00M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $2.61B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $3.38B USD Point-in-time
Income Statement 69 line items
Line Item Tag Value Unit Period
Net realized investment gains (losses) RealizedInvestmentGainsLosses $5.00M USD Annual
Net realized investment gains (losses) RealizedInvestmentGainsLosses $-41.00M USD Annual
Net realized investment gains (losses) RealizedInvestmentGainsLosses $-76.00M USD Annual
Net gains (losses) on financial instruments at fair value and foreign exchange NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange $40.00M USD Annual
Net gains (losses) on financial instruments at fair value and foreign exchange NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange $4.00M USD Annual
Net gains (losses) on financial instruments at fair value and foreign exchange NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange $45.00M USD Annual
Net gains (losses) on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $4.00M USD Annual
Net gains (losses) on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $1.00M USD Annual
Net gains (losses) on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $30.00M USD Annual
Fees and reimbursements FeesAndReimbursements - USD Annual
Fees and reimbursements FeesAndReimbursements $7.00M USD Annual
Fees and reimbursements FeesAndReimbursements $5.00M USD Annual
Total revenues Revenues $189.00M USD Annual
Total revenues Revenues $154.00M USD Annual
Total revenues Revenues $7.00M USD Annual
Losses and loss adjustment LossesAndLossAdjustment $177.00M USD Annual
Losses and loss adjustment LossesAndLossAdjustment $350.00M USD Annual
Losses and loss adjustment LossesAndLossAdjustment $38.00M USD Annual
Interest InterestExpense $210.00M USD Annual
Interest InterestExpense $163.00M USD Annual
Interest InterestExpense $179.00M USD Annual
Total expenses BenefitsLossesAndExpenses $302.00M USD Annual
Total expenses BenefitsLossesAndExpenses $634.00M USD Annual
Total expenses BenefitsLossesAndExpenses $491.00M USD Annual
Income (loss) from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-445.00M USD Annual
Income (loss) from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-148.00M USD Annual
Income (loss) from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-484.00M USD Annual
Provision (benefit) for income taxes IncomeTaxExpenseBenefit - USD Annual
Provision (benefit) for income taxes IncomeTaxExpenseBenefit - USD Annual
Provision (benefit) for income taxes IncomeTaxExpenseBenefit $1.00M USD Annual
Income (loss) from continuing operations IncomeLossFromContinuingOperations $-149.00M USD Annual
Income (loss) from continuing operations IncomeLossFromContinuingOperations $-445.00M USD Annual
Income (loss) from continuing operations IncomeLossFromContinuingOperations $-484.00M USD Annual
Income (loss) from discontinued operations, net of income taxes IncomeLossFromDiscontinuedOperationsNetOfTax $-3.00M USD Annual
Income (loss) from discontinued operations, net of income taxes IncomeLossFromDiscontinuedOperationsNetOfTax - USD Annual
Income (loss) from discontinued operations, net of income taxes IncomeLossFromDiscontinuedOperationsNetOfTax $-54.00M USD Annual
Net income (loss) ProfitLoss $-445.00M USD Annual
Net income (loss) ProfitLoss $-203.00M USD Annual
Net income (loss) ProfitLoss $-487.00M USD Annual
Less: Net income from discontinued operations attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest - USD Annual
Less: Net income from discontinued operations attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-8.00M USD Annual
Less: Net income from discontinued operations attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $4.00M USD Annual
Net income (loss) attributable to MBIA Inc. NetIncomeLossAttributableToParentNetOfTax $-445.00M USD Annual
Net income (loss) attributable to MBIA Inc. NetIncomeLossAttributableToParentNetOfTax $-491.00M USD Annual
Net income (loss) attributable to MBIA Inc. NetIncomeLossAttributableToParentNetOfTax $-195.00M USD Annual
Continuing operations - basic IncomeLossFromContinuingOperationsPerBasicShare $-3.00 USD Annual
Continuing operations - basic IncomeLossFromContinuingOperationsPerBasicShare $-8.99 USD Annual
Continuing operations - basic IncomeLossFromContinuingOperationsPerBasicShare $-10.03 USD Annual
Continuing operations - diluted IncomeLossFromContinuingOperationsPerDilutedShare $-10.03 USD Annual
Continuing operations - diluted IncomeLossFromContinuingOperationsPerDilutedShare $-3.00 USD Annual
Continuing operations - diluted IncomeLossFromContinuingOperationsPerDilutedShare $-8.99 USD Annual
Discontinued operations - basic IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD Annual
Discontinued operations - basic IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.15 USD Annual
Discontinued operations - basic IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.92 USD Annual
Discontinued operations - diluted IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.92 USD Annual
Discontinued operations - diluted IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD Annual
Discontinued operations - diluted IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.15 USD Annual
Net income (loss) per common share attributable to MBIA Inc. - basic EarningsPerShareBasic $-10.18 USD Annual
Net income (loss) per common share attributable to MBIA Inc. - basic EarningsPerShareBasic $-3.92 USD Annual
Net income (loss) per common share attributable to MBIA Inc. - basic EarningsPerShareBasic $-8.99 USD Annual
Net income (loss) per common share attributable to MBIA Inc. - diluted EarningsPerShareDiluted $-10.18 USD Annual
Net income (loss) per common share attributable to MBIA Inc. - diluted EarningsPerShareDiluted $-8.99 USD Annual
Net income (loss) per common share attributable to MBIA Inc. - diluted EarningsPerShareDiluted $-3.92 USD Annual
Basic WeightedAverageNumberOfSharesOutstandingBasic 49.80M shares Annual
Basic WeightedAverageNumberOfSharesOutstandingBasic 48.21M shares Annual
Basic WeightedAverageNumberOfSharesOutstandingBasic 49.47M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 49.47M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 48.21M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 49.80M shares Annual
Cash Flow Statement 182 line items
Line Item Tag Value Unit Period
Premiums, fees and reimbursements received ProceedsFromInsurancePremiumsCollected $18.00M USD Annual
Premiums, fees and reimbursements received ProceedsFromInsurancePremiumsCollected $44.00M USD Annual
Premiums, fees and reimbursements received ProceedsFromInsurancePremiumsCollected $25.00M USD Annual
Investment income received ProceedsFromInterestAndDividendsReceived $105.00M USD Annual
Investment income received ProceedsFromInterestAndDividendsReceived $92.00M USD Annual
Investment income received ProceedsFromInterestAndDividendsReceived $77.00M USD Annual
Proceeds from litigation settlement ProceedsFromLegalSettlements - USD Annual
Proceeds from litigation settlement ProceedsFromLegalSettlements $18.00M USD Annual
Proceeds from litigation settlement ProceedsFromLegalSettlements - USD Annual
Financial guarantee losses and loss adjustment expenses paid PaymentsForLossesAndLossAdjustmentExpense $1.11B USD Annual
Financial guarantee losses and loss adjustment expenses paid PaymentsForLossesAndLossAdjustmentExpense $214.00M USD Annual
Financial guarantee losses and loss adjustment expenses paid PaymentsForLossesAndLossAdjustmentExpense $343.00M USD Annual
Proceeds from recoveries and reinsurance, net of salvage paid to reinsurers ProceedsFromRecoveriesAndReinsuranceNetOfSalvagePaidToReinsurers $282.00M USD Annual
Proceeds from recoveries and reinsurance, net of salvage paid to reinsurers ProceedsFromRecoveriesAndReinsuranceNetOfSalvagePaidToReinsurers $694.00M USD Annual
Proceeds from recoveries and reinsurance, net of salvage paid to reinsurers ProceedsFromRecoveriesAndReinsuranceNetOfSalvagePaidToReinsurers $10.00M USD Annual
Proceeds from loan repurchase commitments ProceedsFromLoanRepurchaseCommitmentsOne - USD Annual
Proceeds from loan repurchase commitments ProceedsFromLoanRepurchaseCommitmentsOne $600.00M USD Annual
Proceeds from loan repurchase commitments ProceedsFromLoanRepurchaseCommitmentsOne - USD Annual
Operating expenses paid and other operating PaymentsForOtherOperatingActivities $88.00M USD Annual
Operating expenses paid and other operating PaymentsForOtherOperatingActivities $97.00M USD Annual
Operating expenses paid and other operating PaymentsForOtherOperatingActivities $71.00M USD Annual
Other proceeds from consolidated variable interest entities OtherProceedsFromConsolidatedVariableInterestEntitiesOperatingActivities - USD Annual
Other proceeds from consolidated variable interest entities OtherProceedsFromConsolidatedVariableInterestEntitiesOperatingActivities $28.00M USD Annual
Other proceeds from consolidated variable interest entities OtherProceedsFromConsolidatedVariableInterestEntitiesOperatingActivities - USD Annual
Interest paid, net of interest converted to principal InterestPaidNet $64.00M USD Annual
Interest paid, net of interest converted to principal InterestPaidNet $61.00M USD Annual
Interest paid, net of interest converted to principal InterestPaidNet $43.00M USD Annual
Income taxes (paid) received IncomeTaxesPaidNet - USD Annual
Income taxes (paid) received IncomeTaxesPaidNet $1.00M USD Annual
Income taxes (paid) received IncomeTaxesPaidNet - USD Annual
Cash (used) provided by discontinued operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $2.00M USD Annual
Cash (used) provided by discontinued operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations - USD Annual
Cash (used) provided by discontinued operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $-7.00M USD Annual
Net cash provided (used) by operating activities NetCashProvidedByUsedInOperatingActivities $-195.00M USD Annual
Net cash provided (used) by operating activities NetCashProvidedByUsedInOperatingActivities $-418.00M USD Annual
Net cash provided (used) by operating activities NetCashProvidedByUsedInOperatingActivities $511.00M USD Annual
Purchases of available-for-sale investments PaymentsToAcquireMarketableSecurities $366.00M USD Annual
Purchases of available-for-sale investments PaymentsToAcquireMarketableSecurities $1.16B USD Annual
Purchases of available-for-sale investments PaymentsToAcquireMarketableSecurities $1.01B USD Annual
Sales of available-for-sale investments ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $943.00M USD Annual
Sales of available-for-sale investments ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $597.00M USD Annual
Sales of available-for-sale investments ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $1.10B USD Annual
Paydowns, maturities and other proceeds of available-for-sale investments ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $411.00M USD Annual
Paydowns, maturities and other proceeds of available-for-sale investments ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $214.00M USD Annual
Paydowns, maturities and other proceeds of available-for-sale investments ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $626.00M USD Annual
Purchases of investments at fair value PaymentsToAcquireTradingSecuritiesHeldforinvestment $206.00M USD Annual
Purchases of investments at fair value PaymentsToAcquireTradingSecuritiesHeldforinvestment $77.00M USD Annual
Purchases of investments at fair value PaymentsToAcquireTradingSecuritiesHeldforinvestment $148.00M USD Annual
Sales, paydowns, maturities and other proceeds of investments at fair value ProceedsFromSaleOfTradingSecuritiesHeldforinvestment $279.00M USD Annual
Sales, paydowns, maturities and other proceeds of investments at fair value ProceedsFromSaleOfTradingSecuritiesHeldforinvestment $228.00M USD Annual
Sales, paydowns, maturities and other proceeds of investments at fair value ProceedsFromSaleOfTradingSecuritiesHeldforinvestment $174.00M USD Annual
Sales, paydowns and maturities (purchases) of short-term investments, net PaymentsForProceedsFromShortTermInvestments $186.00M USD Annual
Sales, paydowns and maturities (purchases) of short-term investments, net PaymentsForProceedsFromShortTermInvestments $-31.00M USD Annual
Sales, paydowns and maturities (purchases) of short-term investments, net PaymentsForProceedsFromShortTermInvestments $99.00M USD Annual
Paydowns and maturities of loans receivable and other instruments at fair value ProceedsFromSaleAndCollectionOfLoansReceivable $8.00M USD Annual
Paydowns and maturities of loans receivable and other instruments at fair value ProceedsFromSaleAndCollectionOfLoansReceivable $9.00M USD Annual
Paydowns and maturities of loans receivable and other instruments at fair value ProceedsFromSaleAndCollectionOfLoansReceivable $77.00M USD Annual
Consolidation of variable interest entities ProceedsFromConsolidationOfVariableInterestEntity - USD Annual
Consolidation of variable interest entities ProceedsFromConsolidationOfVariableInterestEntity $2.00M USD Annual
Consolidation of variable interest entities ProceedsFromConsolidationOfVariableInterestEntity - USD Annual
Deconsolidation of variable interest entities PaymentToDeconsolidationOfVariableInterestEntity - USD Annual
Deconsolidation of variable interest entities PaymentToDeconsolidationOfVariableInterestEntity $2.00M USD Annual
Deconsolidation of variable interest entities PaymentToDeconsolidationOfVariableInterestEntity - USD Annual
(Payments) proceeds for derivative settlements PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $66.00M USD Annual
(Payments) proceeds for derivative settlements PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $10.00M USD Annual
(Payments) proceeds for derivative settlements PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $38.00M USD Annual
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment - USD Annual
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment - USD Annual
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $1.00M USD Annual
Proceeds (payments) from discontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $10.00M USD Annual
Proceeds (payments) from discontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $-9.00M USD Annual
Proceeds (payments) from discontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations - USD Annual
Net cash provided (used) by investing activities NetCashProvidedByUsedInInvestingActivities $-61.00M USD Annual
Net cash provided (used) by investing activities NetCashProvidedByUsedInInvestingActivities $767.00M USD Annual
Net cash provided (used) by investing activities NetCashProvidedByUsedInInvestingActivities $623.00M USD Annual
Proceeds from investment agreements ProceedsFromIssuanceOfOtherLongTermDebt $7.00M USD Annual
Proceeds from investment agreements ProceedsFromIssuanceOfOtherLongTermDebt $8.00M USD Annual
Proceeds from investment agreements ProceedsFromIssuanceOfOtherLongTermDebt $2.00M USD Annual
Principal paydowns of investment agreements RepaymentsOfOtherLongTermDebt $2.00M USD Annual
Principal paydowns of investment agreements RepaymentsOfOtherLongTermDebt $12.00M USD Annual
Principal paydowns of investment agreements RepaymentsOfOtherLongTermDebt $54.00M USD Annual
Principal paydowns of medium-term notes RepaymentsOfMediumTermNotes $15.00M USD Annual
Principal paydowns of medium-term notes RepaymentsOfMediumTermNotes $81.00M USD Annual
Principal paydowns of medium-term notes RepaymentsOfMediumTermNotes $74.00M USD Annual
Proceeds from variable interest entity debt ProceedsFromVariableInterestEntityNotes - USD Annual
Proceeds from variable interest entity debt ProceedsFromVariableInterestEntityNotes $62.00M USD Annual
Proceeds from variable interest entity debt ProceedsFromVariableInterestEntityNotes $2.00M USD Annual
Principal paydowns/redemptions of variable interest entity debt ProceedsFromRepaymentsOfNotesPayable $-369.00M USD Annual
Principal paydowns/redemptions of variable interest entity debt ProceedsFromRepaymentsOfNotesPayable $-142.00M USD Annual
Principal paydowns/redemptions of variable interest entity debt ProceedsFromRepaymentsOfNotesPayable $-135.00M USD Annual
Dividends paid PaymentsOfDividends $409.00M USD Annual
Dividends paid PaymentsOfDividends - USD Annual
Dividends paid PaymentsOfDividends - USD Annual
Principal paydowns of long-term debt RepaymentOfPaydownsOfLongtermDebt $6.00M USD Annual
Principal paydowns of long-term debt RepaymentOfPaydownsOfLongtermDebt - USD Annual
Principal paydowns of long-term debt RepaymentOfPaydownsOfLongtermDebt $29.00M USD Annual
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $3.00M USD Annual
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $38.00M USD Annual
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $1.00M USD Annual
Cash provided (used) by discontinued operations CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations $5.00M USD Annual
Cash provided (used) by discontinued operations CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations - USD Annual
Cash provided (used) by discontinued operations CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations - USD Annual
Net cash provided (used) by financing activities NetCashProvidedByUsedInFinancingActivities $-542.00M USD Annual
Net cash provided (used) by financing activities NetCashProvidedByUsedInFinancingActivities $-285.00M USD Annual
Net cash provided (used) by financing activities NetCashProvidedByUsedInFinancingActivities $-457.00M USD Annual
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD Annual
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD Annual
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-2.00M USD Annual
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $30.00M USD Annual
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-82.00M USD Annual
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-7.00M USD Annual
Cash and cash equivalents - beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $108.00M USD Point-in-time
Cash and cash equivalents - beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $160.00M USD Point-in-time
Cash and cash equivalents - beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $167.00M USD Point-in-time
Cash and cash equivalents - beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $78.00M USD Point-in-time
Cash and cash equivalents - end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $108.00M USD Point-in-time
Cash and cash equivalents - end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $160.00M USD Point-in-time
Cash and cash equivalents - end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $167.00M USD Point-in-time
Cash and cash equivalents - end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $78.00M USD Point-in-time
Net income (loss) ProfitLoss $-445.00M USD Annual
Net income (loss) ProfitLoss $-203.00M USD Annual
Net income (loss) ProfitLoss $-487.00M USD Annual
Income (loss) from discontinued operations, net of income taxes IncomeLossFromDiscontinuedOperationsNetOfIncomeTax - USD Annual
Income (loss) from discontinued operations, net of income taxes IncomeLossFromDiscontinuedOperationsNetOfIncomeTax $3.00M USD Annual
Income (loss) from discontinued operations, net of income taxes IncomeLossFromDiscontinuedOperationsNetOfIncomeTax $54.00M USD Annual
Income (loss) from continuing operations IncomeLossFromContinuingOperations $-149.00M USD Annual
Income (loss) from continuing operations IncomeLossFromContinuingOperations $-445.00M USD Annual
Income (loss) from continuing operations IncomeLossFromContinuingOperations $-484.00M USD Annual
Premiums receivable IncreaseDecreaseInPremiumsReceivable $32.00M USD Annual
Premiums receivable IncreaseDecreaseInPremiumsReceivable $14.00M USD Annual
Premiums receivable IncreaseDecreaseInPremiumsReceivable $31.00M USD Annual
Unearned premium revenue IncreaseDecreaseInUnearnedPremiums $-83.00M USD Annual
Unearned premium revenue IncreaseDecreaseInUnearnedPremiums $-56.00M USD Annual
Unearned premium revenue IncreaseDecreaseInUnearnedPremiums $-34.00M USD Annual
Loss and loss adjustment expense reserves IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve $24.00M USD Annual
Loss and loss adjustment expense reserves IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve $-468.00M USD Annual
Loss and loss adjustment expense reserves IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve $-102.00M USD Annual
Insurance loss recoverable IncreaseDecreaseInInsuranceLossRecoverable $-120.00M USD Annual
Insurance loss recoverable IncreaseDecreaseInInsuranceLossRecoverable $-381.00M USD Annual
Insurance loss recoverable IncreaseDecreaseInInsuranceLossRecoverable $46.00M USD Annual
Loan repurchase commitements LoanRepurchaseCommitementsOne - USD Annual
Loan repurchase commitements LoanRepurchaseCommitementsOne - USD Annual
Loan repurchase commitements LoanRepurchaseCommitementsOne $604.00M USD Annual
Accrued interest payable IncreaseDecreaseInInterestPayableNet $133.00M USD Annual
Accrued interest payable IncreaseDecreaseInInterestPayableNet $121.00M USD Annual
Accrued interest payable IncreaseDecreaseInInterestPayableNet $107.00M USD Annual
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $4.00M USD Annual
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $25.00M USD Annual
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-43.00M USD Annual
Net realized investment gains (losses) RealizedInvestmentGainsLosses $5.00M USD Annual
Net realized investment gains (losses) RealizedInvestmentGainsLosses $-41.00M USD Annual
Net realized investment gains (losses) RealizedInvestmentGainsLosses $-76.00M USD Annual
Net (gains) losses on financial instruments at fair value and foreign exchange IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange $-41.00M USD Annual
Net (gains) losses on financial instruments at fair value and foreign exchange IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange $31.00M USD Annual
Net (gains) losses on financial instruments at fair value and foreign exchange IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange $35.00M USD Annual
Other net realized (gains) losses IncreaseDecreaseInOtherNetRealizedGainsLosses $30.00M USD Annual
Other net realized (gains) losses IncreaseDecreaseInOtherNetRealizedGainsLosses $21.00M USD Annual
Other net realized (gains) losses IncreaseDecreaseInOtherNetRealizedGainsLosses $-7.00M USD Annual
Other operating OtherNoncashIncomeExpense $-26.00M USD Annual
Other operating OtherNoncashIncomeExpense $-22.00M USD Annual
Other operating OtherNoncashIncomeExpense $-33.00M USD Annual
Total adjustments to income (loss) from continuing operations AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-269.00M USD Annual
Total adjustments to income (loss) from continuing operations AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $289.00M USD Annual
Total adjustments to income (loss) from continuing operations AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $956.00M USD Annual
Net cash provided (used) by operating activities NetCashProvidedByUsedInOperatingActivities $-195.00M USD Annual
Net cash provided (used) by operating activities NetCashProvidedByUsedInOperatingActivities $-418.00M USD Annual
Net cash provided (used) by operating activities NetCashProvidedByUsedInOperatingActivities $511.00M USD Annual
Loans receivable disposed of a variable interest entity LoansReceivableDisposedOfVariableInterestEntity - USD Annual
Loans receivable disposed of a variable interest entity LoansReceivableDisposedOfVariableInterestEntity $28.00M USD Annual
Loans receivable disposed of a variable interest entity LoansReceivableDisposedOfVariableInterestEntity - USD Annual
Other investments, received from sale of net assets held for sale OtherInvestmentsReceivedFromSaleOfNetAssetsHeldForSale - USD Annual
Other investments, received from sale of net assets held for sale OtherInvestmentsReceivedFromSaleOfNetAssetsHeldForSale $3.00M USD Annual
Other investments, received from sale of net assets held for sale OtherInvestmentsReceivedFromSaleOfNetAssetsHeldForSale - USD Annual
Fixed-maturity securities held as available-for-sale, received as salvage FixeMaturitySecuritiesHeldAsAvailableForSaleReceivedAsSalvage - USD Annual
Fixed-maturity securities held as available-for-sale, received as salvage FixeMaturitySecuritiesHeldAsAvailableForSaleReceivedAsSalvage - USD Annual
Fixed-maturity securities held as available-for-sale, received as salvage FixeMaturitySecuritiesHeldAsAvailableForSaleReceivedAsSalvage $582.00M USD Annual
Investments carried at fair value, received as salvage InvestmentsCarriedAtFairValueReceivedAsSalvage - USD Annual
Investments carried at fair value, received as salvage InvestmentsCarriedAtFairValueReceivedAsSalvage - USD Annual
Investments carried at fair value, received as salvage InvestmentsCarriedAtFairValueReceivedAsSalvage $277.00M USD Annual
Variable interest entity notes disposed of upon deconsolidation VariableInterestEntityNotesDisposedOfUponDeconsolidation - USD Annual
Variable interest entity notes disposed of upon deconsolidation VariableInterestEntityNotesDisposedOfUponDeconsolidation - USD Annual
Variable interest entity notes disposed of upon deconsolidation VariableInterestEntityNotesDisposedOfUponDeconsolidation $22.00M USD Annual
Stockholders Equity 25 line items
Line Item Tag Value Unit Period
Balance (in common stock shares) CommonStockSharesIssued 283.19M shares Point-in-time
Balance (in common stock shares) CommonStockSharesIssued 283.19M shares Point-in-time
Balance (in preferred stock shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Balance (in preferred stock shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Total equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-876.00M USD Point-in-time
Total equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-1.65B USD Point-in-time
Total equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-300.00M USD Point-in-time
Balance (in treasury stock shares) TreasuryStockCommonShares 228.33M shares Point-in-time
Balance (in treasury stock shares) TreasuryStockCommonShares 232.32M shares Point-in-time
Net income (loss) attributable to MBIA Inc. NetIncomeLoss $-491.00M USD Annual
Net income (loss) attributable to MBIA Inc. NetIncomeLoss $-195.00M USD Annual
Net income (loss) attributable to MBIA Inc. NetIncomeLoss $-445.00M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $144.00M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-383.00M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-15.00M USD Annual
Treasury shares acquired under share repurchase program (in shares) TreasuryStockSharesAcquired 3.60M shares Annual
Total equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-876.00M USD Point-in-time
Total equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-1.65B USD Point-in-time
Total equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-300.00M USD Point-in-time
Balance (in treasury stock shares) TreasuryStockCommonShares 228.33M shares Point-in-time
Balance (in treasury stock shares) TreasuryStockCommonShares 232.32M shares Point-in-time
Balance (in common stock shares) CommonStockSharesIssued 283.19M shares Point-in-time
Balance (in common stock shares) CommonStockSharesIssued 283.19M shares Point-in-time
Balance (in preferred stock shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Balance (in preferred stock shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Comprehensive Income 24 line items
Line Item Tag Value Unit Period
Net income (loss) attributable to MBIA Inc. NetIncomeLoss $-491.00M USD Annual
Net income (loss) attributable to MBIA Inc. NetIncomeLoss $-195.00M USD Annual
Net income (loss) attributable to MBIA Inc. NetIncomeLoss $-445.00M USD Annual
Unrealized gains (losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $33.00M USD Annual
Unrealized gains (losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-26.00M USD Annual
Unrealized gains (losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-362.00M USD Annual
Reclassification adjustments for (gains) losses included in net income (loss) OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $10.00M USD Annual
Reclassification adjustments for (gains) losses included in net income (loss) OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $12.00M USD Annual
Reclassification adjustments for (gains) losses included in net income (loss) OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $-67.00M USD Annual
Foreign currency translation gains (losses) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax - USD Annual
Foreign currency translation gains (losses) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $4.00M USD Annual
Foreign currency translation gains (losses) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $2.00M USD Annual
Unrealized gains (losses) arising during the period OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodBeforeTax $-1.00M USD Annual
Unrealized gains (losses) arising during the period OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodBeforeTax $-17.00M USD Annual
Unrealized gains (losses) arising during the period OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodBeforeTax $-31.00M USD Annual
Reclassification adjustments for (gains) losses included in net income (loss) OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionBeforeTax $-45.00M USD Annual
Reclassification adjustments for (gains) losses included in net income (loss) OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionBeforeTax $-36.00M USD Annual
Reclassification adjustments for (gains) losses included in net income (loss) OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionReclassificationAdjustmentFromAociForDerecognitionBeforeTax $-18.00M USD Annual
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $144.00M USD Annual
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-383.00M USD Annual
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-15.00M USD Annual
Comprehensive income (loss) attributable to MBIA Inc. ComprehensiveIncomeNetOfTax $-460.00M USD Annual
Comprehensive income (loss) attributable to MBIA Inc. ComprehensiveIncomeNetOfTax $-347.00M USD Annual
Comprehensive income (loss) attributable to MBIA Inc. ComprehensiveIncomeNetOfTax $-578.00M USD Annual

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

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