10-Q Filing

MBIA INC CIK: 814585 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001193125-18-319644`
Period End Date	20180930
Filing Date	20181106
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	mbi-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 51 Income Statement 66 Cash Flow Statement 108 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`	$4.44B	USD	Point-in-time
Fixed-maturity securities held as available-for-sale, amortized cost	`AvailableForSaleSecuritiesAmortizedCost`	$3.85B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$187.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$136.00M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$179.00M	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
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`	283.72M	shares	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	283.63M	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`	192.94M	shares	Point-in-time
Total assets	`Assets`	$8.36B	USD	Point-in-time
Total assets	`Assets`	$9.10B	USD	Point-in-time
Total assets	`Assets`	$9.54B	USD	Point-in-time
Total liabilities	`Liabilities`	$7.24B	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`	$973.00M	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`	$-206.00M	USD	Point-in-time
Treasury stock, at cost-- 192,936,029 and 192,233,526 shares	`TreasuryStockValue`	$3.12B	USD	Point-in-time
Treasury stock, at cost-- 192,936,029 and 192,233,526 shares	`TreasuryStockValue`	$3.10B	USD	Point-in-time
Total shareholders' equity of MBIA Inc.	`StockholdersEquity`	$1.11B	USD	Point-in-time
Total shareholders' equity of MBIA Inc.	`StockholdersEquity`	$1.41B	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`	$1.43B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.36B	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`	$-10.00M	USD	3 Qtrs
Unrealized gains (losses) on insured derivatives	`UnrealizedGainLossOnDerivatives`	$36.00M	USD	3 Qtrs
Net change in fair value of insured derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$-1.00M	USD	1 Quarter
Net change in fair value of insured derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$-1.00M	USD	1 Quarter
Net change in fair value of insured derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$-13.00M	USD	3 Qtrs
Net change in fair value of insured derivatives	`GainLossOnDerivativeInstrumentsNetPretax`	$-51.00M	USD	3 Qtrs
Net gains (losses) on financial instruments at fair value and foreign exchange	`NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange`	$5.00M	USD	1 Quarter
Net gains (losses) on financial instruments at fair value and foreign exchange	`NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange`	$-11.00M	USD	1 Quarter
Net gains (losses) on financial instruments at fair value and foreign exchange	`NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange`	$-55.00M	USD	3 Qtrs
Net gains (losses) on financial instruments at fair value and foreign exchange	`NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange`	$18.00M	USD	3 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`	$84.00M	USD	3 Qtrs
Net investment losses related to other-than-temporary impairments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$71.00M	USD	1 Quarter
Net investment losses related to other-than-temporary impairments	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$3.00M	USD	3 Qtrs
Net gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$9.00M	USD	3 Qtrs
Net gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$3.00M	USD	1 Quarter
Net gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$3.00M	USD	3 Qtrs
Net gains (losses) on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$1.00M	USD	1 Quarter
Other net realized gains (losses)	`OtherIncome`	$-1.00M	USD	1 Quarter
Other net realized gains (losses)	`OtherIncome`	$1.00M	USD	1 Quarter
Other net realized gains (losses)	`OtherIncome`	$36.00M	USD	3 Qtrs
Other net realized gains (losses)	`OtherIncome`	-	USD	3 Qtrs
Total revenues	`Revenues`	$182.00M	USD	3 Qtrs
Total revenues	`Revenues`	$190.00M	USD	3 Qtrs
Total revenues	`Revenues`	$105.00M	USD	1 Quarter
Total revenues	`Revenues`	$33.00M	USD	1 Quarter
Losses and loss adjustment	`PolicyholderBenefitsAndClaimsIncurredNet`	$205.00M	USD	1 Quarter
Losses and loss adjustment	`PolicyholderBenefitsAndClaimsIncurredNet`	$177.00M	USD	3 Qtrs
Losses and loss adjustment	`PolicyholderBenefitsAndClaimsIncurredNet`	$469.00M	USD	3 Qtrs
Losses and loss adjustment	`PolicyholderBenefitsAndClaimsIncurredNet`	$46.00M	USD	1 Quarter
Interest	`InterestExpense`	$148.00M	USD	3 Qtrs
Interest	`InterestExpense`	$52.00M	USD	1 Quarter
Interest	`InterestExpense`	$50.00M	USD	1 Quarter
Interest	`InterestExpense`	$155.00M	USD	3 Qtrs
Total expenses	`BenefitsLossesAndExpenses`	$150.00M	USD	1 Quarter
Total expenses	`BenefitsLossesAndExpenses`	$306.00M	USD	1 Quarter
Total expenses	`BenefitsLossesAndExpenses`	$785.00M	USD	3 Qtrs
Total expenses	`BenefitsLossesAndExpenses`	$477.00M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-603.00M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-45.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-273.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-287.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$965.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-6.00M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$2.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.57B	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-289.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-267.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-45.00M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-12.38	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$-3.24	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$-2.17	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.50	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.50	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-3.24	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$-2.17	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-12.38	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	89.49M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	89.08M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	126.64M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	122.97M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	122.97M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	89.08M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	126.64M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	89.49M	shares	1 Quarter

Cash Flow Statement 108 line items

Line Item	Tag	Value	Unit	Period
Premiums, fees and reimbursements received	`ProceedsFromInsurancePremiumsCollected`	$41.00M	USD	3 Qtrs
Premiums, fees and reimbursements received	`ProceedsFromInsurancePremiumsCollected`	$73.00M	USD	3 Qtrs
Investment income received	`ProceedsFromInterestAndDividendsReceived`	$162.00M	USD	3 Qtrs
Investment income received	`ProceedsFromInterestAndDividendsReceived`	$193.00M	USD	3 Qtrs
Insured derivative commutations and losses paid	`PaymentsForNetRealizedLossesOnInsuredDerivativesPaid`	$49.00M	USD	3 Qtrs
Insured derivative commutations and losses paid	`PaymentsForNetRealizedLossesOnInsuredDerivativesPaid`	$41.00M	USD	3 Qtrs
Financial guarantee losses and loss adjustment expenses paid	`PaymentsForLossesAndLossAdjustmentExpense`	$367.00M	USD	3 Qtrs
Financial guarantee losses and loss adjustment expenses paid	`PaymentsForLossesAndLossAdjustmentExpense`	$744.00M	USD	3 Qtrs
Proceeds from recoveries and reinsurance	`ProceedsFromReinsuranceAndRecoveries`	$100.00M	USD	3 Qtrs
Proceeds from recoveries and reinsurance	`ProceedsFromReinsuranceAndRecoveries`	$46.00M	USD	3 Qtrs
Operating and employee related expenses paid	`PaymentsForOperatingActivities`	$103.00M	USD	3 Qtrs
Operating and employee related expenses paid	`PaymentsForOperatingActivities`	$68.00M	USD	3 Qtrs
Interest paid, net of interest converted to principal	`InterestPaidNet`	$139.00M	USD	3 Qtrs
Interest paid, net of interest converted to principal	`InterestPaidNet`	$119.00M	USD	3 Qtrs
Income taxes (paid) received	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Income taxes (paid) received	`IncomeTaxesPaidNet`	$1.00M	USD	3 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-693.00M	USD	3 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-323.00M	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$1.15B	USD	3 Qtrs
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecurities`	$1.68B	USD	3 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecurities`	$1.65B	USD	3 Qtrs
Sales of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecurities`	$1.30B	USD	3 Qtrs
Paydowns and maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$392.00M	USD	3 Qtrs
Paydowns and maturities of available-for-sale investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$245.00M	USD	3 Qtrs
Purchases of investments at fair value	`PaymentsToAcquireTradingSecuritiesHeldforinvestment`	$142.00M	USD	3 Qtrs
Purchases of investments at fair value	`PaymentsToAcquireTradingSecuritiesHeldforinvestment`	$199.00M	USD	3 Qtrs
Sales, paydowns and maturities of investments at fair value	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$270.00M	USD	3 Qtrs
Sales, paydowns and maturities of investments at fair value	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$162.00M	USD	3 Qtrs
Sales, paydowns and maturities (purchases) of short-term investments, net	`PaymentsForProceedsFromShortTermInvestments`	$-67.00M	USD	3 Qtrs
Sales, paydowns and maturities (purchases) of short-term investments, net	`PaymentsForProceedsFromShortTermInvestments`	$-269.00M	USD	3 Qtrs
Paydowns and maturities of loans receivable	`ProceedsFromSaleAndCollectionOfLoansReceivable`	$365.00M	USD	3 Qtrs
Paydowns and maturities of loans receivable	`ProceedsFromSaleAndCollectionOfLoansReceivable`	$202.00M	USD	3 Qtrs
Consolidation of variable interest entities	`ProceedsFromConsolidationOfVariableInterestEntity`	-	USD	3 Qtrs
Consolidation of variable interest entities	`ProceedsFromConsolidationOfVariableInterestEntity`	$18.00M	USD	3 Qtrs
Deconsolidation of variable interest entities	`PaymentsForDeconsolidationOfVariableInterestEntity`	$7.00M	USD	3 Qtrs
Deconsolidation of variable interest entities	`PaymentsForDeconsolidationOfVariableInterestEntity`	-	USD	3 Qtrs
(Payments) proceeds for derivative settlements	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$19.00M	USD	3 Qtrs
(Payments) proceeds for derivative settlements	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$58.00M	USD	3 Qtrs
Collateral (to) from counterparties	`IncreaseDecreaseCashCollateralFromCounterparties`	-	USD	3 Qtrs
Collateral (to) from counterparties	`IncreaseDecreaseCashCollateralFromCounterparties`	$4.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	3 Qtrs
Other investing	`PaymentsForProceedsFromOtherInvestingActivities`	$23.00M	USD	3 Qtrs
Other investing	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$826.00M	USD	3 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$836.00M	USD	3 Qtrs
Proceeds from investment agreements	`ProceedsFromIssuanceOfOtherLongTermDebt`	$13.00M	USD	3 Qtrs
Proceeds from investment agreements	`ProceedsFromIssuanceOfOtherLongTermDebt`	$9.00M	USD	3 Qtrs
Principal paydowns of investment agreements	`RepaymentsOfOtherLongTermDebt`	$57.00M	USD	3 Qtrs
Principal paydowns of investment agreements	`RepaymentsOfOtherLongTermDebt`	$30.00M	USD	3 Qtrs
Principal paydowns of medium-term notes	`RepaymentsOfMediumTermNotes`	$62.00M	USD	3 Qtrs
Principal paydowns of medium-term notes	`RepaymentsOfMediumTermNotes`	$55.00M	USD	3 Qtrs
Proceeds from the MBIA Corp. Financing Facility	`ProceedsFromNotesPayable`	-	USD	3 Qtrs
Proceeds from the MBIA Corp. Financing Facility	`ProceedsFromNotesPayable`	$328.00M	USD	3 Qtrs
Principal paydowns of variable interest entity notes	`RepaymentsOfNotesPayable`	$311.00M	USD	3 Qtrs
Principal paydowns of variable interest entity notes	`RepaymentsOfNotesPayable`	$382.00M	USD	3 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$15.00M	USD	3 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$98.00M	USD	3 Qtrs
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.00M	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-184.00M	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-480.00M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-51.00M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$33.00M	USD	3 Qtrs
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$187.00M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$136.00M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$146.00M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$179.00M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$187.00M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$136.00M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$146.00M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$179.00M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-1.57B	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-289.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-267.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-45.00M	USD	1 Quarter
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$-34.00M	USD	3 Qtrs
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$-54.00M	USD	3 Qtrs
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-22.00M	USD	3 Qtrs
Deferred acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-18.00M	USD	3 Qtrs
Unearned premium revenue	`IncreaseDecreaseInUnearnedPremiums`	$-149.00M	USD	3 Qtrs
Unearned premium revenue	`IncreaseDecreaseInUnearnedPremiums`	$-142.00M	USD	3 Qtrs
Loss and loss adjustment expense reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$615.00M	USD	3 Qtrs
Loss and loss adjustment expense reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$50.00M	USD	3 Qtrs
Insurance loss recoverable	`IncreaseDecreaseInInsuranceLossRecoverable`	$192.00M	USD	3 Qtrs
Insurance loss recoverable	`IncreaseDecreaseInInsuranceLossRecoverable`	$781.00M	USD	3 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$81.00M	USD	3 Qtrs
Accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$113.00M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-10.00M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-26.00M	USD	3 Qtrs
Unrealized (gains) losses on insured derivatives	`UnrealizedGainLossOnDerivatives`	$-10.00M	USD	3 Qtrs
Unrealized (gains) losses on insured derivatives	`UnrealizedGainLossOnDerivatives`	$36.00M	USD	3 Qtrs
Net (gains) losses on financial instruments at fair value and foreign exchange	`IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange`	$47.00M	USD	3 Qtrs
Net (gains) losses on financial instruments at fair value and foreign exchange	`IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange`	$-53.00M	USD	3 Qtrs
Other net realized (gains) losses	`IncreaseDecreaseInOtherNetRealizedGainsLosses`	$126.00M	USD	3 Qtrs
Other net realized (gains) losses	`IncreaseDecreaseInOtherNetRealizedGainsLosses`	$-64.00M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$1.00M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$961.00M	USD	3 Qtrs
Interest on variable interest entities, net	`VieInterestNet`	$26.00M	USD	3 Qtrs
Interest on variable interest entities, net	`VieInterestNet`	$14.00M	USD	3 Qtrs
Other operating	`OtherNoncashIncomeExpense`	$-17.00M	USD	3 Qtrs
Other operating	`OtherNoncashIncomeExpense`	$-93.00M	USD	3 Qtrs
Total adjustments to net income (loss)	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-34.00M	USD	3 Qtrs
Total adjustments to net income (loss)	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$875.00M	USD	3 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-693.00M	USD	3 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-323.00M	USD	3 Qtrs
Non-cash consideration received from the sale of MBIA UK Insurance Limited	`NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1`	$332.00M	USD	3 Qtrs
Non-cash consideration received from the sale of MBIA UK Insurance Limited	`NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1`	-	USD	3 Qtrs

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Total equity balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.43B	USD	Point-in-time
Total equity balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
Balance (in common stock shares)	`CommonStockSharesIssued`	283.72M	shares	Point-in-time
Balance (in common stock shares)	`CommonStockSharesIssued`	283.63M	shares	Point-in-time
Balance (in treasury stock shares)	`TreasuryStockShares`	192.23M	shares	Point-in-time
Balance (in treasury stock shares)	`TreasuryStockShares`	192.94M	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`	$-1.57B	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-289.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-267.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-45.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$54.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-20.00M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$49.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$143.00M	USD	3 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.00M	USD	3 Qtrs
Treasury shares issued	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$13.00M	USD	3 Qtrs
Treasury shares issued (in shares)	`StockIssuedDuringPeriodSharesTreasuryStockReissued`	1.30M	shares	3 Qtrs
Treasury shares acquired	`TreasuryStockValueAcquiredCostMethod`	$14.00M	USD	3 Qtrs
Total equity balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.43B	USD	Point-in-time
Total equity balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.12B	USD	Point-in-time
Balance (in common stock shares)	`CommonStockSharesIssued`	283.72M	shares	Point-in-time
Balance (in common stock shares)	`CommonStockSharesIssued`	283.63M	shares	Point-in-time
Balance (in treasury stock shares)	`TreasuryStockShares`	192.23M	shares	Point-in-time
Balance (in treasury stock shares)	`TreasuryStockShares`	192.94M	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`	$-1.57B	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-289.00M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-267.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-45.00M	USD	1 Quarter
Unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$20.00M	USD	3 Qtrs
Unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$16.00M	USD	1 Quarter
Unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-61.00M	USD	3 Qtrs
Unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-4.00M	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$7.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$7.00M	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$5.00M	USD	3 Qtrs
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$13.00M	USD	3 Qtrs
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$9.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-66.00M	USD	3 Qtrs
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-4.00M	USD	1 Quarter
Reclassification adjustments for (gains) losses included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$4.00M	USD	3 Qtrs
Reclassification adjustments for (gains) losses included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$2.00M	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`	$3.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	-	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$1.00M	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$1.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	-	USD	3 Qtrs
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$3.00M	USD	3 Qtrs
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$3.00M	USD	3 Qtrs
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-2.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$2.00M	USD	1 Quarter
Other-than-temporary impairments and unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax`	$6.00M	USD	3 Qtrs
Other-than-temporary impairments and unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax`	$48.00M	USD	3 Qtrs
Other-than-temporary impairments and unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax`	$25.00M	USD	1 Quarter
Other-than-temporary impairments and unrealized gains (losses) arising during the period	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax`	$40.00M	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax`	$2.00M	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax`	$2.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax`	-	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax`	-	USD	3 Qtrs
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax`	$4.00M	USD	3 Qtrs
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax`	$48.00M	USD	3 Qtrs
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax`	$38.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax`	$25.00M	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`	$-4.00M	USD	1 Quarter
Reclassification adjustments for (gains) losses included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax`	$-6.00M	USD	3 Qtrs
Reclassification adjustments for (gains) losses included in net income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax`	$-3.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax`	$-1.00M	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax`	-	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax`	$-2.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax`	-	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax`	$-4.00M	USD	3 Qtrs
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax`	$-3.00M	USD	3 Qtrs
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax`	$-3.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax`	$-2.00M	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`	$145.00M	USD	3 Qtrs
Foreign currency translation gains (losses)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$2.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-1.00M	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$20.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Total	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Total	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$2.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$125.00M	USD	3 Qtrs
Total	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$2.00M	USD	3 Qtrs
Net gains (losses) of financial instruments at fair value	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodBeforeTax`	-	USD	1 Quarter
Net gains (losses) of financial instruments at fair value	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodBeforeTax`	-	USD	3 Qtrs
Net gains (losses) of financial instruments at fair value	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodBeforeTax`	$28.00M	USD	1 Quarter
Net gains (losses) of financial instruments at fair value	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodBeforeTax`	$-4.00M	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax`	-	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax`	-	USD	3 Qtrs
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Provision (benefit) for income taxes	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	$28.00M	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	-	USD	1 Quarter
Total	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	-	USD	3 Qtrs
Total	`OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionUnrealizedGainLossArisingDuringPeriodAfterTax`	$-4.00M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$54.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-20.00M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$49.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$143.00M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-213.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-309.00M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$4.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-1.43B	USD	3 Qtrs

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