2014 Q4 Form 10-Q Financial Statement
#000119312514398675 Filed on November 05, 2014
Income Statement
Concept | 2014 Q4 | 2014 Q3 | 2013 Q3 |
---|---|---|---|
Revenue | $216.0M | $291.0M | $420.0M |
YoY Change | -51.68% | -30.71% | 49.47% |
Cost Of Revenue | $20.00M | $98.00M | |
YoY Change | -79.59% | -42.69% | |
Gross Profit | $271.0M | $322.0M | |
YoY Change | -15.84% | 192.73% | |
Gross Profit Margin | 93.13% | 76.67% | |
Selling, General & Admin | $59.00M | $80.00M | |
YoY Change | -26.25% | 0.0% | |
% of Gross Profit | 21.77% | 24.84% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $120.0M | $59.00M | $80.00M |
YoY Change | 25.0% | -26.25% | 0.0% |
Operating Profit | $212.0M | $242.0M | |
YoY Change | -12.4% | 706.67% | |
Interest Expense | -$61.00M | $52.00M | $59.00M |
YoY Change | -10.29% | -11.86% | -14.49% |
% of Operating Profit | 24.53% | 24.38% | |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $34.00M | $148.0M | $171.0M |
YoY Change | -88.44% | -13.45% | -400.0% |
Income Tax | $14.00M | -$25.00M | $39.00M |
% Of Pretax Income | 41.18% | -16.89% | 22.81% |
Net Earnings | $20.00M | $173.0M | $132.0M |
YoY Change | -84.85% | 31.06% | 1785.71% |
Net Earnings / Revenue | 9.26% | 59.45% | 31.43% |
Basic Earnings Per Share | $0.90 | $0.68 | |
Diluted Earnings Per Share | $106.0K | $0.80 | $0.52 |
COMMON SHARES | |||
Basic Shares Outstanding | 193.2M shares | 187.1M shares | 188.9M shares |
Diluted Shares Outstanding | 188.4M shares | 192.6M shares |
Balance Sheet
Concept | 2014 Q4 | 2014 Q3 | 2013 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $782.0M | $606.0M | $1.103B |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | |||
YoY Change | |||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $37.00M | ||
YoY Change | -46.38% | ||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $11.82B | $12.55B | $12.91B |
YoY Change | -4.15% | -2.77% | -13.07% |
Other Assets | $1.830B | $1.076B | $1.243B |
YoY Change | 60.81% | -13.44% | -14.04% |
Total Long-Term Assets | |||
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | |||
Total Long-Term Assets | |||
Total Assets | $16.26B | $16.20B | $17.63B |
YoY Change | -4.07% | -8.12% | -20.33% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $39.00M | ||
YoY Change | |||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.810B | $8.907B | $9.376B |
YoY Change | 6.35% | -5.0% | -18.67% |
Other Long-Term Liabilities | $1.499B | $711.0M | $1.824B |
YoY Change | 2.88% | -61.02% | -54.17% |
Total Long-Term Liabilities | $1.810B | $9.618B | $11.20B |
YoY Change | 6.35% | -14.13% | -27.78% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $39.00M | ||
Total Long-Term Liabilities | $1.810B | $9.618B | $11.20B |
Total Liabilities | $12.33B | $12.30B | $14.43B |
YoY Change | -9.67% | -14.78% | -26.16% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $2.858B | $2.838B | $2.157B |
YoY Change | 24.86% | 31.57% | 53.74% |
Common Stock | $281.0M | $281.0M | $278.0M |
YoY Change | 1.08% | 1.08% | 1.09% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $2.359B | $2.347B | $2.318B |
YoY Change | 1.77% | 1.25% | 1.89% |
Treasury Stock Shares | 89.41M shares | 88.17M shares | 85.55M shares |
Shareholders Equity | $3.929B | $3.881B | $3.180B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $16.28B | $16.20B | $17.63B |
YoY Change | -3.95% | -8.12% | -20.33% |
Cashflow Statement
Concept | 2014 Q4 | 2014 Q3 | 2013 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $20.00M | $173.0M | $132.0M |
YoY Change | -84.85% | 31.06% | 1785.71% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | $17.00M | $46.00M | -$138.0M |
YoY Change | -97.86% | -133.33% | -16.36% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$4.000M | -$6.000M | -$1.000M |
YoY Change | 300.0% | 500.0% | 0.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $359.0M | $139.0M | $551.0M |
YoY Change | -218.87% | -74.77% | -16.77% |
Cash From Investing Activities | $355.0M | $133.0M | $550.0M |
YoY Change | -217.16% | -75.82% | -16.79% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -138.0M | -165.0M | -322.0M |
YoY Change | -59.65% | -48.76% | -31.34% |
NET CHANGE | |||
Cash From Operating Activities | 17.00M | 46.00M | -138.0M |
Cash From Investing Activities | 355.0M | 133.0M | 550.0M |
Cash From Financing Activities | -138.0M | -165.0M | -322.0M |
Net Change In Cash | 234.0M | 14.00M | 90.00M |
YoY Change | 54.97% | -84.44% | 233.33% |
FREE CASH FLOW | |||
Cash From Operating Activities | $17.00M | $46.00M | -$138.0M |
Capital Expenditures | -$4.000M | -$6.000M | -$1.000M |
Free Cash Flow | $21.00M | $52.00M | -$137.0M |
YoY Change | -97.37% | -137.96% | -16.46% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Trading Symbol
TradingSymbol
|
MBI | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
MBIA INC | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000814585 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
CY2014Q3 | us-gaap |
Assets
Assets
|
16201000000 | USD |
CY2013Q4 | us-gaap |
Assets
Assets
|
16953000000 | USD |
CY2014Q3 | us-gaap |
Liabilities
Liabilities
|
12299000000 | USD |
CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
13654000000 | USD |
CY2014Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2014Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2014Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
281000000 | USD |
CY2014Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
3123000000 | USD |
CY2014Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2838000000 | USD |
CY2014Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
2347000000 | USD |
CY2014Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3881000000 | USD |
CY2014Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
16201000000 | USD |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3278000000 | USD |
CY2013Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
278000000 | USD |
CY2013Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3299000000 | USD |
CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2289000000 | USD |
CY2013Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
2318000000 | USD |
CY2013Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
3115000000 | USD |
CY2013Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-86000000 | USD |
CY2013Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2013Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2014Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2014Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
1 | |
CY2014Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2014Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2014Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
400000000 | shares |
CY2014Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
281359451 | shares |
CY2014Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
88167959 | shares |
CY2014Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
1 | |
CY2013Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
400000000 | shares |
CY2013Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
1 | |
CY2013Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
85562546 | shares |
CY2013Q3 | mbi |
Revenues Of Consolidated Vies
RevenuesOfConsolidatedVies
|
30000000 | USD |
CY2014Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
1000000 | USD |
CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
16953000000 | USD |
CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
277812430 | shares |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
457000000 | USD | |
us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
23000000 | USD | |
us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
25000000 | USD | |
us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
218000000 | USD | |
us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
72000000 | USD | |
CY2014Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3902000000 | USD |
CY2014Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-14000000 | USD |
CY2014Q3 | mbi |
Preferred Stock Of Subsidiary And Noncontrolling Interest Value
PreferredStockOfSubsidiaryAndNoncontrollingInterestValue
|
21000000 | USD |
CY2013Q4 | mbi |
Preferred Stock Of Subsidiary And Noncontrolling Interest Value
PreferredStockOfSubsidiaryAndNoncontrollingInterestValue
|
21000000 | USD |
CY2014Q3 | mbi |
Accumulated Other Comprehensive Income Loss Deferred Income Tax
AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax
|
17000000 | USD |
CY2013Q4 | mbi |
Accumulated Other Comprehensive Income Loss Deferred Income Tax
AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax
|
54000000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
|
-23000000 | USD | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
|
-7000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
|
0 | USD | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
|
-4000000 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
5000000 | USD | |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
23000000 | USD | |
us-gaap |
Proceeds From Insurance Premiums Collected
ProceedsFromInsurancePremiumsCollected
|
143000000 | USD | |
us-gaap |
Proceeds From Insurance Premiums Collected
ProceedsFromInsurancePremiumsCollected
|
122000000 | USD | |
us-gaap |
Proceeds From Interest And Dividends Received
ProceedsFromInterestAndDividendsReceived
|
317000000 | USD | |
us-gaap |
Proceeds From Interest And Dividends Received
ProceedsFromInterestAndDividendsReceived
|
326000000 | USD | |
mbi |
Payments For Net Realized Losses On Insured Derivatives Paid
PaymentsForNetRealizedLossesOnInsuredDerivativesPaid
|
453000000 | USD | |
mbi |
Payments For Net Realized Losses On Insured Derivatives Paid
PaymentsForNetRealizedLossesOnInsuredDerivativesPaid
|
401000000 | USD | |
us-gaap |
Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
|
181000000 | USD | |
us-gaap |
Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
|
382000000 | USD | |
mbi |
Proceeds From Reinsurance And Recoveries
ProceedsFromReinsuranceAndRecoveries
|
1797000000 | USD | |
mbi |
Proceeds From Reinsurance And Recoveries
ProceedsFromReinsuranceAndRecoveries
|
93000000 | USD | |
us-gaap |
Payments For Operating Activities
PaymentsForOperatingActivities
|
198000000 | USD | |
us-gaap |
Payments For Operating Activities
PaymentsForOperatingActivities
|
227000000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
170000000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
136000000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-4000000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
1033000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-350000000 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
1220000000 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
1407000000 | USD | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
1497000000 | USD | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
594000000 | USD | |
us-gaap |
Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
|
172000000 | USD | |
us-gaap |
Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
|
212000000 | USD | |
us-gaap |
Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
51000000 | USD | |
us-gaap |
Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
23000000 | USD | |
us-gaap |
Increase Decrease Cash Collateral From Counterparties
IncreaseDecreaseCashCollateralFromCounterparties
|
99000000 | USD | |
us-gaap |
Increase Decrease Cash Collateral From Counterparties
IncreaseDecreaseCashCollateralFromCounterparties
|
65000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
297000000 | USD | |
us-gaap |
Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
|
166000000 | USD | |
us-gaap |
Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
|
77000000 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
1001000000 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
516000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-1224000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-754000000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
-5000000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
7000000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
113000000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-652000000 | USD | |
CY2014Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
606000000 | USD |
us-gaap |
Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
|
-138000000 | USD | |
us-gaap |
Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
|
-92000000 | USD | |
us-gaap |
Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
|
-30000000 | USD | |
us-gaap |
Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
|
-32000000 | USD | |
us-gaap |
Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
|
-392000000 | USD | |
us-gaap |
Increase Decrease In Loss And Loss Adjustment Expense Reserve
IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve
|
169000000 | USD | |
mbi |
Increase Decrease In Insurance Loss Recoverable
IncreaseDecreaseInInsuranceLossRecoverable
|
-2802000000 | USD | |
mbi |
Increase Decrease In Insurance Loss Recoverable
IncreaseDecreaseInInsuranceLossRecoverable
|
-119000000 | USD | |
mbi |
Increase Decrease In Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange
IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange
|
97000000 | USD | |
mbi |
Increase Decrease In Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange
IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange
|
190000000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
2000000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
49000000 | USD | |
mbi |
Vie Interest Net
VieInterestNet
|
65000000 | USD | |
mbi |
Vie Interest Net
VieInterestNet
|
56000000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-61000000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-79000000 | USD | |
us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
915000000 | USD | |
us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
-899000000 | USD | |
mbi |
Proceeds From Consolidation Of Variable Interest Entity
ProceedsFromConsolidationOfVariableInterestEntity
|
221000000 | USD | |
mbi |
Proceeds From Consolidation Of Variable Interest Entity
ProceedsFromConsolidationOfVariableInterestEntity
|
0 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2000000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
9000000 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
79000000 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
82000000 | USD | |
us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
-318000000 | USD | |
us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
546000000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
23000000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD | |
mbi |
Increase Decrease In Other Net Realized Gains Losses
IncreaseDecreaseInOtherNetRealizedGainsLosses
|
-28000000 | USD | |
mbi |
Increase Decrease In Other Net Realized Gains Losses
IncreaseDecreaseInOtherNetRealizedGainsLosses
|
28000000 | USD | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div><p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Summary</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA Inc., together with its consolidated subsidiaries, (collectively, “MBIA” or the “Company”) operates one of the largest financial guarantee insurance businesses in the industry and is a provider of asset management and advisory services. These</font><font style='font-family:Times New Roman;font-size:10pt;' > activities are managed through three business segments: United States (“U.S.”) public finance insurance; structured finance and international insurance; and advisory services. The Company’s U.S. public finance insurance business is primarily operated thro</font><font style='font-family:Times New Roman;font-size:10pt;' >ugh National Public Finance Guarantee Corporation and its subsidiaries (“National”), its structured finance and international insurance business is primarily operated through MBIA Insurance Corporation and its subsidiaries (“MBIA Corp.”), and its asset man</font><font style='font-family:Times New Roman;font-size:10pt;' >agement and advisory services business is primarily operated through Cutwater Holdings, LLC and its subsidiaries (“Cutwater”). Unless otherwise indicated or the context otherwise requires, references to “MBIA Corp.” are to MBIA Insurance Corporation, toget</font><font style='font-family:Times New Roman;font-size:10pt;' >her with its subsidiaries, MBIA UK Insurance Limited (“MBIA UK”) and MBIA Mexico S.A. de C.V. MBIA Inc. and certain of its subsidiaries also manage certain other business activities, the results of which are reported in the corporate, asset/liability produ</font><font style='font-family:Times New Roman;font-size:10pt;' >cts, and conduit segments. The corporate segment includes revenues and expenses that arise from general corporate activities. While the asset/liability products and conduit businesses represent separate business segments, they may be referred to collective</font><font style='font-family:Times New Roman;font-size:10pt;' >ly as “wind-down operations” as the funding programs managed through those businesses are in wind-down. Refer to “</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 10: Business Segments</font><font style='font-family:Times New Roman;font-size:10pt;' >” for further information about the Company’s reporting segments.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Business Developments</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >National Ratings and New Business Opportuni</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >ties</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >National’s ability to write new business and compete with other financial guarantors is largely dependent on the financial strength ratings assigned to National by major rating agencies. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >September 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, National was rated </font><font style='font-family:Times New Roman;font-size:10pt;' >AA+ with a stable</font><font style='font-family:Times New Roman;font-size:10pt;' > outlook by Kroll Bond Rating Agency, AA</font><font style='font-family:Times New Roman;font-size:10pt;' >- with a stable outlook</font><font style='font-family:Times New Roman;font-size:10pt;' > by </font><font style='font-family:Times New Roman;font-size:10pt;' >Standard & Poor’s Financial Services LLC (“S&P”)</font><font style='font-family:Times New Roman;font-size:10pt;' >, and A3 with a negative outlook by </font><font style='font-family:Times New Roman;font-size:10pt;' >Moody’s Investors Service, Inc. (“Moody’s”)</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >National seeks to generate shareholder value through approp</font><font style='font-family:Times New Roman;font-size:10pt;' >riate risk adjusted pricing; however, current market conditions and the competitive landscape may limit National’s new business opportunities and its abilities to price and underwrite risk with attractive returns. Refer to “Risks and Uncertainties” below f</font><font style='font-family:Times New Roman;font-size:10pt;' >or a discussion of business risks related to National’s strategy.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >MBIA Corp. Risk Reductions</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During the </font><font style='font-family:Times New Roman;font-size:10pt;' >nine months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >September 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company continued to focus on the collection of excess spread and put-back recoveries and the mitigation of MB</font><font style='font-family:Times New Roman;font-size:10pt;' >IA Corp.’s high risk insurance exposures, primarily through commutations of insurance policies. During the </font><font style='font-family:Times New Roman;font-size:10pt;' >nine months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >September 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA Corp. commuted $</font><font style='font-family:Times New Roman;font-size:10pt;' >6.5</font><font style='font-family:Times New Roman;font-size:10pt;' > billion of gross par exposure, primarily comprising structured comme</font><font style='font-family:Times New Roman;font-size:10pt;' >rcial mortgage-backed securities (“CMBS”) pools, investment grade corporate collateralized debt obligations (“CDOs”), commercial real estate (“CRE”) CDOs and asset-backed securities (“ABS”). MBIA Corp. may make negotiated settlement payments to counterpart</font><font style='font-family:Times New Roman;font-size:10pt;' >ies and/or forego its right to all or some termination premiums when it commutes insurance exposures. The difference between the fair values of the Company’s derivative liabilities for the commuted policies and the aggregate cost of the commutation was ref</font><font style='font-family:Times New Roman;font-size:10pt;' >lected in earnings for the </font><font style='font-family:Times New Roman;font-size:10pt;' >nine months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >September 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Other</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In October of 2014, the Company signed an agreement to sell Cutwater to a subsidiary of The Bank of New York Mellon Corporation. The sale is expected to close at the beginning of the f</font><font style='font-family:Times New Roman;font-size:10pt;' >irst quarter of 2015, subject to regulatory approval and other customary closing conditions. The transaction is expected to have a positive but immaterial impact on the Company’s financial position and results of operations.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Risks and Uncertainties</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Com</font><font style='font-family:Times New Roman;font-size:10pt;' >pany’s financial statements include estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. The outcome of certain significant risks and uncertainties could cause the Company to revise its estimates and ass</font><font style='font-family:Times New Roman;font-size:10pt;' >umptions or could cause actual results to differ from the Company’s estimates. While the Company believes it continues to have sufficient capital and liquidity to meet all of its expected obligations, if one or more possible adverse outcomes were to be rea</font><font style='font-family:Times New Roman;font-size:10pt;' >lized, its financial position, results of operations and cash flows, and its insurance companies’ statutory capital, could be materially and adversely affected. The discussion below highlights the significant risks and uncertainties that could have a mater</font><font style='font-family:Times New Roman;font-size:10pt;' >ial effect on the Company’s financial statements and business objectives in future periods. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' > </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >MBIA Inc. Liquidity </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >September 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, the liquidity position of MBIA Inc., which consists of the liquidity positions of its corporate and asset/liability products segments, was </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >348</font><font style='font-family:Times New Roman;font-size:10pt;' > million, and comprised cash and liquid assets of $</font><font style='font-family:Times New Roman;font-size:10pt;' >297</font><font style='font-family:Times New Roman;font-size:10pt;' > million available for gene</font><font style='font-family:Times New Roman;font-size:10pt;' >ral liquidity purposes</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and $</font><font style='font-family:Times New Roman;font-size:10pt;' >51</font><font style='font-family:Times New Roman;font-size:10pt;' > million not pledged directly as collateral for its asset/liability products segment</font><font style='font-family:Times New Roman;font-size:10pt;' >. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2013</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA Inc. had $</font><font style='font-family:Times New Roman;font-size:10pt;' >359</font><font style='font-family:Times New Roman;font-size:10pt;' > million of cash and liquid assets comprising $</font><font style='font-family:Times New Roman;font-size:10pt;' >307</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >million available for general corporate liquidity purposes and $</font><font style='font-family:Times New Roman;font-size:10pt;' >52</font><font style='font-family:Times New Roman;font-size:10pt;' > million not pledged directly as collateral for its asset/liability products segment. During the </font><font style='font-family:Times New Roman;font-size:10pt;' >nine months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >September 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >220</font><font style='font-family:Times New Roman;font-size:10pt;' > million was released</font><font style='font-family:Times New Roman;font-size:10pt;' > to MBIA Inc. under the MBIA group’s tax sharing agreement (the “Tax Escrow Account”). Subsequent to September 30, 2014, National declared and paid a dividend of $</font><font style='font-family:Times New Roman;font-size:10pt;' >220</font><font style='font-family:Times New Roman;font-size:10pt;' > million to its ultimate parent, MBIA Inc. While MBIA Inc.’s liquidity position slightly i</font><font style='font-family:Times New Roman;font-size:10pt;' >mproved during the </font><font style='font-family:Times New Roman;font-size:10pt;' >nine months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >September 30,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' > due to the Tax Escrow Account release, MBIA Inc. continues to have liquidity risk. If invested asset performance deteriorates or the flow of dividends from subsidiaries is interrupted and/or access to</font><font style='font-family:Times New Roman;font-size:10pt;' > the capital markets is impaired, its liquidity position could be eroded over time. While the Company expects that MBIA Inc. will generate sufficient cash to satisfy its debt obligations and its general corporate needs over time from distributions from its</font><font style='font-family:Times New Roman;font-size:10pt;' > operating subsidiaries and payments under the Tax Escrow Account once the payments become unrestricted, there can be no assurance that such sources will generate sufficient cash. In addition, a failure by MBIA Inc. to settle liabilities that are also insu</font><font style='font-family:Times New Roman;font-size:10pt;' >red by MBIA Corp. could result in claims on MBIA Corp. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >U.S. Public Finance Market Conditions</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The majority of National’s new business is expected to be in the general obligation, tax-backed and revenue bond sectors. In addition to the new issue market, </font><font style='font-family:Times New Roman;font-size:10pt;' >there are attractive opportunities in the secondary market with respect to bonds issued in recent years which were not insured upon issuance and which meet National’s underwriting criteria. Nonetheless, as a result of intense competition and the diminished</font><font style='font-family:Times New Roman;font-size:10pt;' > use of financial guarantee insurance in the municipal finance market, among other factors, there can be no assurance that National will be able to write business that generates attractive returns. Financial guarantee insurance competes in nearly all insta</font><font style='font-family:Times New Roman;font-size:10pt;' >nces with the issuer’s alternative of foregoing insurance and paying a higher interest rate. If the interest savings from insurance are not greater than the cost of the insurance, the issuer will generally choose to issue bonds without insurance.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Prevailin</font><font style='font-family:Times New Roman;font-size:10pt;' >g interest rate levels can affect demand for financial guarantee insurance. Higher interest rates and higher levels of issuance of new municipal debt would present more favorable new business opportunities for National in the U.S. public finance market. Lo</font><font style='font-family:Times New Roman;font-size:10pt;' >wer interest rates are typically accompanied by narrower spread</font><font style='font-family:Times New Roman;font-size:10pt;' >s between insured and uninsured obligations. This is, in part, due to the fact that investors may choose to forego insurance to increase the yield on their investment. Therefore, the purchase o</font><font style='font-family:Times New Roman;font-size:10pt;' >f insurance during periods of relatively narrower interest rate spreads will generally provide lower cost savings to the issuer than during periods of relatively wider spreads.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >National’s insured portfolio continued to perform satisfactorily on the </font><font style='font-family:Times New Roman;font-size:10pt;' >whole,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >however portions of the obligations that the Company insure</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > were issued by a few of the state and local governments and territories that remain under financial and budgetary stress. In addition, a few of these local governments have filed for protection </font><font style='font-family:Times New Roman;font-size:10pt;' >under Chapter 9 of the United States Bankruptcy Code or have entered into state statutory proceedings established to assist municipalities in managing through periods of severe fiscal stress. This could lead to an increase in defaults by such entities on t</font><font style='font-family:Times New Roman;font-size:10pt;' >he payment of their obligations and losses or impairments on a greater number of the Company’s insured transactions. The Company monitors and analyzes these situations and other stressed credits closely, and the overall extent and duration of this stress i</font><font style='font-family:Times New Roman;font-size:10pt;' >s uncertain. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >MBIA Corp. Recoveri</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >es and Insured Portfolio </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The amount and timing of projected collections from excess spread from second-lien residential mortgage-backed securities (“RMBS”) and </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >put-back recoverable from Credit Suisse Securities (USA) </font><font style='font-family:Times New Roman;font-size:10pt;' >LLC, DLJ Mortgage Capital, Inc., and Select Portfolio Servicing Inc. (collectively, “Credit Suisse”) and the potential of claims from MBIA Corp.’s remaining insured CMBS pools and RMBS are uncertain. Further, the remaining insured portfolio, aside from the</font><font style='font-family:Times New Roman;font-size:10pt;' >se exposures, could deteriorate and result in additional significant loss reserves and claim payments. Management’s expected liquidity and capital forecasts for MBIA Corp., which include expected excess spread recoveries and put-back recoveries from Credit</font><font style='font-family:Times New Roman;font-size:10pt;' > Suisse, reflect adequate resources to pay claims when due. However, if MBIA Corp. experiences higher than expected claim payments or is unable to terminate the remaining exposures that represent substantial risk to the Company, MBIA Corp. may ultimately h</font><font style='font-family:Times New Roman;font-size:10pt;' >ave insufficient resources to continue to pay claims, which could cause the New York State Department of Financial Services (“NYSDFS”) to put </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >, exclusive of </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > UK, </font><font style='font-family:Times New Roman;font-size:10pt;' >into a rehabilitation or liquidation proceeding. Such a procee</font><font style='font-family:Times New Roman;font-size:10pt;' >ding could have an adverse impact on MBIA Inc. and would result in material adverse consequences for MBIA Corp., including the termination of insured credit default swaps (“CDS”) contracts for which counterparties may assert market-based claims, the accele</font><font style='font-family:Times New Roman;font-size:10pt;' >ration of debt obligations issued by affiliates and insured by MBIA Corp., the loss of control of MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > Corp., exclusive of </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > UK</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >to a rehabilitator or liquidator, and unplanned costs.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Refer to “</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 5: Loss and Loss Adjustment Expense Reserves</font><font style='font-family:Times New Roman;font-size:10pt;' >” for information about </font><font style='font-family:Times New Roman;font-size:10pt;' >M</font><font style='font-family:Times New Roman;font-size:10pt;' >BIA</font><font style='font-family:Times New Roman;font-size:10pt;' > Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >’s loss reserves and recoveries. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Management does not believe that a rehabilitation or liquidation proceeding of MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp., exclusive of </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > UK</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >by the NYSDFS will have any significant long-term liquidity impact on MBIA In</font><font style='font-family:Times New Roman;font-size:10pt;' >c. or result in </font><font style='font-family:Times New Roman;font-size:10pt;' >a liquidation</font><font style='font-family:Times New Roman;font-size:10pt;' > or similar proceeding of MBIA UK.</font></p></div> | ||
mbi |
Losses And Loss Adjustment Expenses Related To Actual And Expected Payments
LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments
|
-56000000 | USD | |
mbi |
Recoveries Of Actual And Expected Payments
RecoveriesOfActualAndExpectedPayments
|
138000000 | USD | |
mbi |
Losses Incurred Gross Of Reinsurance
LossesIncurredGrossOfReinsurance
|
82000000 | USD | |
us-gaap |
Reinsurance Costs And Recoveries Net
ReinsuranceCostsAndRecoveriesNet
|
0 | USD | |
CY2014Q3 | mbi |
Number Of Policies
NumberOfPolicies
|
339 | |
CY2014Q3 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Number Of Contracts Issued And Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding
|
156 | |
CY2014Q3 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal
|
12424000000 | USD |
CY2014Q3 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Interest
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest
|
7270000000 | USD |
CY2014Q3 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding
|
19694000000 | USD |
CY2014Q3 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Gross Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability
|
841000000 | USD |
CY2014Q3 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Gross Potential Recoveries
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries
|
798000000 | USD |
CY2014Q3 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Net Discount
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount
|
120000000 | USD |
CY2014Q3 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Net Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability
|
-77000000 | USD |
CY2014Q3 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Unearned Premium Revenue
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue
|
213000000 | USD |
CY2013Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Gross Potential Recoveries
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries
|
1085000000 | USD |
CY2013Q4 | mbi |
Number Of Policies
NumberOfPolicies
|
299 | |
CY2013Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Gross Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability
|
1235000000 | USD |
CY2013Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding
|
22896000000 | USD |
CY2013Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Number Of Contracts Issued And Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding
|
180 | |
CY2013Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Unearned Premium Revenue
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue
|
227000000 | USD |
CY2013Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal
|
14264000000 | USD |
CY2013Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Interest
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest
|
8632000000 | USD |
CY2013Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Net Discount
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount
|
205000000 | USD |
CY2013Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Net Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability
|
-55000000 | USD |
CY2013 | us-gaap |
Insured Financial Obligations With Credit Deterioration Remaining Weighted Average Contract Period
InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod
|
P9Y8M12D | |
mbi |
Increase Decrease In Loss Adjustment Expense Recoveries
IncreaseDecreaseInLossAdjustmentExpenseRecoveries
|
9000000 | USD | |
mbi |
Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Accretion Of Recoveries
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries
|
13000000 | USD | |
mbi |
Collections For Cases With Recoveries
CollectionsForCasesWithRecoveries
|
84000000 | USD | |
mbi |
Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Assumptions
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions
|
-191000000 | USD | |
CY2013Q4 | mbi |
Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses
|
900000000 | USD |
CY2014Q3 | mbi |
Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses
|
670000000 | USD |
mbi |
Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Discount Rate
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate
|
22000000 | USD | |
mbi |
Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Other
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther
|
1000000 | USD | |
CY2014Q3 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
6748000000 | USD |
CY2014Q3 | us-gaap |
Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
|
2730000000 | USD |
CY2014Q3 | mbi |
Available For Sale Cumulative Other Than Temporary Impairment Of Securities
AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities
|
83000000 | USD |
CY2014Q3 | mbi |
Held To Maturity Cumulative Other Than Temporary Impairment Of Securities
HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities
|
0 | USD |
CY2014Q3 | mbi |
Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
|
164000000 | USD |
CY2014Q3 | mbi |
Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
|
164000000 | USD |
CY2014Q3 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
6748000000 | USD |
CY2014Q3 | us-gaap |
Held To Maturity Securities
HeldToMaturitySecurities
|
2772000000 | USD |
CY2014Q3 | mbi |
Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
|
102000000 | USD |
CY2014Q3 | mbi |
Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
|
144000000 | USD |
CY2013Q4 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
6824000000 | USD |
CY2013Q4 | us-gaap |
Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
|
2651000000 | USD |
CY2013Q4 | mbi |
Available For Sale Cumulative Other Than Temporary Impairment Of Securities
AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities
|
10000000 | USD |
CY2013Q4 | mbi |
Held To Maturity Cumulative Other Than Temporary Impairment Of Securities
HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities
|
0 | USD |
CY2013Q4 | mbi |
Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
|
97000000 | USD |
CY2013Q4 | mbi |
Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
|
229000000 | USD |
CY2013Q4 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
6692000000 | USD |
CY2013Q4 | us-gaap |
Held To Maturity Securities
HeldToMaturitySecurities
|
2801000000 | USD |
CY2013Q4 | mbi |
Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
|
31000000 | USD |
CY2013Q4 | mbi |
Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
|
181000000 | USD |
CY2014Q3 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
1006000000 | USD |
CY2014Q3 | us-gaap |
Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
0 | USD |
CY2014Q3 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
1373000000 | USD |
CY2014Q3 | us-gaap |
Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
431000000 | USD |
CY2014Q3 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
|
2379000000 | USD |
CY2014Q3 | us-gaap |
Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
|
431000000 | USD |
CY2014Q3 | mbi |
Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments
|
80000000 | USD |
CY2014Q3 | mbi |
Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
0 | USD |
CY2014Q3 | mbi |
Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
144000000 | USD |
CY2014Q3 | mbi |
Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments
|
84000000 | USD |
CY2014Q3 | mbi |
Available For Sale Securities Continuous Unrealized Loss Position Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments
|
164000000 | USD |
CY2014Q3 | mbi |
Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
|
144000000 | USD |
CY2013Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
2978000000 | USD |
CY2013Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
479000000 | USD |
CY2013Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
|
3457000000 | USD |
CY2013Q4 | us-gaap |
Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
|
1244000000 | USD |
CY2013Q4 | us-gaap |
Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
1244000000 | USD |
CY2013Q4 | mbi |
Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments
|
101000000 | USD |
CY2013Q4 | us-gaap |
Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
0 | USD |
CY2013Q4 | mbi |
Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
0 | USD |
CY2013Q4 | mbi |
Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
181000000 | USD |
CY2013Q4 | mbi |
Available For Sale Securities Continuous Unrealized Loss Position Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments
|
229000000 | USD |
CY2013Q4 | mbi |
Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
|
181000000 | USD |
CY2013Q4 | mbi |
Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments
|
128000000 | USD |
CY2014Q3 | mbi |
Percentage Of Securities Book Value Exceeded Market Value
PercentageOfSecuritiesBookValueExceededMarketValue
|
0.05 | pure |
us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
|
14000000 | USD | |
us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
|
174000000 | USD | |
us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
|
1000000 | USD | |
us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
|
5000000 | USD | |
CY2014Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
12000000 | USD |
CY2014Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
4000000 | USD |
us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
|
14000000 | USD | |
us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
|
0 | USD | |
CY2013Q4 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
175000000 | USD |
CY2012Q4 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
197000000 | USD |
us-gaap |
Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
|
61000000 | USD | |
us-gaap |
Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
|
13000000 | USD | |
us-gaap |
Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
|
52000000 | USD | |
us-gaap |
Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
|
25000000 | USD | |
us-gaap |
Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
|
594000000 | USD | |
us-gaap |
Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
|
1497000000 | USD | |
mbi |
Weighted Average Contractual Maturity Period Of Securities Unrealized Loss Position
WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition
|
P15Y | ||
CY2013 | mbi |
Weighted Average Contractual Maturity Period Of Securities Unrealized Loss Position
WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition
|
P18Y | |
mbi |
Number Of Credit Support Annexes
NumberOfCreditSupportAnnexes
|
1 | pure | |
CY2013 | mbi |
Number Of Credit Support Annexes
NumberOfCreditSupportAnnexes
|
1 | pure |
mbi |
Premiums Earned Net Financial Guarantee Insurance Contracts And Insured Derivatives
PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives
|
308000000 | USD | |
mbi |
Premiums Earned Net Financial Guarantee Insurance Contracts And Insured Derivatives
PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives
|
377000000 | USD | |
us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
15000000 | USD | |
us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
3000000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
534000000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
115000000 | USD | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
32000000 | USD | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
6000000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
503000000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
110000000 | USD | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1126134 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1230599 | shares | |
us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
2061719 | shares | |
us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
2705912 | shares | |
mbi |
Unvested Restricted Stock And Units That Receive Nonforfeitable Dividends Or Dividend Equivalents That Have Met Service Condition
UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition
|
636570 | shares | |
mbi |
Unvested Restricted Stock And Units That Receive Nonforfeitable Dividends Or Dividend Equivalents That Have Met Service Condition
UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition
|
315018 | shares | |
us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-18000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
54000000 | USD | |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
42000000 | USD |
CY2014Q3 | mbi |
Lease Incentives
LeaseIncentives
|
6000000 | USD |
mbi |
Number Of Other Lawsuits
NumberOfOtherLawsuits
|
0 | Lawsuits | |
us-gaap |
Lessee Leasing Arrangements Operating Leases Renewal Term
LesseeLeasingArrangementsOperatingLeasesRenewalTerm
|
P5Y | ||
mbi |
Number Of Operating Lease Term Extensions
NumberOfOperatingLeaseTermExtensions
|
2 | pure | |
CY2014Q3 | us-gaap |
Revenues
Revenues
|
291000000 | USD |
CY2013Q3 | us-gaap |
Revenues
Revenues
|
420000000 | USD |
us-gaap |
Revenues
Revenues
|
1055000000 | USD | |
us-gaap |
Revenues
Revenues
|
751000000 | USD | |
CY2014Q3 | us-gaap |
Benefits Losses And Expenses
BenefitsLossesAndExpenses
|
143000000 | USD |
CY2014Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
1000000 | USD |
CY2013Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-15000000 | USD |
CY2013Q3 | us-gaap |
Benefits Losses And Expenses
BenefitsLossesAndExpenses
|
249000000 | USD |
us-gaap |
Benefits Losses And Expenses
BenefitsLossesAndExpenses
|
448000000 | USD | |
us-gaap |
Benefits Losses And Expenses
BenefitsLossesAndExpenses
|
629000000 | USD | |
CY2014Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
148000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
607000000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
122000000 | USD | |
CY2014Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-25000000 | USD |
CY2013Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
39000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
58000000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4000000 | USD | |
CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
173000000 | USD |
CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
132000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
549000000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
118000000 | USD | |
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
CY2013Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
171000000 | USD |
CY2014Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.9 | |
CY2014Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.8 | |
CY2013Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.68 | |
CY2013Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.52 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.83 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.62 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.61 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.57 | ||
CY2014Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
187104785 | shares |
CY2014Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
188424318 | shares |
CY2013Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
188931800 | shares |
CY2013Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
192581064 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
188428870 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
191616723 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
189094678 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
193031189 | shares | |
CY2014Q3 | mbi |
Percentage Of Insured Credit Derivatives Value Under Direct Price Model And Dual Default Model
PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel
|
0.06 | pure |
CY2014Q3 | mbi |
Percentage Of Sector Specific Transactions Valued Using Bet Model
PercentageOfSectorSpecificTransactionsValuedUsingBetModel
|
0.06 | pure |
CY2014Q3 | mbi |
Percentage Of Transactions Valued Using Corporate Spread
PercentageOfTransactionsValuedUsingCorporateSpread
|
0.44 | pure |
CY2014Q3 | mbi |
Percentage Of Transactions Valued Using Spread Benchmark From Most Relevant Spread Source
PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource
|
0.5 | pure |
CY2014Q3 | mbi |
Percentage Of Transactions Valued Using Warf Sourced And Or Ratings Source Credit Spread
PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread
|
0.76 | pure |
CY2014Q3 | us-gaap |
Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
|
284000000 | USD |
CY2013Q4 | us-gaap |
Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
|
1200000000 | USD |
CY2014Q3 | mbi |
Impact Of Non Performance Risk On Insured Derivative Liability
ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability
|
94000000 | USD |
CY2013Q4 | mbi |
Impact Of Non Performance Risk On Insured Derivative Liability
ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability
|
394000000 | USD |
CY2014Q3 | mbi |
Approximate Percentage Of Level3 Assets At Fair Value In Total Assets Measured At Fair Value
ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue
|
0.22 | pure |
CY2013Q4 | mbi |
Approximate Percentage Of Level3 Assets At Fair Value In Total Assets Measured At Fair Value
ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue
|
0.22 | pure |
CY2014Q3 | mbi |
Approximate Percentage Of Level3 Liabilities At Fair Value In Total Liabilities Measured At Fair Value
ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue
|
0.41 | pure |
CY2013Q4 | mbi |
Approximate Percentage Of Level3 Liabilities At Fair Value In Total Liabilities Measured At Fair Value
ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue
|
0.61 | pure |
CY2014Q3 | mbi |
Transfers Into Level Three
TransfersIntoLevelThree
|
55000000 | USD |
CY2014Q3 | mbi |
Transfers Out Of Level Three
TransfersOutOfLevelThree
|
1000000 | USD |
CY2014Q3 | mbi |
Transfers Into Level Two
TransfersIntoLevelTwo
|
1000000 | USD |
CY2014Q3 | mbi |
Transfers Out Of Level Two
TransfersOutOfLevelTwo
|
55000000 | USD |
CY2013Q3 | mbi |
Transfers Into Level Three
TransfersIntoLevelThree
|
41000000 | USD |
CY2013Q3 | mbi |
Transfers Out Of Level Three
TransfersOutOfLevelThree
|
34000000 | USD |
CY2013Q3 | mbi |
Transfers Into Level Two
TransfersIntoLevelTwo
|
34000000 | USD |
CY2013Q3 | mbi |
Transfers Out Of Level Two
TransfersOutOfLevelTwo
|
41000000 | USD |
us-gaap |
Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
|
2000000 | USD | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-9000000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
121000000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-100000000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
185000000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-155000000 | USD | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
0 | USD |
CY2013Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-6000000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-55000000 | USD | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
0 | USD |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
-13000000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
-15000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
6000000 | USD | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
0 | USD |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
-5000000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
-6000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
2000000 | USD | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
0 | USD |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-8000000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-9000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
4000000 | USD | |
CY2014Q3 | mbi |
Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax
|
-79000000 | USD |
CY2013Q3 | mbi |
Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax
|
8000000 | USD |
mbi |
Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax
|
-80000000 | USD | |
mbi |
Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax
|
15000000 | USD | |
CY2014Q3 | mbi |
Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax
|
-28000000 | USD |
CY2013Q3 | mbi |
Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax
|
2000000 | USD |
mbi |
Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax
|
-29000000 | USD | |
mbi |
Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax
|
6000000 | USD | |
CY2014Q3 | mbi |
Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses After Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax
|
-51000000 | USD |
CY2013Q3 | mbi |
Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses After Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax
|
6000000 | USD |
mbi |
Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses After Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax
|
-51000000 | USD | |
mbi |
Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses After Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax
|
9000000 | USD | |
CY2014Q3 | mbi |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax
|
0 | USD |
CY2013Q3 | mbi |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax
|
1000000 | USD |
mbi |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax
|
-7000000 | USD | |
mbi |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax
|
5000000 | USD | |
CY2014Q3 | mbi |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax
|
0 | USD |
CY2013Q3 | mbi |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax
|
1000000 | USD |
mbi |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax
|
-2000000 | USD | |
mbi |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax
|
2000000 | USD | |
CY2014Q3 | mbi |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax
|
0 | USD |
CY2013Q3 | mbi |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax
|
0 | USD |
mbi |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax
|
-5000000 | USD | |
mbi |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax
|
3000000 | USD | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
|
-30000000 | USD |
CY2013Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
|
32000000 | USD |
CY2014Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
-10000000 | USD |
CY2013Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
1000000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
-7000000 | USD | |
us-gaap |
Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
1000000 | USD | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-20000000 | USD |
CY2013Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
31000000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-16000000 | USD | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-8000000 | USD | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax
|
0 | USD |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax
|
0 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax
|
-4000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax
|
0 | USD | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
|
0 | USD |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
|
0 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
|
0 | USD | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
|
0 | USD | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
|
0 | USD |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
|
0 | USD |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-70000000 | USD |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
36000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
72000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-106000000 | USD | |
CY2014Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
103000000 | USD |
CY2013Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
168000000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
621000000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
12000000 | USD | |
CY2014Q3 | us-gaap |
Revenue Other Financial Services
RevenueOtherFinancialServices
|
177000000 | USD |
CY2014Q3 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
24000000 | USD |
CY2014Q3 | mbi |
Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange
NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange
|
57000000 | USD |
CY2014Q3 | mbi |
Revenues Of Consolidated Vies
RevenuesOfConsolidatedVies
|
17000000 | USD |
CY2014Q3 | mbi |
Revenue From Transactions With Other Operating Segments Of Same Entity
RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity
|
0 | USD |
CY2014Q3 | mbi |
Segment Revenue
SegmentRevenue
|
291000000 | USD |
CY2014Q3 | us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
20000000 | USD |
CY2014Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
59000000 | USD |
CY2014Q3 | us-gaap |
Interest Expense
InterestExpense
|
52000000 | USD |
CY2014Q3 | mbi |
Expenses Of Consolidated Vies
ExpensesOfConsolidatedVies
|
12000000 | USD |
CY2014Q3 | mbi |
Expense From Transactions With Other Operating Segments Of Same Entity
ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity
|
0 | USD |
CY2014Q3 | mbi |
Segment Expense
SegmentExpense
|
143000000 | USD |
CY2014Q3 | mbi |
Segment Pretax Income Loss
SegmentPretaxIncomeLoss
|
148000000 | USD |
us-gaap |
Revenue Other Financial Services
RevenueOtherFinancialServices
|
483000000 | USD | |
us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
14000000 | USD | |
mbi |
Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange
NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange
|
62000000 | USD | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
49000000 | USD | |
us-gaap |
Other Income
OtherIncome
|
-29000000 | USD | |
mbi |
Revenues Of Consolidated Vies
RevenuesOfConsolidatedVies
|
172000000 | USD | |
mbi |
Revenue From Transactions With Other Operating Segments Of Same Entity
RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity
|
0 | USD | |
mbi |
Segment Revenue
SegmentRevenue
|
751000000 | USD | |
us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
92000000 | USD | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
316000000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
179000000 | USD | |
mbi |
Expenses Of Consolidated Vies
ExpensesOfConsolidatedVies
|
42000000 | USD | |
mbi |
Expense From Transactions With Other Operating Segments Of Same Entity
ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity
|
0 | USD | |
mbi |
Segment Expense
SegmentExpense
|
629000000 | USD | |
mbi |
Segment Pretax Income Loss
SegmentPretaxIncomeLoss
|
122000000 | USD | |
CY2013Q3 | us-gaap |
Revenue Other Financial Services
RevenueOtherFinancialServices
|
151000000 | USD |
CY2013Q3 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
257000000 | USD |
CY2013Q3 | mbi |
Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange
NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange
|
5000000 | USD |
CY2013Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
6000000 | USD |
CY2013Q3 | us-gaap |
Other Income
OtherIncome
|
-29000000 | USD |
CY2013Q3 | mbi |
Revenue From Transactions With Other Operating Segments Of Same Entity
RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity
|
0 | USD |
CY2013Q3 | mbi |
Segment Revenue
SegmentRevenue
|
420000000 | USD |
CY2013Q3 | us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
98000000 | USD |
CY2013Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
80000000 | USD |
CY2013Q3 | us-gaap |
Interest Expense
InterestExpense
|
59000000 | USD |
CY2013Q3 | mbi |
Expenses Of Consolidated Vies
ExpensesOfConsolidatedVies
|
12000000 | USD |
CY2013Q3 | mbi |
Expense From Transactions With Other Operating Segments Of Same Entity
ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity
|
0 | USD |
CY2013Q3 | mbi |
Segment Expense
SegmentExpense
|
249000000 | USD |
CY2013Q3 | mbi |
Segment Pretax Income Loss
SegmentPretaxIncomeLoss
|
171000000 | USD |
mbi |
Release From Tax Sharing Agreement Escrow Account
ReleaseFromTaxSharingAgreementEscrowAccount
|
220000000 | USD | |
CY2014Q3 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
28000000 | USD |
us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Recent </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >Accounting Developments</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Presentation of Financia</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >l Statements (Topic 205) and Property, P</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >lant, and Equipment (Topic 360)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > —</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In April of 2014, the FASB issued ASU 2014-08, “Presentation of Financial Statements (Topic 2</font><font style='font-family:Times New Roman;font-size:10pt;' >05) and Property, Plant, and Equipment (Topic 360)-Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.” ASU 2014-08 changes the criteria for determining whether a disposal of a component or group of components of an e</font><font style='font-family:Times New Roman;font-size:10pt;' >ntity qualifies for discontinued operations presentation and requires new disclosures. ASU 2014-08 amends the definition of discontinued operation to a disposal of components of an entity that represent strategic shifts that have, or will have, a major eff</font><font style='font-family:Times New Roman;font-size:10pt;' >ect on an entity’s operations and financial results. ASU 2014-08 is effective for interim and annual periods beginning January 1, 2015 with early adoption permitted. The adoption of ASU 2014-08 is not expected to materially impact the Company’s consolidat</font><font style='font-family:Times New Roman;font-size:10pt;' >ed financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Revenue from Contracts with Customers (Topic 606) (ASU 2014-09)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In May of 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers (Topic 606).” ASU 2014-09 amends the accounting guidance for recognizing revenue </font><font style='font-family:Times New Roman;font-size:10pt;' >for the transfer of goods or services from contracts with customers unless those contracts are within the scope of other accounting standards. ASU 2014-09 is effective for interim and annual periods beginning January 1, 2017, and is applied on a retrospect</font><font style='font-family:Times New Roman;font-size:10pt;' >ive or modified retrospective basis. The Company is evaluating the impact of adopting ASU 2014-09.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Tra</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >nsfers and Servicing (Topic 860</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > — </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures (ASU 2014-11)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In June of 2014, the FASB iss</font><font style='font-family:Times New Roman;font-size:10pt;' >ued ASU 2014-11, “Transfers and Servicing (Topic 860)-Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures.” The repurchase agreements and similar transactions guidance is amended by ASU 2014-11 to change the accounting for i.) repur</font><font style='font-family:Times New Roman;font-size:10pt;' >chase-to-maturity transactions to secured borrowing accounting and ii.) linked repurchase financing transactions to secured borrowing accounting. ASU 2014-11 amends disclosure requirements for transfers accounted for as sales, and for repurchase transactio</font><font style='font-family:Times New Roman;font-size:10pt;' >ns accounted for as secured borrowings. ASU 2014-11 is effective for interim and annual periods beginning January 1, 2015, and is applied on a prospective basis. The adoption of ASU 2014-11 is not expected to materially impact the Company’s consolidated fi</font><font style='font-family:Times New Roman;font-size:10pt;' >nancial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Compensation-Stock Compensation (Topic 718</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > —</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period (A Consensus of the FASB Emerging Issues</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > Task Force) (ASU 2014-12)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In June of 2014, the FASB issued ASU 2014-12, “Compensation-Stock Compensation (Topic 718)-Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Ser</font><font style='font-family:Times New Roman;font-size:10pt;' >vice Period.” ASU 2014-12 requires that a performance target that affects vesting of share-based payment awards and that could be achieved after an employee’s requisite service period be accounted for as a performance condition. ASU 2014-12 is effective fo</font><font style='font-family:Times New Roman;font-size:10pt;' >r interim and annual periods beginning January 1, 2016 with early adoption permitted, and is applied on a prospective basis or retrospective basis. The adoption of ASU 2014-12 is not expected to materially impact the Company’s consolidated financial statem</font><font style='font-family:Times New Roman;font-size:10pt;' >ents.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Consolidation (Topic 810)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >—</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Measuring the Financial Assets and the Financial Liabilities of a Consolidated Collateralized Financing Entity (ASU 2014-</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >13</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >) </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In August of 2014, the FASB issued ASU 2014-13, “Consolidation (Topic 810)-Measuring the Financia</font><font style='font-family:Times New Roman;font-size:10pt;' >l Assets and the Financial Liabilities of a Consolidated Collateralized Financing Entity.”</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ASU 2014-13 applies to a consolidated collateralized financing entity defined as a consolidated variable interest entity (“VIE”) that holds financial assets and issu</font><font style='font-family:Times New Roman;font-size:10pt;' >es beneficial interests in those financial assets that are classified as financial liabilities. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company</font><font style='font-family:Times New Roman;font-size:10pt;' > may elect to measure the financial assets and the financial liabilities of a consolidated collateralized financing entity using a measurement altern</font><font style='font-family:Times New Roman;font-size:10pt;' >ative provided in ASU 2014-</font><font style='font-family:Times New Roman;font-size:10pt;' >13</font><font style='font-family:Times New Roman;font-size:10pt;' >. The measurement alternative requires both the financial assets and the financial liabilities of the consolidated collateralized financing entity to be measured using the more observable of the fair value of the financial asse</font><font style='font-family:Times New Roman;font-size:10pt;' >ts and the fair value of the financial liabilities with the changes in fair value recognized to earnings. Upon adoption, a reporting entity may apply the measurement alternative to existing consolidated collateralized financing entities. ASU 2014-</font><font style='font-family:Times New Roman;font-size:10pt;' >13</font><font style='font-family:Times New Roman;font-size:10pt;' > is eff</font><font style='font-family:Times New Roman;font-size:10pt;' >ective for interim and annual periods beginning January 1, 2016 with early adoption permitted. The adoption of ASU 2014-</font><font style='font-family:Times New Roman;font-size:10pt;' >13</font><font style='font-family:Times New Roman;font-size:10pt;' > is not expected to materially impact the Company’s consolidated financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Presentation of Financial Statements</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >—</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Going Conc</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >ern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >(ASU 2014-</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >15</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >)</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In August of 2014, the FASB issued ASU 2014-15, “Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of U</font><font style='font-family:Times New Roman;font-size:10pt;' >ncertainties about an Entity’s Ability to Continue as a Going Concern.” ASU 2014-15 requires management to evaluate whether there are conditions or events that raise substantial doubt about the entity’s ability to continue as a going concern, and to provid</font><font style='font-family:Times New Roman;font-size:10pt;' >e certain disclosures when it is probable that the entity will be unable to meet its obligations as they become due within one year after the date that the financial statements are issued. ASU 2014-15 is effective for the annual period ended December 31, 2</font><font style='font-family:Times New Roman;font-size:10pt;' >016 and for annual periods and interim periods thereafter with early adoption permitted. </font><font style='font-family:Times New Roman;font-size:10pt;' >The adoption of ASU 2014-15 is not expected to materially impact the Company’s consolidated financial statements.</font></p><p style='text-align:left;line-height:12pt;' ></p></div> | ||
CY2013Q4 | us-gaap |
Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
|
10786000000 | USD |
CY2013Q4 | us-gaap |
Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
|
3781000000 | USD |
mbi |
Commuted Gross Insured Exposure
CommutedGrossInsuredExposure
|
6500000000 | USD | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | pure | |
us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
446000000 | USD | |
us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
82000000 | USD | |
mbi |
Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange
NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange
|
63000000 | USD | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
3000000 | USD | |
us-gaap |
Other Income
OtherIncome
|
31000000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
158000000 | USD | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
93000000 | USD |
CY2013Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
32678989 | shares |
CY2014Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
32450109 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
33896552 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
31817467 | shares | |
CY2014Q3 | mbi |
Unvested Restricted Stock And Units That Receive Nonforfeitable Dividends Or Dividend Equivalents That Have Met Service Condition
UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition
|
270142 | shares |
CY2013Q3 | mbi |
Unvested Restricted Stock And Units That Receive Nonforfeitable Dividends Or Dividend Equivalents That Have Met Service Condition
UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition
|
569673 | shares |
CY2014Q3 | us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
5000000 | USD |
CY2013Q3 | us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
3000000 | USD |
CY2014Q3 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
18000000 | USD |
CY2013Q3 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
29000000 | USD |
CY2014Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
150000000 | USD |
CY2013Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
101000000 | USD |
CY2014Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
168000000 | USD |
CY2013Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
129000000 | USD |
CY2014Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1029777 | shares |
CY2013Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1282576 | shares |
CY2014Q3 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
289756 | shares |
CY2013Q3 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
2366688 | shares |
CY2014Q3 | mbi |
Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
|
5000000 | USD |
CY2013Q3 | mbi |
Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
|
2000000 | USD |
mbi |
Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
|
14000000 | USD | |
mbi |
Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
|
2000000 | USD | |
us-gaap |
Revenue Other Financial Services
RevenueOtherFinancialServices
|
454000000 | USD | |
mbi |
Revenues Of Consolidated Vies
RevenuesOfConsolidatedVies
|
72000000 | USD | |
mbi |
Segment Revenue
SegmentRevenue
|
1055000000 | USD | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
172000000 | USD | |
mbi |
Expenses Of Consolidated Vies
ExpensesOfConsolidatedVies
|
36000000 | USD | |
mbi |
Segment Expense
SegmentExpense
|
448000000 | USD | |
mbi |
Segment Pretax Income Loss
SegmentPretaxIncomeLoss
|
607000000 | USD | |
us-gaap |
Insured Financial Obligations With Credit Deterioration Remaining Weighted Average Contract Period
InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod
|
P9Y0M0D | ||
CY2014Q3 | mbi |
Premiums Earned Net Financial Guarantee Insurance Contracts And Insured Derivatives
PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives
|
122000000 | USD |
mbi |
Additional Estimated Credit Impairment On Cmbs Derivatives
AdditionalEstimatedCreditImpairmentOnCmbsDerivatives
|
97000000 | USD | |
CY2013Q3 | mbi |
Premiums Earned Net Financial Guarantee Insurance Contracts And Insured Derivatives
PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives
|
112000000 | USD |
CY2014Q3 | mbi |
Fair Value Of Securities On Deposit With Various Regulatory Authorities
FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities
|
10000000 | USD |
CY2013Q4 | mbi |
Fair Value Of Securities On Deposit With Various Regulatory Authorities
FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities
|
10000000 | USD |
CY2014Q3 | us-gaap |
Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
|
638000000 | USD |
CY2013Q4 | us-gaap |
Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
|
693000000 | USD |
CY2014Q3 | mbi |
Cash And Money Market Securities Collateral For Investment Agreements
CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements
|
37000000 | USD |
CY2013Q4 | mbi |
Cash And Money Market Securities Collateral For Investment Agreements
CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements
|
22000000 | USD |
CY2014Q3 | mbi |
Investment Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
|
191 | security |
CY2013Q4 | mbi |
Investment Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
|
77 | security |
CY2013Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
178000000 | USD |
CY2014Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
|
0 | USD |
CY2013Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
|
4000000 | USD |
CY2014Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
|
0 | USD |
CY2013Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
|
4000000 | USD |
CY2014Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
14000000 | USD |
CY2014Q3 | us-gaap |
Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
|
131000000 | USD |
CY2013Q3 | us-gaap |
Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
|
196000000 | USD |
CY2014Q3 | us-gaap |
Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
|
4000000 | USD |
CY2013Q3 | us-gaap |
Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
|
4000000 | USD |
CY2014Q3 | us-gaap |
Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
|
0 | USD |
CY2013Q3 | us-gaap |
Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
|
15000000 | USD |
mbi |
Transfers Into Level Three
TransfersIntoLevelThree
|
238000000 | USD | |
mbi |
Transfers Out Of Level Three
TransfersOutOfLevelThree
|
83000000 | USD | |
mbi |
Transfers Into Level Two
TransfersIntoLevelTwo
|
83000000 | USD | |
mbi |
Transfers Out Of Level Two
TransfersOutOfLevelTwo
|
238000000 | USD | |
mbi |
Transfers Into Level Three
TransfersIntoLevelThree
|
199000000 | USD | |
mbi |
Transfers Out Of Level Three
TransfersOutOfLevelThree
|
132000000 | USD | |
mbi |
Transfers Into Level Two
TransfersIntoLevelTwo
|
132000000 | USD | |
mbi |
Transfers Out Of Level Two
TransfersOutOfLevelTwo
|
199000000 | USD | |
CY2014Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
193197265 | shares |
CY2014Q3 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
|
5300000000 | USD |
CY2014Q3 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
|
5600000000 | USD |
CY2013Q4 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
|
5600000000 | USD |
CY2013Q4 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
|
5300000000 | USD |
CY2014Q3 | mbi |
Derivatives Ceded Under Reinsurance Agreements
DerivativesCededUnderReinsuranceAgreements
|
27000000 | USD |
CY2014Q3 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
60000000 | USD |
CY2014Q3 | us-gaap |
Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
|
123000000 | USD |
CY2013Q4 | us-gaap |
Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
|
42000000 | USD |
CY2013Q4 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
160000000 | USD |
CY2014Q3 | mbi |
Fair Value Of Credit Support Annexes
FairValueOfCreditSupportAnnexes
|
4000000 | USD |
CY2013Q4 | mbi |
Fair Value Of Credit Support Annexes
FairValueOfCreditSupportAnnexes
|
4000000 | USD |
CY2014Q3 | mbi |
Derivative Asset Counterparty Netting Amount Fair Value
DerivativeAssetCounterpartyNettingAmountFairValue
|
65000000 | USD |
CY2014Q3 | mbi |
Derivative Fair Value Of Derivative Asset Net Of Counterparty Netting
DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting
|
12000000 | USD |
CY2014Q3 | mbi |
Other Assets And Derivative Assets Vie After Counterparty Netting And Embedded Reclass
OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass
|
4000000 | USD |
CY2014Q3 | mbi |
Derivative Liability Counterparty Netting
DerivativeLiabilityCounterpartyNetting
|
65000000 | USD |
CY2014Q3 | mbi |
Derivative Fair Value Of Derivative Liability Net Of Counterparty Netting
DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting
|
435000000 | USD |
CY2013Q4 | mbi |
Derivative Asset Counterparty Netting Amount Fair Value
DerivativeAssetCounterpartyNettingAmountFairValue
|
42000000 | USD |
CY2013Q4 | mbi |
Derivative Fair Value Of Derivative Asset Net Of Counterparty Netting
DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting
|
13000000 | USD |
CY2013Q4 | mbi |
Other Assets And Derivative Assets Vie After Counterparty Netting And Embedded Reclass
OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass
|
4000000 | USD |
CY2013Q4 | mbi |
Derivative Liability Counterparty Netting
DerivativeLiabilityCounterpartyNetting
|
42000000 | USD |
CY2013Q4 | mbi |
Derivative Fair Value Of Derivative Liability Net Of Counterparty Netting
DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting
|
1200000000 | USD |
CY2014Q3 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
3200000000 | USD |
CY2013Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
2800000000 | USD |
CY2013Q3 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
|
0.228 | pure |
us-gaap |
Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
|
0.096 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
|
0.033 | pure | |
CY2014Q3 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
|
-0.169 | pure |
us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
2000000 | USD | |
CY2014Q3 | mbi |
Transfers Into And Out Of Level One
TransfersIntoAndOutOfLevelOne
|
0 | USD |
CY2013Q3 | mbi |
Transfers Into And Out Of Level One
TransfersIntoAndOutOfLevelOne
|
0 | USD |
mbi |
Transfers Into And Out Of Level One
TransfersIntoAndOutOfLevelOne
|
0 | USD | |
mbi |
Transfers Into And Out Of Level One
TransfersIntoAndOutOfLevelOne
|
0 | USD | |
us-gaap |
Financial Guarantee Insurance Contracts Claim Liability Weighted Average Risk Free Discount Rate
FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate
|
0.0201 | pure | |
CY2014Q3 | us-gaap |
Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
|
10382000000 | USD |
CY2014Q3 | us-gaap |
Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
|
3124000000 | USD |
CY2014Q3 | mbi |
Guarantee Obligations Maximum Net Exposure
GuaranteeObligationsMaximumNetExposure
|
11700000000 | USD |
CY2013Q3 | us-gaap |
Assets
Assets
|
17633000000 | USD |
mbi |
Revenue From Transactions With Other Operating Segments Of Same Entity
RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity
|
0 | USD | |
mbi |
Expense From Transactions With Other Operating Segments Of Same Entity
ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity
|
0 | USD | |
CY2014Q2 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
0 | USD |
CY2013Q2 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
186000000 | USD |
CY2014Q3 | mbi |
Number Of Variable Interest Entities Consolidated
NumberOfVariableInterestEntitiesConsolidated
|
1 | pure |
CY2013Q3 | mbi |
Number Of Variable Interest Entities Consolidated
NumberOfVariableInterestEntitiesConsolidated
|
0 | pure |
us-gaap |
Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
|
30000000 | USD | |
us-gaap |
Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
|
0 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
379000000 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
408000000 | USD | |
mbi |
Payments To Acquire Fair Value Option And Trading Securities
PaymentsToAcquireFairValueOptionAndTradingSecurities
|
457000000 | USD | |
mbi |
Payments To Acquire Fair Value Option And Trading Securities
PaymentsToAcquireFairValueOptionAndTradingSecurities
|
335000000 | USD | |
mbi |
Proceeds From Sales Maturities And Paydowns Of Fair Value And Trading Securities
ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities
|
550000000 | USD | |
mbi |
Proceeds From Sales Maturities And Paydowns Of Fair Value And Trading Securities
ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities
|
462000000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
|
29000000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
|
20000000 | USD | |
us-gaap |
Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
|
195000000 | USD | |
us-gaap |
Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
|
50000000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
3000000 | USD | |
us-gaap |
Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
|
-303000000 | USD | |
us-gaap |
Increase Decrease In Loss And Loss Adjustment Expense Reserve
IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve
|
124000000 | USD | |
mbi |
Realized Gains Losses And Other Settlements On Insured Derivatives Total
RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal
|
-30000000 | USD | |
mbi |
Realized Gains Losses And Other Settlements On Insured Derivatives Total
RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal
|
0 | USD | |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
863000000 | USD | |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
1562000000 | USD | |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1258000000 | USD |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
990000000 | USD |
CY2013Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1103000000 | USD |
CY2014Q3 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
14000000 | USD |
CY2014Q3 | us-gaap |
Other Income
OtherIncome
|
30000000 | USD |
us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
14000000 | USD | |
mbi |
Payments For Deconsolidation Of Variable Interest Entity
PaymentsForDeconsolidationOfVariableInterestEntity
|
1000000 | USD | |
mbi |
Payments For Deconsolidation Of Variable Interest Entity
PaymentsForDeconsolidationOfVariableInterestEntity
|
26000000 | USD | |
CY2014Q3 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
1000000000 | USD |
CY2014Q3 | us-gaap |
Variable Interest Entity Initial Consolidation Gain Or Loss
VariableInterestEntityInitialConsolidationGainOrLoss
|
-3000000 | USD |
us-gaap |
Variable Interest Entity Initial Consolidation Gain Or Loss
VariableInterestEntityInitialConsolidationGainOrLoss
|
-3000000 | USD | |
CY2013Q3 | us-gaap |
Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
|
1000000 | USD |
us-gaap |
Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
|
1000000 | USD | |
CY2014Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
|
14000000 | USD |
CY2013Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
|
0 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
|
22000000 | USD |
CY2013Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
65000000 | USD |
us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
61000000 | USD |