10-Q Filing

MBIA INC CIK: 814585 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001193125-13-438382`
Period End Date	20130930
Filing Date	20131112
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	mbi-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 66 Cash Flow Statement 112 Stockholders Equity 34 Comprehensive Income 72

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Fixed-maturity securities held as available-for-sale, amortized cost	`AvailableForSaleSecuritiesAmortizedCost`	$6.12B	USD	Point-in-time
Fixed-maturity securities held as available-for-sale, amortized cost	`AvailableForSaleSecuritiesAmortizedCost`	$6.44B	USD	Point-in-time
Investments held-to-maturity, fair value	`HeldToMaturitySecuritiesFairValue`	$2.67B	USD	Point-in-time
Investments held-to-maturity, fair value	`HeldToMaturitySecuritiesFairValue`	$2.57B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.10B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$633.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$990.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$441.00M	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
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Deferred income taxes, net	`DeferredTaxAssetsNet`	$1.20B	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`	277.80M	shares	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	277.41M	shares	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveLossDeferredIncomeTax`	$21.00M	USD	Point-in-time
Investments held-to-maturity, at amortized cost (fair value $2,566 and $2,674)	`HeldToMaturitySecurities`	$2.81B	USD	Point-in-time
Accumulated other comprehensive loss, net of tax	`AccumulatedOtherComprehensiveLossDeferredIncomeTax`	$30.00M	USD	Point-in-time
Investments held-to-maturity, at amortized cost (fair value $2,566 and $2,674)	`HeldToMaturitySecurities`	$2.83B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	81.73M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	85.55M	shares	Point-in-time
Total assets	`Assets`	$21.72B	USD	Point-in-time
Total assets	`Assets`	$17.63B	USD	Point-in-time
Total assets	`Assets`	$22.13B	USD	Point-in-time
Total liabilities	`Liabilities`	$18.53B	USD	Point-in-time
Total liabilities	`Liabilities`	$14.43B	USD	Point-in-time
Commitments and contingencies (See Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $1 per share; authorized shares--10,000,000; issued and outstanding--none	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $1 per share; authorized shares--10,000,000; issued and outstanding--none	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $1 per share; authorized shares--400,000,000; issued shares--277,804,062 and 277,405,039	`CommonStockValue`	$278.00M	USD	Point-in-time
Common stock, par value $1 per share; authorized shares--400,000,000; issued shares--277,804,062 and 277,405,039	`CommonStockValue`	$277.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.11B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.08B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.16B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.04B	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax of $30 and $21	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$56.00M	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax of $30 and $21	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-50.00M	USD	Point-in-time
Treasury stock, at cost--85,551,418 and 81,733,530 shares	`TreasuryStockValue`	$2.27B	USD	Point-in-time
Treasury stock, at cost--85,551,418 and 81,733,530 shares	`TreasuryStockValue`	$2.32B	USD	Point-in-time
Total shareholders' equity of MBIA Inc.	`StockholdersEquity`	$3.17B	USD	Point-in-time
Total shareholders' equity of MBIA Inc.	`StockholdersEquity`	$3.18B	USD	Point-in-time
Preferred stock of subsidiary and noncontrolling interest	`PreferredStockOfSubsidiaryAndNoncontrollingInterestValue`	$21.00M	USD	Point-in-time
Preferred stock of subsidiary and noncontrolling interest	`PreferredStockOfSubsidiaryAndNoncontrollingInterestValue`	$21.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.19B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.20B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$17.63B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$21.72B	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Unrealized gains (losses) on insured derivatives	`UnrealizedGainLossOnDerivatives`	$1.56B	USD	3 Qtrs
Unrealized gains (losses) on insured derivatives	`UnrealizedGainLossOnDerivatives`	$1.47B	USD	3 Qtrs
Net change in fair value of insured derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$-21.00M	USD	1 Quarter
Net change in fair value of insured derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$14.00M	USD	3 Qtrs
Net change in fair value of insured derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$1.05B	USD	3 Qtrs
Net change in fair value of insured derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$257.00M	USD	1 Quarter
Net gains (losses) on financial instruments at fair value and foreign exchange	`NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange`	$-18.00M	USD	3 Qtrs
Net gains (losses) on financial instruments at fair value and foreign exchange	`NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange`	$7.00M	USD	1 Quarter
Net gains (losses) on financial instruments at fair value and foreign exchange	`NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange`	$62.00M	USD	3 Qtrs
Net gains (losses) on financial instruments at fair value and foreign exchange	`NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange`	$5.00M	USD	1 Quarter
Net investment losses related to other-than-temporary impairments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	-	USD	3 Qtrs
Net investment losses related to other-than-temporary impairments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	-	USD	1 Quarter
Net investment losses related to other-than-temporary impairments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$105.00M	USD	3 Qtrs
Net investment losses related to other-than-temporary impairments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$8.00M	USD	1 Quarter
Net gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Net gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Net gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$6.00M	USD	1 Quarter
Net gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$49.00M	USD	3 Qtrs
Other net realized gains (losses)	`OtherIncome`	$1.00M	USD	1 Quarter
Other net realized gains (losses)	`OtherIncome`	$-29.00M	USD	1 Quarter
Other net realized gains (losses)	`OtherIncome`	$7.00M	USD	3 Qtrs
Other net realized gains (losses)	`OtherIncome`	$-29.00M	USD	3 Qtrs
Total revenues	`Revenues`	$420.00M	USD	1 Quarter
Total revenues	`Revenues`	$751.00M	USD	3 Qtrs
Total revenues	`Revenues`	$281.00M	USD	1 Quarter
Total revenues	`Revenues`	$1.70B	USD	3 Qtrs
Losses and loss adjustment	`PolicyholderBenefitsAndClaimsIncurredNet`	$171.00M	USD	1 Quarter
Losses and loss adjustment	`PolicyholderBenefitsAndClaimsIncurredNet`	$330.00M	USD	3 Qtrs
Losses and loss adjustment	`PolicyholderBenefitsAndClaimsIncurredNet`	$92.00M	USD	3 Qtrs
Losses and loss adjustment	`PolicyholderBenefitsAndClaimsIncurredNet`	$98.00M	USD	1 Quarter
Interest	`InterestExpense`	$59.00M	USD	1 Quarter
Interest	`InterestExpense`	$214.00M	USD	3 Qtrs
Interest	`InterestExpense`	$69.00M	USD	1 Quarter
Interest	`InterestExpense`	$179.00M	USD	3 Qtrs
Total expenses	`BenefitsLossesAndExpenses`	$629.00M	USD	3 Qtrs
Total expenses	`BenefitsLossesAndExpenses`	$338.00M	USD	1 Quarter
Total expenses	`BenefitsLossesAndExpenses`	$249.00M	USD	1 Quarter
Total expenses	`BenefitsLossesAndExpenses`	$944.00M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$122.00M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-57.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$759.00M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$171.00M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$4.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$39.00M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$161.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-64.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$132.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$118.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$7.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$598.00M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.61	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$3.09	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.68	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.67	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.60	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$3.07	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	192.71M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	193.76M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	193.44M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	193.88M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	194.84M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	194.98M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	196.75M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	197.76M	shares	3 Qtrs

Cash Flow Statement 112 line items

Line Item	Tag	Value	Unit	Period
Premiums, fees and reimbursements received	`ProceedsFromInsurancePremiumsCollected`	$223.00M	USD	3 Qtrs
Premiums, fees and reimbursements received	`ProceedsFromInsurancePremiumsCollected`	$143.00M	USD	3 Qtrs
Investment income received	`ProceedsFromInterestAndDividendsReceived`	$326.00M	USD	3 Qtrs
Investment income received	`ProceedsFromInterestAndDividendsReceived`	$459.00M	USD	3 Qtrs
Insured derivative commutations and losses paid	`PaymentsForNetRealizedLossesOnInsuredDerivativesPaid`	$463.00M	USD	3 Qtrs
Insured derivative commutations and losses paid	`PaymentsForNetRealizedLossesOnInsuredDerivativesPaid`	$453.00M	USD	3 Qtrs
Financial guarantee losses and loss adjustment expenses paid	`PaymentsForLossesAndLossAdjustmentExpense`	$620.00M	USD	3 Qtrs
Financial guarantee losses and loss adjustment expenses paid	`PaymentsForLossesAndLossAdjustmentExpense`	$382.00M	USD	3 Qtrs
Proceeds from recoveries and reinsurance	`ProceedsFromReinsuranceAndRecoveries`	$131.00M	USD	3 Qtrs
Proceeds from recoveries and reinsurance	`ProceedsFromReinsuranceAndRecoveries`	$1.80B	USD	3 Qtrs
Operating and employee related expenses paid	`PaymentsForOperatingActivities`	$227.00M	USD	3 Qtrs
Operating and employee related expenses paid	`PaymentsForOperatingActivities`	$300.00M	USD	3 Qtrs
Interest paid, net of interest converted to principal	`InterestPaid`	$170.00M	USD	3 Qtrs
Interest paid, net of interest converted to principal	`InterestPaid`	$377.00M	USD	3 Qtrs
Income taxes (paid) received	`IncomeTaxesPaidNet`	$1.00M	USD	3 Qtrs
Income taxes (paid) received	`IncomeTaxesPaidNet`	$8.00M	USD	3 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.03B	USD	3 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-955.00M	USD	3 Qtrs
Purchase of fixed-maturity securities	`PaymentsToAcquireAvailableForSaleSecurities`	$2.70B	USD	3 Qtrs
Purchase of fixed-maturity securities	`PaymentsToAcquireAvailableForSaleSecurities`	$2.03B	USD	3 Qtrs
Sale and redemption of fixed-maturity securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$3.44B	USD	3 Qtrs
Sale and redemption of fixed-maturity securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$4.28B	USD	3 Qtrs
Proceeds from paydowns on variable interest entity loans	`ProceedsFromSaleAndCollectionOfLoansReceivable`	$203.00M	USD	3 Qtrs
Proceeds from paydowns on variable interest entity loans	`ProceedsFromSaleAndCollectionOfLoansReceivable`	$211.00M	USD	3 Qtrs
Redemptions of held-to-maturity investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities`	$20.00M	USD	3 Qtrs
Redemptions of held-to-maturity investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities`	$828.00M	USD	3 Qtrs
Sale (purchase) of short-term investments, net	`PaymentsForProceedsFromShortTermInvestments`	$-335.00M	USD	3 Qtrs
Sale (purchase) of short-term investments, net	`PaymentsForProceedsFromShortTermInvestments`	$665.00M	USD	3 Qtrs
Sale (purchase) of other investments, net	`PaymentsForProceedsFromOtherInterestEarningAssets`	$-109.00M	USD	3 Qtrs
Sale (purchase) of other investments, net	`PaymentsForProceedsFromOtherInterestEarningAssets`	$-5.00M	USD	3 Qtrs
Consolidation (deconsolidation) of variable interest entities, net	`ProceedsFromConsolidationOfVariableInterestEntity`	$-51.00M	USD	3 Qtrs
Consolidation (deconsolidation) of variable interest entities, net	`ProceedsFromConsolidationOfVariableInterestEntity`	$-26.00M	USD	3 Qtrs
(Payments) proceeds for derivative settlements	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$266.00M	USD	3 Qtrs
(Payments) proceeds for derivative settlements	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$51.00M	USD	3 Qtrs
Collateral (to) from swap counterparty	`IncreaseDecreaseCashCollateralFromCounterparties`	$65.00M	USD	3 Qtrs
Collateral (to) from swap counterparty	`IncreaseDecreaseCashCollateralFromCounterparties`	$-298.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.00M	USD	3 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$3.11B	USD	3 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$297.00M	USD	3 Qtrs
Proceeds from investment agreements	`ProceedsFromIssuanceOfOtherLongTermDebt`	$25.00M	USD	3 Qtrs
Proceeds from investment agreements	`ProceedsFromIssuanceOfOtherLongTermDebt`	$52.00M	USD	3 Qtrs
Principal paydowns of investment agreements	`RepaymentsOfOtherLongTermDebt`	$629.00M	USD	3 Qtrs
Principal paydowns of investment agreements	`RepaymentsOfOtherLongTermDebt`	$218.00M	USD	3 Qtrs
Proceeds from medium-term notes	`ProceedsFromIssuanceOfMediumTermNotes`	-	USD	3 Qtrs
Proceeds from medium-term notes	`ProceedsFromIssuanceOfMediumTermNotes`	$18.00M	USD	3 Qtrs
Principal paydowns of medium-term notes	`RepaymentsOfMediumTermNotes`	$77.00M	USD	3 Qtrs
Principal paydowns of medium-term notes	`RepaymentsOfMediumTermNotes`	$74.00M	USD	3 Qtrs
Principal paydowns of variable interest entity notes	`RepaymentsOfNotesPayable`	$1.00B	USD	3 Qtrs
Principal paydowns of variable interest entity notes	`RepaymentsOfNotesPayable`	$1.06B	USD	3 Qtrs
Payments for securities sold under agreements to repurchase	`ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase`	$-287.00M	USD	3 Qtrs
Payments for securities sold under agreements to repurchase	`ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase`	-	USD	3 Qtrs
Proceeds from secured loan	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	-	USD	3 Qtrs
Proceeds from secured loan	`ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet`	$50.00M	USD	3 Qtrs
Payments for retirement of debt	`RepaymentsOfLongTermDebt`	$364.00M	USD	3 Qtrs
Payments for retirement of debt	`RepaymentsOfLongTermDebt`	$3.00M	USD	3 Qtrs
Change in noncontrolling interest and redemption of subsidiary preferred stock, net	`PaymentsToMinorityShareholders`	$1.00M	USD	3 Qtrs
Change in noncontrolling interest and redemption of subsidiary preferred stock, net	`PaymentsToMinorityShareholders`	-	USD	3 Qtrs
Restricted stock awards settlements, net	`ProceedsFromStockPlans`	-	USD	3 Qtrs
Restricted stock awards settlements, net	`ProceedsFromStockPlans`	$1.00M	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-2.34B	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.22B	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$7.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$113.00M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-192.00M	USD	3 Qtrs
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.10B	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$633.00M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$990.00M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$441.00M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.10B	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$633.00M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$990.00M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$441.00M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$132.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$118.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$7.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$598.00M	USD	3 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$-138.00M	USD	3 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$-98.00M	USD	3 Qtrs
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-35.00M	USD	3 Qtrs
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-32.00M	USD	3 Qtrs
Unearned premium revenue	`IncreaseDecreaseInUnearnedPremiums`	$-443.00M	USD	3 Qtrs
Unearned premium revenue	`IncreaseDecreaseInUnearnedPremiums`	$-392.00M	USD	3 Qtrs
Loss and loss adjustment expense reserves	`IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve`	$169.00M	USD	3 Qtrs
Loss and loss adjustment expense reserves	`IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve`	$-109.00M	USD	3 Qtrs
Insurance loss recoverable	`IncreaseDecreaseInInsuranceLossRecoverable`	$-2.80B	USD	3 Qtrs
Insurance loss recoverable	`IncreaseDecreaseInInsuranceLossRecoverable`	$270.00M	USD	3 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	-	USD	3 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$82.00M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-40.00M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$54.00M	USD	3 Qtrs
Net investment losses related to other-than-temporary impairments	`NetOtherThanTemporaryImpairments`	$105.00M	USD	3 Qtrs
Net investment losses related to other-than-temporary impairments	`NetOtherThanTemporaryImpairments`	-	USD	3 Qtrs
Unrealized (gains) losses on insured derivatives	`UnrealizedGainLossOnDerivatives`	$1.56B	USD	3 Qtrs
Unrealized (gains) losses on insured derivatives	`UnrealizedGainLossOnDerivatives`	$1.47B	USD	3 Qtrs
Net (gains) losses on financial instruments at fair value and foreign exchange	`IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange`	$190.00M	USD	3 Qtrs
Net (gains) losses on financial instruments at fair value and foreign exchange	`IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange`	$-35.00M	USD	3 Qtrs
Other net realized (gains) losses	`IncreaseDecreaseInOtherNetRealizedGainsLosses`	$-7.00M	USD	3 Qtrs
Other net realized (gains) losses	`IncreaseDecreaseInOtherNetRealizedGainsLosses`	$28.00M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$2.00M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$163.00M	USD	3 Qtrs
(Gains) losses on extinguishment of debt	`AdjustmentGainsLossesOnExtinguishmentOfDebt`	$49.00M	USD	3 Qtrs
(Gains) losses on extinguishment of debt	`AdjustmentGainsLossesOnExtinguishmentOfDebt`	$49.00M	USD	3 Qtrs
Interest on variable interest entities, net	`VieInterestNet`	$114.00M	USD	3 Qtrs
Interest on variable interest entities, net	`VieInterestNet`	$65.00M	USD	3 Qtrs
Other operating	`OtherNoncashIncomeExpense`	$-70.00M	USD	3 Qtrs
Other operating	`OtherNoncashIncomeExpense`	$-74.00M	USD	3 Qtrs
Total adjustments to net income (loss)	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-1.55B	USD	3 Qtrs
Total adjustments to net income (loss)	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$915.00M	USD	3 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.03B	USD	3 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-955.00M	USD	3 Qtrs

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Share-based compensation, net of tax of $4	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$4.00M	USD	3 Qtrs
Beginning balance MBIA Inc. equity	`StockholdersEquity`	$3.17B	USD	Point-in-time
Beginning balance MBIA Inc. equity	`StockholdersEquity`	$3.18B	USD	Point-in-time
Beginning balance MBIA Inc. equity (in shares)	`CommonStockSharesIssued`	277.80M	shares	Point-in-time
Beginning balance MBIA Inc. equity (in shares)	`CommonStockSharesIssued`	277.41M	shares	Point-in-time
Beginning balance treasury stock (in shares)	`TreasuryStockShares`	81.73M	shares	Point-in-time
Beginning balance treasury stock (in shares)	`TreasuryStockShares`	85.55M	shares	Point-in-time
Beginning balance (preferred and non-controlling value)	`PreferredStockOfSubsidiaryAndNoncontrollingInterestValue`	$21.00M	USD	Point-in-time
Beginning balance (preferred and non-controlling value)	`PreferredStockOfSubsidiaryAndNoncontrollingInterestValue`	$21.00M	USD	Point-in-time
Beginning balance (preferred shares)	`SubsidiaryPreferredStockShares`	1,315.00	shares	Point-in-time
Beginning balance (preferred shares)	`SubsidiaryPreferredStockShares`	1,315.00	shares	Point-in-time
Beginning balance total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.19B	USD	Point-in-time
Beginning balance total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.20B	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$132.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$118.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$7.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$598.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-106.00M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$36.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$54.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$266.00M	USD	3 Qtrs
Share-based compensation, net of tax of $4	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-5.00M	USD	3 Qtrs
Ending balance MBIA Inc. equity	`StockholdersEquity`	$3.17B	USD	Point-in-time
Ending balance MBIA Inc. equity	`StockholdersEquity`	$3.18B	USD	Point-in-time
Ending balance MBIA Inc. equity (in shares)	`CommonStockSharesIssued`	277.80M	shares	Point-in-time
Ending balance MBIA Inc. equity (in shares)	`CommonStockSharesIssued`	277.41M	shares	Point-in-time
Ending balance treasury stock (in shares)	`TreasuryStockShares`	81.73M	shares	Point-in-time
Ending balance treasury stock (in shares)	`TreasuryStockShares`	85.55M	shares	Point-in-time
Ending balance (preferred and non-controlling value)	`PreferredStockOfSubsidiaryAndNoncontrollingInterestValue`	$21.00M	USD	Point-in-time
Ending balance (preferred and non-controlling value)	`PreferredStockOfSubsidiaryAndNoncontrollingInterestValue`	$21.00M	USD	Point-in-time
Ending balance (preferred shares)	`SubsidiaryPreferredStockShares`	1,315.00	shares	Point-in-time
Ending balance (preferred shares)	`SubsidiaryPreferredStockShares`	1,315.00	shares	Point-in-time
Ending balance total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.19B	USD	Point-in-time
Ending balance total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.20B	USD	Point-in-time

Comprehensive Income 72 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$132.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$118.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$7.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$598.00M	USD	3 Qtrs
Unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$75.00M	USD	1 Quarter
Unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-155.00M	USD	3 Qtrs
Unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-15.00M	USD	1 Quarter
Unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$236.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$18.00M	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-55.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$70.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-6.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$166.00M	USD	3 Qtrs
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$57.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-9.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-100.00M	USD	3 Qtrs
Reclassification adjustments for (gains) losses included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$8.00M	USD	1 Quarter
Reclassification adjustments for (gains) losses included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$6.00M	USD	3 Qtrs
Reclassification adjustments for (gains) losses included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-13.00M	USD	1 Quarter
Reclassification adjustments for (gains) losses included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$-84.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-5.00M	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$2.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$3.00M	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-29.00M	USD	3 Qtrs
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$5.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-8.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$4.00M	USD	3 Qtrs
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-55.00M	USD	3 Qtrs
Other-than-temporary impairments and unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax`	$2.00M	USD	1 Quarter
Other-than-temporary impairments and unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax`	$40.00M	USD	3 Qtrs
Other-than-temporary impairments and unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax`	$8.00M	USD	1 Quarter
Other-than-temporary impairments and unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax`	$15.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax`	$1.00M	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax`	$6.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax`	$2.00M	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax`	$14.00M	USD	3 Qtrs
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax`	$1.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax`	$9.00M	USD	3 Qtrs
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax`	$6.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax`	$26.00M	USD	3 Qtrs
Reclassification adjustments for gains (losses) included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndWritedownOfSecuritiesBeforeTax`	$-6.00M	USD	1 Quarter
Reclassification adjustments for gains (losses) included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndWritedownOfSecuritiesBeforeTax`	$5.00M	USD	3 Qtrs
Reclassification adjustments for gains (losses) included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndWritedownOfSecuritiesBeforeTax`	$1.00M	USD	1 Quarter
Reclassification adjustments for gains (losses) included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndWritedownOfSecuritiesBeforeTax`	$-52.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax`	$2.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax`	$-18.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax`	$-2.00M	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax`	$1.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax`	-	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax`	$-4.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax`	$-34.00M	USD	3 Qtrs
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax`	$3.00M	USD	3 Qtrs
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-7.00M	USD	1 Quarter
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-7.00M	USD	3 Qtrs
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$32.00M	USD	1 Quarter
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-18.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-4.00M	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$1.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-3.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$1.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-15.00M	USD	3 Qtrs
Total	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-8.00M	USD	3 Qtrs
Total	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$31.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-3.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-106.00M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$36.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$54.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$266.00M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$12.00M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$168.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$864.00M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$61.00M	USD	1 Quarter

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