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10-Q Filing

MBIA INC CIK: 814585 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0001193125-18-157639
Period End Date 20180331
Filing Date 20180509
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance mbi-20180331.xml
Balance Sheet 57 line items
Line Item Tag Value Unit Period
Fixed-maturity securities held as available-for-sale, amortized cost AvailableForSaleSecuritiesAmortizedCost $4.20B USD Point-in-time
Fixed-maturity securities held as available-for-sale, amortized cost AvailableForSaleSecuritiesAmortizedCost $4.44B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $152.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $187.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $141.00M USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $146.00M 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
Insurance loss recoverable InsuranceLossRecoverable $511.00M USD Point-in-time
Insurance loss recoverable InsuranceLossRecoverable $530.00M 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 283.57M shares Point-in-time
Common stock, issued shares CommonStockSharesIssued 283.72M shares Point-in-time
Accumulated other comprehensive income (loss), taxes Accumulatedothercomprehensiveincomelossdeferredincometaxes $7.00M USD Point-in-time
Accumulated other comprehensive income (loss), taxes Accumulatedothercomprehensiveincomelossdeferredincometaxes $16.00M USD Point-in-time
Treasury stock, shares TreasuryStockShares 192.23M shares Point-in-time
Treasury stock, shares TreasuryStockShares 194.24M shares Point-in-time
Loan repurchase commitments LoanRepurchaseCommitments $407.00M USD Point-in-time
Loan repurchase commitments LoanRepurchaseCommitments $407.00M USD Point-in-time
Total assets Assets $11.02B USD Point-in-time
Total assets Assets $9.10B USD Point-in-time
Total assets Assets $8.89B USD Point-in-time
Loss and loss adjustment expense reserves LiabilityForClaimsAndClaimsAdjustmentExpense $1.01B USD Point-in-time
Loss and loss adjustment expense reserves LiabilityForClaimsAndClaimsAdjustmentExpense $979.00M USD Point-in-time
Total liabilities Liabilities $7.67B USD Point-in-time
Total liabilities Liabilities $7.63B USD Point-in-time
Commitments and contingencies (Refer to Note 20) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Refer to Note 20) 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-- 283,569,254 and 283,717,973 CommonStockValue $284.00M USD Point-in-time
Common stock, par value $1 per share; authorized shares--400,000,000; issued shares-- 283,569,254 and 283,717,973 CommonStockValue $284.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $3.17B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $3.17B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.16B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.09B USD Point-in-time
Accumulated other comprehensive income (loss), net of tax of $7 and $16 AccumulatedOtherComprehensiveIncomeLossNetOfTax $-19.00M USD Point-in-time
Accumulated other comprehensive income (loss), net of tax of $7 and $16 AccumulatedOtherComprehensiveIncomeLossNetOfTax $-241.00M USD Point-in-time
Treasury stock, at cost-- 194,243,689 and 192,233,526 shares TreasuryStockValue $3.12B USD Point-in-time
Treasury stock, at cost-- 194,243,689 and 192,233,526 shares TreasuryStockValue $3.13B USD Point-in-time
Total shareholders' equity of MBIA Inc. StockholdersEquity $1.41B USD Point-in-time
Total shareholders' equity of MBIA Inc. StockholdersEquity $1.25B USD Point-in-time
Preferred stock of subsidiary MinorityInterestAmountRepresentedByPreferredStock $12.00M USD Point-in-time
Preferred stock of subsidiary MinorityInterestAmountRepresentedByPreferredStock $12.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.26B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.43B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $8.89B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $9.10B USD Point-in-time
Income Statement 34 line items
Line Item Tag Value Unit Period
Unrealized gains (losses) on insured derivatives UnrealizedGainLossOnDerivatives $-22.00M USD 1 Quarter
Unrealized gains (losses) on insured derivatives UnrealizedGainLossOnDerivatives $14.00M USD 1 Quarter
Net change in fair value of insured derivatives GainLossOnDerivativeInstrumentsNetPretax $-53.00M USD 1 Quarter
Net change in fair value of insured derivatives GainLossOnDerivativeInstrumentsNetPretax $-5.00M USD 1 Quarter
Net gains (losses) on financial instruments at fair value and foreign exchange NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange $17.00M USD 1 Quarter
Net gains (losses) on financial instruments at fair value and foreign exchange NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange $-9.00M USD 1 Quarter
Net investment losses related to other-than-temporary impairments OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet $2.00M USD 1 Quarter
Net investment losses related to other-than-temporary impairments OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet $1.00M USD 1 Quarter
Net gains (losses) on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $8.00M USD 1 Quarter
Net gains (losses) on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Other net realized gains (losses) OtherIncome $3.00M USD 1 Quarter
Other net realized gains (losses) OtherIncome $-1.00M USD 1 Quarter
Total revenues Revenues $77.00M USD 1 Quarter
Total revenues Revenues $73.00M USD 1 Quarter
Losses and loss adjustment PolicyholderBenefitsAndClaimsIncurredNet $72.00M USD 1 Quarter
Losses and loss adjustment PolicyholderBenefitsAndClaimsIncurredNet $94.00M USD 1 Quarter
Interest InterestExpense $48.00M USD 1 Quarter
Interest InterestExpense $51.00M USD 1 Quarter
Total expenses BenefitsLossesAndExpenses $197.00M USD 1 Quarter
Total expenses BenefitsLossesAndExpenses $169.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-96.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-120.00M USD 1 Quarter
Provision (benefit) for income taxes IncomeTaxExpenseBenefit $2.00M USD 1 Quarter
Provision (benefit) for income taxes IncomeTaxExpenseBenefit $-48.00M USD 1 Quarter
Net income (loss) NetIncomeLoss $-72.00M USD 1 Quarter
Net income (loss) NetIncomeLoss $-98.00M USD 1 Quarter
Basic EarningsPerShareBasic $-0.55 USD 1 Quarter
Basic EarningsPerShareBasic $-1.12 USD 1 Quarter
Diluted EarningsPerShareDiluted $-1.12 USD 1 Quarter
Diluted EarningsPerShareDiluted $-0.55 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 131.40M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 88.13M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 88.13M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 131.40M shares 1 Quarter
Cash Flow Statement 106 line items
Line Item Tag Value Unit Period
Premiums, fees and reimbursements received ProceedsFromInsurancePremiumsCollected $10.00M USD 1 Quarter
Premiums, fees and reimbursements received ProceedsFromInsurancePremiumsCollected $9.00M USD 1 Quarter
Investment income received ProceedsFromInterestAndDividendsReceived $59.00M USD 1 Quarter
Investment income received ProceedsFromInterestAndDividendsReceived $64.00M USD 1 Quarter
Insured derivative commutations and losses paid PaymentsForNetRealizedLossesOnInsuredDerivativesPaid $31.00M USD 1 Quarter
Insured derivative commutations and losses paid PaymentsForNetRealizedLossesOnInsuredDerivativesPaid $19.00M USD 1 Quarter
Financial guarantee losses and loss adjustment expenses paid PaymentsForLossesAndLossAdjustmentExpense $469.00M USD 1 Quarter
Financial guarantee losses and loss adjustment expenses paid PaymentsForLossesAndLossAdjustmentExpense $86.00M USD 1 Quarter
Proceeds from recoveries and reinsurance ProceedsFromReinsuranceAndRecoveries $16.00M USD 1 Quarter
Proceeds from recoveries and reinsurance ProceedsFromReinsuranceAndRecoveries $44.00M USD 1 Quarter
Operating and employee related expenses paid PaymentsForOperatingActivities $53.00M USD 1 Quarter
Operating and employee related expenses paid PaymentsForOperatingActivities $38.00M USD 1 Quarter
Interest paid, net of interest converted to principal InterestPaidNet $50.00M USD 1 Quarter
Interest paid, net of interest converted to principal InterestPaidNet $42.00M USD 1 Quarter
Income taxes (paid) received IncomeTaxesPaidNet $1.00M USD 1 Quarter
Income taxes (paid) received IncomeTaxesPaidNet - USD 1 Quarter
Net cash provided (used) by operating activities NetCashProvidedByUsedInOperatingActivities $-486.00M USD 1 Quarter
Net cash provided (used) by operating activities NetCashProvidedByUsedInOperatingActivities $-101.00M USD 1 Quarter
Purchases of available-for-sale investments PaymentsToAcquireAvailableForSaleSecurities $394.00M USD 1 Quarter
Purchases of available-for-sale investments PaymentsToAcquireAvailableForSaleSecurities $819.00M USD 1 Quarter
Sales of available-for-sale investments ProceedsFromSaleOfAvailableForSaleSecurities $651.00M USD 1 Quarter
Sales of available-for-sale investments ProceedsFromSaleOfAvailableForSaleSecurities $271.00M USD 1 Quarter
Paydowns and maturities of available-for-sale investments ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $169.00M USD 1 Quarter
Paydowns and maturities of available-for-sale investments ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $94.00M USD 1 Quarter
Purchases of investments at fair value PaymentsToAcquireTradingSecuritiesHeldforinvestment $69.00M USD 1 Quarter
Purchases of investments at fair value PaymentsToAcquireTradingSecuritiesHeldforinvestment $53.00M USD 1 Quarter
Sales, paydowns and maturities of investments at fair value ProceedsFromSaleOfTradingSecuritiesHeldforinvestment $57.00M USD 1 Quarter
Sales, paydowns and maturities of investments at fair value ProceedsFromSaleOfTradingSecuritiesHeldforinvestment $75.00M USD 1 Quarter
Sales, paydowns and maturities (purchases) of short-term investments, net PaymentsForProceedsFromShortTermInvestments $-206.00M USD 1 Quarter
Sales, paydowns and maturities (purchases) of short-term investments, net PaymentsForProceedsFromShortTermInvestments $-222.00M USD 1 Quarter
Paydowns and maturities of loans receivable ProceedsFromSaleAndCollectionOfLoansReceivable $70.00M USD 1 Quarter
Paydowns and maturities of loans receivable ProceedsFromSaleAndCollectionOfLoansReceivable $48.00M USD 1 Quarter
Consolidation of variable interest entities ProceedsFromConsolidationOfVariableInterestEntity $18.00M USD 1 Quarter
Consolidation of variable interest entities ProceedsFromConsolidationOfVariableInterestEntity - USD 1 Quarter
(Payments) proceeds for derivative settlements PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $9.00M USD 1 Quarter
(Payments) proceeds for derivative settlements PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $7.00M USD 1 Quarter
Collateral (to) from counterparties IncreaseDecreaseCashCollateralFromCounterparties $-5.00M USD 1 Quarter
Collateral (to) from counterparties IncreaseDecreaseCashCollateralFromCounterparties - USD 1 Quarter
Other investing PaymentsForProceedsFromOtherInvestingActivities - USD 1 Quarter
Other investing PaymentsForProceedsFromOtherInvestingActivities $23.00M USD 1 Quarter
Net cash provided (used) by investing activities NetCashProvidedByUsedInInvestingActivities $311.00M USD 1 Quarter
Net cash provided (used) by investing activities NetCashProvidedByUsedInInvestingActivities $191.00M USD 1 Quarter
Proceeds from investment agreements ProceedsFromIssuanceOfOtherLongTermDebt $3.00M USD 1 Quarter
Proceeds from investment agreements ProceedsFromIssuanceOfOtherLongTermDebt $2.00M USD 1 Quarter
Principal paydowns of investment agreements RepaymentsOfOtherLongTermDebt $8.00M USD 1 Quarter
Principal paydowns of investment agreements RepaymentsOfOtherLongTermDebt $10.00M USD 1 Quarter
Principal paydowns of medium-term notes RepaymentsOfMediumTermNotes $20.00M USD 1 Quarter
Principal paydowns of medium-term notes RepaymentsOfMediumTermNotes $55.00M USD 1 Quarter
Proceeds from the MBIA Corp. Financing Facility ProceedsFromNotesPayable - USD 1 Quarter
Proceeds from the MBIA Corp. Financing Facility ProceedsFromNotesPayable $328.00M USD 1 Quarter
Principal paydowns of variable interest entity notes RepaymentsOfNotesPayable $93.00M USD 1 Quarter
Principal paydowns of variable interest entity notes RepaymentsOfNotesPayable $55.00M USD 1 Quarter
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $15.00M USD 1 Quarter
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $31.00M USD 1 Quarter
Other financing ProceedsFromPaymentsForOtherFinancingActivities $-2.00M USD 1 Quarter
Other financing ProceedsFromPaymentsForOtherFinancingActivities - USD 1 Quarter
Net cash provided (used) by financing activities NetCashProvidedByUsedInFinancingActivities $-95.00M USD 1 Quarter
Net cash provided (used) by financing activities NetCashProvidedByUsedInFinancingActivities $139.00M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations $1.00M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations - USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-35.00M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-5.00M USD 1 Quarter
Cash and cash equivalents - beginning of year CashAndCashEquivalentsAtCarryingValue $152.00M USD Point-in-time
Cash and cash equivalents - beginning of year CashAndCashEquivalentsAtCarryingValue $187.00M USD Point-in-time
Cash and cash equivalents - beginning of year CashAndCashEquivalentsAtCarryingValue $141.00M USD Point-in-time
Cash and cash equivalents - beginning of year CashAndCashEquivalentsAtCarryingValue $146.00M USD Point-in-time
Cash and cash equivalents - end of year CashAndCashEquivalentsAtCarryingValue $152.00M USD Point-in-time
Cash and cash equivalents - end of year CashAndCashEquivalentsAtCarryingValue $187.00M USD Point-in-time
Cash and cash equivalents - end of year CashAndCashEquivalentsAtCarryingValue $141.00M USD Point-in-time
Cash and cash equivalents - end of year CashAndCashEquivalentsAtCarryingValue $146.00M USD Point-in-time
Net income (loss) NetIncomeLoss $-72.00M USD 1 Quarter
Net income (loss) NetIncomeLoss $-98.00M USD 1 Quarter
Premiums receivable IncreaseDecreaseInPremiumsReceivable $-5.00M USD 1 Quarter
Premiums receivable IncreaseDecreaseInPremiumsReceivable $-3.00M USD 1 Quarter
Deferred acquisition costs IncreaseDecreaseInDeferredPolicyAcquisitionCosts $-4.00M USD 1 Quarter
Deferred acquisition costs IncreaseDecreaseInDeferredPolicyAcquisitionCosts $-6.00M USD 1 Quarter
Unearned premium revenue IncreaseDecreaseInUnearnedPremiums $-45.00M USD 1 Quarter
Unearned premium revenue IncreaseDecreaseInUnearnedPremiums $-39.00M USD 1 Quarter
Loss and loss adjustment expense reserves IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve $21.00M USD 1 Quarter
Loss and loss adjustment expense reserves IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve $359.00M USD 1 Quarter
Insurance loss recoverable IncreaseDecreaseInInsuranceLossRecoverable $19.00M USD 1 Quarter
Insurance loss recoverable IncreaseDecreaseInInsuranceLossRecoverable $691.00M USD 1 Quarter
Accrued interest payable IncreaseDecreaseInInterestPayableNet $33.00M USD 1 Quarter
Accrued interest payable IncreaseDecreaseInInterestPayableNet $22.00M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-18.00M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-28.00M USD 1 Quarter
Net investment losses related to other-than-temporary impairments NetOtherThanTemporaryImpairments $1.00M USD 1 Quarter
Net investment losses related to other-than-temporary impairments NetOtherThanTemporaryImpairments $2.00M USD 1 Quarter
Unrealized (gains) losses on insured derivatives UnrealizedGainLossOnDerivatives $-22.00M USD 1 Quarter
Unrealized (gains) losses on insured derivatives UnrealizedGainLossOnDerivatives $14.00M USD 1 Quarter
Net (gains) losses on financial instruments at fair value and foreign exchange IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange $-5.00M USD 1 Quarter
Net (gains) losses on financial instruments at fair value and foreign exchange IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange $-16.00M USD 1 Quarter
Other net realized (gains) losses IncreaseDecreaseInOtherNetRealizedGainsLosses $-31.00M USD 1 Quarter
Other net realized (gains) losses IncreaseDecreaseInOtherNetRealizedGainsLosses $1.00M USD 1 Quarter
Deferred income tax provision (benefit) DeferredIncomeTaxExpenseBenefit $-49.00M USD 1 Quarter
Deferred income tax provision (benefit) DeferredIncomeTaxExpenseBenefit $1.00M USD 1 Quarter
Interest on variable interest entities, net VieInterestNet $10.00M USD 1 Quarter
Interest on variable interest entities, net VieInterestNet $5.00M USD 1 Quarter
Other operating OtherNoncashIncomeExpense $-11.00M USD 1 Quarter
Other operating OtherNoncashIncomeExpense $10.00M USD 1 Quarter
Total adjustments to net income (loss) AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-3.00M USD 1 Quarter
Total adjustments to net income (loss) AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-414.00M USD 1 Quarter
Net cash provided (used) by operating activities NetCashProvidedByUsedInOperatingActivities $-486.00M USD 1 Quarter
Net cash provided (used) by operating activities NetCashProvidedByUsedInOperatingActivities $-101.00M USD 1 Quarter
Non-cash consideration received from the sale of MBIA UK Insurance Limited NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1 $332.00M USD 1 Quarter
Non-cash consideration received from the sale of MBIA UK Insurance Limited NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1 - USD 1 Quarter
Stockholders Equity 22 line items
Line Item Tag Value Unit Period
Total equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.26B USD Point-in-time
Total equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.43B USD Point-in-time
Balance (in common stock shares) CommonStockSharesIssued 283.57M shares Point-in-time
Balance (in common stock shares) CommonStockSharesIssued 283.72M shares Point-in-time
Balance (in treasury stock shares) TreasuryStockShares 192.23M shares Point-in-time
Balance (in treasury stock shares) TreasuryStockShares 194.24M 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
Net income (loss) NetIncomeLoss $-72.00M USD 1 Quarter
Net income (loss) NetIncomeLoss $-98.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-55.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $97.00M USD 1 Quarter
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $2.00M USD 1 Quarter
Treasury shares acquired TreasuryStockValueAcquiredCostMethod $14.00M USD 1 Quarter
Total equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.26B USD Point-in-time
Total equity balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.43B USD Point-in-time
Balance (in common stock shares) CommonStockSharesIssued 283.57M shares Point-in-time
Balance (in common stock shares) CommonStockSharesIssued 283.72M shares Point-in-time
Balance (in treasury stock shares) TreasuryStockShares 192.23M shares Point-in-time
Balance (in treasury stock shares) TreasuryStockShares 194.24M 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 38 line items
Line Item Tag Value Unit Period
Net income (loss) NetIncomeLoss $-72.00M USD 1 Quarter
Net income (loss) NetIncomeLoss $-98.00M USD 1 Quarter
Unrealized gains (losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-43.00M USD 1 Quarter
Unrealized gains (losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-40.00M USD 1 Quarter
Provision (benefit) for income taxes OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $5.00M USD 1 Quarter
Provision (benefit) for income taxes OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-6.00M USD 1 Quarter
Total OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-34.00M USD 1 Quarter
Total OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-48.00M USD 1 Quarter
Reclassification adjustments for (gains) losses included in net income (loss) OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $1.00M USD 1 Quarter
Reclassification adjustments for (gains) losses included in net income (loss) OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $2.00M USD 1 Quarter
Provision (benefit) for income taxes OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax - USD 1 Quarter
Provision (benefit) for income taxes OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $1.00M USD 1 Quarter
Total OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $1.00M USD 1 Quarter
Total OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $1.00M USD 1 Quarter
Other-than-temporary impairments and unrealized gains (losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax $13.00M USD 1 Quarter
Other-than-temporary impairments and unrealized gains (losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax $6.00M USD 1 Quarter
Provision (benefit) for income taxes OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax - USD 1 Quarter
Provision (benefit) for income taxes OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax $5.00M USD 1 Quarter
Total OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax $6.00M USD 1 Quarter
Total OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax $8.00M USD 1 Quarter
Reclassification adjustments for (gains) losses included in net income (loss) OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax $-2.00M USD 1 Quarter
Reclassification adjustments for (gains) losses included in net income (loss) OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax $-1.00M USD 1 Quarter
Provision (benefit) for income taxes OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax - USD 1 Quarter
Provision (benefit) for income taxes OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax $-1.00M USD 1 Quarter
Total OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax $-1.00M USD 1 Quarter
Total OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax $-1.00M USD 1 Quarter
Foreign currency translation gains (losses) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $144.00M USD 1 Quarter
Foreign currency translation gains (losses) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax $1.00M USD 1 Quarter
Provision (benefit) for income taxes OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax - USD 1 Quarter
Provision (benefit) for income taxes OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax $21.00M USD 1 Quarter
Total OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $123.00M USD 1 Quarter
Total OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $1.00M USD 1 Quarter
Unrealized gains (losses) arising during the period OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax - USD 1 Quarter
Unrealized gains (losses) arising during the period OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax $-14.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-55.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $97.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $25.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $-153.00M USD 1 Quarter

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

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