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Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2013

MBIA Inc. and Subsidiaries

Notes to Consolidated Financial Statements (Unaudited)

Note 13: Accumulated Other Comprehensive Income

The following table presents the changes in the components of AOCI for the six months ended June 30, 2013:



		Unrealized
		Gains (Losses)
		on AFS		Foreign Currency
In millions		Securities, Net		Translation, Net		Total
Balance, January 1, 2013		$	43	$	13	$	56

	Other comprehensive income before reclassifications		(88)		(39)		(127)
	Amounts reclassified from AOCI		(15)		0		(15)
Net current period other comprehensive income (loss)			(103)		(39)		(142)

Balance, June 30, 2013		$	(60)	$	(26)	$	(86)

The following table presents the details of the reclassifications from AOCI for the six months ended June 30, 2013:

In millions
		Amounts
		Reclassified
Details about AOCI Components		from AOCI		Affected Line Item on the Consolidated Statements of Operations
Unrealized gains (losses) on AFS securities:
				Net gains (losses) on financial instruments at fair value
	Realized gain on sale of securities	$	26	and foreign exchange
	Amortization on securities		(3)	Net investment income
			23	Income (loss) before income taxes
			8	Provision (benefit) for income taxes
Total reclassifications for the period		$	15	Net income (loss)