2016 Q1 Form 10-Q Financial Statement
#000119312516583982 Filed on May 09, 2016
Income Statement
| Concept | 2016 Q1 | 2015 Q1 |
|---|---|---|
| Revenue | $32.00M | $219.0M |
| YoY Change | -85.39% | -62.05% |
| Cost Of Revenue | $22.00M | -$6.000M |
| YoY Change | -466.67% | -112.0% |
| Gross Profit | $10.00M | $225.0M |
| YoY Change | -95.56% | -57.31% |
| Gross Profit Margin | 31.25% | 102.74% |
| Selling, General & Admin | $45.00M | $48.00M |
| YoY Change | -6.25% | -14.29% |
| % of Gross Profit | 450.0% | 21.33% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | ||
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $45.00M | $48.00M |
| YoY Change | -6.25% | -14.29% |
| Operating Profit | -$35.00M | $177.0M |
| YoY Change | -119.77% | -62.42% |
| Interest Expense | $50.00M | $50.00M |
| YoY Change | 0.0% | -7.41% |
| % of Operating Profit | 28.25% | |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | -$101.0M | $113.0M |
| YoY Change | -189.38% | -72.03% |
| Income Tax | -$23.00M | $44.00M |
| % Of Pretax Income | 38.94% | |
| Net Earnings | -$78.00M | $69.00M |
| YoY Change | -213.04% | -73.05% |
| Net Earnings / Revenue | -243.75% | 31.51% |
| Basic Earnings Per Share | -$0.58 | $0.37 |
| Diluted Earnings Per Share | -$0.58 | $0.37 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 135.8M shares | 181.7M shares |
| Diluted Shares Outstanding | 135.8M shares | 182.7M shares |
Balance Sheet
| Concept | 2016 Q1 | 2015 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | ||
| YoY Change | ||
| Cash & Equivalents | $332.0M | $627.0M |
| 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 | ||
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $10.01B | $12.48B |
| YoY Change | -19.79% | 1.65% |
| Other Assets | $939.0M | $991.0M |
| YoY Change | -5.25% | 4.76% |
| Total Long-Term Assets | ||
| YoY Change | ||
| TOTAL ASSETS | ||
| Total Short-Term Assets | ||
| Total Long-Term Assets | ||
| Total Assets | $12.75B | $15.90B |
| YoY Change | -19.78% | -1.19% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | ||
| YoY Change | ||
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | ||
| YoY Change | ||
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $6.508B | $8.855B |
| YoY Change | -26.5% | 0.06% |
| Other Long-Term Liabilities | $569.0M | $747.0M |
| YoY Change | -23.83% | 11.0% |
| Total Long-Term Liabilities | $7.077B | $9.602B |
| YoY Change | -26.3% | 0.83% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | ||
| Total Long-Term Liabilities | $7.077B | $9.602B |
| Total Liabilities | $9.112B | $11.98B |
| YoY Change | -23.91% | -3.91% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $2.960B | $2.927B |
| YoY Change | 1.13% | 15.01% |
| Common Stock | $283.0M | $282.0M |
| YoY Change | 0.35% | 0.36% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $2.768B | $2.436B |
| YoY Change | 13.63% | 4.82% |
| Treasury Stock Shares | 146.1M shares | |
| Shareholders Equity | $3.627B | $3.919B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $12.75B | $15.92B |
| YoY Change | -19.88% | -1.07% |
Cashflow Statement
| Concept | 2016 Q1 | 2015 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$78.00M | $69.00M |
| YoY Change | -213.04% | -73.05% |
| Depreciation, Depletion And Amortization | ||
| YoY Change | ||
| Cash From Operating Activities | $39.00M | -$9.000M |
| YoY Change | -533.33% | -97.88% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $0.00 | $1.000M |
| YoY Change | -100.0% | 0.0% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $4.000M | -$24.00M |
| YoY Change | -116.67% | |
| Cash From Investing Activities | $1.814B | $120.0M |
| YoY Change | 1411.67% | -42.86% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $98.00M | $75.00M |
| YoY Change | 30.67% | |
| Debt Paid & Issued, Net | $0.00 | $11.00M |
| YoY Change | -100.0% | |
| Cash From Financing Activities | -2.046B | -256.0M |
| YoY Change | 699.22% | -17.95% |
| NET CHANGE | ||
| Cash From Operating Activities | 39.00M | -9.000M |
| Cash From Investing Activities | 1.814B | 120.0M |
| Cash From Financing Activities | -2.046B | -256.0M |
| Net Change In Cash | -193.0M | -145.0M |
| YoY Change | 33.1% | -72.43% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $39.00M | -$9.000M |
| Capital Expenditures | $0.00 | $1.000M |
| Free Cash Flow | $39.00M | -$10.00M |
| YoY Change | -490.0% | -97.65% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
3000000 | USD |
| CY2016Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-23000000 | USD |
| CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
281833618 | shares |
| CY2015Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
181735876 | shares |
| CY2015Q1 | us-gaap |
Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
|
7000000 | USD |
| CY2015Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
48000000 | USD |
| CY2016Q1 | us-gaap |
Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
|
-53000000 | USD |
| CY2016Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
97000000 | USD |
| CY2015Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
2000000 | USD |
| CY2016Q1 | us-gaap |
Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
|
10000000 | USD |
| CY2015Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
172000000 | USD |
| CY2015Q1 | us-gaap |
Assets
Assets
|
15895000000 | USD |
| CY2015Q1 | us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
7000000 | USD |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
2000000 | USD |
| CY2015Q1 | us-gaap |
Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
-70000000 | USD |
| CY2016Q1 | us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
15000000 | USD |
| CY2016Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000814585 | |
| CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-256000000 | USD |
| CY2016Q1 | mbi |
Segment Pretax Income Loss
SegmentPretaxIncomeLoss
|
-101000000 | USD |
| CY2015Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
|
172000000 | USD |
| CY2016Q1 | mbi |
Payments For Net Realized Losses On Insured Derivatives Paid
PaymentsForNetRealizedLossesOnInsuredDerivativesPaid
|
15000000 | USD |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
80000000 | USD |
| CY2016Q1 | mbi |
Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange
NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange
|
-69000000 | USD |
| CY2016Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
MBIA INC | |
| CY2015Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2015Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
|
0.389 | pure |
| CY2015Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1000539 | shares |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
123000000 | USD |
| CY2016Q1 | mbi |
Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Accretion Of Recoveries
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries
|
3000000 | USD |
| CY2015Q1 | mbi |
Increase Decrease In Insurance Loss Recoverable
IncreaseDecreaseInInsuranceLossRecoverable
|
-5000000 | USD |
| CY2015Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
1 | |
| CY2015Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
54000000 | USD |
| CY2015Q4 | mbi |
Approximate Percentage Of Level3 Liabilities At Fair Value In Total Liabilities Measured At Fair Value
ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue
|
0.52 | pure |
| CY2015Q1 | 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 |
| CY2015Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Number Of Contracts Issued And Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding
|
140 | |
| CY2015Q4 | us-gaap |
Reinsurance Receivables Case Basis
ReinsuranceReceivablesCaseBasis
|
6000000 | USD |
| CY2016Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | USD |
| CY2015Q1 | us-gaap |
Proceeds From Interest And Dividends Received
ProceedsFromInterestAndDividendsReceived
|
90000000 | USD |
| CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
120000000 | USD |
| CY2016Q1 | us-gaap |
Benefits Losses And Expenses
BenefitsLossesAndExpenses
|
133000000 | USD |
| CY2016Q1 | us-gaap |
Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
|
4000000 | USD |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
|
-14000000 | USD |
| CY2015Q1 | us-gaap |
Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
|
192000000 | USD |
| CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-78000000 | USD |
| CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
522000000 | USD |
| CY2016Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-78000000 | USD |
| CY2015Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
478000000 | USD |
| CY2015Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1000000 | USD |
| CY2015Q4 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
6120000000 | USD |
| CY2015Q1 | us-gaap |
Payments For Operating Activities
PaymentsForOperatingActivities
|
55000000 | USD |
| CY2015Q4 | mbi |
Cash And Money Market Securities Collateral For Investment Agreements
CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements
|
12000000 | USD |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
-7000000 | USD |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
43000000 | USD |
| CY2016Q1 | mbi |
Contract Claims On Ineligible Mortgage Loans Inception To Date Incurred Loss On Transactions
ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions
|
427000000 | USD |
| CY2015Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
413000000 | USD |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
43000000 | USD |
| CY2015Q1 | us-gaap |
Interest Expense
InterestExpense
|
50000000 | USD |
| CY2016Q1 | us-gaap |
Insured Financial Obligations With Credit Deterioration Remaining Weighted Average Contract Period
InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod
|
P7Y6M0D | |
| CY2015Q4 | us-gaap |
Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
|
85000000 | USD |
| CY2016Q1 | us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
5000000 | USD |
| CY2015Q1 | us-gaap |
Revenues
Revenues
|
219000000 | USD |
| CY2016Q1 | us-gaap |
Other Income
OtherIncome
|
-1000000 | USD |
| CY2016Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
4000000 | USD |
| CY2016Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
0 | USD |
| CY2015Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
1 | |
| CY2016Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-78000000 | USD |
| CY2015Q1 | us-gaap |
Benefits Losses And Expenses
BenefitsLossesAndExpenses
|
106000000 | USD |
| CY2015Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
-10000000 | USD |
| CY2016Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-12000000 | USD |
| CY2015Q1 | us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
17000000 | USD |
| CY2016Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.58 | |
| CY2015Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-155000000 | USD |
| CY2015Q1 | us-gaap |
Revenue Other Financial Services
RevenueOtherFinancialServices
|
139000000 | USD |
| CY2015Q4 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
|
5100000000 | USD |
| CY2016Q1 | us-gaap |
Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
|
17000000 | USD |
| CY2016Q1 | us-gaap |
Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
|
281000000 | USD |
| CY2015Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
136000000 | USD |
| CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
782000000 | USD |
| CY2016Q1 | mbi |
Increase Decrease In Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange
IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange
|
-70000000 | USD |
| CY2015Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Gross Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability
|
797000000 | USD |
| CY2016Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.58 | |
| CY2015Q1 | mbi |
Segment Expense
SegmentExpense
|
106000000 | USD |
| CY2015Q4 | mbi |
Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses
|
677000000 | USD |
| CY2015Q1 | mbi |
Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses After Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax
|
-9000000 | USD |
| CY2015Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
132000000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
|
-4000000 | USD |
| CY2016Q1 | us-gaap |
Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
|
1799000000 | USD |
| CY2015Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
|
2802000000 | USD |
| CY2016Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
37000000 | USD |
| CY2015Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
75000000 | USD |
| CY2015Q4 | mbi |
Approximate Percentage Of Level3 Assets At Fair Value In Total Assets Measured At Fair Value
ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue
|
0.19 | pure |
| CY2016Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | USD |
| CY2015Q1 | mbi |
Segment Revenue
SegmentRevenue
|
219000000 | USD |
| CY2015Q1 | us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
-232000000 | USD |
| CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
39000000 | USD |
| CY2016Q1 | mbi |
Proceeds From Consolidation Of Variable Interest Entity
ProceedsFromConsolidationOfVariableInterestEntity
|
9000000 | USD |
| CY2015Q4 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
6160000000 | USD |
| CY2015Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
| CY2015Q4 | us-gaap |
Reinsurance Receivables Incurred But Not Reported Claims
ReinsuranceReceivablesIncurredButNotReportedClaims
|
6000000 | USD |
| CY2015Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
67000000 | USD |
| CY2015Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding
|
17407000000 | USD |
| CY2015Q1 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
28000000 | USD |
| CY2015Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
44000000 | USD |
| CY2016Q1 | 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, “MBIA” or the “Company”) operates one of the largest financial guarantee insurance businesses in the industry. MBIA manages three operating segments: 1) United </font><font style='font-family:Times New Roman;font-size:10pt;' >States (“U.S.”) public finance insurance; 2) corporate; and 3) international and structured fina</font><font style='font-family:Times New Roman;font-size:10pt;' >nce insurance.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company’s U.S. public finance insurance business is primarily operated through National Public Finance Guarantee Corporation (“National”) and</font><font style='font-family:Times New Roman;font-size:10pt;' > its international and structured finance insurance business is primarily operated through MBIA Insurance Corporation and its subsidiaries (“MBIA Corp.”). Unless otherwise indicated or the context otherwise requires, references to “MBIA Corp.” are to MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance Corporation, together with its subsidiaries, MBIA UK Insurance Limited (“MBIA UK”) and MBIA Mexico S.A. de C.V (“MBIA Mexico”). </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;' >E</font><font style='font-family:Times New Roman;font-size:10pt;' >ffective on January 1, 2015, the Company exited its advisory services business through the sale of </font><font style='font-family:Times New Roman;font-size:10pt;' >Cutwater Holdings</font><font style='font-family:Times New Roman;font-size:10pt;' >, LLC and its subsidiaries (“Cutwater”) to a subsidiary of The Bank of New York Mellon Corporation. Refer to “</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 10: Business Segments</font><font style='font-family:Times New Roman;font-size:10pt;' >” for further information about the Company’s operating segments.</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-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’s ability to write new business and compete with other financial guarantors is largely dependent on the financial strength ratings assigned to National by the rating agencies. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >March 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, National had the </font><font style='font-family:Times New Roman;font-size:10pt;' >following</font><font style='font-family:Times New Roman;font-size:10pt;' > ratings</font><font style='font-family:Times New Roman;font-size:10pt;' >: </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 outlook</font><font style='font-family:Times New Roman;font-size:10pt;' > by </font><font style='font-family:Times New Roman;font-size:10pt;' >Standard & Poor’s Financial Services LLC (“S&P”)</font><font style='font-family:Times New Roman;font-size:10pt;' >; and A3 with a negative outlook by </font><font style='font-family:Times New Roman;font-size:10pt;' >Moody’s Investors Service, Inc. (“Moody’s”)</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >National seeks to ge</font><font style='font-family:Times New Roman;font-size:10pt;' >nerate shareholder value through appropriate risk adjusted pricing; however, current market conditions and the competitive landscape may limit National’s new business opportunities and its abilities to price and underwrite risk with attractive returns. Ref</font><font style='font-family:Times New Roman;font-size:10pt;' >er to “Risks and Uncertainties” below for a discussion of business risks related to National’s insured portfolio.</font></p></div><p style='line-height:20pt;' /><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’s financial statements include estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. The outcome of certain significant risks and uncertainties could cause the Company</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’s estimates. The discussion below highlights the significant risks and uncertainties that could have a material effect on the Company’s financial statements a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd 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’s insured portfolio continued to perform satisfactorily against a backdrop of strengthening domestic economic activity. While a stable or growing economy will genera</font><font style='font-family:Times New Roman;font-size:10pt;' >lly benefit tax revenues and fees charged for essential municipal services which secure National’s insured bond portfolio, some state and local governments and territory obligors National insures remain under financial and budgetary stress. This could lead</font><font style='font-family:Times New Roman;font-size:10pt;' > 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’s insured transactions. The Company monitors and analyzes these situations and other stressed credits closely, and</font><font style='font-family:Times New Roman;font-size:10pt;' > the overall extent and duration of this stress is uncertain. </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;margin-left:0pt;' >Puerto Rico is experiencing fiscal stress and constrained liquidity due to, among other things, Puerto Rico’s structural budget imbalance, limited access to the capital markets, a stagnating l</font><font style='font-family:Times New Roman;font-size:10pt;' >ocal economy, net migration of people out of Puerto Rico and a high debt burden</font><font style='font-family:Times New Roman;font-size:10pt;' >. Although Puerto Rico has tried to address its significant financial challenges through various fiscal policies, it continues to experience significant fiscal stress. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Compa</font><font style='font-family:Times New Roman;font-size:10pt;' >ny </font><font style='font-family:Times New Roman;font-size:10pt;' >continue</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > to believe, based on </font><font style='font-family:Times New Roman;font-size:10pt;' >its</font><font style='font-family:Times New Roman;font-size:10pt;' > analysis of Puerto Rico’s fiscal and structural circumstances, the details of </font><font style='font-family:Times New Roman;font-size:10pt;' >its</font><font style='font-family:Times New Roman;font-size:10pt;' > insured exposures, and </font><font style='font-family:Times New Roman;font-size:10pt;' >its </font><font style='font-family:Times New Roman;font-size:10pt;' >legal and contractual rights, that all of </font><font style='font-family:Times New Roman;font-size:10pt;' >National’s </font><font style='font-family:Times New Roman;font-size:10pt;' >insured Puerto Rico related debt will ultimately be subs</font><font style='font-family:Times New Roman;font-size:10pt;' >tantially repaid. </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</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;' >and Insured Portfolio</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 Corp.’s primary objectives are to satisfy those claims, if any, of its policyholders, and to maximize future recoveries to its surplus note holders and preferred stock holders. The Company</font><font style='font-family:Times New Roman;font-size:10pt;' > intends to execute this strategy by reducing and mitigating potential losses on its insurance exposures and maximizing the collection of recoveries. </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;margin-left:0pt;' >The amount and timing of projected collections from excess spread from second-lien residential mortgage-b</font><font style='font-family:Times New Roman;font-size:10pt;' >acked securities (“RMBS”) and the put-back recoverable from Credit Suisse Securities (USA) LLC, DLJ Mortgage Capital, Inc., and Select Portfolio Servicing Inc. (collectively, “Credit Suisse”) are uncertain. </font><font style='font-family:Times New Roman;font-size:10pt;' >Refer to “</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 5: Loss and Loss Adjustment Expense Reserves</font><font style='font-family:Times New Roman;font-size:10pt;' >” for information about MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > Corp.’s loss reserves and recoveries. </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;' >Further, the remaining insured portfolio, aside from these exposures, could deteriorate and result in additional significant loss reserves and claim payments. </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp.’s ability to meet its obligations is limited b</font><font style='font-family:Times New Roman;font-size:10pt;' >y available liquidity and its ability to </font><font style='font-family:Times New Roman;font-size:10pt;' >secure liquidity </font><font style='font-family:Times New Roman;font-size:10pt;' >through financing and other transactions. In this circumstance there can be no assurance that MBIA Corp. will be successful in generating sufficient cash to meet its obligations. In particular, as o</font><font style='font-family:Times New Roman;font-size:10pt;' >f March 31, 2016, </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp. </font><font style='font-family:Times New Roman;font-size:10pt;' >insures </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >77</font><font style='font-family:Times New Roman;font-size:10pt;' >6</font><font style='font-family:Times New Roman;font-size:10pt;' > million of gross par outstanding</font><font style='font-family:Times New Roman;font-size:10pt;' > of notes issued by Zohar II 2005-1 Limited, a </font><font style='font-family:Times New Roman;font-size:10pt;' >high yield </font><font style='font-family:Times New Roman;font-size:10pt;' >corporate collateralized debt obligation (“</font><font style='font-family:Times New Roman;font-size:10pt;' >CDO</font><font style='font-family:Times New Roman;font-size:10pt;' >”), which matures </font><font style='font-family:Times New Roman;font-size:10pt;' >in January of 2017. If cash flows </font><font style='font-family:Times New Roman;font-size:10pt;' >generated by Zohar II </font><font style='font-family:Times New Roman;font-size:10pt;' >are </font><font style='font-family:Times New Roman;font-size:10pt;' >insufficient</font><font style='font-family:Times New Roman;font-size:10pt;' > to pay the insured amount at maturity in full</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA Corp. will be called upon to </font><font style='font-family:Times New Roman;font-size:10pt;' >satisfy any unpaid amount</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >If Zohar II fails to generate cash to cover a substantial amount of the insured exposure at maturity, or if MBIA Corp. is unable to rea</font><font style='font-family:Times New Roman;font-size:10pt;' >ch </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >restructuring</font><font style='font-family:Times New Roman;font-size:10pt;' > agreement or to raise sufficient liquidity</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA Corp. may ultimately have insufficient </font><font style='font-family:Times New Roman;font-size:10pt;' >liquid </font><font style='font-family:Times New Roman;font-size:10pt;' >resources to continue to pay claims</font><font style='font-family:Times New Roman;font-size:10pt;' >. Any such failure to meet its obligations could </font><font style='font-family:Times New Roman;font-size:10pt;' >cause the New York State Department of Financial Services </font><font style='font-family:Times New Roman;font-size:10pt;' >(“NYSDFS”) to put MBIA Insurance Corporation, exclusive of MBIA UK and MBIA Mexico, into a rehabilitation or liquidation proceeding</font><font style='font-family:Times New Roman;font-size:10pt;' > and/or to order MBIA Insurance Corporation to cease paying any claims under its policies</font><font style='font-family:Times New Roman;font-size:10pt;' >. Given the separation of MBIA Inc. </font><font style='font-family:Times New Roman;font-size:10pt;' >and MBIA Corp. as distinct legal entities, the absence of any material intercompany lending agreements or cross defaults between the entities, and the lack of reliance by MBIA Inc. on MBIA Corp. for the receipt of dividends, the Company does </font><font style='font-family:Times New Roman;font-size:10pt;' >not believe th</font><font style='font-family:Times New Roman;font-size:10pt;' >at a rehabilitation or liquidation proceeding </font><font style='font-family:Times New Roman;font-size:10pt;' >with respect to </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Insurance Corporation</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >would have any significant long-term liquidity impact on MBIA Inc. or result in a liquidation or similar proceeding of MBIA UK or MBIA Mexico.</font><font style='font-family:Times New Roman;font-size:10pt;' > Such a proceeding could </font><font style='font-family:Times New Roman;font-size:10pt;' >have material adverse consequences for </font><font style='font-family:Times New Roman;font-size:10pt;' >M</font><font style='font-family:Times New Roman;font-size:10pt;' >BIA</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >oration</font><font style='font-family:Times New Roman;font-size:10pt;' >, including the termination of insured credit default swap (“CDS”) contracts for which counterparties may assert market-based claims, the acceleration of debt obligations issued by affiliates and insured by </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >oration</font><font style='font-family:Times New Roman;font-size:10pt;' >, the loss of control of MBIA Insurance Corporation to a rehabilitator or liquidator, and unplanned costs.</font><font style='font-family:Times New Roman;font-size:10pt;' > </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;' >March 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </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;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, the liquidity position of MBIA Inc. was </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >371</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' > and $</font><font style='font-family:Times New Roman;font-size:10pt;' >416</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively. The term “liquidity position” refers to cash and liquid assets available for general liquidity purposes. During the </font><font style='font-family:Times New Roman;font-size:10pt;' >three months ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >March 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >105</font><font style='font-family:Times New Roman;font-size:10pt;' > million was released to MBIA Inc. </font><font style='font-family:Times New Roman;font-size:10pt;' >un</font><font style='font-family:Times New Roman;font-size:10pt;' >der the MBIA group’s tax sharing agreement (the “Tax Escrow Account”)</font><font style='font-family:Times New Roman;font-size:10pt;' >. Based on the Company’s projections of National’s dividends, payments into the Tax Escrow Account, and other cash inflows, the Company expects that MBIA Inc. will have sufficient cash to</font><font style='font-family:Times New Roman;font-size:10pt;' > satisfy its debt service and general corporate needs. However, MBIA Inc. continues to have liquidity risk which could be triggered by deterioration in the performance of invested assets, interruption of or reduction in dividends or tax payments received f</font><font style='font-family:Times New Roman;font-size:10pt;' >rom operating subsidiaries, impaired access to the capital markets, as well as other factors which cannot be anticipated at this time. Furthermore, failure by MBIA Inc. to settle liabilities that are also insured by MBIA Corp. could result in claims on MBI</font><font style='font-family:Times New Roman;font-size:10pt;' >A Corp.</font></p></div> | |
| CY2015Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Net Discount
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount
|
116000000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
25000000 | USD |
| CY2016Q1 | mbi |
Proceeds From Reinsurance And Recoveries
ProceedsFromReinsuranceAndRecoveries
|
24000000 | USD |
| CY2016Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
|
0.228 | pure |
| CY2015Q4 | us-gaap |
Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
|
457000000 | USD |
| CY2016Q1 | mbi |
Segment Revenue
SegmentRevenue
|
32000000 | USD |
| CY2016Q1 | us-gaap |
Revenues
Revenues
|
32000000 | USD |
| CY2016Q1 | mbi |
Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Other
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther
|
-33000000 | USD |
| CY2015Q1 | mbi |
Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange
NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange
|
30000000 | USD |
| CY2016Q1 | mbi |
Segment Expense
SegmentExpense
|
133000000 | USD |
| CY2015Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Interest
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest
|
6247000000 | USD |
| CY2016Q1 | mbi |
Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses After Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax
|
-2000000 | USD |
| CY2016Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
28000000 | USD |
| CY2016Q1 | us-gaap |
Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
|
-81000000 | USD |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-4000000 | USD |
| CY2015Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Net Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability
|
-71000000 | USD |
| CY2016Q1 | 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 |
| CY2016Q1 | mbi |
Expenses Of Consolidated Vies
ExpensesOfConsolidatedVies
|
16000000 | USD |
| CY2015Q1 | mbi |
Proceeds From Sales Maturities And Paydowns Of Fair Value And Trading Securities
ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities
|
170000000 | USD |
| CY2015Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
| CY2015Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
182736415 | shares |
| CY2015Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Gross Potential Recoveries
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries
|
752000000 | USD |
| CY2016Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
45000000 | USD |
| CY2015Q1 | us-gaap |
Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
|
17000000 | USD |
| CY2016Q1 | mbi |
Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax
|
-3000000 | USD |
| CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
1814000000 | USD |
| CY2015Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
400000000 | shares |
| CY2015Q4 | mbi |
Investment Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions For Continuous Twelve Month Period
InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod
|
65 | security |
| CY2016Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
2000000 | USD |
| CY2015Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
6000000 | USD |
| CY2015Q1 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
0 | shares |
| CY2016Q1 | us-gaap |
Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
|
-10000000 | USD |
| CY2015Q4 | us-gaap |
Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
|
9503000000 | USD |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
66000000 | USD |
| CY2016Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
281000000 | USD |
| CY2015Q1 | 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 |
| CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-101000000 | USD |
| CY2016Q1 | mbi |
Increase Decrease In Insurance Loss Recoverable
IncreaseDecreaseInInsuranceLossRecoverable
|
-21000000 | USD |
| CY2015Q1 | mbi |
Vie Interest Net
VieInterestNet
|
14000000 | USD |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-9000000 | USD |
| CY2015Q4 | mbi |
Number Of Policies
NumberOfPolicies
|
411 | |
| CY2016Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-190000000 | USD |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
-11000000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve
IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve
|
-6000000 | USD |
| CY2015Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.37 | |
| CY2016Q1 | mbi |
Premiums Earned Net Financial Guarantee Insurance Contracts And Insured Derivatives
PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives
|
76000000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
|
-13000000 | USD |
| CY2015Q1 | mbi |
Revenues Of Consolidated Vies
RevenuesOfConsolidatedVies
|
2000000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
|
-83000000 | USD |
| CY2016Q1 | us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
22000000 | USD |
| CY2016Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
452000000 | USD |
| CY2015Q1 | mbi |
Payments To Acquire Fair Value Option And Trading Securities
PaymentsToAcquireFairValueOptionAndTradingSecurities
|
166000000 | USD |
| CY2016Q1 | mbi |
Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Assumptions
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions
|
-134000000 | USD |
| CY2015Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
2389000000 | USD |
| CY2016Q1 | 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 |
| CY2015Q4 | mbi |
Fair Value Of Securities On Deposit With Various Regulatory Authorities
FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities
|
10000000 | USD |
| CY2015Q1 | mbi |
Expenses Of Consolidated Vies
ExpensesOfConsolidatedVies
|
14000000 | USD |
| CY2016Q1 | us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div><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-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:4.5pt;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><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Deferral of the Effective Date</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >(ASU 201</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >5</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;' >14</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 </font><font style='font-family:Times New Roman;font-size:10pt;' >May of 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers (Topic 606).” ASU 2014-09 amends the accounting guidance for recognizing revenue for the transfer of goods or services from contracts with customers unless those contracts are</font><font style='font-family:Times New Roman;font-size:10pt;' > within the scope of other accounting standards. ASU 2014-09 does not apply to financial guarantee insurance contracts within the scope of Topic 944, “Financial Services </font><font style='font-family:Times New Roman;font-size:10pt;' >—</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;' >Insurance.” In August of 2015, the FASB issued ASU 2015-14, “Revenue from Contracts </font><font style='font-family:Times New Roman;font-size:10pt;' >with Customers (Topic 606)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >—</font><font style='font-family:Times New Roman;font-size:10pt;' > Deferral of the Effective Date.</font><font style='font-family:Times New Roman;font-size:10pt;' >” ASU 2015-14 defers the effective date of ASU 2014-09 to interim and annual periods beginning January 1, 2018, and is applied on a retrospective or modified retrospective basis. The adoption of A</font><font style='font-family:Times New Roman;font-size:10pt;' >SU 2014-09 is not expected to materially impact the Company’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;' >Presentation of Financial Statements</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >—</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Going Concern (Subtopic 205-40)</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;' >Disclo</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >sure of Uncertainties about an Entity’s Ability to Continue as a Going Concern</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >(ASU 2014-</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >15</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >)</font></p><p style='text-align:left;margin-top: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 2014-15, “Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’</font><font style='font-family:Times New Roman;font-size:10pt;' >s Ability to Continue as a Going Concern.” ASU 2014-15 requires management to evaluate whether there are conditions or events that raise substantial doubt about the entity’s ability to continue as a going concern, and to provide certain disclosures when it</font><font style='font-family:Times New Roman;font-size:10pt;' > is probable that the entity will be unable to meet its obligations as they become due within one year after the date that the financial statements are issued. ASU 2014-15 is effective for the annual period 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 a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd interim periods thereafter with early adoption permitted. </font><font style='font-family:Times New Roman;font-size:10pt;' >The adoption of ASU 2014-15 is not expected to materially impact the Company’s consolidated financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Fin</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >ancial Liabilities (ASU 2016-01)</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 January of 2016, the FASB issued ASU 2016-01, “Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.” ASU 2016-01 requires certain equity investments </font><font style='font-family:Times New Roman;font-size:10pt;' >other than those accounted for under the equity method of accounting or result in consolidation of the investee to be measured at fair value with changes in fair value recognized in net income, and permits an entity to measure equity investments that do no</font><font style='font-family:Times New Roman;font-size:10pt;' >t have readily determinable fair values at cost less any impairment plus or minus adjustments for certain changes in observable prices. An entity is also required to evaluate the need for a valuation allowance on a deferred tax asset related to </font><font style='font-family:Times New Roman;font-size:10pt;' >available-f</font><font style='font-family:Times New Roman;font-size:10pt;' >or-sale (“</font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' >”)</font><font style='font-family:Times New Roman;font-size:10pt;' > debt securities in combination with the entity’s other deferred tax assets. ASU 2016-01 requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability that results fro</font><font style='font-family:Times New Roman;font-size:10pt;' >m a change in the instrument-specific credit risk for financial liabilities that the entity has elected to measure at fair value in accordance with the fair value option for financial instruments. ASU 2016-01 is effective for interim and annual periods beg</font><font style='font-family:Times New Roman;font-size:10pt;' >inning January 1, 2018, and is applied on a modified retrospective basis. Early adoption is not permitted with the exception of early application of the guidance that requires separate presentation in other comprehensive income of the change in the instrum</font><font style='font-family:Times New Roman;font-size:10pt;' >ent-specific credit risk for financial liabilities measured at fair value in accordance with the fair value option is permitted as of the beginning of the fiscal year of adoption</font><font style='font-family:Times New Roman;font-size:10pt;' > of the standard</font><font style='font-family:Times New Roman;font-size:10pt;' >. The Company is evaluating the impact of adopting ASU 2016-01</font><font style='font-family:Times New Roman;font-size:10pt;' >.</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;' >Leases (Topic 842) (ASU 2016-02)</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 2016, the FASB issued ASU 2016-02, “Leases (Topic 842)” that amends the accounting guidance for leasing transactions. ASU 2016-02 requires a lessee to classify lease contracts as finance or operating leases</font><font style='font-family:Times New Roman;font-size:10pt;' >, and to recognize assets and liabilities for the rights and obligations created by leasing transactions with lease terms more than twelve months. ASU 2016-02 substantially retains the criteria for classifying leasing transactions as finance or operating l</font><font style='font-family:Times New Roman;font-size:10pt;' >eases. For finance leases, a lessee recognizes a right-of-use asset and a lease liability initially measured at the present value of the lease payments, and recognizes interest expense on the lease liability separately from the amortization of the right-of</font><font style='font-family:Times New Roman;font-size:10pt;' >-use asset. For operating leases, a lessee recognizes a right-of-use asset and a lease liability initially measured at the present value of the lease payments, and recognizes lease expense on a straight-line basis. ASU 2016-02 is effective for interim and </font><font style='font-family:Times New Roman;font-size:10pt;' >annual periods beginning January 1, 2019 with early adoption permitted, and is applied on a modified retrospective basis. The Company is evaluating the impact of adopting ASU 2016-02.</font></p><p style='text-align:left;line-height:12pt;' ></p></div> | |
| CY2015Q1 | us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
-6000000 | USD |
| CY2016Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-14000000 | USD |
| CY2015Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
70000000 | USD |
| CY2016Q1 | mbi |
Increase Decrease In Loss Adjustment Expense Recoveries
IncreaseDecreaseInLossAdjustmentExpenseRecoveries
|
1000000 | USD |
| CY2015Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
67000000 | USD |
| CY2015Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
36000000 | USD |
| CY2015Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2016Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-23000000 | USD |
| CY2016Q1 | us-gaap |
Increase Decrease Cash Collateral From Counterparties
IncreaseDecreaseCashCollateralFromCounterparties
|
-13000000 | USD |
| CY2015Q1 | mbi |
Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax
|
-14000000 | USD |
| CY2015Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
44000000 | USD |
| CY2015Q4 | us-gaap |
Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
|
2918000000 | USD |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-20000000 | USD |
| CY2016Q1 | mbi |
Expense From Transactions With Other Operating Segments Of Same Entity
ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity
|
0 | USD |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
1000000 | USD |
| CY2016Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
4000000 | USD |
| CY2016Q1 | us-gaap |
Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
|
0 | USD |
| CY2015Q1 | mbi |
Proceeds From Reinsurance And Recoveries
ProceedsFromReinsuranceAndRecoveries
|
23000000 | USD |
| CY2016Q1 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
-28000000 | USD |
| CY2016Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
122000000 | USD |
| CY2015Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
2000000 | USD |
| CY2015Q1 | mbi |
Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax
|
-5000000 | USD |
| CY2016Q1 | us-gaap |
Payments For Operating Activities
PaymentsForOperatingActivities
|
52000000 | USD |
| CY2016Q1 | us-gaap |
Interest Expense
InterestExpense
|
50000000 | USD |
| CY2016Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
0 | USD |
| CY2015Q1 | mbi |
Segment Pretax Income Loss
SegmentPretaxIncomeLoss
|
113000000 | USD |
| CY2015Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal
|
11160000000 | USD |
| CY2016Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
137280900 | shares |
| CY2016Q1 | us-gaap |
Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
|
56000000 | USD |
| CY2015Q1 | mbi |
Increase Decrease In Other Net Realized Gains Losses
IncreaseDecreaseInOtherNetRealizedGainsLosses
|
-20000000 | USD |
| CY2015Q4 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Unearned Premium Revenue
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue
|
98000000 | USD |
| CY2016Q1 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
1000000 | USD |
| CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
69000000 | USD |
| CY2015Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
627000000 | USD |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
|
0 | USD |
| CY2015Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
11000000 | USD |
| CY2015Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
37000000 | USD |
| CY2015Q1 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
0 | USD |
| CY2015Q4 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
|
5400000000 | USD |
| CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-9000000 | USD |
| CY2016Q1 | us-gaap |
Proceeds From Insurance Premiums Collected
ProceedsFromInsurancePremiumsCollected
|
23000000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease Cash Collateral From Counterparties
IncreaseDecreaseCashCollateralFromCounterparties
|
-110000000 | USD |
| CY2015 | us-gaap |
Insured Financial Obligations With Credit Deterioration Remaining Weighted Average Contract Period
InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod
|
P7Y4M24D | |
| CY2016Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
| CY2016Q1 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
2700000000 | USD |
| CY2015Q1 | us-gaap |
Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
|
15000000 | USD |
| CY2015Q1 | us-gaap |
Other Income
OtherIncome
|
20000000 | USD |
| CY2016Q1 | mbi |
Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax
|
-1000000 | USD |
| CY2015Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
17957392 | shares |
| CY2016Q1 | dei |
Trading Symbol
TradingSymbol
|
MBI | |
| CY2016Q1 | mbi |
Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Discount Rate
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate
|
13000000 | USD |
| CY2016Q1 | mbi |
Number Of Variable Interest Entities Consolidated
NumberOfVariableInterestEntitiesConsolidated
|
1 | pure |
| CY2015Q1 | mbi |
Payments For Net Realized Losses On Insured Derivatives Paid
PaymentsForNetRealizedLossesOnInsuredDerivativesPaid
|
13000000 | USD |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
17000000 | USD |
| CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
113000000 | USD |
| CY2015Q1 | us-gaap |
Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
|
52000000 | USD |
| CY2016Q1 | us-gaap |
Revenue Other Financial Services
RevenueOtherFinancialServices
|
115000000 | USD |
| CY2015Q1 | mbi |
Number Of Variable Interest Entities Consolidated
NumberOfVariableInterestEntitiesConsolidated
|
1 | pure |
| CY2015Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
113000000 | USD |
| CY2015Q1 | us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
-78000000 | USD |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
5000000 | USD |
| CY2016Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
135814835 | shares |
| CY2016Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
1939000000 | USD |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
-5000000 | USD |
| CY2015Q1 | us-gaap |
Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
|
5000000 | USD |
| CY2016Q1 | us-gaap |
Financial Guarantee Insurance Contracts Claim Liability Weighted Average Risk Free Discount Rate
FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate
|
0.0146 | pure |
| CY2015Q1 | us-gaap |
Proceeds From Insurance Premiums Collected
ProceedsFromInsurancePremiumsCollected
|
17000000 | USD |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
-3000000 | USD |
| CY2016Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-21000000 | USD |
| CY2016Q1 | us-gaap |
Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
|
20000000 | USD |
| CY2016Q1 | mbi |
Proceeds From Sales Maturities And Paydowns Of Fair Value And Trading Securities
ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities
|
92000000 | USD |
| CY2015Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
132000000 | USD |
| CY2016Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2016Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
94000000 | USD |
| CY2016Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | pure |
| CY2015Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-24000000 | USD |
| CY2015Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
192000000 | USD |
| CY2016Q1 | mbi |
Unvested Restricted Stock And Units That Receive Nonforfeitable Dividends Or Dividend Equivalents That Have Met Service Condition
UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition
|
712927 | shares |
| CY2016Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
135814835 | shares |
| CY2015Q1 | mbi |
Premiums Earned Net Financial Guarantee Insurance Contracts And Insured Derivatives
PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives
|
105000000 | USD |
| CY2016Q1 | mbi |
Number Of Other Lawsuits
NumberOfOtherLawsuits
|
0 | Lawsuits |
| CY2015Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-11000000 | USD |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
26000000 | USD |
| CY2015Q1 | us-gaap |
Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
|
28000000 | USD |
| CY2016Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
| CY2015Q1 | mbi |
Proceeds From Consolidation Of Variable Interest Entity
ProceedsFromConsolidationOfVariableInterestEntity
|
7000000 | USD |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax
|
0 | USD |
| CY2016Q1 | us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
117000000 | USD |
| CY2016Q1 | mbi |
Collections For Cases With Recoveries
CollectionsForCasesWithRecoveries
|
17000000 | USD |
| CY2016Q1 | us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
32000000 | USD |
| CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-2046000000 | USD |
| CY2016Q1 | mbi |
Vie Interest Net
VieInterestNet
|
22000000 | USD |
| CY2016Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-14000000 | USD |
| CY2016Q1 | us-gaap |
Proceeds From Interest And Dividends Received
ProceedsFromInterestAndDividendsReceived
|
113000000 | USD |
| CY2016Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
16685220 | shares |
| CY2016Q1 | us-gaap |
Increase Decrease In Liability For Claims And Claims Adjustment Expense Reserve
IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve
|
9000000 | USD |
| CY2016Q1 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
13000000 | USD |
| CY2016Q1 | mbi |
Increase Decrease In Other Net Realized Gains Losses
IncreaseDecreaseInOtherNetRealizedGainsLosses
|
1000000 | USD |
| CY2015Q1 | mbi |
Increase Decrease In Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange
IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange
|
20000000 | USD |
| CY2016Q1 | mbi |
Payments To Acquire Fair Value Option And Trading Securities
PaymentsToAcquireFairValueOptionAndTradingSecurities
|
24000000 | USD |
| CY2016Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2016-03-31 | |
| CY2016Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2016 | |
| CY2016Q1 | dei |
Document Type
DocumentType
|
10-Q | |
| CY2016Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
| CY2016Q1 | us-gaap |
Assets
Assets
|
12751000000 | USD |
| CY2016Q1 | us-gaap |
Liabilities
Liabilities
|
9112000000 | USD |
| CY2016Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
| CY2016Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
283000000 | USD |
| CY2016Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
3147000000 | USD |
| CY2016Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2960000000 | USD |
| CY2016Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
5000000 | USD |
| CY2016Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
2768000000 | USD |
| CY2016Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3627000000 | USD |
| CY2016Q1 | mbi |
Preferred Stock Of Subsidiary
PreferredStockOfSubsidiary
|
12000000 | USD |
| CY2016Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3639000000 | USD |
| CY2016Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
12751000000 | USD |
| CY2016Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2015Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2015Q4 | us-gaap |
Assets
Assets
|
14836000000 | USD |
| CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
11095000000 | USD |
| CY2015Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
| CY2015Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
282000000 | USD |
| CY2015Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
3138000000 | USD |
| CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
3038000000 | USD |
| CY2015Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-61000000 | USD |
| CY2015Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
2668000000 | USD |
| CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3729000000 | USD |
| CY2015Q4 | mbi |
Preferred Stock Of Subsidiary
PreferredStockOfSubsidiary
|
12000000 | USD |
| CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3741000000 | USD |
| CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
14836000000 | USD |
| CY2016Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
1 | |
| CY2016Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
| CY2016Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2016Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2016Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
1 | |
| CY2016Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
400000000 | shares |
| CY2016Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
283390167 | shares |
| CY2015Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
130303241 | shares |
| CY2016Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
146112863 | shares |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
69000000 | USD |
| CY2016Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
3000000 | USD |
| CY2016Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal
|
10948000000 | USD |
| CY2016Q1 | mbi |
Number Of Policies
NumberOfPolicies
|
409 | |
| CY2016Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Number Of Contracts Issued And Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding
|
141 | |
| CY2016Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Interest
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest
|
6085000000 | USD |
| CY2016Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding
|
17033000000 | USD |
| CY2016Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Unearned Premium Revenue
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue
|
97000000 | USD |
| CY2016Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Net Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability
|
112000000 | USD |
| CY2016Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Net Discount
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount
|
109000000 | USD |
| CY2016Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Gross Potential Recoveries
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries
|
541000000 | USD |
| CY2016Q1 | us-gaap |
Schedule Of Insured Financial Obligations With Credit Deterioration Gross Claim Liability
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability
|
762000000 | USD |
| CY2016Q1 | us-gaap |
Reinsurance Receivables Incurred But Not Reported Claims
ReinsuranceReceivablesIncurredButNotReportedClaims
|
5000000 | USD |
| CY2016Q1 | us-gaap |
Reinsurance Receivables Case Basis
ReinsuranceReceivablesCaseBasis
|
6000000 | USD |
| CY2016Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
332000000 | USD |
| CY2016Q1 | us-gaap |
Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
|
99000000 | USD |
| CY2016Q1 | mbi |
Impact Of Non Performance Risk On Insured Derivative Liability
ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability
|
81000000 | USD |
| CY2016Q1 | mbi |
Approximate Percentage Of Level3 Assets At Fair Value In Total Assets Measured At Fair Value
ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue
|
0.2 | pure |
| CY2016Q1 | mbi |
Approximate Percentage Of Level3 Liabilities At Fair Value In Total Liabilities Measured At Fair Value
ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue
|
0.52 | pure |
| CY2016Q1 | us-gaap |
Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
|
9457000000 | USD |
| CY2016Q1 | us-gaap |
Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
|
2795000000 | USD |
| CY2016Q1 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
|
3600000000 | USD |
| CY2016Q1 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
|
3100000000 | USD |
| CY2015Q4 | us-gaap |
Estimated Insurance Recoveries
EstimatedInsuranceRecoveries
|
571000000 | USD |
| CY2016Q1 | mbi |
Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses
InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses
|
510000000 | USD |
| CY2016Q1 | mbi |
Investment Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions For Continuous Twelve Month Period
InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod
|
78 | security |
| CY2016Q1 | mbi |
Percentage Of Securities Book Value Exceeded Market Value
PercentageOfSecuritiesBookValueExceededMarketValue
|
0.05 | pure |
| CY2016Q1 | mbi |
Fair Value Of Securities On Deposit With Various Regulatory Authorities
FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities
|
10000000 | USD |
| CY2016Q1 | us-gaap |
Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
|
451000000 | USD |
| CY2016Q1 | mbi |
Cash And Money Market Securities Collateral For Investment Agreements
CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements
|
14000000 | USD |
| CY2016Q1 | mbi |
Weighted Average Contractual Maturity Period Of Securities Unrealized Loss Position
WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition
|
P20Y | |
| CY2015 | mbi |
Weighted Average Contractual Maturity Period Of Securities Unrealized Loss Position
WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition
|
P17Y | |
| CY2016Q1 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
6224000000 | USD |
| CY2016Q1 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
207000000 | USD |
| CY2016Q1 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
141000000 | USD |
| CY2016Q1 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
6290000000 | USD |
| CY2016Q1 | mbi |
Available For Sale Cumulative Other Than Temporary Impairment Of Securities
AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities
|
92000000 | USD |
| CY2016Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
750000000 | USD |
| CY2016Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
10000000 | USD |
| CY2016Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
456000000 | USD |
| CY2016Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
131000000 | USD |
| CY2016Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
|
1206000000 | USD |
| CY2016Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
|
141000000 | USD |
| CY2015Q4 | mbi |
Available For Sale Cumulative Other Than Temporary Impairment Of Securities
AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities
|
89000000 | USD |
| CY2016Q1 | mbi |
Guarantee Obligations Maximum Net Exposure
GuaranteeObligationsMaximumNetExposure
|
3000000000 | USD |
| CY2016Q1 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
63000000 | USD |
| CY2016Q1 | mbi |
Fair Value Of Credit Support Annexes
FairValueOfCreditSupportAnnexes
|
3000000 | USD |
| CY2015Q4 | mbi |
Fair Value Of Credit Support Annexes
FairValueOfCreditSupportAnnexes
|
3000000 | USD |
| CY2015Q4 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
50000000 | USD |
| CY2016Q1 | us-gaap |
Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
|
288000000 | USD |
| CY2015Q4 | us-gaap |
Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
|
259000000 | USD |
| CY2016Q1 | mbi |
Derivative Asset Counterparty Netting Amount Fair Value
DerivativeAssetCounterpartyNettingAmountFairValue
|
1000000 | USD |
| CY2015Q4 | mbi |
Derivative Asset Counterparty Netting Amount Fair Value
DerivativeAssetCounterpartyNettingAmountFairValue
|
1000000 | USD |
| CY2016Q1 | mbi |
Derivative Fair Value Of Derivative Asset Net Of Counterparty Netting
DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting
|
14000000 | USD |
| CY2015Q4 | mbi |
Derivative Fair Value Of Derivative Asset Net Of Counterparty Netting
DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting
|
19000000 | USD |
| CY2016Q1 | mbi |
Other Assets And Derivative Assets Vie After Counterparty Netting And Embedded Reclass
OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass
|
9000000 | USD |
| CY2015Q4 | mbi |
Other Assets And Derivative Assets Vie After Counterparty Netting And Embedded Reclass
OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass
|
14000000 | USD |
| CY2016Q1 | mbi |
Other Liabilities And Derivative Liabilities Vie After Counterparty Netting And Embedded Reclass
OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass
|
394000000 | USD |
| CY2015Q4 | mbi |
Other Liabilities And Derivative Liabilities Vie After Counterparty Netting And Embedded Reclass
OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass
|
359000000 | USD |
| CY2016Q1 | mbi |
Transfers Into Level Three
TransfersIntoLevelThree
|
5000000 | USD |
| CY2016Q1 | mbi |
Transfers Out Of Level Three
TransfersOutOfLevelThree
|
11000000 | USD |
| CY2016Q1 | mbi |
Transfers Into Level Two
TransfersIntoLevelTwo
|
11000000 | USD |
| CY2016Q1 | mbi |
Transfers Out Of Level Two
TransfersOutOfLevelTwo
|
5000000 | USD |
| CY2015Q1 | mbi |
Transfers Into Level Two
TransfersIntoLevelTwo
|
11000000 | USD |
| CY2015Q1 | mbi |
Transfers Into Level Three
TransfersIntoLevelThree
|
0 | USD |
| CY2015Q1 | mbi |
Transfers Out Of Level Two
TransfersOutOfLevelTwo
|
0 | USD |
| CY2016Q1 | mbi |
Reinsurance Recoverable On Unpaid Loss Adjustment Expenses
ReinsuranceRecoverableOnUnpaidLossAdjustmentExpenses
|
1000000 | USD |
| CY2016Q1 | mbi |
Derivative Liability Counterparty Netting
DerivativeLiabilityCounterpartyNetting
|
1000000 | USD |
| CY2015Q4 | mbi |
Derivative Liability Counterparty Netting
DerivativeLiabilityCounterpartyNetting
|
1000000 | USD |
| CY2015Q4 | mbi |
Derivative Fair Value Of Derivative Liability Net Of Counterparty Netting
DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting
|
374000000 | USD |
| CY2016Q1 | mbi |
Derivative Fair Value Of Derivative Liability Net Of Counterparty Netting
DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting
|
411000000 | USD |
| CY2016Q1 | us-gaap |
Disposal Date1
DisposalDate1
|
2015-01-01 | |
| CY2016Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
0 | USD |
| CY2016Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
| CY2016Q1 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
|
22000000 | USD |
| CY2015Q4 | mbi |
Insurance Loss Recoverable
InsuranceLossRecoverable
|
577000000 | USD |
| CY2015Q4 | mbi |
Lae Insurance Loss Recoverable
LaeInsuranceLossRecoverable
|
6000000 | USD |
| CY2016Q1 | us-gaap |
Estimated Insurance Recoveries
EstimatedInsuranceRecoveries
|
407000000 | USD |
| CY2016Q1 | mbi |
Lae Insurance Loss Recoverable
LaeInsuranceLossRecoverable
|
2000000 | USD |
| CY2015Q4 | mbi |
Impact Of Non Performance Risk On Insured Derivative Liability
ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability
|
99000000 | USD |
| CY2015Q1 | mbi |
Transfers Out Of Level Three
TransfersOutOfLevelThree
|
11000000 | USD |
| CY2016Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes |
