10-Q Filing

MBIA INC CIK: 814585 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001193125-18-242879`
Period End Date	20180630
Filing Date	20180808
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	mbi-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 51 Income Statement 66 Cash Flow Statement 106 Stockholders Equity 28 Comprehensive Income 84

Balance Sheet 51 line items

Line Item	Tag	Value	Unit	Period
Fixed-maturity securities held as available-for-sale, amortized cost	`AvailableForSaleSecuritiesAmortizedCost`	$3.85B	USD	Point-in-time
Fixed-maturity securities held as available-for-sale, amortized cost	`AvailableForSaleSecuritiesAmortizedCost`	$4.44B	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$197.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$146.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$187.00M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$164.00M	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
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`	283.63M	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`	192.96M	shares	Point-in-time
Total assets	`Assets`	$9.77B	USD	Point-in-time
Total assets	`Assets`	$8.70B	USD	Point-in-time
Total assets	`Assets`	$9.10B	USD	Point-in-time
Total liabilities	`Liabilities`	$7.58B	USD	Point-in-time
Total liabilities	`Liabilities`	$7.67B	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-- 283,625,689 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-- 283,625,689 and 283,717,973	`CommonStockValue`	$284.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.15B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.17B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.09B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.02B	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax of $7 and &16	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-255.00M	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax of $7 and &16	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-19.00M	USD	Point-in-time
Treasury stock, at cost-- 192,963,698 and 192,233,526 shares	`TreasuryStockValue`	$3.12B	USD	Point-in-time
Treasury stock, at cost-- 192,963,698 and 192,233,526 shares	`TreasuryStockValue`	$3.10B	USD	Point-in-time
Total shareholders' equity of MBIA Inc.	`StockholdersEquity`	$1.41B	USD	Point-in-time
Total shareholders' equity of MBIA Inc.	`StockholdersEquity`	$1.10B	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`	$1.11B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.43B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.70B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$9.10B	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Unrealized gains (losses) on insured derivatives	`UnrealizedGainLossOnDerivatives`	$-16.00M	USD	2 Qtrs
Unrealized gains (losses) on insured derivatives	`UnrealizedGainLossOnDerivatives`	$32.00M	USD	2 Qtrs
Net change in fair value of insured derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$3.00M	USD	1 Quarter
Net change in fair value of insured derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$-7.00M	USD	1 Quarter
Net change in fair value of insured derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$-12.00M	USD	2 Qtrs
Net change in fair value of insured derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$-50.00M	USD	2 Qtrs
Net gains (losses) on financial instruments at fair value and foreign exchange	`NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange`	$22.00M	USD	1 Quarter
Net gains (losses) on financial instruments at fair value and foreign exchange	`NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange`	$-44.00M	USD	2 Qtrs
Net gains (losses) on financial instruments at fair value and foreign exchange	`NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange`	$-61.00M	USD	1 Quarter
Net gains (losses) on financial instruments at fair value and foreign exchange	`NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange`	$13.00M	USD	2 Qtrs
Net investment losses related to other-than-temporary impairments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$13.00M	USD	2 Qtrs
Net investment losses related to other-than-temporary impairments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$2.00M	USD	2 Qtrs
Net investment losses related to other-than-temporary impairments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$1.00M	USD	1 Quarter
Net investment losses related to other-than-temporary impairments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$11.00M	USD	1 Quarter
Net gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$8.00M	USD	2 Qtrs
Net gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Net gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Net gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Other net realized gains (losses)	`OtherIncome`	-	USD	1 Quarter
Other net realized gains (losses)	`OtherIncome`	$34.00M	USD	1 Quarter
Other net realized gains (losses)	`OtherIncome`	$-1.00M	USD	2 Qtrs
Other net realized gains (losses)	`OtherIncome`	$37.00M	USD	2 Qtrs
Total revenues	`Revenues`	$149.00M	USD	2 Qtrs
Total revenues	`Revenues`	$72.00M	USD	1 Quarter
Total revenues	`Revenues`	$85.00M	USD	2 Qtrs
Total revenues	`Revenues`	$12.00M	USD	1 Quarter
Losses and loss adjustment	`PolicyholderBenefitsAndClaimsIncurredNet`	$59.00M	USD	1 Quarter
Losses and loss adjustment	`PolicyholderBenefitsAndClaimsIncurredNet`	$170.00M	USD	1 Quarter
Losses and loss adjustment	`PolicyholderBenefitsAndClaimsIncurredNet`	$264.00M	USD	2 Qtrs
Losses and loss adjustment	`PolicyholderBenefitsAndClaimsIncurredNet`	$131.00M	USD	2 Qtrs
Interest	`InterestExpense`	$98.00M	USD	2 Qtrs
Interest	`InterestExpense`	$103.00M	USD	2 Qtrs
Interest	`InterestExpense`	$52.00M	USD	1 Quarter
Interest	`InterestExpense`	$50.00M	USD	1 Quarter
Total expenses	`BenefitsLossesAndExpenses`	$479.00M	USD	2 Qtrs
Total expenses	`BenefitsLossesAndExpenses`	$158.00M	USD	1 Quarter
Total expenses	`BenefitsLossesAndExpenses`	$327.00M	USD	2 Qtrs
Total expenses	`BenefitsLossesAndExpenses`	$282.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-330.00M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-242.00M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-146.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-210.00M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$1.02B	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$971.00M	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$2.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-244.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.30B	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-146.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.23B	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-9.78	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-1.64	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-10.13	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-2.75	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-10.13	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-9.78	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-1.64	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-2.75	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	128.51M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	89.13M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	125.65M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	88.87M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	88.87M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	89.13M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	125.65M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	128.51M	shares	2 Qtrs

Cash Flow Statement 106 line items

Line Item	Tag	Value	Unit	Period
Premiums, fees and reimbursements received	`ProceedsFromInsurancePremiumsCollected`	$26.00M	USD	2 Qtrs
Premiums, fees and reimbursements received	`ProceedsFromInsurancePremiumsCollected`	$32.00M	USD	2 Qtrs
Investment income received	`ProceedsFromInterestAndDividendsReceived`	$112.00M	USD	2 Qtrs
Investment income received	`ProceedsFromInterestAndDividendsReceived`	$127.00M	USD	2 Qtrs
Insured derivative commutations and losses paid	`PaymentsForNetRealizedLossesOnInsuredDerivativesPaid`	$44.00M	USD	2 Qtrs
Insured derivative commutations and losses paid	`PaymentsForNetRealizedLossesOnInsuredDerivativesPaid`	$34.00M	USD	2 Qtrs
Financial guarantee losses and loss adjustment expenses paid	`PaymentsForLossesAndLossAdjustmentExpense`	$497.00M	USD	2 Qtrs
Financial guarantee losses and loss adjustment expenses paid	`PaymentsForLossesAndLossAdjustmentExpense`	$116.00M	USD	2 Qtrs
Proceeds from recoveries and reinsurance	`ProceedsFromReinsuranceAndRecoveries`	$32.00M	USD	2 Qtrs
Proceeds from recoveries and reinsurance	`ProceedsFromReinsuranceAndRecoveries`	$91.00M	USD	2 Qtrs
Operating and employee related expenses paid	`PaymentsForOperatingActivities`	$77.00M	USD	2 Qtrs
Operating and employee related expenses paid	`PaymentsForOperatingActivities`	$52.00M	USD	2 Qtrs
Interest paid, net of interest converted to principal	`InterestPaidNet`	$101.00M	USD	2 Qtrs
Interest paid, net of interest converted to principal	`InterestPaidNet`	$83.00M	USD	2 Qtrs
Income taxes (paid) received	`IncomeTaxesPaidNet`	$1.00M	USD	2 Qtrs
Income taxes (paid) received	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-126.00M	USD	2 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-459.00M	USD	2 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$738.00M	USD	2 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$1.16B	USD	2 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecurities`	$987.00M	USD	2 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecurities`	$1.06B	USD	2 Qtrs
Paydowns and maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$277.00M	USD	2 Qtrs
Paydowns and maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$181.00M	USD	2 Qtrs
Purchases of investments at fair value	`PaymentsToAcquireTradingSecuritiesHeldforinvestment`	$96.00M	USD	2 Qtrs
Purchases of investments at fair value	`PaymentsToAcquireTradingSecuritiesHeldforinvestment`	$118.00M	USD	2 Qtrs
Sales, paydowns and maturities of investments at fair value	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$108.00M	USD	2 Qtrs
Sales, paydowns and maturities of investments at fair value	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$138.00M	USD	2 Qtrs
Sales, paydowns and maturities (purchases) of short-term investments, net	`PaymentsForProceedsFromShortTermInvestments`	$-185.00M	USD	2 Qtrs
Sales, paydowns and maturities (purchases) of short-term investments, net	`PaymentsForProceedsFromShortTermInvestments`	$177.00M	USD	2 Qtrs
Paydowns and maturities of loans receivable	`ProceedsFromSaleAndCollectionOfLoansReceivable`	$137.00M	USD	2 Qtrs
Paydowns and maturities of loans receivable	`ProceedsFromSaleAndCollectionOfLoansReceivable`	$88.00M	USD	2 Qtrs
Consolidation of variable interest entities	`ProceedsFromConsolidationOfVariableInterestEntity`	-	USD	2 Qtrs
Consolidation of variable interest entities	`ProceedsFromConsolidationOfVariableInterestEntity`	$18.00M	USD	2 Qtrs
Deconsolidation of variable interest entities	`PaymentsForDeconsolidationOfVariableInterestEntity`	-	USD	2 Qtrs
Deconsolidation of variable interest entities	`PaymentsForDeconsolidationOfVariableInterestEntity`	$7.00M	USD	2 Qtrs
(Payments) proceeds for derivative settlements	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$14.00M	USD	2 Qtrs
(Payments) proceeds for derivative settlements	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$48.00M	USD	2 Qtrs
Collateral (to) from counterparties	`IncreaseDecreaseCashCollateralFromCounterparties`	$4.00M	USD	2 Qtrs
Collateral (to) from counterparties	`IncreaseDecreaseCashCollateralFromCounterparties`	-	USD	2 Qtrs
Other investing	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Other investing	`PaymentsForProceedsFromOtherInvestingActivities`	$23.00M	USD	2 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$351.00M	USD	2 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$457.00M	USD	2 Qtrs
Proceeds from investment agreements	`ProceedsFromIssuanceOfOtherLongTermDebt`	$4.00M	USD	2 Qtrs
Proceeds from investment agreements	`ProceedsFromIssuanceOfOtherLongTermDebt`	$5.00M	USD	2 Qtrs
Principal paydowns of investment agreements	`RepaymentsOfOtherLongTermDebt`	$33.00M	USD	2 Qtrs
Principal paydowns of investment agreements	`RepaymentsOfOtherLongTermDebt`	$28.00M	USD	2 Qtrs
Principal paydowns of medium-term notes	`RepaymentsOfMediumTermNotes`	$55.00M	USD	2 Qtrs
Principal paydowns of medium-term notes	`RepaymentsOfMediumTermNotes`	$36.00M	USD	2 Qtrs
Proceeds from the MBIA Corp. Financing Facility	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Proceeds from the MBIA Corp. Financing Facility	`ProceedsFromNotesPayable`	$328.00M	USD	2 Qtrs
Principal paydowns of variable interest entity notes	`RepaymentsOfNotesPayable`	$100.00M	USD	2 Qtrs
Principal paydowns of variable interest entity notes	`RepaymentsOfNotesPayable`	$183.00M	USD	2 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$15.00M	USD	2 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$79.00M	USD	2 Qtrs
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.00M	USD	2 Qtrs
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-21.00M	USD	2 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-174.00M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-23.00M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$51.00M	USD	2 Qtrs
Cash and cash equivalents - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$197.00M	USD	Point-in-time
Cash and cash equivalents - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$146.00M	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`	$164.00M	USD	Point-in-time
Cash and cash equivalents - end of year	`CashAndCashEquivalentsAtCarryingValue`	$197.00M	USD	Point-in-time
Cash and cash equivalents - end of year	`CashAndCashEquivalentsAtCarryingValue`	$146.00M	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`	$164.00M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-244.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.30B	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-146.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.23B	USD	1 Quarter
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$-16.00M	USD	2 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$-27.00M	USD	2 Qtrs
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-9.00M	USD	2 Qtrs
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-14.00M	USD	2 Qtrs
Unearned premium revenue	`IncreaseDecreaseInUnearnedPremiums`	$-74.00M	USD	2 Qtrs
Unearned premium revenue	`IncreaseDecreaseInUnearnedPremiums`	$-97.00M	USD	2 Qtrs
Loss and loss adjustment expense reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$512.00M	USD	2 Qtrs
Loss and loss adjustment expense reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$57.00M	USD	2 Qtrs
Insurance loss recoverable	`IncreaseDecreaseInInsuranceLossRecoverable`	$9.00M	USD	2 Qtrs
Insurance loss recoverable	`IncreaseDecreaseInInsuranceLossRecoverable`	$653.00M	USD	2 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$45.00M	USD	2 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$70.00M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-14.00M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-19.00M	USD	2 Qtrs
Unrealized (gains) losses on insured derivatives	`UnrealizedGainLossOnDerivatives`	$-16.00M	USD	2 Qtrs
Unrealized (gains) losses on insured derivatives	`UnrealizedGainLossOnDerivatives`	$32.00M	USD	2 Qtrs
Net (gains) losses on financial instruments at fair value and foreign exchange	`IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange`	$30.00M	USD	2 Qtrs
Net (gains) losses on financial instruments at fair value and foreign exchange	`IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange`	$-63.00M	USD	2 Qtrs
Other net realized (gains) losses	`IncreaseDecreaseInOtherNetRealizedGainsLosses`	$94.00M	USD	2 Qtrs
Other net realized (gains) losses	`IncreaseDecreaseInOtherNetRealizedGainsLosses`	$-65.00M	USD	2 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$970.00M	USD	2 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$1.00M	USD	2 Qtrs
Interest on variable interest entities, net	`VieInterestNet`	$12.00M	USD	2 Qtrs
Interest on variable interest entities, net	`VieInterestNet`	$19.00M	USD	2 Qtrs
Other operating	`OtherNoncashIncomeExpense`	$-18.00M	USD	2 Qtrs
Other operating	`OtherNoncashIncomeExpense`	$-10.00M	USD	2 Qtrs
Total adjustments to net income (loss)	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$118.00M	USD	2 Qtrs
Total adjustments to net income (loss)	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$842.00M	USD	2 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-126.00M	USD	2 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-459.00M	USD	2 Qtrs
Non-cash consideration received from the sale of MBIA UK Insurance Limited	`NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1`	-	USD	2 Qtrs
Non-cash consideration received from the sale of MBIA UK Insurance Limited	`NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1`	$332.00M	USD	2 Qtrs

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Total equity balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.11B	USD	Point-in-time
Total equity balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.43B	USD	Point-in-time
Balance (in common stock shares)	`CommonStockSharesIssued`	283.63M	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`	192.96M	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`	$-244.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.30B	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-146.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.23B	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$89.00M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-14.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-69.00M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.00M	USD	1 Quarter
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.00M	USD	2 Qtrs
Treasury shares issued	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$13.00M	USD	2 Qtrs
Treasury shares issued (in shares)	`StockIssuedDuringPeriodSharesTreasuryStockReissued`	1.30M	shares	2 Qtrs
Treasury shares acquired	`TreasuryStockValueAcquiredCostMethod`	$14.00M	USD	2 Qtrs
Total equity balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.11B	USD	Point-in-time
Total equity balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.43B	USD	Point-in-time
Balance (in common stock shares)	`CommonStockSharesIssued`	283.63M	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`	192.96M	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 84 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-244.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.30B	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-146.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.23B	USD	1 Quarter
Unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-14.00M	USD	1 Quarter
Unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$4.00M	USD	2 Qtrs
Unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$44.00M	USD	1 Quarter
Unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-57.00M	USD	2 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$6.00M	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$5.00M	USD	2 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	2 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$4.00M	USD	2 Qtrs
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$38.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-14.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-62.00M	USD	2 Qtrs
Reclassification adjustments for (gains) losses included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$3.00M	USD	1 Quarter
Reclassification adjustments for (gains) losses included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	-	USD	1 Quarter
Reclassification adjustments for (gains) losses included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$5.00M	USD	2 Qtrs
Reclassification adjustments for (gains) losses included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$1.00M	USD	2 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	-	USD	2 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-1.00M	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	-	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	-	USD	2 Qtrs
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	-	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$4.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$5.00M	USD	2 Qtrs
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$1.00M	USD	2 Qtrs
Other-than-temporary impairments and unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax`	$-47.00M	USD	1 Quarter
Other-than-temporary impairments and unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax`	$-34.00M	USD	2 Qtrs
Other-than-temporary impairments and unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax`	$23.00M	USD	2 Qtrs
Other-than-temporary impairments and unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax`	$17.00M	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax`	-	USD	2 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax`	-	USD	2 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax`	$-5.00M	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax`	-	USD	1 Quarter
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax`	$23.00M	USD	2 Qtrs
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax`	$17.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax`	$-42.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax`	$-34.00M	USD	2 Qtrs
Reclassification adjustments for (gains) losses included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax`	$-1.00M	USD	2 Qtrs
Reclassification adjustments for (gains) losses included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax`	-	USD	1 Quarter
Reclassification adjustments for (gains) losses included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax`	-	USD	1 Quarter
Reclassification adjustments for (gains) losses included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax`	$-2.00M	USD	2 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax`	-	USD	2 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax`	-	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax`	$-1.00M	USD	2 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax`	-	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax`	$-1.00M	USD	2 Qtrs
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax`	$-1.00M	USD	2 Qtrs
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax`	-	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax`	-	USD	1 Quarter
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$1.00M	USD	1 Quarter
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	-	USD	1 Quarter
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$2.00M	USD	2 Qtrs
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$144.00M	USD	2 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$21.00M	USD	2 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	2 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Total	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$123.00M	USD	2 Qtrs
Total	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$1.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$2.00M	USD	2 Qtrs
Total	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Net gains (losses) of financial instruments at fair value	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodBeforeTax`	$-18.00M	USD	1 Quarter
Net gains (losses) of financial instruments at fair value	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodBeforeTax`	$-32.00M	USD	2 Qtrs
Net gains (losses) of financial instruments at fair value	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodBeforeTax`	-	USD	2 Qtrs
Net gains (losses) of financial instruments at fair value	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodBeforeTax`	-	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax`	-	USD	2 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax`	-	USD	2 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	-	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	$-18.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	$-32.00M	USD	2 Qtrs
Total	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	-	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$89.00M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-14.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-69.00M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-8.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-160.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-313.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-1.24B	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-1.21B	USD	2 Qtrs

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