2013 Q4 Form 10-K Financial Statement

#000119312515073382 Filed on March 02, 2015

View on sec.gov

Income Statement

Concept 2013 Q4 2012 Q4 2012
Revenue $447.0M $732.0M $2.435B
YoY Change -38.93% -162.72% -256.39%
Cost Of Revenue $50.00M
YoY Change -162.5%
Gross Profit $2.385B
YoY Change -261.48%
Gross Profit Margin 97.95%
Selling, General & Admin $431.0M
YoY Change 16.17%
% of Gross Profit 18.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $96.00M -$190.0M $431.0M
YoY Change -150.53% 2.7% 16.17%
Operating Profit $1.954B
YoY Change -205.74%
Interest Expense -$68.00M -$83.00M $284.0M
YoY Change -18.07% -9.78% -5.33%
% of Operating Profit 14.53%
Other Income/Expense, Net
YoY Change
Pretax Income $294.0M $839.0M $1.598B
YoY Change -64.96% -178.12% -171.37%
Income Tax $162.0M $203.0M $364.0M
% Of Pretax Income 55.1% 24.2% 22.78%
Net Earnings $132.0M $636.0M $1.234B
YoY Change -79.25% -201.6% -193.56%
Net Earnings / Revenue 29.53% 86.89% 50.68%
Basic Earnings Per Share $6.36
Diluted Earnings Per Share $785.7K $3.632M $6.33
COMMON SHARES
Basic Shares Outstanding 192.2M shares 193.7M shares 188.8M shares
Diluted Shares Outstanding 189.9M shares

Balance Sheet

Concept 2013 Q4 2012 Q4 2012
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.258B $990.0M $814.0M
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 $8.000M $69.00M $69.00M
YoY Change -88.41% 0.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $12.33B $14.02B $14.02B
YoY Change -12.04% -26.13% -26.12%
Other Assets $1.138B $1.199B $1.199B
YoY Change -5.09% -31.29% -31.29%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $16.95B $21.72B $21.72B
YoY Change -21.96% -19.16% -19.16%
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
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $1.702B $1.732B $11.40B
YoY Change -1.73% -87.74% -19.34%
Other Long-Term Liabilities $1.457B $3.341B $3.341B
YoY Change -56.39% -47.62% -46.61%
Total Long-Term Liabilities $1.702B $1.732B $14.74B
YoY Change -1.73% -91.55% -27.71%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities $1.702B $1.732B $14.74B
Total Liabilities $13.65B $18.53B $18.53B
YoY Change -26.31% -26.32% -26.32%
SHAREHOLDERS EQUITY
Retained Earnings $2.289B $2.039B
YoY Change 12.26% 153.29%
Common Stock $278.0M $277.0M
YoY Change 0.36% 0.73%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.318B $2.275B
YoY Change 1.89% -0.04%
Treasury Stock Shares 85.56M shares 81.73M shares
Shareholders Equity $3.278B $3.173B $3.194B
YoY Change
Total Liabilities & Shareholders Equity $16.95B $21.72B $21.72B
YoY Change -21.96% -19.16% -19.16%

Cashflow Statement

Concept 2013 Q4 2012 Q4 2012
OPERATING ACTIVITIES
Net Income $132.0M $636.0M $1.234B
YoY Change -79.25% -201.6% -193.56%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $796.0M -$72.00M -$1.027B
YoY Change -1205.56% -94.95% -60.91%
INVESTING ACTIVITIES
Capital Expenditures -$1.000M -$2.000M $7.000M
YoY Change -50.0% 0.0% 40.0%
Acquisitions
YoY Change
Other Investing Activities -$302.0M $1.091B $4.202B
YoY Change -127.68% -10.43% 4.74%
Cash From Investing Activities -$303.0M $1.089B $4.195B
YoY Change -127.82% -10.44% 4.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $540.0M
YoY Change 730.77%
Cash From Financing Activities -342.0M -468.0M -2.811B
YoY Change -26.92% 18.48% 49.76%
NET CHANGE
Cash From Operating Activities 796.0M -72.00M -1.027B
Cash From Investing Activities -303.0M 1.089B 4.195B
Cash From Financing Activities -342.0M -468.0M -2.811B
Net Change In Cash 151.0M 549.0M 357.0M
YoY Change -72.5% -190.59% -171.83%
FREE CASH FLOW
Cash From Operating Activities $796.0M -$72.00M -$1.027B
Capital Expenditures -$1.000M -$2.000M $7.000M
Free Cash Flow $797.0M -$70.00M -$1.034B
YoY Change -1238.57% -95.09% -60.71%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
3278000000 USD
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2014Q4 mbi Accumulated Other Comprehensive Income Loss Deferred Income Tax
AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax
7000000 USD
CY2014 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
35000000 USD
CY2014 mbi Vie Interest Net
VieInterestNet
77000000 USD
CY2014 dei Document Type
DocumentType
10-K
CY2014 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013Q4 us-gaap Assets
Assets
16953000000 USD
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2013Q4 mbi Preferred Stock Of Subsidiary And Noncontrolling Interest Value
PreferredStockOfSubsidiaryAndNoncontrollingInterestValue
21000000 USD
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
89409887 shares
CY2013 us-gaap Increase Decrease In Loss And Loss Adjustment Expense Reserve
IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve
216000000 USD
CY2013 mbi Vie Interest Net
VieInterestNet
90000000 USD
CY2014 mbi Increase Decrease In Other Net Realized Gains Losses
IncreaseDecreaseInOtherNetRealizedGainsLosses
-25000000 USD
CY2013Q4 mbi Number Of Policies
NumberOfPolicies
299
CY2014Q4 mbi Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
209000000 USD
CY2013Q4 mbi Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
181000000 USD
CY2014Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
1220000000 USD
CY2014Q4 mbi Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
0 USD
CY2014 mbi Additions For Credit Loss Impairments Recognized In Prior Periods For Securities That Were Reimpaired With Non Credit Component In Current Period
AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod
0 USD
CY2014 us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
757000000 USD
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.29
CY2014 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-13000000 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-13000000 USD
CY2014 mbi Segment Revenue
SegmentRevenue
1270000000 USD
CY2014 mbi Expenses Of Consolidated Vies
ExpensesOfConsolidatedVies
47000000 USD
CY2014 dei Amendment Flag
AmendmentFlag
false
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
16953000000 USD
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
277812430 shares
CY2013Q4 mbi Accumulated Other Comprehensive Income Loss Deferred Income Tax
AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax
54000000 USD
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
5000000 USD
CY2013 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-103000000 USD
CY2014Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
6509000000 USD
CY2014Q4 mbi Number Of Policies
NumberOfPolicies
315
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2013 mbi Premiums Earned Net Financial Guarantee Insurance Contracts And Insured Derivatives
PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives
494000000 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
245000000 USD
CY2013 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
793000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-6000000 USD
CY2013 mbi Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax
2000000 USD
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
108000000 USD
CY2013 mbi Increase Decrease In Insurance Loss Recoverable
IncreaseDecreaseInInsuranceLossRecoverable
-3637000000 USD
CY2013 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
106000000 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
CY2013 us-gaap Revenue Other Financial Services
RevenueOtherFinancialServices
644000000 USD
CY2014 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
31907852 shares
CY2014Q4 mbi Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
202000000 USD
CY2013Q4 mbi Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
181000000 USD
CY2013 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
CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1241902 shares
CY2014 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
1622877 shares
CY2013 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
1726000000 USD
CY2014 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
609000000 USD
CY2014Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Interest
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest
4620000000 USD
CY2014Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Net Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability
-24000000 USD
CY2014Q4 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
198000000 USD
CY2013Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
160000000 USD
CY2014Q4 mbi Derivative Fair Value Of Derivative Liability Net Of Counterparty Netting
DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting
456000000 USD
CY2013 mbi Transfers Into And Out Of Level One
TransfersIntoAndOutOfLevelOne
0 USD
CY2014 us-gaap Revenues
Revenues
1270000000 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-137000000 USD
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax
5000000 USD
CY2013 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
384000000 USD
CY2013 us-gaap Interest Expense
InterestExpense
236000000 USD
CY2014Q4 us-gaap Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
3463000000 USD
CY2014 mbi Expense From Transactions With Other Operating Segments Of Same Entity
ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity
0 USD
CY2014Q4 mbi Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
77000000 USD
CY2013Q4 mbi Held To Maturity Cumulative Other Than Temporary Impairment Of Securities
HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities
0 USD
CY2013 us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
1726000000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
10000000 USD
CY2014 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Tax Portion Attributable To Parent
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent
29000000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
569000000 USD
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
190312913 shares
CY2014 mbi Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax
-85000000 USD
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
26000000 USD
CY2014 us-gaap Increase Decrease Cash Collateral From Counterparties
IncreaseDecreaseCashCollateralFromCounterparties
144000000 USD
CY2014 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
278000000 USD
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2014Q4 mbi Preferred Stock Of Subsidiary And Noncontrolling Interest Value
PreferredStockOfSubsidiaryAndNoncontrollingInterestValue
21000000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13000000 USD
CY2013Q4 mbi Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
229000000 USD
CY2014Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
0 USD
CY2014Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
2071000000 USD
CY2014 mbi Increase Decrease In Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange
IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange
128000000 USD
CY2014Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding
15883000000 USD
CY2013Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal
14264000000 USD
CY2014 mbi Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Accretion Of Recoveries
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries
17000000 USD
CY2013 mbi Collections For Cases With Recoveries
CollectionsForCasesWithRecoveries
3011000000 USD
CY2013 mbi Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Accretion Of Recoveries
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries
25000000 USD
CY2014Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
2632000000 USD
CY2013Q4 mbi Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments
128000000 USD
CY2012Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
197000000 USD
CY2014 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
66000000 USD
CY2013 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-8000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
30000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1432000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
69000000 USD
CY2013 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2014 mbi Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax
-4000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
0 USD
CY2013 mbi Expenses Of Consolidated Vies
ExpensesOfConsolidatedVies
56000000 USD
CY2013 mbi Expense From Transactions With Other Operating Segments Of Same Entity
ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity
0 USD
CY2014 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
5 pure
CY2014 mbi Premiums Earned Net Financial Guarantee Insurance Contracts And Insured Derivatives
PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives
416000000 USD
CY2014 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
16000000 USD
CY2013Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
1200000000 USD
CY2013Q4 mbi Impact Of Non Performance Risk On Insured Derivative Liability
ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability
394000000 USD
CY2014 mbi Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses After Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax
-54000000 USD
CY2013 mbi Segment Revenue
SegmentRevenue
1209000000 USD
CY2014 us-gaap Other Income
OtherIncome
28000000 USD
CY2013 mbi Transfers Out Of Level Two
TransfersOutOfLevelTwo
403000000 USD
CY2014Q4 mbi Derivative Fair Value Of Derivative Asset Net Of Counterparty Netting
DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting
10000000 USD
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
239000000 USD
CY2014 mbi Additional Estimated Credit Impairment On Cmbs Derivatives
AdditionalEstimatedCreditImpairmentOnCmbsDerivatives
91000000 USD
CY2014Q4 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
532000000 USD
CY2014 mbi Transfers Out Of Level Three
TransfersOutOfLevelThree
140000000 USD
CY2014Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
5000000000 USD
CY2013Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
479000000 USD
CY2014 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
174000000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
2000000 USD
CY2014Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
423000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
4000000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
553000000 USD
CY2013Q4 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
735000000 USD
CY2014 mbi Transfers Into Level Two
TransfersIntoLevelTwo
140000000 USD
CY2013Q4 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
42000000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
416000000 USD
CY2013Q4 mbi Approximate Percentage Of Level3 Assets At Fair Value In Total Assets Measured At Fair Value
ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue
0.22 pure
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
5000000 USD
CY2013 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
1000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
107000000 USD
CY2013 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
232000000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
18000000 USD
CY2014 mbi Segment Expense
SegmentExpense
629000000 USD
CY2014 us-gaap Insured Financial Obligations With Credit Deterioration Remaining Weighted Average Contract Period
InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod
P7Y8M12D
CY2014 dei Document Period End Date
DocumentPeriodEndDate
2014-12-31
CY2014Q4 us-gaap Liabilities
Liabilities
12334000000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3299000000 USD
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014 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
CY2014 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
240000000 USD
CY2013 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
285000000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
782000000 USD
CY2014 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-114000000 USD
CY2014Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal
11263000000 USD
CY2014Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Gross Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability
850000000 USD
CY2014Q4 mbi Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
202000000 USD
CY2013Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
3457000000 USD
CY2014Q4 mbi Cash And Money Market Securities Collateral For Investment Agreements
CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements
26000000 USD
CY2013Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
5300000000 USD
CY2013Q4 mbi Other Assets And Derivative Assets Vie After Counterparty Netting And Embedded Reclass
OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass
4000000 USD
CY2013 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
16000000 USD
CY2014 us-gaap Income Tax Effects Allocated Directly To Equity
IncomeTaxEffectsAllocatedDirectlyToEquity
49000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2013 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
5000000 USD
CY2014Q4 mbi Held To Maturity Cumulative Other Than Temporary Impairment Of Securities
HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities
0 USD
CY2013Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
6824000000 USD
CY2013Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
2801000000 USD
CY2013 mbi Proceeds From Sales Maturities And Paydowns Of Fair Value And Trading Securities
ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities
595000000 USD
CY2014 mbi Number Of Other Lawsuits
NumberOfOtherLawsuits
0 Lawsuits
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
641000000 USD
CY2014Q4 mbi Approximate Percentage Of Level3 Assets At Fair Value In Total Assets Measured At Fair Value
ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue
0.2 pure
CY2013 mbi Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses After Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax
9000000 USD
CY2013 mbi Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange
NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange
69000000 USD
CY2013Q4 mbi Cash And Money Market Securities Collateral For Investment Agreements
CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements
22000000 USD
CY2013Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
5600000000 USD
CY2013Q4 mbi Derivative Fair Value Of Derivative Asset Net Of Counterparty Netting
DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting
13000000 USD
CY2014 us-gaap Financial Guarantee Insurance Contracts Claim Liability Weighted Average Risk Free Discount Rate
FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate
0.0172 pure
CY2013 mbi Transfers Out Of Level Three
TransfersOutOfLevelThree
198000000 USD
CY2013Q4 mbi Fair Value Of Credit Support Annexes
FairValueOfCreditSupportAnnexes
4000000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2858000000 USD
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
2359000000 USD
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013 us-gaap Proceeds From Insurance Premiums Collected
ProceedsFromInsurancePremiumsCollected
185000000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-892000000 USD
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-8000000 USD
CY2013 mbi Increase Decrease In Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange
IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange
244000000 USD
CY2013Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Interest
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest
8632000000 USD
CY2014 mbi Collections For Cases With Recoveries
CollectionsForCasesWithRecoveries
108000000 USD
CY2014Q4 mbi Percentage Of Securities Book Value Exceeded Market Value
PercentageOfSecuritiesBookValueExceededMarketValue
0.05 pure
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
8000000 USD
CY2013 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1000000 USD
CY2014 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
-515000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
37000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Other Comprehensive Loss
DeferredTaxAssetsOtherComprehensiveLoss
0 USD
CY2013 us-gaap Revenues
Revenues
1209000000 USD
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.94
CY2014 mbi Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax
-31000000 USD
CY2013 mbi Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax
3000000 USD
CY2013Q4 us-gaap Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
10786000000 USD
CY2014 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
459000000 USD
CY2014 us-gaap Revenue Other Financial Services
RevenueOtherFinancialServices
616000000 USD
CY2013 mbi Transfers Into Level Two
TransfersIntoLevelTwo
198000000 USD
CY2014Q4 mbi Derivative Asset Counterparty Netting Amount Fair Value
DerivativeAssetCounterpartyNettingAmountFairValue
81000000 USD
CY2014Q4 us-gaap Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
10613000000 USD
CY2014Q4 us-gaap Assets
Assets
16284000000 USD
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
281000000 USD
CY2014Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
3128000000 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
85562546 shares
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-1566000000 USD
CY2014 mbi Increase Decrease In Insurance Loss Recoverable
IncreaseDecreaseInInsuranceLossRecoverable
-162000000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2014Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Net Discount
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount
14000000 USD
CY2013Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Unearned Premium Revenue
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue
227000000 USD
CY2014 mbi Increase Decrease In Loss Adjustment Expense Recoveries
IncreaseDecreaseInLossAdjustmentExpenseRecoveries
1000000 USD
CY2014 mbi Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Other
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther
-7000000 USD
CY2014Q4 mbi Available For Sale Cumulative Other Than Temporary Impairment Of Securities
AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities
90000000 USD
CY2014Q4 mbi Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
202000000 USD
CY2013Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
6692000000 USD
CY2014Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
373000000 USD
CY2013 us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
197000000 USD
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
268000000 USD
CY2013 mbi Proceeds From Consolidation Of Variable Interest Entity
ProceedsFromConsolidationOfVariableInterestEntity
0 USD
CY2014Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
373000000 USD
CY2014 dei Entity Registrant Name
EntityRegistrantName
MBIA INC
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
16284000000 USD
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013 us-gaap Payments For Operating Activities
PaymentsForOperatingActivities
277000000 USD
CY2014 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
1494000000 USD
CY2014 dei Trading Symbol
TradingSymbol
MBI
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2289000000 USD
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2013 mbi Proceeds From Reinsurance And Recoveries
ProceedsFromReinsuranceAndRecoveries
2621000000 USD
CY2014 us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
168000000 USD
CY2014 us-gaap Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
-138000000 USD
CY2013 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
1579000000 USD
CY2014 mbi Proceeds From Consolidation Of Variable Interest Entity
ProceedsFromConsolidationOfVariableInterestEntity
221000000 USD
CY2014Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Number Of Contracts Issued And Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding
147
CY2014Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Gross Potential Recoveries
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries
860000000 USD
CY2014 mbi Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Discount Rate
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate
33000000 USD
CY2013 mbi Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Assumptions
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions
35000000 USD
CY2014Q4 mbi Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
147000000 USD
CY2014Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
851000000 USD
CY2014Q4 mbi Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments
2000000 USD
CY2013Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
2978000000 USD
CY2013Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
1244000000 USD
CY2013Q4 mbi Available For Sale Securities Continuous Unrealized Loss Position Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments
229000000 USD
CY2014 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
1000000 USD
CY2013 us-gaap Income Tax Effects Allocated Directly To Equity
IncomeTaxEffectsAllocatedDirectlyToEquity
-72000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
245000000 USD
CY2014 mbi Number Of Operating Lease Term Extensions
NumberOfOperatingLeaseTermExtensions
2 pure
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
72000000 USD
CY2014 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2014Q4 mbi Approximate Percentage Of Level3 Liabilities At Fair Value In Total Liabilities Measured At Fair Value
ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue
0.35 pure
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-9000000 USD
CY2013 mbi Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax
5000000 USD
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-142000000 USD
CY2013 us-gaap Other Income
OtherIncome
-29000000 USD
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
1000000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Deferred Expense Deferred Policy Acquisition Cost
DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost
72000000 USD
CY2014 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 Financial Statements (Topic 205) and Property, P</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >lant, and </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Equipment (Topic 360)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > &#8212;</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, &#8220;Presentation of Financial Statements (Topic</font><font style='font-family:Times New Roman;font-size:10pt;' > 205) and Property, Plant, and Equipment (Topic 360)-Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.&#8221; ASU 2014-08 changes the criteria for determining whether a disposal of a component or group of components of an</font><font style='font-family:Times New Roman;font-size:10pt;' > entity 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 e</font><font style='font-family:Times New Roman;font-size:10pt;' >ffect on an entity&#8217;s operations and financial results. ASU 2014-08 is effective for interim and annual periods beginning January 1, 2015, and with early adoption permitted but only for disposals or classifications as held for sale that have not been report</font><font style='font-family:Times New Roman;font-size:10pt;' >ed in previously issued financial statements. The adoption of ASU 2014-08 is not expected to materially impact the Company&#8217;s consolidated 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 </font><font style='font-family:Times New Roman;font-size:10pt;' >ASU 2014-09, &#8220;Revenue from Contracts with Customers (Topic 606).&#8221; ASU 2014-09 amends the accounting guidance for recognizing revenue for the transfer of goods or services from contracts with customers unless those contracts are within the scope of other ac</font><font style='font-family:Times New Roman;font-size:10pt;' >counting standards. ASU 2014-09 is effective for interim and annual periods beginning January 1, 2017, and is applied on a retrospective 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 </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >(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;' > &#8212; </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 issued ASU 2014-11, &#8220;Transfers and Servicing (Topic 860)-Repurchase-to-Maturity Transactions, Repurchase Financings, and Discl</font><font style='font-family:Times New Roman;font-size:10pt;' >osures.&#8221; The repurchase agreements and similar transactions guidance is amended by ASU 2014-11 to change the accounting for i.) repurchase-to-maturity transactions to secured borrowing accounting and ii.) linked repurchase financing transactions to secured</font><font style='font-family:Times New Roman;font-size:10pt;' > borrowing accounting. ASU 2014-11 amends disclosure requirements for transfers accounted for as sales, and for repurchase transactions accounted for as secured borrowings. ASU 2014-11 is effective for interim and annual periods beginning January 1, 2015, </font><font style='font-family:Times New Roman;font-size:10pt;' >and is applied on a prospective basis. The adoption of ASU 2014-11 is not expected to materially impact the Company&#8217;s consolidated 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;' >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;' > &#8212;</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 </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period (A Consensus of the FASB Emerging Issues 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, &#8220;Compensation-Stock Compensation (Topic 718)-Accou</font><font style='font-family:Times New Roman;font-size:10pt;' >nting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period.&#8221; ASU 2014-12 requires that a performance target that affects vesting of share-based payment awards and that co</font><font style='font-family:Times New Roman;font-size:10pt;' >uld be achieved after an employee&#8217;s requisite service period be accounted for as a performance condition. ASU 2014-12 is effective for interim and annual periods beginning January 1, 2016 with early adoption permitted, and is applied on a prospective basis</font><font style='font-family:Times New Roman;font-size:10pt;' > or retrospective basis. The adoption of ASU 2014-12 is not expected to materially impact the Company&#8217;s consolidated financial statements.</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;' >&#8212;</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 Collaterali</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >zed 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, &#8220;Consolidation (Topic 810)-Measuring the Financial Assets and the Financial Liabilities of a Consolidated Collateralized Financing Entity.&#8221;</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 consoli</font><font style='font-family:Times New Roman;font-size:10pt;' >dated collateralized financing entity defined as a consolidated VIE that holds financial assets and issues 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 an</font><font style='font-family:Times New Roman;font-size:10pt;' >d the financial liabilities of a consolidated collateralized financing entity using a measurement alternative 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 collater</font><font style='font-family:Times New Roman;font-size:10pt;' >alized financing entity to be measured using the more observable of the fair value of the financial assets and the fair value of the financial liabilities with the changes in fair value recognized to earnings. Upon adoption, a reporting entity may apply th</font><font style='font-family:Times New Roman;font-size:10pt;' >e 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 effective 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</font><font style='font-family:Times New Roman;font-size:10pt;' > impact the Company&#8217;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;' >&#8212;</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity&#8217;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 is</font><font style='font-family:Times New Roman;font-size:10pt;' >sued ASU 2014-15, &#8220;Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity&#8217;s Ability to Continue as a Going Concern.&#8221; ASU 2014-15 requires management to evaluate whether there are conditions or even</font><font style='font-family:Times New Roman;font-size:10pt;' >ts that raise substantial doubt about the entity&#8217;s ability to continue as a going concern, and to provide 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 </font><font style='font-family:Times New Roman;font-size:10pt;' >the financial statements are issued. ASU 2014-15 is effective for the annual period end</font><font style='font-family:Times New Roman;font-size:10pt;' >ing</font><font style='font-family:Times New Roman;font-size:10pt;' > December 31, 2016 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 impa</font><font style='font-family:Times New Roman;font-size:10pt;' >ct the Company&#8217;s consolidated financial statements.</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;' >Consolidation (Topic 810) </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >&#8212;Amendments to the Consolidation Analysis </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >(ASU 2015-02)</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 February of 2015, the FASB issued ASU 2015-02, &#8220;Consolidation (Topic 810)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >&#8212;</font><font style='font-family:Times New Roman;font-size:10pt;' >Amendments to the Consolidation Analysis</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221; </font><font style='font-family:Times New Roman;font-size:10pt;' >ASU 2015-02 amends the accounting guidance for consolidation of legal entities including VIEs. ASU 2015-02 eliminates the specialized consolidation model and guidance for limited partnerships, amends the conditions for evaluating whether a fee paid to a de</font><font style='font-family:Times New Roman;font-size:10pt;' >cision maker or a service provider represents a variable interest in a VIE, amends the related party guidance for the determination of the primary beneficiary of a VIE, and requires certain investment funds designed as VIEs, except money market funds, to a</font><font style='font-family:Times New Roman;font-size:10pt;' >pply the amended consolidation guidance. ASU 2015-02 is effective for interim and annual periods beginning January 1, 2016 with early adoption permitted, and is applied on a retrospective or modified retrospective basis. The Company is evaluating the impac</font><font style='font-family:Times New Roman;font-size:10pt;' >t of adopting ASU 2015-02.</font></p><p style='text-align:left;line-height:12pt;' ></p></div>
CY2014 mbi Undistributed Earnings Allocated To Participating Securities Diluted
UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted
15000000 USD
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
12000000 USD
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
2000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
18000000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
250000000 USD
CY2014Q4 mbi Percentage Of Insured Credit Derivatives Value Under Direct Price Model And Dual Default Model
PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel
0.07 pure
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
42000000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
166000000 USD
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
189071011 shares
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
8000000 USD
CY2013 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
2000000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
171000000 USD
CY2013 mbi Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax
15000000 USD
CY2014 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
CY2014 mbi Commuted Gross Insured Exposure
CommutedGrossInsuredExposure
7100000000 USD
CY2014 mbi Transfers Out Of Level Two
TransfersOutOfLevelTwo
240000000 USD
CY2013 mbi Transfers Into Level Three
TransfersIntoLevelThree
403000000 USD
CY2014Q4 mbi Fair Value Of Credit Support Annexes
FairValueOfCreditSupportAnnexes
2000000 USD
CY2013Q4 mbi Investment Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions For Continuous Twelve Month Period
InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod
77 security
CY2013Q4 mbi Derivative Liability Counterparty Netting
DerivativeLiabilityCounterpartyNetting
42000000 USD
CY2013 mbi Revenues Of Consolidated Vies
RevenuesOfConsolidatedVies
233000000 USD
CY2013 mbi Segment Pretax Income Loss
SegmentPretaxIncomeLoss
416000000 USD
CY2014 mbi Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange
NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange
78000000 USD
CY2014 mbi Segment Pretax Income Loss
SegmentPretaxIncomeLoss
641000000 USD
CY2014Q4 mbi Fair Value Of Securities On Deposit With Various Regulatory Authorities
FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities
10000000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
13654000000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
3929000000 USD
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
281352782 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3950000000 USD
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
10000000 USD
CY2014 us-gaap Proceeds From Insurance Premiums Collected
ProceedsFromInsurancePremiumsCollected
193000000 USD
CY2013 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
2397000000 USD
CY2013 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1112000000 USD
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
11000000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
50000000 USD
CY2014 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
2318000000 USD
CY2014 mbi Proceeds From Reinsurance And Recoveries
ProceedsFromReinsuranceAndRecoveries
131000000 USD
CY2014 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
192000000 USD
CY2013 us-gaap Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
-176000000 USD
CY2014 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
-902000000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
32000000 USD
CY2014Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Unearned Premium Revenue
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue
167000000 USD
CY2013Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Net Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability
-55000000 USD
CY2014Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
6571000000 USD
CY2013Q4 mbi Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments
101000000 USD
CY2013 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
6000000 USD
CY2014Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
2757000000 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
CY2014 us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
IncomeTaxExpenseBenefitIntraperiodTaxAllocation
121000000 USD
CY2013 us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
IncomeTaxExpenseBenefitIntraperiodTaxAllocation
94000000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Other Comprehensive Income
DeferredTaxLiabilitiesOtherComprehensiveIncome
4000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2014 us-gaap Lessee Leasing Arrangements Operating Leases Renewal Term
LesseeLeasingArrangementsOperatingLeasesRenewalTerm
P5Y
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
188171503 shares
CY2013Q4 mbi Approximate Percentage Of Level3 Liabilities At Fair Value In Total Liabilities Measured At Fair Value
ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue
0.61 pure
CY2014 mbi Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax
-6000000 USD
CY2013 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
60000000 USD
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014 mbi Payments For Net Realized Losses On Insured Derivatives Paid
PaymentsForNetRealizedLossesOnInsuredDerivativesPaid
432000000 USD
CY2013 mbi Undistributed Earnings Allocated To Participating Securities Diluted
UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted
5000000 USD
CY2013 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
29000000 USD
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
48000000 USD
CY2014Q4 mbi Investment Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions For Continuous Twelve Month Period
InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod
143 security
CY2013Q4 mbi Derivative Fair Value Of Derivative Liability Net Of Counterparty Netting
DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting
1200000000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
22000000 USD
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.3
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
190898627 shares
CY2014 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
2000000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
83000000 USD
CY2013 mbi Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax
6000000 USD
CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-27000000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
676000000 USD
CY2014 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
3000000 USD
CY2014 us-gaap Interest Expense
InterestExpense
210000000 USD
CY2014 mbi Revenues Of Consolidated Vies
RevenuesOfConsolidatedVies
101000000 USD
CY2013Q4 mbi Fair Value Of Securities On Deposit With Various Regulatory Authorities
FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities
10000000 USD
CY2014 mbi Transfers Into Level Three
TransfersIntoLevelThree
240000000 USD
CY2014Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
12000000 USD
CY2014 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013 us-gaap Interest Paid Net
InterestPaidNet
224000000 USD
CY2014 us-gaap Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
313000000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
812000000 USD
CY2013 us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
-506000000 USD
CY2014 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
106000000 USD
CY2013 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
358000000 USD
CY2013 mbi Increase Decrease In Other Net Realized Gains Losses
IncreaseDecreaseInOtherNetRealizedGainsLosses
28000000 USD
CY2014 us-gaap Nature Of Operations
NatureOfOperations
<div><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-weight:bold;margin-left:0pt;' >Note 1: Business Developments and Risks and Uncertainties</font></p><p style='text-align:left;margin-top:13pt;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, &#8220;MBIA&#8221; or the &#8220;Company&#8221;) operates one of the largest financial guarantee insurance businesses in the industry and was a provider of asset management and advisory </font><font style='font-family:Times New Roman;font-size:10pt;' >services. </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA manages five operating segments: 1) United States (&#8220;U.S.&#8221;) public finance insurance; 2) international and structured finance insurance; 3) corporate; 4) advisory services; and 5) conduit.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company&#8217;s U.S. public finance insurance business </font><font style='font-family:Times New Roman;font-size:10pt;' >is primarily operated through National Public Finance Guarantee Corporation and its subsidi</font><font style='font-family:Times New Roman;font-size:10pt;' >aries (&#8220;National&#8221;), its international and structured finance insurance business is primarily operated through MBIA Insurance Corporation and its subsidiaries (&#8220;MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp.&#8221;), and its asset management and advisory services business was operated through Cutwater Holdings, LLC and its subsidiaries (&#8220;Cutwater&#8221;). Unless otherwise indicated or the context otherwise requires, references to &#8220;MBIA Corp.&#8221; are to MBIA Insurance C</font><font style='font-family:Times New Roman;font-size:10pt;' >orporation, together with its subsidiaries, MBIA UK Insurance Limited (&#8220;MBIA UK&#8221;) 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 and c</font><font style='font-family:Times New Roman;font-size:10pt;' >onduit segments. </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 second quarter of 2014, the Company dissolved its conduit segment. During the fourth quarter of 2014, the Company changed the name of its structured finance and international insurance operating segment to international and str</font><font style='font-family:Times New Roman;font-size:10pt;' >uctured finance insurance. Also during </font><font style='font-family:Times New Roman;font-size:10pt;' >the fourth quarter of 2014, the Company entered into an agreement to sell Cutwater to a subsidiary of The Bank of New York Mellon Corporation. This transaction, which was effective January 1, 2015, had a positive but </font><font style='font-family:Times New Roman;font-size:10pt;' >immaterial impact on the Company&#8217;s financial position and results of operations. </font><font style='font-family:Times New Roman;font-size:10pt;' >Effective in the fourth quarter of 2014, the Company&#8217;s previously reported asset/liability products segment and its corporate segment are managed and reported as one operating</font><font style='font-family:Times New Roman;font-size:10pt;' > segment referred to as the corporate segment. </font><font style='font-family:Times New Roman;font-size:10pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 12: Business Segments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for further information about the Company&#8217;s operating 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 Opportunities</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&#8217;s ability to write new business and compete</font><font style='font-family:Times New Roman;font-size:10pt;' > 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;' >December 31,</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 outlook by Kroll Bond Rating Agency, AA</font><font style='font-family:Times New Roman;font-size:10pt;' >- with a stable o</font><font style='font-family:Times New Roman;font-size:10pt;' >utlook</font><font style='font-family:Times New Roman;font-size:10pt;' > by </font><font style='font-family:Times New Roman;font-size:10pt;' >Standard&#160;&amp; Poor&#8217;s Financial Services LLC (&#8220;S&amp;P&#8221;)</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&#8217;s Investors Service, Inc. (&#8220;Moody&#8217;s&#8221;)</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 appropriate risk adjusted pricing; however, current market cond</font><font style='font-family:Times New Roman;font-size:10pt;' >itions and the competitive landscape may limit National&#8217;s new business opportunities and its abilities to price and underwrite risk with attractive returns.&#160;Refer to &#8220;Risks and Uncertainties&#8221; below for a discussion of business risks related to National&#8217;s i</font><font style='font-family:Times New Roman;font-size:10pt;' >nsured portfolio.</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 </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 MBIA Corp.&#8217;s high risk insurance exposures, primarily through commutations of insur</font><font style='font-family:Times New Roman;font-size:10pt;' >ance policies. During </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;' >7.1</font><font style='font-family:Times New Roman;font-size:10pt;' > billion of gross par exposure, primarily comprising structured commercial mortgage-backed securities (&#8220;CMBS&#8221;) pools, investment grade corporate collateralized debt obligations (&#8220;CDOs</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;), small business securitizations, commercial real estate (&#8220;CRE&#8221;) CDOs and asset-backed securities (&#8220;ABS&#8221;) CDOs. </font><font style='font-family:Times New Roman;font-size:10pt;' >During 2013, MBIA Corp. commuted $</font><font style='font-family:Times New Roman;font-size:10pt;' >20.0 </font><font style='font-family:Times New Roman;font-size:10pt;' >billion of gross par exposure, including $</font><font style='font-family:Times New Roman;font-size:10pt;' >7.4</font><font style='font-family:Times New Roman;font-size:10pt;' > billion and $</font><font style='font-family:Times New Roman;font-size:10pt;' >4.2</font><font style='font-family:Times New Roman;font-size:10pt;' > billion commuted with Bank of America an</font><font style='font-family:Times New Roman;font-size:10pt;' >d Societe Generale, respectively, primarily comprising structured CMBS pools, investment grade CDOs, ABS CDOs, first-lien residential mortgage-backed securities (&#8220;RMBS&#8221;), high yield corporate CDOs, CRE CDOs and structured insurance securities. During 2012,</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;' >13.4</font><font style='font-family:Times New Roman;font-size:10pt;' > billion of gross par exposure, primarily comprising structured CMBS pools, CRE CDOs, investment grade CDOs, ABS CDOs, and subprime RMBS transactions. </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp. may make negotiated settlement payments to counterparties and/or for</font><font style='font-family:Times New Roman;font-size:10pt;' >ego its right to all or some termination premiums when it commutes insurance exposures. The difference between the fair values of the Company&#8217;s derivative liabilities for the commuted policies and the aggregate cost of the commutation is reflected in earni</font><font style='font-family:Times New Roman;font-size:10pt;' >ngs. </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;' >Held For Sale Classifications</font></p><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;text-decoration:underline;margin-left:0pt;' >Armonk, New York Facility</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In the fourth quarter of 2013, the Company approved and initiated a plan to sell its Armonk, New York facility and, since then, has actively marketed the facility for sale. As a result, the facility was classified as held for sale as of December 31, 2014 a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd 2013 and presented within &#8220;Assets held for sale&#8221; on the Company&#8217;s consolidated balance sheets and measured at the lower of its carrying value or fair value less cost to sell. The Company no longer recognizes depreciation expense on the facility while cl</font><font style='font-family:Times New Roman;font-size:10pt;' >assified as held for sale. During 2014 and 2013, the Company recorded impairment charges of $</font><font style='font-family:Times New Roman;font-size:10pt;' >3</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >29</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively, on the Armonk, New York facility to adjust the carrying amount to its estimated fair market value less costs to sell. The </font><font style='font-family:Times New Roman;font-size:10pt;' >fair market value was estimated based on an independent third-party appraisal. The impairment charges were reflected in the results of the Company&#8217;s U.S. public finance insurance segment and included in &#8220;Other net realized gains (losses)&#8221; on the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >consolidated statements of operations. Also, during 2014, the Company moved its headquarters from its Armonk, New York facility to a leased facility in Purchase, New York. </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;text-decoration:underline;margin-left:0pt;' >Sale of </font><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;' >Cutwater Business</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As a</font><font style='font-family:Times New Roman;font-size:10pt;' > result of the agreement to sell Cutwater, the assets and liabilities of Cutwater were classified as held for sale as of December 31, 2014 and presented within &#8220;Assets held for sale&#8221; and &#8220;Liabilities held for sale&#8221; on the Company&#8217;s consolidated balance she</font><font style='font-family:Times New Roman;font-size:10pt;' >et and measured at the lower of its carrying value or fair value less cost to sell. </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;text-decoration:underline;margin-left:0pt;' >Assets and Liabilities Held for Sale by Major Category</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;' >The following table summarizes the components of assets and liabilities held for sale as of December 31, 2014 and 2</font><font style='font-family:Times New Roman;font-size:10pt;' >013:</font></p><p style='text-align:left;line-height:12pt;' ></p></div><div><table style='border-collapse:collapse;margin-top:20pt;' ><tr style='height:9.75pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='5' rowspan='1' style='width:155.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:155.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31,</font></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:9.75pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td colspan='3' rowspan='1' style='width:294.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:68.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:68.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2014</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:15pt;' ></td><td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2013</font></td><td style='width:37.5pt;text-align:center;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td colspan='3' rowspan='1' style='width:294.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:60.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments carried at fair value</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash and cash equivalents</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Facility</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:left;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated variable interest entities:</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >40</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loans receivable at fair value</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >711</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' > Total assets held for sale</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >802</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:5.25pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:60.75pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:right;border-color:Black;min-width:64.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td colspan='3' rowspan='1' style='width:294.75pt;text-align:left;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Liabilities</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other liabilities </font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td colspan='2' rowspan='1' style='width:278.25pt;text-align:left;border-color:Black;min-width:278.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated variable interest entities:</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:left;border-color:Black;min-width:60.75pt;' ></td><td style='width:15pt;text-align:left;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:left;border-color:Black;min-width:64.5pt;' ></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >431</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Payable for loans purchased</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:60.75pt;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >323</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;text-align:center;border-color:Black;min-width:7.5pt;' ></td><td style='width:64.5pt;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr><tr style='height:12pt;' ><td style='width:37.5pt;text-align:left;border-color:Black;min-width:37.5pt;' ></td><td style='width:16.5pt;text-align:left;border-color:Black;min-width:16.5pt;' ></td><td style='width:15.75pt;text-align:left;border-color:Black;min-width:15.75pt;' ></td><td style='width:262.5pt;text-align:left;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' > Total liabilities held for sale</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >772</font></td><td style='width:15pt;text-align:right;border-color:Black;min-width:15pt;' ></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:37.5pt;text-align:right;border-color:Black;min-width:37.5pt;' ></td></tr></table></div><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;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:4.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s financial statements inc</font><font style='font-family:Times New Roman;font-size:10pt;' >lude 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</font><font style='font-family:Times New Roman;font-size:10pt;' > to revise its estimates and assumptions or could cause actual results to differ from the Company&#8217;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</font><font style='font-family:Times New Roman;font-size:10pt;' > adverse outcomes were to be realized, its financial position, results of operations and cash flows, and its insurance companies&#8217; statutory capital, could be materially and adversely affected. The discussion below highlights the significant risks and uncer</font><font style='font-family:Times New Roman;font-size:10pt;' >tainties that could have a material effect on the Company&#8217;s financial statements and business objectives in future periods. </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;' >U.S. Public Finance Market Conditions</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&#8217;s insured portfolio continued to perform satisfactorily against a backdrop of stren</font><font style='font-family:Times New Roman;font-size:10pt;' >gthening domestic economic activity. While this trend will generally benefit tax revenues and fees charged for essential municipal services which secure National&#8217;s insured bond portfolio, some state and local governments and territory obligors National ins</font><font style='font-family:Times New Roman;font-size:10pt;' >ures remain under financial and budgetary stress. In addition, a few of these local governments have filed for protection under Chapter 9 of the United States Bankruptcy Code or have entered into state statutory proceedings established to assist municipali</font><font style='font-family:Times New Roman;font-size:10pt;' >ties in managing through periods of severe fiscal stress. This could lead to an increase in defaults by such entities on the payment of their obligations and losses or impairments on a greater number of the Company&#8217;s insured transactions. The Company monit</font><font style='font-family:Times New Roman;font-size:10pt;' >ors and analyzes these situations and other stressed credits closely, and the overall extent and duration of this stress is 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 sec</font><font style='font-family:Times New Roman;font-size:10pt;' >ond-lien RMBS and the put-back recoverable from Credit Suisse Securities (USA) LLC, DLJ Mortgage Capital, Inc., and Select Portfolio Servicing Inc. (collectively, &#8220;Credit Suisse&#8221;) and the potential of claims from MBIA Corp.&#8217;s remaining insured exposures ar</font><font style='font-family:Times New Roman;font-size:10pt;' >e uncertain. Further, the remaining insured portfolio, aside from these exposures, could deteriorate and result in additional significant loss reserves and claim payments. Management&#8217;s expected liquidity and capital forecasts for MBIA Corp., which include </font><font style='font-family:Times New Roman;font-size:10pt;' >expected put-back recoveries from Credit Suisse</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and excess spread recoveries, 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 r</font><font style='font-family:Times New Roman;font-size:10pt;' >epresent substantial risk to the Company, MBIA Corp. may ultimately have insufficient resources to continue to pay claims, which could cause the New York State Department of Financial Services (&#8220;NYSDFS&#8221;) to put MBIA Insurance Corporation, exclusive of MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > UK, into a rehabilitation or liquidation proceeding. The Company does </font><font style='font-family:Times New Roman;font-size:10pt;' >not believe that a rehabilitation or liquidation proceeding of MBIA Insurance Corporation by NYSDFS would have any significant long-term liquidity impact on MBIA Inc. or result in a liq</font><font style='font-family:Times New Roman;font-size:10pt;' >uidation or similar proceeding of MBIA UK.</font><font style='font-family:Times New Roman;font-size:10pt;' > Such a proceeding could have material adverse consequences for MBIA Corp., including the termination of insured credit default swaps (&#8220;CDS&#8221;) contracts for which counterparties may assert market-based claims, the a</font><font style='font-family:Times New Roman;font-size:10pt;' >cceleration of debt obligations issued by affiliates and insured by MBIA Corp., the loss of control of MBIA Insurance Corporation 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 &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 6: Loss and Loss Adjustment Expense Reserves</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for information about MBIA Corp.&#8217;s loss reserves</font><font style='font-family:Times New Roman;font-size:10pt;' > and recoveries. </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;' >Corporate 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;' >December 31,</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;' > and 2013, the liquidity position, which comprise cash and liquid assets available for general liquidity purposes, of the Company&#8217;s corporate segment was </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >498</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' > and $</font><font style='font-family:Times New Roman;font-size:10pt;' >359</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively. During </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >$</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 to MBIA Inc. under the MBIA group&#8217;s tax sharing agreement (the &#8220;Tax Escrow Account&#8221;) and National declared and paid a dividend of $220 million to its ultimate parent</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA Inc. Subsequent to December 31, 2014, an additional $</font><font style='font-family:Times New Roman;font-size:10pt;' >228</font><font style='font-family:Times New Roman;font-size:10pt;' > million was released to MBIA Inc. from the Tax Escrow Account. While MBIA Inc.&#8217;s liquidity position improved during </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 and dividends received, MBIA I</font><font style='font-family:Times New Roman;font-size:10pt;' >nc. continues to have liquidity risk. If invested asset performance deteriorates or the flow of dividends from subsidiaries is interrupted and/or access to the capital markets is impaired, its liquidity position could be eroded over time. While the Company</font><font style='font-family:Times New Roman;font-size:10pt;' > expects that MBIA Inc. will generate sufficient cash to satisfy its debt obligations and its general corporate needs over time from distributions from its operating subsidiaries and payments under the Tax Escrow Account once the payments become unrestrict</font><font style='font-family:Times New Roman;font-size:10pt;' >ed, 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 insured by MBIA Corp. could result in claims on MBIA Corp.</font></p></div>
CY2013Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Gross Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability
1235000000 USD
CY2013 mbi Increase Decrease In Loss Adjustment Expense Recoveries
IncreaseDecreaseInLossAdjustmentExpenseRecoveries
-41000000 USD
CY2014Q4 mbi Available For Sale Securities Continuous Unrealized Loss Position Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments
147000000 USD
CY2013Q4 mbi Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
0 USD
CY2013 mbi Additions For Credit Loss Impairments Recognized In Prior Periods For Securities That Were Reimpaired With Non Credit Component In Current Period
AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod
0 USD
CY2013 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Tax Portion Attributable To Parent
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent
-4000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1104247 shares
CY2014Q4 mbi Lease Incentives
LeaseIncentives
6000000 USD
CY2014Q4 mbi Impact Of Non Performance Risk On Insured Derivative Liability
ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability
92000000 USD
CY2014 mbi Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax
-2000000 USD
CY2014Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
4800000000 USD
CY2013Q4 mbi Derivative Asset Counterparty Netting Amount Fair Value
DerivativeAssetCounterpartyNettingAmountFairValue
42000000 USD
CY2014 mbi Transfers Into And Out Of Level One
TransfersIntoAndOutOfLevelOne
0 USD
CY2014Q4 mbi Guarantee Obligations Maximum Net Exposure
GuaranteeObligationsMaximumNetExposure
9700000000 USD
CY2013 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
28000000 USD
CY2014 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
44000000 USD
CY2014 mbi Realized Gains Losses And Other Settlements On Insured Derivatives Total
RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal
-30000000 USD
CY2014 mbi Proceeds From Sales Maturities And Paydowns Of Fair Value And Trading Securities
ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities
789000000 USD
CY2014 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
15000000 USD
CY2014 us-gaap Variable Interest Entity Initial Consolidation Gain Or Loss
VariableInterestEntityInitialConsolidationGainOrLoss
-3000000 USD
CY2014 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
65000000 USD
CY2014 mbi Payments For Deconsolidation Of Variable Interest Entity
PaymentsForDeconsolidationOfVariableInterestEntity
-18000000 USD
CY2014 us-gaap Increase Decrease In Loss And Loss Adjustment Expense Reserve
IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve
133000000 USD
CY2014 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
903000000 USD
CY2014 mbi Payments To Acquire Fair Value Option And Trading Securities
PaymentsToAcquireFairValueOptionAndTradingSecurities
631000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-15000000 USD
CY2013Q4 us-gaap Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
3781000000 USD
CY2014Q4 mbi Derivatives Ceded Under Reinsurance Agreements
DerivativesCededUnderReinsuranceAgreements
13000000 USD
CY2014Q4 mbi Other Assets And Derivative Assets Vie After Counterparty Netting And Embedded Reclass
OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass
2000000 USD
CY2013 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
1777000000 USD
CY2013 mbi Payments For Deconsolidation Of Variable Interest Entity
PaymentsForDeconsolidationOfVariableInterestEntity
26000000 USD
CY2014 us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
-412000000 USD
CY2013 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3000000 USD
CY2013 mbi Payments To Acquire Fair Value Option And Trading Securities
PaymentsToAcquireFairValueOptionAndTradingSecurities
371000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
61000000 USD
CY2014 mbi Revenue From Transactions With Other Operating Segments Of Same Entity
RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity
0 USD
CY2014Q4 mbi Number Of Variable Interest Entities Consolidated
NumberOfVariableInterestEntitiesConsolidated
3 pure
CY2013 mbi Realized Gains Losses And Other Settlements On Insured Derivatives Total
RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal
0 USD
CY2014 dei Entity Central Index Key
EntityCentralIndexKey
0000814585
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-86000000 USD
CY2014 us-gaap Payments For Operating Activities
PaymentsForOperatingActivities
238000000 USD
CY2013 us-gaap Increase Decrease Cash Collateral From Counterparties
IncreaseDecreaseCashCollateralFromCounterparties
122000000 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-421000000 USD
CY2014 us-gaap Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
-43000000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3000000 USD
CY2013Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Gross Potential Recoveries
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries
1085000000 USD
CY2013 mbi Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Discount Rate
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate
-71000000 USD
CY2013Q4 mbi Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
97000000 USD
CY2013Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
1244000000 USD
CY2013Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
0 USD
CY2014 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
15000000 USD
CY2014 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
15000000 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
4000000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
526000000 USD
CY2014 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
629000000 USD
CY2014Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
244000000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
13000000 USD
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
0 USD
CY2013 mbi Revenue From Transactions With Other Operating Segments Of Same Entity
RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity
0 USD
CY2013 mbi Segment Expense
SegmentExpense
793000000 USD
CY2014Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
16000000 USD
CY2014Q4 mbi Derivative Liability Counterparty Netting
DerivativeLiabilityCounterpartyNetting
81000000 USD
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
3115000000 USD
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
21000000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-6000000 USD
CY2013 us-gaap Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
-43000000 USD
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
157000000 USD
CY2013Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Net Discount
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount
205000000 USD
CY2014 mbi Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Assumptions
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions
-156000000 USD
CY2013 mbi Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Other
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther
-17000000 USD
CY2013 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
452000000 USD
CY2013Q4 mbi Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
31000000 USD
CY2014Q4 mbi Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments
145000000 USD
CY2013Q4 mbi Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
181000000 USD
CY2013 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
57000000 USD
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
165000000 USD
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.76
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-76000000 USD
CY2014 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
484000000 USD
CY2014 us-gaap Financial Guarantee Insurance Contracts Premium Received Over Contract Period Premium Receivable Weighted Average Risk Free Discount Rate
FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate
0.028 pure
CY2013 us-gaap Financial Guarantee Insurance Contracts Premium Received Over Contract Period Premium Receivable Weighted Average Risk Free Discount Rate
FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate
0.029 pure
CY2012Q4 us-gaap Premiums Receivable At Carrying Value
PremiumsReceivableAtCarryingValue
1228000000 USD
CY2014Q4 us-gaap Reinsurance Payable
ReinsurancePayable
56000000 USD
CY2013Q4 us-gaap Reinsurance Payable
ReinsurancePayable
51000000 USD
CY2013Q4 us-gaap Premiums Receivable At Carrying Value
PremiumsReceivableAtCarryingValue
1051000000 USD
CY2014Q4 us-gaap Premiums Receivable At Carrying Value
PremiumsReceivableAtCarryingValue
875000000 USD
CY2014 us-gaap Financial Guarantee Insurance Contracts Premium Receivable Premium Payments Received
FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumPaymentsReceived
-120000000 USD
CY2014 us-gaap Financial Guarantee Insurance Contracts Premium Receivable New Business Written
FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten
6000000 USD
CY2014 us-gaap Financial Guarantee Insurance Contracts Premiums Receivable Adjustment Change In Period Of Contract
FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract
-50000000 USD
CY2014 us-gaap Financial Guarantee Insurance Contracts Premiums Receivable Adjustment Accretion Of Discount On Premium Receivable
FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable
26000000 USD
CY2014 us-gaap Financial Guarantee Insurance Contracts Premiums Receivable Adjustment Other Adjustments
FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments
-38000000 USD
CY2013 us-gaap Financial Guarantee Insurance Contracts Premium Receivable Premium Payments Received
FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumPaymentsReceived
-135000000 USD
CY2013 us-gaap Financial Guarantee Insurance Contracts Premium Receivable New Business Written
FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten
0 USD
CY2013 us-gaap Financial Guarantee Insurance Contracts Premiums Receivable Adjustment Change In Period Of Contract
FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract
-45000000 USD
CY2013 us-gaap Financial Guarantee Insurance Contracts Premiums Receivable Adjustment Accretion Of Discount On Premium Receivable
FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentAccretionOfDiscountOnPremiumReceivable
28000000 USD
CY2013 us-gaap Financial Guarantee Insurance Contracts Premiums Receivable Adjustment Other Adjustments
FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments
-25000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Premium Expected To Be Collected During First Quarter Following Balance Sheet Date
FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate
20000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Premium Expected To Be Collected During Second Quarter Following The Balance Sheet Date
FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate
32000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Premium Expected To Be Collected During Third Quarter Following Balance Sheet Date
FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate
21000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Premium Expected To Be Collected During Fourth Quarter Following Balance Sheet Date
FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate
24000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Premium Expected To Be Collected More Than One And Within Two Years From Balance Sheet Date
FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate
91000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Premium Expected To Be Collected More Than Two And Within Three Years From Balance Sheet Date
FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate
83000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Premium Expected To Be Collected More Than Three And Within Four Years From Balance Sheet Date
FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate
73000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Premium Expected To Be Collected More Than Four And Within Five Years From Balance Sheet Date
FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate
68000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Premium Expected To Be Collected More Than Five And Within10 Years From Balance Sheet Date
FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate
282000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Premium Expected To Be Collected More Than10 And Within15 Years From Balance Sheet Date
FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate
204000000 USD
CY2014Q4 mbi Financial Guarantee Insurance Contracts Premium Expected To Be Collected During Twenty First Year And Thereafter From Balance Sheet Date
FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringTwentyFirstYearAndThereafterFromBalanceSheetDate
213000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Premium Receivable Premium Expected To Be Collected
FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected
1111000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized During First Quarter Following Balance Sheet Date
FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate
58000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized During Second Quarter Following Balance Sheet Date
FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate
57000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized During Third Quarter Following Balance Sheet Date
FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate
55000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized During Fourth Quarter Following Balance Sheet Date
FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate
54000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized More Than One And Within Two Years From Balance Sheet Date
FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate
204000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized More Than Two And Within Three Years From Balance Sheet Date
FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate
187000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized More Than Three And Within Four Years From Balance Sheet Date
FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate
168000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized More Than Four And Within Five Years From Balance Sheet Date
FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate
155000000 USD
CY2014Q4 mbi Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized During Sixth Through Tenth Year Following Balance Sheet Date
FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate
599000000 USD
CY2014Q4 mbi Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized During Eleventh Through Fifteenth Year Following Balance Sheet Date
FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate
362000000 USD
CY2014Q4 mbi Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized During Sixteenth Year And Thereafter Following Balance Sheet Date
FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate
323000000 USD
CY2014Q4 us-gaap Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized
FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized
2222000000 USD
CY2014Q4 us-gaap Participating Policies As Percentage Of Gross Insurance In Force
ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce
1 pure
CY2013Q4 us-gaap Participating Policies As Percentage Of Gross Insurance In Force
ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce
1 pure
CY2012 us-gaap Revenues
Revenues
2435000000 USD
CY2012 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
837000000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1598000000 USD
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
364000000 USD
CY2012 us-gaap Net Income Loss
NetIncomeLoss
1234000000 USD
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.36
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.33
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
188834626 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
189897021 shares
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
72000000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
104000000 USD
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-39000000 USD
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-14000000 USD
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-25000000 USD
CY2012 mbi Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax
50000000 USD
CY2012 mbi Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax
18000000 USD
CY2012 mbi Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses After Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax
32000000 USD
CY2012 mbi Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax
-69000000 USD
CY2012 mbi Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax
-24000000 USD
CY2012 mbi Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale And For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax
-45000000 USD
CY2012 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
-2000000 USD
CY2012 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
26000000 USD
CY2012 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
CY2012 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
0 USD
CY2012 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
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
232000000 USD
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1466000000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1723000000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3194000000 USD
CY2012 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
7000000 USD
CY2012 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
2000000 USD
CY2013 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4000000 USD
CY2013 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
7000000 USD
CY2013 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
4000000 USD
CY2012 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
7000000 USD
CY2014Q4 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
7000000 USD
CY2014 us-gaap Direct Premiums Earned
DirectPremiumsEarned
407000000 USD
CY2013 us-gaap Direct Premiums Earned
DirectPremiumsEarned
400000000 USD
CY2012 us-gaap Direct Premiums Earned
DirectPremiumsEarned
489000000 USD
CY2014 us-gaap Assumed Premiums Earned
AssumedPremiumsEarned
2000000 USD
CY2013 us-gaap Assumed Premiums Earned
AssumedPremiumsEarned
67000000 USD
CY2012 us-gaap Assumed Premiums Earned
AssumedPremiumsEarned
130000000 USD
CY2014 mbi Gross Premium Earned Financial Guarantee Insurance Contracts
GrossPremiumEarnedFinancialGuaranteeInsuranceContracts
409000000 USD
CY2013 mbi Gross Premium Earned Financial Guarantee Insurance Contracts
GrossPremiumEarnedFinancialGuaranteeInsuranceContracts
467000000 USD
CY2012 mbi Gross Premium Earned Financial Guarantee Insurance Contracts
GrossPremiumEarnedFinancialGuaranteeInsuranceContracts
619000000 USD
CY2014 us-gaap Ceded Premiums Earned
CededPremiumsEarned
12000000 USD
CY2013 us-gaap Ceded Premiums Earned
CededPremiumsEarned
10000000 USD
CY2012 us-gaap Ceded Premiums Earned
CededPremiumsEarned
14000000 USD
CY2014 us-gaap Premiums Earned Net
PremiumsEarnedNet
397000000 USD
CY2013 us-gaap Premiums Earned Net
PremiumsEarnedNet
457000000 USD
CY2012 us-gaap Premiums Earned Net
PremiumsEarnedNet
605000000 USD
CY2012 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
0 USD
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
357000000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
633000000 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
CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2014Q2 dei Entity Public Float
EntityPublicFloat
1563112068 USD
CY2012 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
0 USD
CY2012 mbi Additions For Credit Loss Impairments Recognized In Prior Periods For Securities That Were Reimpaired With Non Credit Component In Current Period
AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod
0 USD
CY2012 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
41000000 USD
CY2014 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Change In Status
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus
0 USD
CY2013 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Change In Status
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus
0 USD
CY2012 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Change In Status
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus
111000000 USD
CY2014 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
1000000 USD
CY2013 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
0 USD
CY2012 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
8000000 USD
CY2012 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
0 USD
CY2011Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
341000000 USD
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
592000000 USD
CY2014Q4 mbi Transactions Guaranteed On Behalf Of Various Affiliates
TransactionsGuaranteedOnBehalfOfVariousAffiliates
2600000000 USD
CY2013Q4 mbi Transactions Guaranteed On Behalf Of Various Affiliates
TransactionsGuaranteedOnBehalfOfVariousAffiliates
3500000000 USD
CY2014 us-gaap Derivative Lower Remaining Maturity Range1
DerivativeLowerRemainingMaturityRange1
P1Y0M0D
CY2014 us-gaap Derivative Higher Remaining Maturity Range1
DerivativeHigherRemainingMaturityRange1
P68Y0M0D
CY2013Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
1200000000 USD
CY2013Q4 mbi Aggregate Amount Of Insured Par Outstanding Ceded To Reinsurers
AggregateAmountOfInsuredParOutstandingCededToReinsurers
7100000000 USD
CY2014 mbi Aggregate Amount Insurance In Force Outstanding Ceded To Reinsurers
AggregateAmountInsuranceInForceOutstandingCededToReinsurers
11100000000 USD
CY2013 mbi Aggregate Amount Insurance In Force Outstanding Ceded To Reinsurers
AggregateAmountInsuranceInForceOutstandingCededToReinsurers
12700000000 USD
CY2014 us-gaap Insurance Recoveries
InsuranceRecoveries
-5000000 USD
CY2013 us-gaap Insurance Recoveries
InsuranceRecoveries
4000000 USD
CY2012 us-gaap Insurance Recoveries
InsuranceRecoveries
4000000 USD
CY2014 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
2000000 USD
CY2013 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
2000000 USD
CY2012 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
3000000 USD
CY2014Q4 us-gaap Surplus Notes
SurplusNotes
940000000 USD
CY2013Q4 us-gaap Surplus Notes
SurplusNotes
940000000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1810000000 USD
CY2013Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1702000000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
56000000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-176000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
90000000 USD
CY2014 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-17000000 USD
CY2014 mbi Percentage Of Policyholders Surplus
PercentageOfPolicyholdersSurplus
0.1 pure
CY2013 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-126000000 USD
CY2013 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
16000000 USD
CY2014 mbi Percentage Of Adjusted Net Investment Income
PercentageOfAdjustedNetInvestmentIncome
1 pure
CY2012 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
162000000 USD
CY2012 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-70000000 USD
CY2013Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
592000000 USD
CY2014 mbi Maximum Percentage Of Notional Asset Swap
MaximumPercentageOfNotionalAssetSwap
0.05 pure
CY2014 us-gaap Direct Premiums Written
DirectPremiumsWritten
-18000000 USD
CY2013 us-gaap Direct Premiums Written
DirectPremiumsWritten
-40000000 USD
CY2012 us-gaap Direct Premiums Written
DirectPremiumsWritten
17000000 USD
CY2014 us-gaap Ceded Premiums Written
CededPremiumsWritten
2000000 USD
CY2013 us-gaap Ceded Premiums Written
CededPremiumsWritten
2000000 USD
CY2012 us-gaap Ceded Premiums Written
CededPremiumsWritten
2000000 USD
CY2014 us-gaap Assumed Premiums Written
AssumedPremiumsWritten
0 USD
CY2013 us-gaap Assumed Premiums Written
AssumedPremiumsWritten
1000000 USD
CY2012 us-gaap Assumed Premiums Written
AssumedPremiumsWritten
2000000 USD
CY2014 us-gaap Premiums Written Net
PremiumsWrittenNet
-20000000 USD
CY2013 us-gaap Premiums Written Net
PremiumsWrittenNet
-41000000 USD
CY2012 us-gaap Premiums Written Net
PremiumsWrittenNet
17000000 USD
CY2014Q4 us-gaap Summary Of Investments Other Than Investments In Related Parties Cost
SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
6769000000 USD
CY2014Q4 us-gaap Summary Of Investments Other Than Investments In Related Parties Fair Value
SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
6830000000 USD
CY2014Q4 us-gaap Summary Of Investments Other Than Investments In Related Parties Carrying Amount
SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
6830000000 USD
CY2013Q4 mbi Number Of Variable Interest Entities Consolidated
NumberOfVariableInterestEntitiesConsolidated
0 pure
CY2013 mbi Number Of Credit Support Annexes
NumberOfCreditSupportAnnexes
1 pure
CY2014 mbi Number Of Credit Support Annexes
NumberOfCreditSupportAnnexes
1 pure
CY2014Q4 mbi Aggregate Amount Of Insured Par Outstanding Ceded To Reinsurers
AggregateAmountOfInsuredParOutstandingCededToReinsurers
6087000000 USD
CY2014Q4 mbi Reinsurance Recoverables Secured By Letters Of Credit Amount
ReinsuranceRecoverablesSecuredByLettersOfCreditAmount
34000000 USD
CY2014 mbi Premiums Written Financial Guarantee Insurance Contracts Percentage Of Amount Assumed To Net
PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet
0 pure
CY2013 mbi Premiums Written Financial Guarantee Insurance Contracts Percentage Of Amount Assumed To Net
PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet
-0.02 pure
CY2012 mbi Premiums Written Financial Guarantee Insurance Contracts Percentage Of Amount Assumed To Net
PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet
0.12 pure
CY2013 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
43210917 shares
CY2012 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
33743884 shares
CY2014 mbi Unvested Restricted Stock And Units That Receive Nonforfeitable Dividends Or Dividend Equivalents That Have Met Service Condition
UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition
412769 shares
CY2013 mbi Unvested Restricted Stock And Units That Receive Nonforfeitable Dividends Or Dividend Equivalents That Have Met Service Condition
UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition
629896 shares
CY2012 mbi Unvested Restricted Stock And Units That Receive Nonforfeitable Dividends Or Dividend Equivalents That Have Met Service Condition
UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition
506714 shares
CY2012 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
32000000 USD
CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1202000000 USD
CY2012 mbi Undistributed Earnings Allocated To Participating Securities Diluted
UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted
32000000 USD
CY2014 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
28000000 USD
CY2013 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 USD
CY2012 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 USD
CY2012 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1202000000 USD
CY2012 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1062395 shares
CY2012 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2014Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
28000000 USD
CY2013Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
59000000 USD
CY2013Q4 us-gaap Participating Policies Amount In Force
ParticipatingPoliciesAmountInForce
554300000000 USD
CY2012 mbi Expenses Of Consolidated Vies
ExpensesOfConsolidatedVies
72000000 USD
CY2012 mbi Expense From Transactions With Other Operating Segments Of Same Entity
ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity
0 USD
CY2012 mbi Segment Expense
SegmentExpense
837000000 USD
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6425073 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5963268 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3715406 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2548000 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1751173 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1752311 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1798000 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
21.333
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
20.6883
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.9888
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
45.0174
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
38.512
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
13.466
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
19.0485
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
50.833
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
16.3382
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
61.5815
CY2014 mbi Percentage Of Voting Interests Of Company
PercentageOfVotingInterestsOfCompany
0.1 pure
CY2014 mbi Number Of Surety Bonds
NumberOfSuretyBonds
5
CY2014Q4 mbi Outstanding Exposure On Surety Bonds
OutstandingExposureOnSuretyBonds
340000000 USD
CY2014 mbi Loans To Executive Officers Or Directors
LoansToExecutiveOfficersOrDirectors
0 securityloan
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
400000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
767406 shares
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
2247862 shares
CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
461805 shares
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
4.02
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2014Q4 mbi Incentive Stock Options And Non Qualified Stock Options Granted Price At Fair Value Of Common Stock Percentage
IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage
1 pure
CY2012 us-gaap Revenue Other Financial Services
RevenueOtherFinancialServices
880000000 USD
CY2012 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
1464000000 USD
CY2012 mbi Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange
NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange
55000000 USD
CY2012 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
105000000 USD
CY2012 us-gaap Other Income
OtherIncome
7000000 USD
CY2012 mbi Revenues Of Consolidated Vies
RevenuesOfConsolidatedVies
134000000 USD
CY2012 mbi Revenue From Transactions With Other Operating Segments Of Same Entity
RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity
0 USD
CY2012 mbi Segment Revenue
SegmentRevenue
2435000000 USD
CY2012 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
431000000 USD
CY2012 us-gaap Interest Expense
InterestExpense
284000000 USD
CY2012 mbi Segment Pretax Income Loss
SegmentPretaxIncomeLoss
1598000000 USD
CY2012 mbi Premiums Earned Net Financial Guarantee Insurance Contracts And Insured Derivatives
PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives
661000000 USD
CY2012Q4 us-gaap Assets
Assets
21724000000 USD
CY2013 us-gaap Insured Financial Obligations With Credit Deterioration Remaining Weighted Average Contract Period
InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod
P9Y8M12D
CY2013Q4 mbi Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses
900000000 USD
CY2012 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
3000000 USD
CY2012 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2000000 USD
CY2012 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
-6000000 USD
CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
350000000 USD
CY2012 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2012 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
15000000 USD
CY2013 mbi Change In Unrealized Gain Loss On Investments
ChangeInUnrealizedGainLossOnInvestments
81000000 USD
CY2014 mbi Change In Unrealized Gain Loss On Investments
ChangeInUnrealizedGainLossOnInvestments
-89000000 USD
CY2012 mbi Change In Unrealized Gain Loss On Investments
ChangeInUnrealizedGainLossOnInvestments
-86000000 USD
CY2012 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Tax Portion Attributable To Parent
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent
-42000000 USD
CY2012 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-2000000 USD
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
7000000 USD
CY2012 us-gaap Income Tax Effects Allocated Directly To Equity
IncomeTaxEffectsAllocatedDirectlyToEquity
133000000 USD
CY2012 us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
IncomeTaxExpenseBenefitIntraperiodTaxAllocation
497000000 USD
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2013 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.011 pure
CY2013 mbi Effective Income Tax Rate Reconciliation Mark To Market On Warrants
EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants
0.038 pure
CY2013 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.126 pure
CY2013 mbi Effective Income Taxrate Reconciliation Uncertain Tax Positions
EffectiveIncomeTaxrateReconciliationUncertainTaxPositions
0.028 pure
CY2013 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0 pure
CY2013 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.008 pure
CY2013 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.114 pure
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.006 pure
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.399 pure
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.112 pure
CY2013Q4 mbi Deferred Tax Liabilities Unearned Premium Revenue
DeferredTaxLiabilitiesUnearnedPremiumRevenue
220000000 USD
CY2013Q4 mbi Deferred Tax Liabilities Deferral Of Cod Income
DeferredTaxLiabilitiesDeferralOfCodIncome
114000000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Deferred Expense Deferred Policy Acquisition Cost
DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost
87000000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Other Comprehensive Income
DeferredTaxLiabilitiesOtherComprehensiveIncome
0 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
9000000 USD
CY2013Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
478000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
31000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
85000000 USD
CY2013Q4 mbi Deferred Tax Assets Nols And Tax Credit Carryforwards
DeferredTaxAssetsNolsAndTaxCreditCarryforwards
917000000 USD
CY2013Q4 mbi Deferred Tax Assets Capital Loss Carryforwards And Other Than Temporary Impairments
DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments
93000000 USD
CY2013Q4 mbi Deferred Tax Assets Insured Derivatives
DeferredTaxAssetsInsuredDerivatives
400000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
47000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Other Comprehensive Loss
DeferredTaxAssetsOtherComprehensiveLoss
30000000 USD
CY2013Q4 mbi Deferred Tax Assets Variable Interest Entities
DeferredTaxAssetsVariableInterestEntities
55000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1680000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
93000000 USD
CY2013Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
1109000000 USD
CY2014Q4 mbi Deferred Tax Liabilities Unearned Premium Revenue
DeferredTaxLiabilitiesUnearnedPremiumRevenue
196000000 USD
CY2014Q4 mbi Deferred Tax Liabilities Deferral Of Cod Income
DeferredTaxLiabilitiesDeferralOfCodIncome
91000000 USD
CY2014Q4 mbi Deferred Tax Assets Nols And Tax Credit Carryforwards
DeferredTaxAssetsNolsAndTaxCreditCarryforwards
1150000000 USD
CY2014Q4 mbi Deferred Tax Assets Capital Loss Carryforwards And Other Than Temporary Impairments
DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments
6000000 USD
CY2014Q4 mbi Deferred Tax Assets Insured Derivatives
DeferredTaxAssetsInsuredDerivatives
93000000 USD
CY2014Q4 mbi Deferred Tax Assets Variable Interest Entities
DeferredTaxAssetsVariableInterestEntities
25000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
1009000000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
47000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
26000000 USD
CY2012 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
26000000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
47000000 USD
CY2012 mbi Increase Decrease In Net Income Loss
IncreaseDecreaseInNetIncomeLoss
60000000 USD
CY2012 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
-2261000000 USD
CY2012 us-gaap Proceeds From Insurance Premiums Collected
ProceedsFromInsurancePremiumsCollected
281000000 USD
CY2014 us-gaap Proceeds From Interest And Dividends Received
ProceedsFromInterestAndDividendsReceived
419000000 USD
CY2013 us-gaap Proceeds From Interest And Dividends Received
ProceedsFromInterestAndDividendsReceived
426000000 USD
CY2012 us-gaap Proceeds From Interest And Dividends Received
ProceedsFromInterestAndDividendsReceived
594000000 USD
CY2014 us-gaap Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
30000000 USD
CY2013 us-gaap Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
0 USD
CY2012 us-gaap Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
0 USD
CY2014Q4 mbi Aggregate Principal Amount In Excess Of Failureto Make Payment At Maturity
AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity
10000000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
254000000 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-213000000 USD
CY2013 mbi Payments For Net Realized Losses On Insured Derivatives Paid
PaymentsForNetRealizedLossesOnInsuredDerivativesPaid
458000000 USD
CY2012 mbi Payments For Net Realized Losses On Insured Derivatives Paid
PaymentsForNetRealizedLossesOnInsuredDerivativesPaid
464000000 USD
CY2013 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
443000000 USD
CY2012 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
895000000 USD
CY2014 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
310000000 USD
CY2013 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
0 USD
CY2012 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
0 USD
CY2013 us-gaap Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
280000000 USD
CY2012 us-gaap Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
278000000 USD
CY2012 mbi Proceeds From Consolidation Of Variable Interest Entity
ProceedsFromConsolidationOfVariableInterestEntity
0 USD
CY2012 mbi Payments For Deconsolidation Of Variable Interest Entity
PaymentsForDeconsolidationOfVariableInterestEntity
51000000 USD
CY2013 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
54000000 USD
CY2012 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
288000000 USD
CY2012 us-gaap Increase Decrease Cash Collateral From Counterparties
IncreaseDecreaseCashCollateralFromCounterparties
-285000000 USD
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7000000 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
4195000000 USD
CY2014 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
30000000 USD
CY2013 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
31000000 USD
CY2012 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
36000000 USD
CY2012 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
688000000 USD
CY2012 us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
102000000 USD
CY2012 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1229000000 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-2811000000 USD
CY2008Q1 us-gaap Surplus Notes
SurplusNotes
1000000000 USD
CY2012 mbi Proceeds From Reinsurance And Recoveries
ProceedsFromReinsuranceAndRecoveries
263000000 USD
CY2012 us-gaap Payments For Operating Activities
PaymentsForOperatingActivities
400000000 USD
CY2012 us-gaap Interest Paid Net
InterestPaidNet
400000000 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
17000000 USD
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1000000 USD
CY2012 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6000000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-333000000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1829000000 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-1027000000 USD
CY2012 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
3086000000 USD
CY2014 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
757000000 USD
CY2012 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
4658000000 USD
CY2012 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
609000000 USD
CY2012 mbi Payments To Acquire Fair Value Option And Trading Securities
PaymentsToAcquireFairValueOptionAndTradingSecurities
346000000 USD
CY2012 mbi Proceeds From Sales Maturities And Paydowns Of Fair Value And Trading Securities
ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities
960000000 USD
CY2012 us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
-739000000 USD
CY2012 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
1014000000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
176000000 USD
CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-40000000 USD
CY2013 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
3000000 USD
CY2012 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
24000000 USD
CY2012 us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
4658000000 USD
CY2012 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
196000000 USD
CY2012 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
127000000 USD
CY2013 mbi Weighted Average Contractual Maturity Period Of Securities Unrealized Loss Position
WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition
P18Y
CY2014Q4 us-gaap Participating Policies Amount In Force
ParticipatingPoliciesAmountInForce
437800000000 USD
CY2014Q4 us-gaap Liabilities Of Assets Held For Sale
LiabilitiesOfAssetsHeldForSale
772000000 USD
CY2013Q4 us-gaap Liabilities Of Assets Held For Sale
LiabilitiesOfAssetsHeldForSale
0 USD
CY2014 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
79000000 USD
CY2013 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
CY2012 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
CY2014 us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
0 USD
CY2013 us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
0 USD
CY2012 us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
-287000000 USD
CY2012 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
540000000 USD
CY2012 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2014 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2013 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2012 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
2000000 USD
CY2014 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
0 USD
CY2013 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
0 USD
CY2012 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1000000 USD
CY2014Q4 us-gaap Cash Including Discontinued Operations
CashIncludingDiscontinuedOperations
55000000 USD
CY2013Q4 us-gaap Cash Including Discontinued Operations
CashIncludingDiscontinuedOperations
0 USD
CY2012Q4 us-gaap Cash Including Discontinued Operations
CashIncludingDiscontinuedOperations
0 USD
CY2012 us-gaap Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
-152000000 USD
CY2012 us-gaap Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
-49000000 USD
CY2012 us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
-600000000 USD
CY2012 us-gaap Increase Decrease In Loss And Loss Adjustment Expense Reserve
IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve
-17000000 USD
CY2012 mbi Increase Decrease In Insurance Loss Recoverable
IncreaseDecreaseInInsuranceLossRecoverable
602000000 USD
CY2012 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-3000000 USD
CY2014 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-36000000 USD
CY2013 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
43000000 USD
CY2012 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-23000000 USD
CY2014 mbi Net Other Than Temporary Impairments
NetOtherThanTemporaryImpairments
15000000 USD
CY2013 mbi Net Other Than Temporary Impairments
NetOtherThanTemporaryImpairments
0 USD
CY2012 mbi Net Other Than Temporary Impairments
NetOtherThanTemporaryImpairments
105000000 USD
CY2012 mbi Realized Gains Losses And Other Settlements On Insured Derivatives Total
RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal
0 USD
CY2012 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
1870000000 USD
CY2012 mbi Increase Decrease In Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange
IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange
73000000 USD
CY2012 mbi Increase Decrease In Other Net Realized Gains Losses
IncreaseDecreaseInOtherNetRealizedGainsLosses
-7000000 USD
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
365000000 USD
CY2014 mbi Adjustment Gains Losses On Extinguishment Of Debt
AdjustmentGainsLossesOnExtinguishmentOfDebt
0 USD
CY2013 mbi Adjustment Gains Losses On Extinguishment Of Debt
AdjustmentGainsLossesOnExtinguishmentOfDebt
61000000 USD
CY2012 mbi Adjustment Gains Losses On Extinguishment Of Debt
AdjustmentGainsLossesOnExtinguishmentOfDebt
49000000 USD
CY2012 mbi Vie Interest Net
VieInterestNet
140000000 USD
CY2012 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-138000000 USD
CY2013 us-gaap Financial Guarantee Insurance Contracts Claim Liability Weighted Average Risk Free Discount Rate
FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate
0.0237 pure
CY2014Q4 mbi Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses
680000000 USD
CY2012Q4 mbi Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses
3980000000 USD
CY2013Q4 us-gaap Other Assets Held For Sale Current
OtherAssetsHeldForSaleCurrent
29000000 USD
CY2014Q4 us-gaap Other Assets Held For Sale Current
OtherAssetsHeldForSaleCurrent
802000000 USD
CY2014Q4 mbi Senior Notes At Par Value Owned By National
SeniorNotesAtParValueOwnedByNational
136000000 USD
CY2014Q4 mbi Surplus Notes At Par Value Owned By Corporate Segment
SurplusNotesAtParValueOwnedByCorporateSegment
13000000 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
11000000 USD
CY2014Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
8000000 USD
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y6M29D
CY2014Q4 mbi Surplus Notes Repurchased At Outstanding Par Value
SurplusNotesRepurchasedAtOutstandingParValue
47000000 USD
CY2014 mbi Annual Compensation Maximum Pension Per Employee Amount
AnnualCompensationMaximumPensionPerEmployeeAmount
1500000 USD
CY2014 mbi Proceeds From Sales Maturities Prepayments And Calls Of Other Investments
ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments
1000000 USD
CY2013 mbi Proceeds From Sales Maturities Prepayments And Calls Of Other Investments
ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments
0 USD
CY2012 mbi Proceeds From Sales Maturities Prepayments And Calls Of Other Investments
ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments
0 USD
CY2014Q4 mbi Other Liabilities And Derivative Liabilities Vie After Counterparty Netting And Embedded Reclass
OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass
437000000 USD
CY2014 mbi Weighted Average Contractual Maturity Period Of Securities Unrealized Loss Position
WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition
P13Y
CY2013 mbi Commuted Gross Insured Exposure
CommutedGrossInsuredExposure
20000000000 USD
CY2012 mbi Commuted Gross Insured Exposure
CommutedGrossInsuredExposure
13400000000 USD
CY2014Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
3200000000 USD
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.005 pure
CY2014 mbi Effective Income Tax Rate Reconciliation Mark To Market On Warrants
EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants
-0.016 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.135 pure
CY2014 mbi Effective Income Taxrate Reconciliation Uncertain Tax Positions
EffectiveIncomeTaxrateReconciliationUncertainTaxPositions
-0.091 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.005 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.005 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.009 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.007 pure
CY2012 mbi Effective Income Tax Rate Reconciliation Mark To Market On Warrants
EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants
-0.007 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.056 pure
CY2012 mbi Effective Income Taxrate Reconciliation Uncertain Tax Positions
EffectiveIncomeTaxrateReconciliationUncertainTaxPositions
-0.001 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.001 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.038 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.012 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.002 pure
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.228 pure
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.02 pure
CY2014 us-gaap Financial Guarantee Insurance Contracts Premium Received Over Contract Period Premium Receivable Weighted Average Collection Period1
FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1
P9Y2M4D
CY2013 us-gaap Financial Guarantee Insurance Contracts Premium Received Over Contract Period Premium Receivable Weighted Average Collection Period1
FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1
P9Y2M15D
CY2012 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
50000000 USD
CY2013 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
117000000 USD
CY2014 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
133000000 USD
CY2014Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
246000000 USD
CY2013 mbi Loans To Executive Officers Or Directors
LoansToExecutiveOfficersOrDirectors
0 securityloan
CY2013Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
22000000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
59000000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
48000000 USD
CY2014Q4 mbi Surplus Notes Weighted Average Price Per Unit
SurplusNotesWeightedAveragePricePerUnit
77.08
CY2015Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
185663370 shares

Files In Submission

Name View Source Status
0001193125-15-073382-index-headers.html Edgar Link pending
0001193125-15-073382-index.html Edgar Link pending
0001193125-15-073382.txt Edgar Link pending
0001193125-15-073382-xbrl.zip Edgar Link pending
d868514d10k.htm Edgar Link pending
d868514dex1016.htm Edgar Link pending
d868514dex21.htm Edgar Link pending
d868514dex23.htm Edgar Link pending
d868514dex311.htm Edgar Link pending
d868514dex312.htm Edgar Link pending
d868514dex321.htm Edgar Link pending
d868514dex322.htm Edgar Link pending
d868514dex993.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
g868514g12i59.jpg Edgar Link pending
mbi-20141231.xml Edgar Link completed
mbi-20141231.xsd Edgar Link pending
mbi-20141231_cal.xml Edgar Link unprocessable
mbi-20141231_def.xml Edgar Link unprocessable
mbi-20141231_lab.xml Edgar Link unprocessable
mbi-20141231_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R101.htm Edgar Link pending
R102.htm Edgar Link pending
R103.htm Edgar Link pending
R104.htm Edgar Link pending
R105.htm Edgar Link pending
R106.htm Edgar Link pending
R107.htm Edgar Link pending
R108.htm Edgar Link pending
R109.htm Edgar Link pending
R11.htm Edgar Link pending
R110.htm Edgar Link pending
R111.htm Edgar Link pending
R112.htm Edgar Link pending
R113.htm Edgar Link pending
R114.htm Edgar Link pending
R115.htm Edgar Link pending
R116.htm Edgar Link pending
R117.htm Edgar Link pending
R118.htm Edgar Link pending
R119.htm Edgar Link pending
R12.htm Edgar Link pending
R120.htm Edgar Link pending
R121.htm Edgar Link pending
R122.htm Edgar Link pending
R123.htm Edgar Link pending
R124.htm Edgar Link pending
R125.htm Edgar Link pending
R126.htm Edgar Link pending
R127.htm Edgar Link pending
R128.htm Edgar Link pending
R129.htm Edgar Link pending
R13.htm Edgar Link pending
R130.htm Edgar Link pending
R131.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending