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Consolidated Statements Of Operations (USD $)
In Millions, except Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Change in fair value of insured derivatives:        
Unrealized gains (losses) on insured derivatives     $ 863 $ 1,562
Net change in fair value of insured derivatives 24 257 446 14
Net gains (losses) on financial instruments at fair value and foreign exchange 57 5 63 62
Investment losses related to other-than-temporary impairments:        
Net investment losses related to other-than-temporary impairments (14)   (14)  
Net gains (losses) on extinguishment of debt   6 3 49
Other net realized gains (losses) 30 (29) 31 (29)
Total revenues 291 420 1,055 751
Expenses:        
Losses and loss adjustment 20 98 82 92
Interest 52 59 158 179
Total expenses 143 249 448 629
Income (loss) before income taxes 148 171 607 122
Provision (benefit) for income taxes (25) 39 58 4
Net income (loss) 173 132 549 118
Net income (loss) per common share:        
Net income (loss) per basic common share $ 0.9 $ 0.68 $ 2.83 $ 0.61
Net income (loss) per diluted common share $ 0.8 $ 0.52 $ 2.62 $ 0.57
Weighted average number of common shares outstanding:        
Basic 187,104,785 [1] 188,931,800 [1] 188,428,870 [1] 189,094,678 [1]
Diluted 188,424,318 192,581,064 191,616,723 193,031,189
Non Variable Interest Entity [Member]
        
Premiums earned:        
Scheduled premiums earned 64 80 196 236
Refunding premiums earned 52 24 97 112
Premiums earned (net of ceded premiums of $4, $2, $8 and $7) 116 104 293 348
Net investment income 44 42 136 118
Fees and reimbursements 17 5 25 17
Change in fair value of insured derivatives:        
Realized gains (losses) and other settlements on insured derivatives (24) (28) (417) (1,548)
Unrealized gains (losses) on insured derivatives 48 285 863 1,562
Net change in fair value of insured derivatives 24 257 446 14
Net gains (losses) on financial instruments at fair value and foreign exchange 57 5 63 62
Investment losses related to other-than-temporary impairments:        
Investment losses related to other-than-temporary impairments (93) 0 (93) 0
Other-than-temporary impairments recognized in accumulated other comprehensive income (loss) 79 0 79 0
Net investment losses related to other-than-temporary impairments (14) 0 (14) 0
Net gains (losses) on extinguishment of debt 0 6 3 49
Other net realized gains (losses) 30 (29) 31 (29)
Expenses:        
Losses and loss adjustment 20 98 82 92
Amortization of deferred acquisition costs 13 9 31 36
Operating 46 71 141 280
Interest 52 59 158 179
Variable Interest Entity Primary Beneficiary [Member]
        
Premiums earned:        
Net investment income 12 13 37 43
Change in fair value of insured derivatives:        
Net gains (losses) on financial instruments at fair value and foreign exchange 8 [2] 17 [2] 34 [2] 128 [2]
Investment losses related to other-than-temporary impairments:        
Net gains (losses) on extinguishment of debt 0 0 4 0
Other net realized gains (losses) (3) 0 (3) 1
Expenses:        
Operating 2 2 6 8
Interest $ 10 $ 10 $ 30 $ 34
[1]
Includes 270,142 and 569,673 of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend equivalents for the three months ended June 30, 2014 and 2013, respectively. Includes 315,018 and 636,570 of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend equivalents for the six months ended June 30, 2014 and 2013, respectively.
[2]
Reported within Net gains (losses) of financial instruments at fair value and foreign exchange-VIE on MBIA's consolidated statements of operations.